Mauritius, South Africa and Tunisia dominate the Exchange of Information activity in Africa - Bizweek
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AIB AXYS AFRICA
AXYS finalise
une importante
fusion au Kenya
ÉDITION 297
ÉDITION 151 –– VENDREDI
VENDREDI03
23JUILLET 2020
JUIN 2017 L’HEBDOMADAIRE DIGITAL GRATUIT
L’ HEBDOMADAIRE ÉLECTRONIQUE GRATUIT
TAX TRANSPARENCY IN AFRICA 2020
Mauritius, South Africa
and Tunisia dominate the
Exchange of Information
activity in Africa
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 3
BIZ ALERT
MARCHÉ DES CAPITAUX MAURICIEN
Bank One lève
Rs 600 millions pour
sa première émission
La Bank One a annoncé,
cette semaine, qu’elle a levé
Rs 600 millions en fonds
propres subordonnés de
catégorie 2 (Subordinated
Tier 2 Capital) pour sa Tribeca Central Smart City :
première émission sur le Un nouveau lieu de vie prend forme
marché mauricien des titres à Trianon
de créance (Debt Capital
Cette nouvelle Smart City, qui couvrira une surface de 120 arpents,
Market). La transaction a est développée par Hermes Properties Ltd autour du concept « Mall.
été conclue avec succès avec Work. Stay ». Située en face de la Cybercité d’Ebène et longeant les au-
PLEION Corporate Fi- toroutes M1 et M3, Tribeca Central se veut être une destination propice
aux affaires, au shopping, aux rencontres et à la détente. Lancée en
nance Ltd qui a agi en tant janvier 2020, la phase 1 est de nouveau en chantier après la levée du
que Transaction Adviser confinement et devrait être complétée en avril 2022. Elle comprendra
dans un premier temps un centre commercial d’exception, un quartier
“Nous sommes très satisfaits de d’affaires proposant des espaces de bureaux dans un environnement
la réponse positive que nous avons de travail de qualité, un business hotel au summum du confort et des
reçue sur le marché mauricien des places de parkings sécurisées. S’y ajoutera, dans une prochaine phase,
titres de créance pour notre toute une zone résidentielle.
première émission locale. Je considère
que ce succès témoigne de la confi-
ance des investisseurs dans les solides
Shell warns of up to $22bn hit
fondamentaux de la Bank One. Le on assets from oil and gas slump
fait qu’un émetteur se présente pour
la première fois sur le marché dans Shell, one of the world’s largest oil companies, has warned that the
l’environnement commercial difficile low price of oil could reduce the value of its assets by up to $22bn
actuel et émette une obligation non (£17.9bn).
garantie sur 10 ans est à la fois un It said it expects oil to change hands at $60 per barrel in the long
signe de la maturité du marché obliga- term and to be priced at $35 this year and $40 next year.
taire mauricien et de la solidité de ses Shell follows rival BP in telling investors that oil assets are not worth
propres opérations,” explique Mark as much as they used to be.
Watkinson, CEO de Bank One. BP told investors this month its assets could be worth $17.5bn less.
Grâce au succès de cette nou- Countries across the globe have ordered people to stay indoors and
velle levée de fonds, Bank One not travel as a result of the coronavirus pandemic, which has caused a
reste bien placée pour poursuiv- slump in demand for oil. As a result, the cost of oil fell to less than $20
re sa stratégie de croissance sur a barrel at the peak of the crisis, less than a third of the $66 it cost at
le plan local et international. the start of the year.
For a brief period, buyers were actually paid to take delivery of
crude oil amid a shortage of storage.
The price of Brent crude oil has recovered in recent weeks, and is
Sub-Saharan Africa: currently trading at $41.04 per barrel.
Before Tuesday’s update, Shell had been banking on oil fetching $60
A Cautious Reopening
a barrel for the next three years. It has not previously declared a long-
term price assumption.
The COVID-19 pandemic con- gradually ease their containment community, the region will be able
tinues to represent an unprece- measures. However, the scope for to boost local containment ef-
dented health and economic crisis, the pandemic to spread as aggres- forts and healthcare capacity and
with costs that will be felt most sively as elsewhere remains a very also enjoy a robust recovery in the
keenly by the poorest segments real threat. coming months.
of the world’s population, the In- Governments have acted swiftly “This is a fast-moving crisis”, said
ternational Monetary Fund (IMF) to support the economy. Nonethe- Abebe Aemro Selassie, Director
said in its latest Regional Econom- less, these efforts have been con- of the IMF’s African Department.
