Economy

SPF presents its 2020 annual report

The Seychelles Pension Fund (SPF) has presented its 2020 Annual Report to the Minister for Finance, Economic Planning and Trade, Naadir Hassan.The presentation ceremony was held on Monday 28th June.When accepting the report, Minister Hassan acknowledge…

FSA closes Office in China

The Financial Services Authority, (FSA), is closing down its Representative Office in China.The closure of the office will take effect on 01st July 2021.According to a press release from FSA issued on 24th June, the decision to close down the office fo…

Private Sector will benefit with the ratification of AfCFTA

The private sector is being invited to talk to the Department of Trade to facilitate their entry into African markets. The call from the department, follows the ratification by the National Assembly of the African Continent Free Trade Area (AfCFTA).

A Tax Amnesty Programme will start on 01st July

A Tax Amnesty Programme will be effected by the Seychelles Revenue Commission (SRC) as of 01st July 2021.The programme has been made possible following approval of amendments to the Revenue Administration Act by the National Assembly on Tuesday 22nd Ju…

Central Bank of Seychelles (Amendment) Bill, 2021 is approved

The National Assembly has approved the Central Bank of Seychelles (Amendment) Bill, 2021.The bill was presented by the Minister for Finance, Economic Planning and Trade, Naadir Hassan.The amendments were to sections 29A and 41 of the Central Bank of Se…