By the AFREEQUE newsroom, based on Defimedia
Inflation in Mauritius could reach 5% by December 2026, after 5.7% year-on-year in September, according to SBM Insights and Statistics Mauritius. The rise is attributed notably to maritime freight, fuel, international tensions and tax measures, reports Defi Media.
Mauritian economist Ishvind Caleechurn estimates that inflation in Mauritius could reach 5.6% in 2026, above official forecasts close to 5%. He links the risk to the depreciation of the rupee, import costs and high oil prices, in an interview with Defi Media.
🇲🇺 Mauritius · Source: Defimedia ·
Mauritian President Dharam Gokhool called for peace and social harmony at the 2026 Divali Mahotsav in Phoenix. Mauritius Sanathan Dharma Temples Federation president Bhojraj Ghoorbin also urged communities to reject recent tensions, reports Defimedia.
🇲🇺 Mauritius · Source: Defimedia ·
Residents of Nouvelle-Découverte, Mauritius, mobilised on 30 October to demand fairer access to water, despite every-other-day distribution measures. They notably want water tankers and connection to the Eau-Bouillie network, reports Defi Media.
🇲🇺 Mauritius · Source: Defimedia ·
The board of Cargo Handling Corporation Ltd has proposed a monthly extension of the contract of its managing director Gassen Dorsamy, which expires on 11 December 2026. Dorsamy, currently in China, is expected to decide on the proposal upon his return, according to Defi Media.
🇲🇺 Mauritius · Source: Defimedia ·
Mauritius investigates water tank scheme surchargesThe Mauritian government and the Development Bank of Mauritius will refer suppliers under the water tank and pump grant scheme to the Competition Commission. The aid, capped at 15,000 Mauritian rupees, sometimes comes with surcharges of 2,000 to 6,000 rupees, while some companies have suspended new applications, according to ION News.
Quickmart IPO oversubscribed by 3.4 billion shillingsQuickmart’s IPO exceeds the planned subscription by 3.4 billion Kenyan shillings, driven by foreign investor interest. The offer follows its launch on 6 October in Nairobi, according to Business Daily Africa.The week in Africa
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