ic Outlook for Sub-Saharan Africa strained by falling revenues and “And recent developments suggest that
on 29 June. limited fiscal space. More interna- the downturn will be significantly larger
The regional outlook has de- tional support is needed urgently. than we had anticipated only 10 weeks
teriorated sharply since the April This year alone, countries in the ago. The risks we highlighted in April
2020 Regional Economic Outlook region face will additional financ- all continue to be a concern, but the
report release. Sub-Saharan Afri- ing needs of over $110 billion, and deterioration of the global outlook has
ca’s economy is now expected to despite the efforts outlined above, been particularly striking. In line with
contract by 3.2 percent in 2020; $44 billion of this has yet to be fi- this new outlook, and consistent with
double the contraction expected nanced. local high-frequency indicators, output
in April. This will contribute to Africa’s resilience is being tested. in Sub-Saharan Africa is now projected
poverty increase this year. The Continent has come through to shrink by 3.2 percent this year, more
The growth rate of new COV- much and will come through this than double the contraction we had out-
ID infections has slowed some- crisis also. But with stepped-up lined in April. Again, this is set to be
what, allowing some countries to support from the international the worst outcome on record.”
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 4
LA TOUR
TAX TRANSPARENCY IN AFRICA 2020
Mauritius, South Africa
and Tunisia dominate
the Exchange of Information
activity in Africa
This annual publication of the “Tax Transparency in Africa” is part of the various efforts of the continent to advance global tax transparency and exchange
of information agenda in Africa in order to combat corruption, tax evasion, money laundering, fraud, base erosion and profit shifting and illicit enrich-
ment. In this year’s report, it is highlighted that the more African countries are getting familiar with tax transparency, the more they are sending Exchange
of Information (EOI) requests. The number of requests sent increased by 48% between 2018 and 2019. And a group of three countries (Mauritius, South
Africa and Tunisia) dominate the EOI activity in Africa being active on both sides, as sender and receiver
A
lthough African countries on both sides.
are making significant pro- Over the same period, only five countries
gress in sending requests for were net senders of EOI requests (Burki-
Exchange of Information na Faso, Cameroon, Ghana, Lesotho and
(EOI), they are still net receiv- Uganda). This shows that most African
ers of requests, unlike developing countries countries are still behind their potential of
which are generally net senders, according EOI and more efforts need to be put in the
to the recently published ‘Tax Transparen- operationalization of EOI.
cy in Africa 2020’ report. Over the years,
the number of requests received by Afri- USD 189 million of
can countries has always been higher than
the number of requests sent. Between 2014
additional taxes
and 2019, overall they sent 1 024 requests
The Tax Transparency in Africa 2020
and received 2 802 requests. However, there
shows significant progress made on the two
are significant discrepancies among African
pillars of the Africa Initiative: (i) raising po-
countries on both incoming and outgoing
litical awareness and commitment in Afri-
requests. Five countries (Mauritius, Moroc-
ca and (ii) developing capacities in African
co, Seychelles, South Africa and Tunisia)
countries in tax transparency and exchange
have received 91% of incoming requests
of information. The lessons learned since
and four countries (Mauritius, South Africa,
the 2018 Report are encouraging although
Tunisia and Uganda) have sent 74% of out-
important challenges remain. Progress in
going requests. A group of three countries
African countries in the use of tax transpar-
(Mauritius, South Africa and Tunisia) dom-
ency and exchange of information are une-
inate the EOI activity in Africa being active
ven. Older members of the Global Forum
Cont’d on page 5
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 5
LA TOUR
EUR 17 billion loss of tax revenue
All members of the Global Forum, including the current 32 African countries, are
committed to the implementation of the Automatic Exchange of Information (AEOI)
standard for Economic Co-operation and Development (OECD). AEOI on financial
accounts has a huge potential for Africa. The amount of African wealth held offshore
is proportionately much greater than that of developed countries – 44% of Africa’s
in general are at an advanced stage of im- USD 1.3 million of additional taxes in Togo.
plementation of the standards whereas new For the first time, Kenya has identified financial wealth is estimated to be held offshore with a corresponding EUR 17 billion
members look to put in place the basics. additional taxes as a direct consequence of loss of tax revenue (Zucman, 2017). South Africa is one of the “early adopters” of the
The exchange of information networks EOI. EOI has a huge potential for Kenya Common Reporting Standard (developed by the OECD) and started AEOI in 2017.
of African countries has further expanded and it has been putting a lot of effort to In 2018, South Africa received CRS data on foreign financial accounts held by South
to reach now 3 262 bilateral relationships build up an effective EOI programme over African tax residents. The total account balances (aggregate value) amounted to over
compared to 2 523 in 2018. This is main- the past two years. One concrete result is EUR 17 billion.
