Seychelles exported nearly 5 tonnes of shark fins from bycatch in 2022

Seychelles exported 4,819.5 kg of shark fins in 2022 and most of the fins are generated in bycatch of semi-industrial fishing, said a top fisheries official.   The assistant manager for monitoring, control and surveillance at the Seychelles Fishing Authority (SFA), Ronny Malvina, said that there is only one Seychellois

Foreign exchange market remained stable in 2022

With the positive upturn in the tourism sector throughout 2022, revenues have improved significantly, a major contributing factor towards the stability of the foreign exchange market.According to records of the Central Bank of Seychelles (CBS), there w…

Central Bank of Seychelles keeps relaxed monetary policy rate at 2%

The Central Bank of Seychelles (CBS) will maintain its monetary policy rate relaxed at 2 percent during the first quarter of 2023 while keeping a close eye on international developments for quick response if needed.On December 29, CBS’ board decided to…

Start-up organic company eyes international market, one year on

Users of organic products have for a year now been exposed to a new brand of products that hit the market under the name Raspay Seychelles and offers different types of cream and lotion for various ailments from toothache to skin rash. Raspay Seychelles, the brainchild of Rashid Mousmie, 38,