The Mauritius Broadcasting Corporation (the “MBC”) and the Financial Services Fund operating under the aegis of the Financial Services Commission, Mauritius (the “FSC”) entered into an Agreement on the 11th of February 2022 for the production and dissemination of financial literacy awareness programmes pertaining to the financial services sector. The Agreement was signed at the seat of the MBC in Moka by Mr Dhanesswurnath Thakoor, the Chief Executive of the FSC and Mr Rama Armoogum, the Head of the Administration and Corporate Department of the MBC. The objective of the Agreement is to promote the education of consumers of financial services in line with the provisions of the Financial Services Act 2007. Moreover, under the Agreement, the FSC and the MBC will collaborate to simplify technical input, provide resource persons to produce, as well as, ensure the timely broadcast of programmes jointly developed by both parties
This Agreement, according to Mr. Dhanesswurnath Thakoor, “will help support Financial Literacy initiatives targeting a broader segment of the population in a more structured manner”. He further emphasised that Financial Literacy is one of the core features under the mandate of the FSC in terms of raising awareness of the benefits and risks associated with the financial markets. Mr Rama Armoogum, welcomed the collaboration between the MBC and the FSC mentioning that “the MBC has a wield TV and Radio power whereby institutions can leverage to enhance their visibility”. He further underlined that the Agreement is more of a commitment than a contract that will help both organisations to promote the development of the financial services sector in Mauritius.
Source: Financial Services Commission Mauritius