ly due to the growing number of African the sending of 19 EOI requests with al- The implementation of AEOI by African countries is the next step on the tax
countries joining the Convention on Mu- ready USD 1.3 million identified. With the transparency agenda in Africa. It is one of the main objectives of the renewed
tual Administrative Assistance in Tax Mat- ratification of the Multilateral Convention mandate of the Africa Initiative. Five African country are currently implementing AEOI,
ters (from 15 to 18 since the 2018 Report). late in 2019, it is expected that Kenya will two are working with partners in pilot projects and five are at their preliminary stage of
More African countries can therefore use be sending more requests as the entry into preparations.
cross-border exchanged information in their force of the Convention will open avenues
tax investigations. For instance, the number for exchanges with over 135 jurisdictions.
of exchange of information requests sent In total, between 2014 and 2019, a group
increased by 48% between 2018 and 2019. of eight African countries have identified Drain large amounts of The Africa Initiative
However, four countries have sent 74% of USD 189 million. This is relevant for Afri- financial resources Given the high levels of illicit financial
the 318 outgoing requests. One challenge to can countries as the expenditure needs are flows from African countries and
be addressed is the expansion of the knowl- significant in the continent. Africa wishes to put an end to the policy recognising the potential of tax
edge on exchange of information beyond of the outstretched hand and to take charge transparency and exchange of
the exchange of information unit so that it Huge gap of its own destiny by changing the paradigm information to raise resources for
really becomes a tool to support other tax for the financing of its own development. development, African members of
administration functions. The breakdown of the number of EOI To achieve this, Africa needs innovative
the Global Forum on Transparency
The increase in the number of exchange relationships by countries shows a huge mechanisms for financing, including tax rev-
and Exchange of Information for Tax
of information requests made by African gap between countries which have signed enue (currently around 17.2% over its GDP
Purposes attending its plenary meeting
countries has translated into additional tax the Multilateral Convention (Bénin; Burki- in most countries, lower than that of Lat-
on 28 October 2014 in Berlin decided to
revenue. In 2019, five African countries na Faso; Cabo Verde; Cameroon; Gabon; in American countries (22.8%) and OECD
identified nearly USD 12 million additional countries (34.2%) (OECD/ATAF/AUC create an African focused programme:
Ghana; Liberia; Kenya; Mauritius; Maurita- the Africa Initiative. The objective was to
tax as a direct consequence of the requests nia; Morocco; Nigeria; Senegal; Seychelles; (2019), Revenue Statistics in Africa 2019).
sent. In total, between 2014 and 2019, a This is too low to finance the basic social unlock the potential of tax transparency
South Africa; Togo; Tunisia; Uganda) and
group of eight African countries identified services that are required to reduce poverty and exchange of information for Africa
those which have not. Except Egypt, which
USD 189 million of additional taxes. on the continent. by ensuring that African countries are
has a network of over 50 EOI partners
Also, African countries must endeavour equipped to exploit the improvements
through bilateral agreements, non-signato-
Exchange of Information ries to the Multilateral Convention have a to fight against corruption and illicit finan- in global transparency to better tackle
related revenues limited number of EOI partners, generally cial flows.
Illicit financial flows continue to drain
tax evasion. The Africa Initiative is open
to all African countries and currently
continue to rise below 10.
The group of non-signatories to the Mul- large amounts of financial resources from has 32 African member jurisdictions. It
tilateral Convention is not homogeneous. It the continent, with a severe and negative is supported by 11 partners and donors.
The increase in the number of EOI re- impact on the fulfilment of the African de- The Africa Initiative members meet
comprises all non-members of the Glob-
quests made by African countries translat- velopment agenda. The resultant effect is
al Forum, new members and some other every year to take stock of the progress
ed into additional tax revenue collected. In the non-recovery and non-repatriation of
members which joined the Global Forum made and reflect on the remaining
2019, five African countries have identified African assets consigned to foreign juris-
over the past five years. In fact, the decision challenges.
nearly USD 12 million additional tax as a dictions. In an effort to intensify the fight
to join this Convention is a political decision Members of the Africa Initiative
direct consequence of the EOI requests against corruption and stem illicit financial
that needs to be taken by the government. are: Bénin, Botswana, Burkina Faso,
sent (Burkina Faso, Kenya, Togo, Tunisia flows from Africa, the African Union adopt-
This has not been the case for some older Cameroon, Cabo Verde, Chad, Côte
and Uganda). Uganda alone has identified ed the recommendations of the Report of
members. For some others, the decision to d’Ivoire, Djibouti, Egypt, Eswatini,
over USD 9 million, having sent 32 EOI the High-Level Panel on Illicit Financial
join the Convention has been taken, how- Gabon, Ghana, Guinea, Kenya, Lesotho,
requests, which means an average of USD Flows and the Nouakchott Declaration on
ever, some gaps have been identified in the Liberia, Madagascar, Mali, Mauritania,
281 000 per request sent. More importantly, the African Anti-Corruption Year (Assem-
legal framework of the country which needs Mauritius, Morocco, Namibia, Niger,
while gathering the information requested bly/ AU /Decl.1(XXXI)) in the context of
to be addressed before the approval process Nigeria, Rwanda, Senegal, Seychelles,
by an EOI partner, Togo identified unre- the 2018 African Union theme “Winning the
is completed. This reinforces the correla-
ported transactions carried on by a taxpayer Fight Against Corruption – A Sustainable Path to South Africa, Tanzania, Togo, Tunisia,
tion between the political and the technical
in Togo. This has led to the identification of Africa’s Transformation”. Uganda.
spheres in the implementation of EOI.
