According to reports, the office will offer a number of services to international clients, including the formation and administration of trusts, and the creation of both tax resident and non-tax resident Mauritan companies. However, it will also specialise in the development of financial planning opportunities in South Africa.

Speaking this week, CEO of Investec Trust, Robert Clifford announced that:

"Mauritius is an ideal location: not only is it positioned in a favourable time zone between Europe and Asia, but it also offers stability and beneficial local tax rules within a framework of structured yet transparent regulation."