11 September 2002 - Mauritius intends developing yarn and fabric production in order to fully benefit from new US preferential treatment and to overcome the rise in labor costs.
12 August 2002 - Mauritian jean maker Novel Denim announced a US$6.22 million net loss for its first quarter fiscal ended 30 June 2002 as a consequence of recent political events in Madagascar.
15 July 2002 - Economic conditions will progressively return to normal in Madagascar after the new regime was officially recognized by the United States.
11 June 2002 - Hong Kong-based Novel Denim reports a US$9.4 million net loss for its fourth quarter fiscal as a result of political turmoil in Madagascar. Sales of fabrics would possibly offset difficulties met in garment production.
22 May 2002 - US apparel imports from Sub-Saharan Africa are now surging as a clear result of duty-free treatment offered under the AGOA. Lesotho and Kenya are the main winners to the detriment of South Africa and Mauritius.