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 6
POST SCRIPTUM
PANDEMIC THREAT
Remittances to Fall by
$100 Billion in 2020
COVID-19 is crippling the economies of rich and poor countries alike. Yet for many low-income and fragile states, the economic shock will be
magnified by the loss of remittances. In a new article for F&D, the International Monetary Fund’s Antoinette Sayeh and Ralph Chami dig deeper
into how the pandemic threatens to dry up this vital source of income, and what measures can be taken to tackle this challenge
R
emittance flows into low-in- keep flowing, even if at a much-reduced lev- The pandemic will deliver a blow to
come and fragile states rep- el. Second, donor countries and internation- remittance flows that may be even worse
resent a lifeline that supports al financial institutions must also step in to than during the financial crisis of 2008,
households as well as provides help migrant-source countries not only fight and it will come just as poor countries are
much-needed tax revenue. As the pandemic but also cushion the shock of grappling with the impact of COVID-19 on
of 2018, remittance flows to these countries losing these private income flows, just when their own economies. Migrant workers who
reached $350 billion, surpassing foreign these low-income and fragile countries need lose their employment are likely to reduce
direct investment, portfolio investment, and them most. remittances to their families back home.
foreign aid as the single most important Recipient countries will lose an important
source of income from abroad. A drop in re- Transmission of shocks source of income and tax revenue just when
mittance flows is likely to heighten econom- they need it most (Abdih and others 2012).
ic, fiscal, and social pressures on govern- Remittances are income flows that In fact, according to the World Bank,
ments of these countries already struggling sync the business cycle of many recipient remittance flows are expected to drop by
to cope even in normal times. countries with those of sending countries. about $100 billion in 2020, which represents
Remittances are private income transfers During good times, this relationship is a roughly a 20 percent drop from their 2019
that are countercyclical—that is, they flow win-win, furnishing much-needed labor level (see Chart 3). Fiscal and trade balanc-
from migrants into their source country to fuel the economies of host countries es would be affected, and countries’ ability
when that country is experiencing a mac- and providing much-needed income to to finance and service their debt would be
roeconomic shock. In this way, they insure families in the migrants’ home countries. reduced.
families back home against income shocks, However, this close business cycle linkage Banks in migrant-source countries rely
supporting and smoothing their con- between host and recipient countries has on remittance inflows as a cheap source
sumption. Remittances also finance trade a downside risk. Shocks to the economies of deposit funding since these flows are
balances and are a source of tax revenue of migrant-host countries—just the sorts altruistically motivated. Unfortunately,
for governments in these countries that rely of shocks being caused by the coronavirus these banks are now likely to see their cost
on value-added tax, trade, and sales taxes pandemic—can be transmitted to those of of operations increase, and their ability to
(Abdih and others 2012). the remittance-recipient countries. For ex- extend credit—whether to the private sector
In this pandemic, the downside effect ample, for a recipient country that receives or to finance government deficits—will be
of remittances drying up calls for an all- remittances representing at least 10 percent greatly reduced (Barajas and others 2018).
hands-on-deck response—not just for the of its annual GDP, a 1 percent decrease in Furthermore, the typically credit-con-
sake of the poor countries, but for the rich the host country’s output gap (the differ- strained private sector—mostly compris-
ones as well. First, the global communi- ence between actual and potential growth) ing self-employed people and small and
ty must recognize the benefit of keeping will tend to decrease the recipient country’s medium-sized enterprises—is likely to lose
migrants where they are, in their host output gap by almost 1 percent (Barajas remittance funding, in addition to dealing
countries, as much as possible. Retaining and others 2012). Remittances represent with even tighter credit conditions from
migrants helps host countries sustain and much more than 10 percent of GDP for banks. All this will come on top of lower
restart core services in their economies and many countries, led by Tajikistan and Ber- demand for their services and products as a
allows remittances to recipient countries to muda, at more than 30 percent. result of the crisis.
