AGP Executive Report
Last update: 6 hours agoAir Mauritius Governance: Air Mauritius says it will take “tough action” after a Kroll forensic probe into fleet modernisation, including possible disciplinary steps and referrals to law enforcement, following concerns raised in Parliament about aircraft disposal and leasing decisions during 2020-21. Digital Payments for Travel: India and Indonesia agreed to integrate UPI with Indonesia’s payment system, with cross-border QR linkages expected to make payments easier for tourists and businesses. Mauritius Legal Watch: Mauritius Supreme Court has restrained an African oil-and-gas firm from a US$100m rights issue pending an LCIA arbitration. Road Safety in Mauritius: Police are investigating a crash in Pointe-aux-Biches where a hire car allegedly hit a teen on an electric bicycle, leaving the 15-year-old dead. Business & Finance: NSE is targeting a September IPO of about Rs 30,000 crore via an offer for sale, while Cult.fit filed IPO papers to raise Rs 950 crore (with an OFS component). Regional Economy: Afreximbank chief George Elombi urged fair, evidence-based credit ratings as key to Africa’s industrialisation.
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