Etymologically, the word “sugar” has its roots in the word “arquera,” which means “sand “in Sanskrit, one of the first known languages. This term has transformed into the word sugar in all Indo-European languages: sacquerons in Greek; in Latin, saccharin; sugar in English; in German, zucker; zucchero in Italian; in Arabic, sukkar; and azucar in […]

Sugar is one of the most commonly used commodities in the world, and countries with suitable climates located in the tropics are some of the largest producers of it. The history of this particular island in the tropics has been bound by the epic story of sugar for 300 years. Yet over 1000 years ago, […]

Mauritius has signed various international trade agreements that provide preferential access to key markets. The Common Market for Eastern and Southern Africa (COMESA) Free Trade Area (FTA) was established in October 2000 with nine African member states initially. There are now 16 member states trading on a duty-free and quota-free basis, consisting of the following […]

Information and communication technology (ICT) has become one of the main pillars of the Mauritian economy, and Mauritius continues to aspire to be a ‘Cyber Island’. The government aims to position the republic as a leading ICT destination and a model on the African continent.  Part of realising this goal has been the modernisation of […]

The Mauritius Freeport has established the republic as a prominent regional centre for trade, logistics, value-added services, and distribution. Situated strategically in the Indian Ocean, Mauritius now accommodates more than 27,000 global businesses seeking to tap into both regional and international consumer markets. Mauritius Freeport is home to companies involved in regional trade, break bulk […]

There are many incentives in place to encourage foreign investment in Mauritius, and factors that attract investors, in particular the favourable tax regime. Some of these incentives include:

The Mauritian banking industry currently includes 22 banks, 5 of which are local banks, 10 are foreign-owned subsidiaries, 1 is a joint venture, 4 are branches of foreign banks, and 2 are licensed as private banks. The central bank, the Bank of Mauritius, licences these banks to carry out local and international banking business. The […]

Here are some of the factors that make Mauritius an attractive prospect for foreign investors: GDP per capita: approx. USD 9,600 (2016) Moody’s Investors Service: BAA1 (2017) GDP Growth: 3.6% (2016)  Unemployment: 7.9% (2015) Inflation: 1.2% Repo Rate: 4% Convenient time zone (GMT +4) Main Languages: French and English Population The Mauritian population consists of […]

Mauritius is an increasingly attractive prospect for foreign investors, with real estate and financial services being the most popular sectors. According to statistics from the Bank of Mauritius, foreign direct investment (FDI) that inflowed into the Mauritian economy in 2016 saw an increase of 41% compared to the previous year, amounting to MUR 13.6 billion.  […]

The Blue Economy is considered to be a new frontier for Mauritius. The government aims to conserve and make use of the oceans, seas, and marine resources for sustainable development. Mauritius lays claims to an Exclusive Economic Zone (EEZ) of approximately 2 million square kilometres in the South West Indian Ocean. This EEZ still has […]