Cont’d on page 7
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 7
POST SCRIPTUM
infected with the virus) returning home. First, host countries need to sta-
They are likely to join the jobless in their bilize the employment opportuni-
home countries—in labor markets already ties of the migrant workers in their
brimming with unemployed youth—as well economies. Relief packages that target
as put more pressure on already fragile employment protection for citizens in rich
public health systems. This could height- countries can also help migrant workers
en social pressure in countries already ill remain employed. Recognizing the need to
prepared to deal with the pandemic and protect and stabilize the welfare of migrant
possibly also fuel spillovers beyond their workers, the prime minister of Singapore
borders. People escaping tough situations in recently assured migrant workers in his
their own countries are likely to seek other country that “we will look after your health,
shores, but richer countries, also in the your welfare, and your livelihood. We will
midst of fighting the virus, may have very work with your employers to make sure
little desire to allow migrants in—potential- that you get paid and you can send money
ly leading to an even greater refugee crisis. home . . . This is our duty and responsi-
bility to you and your families.” Action by
Global threat host countries can help keep the remittance
lifeline alive, as well as reduce the likelihood
Compared with previous economic crises, of migrants returning home.
this pandemic poses an even greater threat Extending protection to migrants will
to countries that rely heavily on remit- also help advanced economies get back to
tance income. The global nature of this full production sooner. If host countries
crisis means that not only will recipient send migrants back, it will take even longer
countries see remittance flows dry up, they to restore production in rich countries to
will simultaneously experience outflows of former levels. In countries such as the
private capital, and maybe a reduction in United States that depend on seasonal labor,
aid from struggling donors. Typically, when keeping migrants within their borders and
private capital flees a country because of enhancing testing for infection will bring a
a macroeconomic shock, whether climate double benefit—ensuring the supply of fresh
related or because of a deterioration in the agricultural products for the host country
country’s terms of trade, remittance flows and preserving remittances for migrants’
come in to lessen the impact of capital home countries.
flight. By contrast, in this current crisis, Second, countries receiving re-
poor countries can expect to experience both turning migrants will need help
phenomena—capital flight as well as a drop to contain, mitigate, and reduce
in remittance flows. the escalation of outbreaks. Donor
With global demand likely to suffer, it countries must help with the cost of virus
would be hard for remittance-recipient mitigation, in an effort to lessen the severity
countries to export their way out of this of the crisis in local economies and stave off
crisis. Currency depreciation cannot be potential spillovers. Returning migrants are
expected to spur demand for their exports or likely to place further stress on the health
attract tourism since this shock is system- care systems of migrant-source countries,
ic (Barajas and others 2010). Currency which are struggling to contain local in-
weakness will likely worsen the economic fections and avoid a shutdown of the local
situation for many of these low-income economy. Authorities in these countries will
and fragile states whose debt is in foreign need enhanced testing as much as possible
currency, further depressing local demand in urban areas, as well as support in imple-
and resulting in greater shrinkage of local menting quarantine measures for returning
economies. migrants who may be infected. If the return
of migrants is handled in this manner, there
What can be done? could be longer-term benefits for their home
countries as well. Migrants who expect to
The crisis has the unique effect of be permanently repatriated may bring their
tightening fiscal constraints in low-income savings with them, and their work skills
migrant-source countries just when there’s could bring development benefits to their
much more for the public sector to do, home countries.
both in terms of protecting the population Third, given that poor countries’
from the pandemic and supporting local governments have limited room
economies in weathering huge negative for maneuver, these countries will
shocks. The loss of tax revenue resulting need the assistance of international
from the drop in remittance-supported financial institutions and the donor
consumption will only make things worse community. International financial insti-
for governments already strapped for funds tutions need to shore up fiscal and balance
and severely strain their ability to engage in of payments assistance to these countries.
countercyclical fiscal measures. This creates This should include ensuring that these
tremendous urgency for the internation- countries’ most vulnerable people—those
al community to help, even when rich most reliant on remittance inflows for their
countries are themselves facing huge fiscal consumption and well-being—are able to
burdens. access social insurance programs. And, per-
It is in the best interest of rich countries haps now more than ever, the global effort
for migrants not to go home as well as to to meet Sustainable Development Goal 10,
provide resources for poor countries to fight reducing the high cost of remittances to 3
the pandemic. Infection rates are much percent, could take center stage.
That’s not all. A prolonged crisis could higher in rich countries and are especially This crisis makes it clear that as a global
worsen pressure in labor markets of rich high among migrant workers owing to their community we, rich and poor countries,
countries, and out-of-work migrants could dismal working and housing conditions. are all in this together. We can either lift all
lose their resident status in host countries Migrants who go home are at risk of taking boats or, together, face the consequences of
and be forced to return home. For example, the virus with them. If this happens, poor rising social inequality.
in Gulf states such as Saudi Arabia and countries will provide a rich incubator for
the United Arab Emirates, which rely on the virus that will boomerang as refugees ANTOINETTE SAYEH is deputy
migrant labor from the Middle East, North managing director of the IMF, and
seek new shores. Then it will take decades—
Africa, and Southeast Asia, the drop in the and many lives—for the world to be rid of RALPH CHAMI is assistant director
price of oil and economic activity could re- of the IMF’s Institute for Capacity
this virus.
sult in migrants (some of whom are already Three key actions need to be taken now. Development.
