Tag: BAI Group

We must not make sick those who are in relatively good health for the present

The world economy remains in a weak condition. Our opportunities for doing business with the outside world are therefore fairly limited. Nevertheless, the economy has stayed positive in

Interview: Dan Maraye, Former Governor – Bank of Mauritius — ‘The only way the BAI Group could have been salvaged would have been through a form of stimulus

Mauritius finds itself once again publicly in the condition of a place that has harboured some sort of a prolonged “mischief” in a key financial group of the

BAI Group Crisis The crying lessons learnt demand that the financial sector and the regulatory framework be fundamentally overhauled, tightened and manned competently

Two days ago a prominent headline in the British media read as follows: ‘Nina Ricci heiress jailed for hiding millions from tax authorities in Swiss bank.’ There was

For the second week going, our financial sector has tumultuously been at the centre stage of national preoccupations. It began with the revocation of the banking licence of