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💬 THE BIG STORY
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20% costlier materials, Rs 15,000 extra per container: Hormuz is now a local crisis
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The war in the Middle East is no longer just a geopolitical headline. It is showing up on Mauritian balance sheets. Freight costs for a standard 20-foot container have risen by Rs 15,000, as shipping lines price in risk, container shortages, and an insurance industry that has retreated from routes near the Strait of Hormuz. On some routes, the total increase has hit 15 to 30 per cent. "A shortage of crew members, a lack of available containers, and especially insurers' reluctance to cover ships using risky maritime routes," was how Afzal Delbar, director of Silver Line Services Ltd, described the squeeze.
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Building material prices are up 20%, forcing several projects to a halt across the island, says Ravi Gutty, President of the building and civil engineering sector. Construction has taken the hardest blow. Contractors who locked in quotes months ago are absorbing the difference on every shipment. The tech sector has its own problem: Jenny Chan, newly re-elected president of OTAM, the outsourcing and telecommunications association, warned this week that 15 per cent energy price hikes are pricing Mauritian IT firms out of the innovation race.
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Junior Minister Kugan Parapen pushed back on the crisis framing. "We are not heading toward an economic crisis, but toward difficult times that must be managed with lucidity," he said, noting government has absorbed rising fuel costs for six weeks to delay the shock to consumers, at a cost to the budget deficit.
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When your import bill rises 20% and your biggest trading route is blockaded, "difficult times" is doing a lot of heavy lifting.
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🇲🇺 IN MAURITIUS
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A month without a deputy PM: who replaces Bérenger?
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Who replaces Paul Bérenger as Deputy Prime Minister? A month on, the answer is still unclear. Constitutional lawyer Parvez Dookhy now warns the vacancy may not be legal: the DPM post is one of three constitutionally mandatory offices alongside the PM and the Attorney General, and the opposition could petition the Supreme Court to force the appointment.
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Arianne Navarre-Marie, Minister of Gender Equality and Family Welfare, has emerged as the front-runner after the Mouvement Militant Mauricien (MMM) political bureau unanimously proposed her name to PM Navin Ramgoolam. "Whatever responsibility the Prime Minister gives me, I believe I will be capable and will fulfill it dutifully," she said Thursday, at a community event in Terre Rouge. The decision, she was careful to add, is the PM's alone.
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She'll take "whatever" is offered. Either political wisdom or a very rehearsed audition.
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Mauritius gives the UK until July to close the Chagos deal
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Attorney General Gavin Glover made it official Wednesday: Mauritius will wait until the end of July for the UK to finalise the Chagos Islands agreement. "We give them until the end of July," he said, after meetings with a British delegation and PM Ramgoolam. After that, Mauritius "will have to decide on next steps."
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The deal hands sovereignty of the Indian Ocean archipelago to Mauritius while letting the UK and US keep the Diego Garcia military base. It has been frozen since February, after Donald Trump called it a "grave mistake" and made American approval a precondition. Washington has not responded.
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Quatre-Bornes is now the island's chikungunya hot spot
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59 new cases in a single 24-hour window pushed Quatre-Bornes to the top of the island's outbreak map, making it the new chikungunya epicentre. Health authorities are struggling to contain the spread as many infected patients continue to flout mandatory isolation orders. An urgent plea for public cooperation went out Thursday.
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Mpox and leptospirosis are also circulating this week. The health bulletin has been unusually crowded.
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Jockey faces homicide charge after motorcyclist dies five days on
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Rye Joorawon will appear before the Pamplemousses court Friday on a provisional homicide charge, after the negligent assault case against him was upgraded following his victim's death. Muzzafar Pacquet, 27, from Terre Rouge, had been in intensive care since April 18, when Joorawon's van allegedly ran a red light and struck his motorcycle. Safe City cameras captured the collision; Pacquet died Wednesday evening.
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🗞️ SHORTS
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Mpox: one patient still untraced – Both confirmed mpox cases are linked to Madagascar travel; contact tracing is ongoing after one patient left hospital without completing treatment.
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Bérenger: MMM will collapse in six months – Paul Bérenger predicted his former party will dissolve within 3 to 6 months; his new formation reveals its name and logo this Saturday.
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Officer arrested in Rose Belle drugs sweep – Anti-Drug Squad (ADSU) officers stopped a vehicle at Nouvelle France on April 20 and found heroin and synthetic drugs; a serving constable from Plaine Magnien was among the three charged with trafficking.
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Parliament moves to ease minor conviction records – A bill by Attorney General Gavin Glover to replace the Certificate of Character Act aims to cut employment barriers for people convicted of minor offences.
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Laura Travady lands back to face murder charge – Companion of Bryan Alifoykooye, found slain in Curepipe, Travady was repatriated Thursday under police escort after her April 11 arrest in Rodrigues.
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🔢 BY THE NUMBERS
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Rs 13 billion drop in Bank of Mauritius income
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The Bank of Mauritius reported a sharp decline in total comprehensive income, from Rs 52 billion in February to Rs 39 billion in March 2026, a fall of approximately Rs 13 billion in a single month. The central bank has not yet offered a public explanation for the decline.
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32,000 preventable deaths if South Africa delays coal phase-out
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Climate groups including Greenpeace and CREA warned this week that extending the life of South Africa's coal plants could cause up to 32,000 preventable deaths between 2026 and 2050. Two plants are licensed to run until 2050, and coal provides 80% of the country's electricity. "Coal's true cost is being hidden in hospitals and in early graves," said Greenpeace's Cynthia Moyo.
