The International Monetary Fund on Monday said it had approved $4.3 billion in aid to South Africa to help it fight the coronavirus pandemic. "The IMF approved $4.3 billion in emergency financial assistance under the Rapid Financing Instrument (RFI) to support the authorities' efforts in addressing the challenging health situation and severe economic impact of [...]
Seychelles' monetary reserves stand at $448 million and in the worst-case scenario can still sustain the island nation up to 18 months as predicted in April this year. The Central Bank of Seychelles (CBS), however, said that the demand for foreign exchange continues to rise. Governor Caroline Abel told local media on Monday that the [...]
An independent panel of experts, headed by former Irish president Mary Robinson, has cleared the beleaguered leader of the African Bank of Development (AfDB) of corruption, according to a report obtained by AFP. Akinwumi Adesina, 60, a charismatic speaker known for his elegant suits and bow ties, became the first Nigerian to helm the AfDB [...]
Tour operator TUI has cancelled all British holidays to mainland Spain from Monday until August 9, after the UK government's decision to require travellers returning from the country to quarantine. The newly-imposed rule to self-isolate, abruptly introduced at midnight Saturday hours after being announced, follows a surge in coronavirus cases in parts of Spain in [...]
Seychelles has stepped up its efforts to combat money laundering and financing of terrorism activities following the approval of a national strategy by the Cabinet of Ministers, a top government official said. The Secretary of State for finance, Patrick Payet, said a national strategy will bring a cohesive and collaborative effort by public and private [...]
Local initiatives and projects may be eligible for monies from a $700,000 fund to support efforts in the sustainable management and conservation of Seychelles’ marine life. The Seychelles Conservation and Climate Adaptation Trust (SeyCCAT) has launched its fourth call for proposals open for residents of the island nation. “For the fourth call for proposal, we are [...]
UN officials on Sunday reported a fresh massacre of more than 60 people in Sudan's West Darfur, as the country's prime minister promised fresh troops for the conflict-stricken region. Attackers targeted members of the local Masalit community, looting and burning houses and part of the local market, a statement said. Around 500 armed men attacked [...]
France has opened a probe into alleged crimes against humanity by a top former Rwandan military official, Aloys Ntiwiragabo, during the country's 1994 genocide which claimed 800,000 lives. Anti-terrorism prosecutors told AFP Saturday that a preliminary investigation was opened after Ntiwiragabo was found hiding in the suburbs of the city of Orleans, about 100 kilometres [...]
An environmental activist from Seychelles is featured in a book that amplifies voices worldwide that seek to raise awareness and provide solutions to combat the issue of climate change. Entitled 'United We Are Unstoppable,' the book to be published by the British publisher John Murray Press and is scheduled for release on August 6. It [...]
"The sickness is around. We don't know when we're going to get it," says 79-year-old Giuseppe Tassi. "I knew a couple of people who went to hospital and never came back." Tassi is sitting in the lounge at the Casa Serena retirement home in the Johannesburg's district of Germiston. The empty chairs tell their own [...]
