BIZweek n°280 6 mar 2020
BIZweek n°280 6 mar 2020
  • Prix facial : gratuit

  • Parution : n°280 de 6 mar 2020

  • Périodicité : hebdomadaire

  • Editeur : Capital Publications Ltd

  • Format : (260 x 370) mm

  • Nombre de pages : 7

  • Taille du fichier PDF : 1,5 Mo

  • Dans ce numéro : instances commerciales, survol de nos importations et exportations en chiffre.

  • Prix de vente (PDF) : gratuit

Dans ce numéro...
< Pages précédentes
Pages : 6 - 7  |  Aller à la page   OK
6 7
VENDREDI 06 MARS 2020 BIZWEEK ÉDITION 280 POTENTIAL IMPACT OF THE CORONAVIRUS EPIDEMIC What We Know and What We Can Do We all recognize that the situation with the spread of the coronavirus is very serious and could well get worse. This affects us all. Let me start with what we know and what we don’t yet know about the coronavirus and then how the global community can support those affected by this crisis in an effective and coordinated way Kristalina Georgieva Managing Director International Monetary Fund 04 March 2020 We know that the disease is spreading quickly. With over one-third of our membership affected directly, this is no longer a regional issue—it is a global problem calling for a global response. We also know that it will eventually retreat, but we don’t know how fast this will happen. We know that this shock is somewhat unusual as it affects significant elements of both supply and demand : Supply will be disrupted due to morbidity and mortality, but also the containment efforts that restrict mobility and higher costs of doing business due to restricted supply chains and a tightening of credit. Demand willalso fall due to higher uncertainty, increased precautionary behaviour, containment efforts, and rising financial costs that reduce the ability to spend. These effects will spill over across borders. Experience suggests that about one-third of the economic losses from the disease will be direct costs  : from loss of life, workplace closures, and quarantines. The remaining two-thirds will be indirect, reflecting a retrenchment in consumer confidence and business behaviour and a tightening in financial markets. The good news is that financial systems are more resilient than before the Global Financial Crisis. However, our biggest challenge right now is handling uncertainty. Under any scenario, global growth in 2020 will drop below last year’s level. How far it will fall, POST SCRIPTUM and for how long, is difficult to predict, and would depend on the epidemic, but also on the timeliness and effectiveness of our actions. This is particularly challenging for countries with weaker health systems and response capacity—calling for a global coordination mechanism to accelerate the recovery of demand and supply. How to Respond at the Country Level The number one priority in terms of fiscal response is ensuring front-line health-related spending to protect people’s wellbeing, take care of the sick, and slow the spread of the virus. I can’t emphasize enough the urgency of steppingup health-related measures—and the need to ensure the production of medical supplies so that supply is at par with demand. Second, macro-financial policy actions may be required to tackle the supply and demand shocks that I mentioned above. The aim should « no regret » actions that shorten and soften the economic impact. They should be timely and targeted to the sectors, businesses, and households hardest hit. A generalized weakening in demand through confidence and spillover channels—including trade and tourism, commodity prices, and tighter financial conditions—would call for an additional policy response to support demand and ensure an adequate supply of credit. Third, adequate liquidity willalso be needed to offset financial stability risks. In short, the situation is evolving rapidly and we should stand ready to provide a more forceful, coordinated response if conditions require it. Along these lines, I welcome the statement from the G7 yesterday that they are ready to cooperate further on timely and effective measures. How the Fund Can Help For our part, the Fund is ready to help its membership. The IMF is making available about $50 billion through its rapid-disbursing emergency financing facilities for low-income and emerging market countries that could potentially seek support. Of this, $10 billion is available at zero interest for the poorest members through