Mauritius Business & Economy News

Track Mauritius's evolving economy with coverage of the Stock Exchange of Mauritius, banking, foreign investment, SME growth, budget updates, and the financial sectors driving the island's prosperity, from fintech and IFC developments to trade and industry.

298 Business stories · Updated continuously · MauritiusNews.com

FCC Auction: 30 Cars, Three Boats and Six Motorcycles Up for Grabs
Business

FCC Auction: 30 Cars, Three Boats and Six Motorcycles Up for Grabs

The Financial Crimes Commission (FCC) of Mauritius is set to hold a public auction of seized assets, putting up for sale approximately 30 ca…

Le Defi Media27 days ago
Five Investors Bid to Buy Mauritius State-Owned Casinos
Business

Five Investors Bid to Buy Mauritius State-Owned Casinos

Five investors are competing to acquire Casinos de Maurice, the state-owned gaming operator, as the Mauritian government pushes ahead with p…

Le Defi Media27 days ago
Yousuf Jeeva, Neel Group CEO: 'Failure Was Never an Option for Me'
Business

Yousuf Jeeva, Neel Group CEO: 'Failure Was Never an Option for Me'

Yousuf Jeeva, the Chief Executive Officer of Neel Group of Companies, has spoken candidly about the relentless determination that has shaped…

Le Defi Media28 days ago
India's UPI Payment System Goes Partly Paid After Beating Visa
Business

India's UPI Payment System Goes Partly Paid After Beating Visa

India's Unified Payments Interface (UPI), the homegrown digital payments network that dramatically overtook Visa in global transaction volum…

Le Defi Media28 days ago
Strong Dollar Risk: What the Fed's Rate Stance Means for Mauritius
Business

Strong Dollar Risk: What the Fed's Rate Stance Means for Mauritius

The United States Federal Reserve's decision to keep interest rates elevated is sending ripple effects far beyond American shores, and Mauri…

Le Defi Media28 days ago
Mauritius Fuel Price Hike Could Come 'At Any Moment', Warns Minister
Business

Mauritius Fuel Price Hike Could Come 'At Any Moment', Warns Minister

Mauritians could soon be paying more at the pump. Minister Michael Sik Yuen has issued a stark warning that a fuel price increase could be a…

Le Defi Media28 days ago
Aubergine Prices Triple in Mauritius in Just Two Months
Business

Aubergine Prices Triple in Mauritius in Just Two Months

Mauritians shopping for vegetables have been hit hard this season, with prices on a range of locally grown produce rising steeply between Ju…

ION News29 days ago
Mauritius Completes Its First Electronic Bill of Exchange Transaction
Business

Mauritius Completes Its First Electronic Bill of Exchange Transaction

Mauritius has reached a landmark moment in its financial sector by completing its first trade finance transaction using an electronic bill o…

Le Defi Media29 days ago
How Africa Is Building Payment Systems to Bypass the Dollar
Business

How Africa Is Building Payment Systems to Bypass the Dollar

For decades, moving money across Africa has meant going through the US dollar and the SWIFT network, a system that adds cost, delays, and de…

Le Defi Media29 days ago
US-Iran War Cost Arab Economies $150 Billion in First Month
Business

US-Iran War Cost Arab Economies $150 Billion in First Month

A senior United Nations official has warned that the war between the United States and Iran has cost Arab economies an estimated $150 billio…

Le Defi Media29 days ago
Mauritius Minister Pushes AI and Digital Tools for Industry
Business

Mauritius Minister Pushes AI and Digital Tools for Industry

Mauritius's Minister of Industry, SMEs and Cooperatives, Aadil Ameer Meea, has called on the island's industrial sector to accelerate its em…

ION News29 days ago
India Warns US Tariffs on Russian Oil Could Strain Bilateral Ties
Business

India Warns US Tariffs on Russian Oil Could Strain Bilateral Ties

India has issued a rare diplomatic warning to the United States, cautioning that newly proposed American tariffs on countries purchasing Rus…

Le Defi Media29 days ago
Bad Buy Sparked a Business: Sonya Padayachy's Genuine Leather Brand
Business

Bad Buy Sparked a Business: Sonya Padayachy's Genuine Leather Brand

A disappointing shopping experience, not a business school course or a family legacy, is what launched Sonya Padayachy into entrepreneurship…

