Century Banking Corporation Ltd (CBC), the first Islamic bank in Mauritius, has issued Islamic Commercial Certificates worth Rs 25 million on behalf of automobile dealership Iframac Ltd.

Mauritius and Kenya have on Monday signed a Double Taxation Avoidance Agreement (DTAA) and an Investment Promotion and Protection Agreement (IPPA) in Port Louis.

GAAR postponed
India has decided to defer by a year the General Anti Avoidance Rule, or GAAR, to tackle tax evasion. GAAR was proposed in March 2012 as part of the annual budget.

Dharmanand Dhooharika , Editor-in-chief of ‘Samedi Plus’ weekly newspaper, who was sentenced to three months, imprisonment by the Supreme Court in October last year for contempt of court, has not been given leave on Thursday to appeal to the Privy council.

Ambassador Anthony Holmes, deputy to the Commander for Civil-Military Activities of the United Africa Command, was in Mauritius this week. He had discussions with the Prime Minister and the Minister of Foreign Affairs on issues related to bilateral cooperation between Mauritius and the United States and maritime security in the Indian Ocean.

On Tuesday night, Kalim R, bus conductor at the United Bus Service (UBS), was victim of a brutal assault at the bus terminus of Cité La Cure. It was about 7pm when the bus coming from Résidence Vallijee bus station arrived at Cité La Cure.

The father of the missing girl Rudmilla Karamchand could not hide the grief and sorrow in his voice when contacted by News on Sunday.

Khabirsing Bundhoo, a resident of St Paul, made the country proud in Monaco by winning the reputed international culinary competition “Le Grand Cordon d’Or de la Cuisine Française” on 21 March 2012.

In the afternoon of Sunday 6 May 2012 in Antananarivo, Mr. Benoit Ng Fook Cheong, a Mauritian national working for Avitech, subsidiary of the FAIL Group, and his wife Maureen, were kidnapped by a group of armed men. The kidnappers then contacted Mr. Clifford Roquefeuille Noel, CEO of Avitech, asking for ransom in exchange of freeing the two hostages.  

Journalism workshop
The Embassy of the United States and the European Delegation organised a one-day workshop at the University of Mauritius on Monday to mark the World Press Freedom Day, observed on May 3.

As we had predicted last week, the MSM/MMM opposition has  indeed tried its level best to ‘use’ the National Assembly to pursue its attacks on the Labour/PMSD government. 

Ariranga Govindasamy Pillay, former Chief Justice, has been re-elected to serve on the Committee on Economic, Social and Cultural Rights for a term of four years.