Tough new international rules on tax havens are forcing Mauritius’s offshore banks to evolve. Like other parts of the economy, the financial sector is looking to Africa for growth as it also moves ...

JOHANNESBURG, Sept 18 (Reuters) - Standard Bank (SBKJ.J), opens new tab, Africa's largest bank by assets said on Wednesday it will allow small to mid-sized businesses operating on the continent to do ...

The government wants to double the size of the financial sector within the next 12 years, but to do that it needs to find new growth strategies and respond to international pressure on jurisdictions ...

Mauritius is betting that political stability and free-market reforms will vault it into the ranks of high-income nations. But first, it needs more foreign investment. Since he entered office two ...

What Is an Offshore Bank Account? An offshore bank account is a bank account that a person or company opens in a country outside their own. This practice, known as offshore banking, is not necessarily ...

PORT LOUIS (Reuters) - Mauritius' offshore sector countered the global downturn with a 25 percent gain in pre-tax profits during the 2008/09 financial year, the Financial Services Commission (FSC) ...

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Offshore banking consists of keeping money in a financial institution located outside your country of residence. To open an offshore bank account, you'll need documentation for proof of identity, such ...