Investor's Mag

Investor's Mag Investor's Mag is a Mauritian Media platform focused on business and financial news.

Investor’s Mag is a Mauritius printed magazine and website focused on delivering unbiased financial, business, investing, technology, entrepreneurship and leadership news that are shaping the world. Investor’s Mag is published by AFM Media Ltd (AFM), which also produces round the clock Mauritius local news platform www.afm.media

Mauritius Exchange sees Listings shift as Trading stays ThinPSG Financial Services will withdraw its shares from the Sto...
28/08/2026

Mauritius Exchange sees Listings shift as Trading stays Thin

PSG Financial Services will withdraw its shares from the Stock Exchange of Mauritius after trading closes on August 31, becoming the latest company to leave the Official . The move comes as the island’s listed market navigates a mix of new admissions, corporate restructurings, subdued trading activity and uneven investment returns.

Spotlight:
Mauritius secures five-year Supply arrangement with
and establish Diplomatic Relations
FSC Mauritius and UAE Regulator sign Capital-Markets Cooperation Agreement
African Credit Rating Agency to launch in Mauritius in October
Mauritius’ Gap widens as Imports outpace Exports
Foreign return to Net Buying on the SEM
Bridge Moris launches Platform to connect Mauritian with Local organisations
Necker Finance Mauritius completes acquisition of Lac Leman Investment Management
Fidence Group acquires Mauritius-based MITCO
Bhunjun enters Mauritius Fuel retail market with Fillin
Mauritian healthtech TIBOK targets regional expansion after local launch
Standard Bank Mauritius wins two Euromoney Awards for second consecutive year
Plastic Horizon Forum calls for stronger Regional Action on Plastic Pollution
XPENG opens dedicated Showroom in Mauritius as Axess expands Electric Vehicle offering

PSG Financial Services will withdraw its shares from the Stock Exchange of Mauritius after trading closes on August 31, becoming the latest company to leave the Official Market. The move comes as...

The Productivity ParadoxOutput per is rising in , but the story is becoming more complex. costs are increasing fa...
14/08/2026

The Productivity Paradox
Output per is rising in , but the story is becoming more complex. costs are increasing faster in parts of the , while some of the strongest productivity gains are emerging in industries employing fewer people.

Spotlight:
Mauritius Earnings rise 18% in first half of 2026
strengthens in July after Months of Depreciation
Mauritius moves to ratify Treaty Protocol after Investor concerns
Mauritius firms weigh Gains against and Costs
Mauritius Telecom receives TP-Link award for Smart WiFi Mesh
AFG Capital advises Gabon on $920 million International Bond Issue
Middlesex Mauritius hosts 24-hour Google Gemma
ER Hospitality employees to stage first Tourism Market in Bel Ombre
Mont Choisy Le Golf to host 10th AfrAsia Bank Mauritius Open in December
ABC Automobile launches Leapmotor B10 in Mauritius from Rs 1.88 million
Small Step Matters marks 10 years after raising Rs 37 million for 186 projects
Necker Finance Mauritius appoints Guillaume Passebecq as CEO
Absa Mauritius certifies second Wealth Academy cohort

Markets
SBM Holdings first-half Profit falls 7.6% as Credit-Loss charges and Taxes rise
Cim Financial Services Profit flat at Rs 888.5m as impairment charges rise
MUA first-half Profit rises 48% as Mauritius operations offset East Africa losses
Gamma Civic operating Profit rises 22% as Lottery business offsets contracting weakness
Kolos Cement first-half Profit rises 11% despite higher Tax Charge
Lottotech first-half Profit rises 58% to Rs 106 million
Automatic Systems quarterly Profit rises as Horse Racing resumes
Lavastone nine-month Profit rises 1.9% as Rental Income increases
Emtel first-half Operating Profit rises as revenue reaches Rs 2.14 billion
Quality Beverages first-half Profit falls 61% as margins come Under Pressure

Output per worker is rising in Mauritius, but the productivity story is becoming more complex. Labour costs are increasing faster in parts of the economy, while some of the strongest productivity...

