Thirty three per cent of the FDI came through the Mauritius route, apparently because the investors wanted to take advantage of India s double taxation avoidance treaty with the island nation.
Finance Minister Felix Mutati says the financial market in the country is stable despite what has happened to Inter Market Bank.
First African International Financial Centre: Mauritius Is A CredibleTransparent and Cooperative Financial Hub
The Mauritius International Financial Centre is a jurisdiction of repute and is among the first countries to have signed, in June 2015, ‘The Multilateral Convention on Mutual Administrative Assistance in Tax matters of the Organisation for Economic Cooperation and Development (OECD). This approach translated into action with the objective of the Government of Mauritius to develop the country into an International Financial Centre of repute, substance and excellence.
Air Botswana has indefinitely ceased operating flights between Gaborone and Lusaka, as well as Harare. Air Botswana public relations officer Thabiso Leshoai said the Gaborone-Lusaka flights were terminated on November 13 and Gaborone-Harare flights on November 12. The decision comes as part of a route rationalisation exercise to reduce operational costs on non-profitable routes. The airline will also reduce frequencies on the Gaborone-Kasane route, suspending the Monday flight. This leaves six weekly frequencies.
The role of central banks is so important now that, inevitably, they are being dragged into political controversy, albeit for different reasons.
Buganda kingdom has partnered with the Uganda Investment Authority (UIA) to promote investment in the populous sub-region.
Psychological Manipulation It is being used ubiquitously to control the masses and their perceptions. The goal is to alter the perception; modify the perception and…