One of the most dramatic ways in which the 19th century affected slavery was the abolishing of the slave trade from outside the United States in 1808 by an act of Congress. Despite this, slavery itself remained an institution until the end of the American Civil War in 1865. The last slave ship to arrive on American soil was the Clotilde, illegally smuggling African slaves into Mobile, Alabama in 1859. While the trading of slaves was abolished, the antebellum South still had more than its fair share of slaves to work the cotton fields and raise the South’s ...
Essays on Mauritius
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Who was Lowe Kong Meng?
Lowe Kong Meng was a British subject of China heritage, who lived in Penang. He went to school in Penang and Mauritius and later became a successful businessman by trading goods in Mauritius, Singapore, and Calcutta. When he heard about the gold rush in Australia, he rushed there too and established the Little Bourke Street, late buying some gold minds and accumulating ships and wealth, and even sitting on the boards of New Commercial Bank of Australia. He was revered by the Chinese people, as he pushed for their rights to be allowed to immigrate. He was a diplomatic ...
The role and regulation of Mauritius financial institutions
Mauritius is the largest island in the world. It is one of Africa’s economy that is stable, competitive and success. The state of the economy has enabled the country to be both vibrant and thriving in sectors such as the export sector, offshore financial sector, and manufacturing. The success has allowed the country to attain a Gross Domestic Product of $11.9b. Also, its convenient position has enabled it to be an established international financial center with easy access to Asia, Europe Middle East and South Africa enabling active investment. The report aims to understand the roles and regulation ...
How the Changes in the Insolvency Act of Mauritius in 2009 Have Changed How Mauritius Handles Bankruptcy and Insolvency?
Insolvency is having more debts then assets that are available to pay them. Insolvency is also determined when a bankruptcy court decides that a person or a business cannot earn the needed funds to pay off all of their debts. The court can then choose to discharge some or all of the debts. This leaves the creditors not getting the money that they are owed. In many cases the insolvent is permitted to retain a few assets. The changes brought to the insolvency act of Mauritius in 2009 have modernized the way Mauritius deals with bankruptcy and insolvency. This ...
In the contemporary business practices, quality management methods and tools are widely used to enhance the productivity and quality of the organizational processes, operations, products, and services. Quality management is a comprehensive framework that works parallel to the organization involving all units, stakeholders, departments, and operations, enabling it to grow consistently. Quality assurance and quality controls are the two major complement of a quality management system that comes with quality planning and quality improvement. This paper elucidates the significance of quality assurance and quality control in the modern business arena. Considering the example of Air Mauritius, the paper elucidates ...
Executive Summary
This report is intended to give a critical overview of the strategic position of Essar Energy by making an analysis of the current position of the company by the use the balanced score card. An analysis is made on the three non financial aspects; the customer perspectives, the internal process perspectives and the learning and growth perspectives in relation to the financial performance and position of the company to draw a conclusion on the strategic direction that the company ought to make so as to successfully achieve its stated strategic vision. Essar Energy’s financial performance in the financial period ending ...