Christopher Gill's Column

Post mortem – SPPF defaut

Remember Mr. President’s talk about having paid off all our Debts? ….more >

State House Any Time Now

Zim Blues and taxing those luxury cars ….more >

Now the Central Bank sets the prices of drinks and food in the hotels

Now, all hotels are pricing their services in foreign currencies. ….more >

Ground Zero

The consensus is that this is a difficult time, perhaps the most difficult of times ….more >

Government’s campaign to terrorize its people

Hi all, Just noticed this morning the latest tool in the government’s campaign to terrorize its people. ….more >

CJSOI shows weaknesses in our young sport teams

Now that the CSJOI games are over, people working with youths in different sports should be questioning the way that their respective sports are developing among the young people. ..more >

Cable & Wireless unveils BlackBerry®

Seychelles’ first all-in-one mobile communication solution! ….more >

A major financial scandal has suddenly come to light involving the Governor of the Central Bank. The emerging scandal was already known to this newspaper, although the extent of its international implication was not evident until now.

The scandal surrounds a large amount of financial paper or government of Seychelles securities (54.5 million euros or 85.3 million US dollars) which, it now appears, was “illegally” issued by the Central Bank but taken up in any event by international investors on a private placement basis at the recommendation and behest of one of the largest investment banks in the world, Lehman Brothers. The role of the representative of Lehman Brothers and the Governor of the Central Bank in the affair is bound to develop into an international scandal. ….more >

Google Web Alert news stories about our financial woes:

Seychelles Rating Lowered by S&P After Payment Notice ….more >

Elections in 2011 – Perseverance houses will be handed over in 2010!

It has now be officially announced that the 5000 odd houses at the Ile Perseverance will be conveniently handed over to their occupants in 2010, just in time for the Presidential and General Elections in 2011. ….more >

Seychelles in first Miss World pageant in 10 years

The Miss Seychelles contest will now be held on Saturday August 23 starting at 7 pm at the Tequila Boom, a week earlier than planned. .more >

Congratulation Chief Justice Perrera!

After several months of acting as Chief Justice, following the resignation, under pressure of Vivekanand Allear, Judge Runjan Perrera has been confirmed in the post. ….more >

Inflation reaches record level

The official rate of inflation reached an annual rate of 17.1% in May according to the latest figures released by the National Statistics Bureau (NSB). ….more >

Is IMF really taking over Central Bank?

To date there has been no concrete official declaration about the subject, so whether this is true or not still remains to be seen. ….more >

Lehman Brothers losing interest in fisheries here?

The factory has closed down frequently and some expatriate staff sent home. ….more >

Republic of Seychelles Long-Term Foreign Currency Rating Lowered And Put On Watch Negative

London (Standard & Poor’s) Aug. 1, 2008—Standard & Poor’s Ratings Services said today that it lowered its foreign currency sovereign credit rating on the Republic of Seychelles to ‘CCC/C’ ….more >

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Eden Island

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