22 Jan
Posted by: Renetta Rust in: Financial Tips
As it has been said recently, the International Monetary Fund has released its report on Seychelles’ 4th programme review. In accordance with the review, the jurisdiction’s economic prospects are good. However, the report warns of risks from the crisis in Europe.
The Fund hails Seychelles’ performance with the IMF executive board’s deputy managing director and acting chair Min Zhu saying: “Aided by sound macroeconomic policies and timely structural reforms, the Seychelles economy rebounded strongly from the crisis of 2008-09. Medium-term prospects are good, but downside risks exist due to the crisis in Europe. Inflation has picked up recently, reflecting the delayed pass-through of global food and fuel price increases, but remains broadly in check.”
He noted that “safeguarding debt sustainability is critical for sustaining the gains from macroeconomic stabilization”. Also, he mentio
Seychelles and Guernsey are to sign a Tax Information Exchange Agreement (TIEA).
Guernsey has announced that it will conclude 6 bilateral Tax Information Exchange Agreements (TIEAs) negotiated with members of the Southern African Development Community (SADC), in line with the Organization for Economic Co-operation and Development’s (OECD) priority of working closely on tax issues with developing countries. The tax treaty between Guernsey will be signed. Also, Guernsey is to sign the agreements on sharing tax information with Botswana, Lesotho, Malawi, Swaziland and Zambia.
Ron van der Merwe, Chair of the Tax Agreements Working Group of the SADC, said: “The multi-party TIEA negotiations between 6 SADC member states and Guernsey is considered to be a major step forward in creating a basis for exchange of information for SADC members. Thi
When just starting out, some beginning traders will want to use all of their available funds to trade rather than buying software and data feeds. In this article, we’ll look at how that can be done, using free end of day data and indicators.
Trading software allows traders to design and back test trading systems. It also makes it easy to generate orders that need to be entered and in some cases can even automate system execution. However, trading software can be expensive. It can also be difficult to use requiring some programming skills in many cases. Less expensive software tends to require the most programming skill. Part time traders also may not have the time to learn the software.
Data represents another expense. Real-time data is needed for those wanting to day trade, but even end-of-day data feeds will cost at least a couple hundred dollars a year. M
Don MaNay is a financial columnist, a Huffington Post contributor and an expert in the field of structured settlements.
Don’s financial guidance is refreshingly straightforward, filled with good common sense, and geared towards a Main Street audience. His most recent book is titled Wealth Without Wall Street: A Main Street Guide to Making Money.
We had an opportunity to speak to Don about his financial practice and his most recent book.
Annuity Digest: You have written several books. How is Wealth without Wall Street different from your previous books and why did you decide to write it now?
Don McNay: This is my third book. The first was about Kentucky’s Governor and the second was about lottery winners. This is th
01 Nov
Posted by: Renetta Rust in: Financial Tips
On October 17, key tourism operators came together to discuss ways to increase numbers of visitor arrivals from South Africa.
The meeting was conducted by the general sales agent (GSA) of Air Seychelles in South Africa, Deon Fremantle, who was accompanied by some top tour operators that sell Seychelles as a tourist destination. The event was attended by the chairman of the Seychelles Hospitality and Tourism Association (SHTA), Louis d’Offay.
The participants were informed that while an average 7 000 South African visitors came to Seychelles in 2010, Mauritius, the jurisdiction’s main competitor, received more than 81 000 tourists. The 2011 arrival figures to date compared to 2010 reflect a stagnation, however, in Mauritius this was up by 10%.
As to other competitors, Mozambique, Zanzibar, the Maldives and Thailand are offering similar products at significantly lower prices. Aro
Silver is a naturally occurring element that can be found in your jewelry, at the dinner table, in your digital camera, in your car and in your pocket. It is a monetary metal with roots that run parallel to gold. It is also an essential ingredient in many products that we take for granted in modern life. Silver is often misunderstood due to its multiple uses and critical nature.
Most metals are obtained through direct mining. Target areas are determined, geology is mapped and exploration begins. The entire excavation process is designed to retrieve one element be it gold, copper or iron ore. Due to historically low prices, silver is often only a mining byproduct. The element is considered a bonus for miners and until recently was rarely the target or direct exploration.
I am currently researching and am likely to purchase an indexed universal life insurance product. This first-hand research and learning process has been interesting and is worth sharing.
In a nutshell, some of the key characteristics of indexed universal life insurance include: