Mauritius Blog Tracker

It has been a rough ride for the Mauritian Rupee since the beginning of the year: losing nearly 15% against both the Euro and the British Pound. It loses only 5% against the “weak” US Dollar. Sithanen, the Finance Minister, is calling those having foreign currencies to convert them to Rupees. There is no sign [...]

According to the Sugar Protocol, which is one of the components of the Lomé Convention signed in 1975 between the European Union and the ACP countries, each year the EU can import 1.3 million tons of sugar from the ACP countries at a relatively high price. While the Lomé Convention itself was set to expire [...]