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● Gamma Civic to build highest tower in Ebène</B> ? The property exhibition in Cannes will be the opportunity for Mauritian promoters to present their major projects. Besides the Highlands project, the Board of Investment (BOI) also intends to present the country?s highest tower to be built in Ebène. The International Financial Centre should be ready in 2010 to become a regional center of finance. The promoter Gamma Civic and the architects from HOK International Cabinet want to make of this tower a reference financial area for the whole region. The brand new building will accommodate 24 floors with 1,496 meters of modern office space on each floor. The top of the building will be illuminated at night so that the building will be visible miles around. The investment will reach Rs 2 billion.
● <B>Manupan goes bankrupt</B> ? Employees of Manupan could be settled on their future today. The dismissal letters of the 300 employees were frozen until today because they could well keep their jobs if the company finds someone to buy it out. The State intends to inject money into the company to pay the employees? wages this month. For the receiver manager, Raj Gangoosirdar, the State will then be faced with two possibilities. ?Either it becomes the partner of the company taking up Manupan or it sells its shares to the new company.? For the latter, the main reasons for the financial situation of Manupan were a lack of capital as well as a lack of vision.
● <B>For more transparent price fixing </B>? The Bank of Mauritius appeals to the food supply chain. Even though the bank?s second vice-governor, Ahmad Jameel Khadaroo, has acknowledged that the upward trend of food prices was mostly due to international factors ? rise in the demand of raw materials and drop in the offer of these products mainly because of bad climatic conditions ? he nevertheless said that there were also internal causes for this. As a result he asked for more transparency in the fixing of such prices.
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