Your Money Mauritius

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.

1 week, 1 day ago

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.

1 week, 3 days ago

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).

2 weeks, 2 days ago

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.

2 weeks, 5 days ago

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).

2 months, 3 weeks ago

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.

2 months, 4 weeks ago

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.

3 months, 2 weeks ago

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.

3 months, 3 weeks ago

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.

4 months ago

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

6 months, 4 weeks ago

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

7 months, 1 week ago

Damaged optical cables… banks down!

The undersea fiber optic cable SAFE was damaged “off the coast of Africa”, according to a press release from Mauritius Telecom issued on Friday. The consequence is that the Internet connection on all floors, in homes and in businesses, is disrupted.

7 months, 4 weeks ago

As of Tuesday morning: 735 requests for ‘Flood Allowance’ addressed to the police

As of Tuesday morning, 735 applications had been registered for Flood Allowance compensation. Figure provided by the Minister of Public Infrastructure during parliamentary proceedings on Tuesday, April 23.

8 months ago

A boom in the number of millionaires expected in Africa in the coming decade

Mauritius, in particular, will record the highest increase, at 95%.