AGP Executive Report
Last update: 3 hours agoAir Mauritius Review: The national carrier has hired Kroll to examine aircraft sales and management decisions made during and after its 2020 administration, including the disposal of five aircraft and later fleet choices. The inquiry adds to scrutiny of the airline’s financial oversight. Jobs and Costs: UPL says shifting work to global business services centres in Pune and Mauritius helped cut employee costs by about 15% year on year in the second quarter of FY27, as staffing at the centres nearly tripled over two years. Banking Risks: The Silver Bank collapse leaves 62 depositors weighing legal options, with compensation capped under the deposit insurance scheme and questions raised about regulatory oversight and recovery of funds. African Finance: The new African Credit Rating Agency plans its first sovereign ratings by March 2027 and is engaging 15 governments, with Mauritius among the countries slated for research. Trade: Mauritius’ homegrown coffee producer is looking to China as a new market, an export push that could raise the profile of the island’s specialty coffee.
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