The Financial Services Authority will be amending its Act to exempt firms deemed as low risks from appointing compliance officers.These five groups of licensees are;• Companies licensed under the International Trade Zone Act• Companies involved in hire…
An Aquaculture Regulatory Committee, which will be the main body to review and recommend aquaculture license applications in Seychelles, is expected to be set up in preparation for the launch of this new industry later this year.The committee will also…
The Seychelles’ Blue Economy Department will be looking at ways to recycle waste from the sea and plastic bottles littering the environment under two newly signed financial agreements with France.The two agreements, worth a total of 21,600 euros, are p…
Seychelles could receive a needed injection of funds from the World Bank earlier than originally planned to help the island nation recover and advance after the damage done to the economy due to COVID-19.As part of those negotiations, Taufila Nyamadzab…
The Retailers Association of Seychelles (Ras) has condemned the actions of certain retailers to increase prices on certain essential commodities imported by the Seychelles Trading Company and which they are reselling to the public.These commodities car…
As of 31st May, a total of R78.71million has been collected in the COVID 19 Relief Fund.The figure was made public in the National Assembly this morning by the Minister for Finance, Economic Planning and Trade, Naadir Hassan, while answering a Private …
A delegation from the Ministry of Finance, Economic Planning and Trade has met with the Executive Director of the World Bank, Africa Group 1 Constituency, this morning at Liberty House.The Ministry’s delegation was headed by Minister Naadir Hassan.The …
Seychelles will benefit from a $2.3 million grant to support the effective management of its marine protected areas, as the country joins the Blue Nature Alliance, a consortium of different philanthropic organisations.Blue Nature Alliance is a global p…
Eleven Air Seychelles pilots are expected to be made redundant after a notification for redundancy was circulated to the Ministry of Employment and Social Affairs, the airline said on Wednesday.The airline said that “taking into consideration the finan…
The Seychelles Revenue Commission (SRC) has presented its 2020 annual report to the Minister for Finance, Economic Planning and Trade.The presentation took place this morning at the Ministry’s HQ, Liberty House. The Commissioner General of SRC, Mrs. Ve…