Seychelles Investment Forum
Johannesburg and Cape Town
The Seychelles Investment Board and the Seychelles International Business Authority has announced the successful conclusion of the second edition of the international investment forum focusing on financial and offshore services being held in South Africa.
The African Pride Crystal Towers Hotel, at Century City, in Cape Town and the Cedar Park Hotel and Convention Centre in Sandton, Johannesburg were the respective venue for hosting this event which saw the participation of over 105 of South Africa’s most prestigious Chief Executives. more
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Vice President and also responsible for Finance portfolio
“One of our priorities is our economic reform programme. Introduced in November 2008, the reform programme has allowed us in a relatively short period of time to reduce our total public debt stock to 82 % of GDP from 170%; ......slashed inflation to zero from 62%; ......eliminate perennial problem of lack of foreign exchange; .......encourage entrepreneurships and new businesses; .....build up the country’s external reserves to close to 200 million US dollars or two months of import coverage; .....bring stability to the exchange rates and lower interest rates.....It has not been an easy process and it is one still ongoing but we are determined to see it through. The reform has the support of our people, major international institutions and the international community at large.”
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