MANA 298 Lecture Notes - Curepipe, Savings Account, Financial Institution
Document Summary
Case study mauritius housing company ltd (2011) The mauritius housing company ltd is a state-owned financial company dwelling in only housing. The mhc ltd was established in 1963 and since then it has been at the forefront in innovative housing solutions for individuals that has hugely contributed to making 85% of the. Mhc also enjoys the continuous support from government, which is reinforced by the fact that. Mauritius is a democracy and hence it enjoys very good political stability. However mhc has not evolved as fast as its competitors and is now finding it more and more difficult to attract viable customers. Consequently its position as market leader, with 24% of the market, is being eroded by its main competitors the banks and the insurance companies. Even more so that the business of housing finance individuals is now small due to the high percentage of home ownership.