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Lifestyle | Your Money

Le CEB exhorte le public à faire preuve de vigilance

Le CEB exhorte le public à faire preuve de vigilance

Nouvelle défaillance dans la fourniture d’électricité : trois moteurs sont de nouveau hors service, dont deux à la centrale thermique de Savanah, et un à Fort George. Le Central Electricity Board se retrouve, une fois de plus, dans une situation délicate.

1 month, 1 week ago

Excise tax increase: cigarette and cigarillo prices revised from this Friday

Excise tax increase: cigarette and cigarillo prices revised from this Friday

Following the announcement by Prime Minister and Minister of Finance, Dr. Navin Ramgoolam, of a 10% increase in excise duties on tobacco products in the 2025-2026 Budget, the sector's main distributors have announced their new rates.

5 months, 2 weeks ago

MCB ATMs Experiencing Nationwide Outage

MCB ATMs Experiencing Nationwide Outage

Since the morning of Tuesday, May 20, Mauritius Commercial Bank (MCB) ATMs have been experiencing a technical issue.

6 months ago

Monetary Policy Committee: The key rate increases from 4% to 4.50%

Monetary Policy Committee: The key rate increases from 4% to 4.50%

The policy rate increases by 50 basis points, from 4% to 4.50%. Speaking to the press on Tuesday 4 February, the Chairman of the Monetary Policy Committee (MPC) of the Bank of Mauritius (BoM) and Governor of the BoM, Rama Sithanen, surrounded by his two deputies, Rajeev Hasnah and Gérard Sanspeur, discussed the reasons for this increase.

9 months, 2 weeks ago

The 14th month will be paid in two installments for salaries up to Rs 50,000, and the salary compensation has been set at Rs 610

The 14th month will be paid in two installments for salaries up to Rs 50,000, …

The Special Allowance Bill also provides for the payment of a 14th month for pensioners.

11 months, 1 week ago

End-of-year bonus: employees must receive a minimum of 75% of this amount by December 18 at the latest.

End-of-year bonus: employees must receive a minimum of 75% of this amount by December 18 …

Haniff Peerun recommends toughening the law to punish employers who fail to meet their obligations.

11 months, 2 weeks ago

BoM declares war on money laundering

BoM declares war on money laundering

The new Rs 100, Rs 200 and Rs 1,000 notes that will come into circulation are an attempt to reverse the trend that is generated by the parallel economy, it is acknowledged in circles close to the Bank of Mauritius (BoM).

11 months, 3 weeks ago

New Rs 100, Rs 200 and Rs 1,000 banknotes have been put into circulation by the Bank of Mauritius

New Rs 100, Rs 200 and Rs 1,000 banknotes have been put into circulation by …

New Rs 100, Rs 200 and Rs 1,000 banknotes were put into circulation by the Bank of Mauritius (BoM) on Monday, December 2.

11 months, 3 weeks ago

Salary Adjustment: The “Remuneration Regulations” again “gazetted” under a different section of the law

Salary Adjustment: The “Remuneration Regulations” again “gazetted” under a different section of the law

The Remuneration Regulations were gazetted once again on Tuesday evening under a different section of the Act. According to the Ministry of Labour, this move is aimed at clearing up any confusion. The change came shortly after Business Mauritius raised concerns over the legality of the Remuneration Orders (ROs).

1 year, 1 month ago

The Ministry of Labor is keeping a close eye on the payment of salary revisions at the end of September.

The Ministry of Labor is keeping a close eye on the payment of salary revisions …

Employers will have to make a first payment of salary revisions by the end of September, as required by law, stresses Maryaven Carramben.

1 year, 1 month ago

Uncertainty persists over payment of salary adjustments for end of September

Uncertainty persists over payment of salary adjustments for end of September

The payment of salary adjustments, expected to be between Rs 600 and Rs 3,400 for the end of September, remains uncertain.

1 year, 2 months ago

Several private companies will not adjust salary this month

Several private companies will not adjust salary this month

Despite government directives, several private companies will not proceed with salary adjustments for their employees this month. Le syndicaliste Narendra Gopee accuse le ministre du Travail d’avoir créé de la confusion.

1 year, 2 months ago

The readjustment of salary relativity: Discover the new salary scale

The readjustment of salary relativity: Discover the new salary scale

The salary relativity readjustment, effective from July 1, 2024, brings significant changes to the salary scales in the public and private sectors.

1 year, 3 months ago

Delay in implementing salary readjustment creates tension in workplaces

Delay in implementing salary readjustment creates tension in workplaces

The report on salary relativity stays at Ministry of Labor: the ability of companies to pay poses a problem

1 year, 5 months ago

SIM cards will not be deactivated this Tuesday, May 14 at 00:01

SIM cards will not be deactivated this Tuesday, May 14 at 00:01

No Sim card will be deactivated before trial ends, orders Supreme Court

1 year, 6 months ago

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