While still affected by the Covid-19 crisis, trends in business volume for pioneers of all-inclusive holidays, Club Med, has evolved differently in various geographical areas. In the 1st half of 2022 (H1 22) Club Med saw its business volume increase by more than 300% compared to the 1st half of 2021 (H1 21) when ski […]
Category Archives: Mauritius News
Mauritius News
Air Mauritius has made two significant appointments to its team in Southern Africa. Melissa McKay has been appointed as Business Development Sales Executive, and Kirsty Rebelo has been appointed as the Sales and Marketing Manager – Southern Africa and Latin America – for the airline. McKay will be responsible for key account management of all retail, travel […]
By Lerisha Naidu, Partner, Angelo Tzarevski, Associate Director, Sphesihle Nxumalo, Associate and Zareenah Rasool, Associate, Competition & Antitrust Practice, Baker McKenzie Johannesburg Baker McKenzie’s latest Africa Competition Report 2022 provides a detailed analysis and overview of recent developments in competition law enforcement and competition policy in 32 African jurisdictions and regional bodies. The Report outlines how, over […]
Numerous countries in Africa have developed or implemented data privacy and security laws in their countries in the last few years. With the rapid rise in digitisation as a result of the pandemic, the broad implementation of such laws across the continent has never been more urgent. Countries including Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, […]
Peach Payments is pleased to announce that it has set up an office in Mauritius recently in pursuit of its pan-African expansion strategy. As a FinTech start-up that was set up in South Africa in 2012 and expanded into Kenya in 2018, the company is set to make a significant contribution to the pan-African FinTech landscape […]
The Republic of Mauritius’ First Female President, Her Excellency, Dr Ameenah Gurib-Fakim, Former Justice of the Constitutional Court of South Africa, Justice Yvonne Mokgoro, Mrs Patricia Obozuwa, Vice President of Coca Cola, join ImpactHER’s Executive Wise Counsel. First female President of Mauritius, Her Excellency; Dr Ameenah Gurib-Fakim, Vice President, Government Affairs, Communications & Sustainability […]
A major new study launched today shines a light on the millions of jobs and multibillion dollar GDP created for mainland Africa due to Mauritius’ role as a leading International Financial Centre (IFC). The study argues that the Republic of Mauritius is poised to play a critical role in supporting Africa’s progress towards achieving the […]
With the growth of economies across Africa, competition law has remained one of the key drivers for effective market participation, consumer protection and fair business practices. However, the global pandemic introduced new challenges for competition authorities in Africa and abroad, with each enforcer pursuing the most beneficial enforcement method for its national or regional jurisdiction. […]
Transformative tech and social innovation expert N’Gunu Tiny talks about how social entrepreneurship helps communities in Africa. N’Gunu Tiny, Founder and Executive Chairman of the Emerald Group, is an expert in transformative tech and social innovation. His book Impacting Lives will be published in Fall 2021. Before the pandemic, Africa was surging ahead with local and national […]
Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free […]
Dealmaking activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value when compared to 2019. According to Baker McKenzie’s analysis of Refinitiv data, M&A transactions dropped in SSA in H2 […]
The European Union and five countries in Eastern and Southern Africa – Comoros, Madagascar, Mauritius, Seychelles and Zimbabwe – have started negotiations on deepening their Economic Partnership Agreement. Stakeholders in these countries, including business and civil society, can contribute to this process. One way to contribute is via an independent study launched by the European […]
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Broll Property Intel releases a COVID-19 Africa Report; an overview of the status-quo of the retail, office and industrial property market as at 30 June 2020. Commercial property e-auctions have revolutionised the commercial property market
As African governments continue to grapple with the impacts created by the coronavirus pandemic, the need to emerge from this difficult period puts pressure on businesses and industries to strengthen their recovery and swing dismal GDP figures. Experiences vary, dependent on lockdown restrictions, which are aligned to the ever-changing number of casualties and recoveries of […]
Lerisha Naidu, Partner, Sphesihle Nxumalo, Associate, and Thato Mkhize, Candidate Attorney, Competition and Antitrust Practice, Baker McKenzie, Johannesburg The substantial increase in confirmed COVID-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent, who have expressed concerns over sudden price hikes of healthcare and hygiene products […]
The Sub-Saharan Africa market may seem daunting and complex for the first – time investor or developer. Added to this is the era of prolific fake news, misperceptions and conflicting reports. So how does an investor or developer interested in pursuing investments in this market, make an informed and strategically sound decision? Broll Property Intel’s […]
Mauritius based Rushmore Business School sets its sight on expansion into East Africa with its offer of quality British degree programmes delivered on the African continent The influential magazine Foreign Policy published an article at the end of 2018 entitled The Brexit Fueled Death of the British University (https://bit.ly/2Ghc4Jj). A grim outlook for the British […]
Abuja, Nigeria AfriLabs, the largest pan-African network of technology and innovation centres, has admitted 27 new hubs into her network, extending her reach into 6 new countries and 12 new cities. The new countries are Guinea, Mauritius, South Sudan, Libya, Tunisia and Botswana. This brings her membership to a total of 158 Hubs in 45 […]
Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought in order to kick-start direly needed infrastructure projects. At the centre of it all is China, which is providing alternative […]
Businesses in south-east African countries are focusing on boosting customer experience. In particular, modernizing the customer contact center infrastructure has become a priority which has led to the growth of these regional enterprises. They are now considered to be closely catching up to other similar international organizations, a statistic backed by Genesys, an omnichannel customer […]
The promoter of the transaction is Trimetys through its subsidiary, Cap Tamarin Ltée, a Mauritian-based diversified real-estate, hospitality, education and agricultural group led by Kian Jhuboo and Georges Talbotier Vantage Capital (www.VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced that it has provided $10 million of mezzanine funding to Cap Tamarin, a mixed-used, residentially-focused “Smart & […]
South African hotel room revenue is expected to expand to R21.8 billion in 2022, up 5.6%, compounded annually, from R16.6 billion in 2017 Africa’s hotel sector has the potential for further growth over the next five years. An increase in the number of foreign and domestic travellers, as well as an expansion in a number […]
Investors and developers are taking a more informed approach”- Leonard Michau, Broll Property Group. 2018 has introduced more depth in Africa’s real estate markets” – Bronwyn Corbett, Grit We are seeing growing consumerism in Africa”- Gerard Zeelie, Standard Bank Entrenched as the must attend and largest property gathering for senior African property investors, developers and […]