Investor's Mag 36th EditionMauritius is shaping the architecture of its next —where , and long-term will determine...
03/08/2026

Investor's Mag 36th Edition
Mauritius is shaping the architecture of its next —where , and long-term will determine the country's future competitiveness. 🇲🇺🌍

💼 Cover Story | Accenture - The Hard Part of AI
Under the leadership of Shalini Jugessur Sumputh, Accenture explores what lies beneath the conversation: legacy systems, fragmented data, , legal responsibility and workforce transformation.

Featuring insights from:
• Shalini Jugessur Sumputh — The future belongs to reinventors.
• Christophe Wan Ching Yee — You cannot buy your way out of a data-culture problem.
• Billy Li Hing Duen — Innovation and compliance are not mutually exclusive.
• Chrystel L'Eveille — The most successful AI use cases are not necessarily the most complex.
• Bishan Kumar Madhoo — Adding more technology does not always make things simpler.
• Dr Riyad Ameerudden — Why the next industrial transformation cannot be achieved through gradual improvements alone.

🤖 AI Dossier | From Turing to the Human Test
Perspectives from Diya Nababsing-Jetshan (IBL Together), Sudheer Prabhu (Cim Finance), Eugenia Mikyliak (B2PRIME Group), Lee Zeinzinger (Lima Capital), Julien Guillot-Sestier (Eqxia) and Julian Jordaan (365 Digital) on AI accountability, enterprise readiness, strategy, marketing and the future of work.

💰 Dossier | Rising Fortunes, Uneven Ground
As private wealth continues to grow, Investor's Mag examines diversification, succession planning and long-term capital preservation with Guy Ah Hang (MCB Private Wealth Management), Sunil Ramgobin (Bank One), Kavissen Senivassen (DMH Associates), Diana Badal (Omnia Wealth) and Sandhya Ramasawmy (ABC Banking).

🌍 , Investment &
Featuring Sitoyo Lopokoiyit (Absa Group), Narvika Seetahul (MCB), Stéphanie Antoine (Great Place To Work® Mauritius) and John P***l (Grubmates) on African banking, , leadership and .

From AI and digital transformation to wealth creation, banking and leadership, the 36th Edition brings together perspectives from the people helping shape the future of business in Mauritius and beyond.

Mauritius is shaping the architecture of its next economy—where artificial intelligence, private capital and long-term investment will determine the country's future competitiveness. Under the leadership of Shalini Jugessur Sumputh, Accenture...

IMF sees Mauritius Growth slowing to 2.8% as Debt remains near 88%The International Monetary Fund’s 2026 Article IV asse...
17/07/2026

IMF sees Mauritius Growth slowing to 2.8% as Debt remains near 88%

The International Monetary Fund’s 2026 Article IV assessment paints a more challenging outlook for the , forecasting growth to moderate to 2.8% while remains close to 88% of GDP.

Following the post-pandemic rebound, the believes is entering a period of slower growth, firmer and tighter constraints. The Fund is calling for stronger fiscal consolidation, further pension reforms and enhanced safeguards around the Bank of Mauritius to strengthen stability and address mounting external and inflationary pressures.

Spotlight:
Mauritius Consumer Prices rise 2.4% in Second Quarter as , Bread and Costs climb
Mauritius Home Prices edge Higher as Residential Building Activity outpaces the wider Construction Sector
MCB Microfinance disburses more than Rs 2.2 Billion to over 10 Years
ER Group targets 28% of Revenue from Overseas Markets by 2029
365 Digital named Google Ads Sales Representative for Mauritius and Three Regional Markets
Axess launches Ford Territory SUV in Mauritius at Rs 2.1 Million
LUX* South Ari Atoll recognised in Three Travel + Leisure Award Categories
2X Global to hold First Mauritius Convening on
Alteo Property launches 98-Unit Residential Phase at Anahita Beau Champ
Agriterra sets Global Speciality- Ambition after Cane Operations Rebrand
Mauritius hosts 150 Leaders at CCT Africa 2026
Middlesex University Mauritius awards Degrees to more than 500 Graduates
Eagle Insurance partners with Discovery Health on International Medical Cover
Ashfaaq Aboobaker, Head of Investments at Stewards Investment Capital: “Capital has to be Accountable for its Moral Footprint”

The International Monetary Fund’s 2026 Article IV assessment paints a more challenging outlook for the Mauritian economy, forecasting growth to moderate to 2.8% while public debt remains close to...