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 8
DEBRIEF
AIB AXYS AFRICA
Campagne RESPE : la sécurité
AXYS finalise une routière, c’est la sécurité des autres
L’amour entre Tina et sa maman est d’une immense intensité… mais
cette merveilleuse histoire est brutalement interrompue. Une voiture
importante fusion
folle, un choc effroyable et c’est la mise à mort de moments de bonheur
qui ne demandaient qu’à se perpétuer. Ce court-métrage émouvant est
emblématique de RESPE, la nouvelle campagne sécurité routière du
ministère des Transports terrestres et du Métro léger (TMRSU - Traffic
au Kenya
Management and Road Safety Unit). En effet, le concept de RESPE
est à la base de la communication choisie pour amener les usagers de la
route à changer radicalement leur comportement. Trop de morts, trop
de blessés sur la route, trop de belles histoires anéanties par manque
de respect des règles de sécurité routière… Respecter les règles, c’est
respecter les autres, c’est respecter la vie des autres.
Le Golf est gratuit pour les enfants
à Ile Aux Cerfs Golf Club
Vu que les enfants aussi aiment le golf, Ile Aux Cerfs Golf Club est
le seul à Maurice à leur offrir la possibilité de jouer gratuitement avec
balles de practice et chariots compris – et ce jusqu’à l’âge de 16 ans.
Tout comme les golfeurs aguerris, les « juniors » peuvent pratiquer le
golf toute l’année sur l’un des plus beaux parcours de golf au monde.
L’académie de Golf leur enseignera les fondamentaux : alignement,
posture, … mais également des jeux pour développer leurs capacités
Le groupe AXYS vient de conclure un important projet de fusion au Kenya, ce qui lui permet- motrices et leur coordination : jouer sur un pied, viser des paniers de
tra de renforcer de manière conséquente sa présence sur le continent africain. Annoncée en couleurs.
février de cette année, la fusion entre AIB Capital Limited et ApexAfrica Capital Limited vient
en effet d’être approuvée par les autorités kenyanes. Le lancement a eu lieu le mardi 30 juin Walk Mauritius : La première balade
2020, au Nairobi Securities Exchange, Kenya de Paul Choy dans la boîte
Le coup d’envoi de l’événement « Walk Mauritius » a été donné,
L
le mercredi 1er juillet, à Grand-Baie. C’est muni de son appareil
a nouvelle entité opérera donc désormais l’excellence de leurs services par le passé.
numérique que Paul Choy a démarré sa tournée photographique à
sous le nom AIB-AXYS Africa, et proposera “Il s’agit d’une évolution bienvenue et rafraîchissante face
pied jusqu’à Pointe-aux-Piments où il a fait de nombreuses rencon-
une large gamme de services financiers di- aux défis imposés par la pandémie de Covid-19. Cette nou-
tres et découvert les histoires les unes plus passionnantes que les au-
vers sur les marchés kenyan et africain. Elle vise no- velle marque reflète notre identité. Au-delà de l’aspect finan-
tres, des habitants. Durant tout un mois, le photographe anglo-mau-
tamment à s’imposer comme un incontournable du cier, c’est une fusion de savoirs-faire, de valeurs humaines
ricien fera le tour de Maurice en 20 étapes, en prenant la route de
marché dans les domaines du courtage en valeurs et d’objectifs d’excellence communs. Nous disposons désor-
l’océan, pour photographier les merveilles et les scènes de vie qui
mobilières, de la négociation d’obligations, de la re- mais de meilleures ressources pour accéder à de nouveaux
composent le pays. De Pointe-aux-Piments, Paul Choy a ensuite mis
cherche et conseil en financement d’entreprise, du marchés”, explique Paul Mwai, CEO de AIB-AXYS
le cap sur Terre-Rouge le jeudi 2 juillet. À chaque étape, il invite
trading mobile numérique et des produits dérivés. Africa.
une personne à le rejoindre pour le guider et l’accompagner dans son
“Nous mettrons à profit la solide réputation et l’expéri- La compagnie continuera à miser sur des marques
aventure. Cette aventure, qui bénéficie du soutien de Sanlam, Axess,
ence des équipes professionnelles des entités précédentes”, établies telles que AIB DigiTrader, la première
Fujifilm, Constance Hotels & Resorts et la Mauritius Tourism Pro-
assure Melvin Chung, directeur d’AIB AXYS Af- plateforme de négociation entièrement automatisée
motion Authority, se fera exclusivement à pied.
