Today our country urgently needs a particular strategy of proliferating Small and Medium Enterprises (SME’s) not only to enable the resolution of the problem of unemployment and underemployment of people living in rural areas, but also to boost their purchasing power, so that the additional demand created could push the country’s entire economy to grow at a faster pace.

Les Mauriciens ont été nombreux à se rendre à la 8e édition du Salon de l’Entreprise qui s’est tenu au centre de conférences Swami Vivekananda, à Pailles, quatre jours durant.

L’informatique et les nouvelles technologies se mettent au service des Petites et moyennes entreprises (PME). L’ouverture de la SME Trade & Technology Fair a  eu lieu ce jeudi au Swami Vivekananda International Convention Centre, à  Pailles.

A Memorandum of Understanding (MOU) was signed on Monday by the Small and Medium Enterprises Development Authority (SMEDA) and the Mauritius Computing Services Ltd at the Industrial Zone in Coromandel.

L’agriculture demeure un des secteurs-clés de l’économie du pays.

In his recent Budget speech, the Minister of Finance stated inter alia that “because of poor visibility as to where the global economy is heading, we are cautiously forecasting a growth rate of 4%, same as the growth rate of the world GDP”.

Although the Finance Minister has made provisions to an interest rate of 8.5% in Budget 2012 to encourage Small Medium Enterprises (SME) companies to expand and build true incentives, this is still considered not enough to make SME completely successful. Today our country urgently needs a particular strategy of proliferating Small and Medium Enterprises not only to enable the resolution of the problem of unemployment and underemployment of people living in rural areas but also to boost their purchasing power, so that the additional demand created could push the country’s entire economy to grow at a faster pace.

Bhisham Ramkelawon wants to promote SMEs in Mauritius. He is an active member of the Jeunes Chamber International (JCI). He strongly feels that there is a mismatch of skills and expertise in terms of marketing and other related support
activities needed for small entrepreneurs to grow. According to him, business plan preparations are rarely done at the start of these small businesses. Hence, with his level of dynamism and creativity, along with the support of JCI, he feels that he can contribute towards the development of this sector in Mauritius.

With the presentation of the Budget at the National Assembly in two weeks’ time, it is appropriate to analyse the main elements that are at the base of our economy. Dr Chandan Jankee, Economist, University Lecturer and founder of the Union for Economic and Democratic Rights, probes into the main challenges which will affect our future in the context of market globalisation.