AVA Technopark inaugurated as Mauritius seeks to build MedTech IndustryMauritius has taken another step towards diversif...
10/07/2026

AVA Technopark inaugurated as Mauritius seeks to build MedTech Industry

Mauritius has taken another step towards diversifying its base with the inauguration of AVA Technopark, the country’s first dedicated to device manufacturing.

Located at Côte d’Or, the facility represents an ambition to position within the growing value chain, attracting , supporting advanced manufacturing capabilities and creating new opportunities in innovation.

The development comes as the country looks beyond traditional growth sectors and seeks to strengthen its role in high-value industries driven by technology, skills and innovation.

Spotlight:
Mauritius Year-on-Year slows to 3.7% in June
depreciates 3.1% since start of year, MERI Data show
Mauritius Reserves rise to Rs 523.1 Billion in June
Mauritius Tourist Arrivals rise 1.5% in First Half as June falls 8.4%
Ministry says 16 of 19 Measures have been completed
Mauritius Finance says Higher FSC Fees could raise Cost Pressure on Sector
Caña expands Mon Rocher Club as gains ground in Mauritius
GoodMorningHR Academy to hold Training Events for Mauritian Businesses
MCB lifts Envelope to Rs 25 Billion
MCB Group issues 2.1 Million New Ordinary Shares Under Scrip Dividend and Preference Share Conversion
Mauritius Telecom launches National
St. George’s University hosts Clinical Anatomy Masterclass to advance Continuing Professional Development in Mauritius
ACES Renewables targets US$50 Million Equity Raise as Projects advance toward Financial Close

Mauritius has taken another step towards diversifying its economic base with the inauguration of AVA Technopark, the country’s first technology park dedicated to medical device manufacturing.

Mauritius keeps 2026 Growth Forecast at 3% as Public Investment offsets Softer Private Demand is expected to expand by ...
03/07/2026

Mauritius keeps 2026 Growth Forecast at 3% as Public Investment offsets Softer Private Demand

is expected to expand by 3.0% in 2026, following growth of 3.2% in 2025, as increased and resilient performance across , , retail and -related activities help cushion softer private-sector demand.

While the outlook remains positive, weaker , a contraction in and lower goods exports continue to weigh on the , highlighting the importance of sustaining investment momentum and strengthening long-term competitiveness.

Spotlight:
Mauritius Offence Rate edges Higher in 2025 as Drugs, Assaults and Traffic Cases rise
Mauritius Prices rise 5.7% in First Quarter as Terms of Trade improve Year on Year
Mobile Transactions reached Rs 32 Billion
Foreign record Rs 1.6 Billion in Net Sales on the SEM Official Market
Rogers Capital Budget Breakfast reviews Mauritius’ 2026–2027 Fiscal Roadmap
Mauritius Finance Panel flags Competitiveness and Ex*****on after Budget 2026–2027
AMM kicks off First ERVI Cohort to support Mauritian Firms’ International Expansion
Mauritius Telecom Revenue hits Record Rs 13.5 Billion as Profit holds above Rs 1 Billion
ER Group launches Sustainable Finance Framework to guide Future Bond Issues
MIoD brings BCG into WE-CONNECT as Boards face , Talent and Shifts
NMH signs Agreement to acquire Zuri Zanzibar for about $79 Million
UBP considers Rs 510 Million Property Sale to Related Party Bloomage
BCP Bank Mauritius opens New Headquarters in ’s District
Spiro closes $270 Million Funding Round as Platform draws New Chinese Backing
216 Capital backs Tunisia’s RoboCare to expand Precision Platform
Morocco’s Agenz raises $5 Million to transform its Platform into Financial Infrastructure

Mauritius is expected to expand by 3.0% in 2026, following growth of 3.2% in 2025, as increased public investment and resilient performance across financial services, transport, retail and tourism-related activities help cushion softer private-sector demand.