rica. La compagnie peut en effet d’ores et déjà se au Kenya. Elle bénéficiera aussi d’investissements
reposer sur des équipes expérimentées qui ont déjà soutenus dans les secteurs des réseaux et des tech-
prouvé leur efficacité, leur professionnalisme et nologies futures et disruptives. Le teck massif fait son entrée chez
Courts Mammouth
Levée des restrictions aux frontières
Afin de maintenir les standards de sa gamme, Courts Mammouth
vient ajouter une nouvelle pierre à l’édifice, en proposant dès à
présent une magnifique collection de meubles en teck dur véritable.
extérieures de l’UE en provenance Comme pour tous les meubles de chez Courts Mammouth, ces vérita-
bles œuvres d’art en teck sont disponibles à l’achat tout de suite, avec
de 15 pays une option permettant de ne commencer à payer qu’à partir de 2021.
Une initiative lancée par Courts Mammouth afin de soulager ceux
qui souffrent financièrement de la crise Covid-19.
Le Conseil de l’Union eu- étrangers désireux de visiter l’Un- jours en fonction notamment de la
ropéenne a publié, le 30 juin, un ion européenne. Pour rappel, les situation épidémiologique et sous
communiqué de presse qui an- déplacements de personnes dites réserve de réciprocité. La liste a Départ à la retraite d’Andrew Slome,
nonce la levée des restrictions aux
frontières extérieures de l’Union
“essentielles (équipages de trans-
port, professionnels de santé, dip-
été décidée par les États membres
à partir d’un certain nombre de
directeur de l’hôtel La Pirogue
C’est avec une grande émotion et sous les applaudissements de
européenne pour les déplacements lomates, etc.)” étaient et restent critères fondés principalement sur ses 464 employés qu’Andrew Slome, directeur de La Pirogue depuis
non essentiels en provenance de autorisés sous certaines restric- la situation sanitaire et sur la réc- 2014, a fait ses adieux pour prendre sa retraite tant méritée le 30 juin
15 pays depuis le 1er juillet. Il s’agit tions et précautions. iprocité. S’agissant de la Répub- 2020, après plus de quarante années dédiées à l’hôtellerie maurici-
de l’entrée de citoyens étrangers « Pour l’heure, ni Maurice, ni les lique de Maurice, les autorités ont enne. Alors que l’hôtel La Pirogue est temporairement fermé dû à la
dits non essentiels » sur le terri- Seychelles ne figurent dans cette annoncé le maintien de la ferme- situation du coronavirus, tous les employés avaient fait le déplace-
toire européen (espace Schengen), première liste qui sera révisée de ture des frontières a priori jusqu’au ment pour saluer le grand homme lors d’une réception donnée en
comme par exemple des touristes manière régulière tous les quinze 31 août. son nom.
VENDREDI 03 JUILLET 2020 | BIZWEEK | ÉDITION 297 9
DEBRIEF
UNION EUROPÉENNE - MAURICE
Troisième dialogue politique
de haut niveau sur le genre
L’Ambassadeur de l’Union européenne auprès de la République de Maurice, S.E.M. Vincent Degert, et la ministre de l’Égalité du Genre et du Bien-être de la
Famille, Kalpana Devi Koonjoo-Shah ont co-présidé le lundi 29 juin le troisième dialogue politique Union européenne - Maurice sur le genre et auquel a participé
l’Ambassadeur de France, S.E.M. Emmanuel Cohet. L’UE et Maurice réaffirment leur engagement pour continuer à travailler ensemble pour promouvoir l’égalité
hommes-femmes dans toutes les sphères de la vie
L a ministre de l’Égalité du Genre et du
Bien-être de la Famille et l’Ambassadeur
de l’Union européenne (UE) auprès de
la République de Maurice ont co-présidé le
troisième dialogue politique sur le genre. Le
la société. À travers ce dialogue politique dédié sur le
genre, nous voulons réaffirmer notre engagement à ap-
puyer le gouvernement dans sa lutte contre ce fléau et
plus généralement à renforcer la place de la femme dans
la société mauricienne.”
