Ponzi scheme fells top Britam owner’s Mauritius bank A Mauritian bank, Bramer Banking Corporation (BBCL), associated with Britam’s director and top shareholder Dawood Rawat has lost its licence after it was found to have been running a Ponzi scheme. Mr Rawat is the single largest investor in Britam, which is…

The Central Bank has licensed SUMAC DTM as the 8th DTM to focus on Small and Medium Enterprises (SMEs) to spearhead faster growth amongst small companies.