Ramgoolam bets on , and New Sectors to revamp Mauritius’ The 2026/27 Budget signals a strategic shift in Mauritius’ ...
22/06/2026

Ramgoolam bets on , and New Sectors to revamp Mauritius’

The 2026/27 Budget signals a strategic shift in Mauritius’ growth model. Beyond the traditional pillars of , , public spending and , the government is placing its bets on , innovation, advanced manufacturing, port logistics, the , renewable and higher-value tourism.

The ambition is clear: diversify the economy, strengthen resilience, attract new investment and position Mauritius for the next phase of global economic transformation. Whether these ambitions translate into tangible results will depend largely on ex*****on, policy consistency and private-sector participation.

Spotlight
The Lux Collective opens First Rwanda Properties in African Expansion Push
Governor says Banks must Balance Innovation, Risk and Trust
Mauritius Institute of Directors brings Climate Governance Debate to Workers and Communities
African Export Import Bank - Afreximbank says Africa’s Trade Rebound faces Test from Geopolitics

Budget 2026/27 Reactions
AXYS points to a Fiscal Reset, but Mauritius’ Deeper Economic Strains Remain
Arnaud Lagesse, President of Business Mauritius: “Several Announcements Respond to Structural Requests from the Business Community”
Mauritius Finance flags Budget Gains, but warns on IFC Competitiveness
AHRIM says Budget sets Foundations for Tourism Reinvention
AMM says Budget backs Food Security and Local Industry, while Manufacturers flag Cost Pressures
PwC Mauritius's Leung Shing says Mauritius Budget faces its Real Test in Ex*****on
EY Mauritius: Lincoln calls Mauritius Budget Prudent as Owodally flags Tax Questions
Deloitte Budget Alert frames 2026/27 Plan as Responsible Consolidation
Désiré Lan, Country Managing Partner of KPMG Mauritius: “Ex*****on will Determine the Outcome”
Andersen in Mauritius Partner warns Budget Discipline may come at a Competitiveness Cost
Trident Trust Mauritius Head says Budget can unlock Growth if Reforms move from Paper to Investment

The 2026/27 Budget signals a strategic shift in Mauritius’ growth model. Beyond the traditional pillars of tourism, real estate, public spending and financial services, the government is placing its bets on artificial intelligence, innovation, advanced manufacturing, port logistics, the blue econo...

Indian Ocean Economies face a Costlier World as War hits Tourism, Fuel and DebtA new external shock is testing the resil...
12/06/2026

Indian Ocean Economies face a Costlier World as War hits Tourism, Fuel and Debt

A new external shock is testing the resilience of economies. According to MCB Research’s latest Indian Ocean Outlook, , , and face a common challenge: navigating rising costs, higher rates, uncertainty and tighter financing conditions in an increasingly volatile global environment.

While each economy has its own structure and growth drivers, all remain exposed to imported fuel and food, tourism cycles, external financing needs and the growing costs of climate vulnerability. The escalation of conflict in the Middle East has added fresh pressure, disrupting energy markets, aviation routes and long-haul travel demand at a time when many countries are still rebuilding fiscal buffers.

Spotlight
Vincent Ah-Chuen, ABC Group Builder and Mauritian Business Figure, dies at 81
Tourist Arrivals rise 3.2% in the First Five Months of the Year
Trade Pact pushes Indian Ocean States beyond Goods
Absa Bank Mauritius launches and in Digital Payments Expansion
MIoD puts Digital Infrastructure Governance on Boardroom Agenda
Cim Finance certified Great Place To Work
Lucie Gendronneau wins Constance Mauritius Ladies Open
The Lux Collective enters Rwanda through Ultra-Luxury Tourism Circuit
Attitude wins ESG Award in Zanzibar Months after East Africa Debut
Suleiman Mohammed, Chairman of the Zanzibar Association of Tourism Investors (ZATI): “Zanzibar does not need copy-paste tourism”

