Mauritius Telecom , in which France Telecom SA holds 40 percent, plans to start trading its shares on the Indian Ocean island nation’s bourse, pending approval from the government, Chairman Appalsamy Thomas said.
Air Mauritius Ltd., sub-Saharan Africa’s fourth-biggest airline, declined for a seventh day, its longest losing streak in more than eight years.
Ciel Textile Ltd., a Mauritian apparels company with operations in Madagascar and Asia, rose the most in more than eight months.
Mauritian Finance Minister and Deputy Prime Minister Xavier Luc Duval resigned, saying he rejected Prime Minister Navin Ramgoolam’s proposed electoral reforms.
Omnicane Ltd., a Mauritian sugar producer with interests in energy, advanced to the highest in a month after saying its loss narrowed in the second quarter.
Eversheds LLP is expanding in Africa by combining with law firms based in South Africa and Tunisia.