As is well known in the country, in 2007 the Bank of Ghana determined new capital requirements for banks operating in the country. Globally, size has become an ingredient for success.
A couple of days ago, we celebrated our 40th Anniversary as an independent nation. In spite of several handicaps like limited natural resources, remoteness from major markets, a small domestic market and vulnerability to cyclones and man-made external shocks alike, Mauritius has achieved one of the highest per capita GDP in Africa.