A new external shock is testing the resilience of Indian Ocean economies. According to MCB Research’s latest Indian Ocean Economic Outlook, Mauritius, Madagascar, Seychelles and Maldives face a common challenge: navigating rising energy costs, higher freight rates, tourism uncertainty and tighter ...

continued its recovery in the first quarter of 2026, with visitor arrivals rising 6.8% year-on-year to 348,445. More n...
05/06/2026

continued its recovery in the first quarter of 2026, with visitor arrivals rising 6.8% year-on-year to 348,445. More notably, tourism earnings outpaced visitor growth, highlighting the sector’s ability to generate greater value alongside higher arrivals. The latest figures place arrivals above first-quarter 2024 levels, reinforcing tourism’s role as a key pillar of activity amid a changing global environment.

Spotlight:
Government says Rs 500 Million still Outstanding from Silver Bank Investment
Air Mauritius not seeking Strategic Partner, Prime Minister says
Automatic Systems challenges MRA Betting Tax Assessments for 2012-2021
Macbeth Architects marks 40 Years in Mauritius with Relaunch
AMM Expert Session puts Talent Retention and Workplace Wellbeing at Centre of Mauritian Business Agenda
Absa Group Chief Executive Kenny Fihla to visit Mauritius as Bank Highlights Island’s Africa Role
Africa’s Trade Map tilts East as Confidence Recovers
Axess introduces XPENG to Mauritius as Market broadens
Natanielle Chandoo | Business Development Manager & Location Manager | Vivea Business Park: “Companies no longer want to pay for Office Space they don’t fully use”

Tourism continued its recovery in the first quarter of 2026, with visitor arrivals rising 6.8% year-on-year to 348,445. More notably, tourism earnings outpaced visitor growth, highlighting the sector’s ability to generate greater value alongside higher arrivals. The latest figures place arrivals a...

Mauritius’ merchandise imbalance widened to Rs 211.3 billion in 2025, underlining the structural pressures of an -dri...
29/05/2026

Mauritius’ merchandise imbalance widened to Rs 211.3 billion in 2025, underlining the structural pressures of an -driven still heavily dependent on , food, machinery and consumer goods from abroad. While the trade deficit narrowed slightly in the first quarter of 2026, the improvement reflected a sharper fall in imports rather than a meaningful rebound in competitiveness — highlighting the ongoing challenge of diversifying the island’s export base and strengthening external resilience.

Spotlight:
The Time Lag behind Mauritius’ Rate Hike Debate
Bank of Mauritius reports Rs 83 Billion Money Printing Allegation to Central CID
Mauritius seen exceeding Budget Estimate for 2025-2026
Producer Prices fall 0.4% as Vegetable Prices drop in March
Cim Finance launches MoPay Plus for Higher-Value Purchases
Abler Group brings Public and Private Sectors together ahead of Mauritius’ 2027 ESAAMLG Review
MCB announces $1 Billion Trade-Finance Envelope for African Markets
QBL Profit falls Sharply in First Quarter as Costs weigh on Margins
Miwa Sugar lifts Nine-Month Profit, with Operations in Tanzania and Kenya
ABC Motors’ Nine-Month Profit narrows
Constance Mauritius Ladies Open to bring 120 Amateur Golfers to Belle Mare
Absa Group names Leon Barnard as Pan-Africa Business Banking Chief Executive
Moka Rangers Sports Club opens New Facilities at La Promenade
Blast named Africa Agency of the Year 2026 by PRovoke Media
MIoD Forum puts Risk Governance Under Scrutiny as Global Uncertainty builds

Mauritius’ merchandise trade imbalance widened to Rs 211.3 billion in 2025, underlining the structural pressures of an import-driven economy still heavily dependent on fuel, food, machinery and consumer goods from abroad. While the trade deficit narrowed slightly in the first quarter of 2026, the ...

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