Mauritius

MV Wakashio wreck: Mauritians unite to protect the lagoon

The Japanese freighter ‘MV Wakashio’ ran aground near coral reefs, at Pointe d’Esny in the South-East of Mauritius on the 25 July. Since then, NGOs and volunteers are carrying out salvage operations to protect the lagoon. Since 25 July, the MV Wakashio has been aground near the coral reefs at Pointe d’Esny. Setting out from…

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Business performance: the Evaco Group among the Top 500

In its special edition, Eco-Austral “Top 500” sheds light on the financial performance of 500 companies based in across Reunion Island, Mauritius, Madagascar, and Mayotte, with an analysis of their latest figures. Despite the difficult economic context, these companies have displayed impressive resilience. The Evaco Group maintains its position among the Top 500 companies for…

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Karen Angus: “2020 will be a challenging year.”

Described as one of the most prominent real estate promoters in Mauritius, the Evaco Group is on a roll and will not stop there. The Group’s Sales and Marketing Directo, Karen Angus, shares her thoughts on its rise to prominence. 2019 was a busy year for Evaco, notably with the launch of the Cap Marina…

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Budget 20/21: Amendments to occupational and residence permits

New provisions have been unveiled in the Budget 2020 – 2021 regarding the obtention a residence and occupational permit in Mauritius. A key element of the post-covid-19 economic reform has been announced by the Minister of Finance, Economic Planning and Development, Renganaden Padayachy. Beyond the spread of the disease, the Covid-19 pandemic had far-reaching consequences…

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PDS: A minimum investment of $375,000 for a residence permit

The terms and conditions of the Property Development Scheme (PDS) were reviewed as part of the 2020-2021 Budget. The Minister of Finance, Economic Planning and Development, Renganaden Padayachy announced different policies which aim to attract foreign investors and give a boost to the Mauritian real estate market. The limit for obtaining a permanent residence permit…

Safe Travel Destination
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Covid-19: The WTTC deems Mauritius a «Safe Travel Destination»

Mauritius ongoing commitment for the fight against the spread of the Covid-19 has been recognised by the World Travel & Tourism Council (WTTC). The country was declared a « Safe Travel Destination » by the council. The country recorded its first case of Covid-19 on 19 March 2020. Since then, several measures have been undertaken…