Daniel Harold ESSOO Chief Executive OfficerMauritius Bankers Association (MBA) Mr. Essoo is the current Chief Executive Officer of the Mauritius Bankers Association (MBA), the industry association for the Banking sector. He has 15 years’ experience in the financial services industry, in the UK and Mauritius. He currently also serves on the Council of Business Mauritius, […]
Month: April 2019
The AfrAsia Bank Global Wealth Migration Review 2019 says that Global Wealth is accelerating
AfrAsia Bank continues to build on its collaboration with New World Wealth, a leading wealth intelligence company in South Africa, to bring out for the second consecutive year, the AfrAsia Bank Global Wealth Migration Review. This report explores insights gathered on worldwide wealth migration over the past 10 years, with projections for the next […]
New ESAAMLG report underlines Mauritius’ full compliance to FATF recommendations
Fight Against Money Laundering and Terrorist Financing Mauritius continues to be a compliant, secure and safe business and investment destination, as highlighted by the ESAAMLG’s (Eastern and Southern Africa Anti-Money Laundering Group) latest mutual evaluation report. In the document, Mauritius is shown as being largely compliant with respect to the 40 recommendations of the […]
UK tops global ranking for top investment destinations for first time
The UK has been ranked as the top investment destination in the world, knocking the US off the top spot. It is the first time the UK has taken the top spot in the rankings by professional services firm EY in the survey’s 10-year history. In 2018 the UK accounted for 10 per cent […]
CNBC Africa Power Lunch East Africa – The role of MCB in the socio-economic development of Mauritius
The island of Mauritius in recent years has evolved into a full-fledged economic powerhouse. CNBC Africa spoke to Alain Law Min, CEO of the islands longest standing banking institution, Mauritius Commercial Bank to discuss their efforts in contributing to the country’s socio-economic development. Source: CNBCAfrica […]
3rd edition of the Pension Funds and Alternative Investments Africa Conference, a success
In its third year in a row, PIAfrica 2019 offered a solid platform at the Hilton Mauritius Resort & Spa from March 20-21, for pension funds, hedge funds and private equity funds to meet with institutional investors to discuss the latest asset allocation funds, and trends. The conference highlighted possible opportunities in the African […]
Mauritius may be the ideal Plan B
The ‘Singapore of Africa’ offers one of the most progressive investment environments on the continent. Mauritius may just be the best idea for astute investors looking for opportunity and a diversification strategy away from the risks and struggles of the SA market. The island has gained in popularity for South Africans in the […]
Africa’s Varying Standpoints On Blockchain And Cryptocurrencies
Regions such as the EU are set to adopt a unified approach to regulating Cryptocurrencies and Blockchain technology. However, African countries have contrasting standpoints casting doubt of whether the continent will ever achieve consensus to realize economic benefits that are accrued to uniform Digital Tokens and DLT regulations regionally. For instance, reports show […]
FSC Releases Guidance Note on Security Token Offerings
Pundits from around the world have been pining for clarification on regulations pertaining to digital securities. In a recently released document, the Mauritius Financial Services Commission did just that. In this communication, the FSC touched on various issues causing confusion. Here are a few brief highlights. All STOs are subject to be regulated […]
REJOINDER: “India and the renegotiation of its double taxation avoidance agreement with Mauritius: an update”
This rejoinder is in response to an article entitled “India and the renegotiation of its double taxation avoidance agreement with Mauritius: an update,” written by Naomi Fowler, and published on the website of the Tax Justice Network on 4 April 2019, which the Economic Development Board of Mauritius (EDB) deems inaccurate. Firstly, the substantive […]
