It would have surely been the joke fo the year, but unfortunately once again, its the bitter truth.
The State trading Corporation is becoming famous due to its series of errors on hedging.
The problem rose when “Gros Pois” bought from Madagascar a few months ago were no more consumable.
And as usual, the hedging contract was made for a long period at a high price while the price of the product is low.
Get ready my dear Mauritians, YOU will have to pay, again.
News broadcasted on Top FM today.