Search Results for: Mauritius
10 results out of 125 results found for 'Mauritius'.
MAURITIUS APPAREL INDUSTRY SET TO REBOUND IN 2021 AFTER SEVERE CONTRACTION
Mauritius’ textile and clothing manufacturing sector is expected to witness year-on-year growth of around 18.5% this year (2021) after suffering a severe Covid-19-related contraction of 28.6% in 2020. The National Accounts Estimates released by Statistics Mauritius in June (1) predict robust growth for country’s textile and apparel industry, which accounts for almost 50% of the country’s overall manufacturing.…
EXPLORING THE FASHION OF TOMORROW IN THE DNA OF MAURITIUS’ ERIC DORCHIES
Eric Dorchies was appointed Mauritius’ Ciel Textile Ltd’s CEO last July (2020) at a moment when his country’s important clothing and textile sector was struggling hard against the impact of the Covid-19. It has not been an easy start to his job (he was previously the company’s COO) given the risk of the third wave of the virus hitting Europe, the company’s main market.…
MAURITIUS CLOTHING AND TEXTILE COMPANIES LOOK TO NEW TECH INVESTMENTS TO SHARPEN POST-COVID 19 EFFICIENCIES
The Mauritius clothing and textile sector has been assessing its use of technology to reduce costs and boost efficiency as it mulls how to emerge from the Covid-19 pandemic in good shape to compete globally.
Avinash Goburdhun, managing director and owner of Wensum Ltd, a company supplying formal wear to the UK and USA, said: “More emphasis is being laid on the use of technology across the factories, with more lean production and supply chain consolidation to reduce airfreight costs.”…
MAURITIUS CLOTHING SECTOR NEEDS TO RECOVER DYNAMISM POST-COVID THROUGH ACCESS TO LATEST TECHNOLOGY AND INNOVATION, SAYS NEW GOVERNMENT PLAN
A new Mauritius government plan designed to pull the country’s manufacturing industry into rude health after being buffeted by Covid-19 has proposed that the clothing and textile sector invests in the latest technology and uses it to leverage local design talent.…
MAURITIUS ACCOUNTING LECTURER SAYS ACCA UNLOCKS POTENTIAL FOR ACCOUNTANTS TO HELP BUILD SOCIETIES AND GOVERNANCE
Matthew Lamport could have been an auditor at a big accounting firm in his native Mauritius. However, he chose an academic career at the University of Mauritius, teaching for the past 18 years as a senior lecturer at the university’s finance and accounting department.…
COVID-19 HELPS RISK CONSULTANCIES PERSUADE CLIENTS TO PREPARE FOR THE UNCERTAIN, SAYS MAURITIUS BUSINESS AND AUDIT ADVISOR
Covid-19 has ripped through the economy of the Indian Ocean country Mauritius, but it has helped island business advisory agency managing director Sheila Ujoodha make her case to clients that risk assessments and contingency planning are important.
The owner of SmarTree Consulting (SCL) since she created the company in 2018, Ujoodha is busy suggesting how businesses can cope with the pandemic, through its services of internal audit, risk assessment and regulatory consulting.…
FINCEN LEAKS SHAKES UP ANTI-MONEY LAUNDERING WORLD
THE WORLD has become used to large leaks of confidential data from intelligence services and banks, but the latest dump, from the files of the USA’s Financial Crimes Enforcement Network (FinCEN) may have impacts beyond the unveiling of wrongdoing. Keith Nuthall explains.…
GRAPHENE-BASED TECHNOLOGY HELPS OIL AND MARITIME INDUSTRIES CLEAN UP OIL SPILLS
GRAPHENE, a form of carbon, formed into a single layer of atoms arranged in two-dimensional honeycomb lattice, has been hailed as a super-material – highly conductive (heat and power), strong, stable, and absorbent of light and liquid. It is the latter quality that has caught the eye of the petroleum sector, with graphene being used to help clean up oils spills.…
EU/WTO INTERNATIONAL REGULATORY ROUND UP – EU FOOD INDUSTRY CALLS FOR HOLDING EU-UK DEAL TO PRESERVE FREE TRADE IN 2021
MAJOR European food and drink industry associations have asked the European Union (EU) and Britain to consider agreeing a temporary holding Brexit deal, preserving EU/UK free trade, once the current transitional period involving the UK follows EU rules, expires on December 31.…
HONG KONG MANUFACTURER ESQUEL PIVOTS DURING COVID-19 PANDEMIC AND BUILDS PRIVATE BRAND THROUGH MASK SALES
THE COVID-19 pandemic has proved a mixed blessing for Hong Kong-based garment supplier Esquel. While export earnings have plummeted, Esquel has pivoted by adding non-medical use face masks to its product line, which it will sell under the company’s own label Determinant – boosting its profile.…