the Rapid Credit Facility. There are many members at risk, including those with weak health systems, inadequate policy space, commodity exporters exposed to termsof-trade shocks, and others that are particularly vulnerable to spillovers. I am particularly concerned about our low-income and more vulnerable members—these countries may see financing needs rise rapidly as the economic and human cost of the virus escalates. Our staff are currently working on identifying vulnerable countries and estimating potential financing needs should the situation deteriorate further. The Fund has resources available to support the membership : Thanks to the generosity of our shareholders, we have about $1 trillion in overall lending capacity. For low-income countries, we have rapid-disbursing emergency financing ofup to $10 billion (50 percent of quota of eligible members) that can be accessed without a full-fledged IMF program. Other members can access emergency financing through the Rapid Financing Instrument. This facility could provide about $40 billion for emerging markets that could potentially approach us for financial support. We also have the Catastrophe Containment and Relief Trust—the CCRT— which provides eligible countries withup-front grants for relief on IMF debt service falling due. The CCRT proved to be effective during the 2014 Ebola outbreak, but is now underfunded with just over $200 million available against possible needs of over $1 billion. I called on member countries to help ensure that this facility is fully re-charged and ready for the current crisis. The Fund is fully committed to supporting our member countries, particularly the most vulnerable ; we have the tools to help ; and we are coordinating closely with our partner institutions. 6
VENDREDI 06 MARS 2020 BIZWEEK ÉDITION 280 sa création, la MCCI a joué un rôle « Depuis prépondérant dans la croissance économique et la prospérité de Maurice. Elle a permis de trouver des solutions auprès de tous les acteurs économiques, aussi bien du secteur public que du secteur privé, tout en forgeant des partenariats solides avec eux », a soutenu Marday Venkatasamy, président de la MCCI. De son côté, le Premier ministre a profité de cette occasion pour présenter sa vision économique pour les cinq prochaines années aux membres de la communauté ADMINISTRATION Jessie sappaya MARKETING ET PUBLICITÉ Émall  : 5. Antonio Street, Port Louis Tél  : (+230) 2111/44. 2117.742Fax ; +230) 21371,14 Emaii  : DEBRIEF 170E ANNIVERSAIRE La digitalisation, un des dossiers prioritaires pour la MCCI C’est une nouvelle ère qui s’ouvre pour la Mauritius Chamber of Commerce and Industry (MCCI). L’institution, porte-parole de la communauté des affaires mauriciennes, a célébré son 170e anniversaire le 25 janvier 2020. L‘institution a saisi cette occasion pour présenter les chantiers prioritaires sur lesquels se focalisera son engagement, notamment la digitalisation des activités économiques des affaires. « Pour les cinq années à venir, le gouvernement a pour but de faciliter les démarches pour les entreprises. Il existe de nouvelles possibilités pour le monde des affaires à Maurice, notamment grâce à l’émergence de nouveaux secteurs d’activité, tels que la FinTech et l’intelligence artificielle, de même que le soutien qu’il est nécessaire d’apporter aux industries existantes », a-t-il affirmé. La digitalisation sera l’un des dossiers prioritaires pour la MCCI. La Chambre, à travers une série de mesures et une action soutenue, s’engage à accompagner l’évolution de l’industrie vers les nouvelles technologies. L’objectif est de permettre aux entreprises d’adopter les nouveaux outils numériques afin d’améliorer leur fonctionnement et, in fine, dynamiser leur croissance. L’idée est d’aider les compagnies à profiter de nouvelles possibilités, telles que le paiement et le marketing en ligne. Cela permettra également une meilleure mise en réseau de toutes les parties concernées, tout en leur donnant accès à de nouveaux marchés pour la commercialisation de leurs produits et services. Mahmad Aleem Bocus appointed Chairperson of the Competition Commission The Competition Commission announced, on 4 March, the appointment of Mahmad Aleem Bocus as its Chairperson with effect from 25 February. Mr Bocus has been appointed by the President of the Republic of Mauritius on the advice of the Prime Minister given after consultation