The African Development Bank (AfDB) has approved a $20 million loan to support the Seychelles’ government budget, said a top official on Thursday. The loan, payable over a period of 17 years, with an eight-year grace period, is part
Amendments to the Limited Partnership Act have been approved by the National Assembly.The amendments were presented by the Minister for Finance, Economic Planning and Trade, Naadir Hassan yesterday afternoon.Again, these amendments are aimed at honouri…
The National Assembly has voted to approve amendments to the Foundations Act.Minister Naadir Hassan presented the amendments late yesterday afternoon to the House for debate and approval.The main objective of the amendments is to allow for better super…
The National Assembly voted yesterday to approve amendments to the International Business Companies Act.Presenting the amendments before the house, yesterday afternoon, the Minister for Finance, Economic Planning and Trade, Naadir Hassan noted that the…
The National Assembly has approved amendments to the International Corporate Services Providers Act.The amendments were presented this morning before the House by the Minister for Finance, Economic Planning and Trade, Naadir Hassan.The International Co…
The National Assembly has approved amendments to the Companies (Special Licences) Act.The amendments were presented before the National Assembly, this morning, by the Minister for Finance, Economic Planning and Trade, Naadir Hassan.The objectives of th…
The National Grants Committee has published the names of beneficiaries that have been allocated a budget for their submitted projects for the year 2021.In total, there were 16 Non-Government and Non-Profit Organisations that benefitted under the Nation…
The Customs agreement signed between Seychelles and the United Arab Emirates earlier this month, will enhance cooperation between the two designated authorities.Speaking to the press this morning, the Principal Secretary for Trade, Ms. Cillia Mangroo, …
The International Monetary Fund (IMF) has reached a staff-level agreement on a $107 million arrangement under the extended fund facility to help support Seychelles’ economic reform programme.The announcement was made Wednesday in a press conference in …
The price of food in Seychelles has risen 19 percent, while non-food commodities are up 10.5 percent in the figures released in May 2021 compared to a year ago.The governor of the Central Bank, Caroline Abel, told a press conference on Wednesday that a…