"Corporate Governance is concerned with holding the
balance between economic and social goals, and between individual
and communal goals...the aim is to align as nearly as possible the
interests of individuals, corporations and
society."
Sir Adrian Cadbury Corporate Governance Overview, 1999 World
Bank Report
The publication of the New Code of Corporate Governance (the
"New Code") is undoubtedly an important step for the
Mauritian Business community and will definitely be an opportunity
for Mauritius to maintain its reputation as being a leader in the
field of Corporate Governance and keep its first place in the Mo
Ibrahim Index for Governance in Africa.
The Survey conducted by the National Committee of Corporate
Governance in 2014 demonstrated that the 12 years old Code issued
in 2003 needed to be revised in order to align with international
standards and for Mauritius to learn from the corporate governance
crisis faced with the collapse of the BAI and Bramer
