The Africa Report sits down with Thierry Vallet, the Founding Executive and Acting CEO of AfrAsia Bank.
of criminality flourishing within Eskom, which CEO Andre de Ruyter claimed when he resigned abruptly on February 23.](https://www.theafricareport.com/291318/eskoms-debt-takeover-marred-by-ceos-explosive-allegations-and-anc-lawsuit/)
A former finance minister of Mauritius has been appointed to a leadership position at Apex Group Ltd, the Bermudian-based global financial services provider ...
Apex said he introduced bold institutional, policy and fiscal reforms that transformed the economy and moved Mauritius from dependence on trade preferences to global competitiveness. Dr Sithanen was chairman and director of International Financial Services between 2011 and 2016 and chairman and director of Sanne Mauritius between 2017 and 2022. Apex companies in Mauritius consist of Apex Financial Services (Mauritius) Ltd, Apex Fund Services (Mauritius) Ltd and Apex Fund and Corporate Services (Mauritius) Ltd.
Press Release - The Minister of Industrial Development, SMEs and Cooperatives, Mr Soomilduth Bholah, participated, on 08 March 2023, in the celebrations of ...
Mr Bholah also recalled that the Cooperative Movement is being modernised and strengthened so as to be more viable. The Mauritius Duty-Free Paradise Cooperative Credit Union, Mr Bholah underlined, has been in existence for nearly 15 years starting with some 68 members to now reach 325 members. On this note, he reiterated Government's fight against money laundering and malpractices within Credit Unions.
Apex Group has appointed Dr. Rama Sithanen as independent director and chairperson of Apex Group companies in Mauritius, effective 31 March.
Sithanen, independent director and chairperson of the Apex Group companies in Mauritius, Apex Group, comments: “I am excited to join Apex Group to oversee their Mauritius businesses. I look forward to contributing to the continued successful delivery of our single source solution to offer our clients a comprehensive range of fund, financial and corporate services.” Apex Group companies in Mauritius are Apex Financial Services (Mauritius) Ltd, Apex Fund Services (Mauritius) Ltd and Apex Fund and Corporate Services (Mauritius) Ltd.
The Chagos Archipelago comprises over 60 islands in the Indian Ocean about 2 000 km north of Mauritius – and only about 1 000 km south of the Maldives. Yet it ...
It’s clear that the interests of Mauritius and the Chagossians don’t entirely align. Uteem suggests India is being roped in as an ally of Mauritius to strengthen its claim against the Maldives on its maritime jurisdiction over the waters around the Chagos islands. And to avoid setting a precedent for similar situations in the Falklands and Gibraltar. Asked if there were significant differences between the interests of Mauritius and those of the Chagossians in this matter, he suggested there was no single Chagossian interest as the community had become so divided. Now London seems to have had a change of heart, though the contents and progress of the negotiations remain secret. [Although] this has been a very strong political and emotional issue, I don’t really see this new generation who have lived in a totally different [world] would want to go back and start from scratch because there is no economic activity at all on the other islands of the archipelago (other than Diego Garcia). Milan Meetarbhan, a constitutional expert and former Mauritian ambassador to the UN who was previously part of Mauritius’s legal team arguing this issue, told ISS Today that there had been no official mention of such a referendum. And Britain obliged – reportedly in exchange for a US$14 million discount on US Polaris missiles – by forcibly removing all the Chagossians to Mauritius, Seychelles and the UK. The International Court of Justice on 25 February 2019 and UN General Assembly Resolution 73/295 were clear that the Chagos Archipelago formed an integral part of the territory of Mauritius. They also want to be financially supported to do so, and to receive reparations for having been deprived of their homeland for over 50 years. Yet it was once part of what was then the British colony of Mauritius – until 1965 when departing Britain, in effect, purchased it from Mauritius just before the latter’s independence in 1968. Britain steadfastly insisted for decades that it was the rightful owner of what it called the British Indian Ocean Territory (BIOT).
Aggrieved Chagossians must be heard in negotiations between the UK and Mauritius about who owns the Chagos Archipelago in the Indian Ocean.
It’s clear that the interests of Mauritius and the Chagossians don’t entirely align. And to avoid setting a precedent for similar situations in the Falklands and Gibraltar. Uteem suggests India is being roped in as an ally of Mauritius to strengthen its claim against the Maldives on its maritime jurisdiction over the waters around the Chagos islands. The putative referendum Uteem refers to may not be the way to seek their opinions. Asked if there were significant differences between the interests of Mauritius and those of the Chagossians in this matter, he suggested that there was no single Chagossian interest as the community had become so divided. There are also differences between Mauritius and the Chagossians over the Diego Garcia issue. Now London seems to have had a change of heart, though the contents and progress of the negotiations remain secret. Aggrieved Chagossians must be heard in negotiations between the UK and Mauritius about who owns the Chagos Archipelago in the Indian Ocean. Milan Meetarbhan, a constitutional expert and former Mauritian ambassador to the UN who was previously part of Mauritius’s legal team arguing this issue, told ISS Today that there had been no official mention of such a referendum. And Britain obliged – reportedly in exchange for a $14-million discount on US Polaris missiles – by forcibly removing all the Chagossians to Mauritius, Seychelles and the UK. Nevertheless he did say that Mauritius was reluctant to use the term “Chagos people” – as HRW very explicitly does in its report – as that implied that the Chagossians had a right to independence. The International Court of Justice on 25 February 2019 and UN General Assembly Resolution 73/295 were clear that the Chagos Archipelago formed an integral part of the territory of Mauritius.