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$1.25 billion raised in the DRC's first international bond
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The Democratic Republic of Congo raised $1.25 billion in its debut Eurobond issuance, with investor demand nearly four times the amount on offer. Funds are earmarked for a new Kinshasa airport terminal, road infrastructure, and a hydroelectric plant. Congo's low debt (roughly 20% of GDP) and its vast reserves of cobalt and copper drew the outsized appetite.
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🌍 IN OUR BACKYARD
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South Africa's police chief suspended over a R360m health contract
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President Cyril Ramaphosa suspended National Police Commissioner Fannie Masemola Thursday, after charges that he violated public finance rules to award a 360-million-rand health services contract to a company with suspected links to organised crime. Only 50 million rand changed hands before the contract was cancelled.
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"In consideration of the seriousness of these charges and the critical role that the national commissioner of police plays, I have agreed with General Masemola that he be deemed to be on precautionary suspension," Ramaphosa said. Lieutenant General Puleng Dimpane, described as having a "reputation for professionalism and integrity," steps in as acting commissioner.
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With municipal elections in November, Ramaphosa needed this to look decisive. Whether the prosecution goes anywhere is a separate question.
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Tanzania's bloody October: 518 confirmed dead after election violence
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A government commission confirmed 518 deaths linked to violence that erupted around Tanzania's October 2025 general election, in which President Samia Suluhu Hassan won with 98% of the vote. The inquiry found 490 men, 21 children, and 16 security officers among the dead. The violence hurt more than 2,000 people.
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Opposition party Chadema dismissed the findings as a "cover-up," insisting thousands died and citing mass graves the commission said it could not substantiate, noting some figures had used AI manipulated images to inflate the toll. Recommendations include a national mourning day, free medical care for survivors, and a new constitution by 2028.
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Seychelles deepens ties with Russia as Herminie visits the Kremlin
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Seychellois President Patrick Herminie met Vladimir Putin at the Grand Kremlin Palace Wednesday, agreeing to deepen cooperation across fishing, tourism, agriculture, energy, and education. Russia is already a significant tourism market for Seychelles, and both sides are in talks with Aeroflot on direct flights. As a gesture of goodwill, Herminie invited a Russian military contingent to attend Seychelles' 50th independence celebrations in June.
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Putin still faces an International Criminal Court (ICC) arrest warrant. The Indian Ocean is finding it easier to look past that than most.
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🗺️ AROUND THE WORLD
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Oil crosses $106 as Trump seals off the Strait of Hormuz
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Brent crude jumped nearly 5% to $106.80 per barrel Thursday, as the standoff at the Strait of Hormuz settled into something that looks less like a crisis and more like a new normal. Daily ship transits have collapsed from 129 to just 9. Donald Trump ordered the US Navy to destroy Iranian vessels laying mines and declared the waterway "sealed up tight" until Tehran signs a deal.
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Iran's Revolutionary Guard seized two more foreign ships: the Panamanian-flagged MSC Francesca and the Greek-owned Epaminondas, claiming both operated without permits. The Pentagon confirmed it has now intercepted 33 vessels since imposing the blockade. Greece disputes the Epaminondas seizure.
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S&P 500 fell 0.41%, the Nasdaq fell 0.89%, markets are starting to price in a longer standoff.
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Meta cuts 8,000 jobs and Microsoft offers buyouts as Big Tech banks on AI
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8,000. That is the number of Meta employees being cut in the company's largest layoff round since 2023, roughly 10% of its global workforce. Another 6,000 positions will go unfilled. The stated reason: reallocation toward AI infrastructure, including a $1 billion data centre under construction in Tulsa, Oklahoma. Meta's total expense bill for 2026 is projected at up to $169 billion.
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Microsoft took a gentler route, offering voluntary buyouts to 8,750 US employees, about 7% of its domestic workforce. "Our hope is that this program gives those eligible the choice to take that next step on their own terms," said Amy Coleman, the company's Chief People Officer. Both stocks fell on the news.
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US soldier bet $400,000 on Maduro's removal using classified military intel
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Gannon Ken Van Dyke, a 38-year-old soldier at Fort Bragg, was charged Thursday with using classified knowledge of Operation Absolute Resolve to place bets on Polymarket, an online prediction platform where users wager real money on geopolitical outcomes. Van Dyke made 13 bets between late December 2025 and early January 2026, increasing his stakes to $7,215 per bet as the US military operation against Venezuelan President Nicolás Maduro drew closer. He walked away with over $400,000, transferred to a foreign crypto account.
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He asked Polymarket to delete his account on January 6th. The military operation happened on January 3rd.
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He had the script. The delete request came two days too late.
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🧠 THE DEEP END
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The tiny mountain kingdom that quenches Johannesburg's thirst
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Every time someone in Johannesburg turns on a tap, there is a 60% chance that water came from Lesotho. A country of just 2 million people, entirely surrounded by South Africa, have quietly become one of its most valuable neighbours.
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The Senqu Bridge, 825 metres long and built at a cost of $144 million, just opened in the Lesotho Highlands. It is the centrepiece of the Lesotho Highlands Water Project, a scheme to pipe mountain water into South Africa's economic heartland. Once complete, it will push annual exports from 780 million cubic metres to over 1.27 billion.
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Lesotho: landlocked, surrounded, and somehow South Africa's most important upstream neighbour.
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