Business

The average rate of new matured cash credits to non-financial corporations reached 0,87% in July 2020 in Reunion, according to the latest figures from Iédom. It amounted to 0,32% in April and at 1,93% in January. The flow of these new credits is down compared to April but remains much higher than in 2019. Two thirds....

A man behind SOMID. The painstaking work of SOMID was initiated by one man, Michel Duvergne, in the 80s. Arrived about fifty years ago on the island, this entrepreneur started with the Legros company in charge of the distribution of Gillette and Bourjois products. When he decided to start....