
Mauritius is a tiny Indian Ocean island; however, it is popular around the continent and globe for its good governance and robust economy. Mauritius is undoubtedly one of the continent’s most competitive economies, and has continued to experience steady and consistent growth patterns. The country is famously known for its magnificent beaches, vast sugarcane fields, as well as diverse flora and fauna. In recent times, Mauritius has continuously made strides in diversifying its economic activities.
Unlike a couple of African countries that have undergone political turmoil, Mauritius has enjoyed political stability. The island is a hub for various key sectors such as tourism, economic processing zones, and financial services. Recent economic gains have seen Mauritius bypass South Africa to become Africa’s most vibrant and competitive economy.
According to a World Bank Report, Mauritius is the best country in Africa for doing business. Despite recent economic recession, the Mauritian economy remained resilient, and even posted annual growth rates exceeding 3%. Because of its impressive economic and political system, this island is a haven for professionals looking for well-paying jobs in Africa.
Some of the best industries for jobs in Mauritius are the finance, manufacturing, business outsourcing, and tourism sectors. According to statistics from Salary Explorer, the average monthly net salary in Mauritius is $660. However, just like any other country, the salary you earn depends on the sector in which you are employed, as well as your cumulative working experience.
According to statistics from the World Bank, the top 3 sectors that contribute to GDP are finance, real estate, and business services at 22.8%, manufacturing with 16.9%, and transport, storage, and communication services at 10.1%. The highest paid executives of multinational companies, such as directors, earn $16,176. CFO’s earn between $3,676 and $4,000, HR managers earn approximately $3,600, IT managers make around $3,500, and accountants receive about $1,936.
Thanks to an attractive entrepreneurship environment in Mauritius, the country is set to become one of the world’s most successful economies and democracies. In addition, the island has strong institutions that work closely to ensure Mauritius has the best foreign investment climate in Africa. A lot of professionals working in Mauritius have a good time because the taxation regime is competitive. This means that you get to keep a good amount of your income.
If you’re considering a career move to Mauritius, it’s definitely worth a try because the island has numerous multinational companies that offer positive perks. Furthermore, various economic sectors are highly competitive, thus giving you an opportunity to better your career skills.