ION News30 days ago
Hinduja Group Eyes New Investment Opportunities in Mauritius
Business

Hinduja Group Eyes New Investment Opportunities in Mauritius

The Hinduja Group, one of India's most powerful and diversified business conglomerates, has been exploring new investment opportunities in M…

Le Defi Media30 days ago
Haircuts in Mauritius: From Rs 250 to Rs 6,000 Explained
Business

Haircuts in Mauritius: From Rs 250 to Rs 6,000 Explained

Getting your hair cut in Mauritius can still be remarkably affordable, or surprisingly expensive, depending on where you go and what you ask…

ION News30 days ago
Bagatelle Mall Goes Big on Fun: Flip Out, Food Court & Play Zone
Business

Bagatelle Mall Goes Big on Fun: Flip Out, Food Court & Play Zone

Shopping, watching a film, and picking up new clothes may no longer be enough to keep Mauritians coming back to the mall. Across the island,…

ION News30 days ago
Made in Moris Launches Five-Day Sustainability Bootcamp for Manufacturers
Business

Made in Moris Launches Five-Day Sustainability Bootcamp for Manufacturers

Made in Moris and the Association of Mauritian Manufacturers (AMM) have jointly launched a "Sustainability Bootcamp", a five-day training pr…

ION News30 days ago
FMI : La dette publique à 79 % du PIB
Business

FMI : La dette publique à 79 % du PIB

Le Fonds monétaire international (FMI) a publié le 14 septembre dernier un rapport technique de quatre pages, intitulé High-Level Summary Te…

ION News30 days ago
Fed Rate Hike: What It Means for Mauritius
Business

Fed Rate Hike: What It Means for Mauritius

When the United States Federal Reserve adjusts its benchmark interest rate, the shockwaves are rarely confined to American shores. For small…

Le Defi Mediaabout 1 month ago
India-Mauritius Tax Treaty Debate Reignited
Business

India-Mauritius Tax Treaty Debate Reignited

The India-Mauritius tax treaty, one of the most debated bilateral financial agreements in the region, is once again under the spotlight, thi…

Le Defi Mediaabout 1 month ago
Piercing the Veil: Corporate Law in Mauritius
Business

Piercing the Veil: Corporate Law in Mauritius

In Mauritius, the principle of 'piercing the corporate veil' remains one of the most consequential, yet least understood, doctrines in busin…

Le Defi Mediaabout 1 month ago
Loto & Loto Plus: No Jackpot Winner on Sept 16
Business

Loto & Loto Plus: No Jackpot Winner on Sept 16

Wednesday 16 September's Loto and Loto Plus draws in Mauritius ended without a grand prize winner, confirming that both jackpots will roll o…

Le Defi Mediaabout 1 month ago
CYE 2026: Ishant Ayadassen on AI & Chaos
Business

CYE 2026: Ishant Ayadassen on AI & Chaos

Behind every trophy lies a story that rarely makes the headlines. For Ishant Ayadassen, the First Runner-Up at the Creative Young Entreprene…

ION Newsabout 1 month ago
Taxi Drivers to Block Uber at Flic-en-Flac
Business

Taxi Drivers to Block Uber at Flic-en-Flac

Tensions between Mauritius's established taxi industry and the arrival of Uber are coming to a head, with organised taxi operators announcin…

ION Newsabout 1 month ago

Frequently Asked Questions

What drives the Mauritius economy?−

Mauritius has a diversified economy built on four main pillars: financial services (including IFC and banking), tourism, manufacturing (especially textiles), and a growing ICT/BPO sector. The country is consistently ranked among Africa's most competitive economies.

What is the Stock Exchange of Mauritius?−

The Stock Exchange of Mauritius (SEM) operates two markets: the Official Market and the Development & Enterprise Market (DEM). It lists over 90 companies and is one of Africa's leading exchanges, attracting significant international investment.

Is Mauritius a good place to do business?−

Mauritius ranks highly in African business environment indices, with a strong legal system, low corporate tax rate (15%), double taxation agreements with 46 countries, and a reputation as a gateway for investment into Africa and Asia.

What is the Mauritius International Financial Centre?−

The Mauritius IFC is a major financial hub managing over $700 billion in assets. It offers global business licences, fund management, banking, and insurance services, making it one of the world's top 10 offshore financial centres.