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7 African countries by crypto holders
24/12/2025

7 African countries by crypto holders

Africa’s crypto economy is booming as inflation and weak currencies push millions to use digital assets for savings, remittances and daily payments.

Inside Talanta Sports City: Kenya $344.5 million stadium for AFCON 2027
24/12/2025

Inside Talanta Sports City: Kenya $344.5 million stadium for AFCON 2027

Kenya’s $344.5 million Talanta Sports City stadium, set for AFCON 2027, boosts East Africa’s sports infrastructure and global profile.

Standard Bank leads Africa with the continent’s largest branch network
23/12/2025

Standard Bank leads Africa with the continent’s largest branch network

Standard Bank, Africa’s biggest lender, operates the continent’s largest branch network, anchoring trade finance, infrastructure funding and retail banking.

10 luxury hotels in Seychelles
12/11/2025

10 luxury hotels in Seychelles

Seychelles’ most luxurious resorts, sustainability meets serenity, offering barefoot opulence amid turquoise waters and tropical beauty.

Lion Sands River Lodge offers private helicopter safaris over sabi sand
16/10/2025

Lion Sands River Lodge offers private helicopter safaris over sabi sand

Experience Lion Sands River Lodge, where private helicopter flights meet wild beauty along South Africa’s Sabie River.

New Mauritius Hotels (Beachcomber Resorts & Hotels Group)Today marks Day 22 in our 100-day review of African businesses....
06/10/2025

New Mauritius Hotels (Beachcomber Resorts & Hotels Group)

Today marks Day 22 in our 100-day review of African businesses.
The spotlight turns to New Mauritius Hotels Ltd (NMH), the company behind the Beachcomber Resorts & Hotels brand, a name synonymous with luxury hospitality and the evolution of Mauritius as a world-class destination.

1. Inception

Founded in the1952 and listed on the Stock Exchange of Mauritius, NMH stands today as the island nation’s largest hotel group, with a footprint that stretches beyond its shores to the Seychelles and Morocco.

2. From island pioneer to regional hospitality leader

New Mauritius Hotels began as one of the early pioneers of the Mauritian tourism industry, long before the island became a global luxury hotspot. Over the decades, it has expanded into a diversified hospitality group, operating several high-end resorts, including the flagship Royal Palm Beachcomber Luxury, and running tour operating, catering, and travel service arms.
Through its Beachcomber brand, NMH helped define the modern Mauritian resort experience, blending tropical elegance with sustainable practices and local artistry.

3. Financial performance and market standing

After a strong post-pandemic recovery, NMH entered 2025 on a firm footing.
Revenue rose by roughly 10 percent to MUR16.9 billion ($372.81 million), maintaining a robust EBITDA of around MUR4.8 billion ($105.89 million).

While profit margins have tightened, the group’s balance sheet remains healthy, backed by prime real estate assets and resilient international demand.
NMH’s share price on the Mauritius Stock Exchange (SEM) has reflected investor confidence with a valuation of MUR7.7 billion ($169.88 million).

4. Strategy and bigger picture
The company continues to focus on premium leisure travel, digital transformation, and sustainability, areas that have become vital to attracting high-value guests.

As Mauritius cements its position as a financial and tourism hub, NMH remains a symbol of the island’s soft power, exporting not just a brand but an identity rooted in service, culture, and natural beauty.

Read more about the Mauritian hospitality group here 👇🏿

New Mauritius Hotels posts $36 million profit as assets near $1 billion amid cost pressures and steady tourist arrivals.

25/09/2025

Inside Kapama River Lodge, South Africa’s premier safari retreat

17/09/2025

Nampak’s $25 million Zimbabwe unit sale to TSL collapses

Oil mogul Gabriel Ogbechie’s Rainoil receives 45,000MT tanker to boost logistics
21/08/2025

Oil mogul Gabriel Ogbechie’s Rainoil receives 45,000MT tanker to boost logistics

Rainoil boosts logistics with 45,000MT tanker MT Princess Oge, reinforcing energy security across Nigeria’s downstream sector.

Standard Bank Malawi tops the Malawi Stock Exchange as the most valuable stock
21/08/2025

Standard Bank Malawi tops the Malawi Stock Exchange as the most valuable stock

Standard Bank Malawi tops MSE with $3.33 billion value, driving strong profit growth on loans, digital banking, and trade finance.

Deneb Investments unit to sell Durban industrial park for $9.6 million
20/08/2025

Deneb Investments unit to sell Durban industrial park for $9.6 million

Deneb unit Sargas to sell Mobeni Industrial Park in Durban for $9.6 million, with proceeds set to cut debt.

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