globally. Furthermore‚ it will demonstrate that there is a valid case for implementing Islamic Finance along with conventional banking‚ assess if past and current experiences from other countries can help in the implementation of same in Mauritius and whether Mauritius is ready to face the challenges. This study will also help individual and institutional investors in opting for ‘better’ investment strategies and policy makers will be able to
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Mauritius At a Glance History Mauritius is an island‚ of volcanic formation‚ located in the centre of the Indian Ocean and has an area of 2‚040 km square. The island was first visited briefly in the years 1500-1600 by the Arabs‚ Portuguese and Dutch. The latter inhabited the island for almost a century and departed in 1710 while leaving the sugarcane plantation they had introduced. In 1715‚ the French then took control of Ile De France (as the country was then known). In 1810‚ the French surrendered
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CONSTITUTION OF MAURITIUS Chapter I – THE STATE AND THE CONSTITUTION Article1.The State Mauritius shall be a sovereign democratic State‚ which shall be known as the Republic of Mauritius. Article 2.Constitution is supreme law This Constitution is the supreme law of Mauritius and if any other law is inconsistent with this Constitution‚ that other law shall‚ to the extent of the inconsistency‚ be void. Chapter II – PROTECTION OF FUNDAMENTAL RIGHTS AND FREEDOMS OF THE INDIVIDUAL Article 3.Fundamental
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HISTORY OF MAURITIUS Mauritius was discovered by the Portuguese in 1507 and was later occupied by the Dutch‚ from 1598 up until 1710. In 1715‚ it came into the possession of the East India Company and in 1767‚ that of the King of France‚ who christened it ‘Ile de France’. Captured by the British in 1810 and then acknowledged by the Treaty of Paris in 1814‚ the British allowed the French settlers to use their language and their civil code. Many of the settlers remained and made up a group of Franco-Mauritian
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Mauritius sets up committee to evaluate the Euro crisis APA - Port Louis (Mauritius) The Mauritius government has set up a crisis committee in order to evaluate the crisis that is presently hitting the Euro Zone and its effects on the local economy‚ APA learns in the Mauritian capital Port Louis on Friday. At a meeting held Friday in Port Louis‚ the Finance Minister Pravin Jugnauth indicated that the Euro has reached its lowest rate of exchange in relation to the US Dollar‚ and that such a
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Cyclones in Mauritius Cyclones in Mauritius While the south-east trade wind blows the whole year through and actually is a harmless and even pleasant event‚ in case of the cyclones the situation gets serious. They are also winds that are originated by the strong sun radiation‚ but they are tremendously more fiercely and destructive. Cyclones are originated during the months January up to March‚ when the sun is already returning from the southern tropic in direction to the northern tropic; While
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MAURITIUS NATIONAL PROGRESS REPORT OF THE SPECIAL SESSION OF THE GENERAL ASSEMBLY ON CHILDREN – “A WORLD FIT FOR CHILDREN” MINISTRY OF WOMEN’S RIGHTS‚ CHILD DEVELOPMENT‚ FAMILY WELFARE AND CONSUMER PROTECTION December 2006 1 National Progress Report of the Special Session of the General Assembly on Children – “A World Fit for Children” INTRODUCTION Since 1991 the Ministry of Women’s Rights‚ Child Development‚ Family Welfare and Consumer Protection is mandated to cater for children
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scene. Is cultural diversity in Mauritius a myth? The online Oxford dictionary defines culture as’ the ideas‚ customs‚ and social behaviour of a particular people or society.’ In our case‚ we think of the Mauritian culture and the different cultures of the various ethnic groups in the island. Fact: 69% of the population is Indomauritian‚ 1.7%‚ Francomauritian‚ 27 %‚ descendants of African slaves and 3% Sinomauritian. What makes these cultures different? In Mauritius‚ inevitably‚ culture is linked
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TOURISM IMPACT ON THE ENVIRONMENT OF GABORONE GAME RESERVE AND STRATEGIES USED TO MINIMIZE THE IMPACTS WITH THE HELP OF STAKEHOLDERS Gaborone Game Reserve was established in 1988 as a wildlife education centre. Although small‚ at just under 600 hectares‚ it is now the third busiest reserve in the whole of Botswana. The park has network of game viewing roads‚ a visitor’s education centre‚ picnic sites with barbeque stands set among tall trees‚ a ‘hide’ for viewing game around waterhole and a ‘bird
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THE POSITIVE AND NEGATIVE IMPACTS OF TOURISM INTRODUCTION What comes to mind when you think about tourism? Hopefully fun‚ relaxation‚ good food‚ perhaps adventure. Tourism is possibly the greatest people-moving pursuit on the planet today‚ as well as one of the highest-grossing industries. Tourism Is one of the remarkable success stories in modern times because it can earn huge amount of money at stake. Tourism is important in many ways in the world it can be for leisure business
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