New system to monitor public spending, an example for our Government to follow
The government of Kenya has launched a new system that tracks down government expenditure to guard against misuse of public funds. This should definitely be of interest to our government that has been struggling to get to grips with runaway budgets. .... read more
SPPF GOVERNMENT DOUBLES FUEL TAXES
IS THIS A FRAUD?
Indian nationals living in India are being offered jobs in Seychelles right left and centre, it appears. As the email, which was received by one of our readers show, some prospective employees do not even know who the prospective employer is .... read more
ROAD TAX TO INCREASE ON VEHICLES?
THE FUEL PRICE INCREASE CONTROVERSY REVERBERATES
RESTRUCTURING – the new weasel word that will haunt President Michel
The government has doubled taxes on fuel at the pump amidst fears that the economy was heading for total economic collapse. Le Nouveau Seychelles Weekly has published a chart which clearly shows that that the CIF (landed cost) of petrol and diesel has not changed at all. What has changed is the GST and Trades Tax charged by the government on top of the CIF cost. .... read more
In the assembly this week
MACSUZY MONDON GIVES INDIFFERENT PERFORMANCE BEFORE NATIONAL ASSEMBLY
Mrs Macsuzy Mondon, Minister for Employment, gave an unimpressive performance before the National Assembly this week as she was grilled by opposition members of the National Assembly about the controversial redundancy programme which the government had undertaken recently. .... read more
This week the Assembly debated on a motion presented by the Leader of Government Business which called on the Assembly to approve the ratification of the “Southern Indian Ocean Fisheries Agreement” (SIOFA). We published below the intervention of Hon. Frank Elizabeth (DP) on the motion. .... read more
Credible information received by Le Nouveau Seychelles Weekly suggests that the government is secretly planning to increase the road tax on vehicles. The tax which is charged on the capacity of a vehicle (CC) was introduced some ten years ago. .... read more
During 15 years of the one-party state Albert Rene, as President of the Democratic Socialist Republic of Seychelles, paid five state visits to the Democratic Peoples Republic of Korea (DPRK), better known as North Korea. .... read more
ROAD TAX TO INCREASE ON VEHICLES?
The People’s Supermarket, owned by Dr. Ramadosss has put up its shingles for operation in Mont Fleuri next to a Coffin Shop (Padayachy’s Coffin shop) in a new arcade built by Government of Seychelles funds. .... read more
PEOPLE SUPERMARKET OR GHOST SUPERMARKET?
BIRDS OF A FEATHER
Despite a recent article in Le Nouveau Seychelles Weekly enquiring about the payment of dividends to thousands of Seychellois share holders who bought shares in the newly privatized SACOS company, SACL has kept a sinister and uneasy silence on the issue. .... read more
The Attorney-General, Mr. Anthony Tissa Fernando, has called upon the members of the National Assembly to vote according to their conscience and the truth in the National Assembly. He said this in a training seminar at the Plantation Club hotel organised by the Speaker of the National Assembly .... read more
SACL STILL UNABLE TO PAY DIVIDENDS!
Mr. Danny Faure, Minister for Finance and second designated Minister, on Tuesday candidly admitted to the National Assembly that the government paid a whopping US$1,000,000 in fees to the investment bank Lehman Brothers to underwrite and manage the issuance of a US$30, 000, 000 junk bonds on the International Financial Market place. .... read more
Like all Seychellois, I listened attentively to what Minister Faure had to say about Fuel and the new SPPF policy to now “Curb Consumption” of Fuel. The SPPF Government have roughly doubled the price of Fuel on us over night. ....read more
Credible information received by Le Nouveau Seychelles Weekly suggests that the government is secretly planning to increase the road tax on vehicles. .... read more
19-year-old Chirag Meghjee Shah, son of Dupad Meghjee Shah of Market Street, was spoilt for choice when it came to choosing a university in the UK. In the end, he settled for University College, London .... read more
CHIRAG MEGHJEE SHAH OUTSHINES ALL
The political repercussions for the Government following announcement by the Minister of Finance last week of a steep rise in prices of the two types of fuel sold at petrol stations, continues to reverberate. .... read more
Last Saturday evening SBC gave the President considerable prime air time to make a statement featuring the word Restructuring. ... read more
The Seychelles Chamber of Commerce and Industry (SCCI) are urging the Government to take immediate steps to restore the full convertibility of the rupee. .... read more
BUSINESS WARNS ON RUPEE NON-CONVERTIBILITY
According to state-controlled daily newspaper Seychelles Nation, whose reporter attended the press briefing given by the CEO of Air Seychelles on Tuesday, the airline graciously welcomed the culprit at its checking desk on Monday, the day after the incident, and checked him in to fly to Mauritius instead. .... read more
SPPF GOVERNMENT PAYS WHOPPING US$1,000,000 TO LEHMAN BROTHERS
THE ATTORNEY- GENERAL CALLS ON MNAs TO VOTE ACCORDING TO THEIR CONSCIENCE!
Editorial
Christopher Gill's Column
SPPF Says Curb Consumption
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