The SCCA is the body responsible in providing services in areas of airport operations, air navigation, alerting and search. It is also involve in air transport planning, regulatory and safety oversight. SCAA is wholly owned by the Government.
The Authority’s vision is to become an Indian Ocean gateway above and beyond Africa. Its mission is to deliver on their promise of highest standards in safety, security and quality of service for the customers.
SCAA plans to achieve this by providing a balanced and cost effective approach to safety oversight, ensuring strategic planning for air transport development and promotion in Seychelles, ensuring safe, secure, smooth and efficient operations and high standards of facilitation and services in respect of” of passengers, aircraft and cargo, ensuring a safe and secure operating environment for aircraft, their passengers and crew, airport employees and other airport users, ensuring maintenance of environmental standards is in accordance with national and international requirements.
SCAA has reached a crucial momentum in its development whereby it needs to expand rapidly to meet the demands that it will face over the next few years. This is due to a culmination of different strategies deployed by Seychelles Government over the past five years to facilitate the development of tourism, air transport and trade. SCAA requires a sum of at least SR500 million to invest in much needed infrastructure development over the next five years.
SCAA is made up of the following operating divisions:
Air Navigation Services, Alerting and Search & Rescue Services
For the future, SCAA is considering public-private partnerships options. There is a need for SCAA to adopt a more commercial approach to investments and target some quick-wins ventures.
Head Office: PO Box 181, Seychelles International Airport, Pointe Larue, Mahé, Seychelles
Tel: +248 438 40 00
Fax: +248 437 43 61
The Seychelles Commercial Bank formerly known as ‘Seychelles Savings Bank’ came into being more than100 years ago. The Bank presently conducts fully fledged commercial banking activity, including housing loans and foreign exchange operations under the Financial Institutions Act, 2004, as amended.
The Government of Seychelles holds majority shares (76.55%) whilst account shareholders and staff hold 23.45% shares in the Bank. The Government intends to hold only 60% ownership in the Bank and hence planning to come out with an offer to sell the balance of 16.55 % to accountholders.
The Bank earned an Operating profit of SR17.37 million and after tax profit of SR9.45 million as at end December, 2012.
The Seychelles Commercial Bank seeks to meet fully and efficiently all the banking needs of its customers.
In 2013, the Bank revamped itself in terms of new name, logo, font and slogan. Significantly, it repositioned itself so as to refelect the true nature of its activities which involoves not only catering to low income earners, but also providing all types of commercial banking facilities. Some of the new initiatibves by the Bank are:
Upgrading of its banking sofware
The Bank projects a profit after tax of SR14.4 million in the year 2015.
Website: Website under construction
Head Office: PO Box 531, Orion Mall, Victoria, Mahé, Seychelles
Tel: +248 429 40 00
Fax: +248 422 47 13
Experienced internationally, but at home in Seychelles, Nouvobanq has been providing the people and business community of Seychelles with comprehensive, first-class banking services since 1991.
"Nouvobanq" at present is the largest locally incorporated bank in the Seychelles with
Shareholding of 78% Government of Seychelles and 22 % Standard Chartered Bank, with total Assets exceeding SCR3.885 billion.
Over the years the Bank has grown from a single town-centre office, to a multi-branch with the ability to meet the needs of customers large and small, at the same time as retaining its focus on providing products and services tailor made to local and international market.
The Bank is committed in achieving and maintaining a position of market leadership by combining its unsurpassed local knowledge, complete range of banking products and services, and constant commitment to customer satisfaction, with the leading edge skills and expertise of its international partner institutions.
Head Office: Victoria House, State House Avenue, Victoria, Mahe, P.O.Box 241
Tel: +248 4293 000
Fax: +248 4224 670
The Seychelles Pension Fund is a cost sharing retirement system through contributions from employers, employees including the self-employed and investments. It provides pensions on retirement, in case of disability and to qualified surviving spouses and children in case of death of the member before and after retirement. It also provides benefits to dependents or heirs where the member does not have children or surviving spouse and through a lump sum payment equivalent to their contribution for those who eventually do not qualify for a pension.
In order to sustain the fund and effect due payments to its members, the Funds plan to achieve this by ensuring the right level of contribution to the Funds, a diversification in investment so as to reap the highest yield, control administrative costs and spending, enhance its services and maintain solvency.
For the future, the Fund plans to focus on the development of its properties so as to maximise returns which in turn will assist in sustaining the Fund in the long term. The plan has a long-term vision to generate sufficient income to pay pension and other benefits.
Head Office: PO Box 576, Caravel House, Victoria, Mahé, Seychelles
Tel: +248 429 46 99
Fax: +248 422 50 37
The Seychelles Petroleum Company Limited (SEYPEC) was created on 2nd April 1985 to take over the responsibility of importing, marketing and distributing petroleum products in Seychelles. As a Government-owned parastatal, run entirely by Seychellois nationals, it has been a credit to the nation’s growing self-reliance and expertise in a high technology sector. Recognizing that energy is the lifeblood of any economy, the Company has consistently and reliably ensured supply of fuel and strives to continually improve efficiency, maximize cost-effectiveness and remain a competitive force in the region.
Up to March 2012, SEYPEC was fully integrated, its activities spread from upstream (oil exploration) and downstream (tanker ownership, supply and distribution of petroleum products). With the recent segregation of the Exploration division, the Company aims to review and strategize its remaining sectors, namely, the domestic market, bunkering and aviation refuelling activities, and tanker ownership.
The mission of SEYPECis to ensure the security of supply of petroleum for Seychelles energy needs. In so doing, it shall provide its customers with fast, responsive and reliable services and quality products. SEYPEC will engage directly or indirectly in all petroleum-related activities that will add value to its business. Its visionis to become the leading oil company in the Western Indian Ocean, making Seychelles a regional and strategic hub for petroleum-related activities.
Head Office: New Port, P.O.Box 222, Victoria, Mahe, Seychelles
Tel: +248 4290600
Fax: +248 4224456