dialogue a eu lieu en présence de l’Ambas- La ministre de l’Égalité du Genre et du
sadeur de France, S.E.M. Emmanuel Cohet. Il Bien-être de la Famille, Kalpana Devi Koon-
a permis de faire un état des lieux de la mise en joo-Shah, devait pour sa part déclarer :
œuvre du partenariat Union européenne-Mau- “Le troisième dialogue politique sur le genre est
rice pour l’égalité du genre, avec comme mot l’occasion pour l’Union européenne et le gouvernement
d’ordre “protéger les femmes contre la violence” no- mauricien de faire le bilan des progrès accomplis durant
tamment dans le contexte de la pandémie de l’année écoulée sur la base du cadre de suivi conjoint
COVID-19. Il a aussi permis d’identifier un adopté en mai 2018. Nous avons vécu ces derniers mois
certain nombre d’améliorations à apporter et une nouvelle expérience, nous faisons d’ailleurs face à
de mesures à mettre en œuvre pour que l’égal- de nouveaux défis. Cette situation nous oblige à revoir
ité du genre devienne une réalité à tous les toute notre stratégie en ce qui concerne la promotion et le
niveaux. respect de l’égalité hommes-femmes. La pandémie Cov-
Dans son allocution d’ouverture, l’Ambas- id-19 a eu un impact sur le rôle de la femme dans la so-
sadeur de l’Union européenne auprès de la Ré- ciété. Il est de ce fait primordial de revoir nos stratégies.”
publique de Maurice, S.E.M. Vincent Degert, a Pendant deux heures, réunis dans la salle
déclaré : “La question qui nous préoccupe le plus en de conférence du ministère, les participants y
ce moment, c’est le phénomène grandissant de femini- compris les points focaux genre de plusieurs cieuse du 23 novembre dernier et la promo- pour promouvoir l’égalité du genre à Mau-
cide et l’impact de la pandémie sur la violence conjugale. ministères, ont discuté des progrès réalisés en tion d’un message commun de la ministre et rice formulées par Madame Nicole Ameline,
La mise en place d’un Comité de Haut Niveau sur matière d’égalité du genre (objectif de dével- de l’Ambassadeur de l’UE pendant le confine- membre du Comité des Nations Unies pour
la violence contre les femmes sous l’égide du Premier oppement durable No 5). Ils ont évoqué les ment pour encourager les citoyens à agir contre l’élimination de la discrimination à l’égard des
Ministre est un signal fort qui doit imprimer une nou- actions conjointes mises en œuvre par l’UE et la violence envers les femmes et les filles. Ils femmes (CEDAW) lors de sa visite en janvier
velle dynamique dans les administrations comme dans le gouvernement notamment la marche silen- ont également discuté des recommandations dernier.
Le premier film
d’animation réalisé La promesse que Jaguar Land Rover
à Maurice lancé en offre à ses nouveaux clients
avant-première
Lorsqu’il s’agit de gagner, Jaguar Land Rover met tout en œu-
vre pour s’assurer que chaque véhicule fonctionne au mieux de ses
capacités. Le plan d’entretien Jaguar Land Rover Care (JLR Care)
Jungle Beat : The Movie de Sandcastle Studios Limited, produit offre aux clients l’assurance d’un plan d’entretien standard de 5
en collaboration avec Sunrise Production, a été lancé en avant- ans/100,000 km, incluant les pièces d’origine Jaguar Land Rover
première le jeudi 25 juin au cinéma Star au Caudan. Depuis le ven- et la main-d’œuvre excluant le freinage. Jaguar Land Rover offre
dredi 26 juin 2020, le film est disponible dans 98 pays à travers le aussi à ses clients une garantie de 5 ans / 150,000 km sur tous ses
monde sur plusieurs plateformes de streaming, notamment DSTV véhicules, preuve du savoir-faire de la marque et vous garantissant
Box-Office, GooglePlay, Amazon et Apple TV/iTunes. Il s’agit du une totale paix d’esprit. « Il est vital de bien entretenir son véhicule
tout premier film d’animation entièrement réalisé à Maurice puis- afin d’assurer votre sécurité mais aussi celle des passagers et des usagers
que Sandcastle Studios est installé à Forbach depuis 2018. Jungle de la route. Jaguar Land Rover a lancé ce plan d’entretien pour permet-
Beat : The Movie est une production de classe internationale, qui a tre à ses clients de rouler en toute tranquillité », souligne Armand Fleur
été sélectionnée parmi les dix finalistes du Festival d’Annecy 2020. d’Epine, Brand Manager de Jaguar Land Rover chez Axess.
TF1, TMC et LCI arrivent
sur myCANAL
L’application myCANAL compte désormais trois chaînes
de plus. TF1, TMC et LCI sont désormais accessibles en live
sur myCANAL, aux abonnés des OFFRES CANAL+, selon
leurs formules d’abonnement. TF1 offre des programmes de
divertissement phares, très appréciés par les téléspectateurs.
« The Voice », « Sept à Huit » ou la série « The Resident » en
sont quelques exemples. LCI, qui a fêté ses 25 ans en 2019,
est la première chaîne d’information en continu lancée en
France. Toute l’actualité et les débats sont au cœur de dette
chaîne. TMC est, pour sa part, une chaîne généraliste dans
l’air du temps. La diffusion des émissions telles que Le Quo-
tidien de Yann Barthes, a marqué un tournant dans sa ligne
éditoriale, qui se veut moderne et décalée.
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