Search Results for: Mauritius

BY MJ DESCHAMPS

WINNERS

Nike

Multinational sporting goods giant Nike made positive moves to shrug the bad PR associated with low cost sourcing, announcing it was "changing the rules of the game" in May, with a new factory rating system – the Sourcing & Manufacturing Sustainability Index.…

BY WACHIRA KIGOTHI, IN NAIROBI, AND WANG FANGQING, IN SHANGHAI

China’s powerful clothing and textile industry is looking for continued growth in sub-Saharan Africa, whose local manufacturers and brands are worrying about how to deal with the competition.

According to William Gumede, a senior research fellow at the University of Witwatersrand’s school of public and development management in South Africa, Chinese domination of Africa’s textile markets and its industry has promoted significant job losses.…

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

ACCA fellows can be found in many influential positions worldwide and in Africa, they are often the backbone of financial and management best practice, in many jurisdictions. That is certainly the case on the Indian Ocean state of Mauritius, where environment and sustainable development minister and ACCA member Devanand Virahsawmy belongs to the inner circle of prime minister Navin Ramgoolam who secured a second mandate in May 2010 elections.…

BY VILLEN ANGANAN, IN PORT LOUIS, MAURITIUS

Mauritius has developed policies attracting overseas corporations through its growing demand for professional services. It offers job opportunities for foreign qualified professionals as the country is opening its economy.

Opportunities exist for accountants, finance and marketing professionals, investment bankers and risk managers business consultants in a booming financial services sector.…

BY VILLEN ANGANAN, IN PORT LOUIS, MAURITIUS

Mauritius is considered as a newly developing country with a well-diversified economic base. From a sugar-centric economy, at independence in 1968, the archipelago, located off the south-eastern coast of Africa, is positioning itself as an economic regional player.…

BY VILLEN ANGANAN, IN PORT LOUIS, MAURITIUS

Devanand Virahsawmy

*Fellow of the Association of Chartered and Certified Accountants ( FCCA).

*May 2010 to present – Mauritius minister of environment and sustainable development.

*2006-2010 – secretary general, Mauritius Labour Party

*2000 to 2006 – assistant administrative secretary, Mauritius Labour Party

*September 1995 to September 2000 – minister of public infrastructure

*December 1995 to October 1998 – minister of energy and water resources

*1984 to 1995 – chairman- Fuchsia Limited (textiles).…

BY VILLEN ANGANAN, IN BEAU-BASSIN, MAURITIUS

INTERNATIONAL accounting firms are exploring opportunities within Africa, and are using the Indian Ocean island of Mauritius – a regional financial centre – as a stepping stone. All the Big Four: Ernst &Young, PricewaterhouseCoopers (PwC), KPMG and Deloitte are already successfully offering their services to African clients.…

BY VILLEN ANGANAN, IN PORT LOUIS, MAURITIUS

ACCA fellows can be found in many influential positions worldwide. And in Africa, they are often the backbone of financial and management best practice. That is certainly the case on the Indian Ocean state of Mauritius, where environment and sustainable development minister and ACCA member Devanand Virahsawmy, 62, belongs to the inner circle of prime minister Navin Ramgoolam, who secured a second mandate in May 2010 elections.…

BY DAVID HAWORTH, IN BRUSSELS

SOLVING corruption and mismanagement problems in the African extractive industries would be boosted by the mandatory disclosure by companies of tax and revenue payments, a Brussels European Union (EU)-Africa conference on mineral wealth heard yesterday.

The continent’s paradox is that many of its nations are rich in mineral resources yet they remain some of the world’s poorest economies.…

BY DAVID HAWORTH, IN BRUSSELS

SOLVING corruption and mismanagement problems in the African extractive industries would be boosted by the mandatory disclosure by companies of tax and revenue payments, a Brussels European Union (EU)-Africa conference on mineral wealth heard yesterday.

The continent’s paradox is that many of its nations are rich in mineral resources yet they remain some of the world’s poorest economies.…