AGP Executive Report
Last update: 2 hours agoFuel Price Shock Watch: An explainer on jet fuel and diesel highlights how “crack spreads” can swing airline costs fast, with FlySafair reporting passenger declines after Jet A-1 jumped from about R11 to as high as R30–R38 at airports. Mauritius Finance & Governance: ICSI’s 5th International Conference opened in Mauritius, with the Minister of Financial Services and Economic Planning urging company secretaries to shift from compliance to adaptive governance. Offshore Wealth Planning: A survey by Ocorian finds family offices expect higher risk appetite and bigger private equity allocations, with Mauritius included among surveyed jurisdictions. Private Equity Deals: SAIF Partners and Elevation Capital sold a combined 2.33% stake in Paytm’s parent One 97 Communications for about Rs 2,038 crore, while Elevation Capital and Peak XV Partners offloaded a 2.3% stake in Meesho for Rs 1,949 crore. Local Legal Reform: Mauritius parliament criminalised marital rape, setting harsher sentences for convicted offenders. Trade & Cooperation: NCUI hosted a Mauritius delegation to discuss India’s cooperative reforms and international partnerships. Digital Payments Angle: ActivTrades’ Mauritius entity offers interest on uninvested cash/free margin, paying up to 3.3% on USD balances.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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