AGP Executive Report
Last update: 8 hours agoDigital Services: Mauritius’s approach to digital governance drew attention at an African internet freedom forum, where officials acknowledged the 2024 internet restrictions and pledged they would not be repeated. Monetary Policy: The Bank of Mauritius raised its key rate to 5% as October inflation hit 6.4%, above its target band; it warned energy costs and drought could add pressure, while forecasting 3% growth this year. Manufacturing: Phoenix Beverages reported a MUR 17.99 million group loss for the September quarter despite 1.1% revenue growth, as higher input and production costs and difficulties in Réunion weighed on results. Tourism: At World Travel Market, the MTPA and 30 local partners promoted a “Beyond The Beach” strategy and worked with UK operators on bookings and joint marketing. Business Climate: Economist Sameer Sharma argued that inflation, housing costs and pressure on SMEs expose weaknesses in Mauritius’s growth model, saying easier company registration does not resolve the challenge of staying in business. Food and Retail: Krispy Kreme’s global franchise expansion includes a previously announced development agreement for Mauritius, alongside deals in Pakistan and the Netherlands.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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