with the Leader of the Opposition pursuant to Section 7 (1) of the Competition Act 2007. Mr Bocus is a Barrister at Law currently in private practice. Prior to joining the Competition Commission, Mr Bocus was the Chairperson of the Information and Communication Technologies Authority (ICTA) and Board Member of the Independent Broadcasting Authority from March 2017 to October 2019. He was the Director of Legal Affairs/Board Secretary of ICTA between August 2002 and January 2006. Mr Bocus had previously served as a District Magistrate/Senior District Magistrate in Mauritius and visiting District Magistrate in Rodrigues. He had also acted as Temporary State Counsel. Kanuhura Maldives awarded ‘Global Best Employer Brand Award’Kanuhura Maldives has been awarded the « Global Best Employer Brand Award » by Employer Branding Institute. This now renowned institution features the Top Organisations who are exemplary and used marketing communications effectively for Human Resources Development & Hospitality Industries. The Sun Resorts property in Maldives is the only Resort in the Maldives receiving this award. Kanuhura Maldives was selected for its hospitality strategy, diversified cultures, employee Benefits & engagement and equal opportunities to women leaders. This award has been conferred to Top Ten hotels in entire Asia during a Ceremony in Mumbai on 16th February. TEAM B of UoM namedwinner of local CFA Institute Research Challenge CFA Society Mauritius announced this week that University of Mauritius - Team B has won the local round of the 2020 CFA Institute Research Challenge and willadvance to the Regional competition in Dead Sea Area, Jordan, where they will face other universities from across Europe, the Middle East, and Africa. Winning team members, including Anshika Soobban, Aïsha Aqeelah Elahee, Hemavathee Manick, Mohammad Nayaz Rojid and Rovena Choytah, presented their analysis and buy/sell/hold recommendation on MCB Group Ltd to a panel of distinguished judges from the investment community, including Krishen Patten, CFA, (Chief Risk Officer of Axys Investment Partners), Michael Ng Thow Hing, CFA, (former Chief Investment Officer, Deputy CEO and Head of Asset Management) and Philippe Koch, CFA (Managing Partner of Miltenberg Capital Ltd). Les Promenades d’Helvetia accueille ses premiers propriétaires Les premiers propriétaires ayant fait l’acquisition d’appartements aux Promenades d’Helvetia ont pris possession de leurs clés le mois dernier. Un moment qui restera gravé dans les mémoires  : à ce jour, c’est en effet la seule Smart City de l’île Maurice à avoir livré ses premiers biens immobiliers. D’autres blocs d’appartements sont en ce moment en construction, avec de nouvelles livraisons prévues au mois de juin. Ce nouveau volet du développement des Promenades d’Helvétia compte un total de 33 unités, dont des studios, appartements et penthouses. Il offre aux résidents un maximum de pièces tournées vers le nord et un accès piétonnier direct sur la Promenade. Le développement conserve l’élégance architecturale caractéristique d’Helvetia, rappelant les toitures inclinées et les lignes épurées des charmantes demeures mokassiennes. Opération endovasculaire réussie de l’anévrisme aortique (EVAR) par une équipe 100% mauricienne C’est une première à Maurice. Une équipe médicale, dirigée par le Dr Kunal Sibartie, a réalisé la première opération endovasculaire d’un anévrisme aortique, et ce, sans la contribution de médecins étrangers. Cette intervention chirurgicale de pointe s’est déroulée à la Clinique Darné, à Floréal, le 24 janvier 2020. C-Care, filiale de CIEL Healthcare et propriétaire de Clinique Darné et Wellkin Hospital, confirme ainsi son positionnement comme un pôle d’excellence médical dans l’Océan Indien. Pour cette intervention, les médecins ont utilisé la chirurgie endovasculaire. Mini-invasive et innovante, elle consiste à passer par les artères fémorales, par le biais d’une incision faite au niveau du pli de l’aine. Le chirurgien est alors en mesure, à travers les vaisseaux, de traiter la partie affectée de l’aorte par la pose d’une endoprothèse vasculaire, c’est-à-dire un stent recouvert d’un tissu synthétique. 7

1 2-3 4-5 6-7 7

Autres parutions de ce magazine  voir tous les numéros

Liens vers cette page
Couverture seule :

Couverture avec texte parution au-dessus :

Couverture avec texte parution en dessous :