Wednesday, August 28, 2013

GML Boss Spends Monday Night in Jail

After being picked up by the CCID at the airport. And in connection with the the import of one super car. The media has reported millions being transferred to the account of one returning resident.

The ex-Chairman of GML -- one of the island's largest group by turnover -- is not the only one being investigated. Indeed Ernst and Young have also purchased pricey cars from SS Motors.

Friday, August 23, 2013

Civil Service Hostage of Finance Ministry

So says union boss Rashid Imrith. He reminded us that one Audit report mentioned that less than half of the occupational health and safety inspections were carried out. And that one Minister blamed the Ministry of Finance for not being able to operate his Ministry normally.

This is not exactly new stuff. Ministers between 2005 and 2010 have personally told me that Sithanen kept babbling a pair of words: pena kas. And now the CWA has started applying cuts again. Which gives us an idea of the credibility of the so-called reforms.

Imrith has also given XLD one week to meet with union leaders. Before they make a statement to the Police.

Btw, don't forget to send your best wishes.

Wednesday, August 14, 2013

BOI To Promote Occupational Permits Overseas

Because it wants to increase the number of people holding them by 500-700 to 5,000 according to Le Mauricien. If that's true then dumbness has become a national disease. Because we have a serious problem of unemployment in this country -- probably close to 12% -- and many thousands of young graduates are not able to find jobs let alone meaningful ones. Let us not even talk about the likelihood they'll be able to buy a decent house with all the real-estate speculation that has been going on for 7-8 years now. And frankly I don't think that's the way you solve one of the worst cases of brain-drain in the world.

The BOI should definitely get serious about the types of investments and people that are allowed to come in our country. Young graduates should be allowed the maximum of opportunities to get smart.

Michio Kaku on Civilisation Paths

How Robin Sharma Beat Laziness