timesofindia.indiatimes.comUS pushes Mauritius down to become 2nd largest source of FDI
In a country that does not innovate and in a country where you barely have any Major International banks that have come. I mean, we've seen HSBC. We've seen what has happened to deutsche bank. We really haven't gotten anybody since standard chartered and standard bank. And of course that Nigerian entity, that's not the same level. And they can't really do much value. Add in Mauritius. It seems in any way they're having issues with their own regulator on the expansion that they have done. So basically, mauritius lacks this ecosystem because of all the stupid scandals that the country has had, which has heard its reputation.And what you will see is that over time, you know, investors are going to leverage other jurisdictions, and as i've always said, when you have a negative outlook, people already adapt, you don't have to wait to become b a one so whatever bad thing people think is gonna happen to your credit rating.Downgrade, if it happens one day, it's already sort of happened.And that's what people very often don't get.Because markets are forward looking, they're not backward.Looking boardrooms, don't wait for downgrades and react.They react before things happen, and mauritius has already been priced.As a b a one country
