THE TAXI DRIVERS ARE IN TOTAL DARKNESS!
SMB still enjoying a monopoly despite the lifting of import restrictions!
FOREIGN EXCHANGE CRISIS DEEPENS
Editorial
LNSW continues with the serialization of the trial of Guy Pool who was accused of exploding a bomb at the reef Hotel in 1972. ...
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The Guy Pool Trial continues ....
DOWN MEMORY LANE
The jury returned a guilty verdict last week in the case of The Republic v/s Norris Pothin. The incident which resulted in the death of Terry Farrabeau happened on Saturday 8th July 2006, and revolved around politics. . read more
JURY CONVICTS NORRIS POTHIN OF MURDER
Prague - The Ostrava, north Moravia, Regional State Attorney Office has brought new charges against fugitive billionaire Radovan Krejcir who was previously accused of extensive fraud in the Czech Republic, daily Pravo writes. ... read more
Taiwan is at the heart of the current Seychelles-China diplomatic relations. This is what finally transpired after the Chinese President Hu Jintao left Seychelles in the early hours of the evening last Saturday. The cat was let out of the bag by President Michel during a press conference reported on by SBC, the state-controlled broadcasting media. ... read more
China dangles carrot for support on the Taiwan issue
I wish to reply to the article in the Seychelles Weekly of 2nd February 2007, on page 9 entitled “EIGHT YEARS IS A VERY LONG TIME TO WAIT FOR ONE’S INHERITANCE.” ... read more
This week we continue with our advice to President Michel as promised to our readers in last week’s Issue: ... read more
GERARD MAUREL - “This is a true and honest state of affairs.”
Le Nouveau Seychelles Weekly received a stern letter from Mr. Francis Chang-Sam, attorney for Glenny Savy, this week complaining about an article which appeared in this newspaper last week entitled “President Michel urged to close down IDC”. It seems that Mr. Savy has taken strong objection specifically to part of the article which suggested that the accounts of IDC are not audited and is “shrouded in mystery and secrecy”. ... read more
GLENNY SAVY THREATENS WEEKLY
The taxi operators are being made to pay a heavy price for not supporting the ruling party “en masse” at the last election. The foreign exchange promised by President Michel during his campaign for the presidency is coming in dribs-and-drabs, not at the promised rate of four new vehicles each month. Most taxi drivers have had to go into the parallel market for foreign exchange to pay for their new vehicles. ... read more
Many welcomed the news last year that the Private Sector will not need to pay any tax on net income or profits below Rs.250,000. However, above that figure the tax rate can reach as high as 40%. But what many did not realize is the fact that we have all become Government tax collectors and are ironically paying more taxes not less, with the introduction of the GST. ... read more
The sudden death of Rene Michaud last week surprised many, particularly everyone who knew him well. This tragic lost is very painful for all close to Rene. He was walking around being his usual jovial character just the day before. ... read more
SMB, which is still the principal importer of sugar despite the lifting of import restrictions on the commodity, is conspicuously silent on the matter of a shorter of sugar in the country. ... read more
A TRIBUTE TO RENE MICHAUD A TRUE CHAMPION
We have all become Government Tax Collectors
While China’s President Hu Jintao was in the middle of a lightning African tour with cheque book in hand, America’s George Bush presented the American Congress with a budget request of mind boggling proportion. Mr Bush wants the American Congress to approve the spending by the Federal Government alone starting October 1, this year, of the staggering sum of US$ 2,900,000,000,000. In linguistic terms this figure pronounces as two point nine trillion dollars. ... read more
SEYCHELLES-CHINA RELATIONSHIP – A PERSPECTIVE By Paul Chow
Last year in the run up to the presidential election, a new supermarket conveniently opened its doors in an unfinished government building selling goods usually found in a chain of supermarkets in Dubai. The owners, a Dubai based group said to be investors in a new five star hotel development, admitted they had committed stocks worth only US$ 2 million to the venture, which they estimated would last two months – that is, astride election day itself. The supermarket is still there, however, generally importing small consignments of astronomically expensive fresh fruits and vegetables, which are beyond the means of most low-income households. ... read more
MORE CRISES LOOMING ON THE HORIZON FOR MICHEL!
People have complained to this newspaper that registering of title deeds, companies and other documents have now become a nightmare experience at the Registrar General’s Office. One man who submitted his title deed for registration since August 2006 is yet to get it as it finds its way through the cumbersome and complicated registration process. ... read more
What is wrong with the Registrar General’s office?
Air Seychelles is considered as the bloodline of our tourism industry. There is a line of thought which contributes to the notion that the local tourism industry cannot survive without the national carrier. In the interest of the Seychellois Nation and the Tourism Industry in particular, Le Nouveau Seychelles Weekly have decided to open its own investigation to determine the true state of affairs of the company. We shall call it the “Air Seychelles Investigation”. ... read more
The Seychelles Breweries, which produces most of the beers and soft drinks consumed in Seychelles, published an advertisement in the Government newspaper, the Seychelles Nation, last Saturday warning its customers (in other words the whole population) that it will not be able to produce soft drinks because of a shortage of sugar in Seychelles. ... read more
“THE AIR SEYCHELLES INVESTIGATION”
RADOVAN KREJCIR IN THE INTERNATIONAL NEWS:
Volume 6 . Issue No. 05 . Weekend February 16, 2007
NEWS BRIEF
Copyright 2007: Seychelles Weekly, Victoria, Mahe, Seychelles