SA Banks Hit by Mauritius Tax Hikes
Mauritius faces a crucial test of its long-standing status as a low-tax gateway for cross-border capital as a raft of new corporate taxes threatens to erode bank profitability, according to Moody’s Ratings. Banking Sector Profitability Under Pressure in Mauritius Lenders across the Indian Ocean financial hub are grappling with a tightening fiscal regime designed to … Read more