News highlights for the week of the 15th of July: Mauritius has fastest internet in Africa

Emtel named fastest network in Africa

Mauritius has been recognized for having the fastest mobile internet in East Africa, with the Emtel network leading the way. This accolade highlights the country's advancements in digital infrastructure and its commitment to providing high-speed internet access to its citizens. The recognition is expected to boost Mauritius's reputation as a growing tech hub in the region and encourage further investments in the telecommunications sector​​.

Imported fruit shortages and price increase expected

Consumers in Mauritius are bracing for shortages and price hikes in imported fruits. This development is attributed to supply chain disruptions and increased freight costs, which have made it more challenging to import certain fruits. The scarcity and rising prices of these products are expected to impact household budgets and increase the cost of living. Indeed, the cost of food products in Mauritius has seen a notable increase, putting additional pressure on household budgets. The rising prices are part of a broader trend of increasing living costs on the island. Many families are finding it difficult to afford their regular grocery shopping, prompting calls for government intervention to stabilize prices and ensure affordability for essential goods​.

In the same vein, importers in Mauritius are raising concerns about the rising costs of freight, which are significantly impacting the prices of imported goods. The increase in shipping costs is being passed on to consumers, contributing to the overall rise in the cost of living. Importers are calling for measures to mitigate these costs and prevent further economic strain on both businesses and consumers​.

Finance Bill to address remote work abuse

The Mauritian government is set to introduce measures to prevent the abuse of remote work through the Finance Bill. This legislative initiative aims to establish clear guidelines and protections for employees working remotely, ensuring fair practices and preventing exploitation. The bill is part of broader efforts to modernize labor laws and adapt to the changing work environment​​.

Luxury residences expected to reach 6,000 sales by year-end

According to forecasts by the Economic Development Board (EDB), the sale of luxury residences in Mauritius is expected to reach 6,000 by the end of the year. This surge in high-end property transactions reflects the growing interest in Mauritius as a prime destination for luxury real estate. The increase in sales is driven by both local and international buyers, attracted by the island's lifestyle, climate, and investment opportunities.