COMESA’s trade globally and within the region has recorded a significant increase with the total exports to the world gaining by 15% from US$179bn in 2021 to US$205bn in 2022. The largest exporting countries in the COMESA region were Libya, Egypt, Tunisia and Sudan. These had a combined market of 98% in exported fuels in …
The Monetary Policy Rate (MPR) remains unchanged for the fourth quarter of the year, the board of the Central Bank of Seychelles (CBS) decided on Monday. The rate will remain relaxed at 2.0 percent, on account of the improvement in domestic economic activity, First Deputy Governor Brian Commettant noted yesterday. The domestic economy continued to …
Seychelles: CBS Maintaining Relaxed Monetary Policy For Fourth Quarter Read More »
The Electoral Commission Seychelles (ECS) signed a memorandum of understanding with the Election Commission India (ECI) yesterday afternoon with the aim of identifying priority areas in the field of electoral management and administration along with other goals. Chairperson of the ECS, Danny Lucas, signed the MoU on behalf of Seychelles while the chairperson of the …
The National Assembly yesterday afternoon approved the Road Transport (Amendment) Bill, 2023. The object of this bill is to introduce amendments to the Road Transport Act (Cap. 206). The bill amends section 5 to make provision for vehicle testing of all new vehicles at the point of import. All new vehicles imported must be tested …
Seychelles: National Assembly Approves Road Transport (Amendment) Bill, 2023 Read More »
‘Sustainable development, a principle deeply cherished and exemplified by Seychelles’“As we mark the occasion of the 2023 annual Tourism Festival and World Tourism Day, we pause to contemplate the state of our tourism industry. This year’s theme by the UNWTO ‘Tourism and Green Investments’, spotlights investments in people, our planet, and the prosperity of this …
Trust and solidarity form the bedrock of a functional multilateral order and rebuilding trust is paramount, said Seychelles’ President Wavel Ramkalawan in his statement at the United Nations 78th General Assembly’s General Debate on Wednesday. Ramkalawan was the first person to make a statement in the debate being held under the theme “Rebuilding trust and …
In the Seychelles, tourism currently faces two major challenges. First is the impact of climate change, and second is the economic slowdown in regions where the Island mostly gets tourists from, Europe especially. The Seychelles should record a 3% growth in tourism revenues in 2024-2025. This is far from the 24% increase recorded between 2016 …
The Seychelles Fishing Authority (SFA) will carry out a new study of the Spiny Lobster in October to assess the species’ resources, an official said on Tuesday. The statement was made by Kettyna Gabriel, a fisheries scientist at the SFA in a meeting with lobster fishers at the Seychelles Trading Company conference room. She said …
Seychelles: National Fishing Authority To Carry Out Lobster Survey In October Read More »
45 years since first Seychellois students left to study in Moscow The Seychelles-Russia Friendship Association has celebrated the 45th anniversary since the sending of the first cohort of Seychellois students to Russia for further studies. It was on August 5, 1978 that Jeremy Solin and Priscilla Julie left Seychelles for Moscow for further studies. This …
The Marine Conservation Society Seychelles plans to undertake a whale shark monitoring project aimed at enhancing public awareness and appreciation of the species. The conservation organisation recently received a national grant of R148,100.00 to fund the whale sharks project. Speaking to Seychelles NATION, Christophe Mason-Parker, chief executive of Marine Conservation Society Seychelles (MCSS), shed light …