Thursday, April 4, 2019

Beyond “Honte”: Achieving 5 to 6% growth rate!

(Published in MTImes 05 April 2019)
On the occasion of the 170thAnnual General Meeting of the Mauritius Chamber of Commerce and Industry, the President of the Chamber in his 'State of the Economy Address”, transcended the puerile issue of having “honte” (shame) of our 3.8% to 4% growth rate for a more important debate on how Mauritius can achieve 5-6%  economic growth. 

Thursday, March 28, 2019

The cost of dismantling the BAI Group: Rs 20 billion!

(Published in MTimes 29 03 2019)
The Report of the Director of Audit on the accounts of the Republic of Mauritius for the financial year 2017/18 provides a good deal of information that makes it possible to estimate the cost of dismantling the BAI Group.
 

Disaster preparation: Are we prepared?

(Published In MTimes 29 03 2019)
A devastating cyclone has caused widespread destruction in Southern Africa, across the city of Beira, Mozambique, Zimbabwe and Malawi. Some 1.7 million of our African brothers and sisters are said to be affected, with no electricity or running water in areas where homes have been swept away and roads destroyed by the floods.

Ocean economy: Any progress?

(Published in MTimes 29 03 2019)
Since the release of ‘The Ocean Economy: A Roadmap for Mauritius’ in July 2013, successive governments have identified the Ocean Economy (OE) as another important economic pillar.

Thursday, March 21, 2019

Ageing and pension reform

(Published in MTimes 22 03 2019)
 The share of the population age 60 years and above in the total population will increase from 16.1 percent in 2017 to 26.8 in 2037 and 35.2percent in 2057. The dependency ratio (defined as the combined child population (under 15 years) and population aged 65 years and over per 1,000 population of intermediate age (15 - 64 years) in a particular year) will increase from 408.0 to 529 and to over 629 the same period. Today, there are 6 employees to support a pensioner and by 2037, there will be less than 3.