IMF Leadership: Silvana Tenreyro has been appointed the IMF’s next chief economist and head of research, taking over on 10 August, after serving on the Bank of England’s Monetary Policy Committee and previously sitting on the Bank of Mauritius’ committee. Digital Payments & Trade: India and Indonesia agreed to integrate India’s UPI with Indonesia’s payment system, with cross-border QR links expected to make payments easier for travellers and businesses. Mauritius Business & Finance: Mauritius’ Supreme Court has restrained an African oil and gas firm from a US$100m rights issue, pending an LCIA arbitration linked to a shareholder dispute. Air Mauritius Governance: Air Mauritius says it will take tough action after a Kroll-led probe into fleet modernisation decisions, including possible referrals to law enforcement. Regional Labour Mobility: Malaysia reopened its labour market for Bangladeshi workers, aiming for more transparent recruitment and fee-free travel in the coming months, with Mauritius listed among future destinations. Corporate Capital Markets: India’s Cult.fit filed IPO papers with SEBI to raise up to ₹950 crore, with Mauritius-linked shareholders among those selling in the offer-for-sale. Energy & Environment Funding: IUCN secured nearly US$5m in GEF funding, including a Mauritius “Blue Carbon Horizons” project to strengthen climate-resilient coastal planning. Court Case (Nigeria): A Lagos court remanded an investment executive over an alleged $1.5m phantom oil investment fraud involving Mauritius-linked entities.