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Columnist / Port louis riverfront, mauritius

Auction market cannot end the parallel market

Despite launching the Dutch inspired Foreign Currency Auction System (FCAS) in June 2020 (Almost 1 year running), the Zimbabwean economy continues to face acute foreign currency shortages on the formal market. The shortages have helped the…

Published: 19 Jun 2021 at 08:52hrs | 19 | by Port Louis Riverfront, Mauritius

The Mauritius example on economic development

Mauritius is ranked by the World Economic Forum as the most competitive economy in Sub-Saharan Africa and high income country with a Gross National Income (GNI) per capita of US$12,740 (Sub-Saharan Africa's GNI per capita is US$1,555). Des…

Published: 19 Jun 2021 at 08:48hrs | 6 | by Port Louis Riverfront, Mauritius

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Columnist / Port louis riverfront, mauritius

Auction market cannot end the parallel market

The Mauritius example on economic development

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