The Finance & Insurance community of Seychelles

Tourism growth outlook looks strong

Fri, 14 Jun 2013 07:54:00 +0200

Auditing firm PwC on Thursday (13 June) projected total room revenue in SA would grow at a compound annual rate of 9.2% between now and 2017 after overall spending on rooms in all categories rose by 13.4% in 2012 to R15.2bn‚ reflecting an increase in stay-unit nights and a 5.3% rise in the average room rate.
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Hotels moving in on Africa's potential

Mon, 10 Jun 2013 11:39:00 +0200

With limited opportunities for expansion in SA, a slew of hospitality companies are eyeing the rest of the continent, for future growth as there is an under-supply of quality hotels and upbeat economic prospects.
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Africa must implement open skies policy

Wed, 05 Jun 2013 10:54:00 +0200

Improving safety‚ cutting fuel taxes and liberalising regulation to allow for greater connectivity between African countries are some of the key issues that must be tackled to boost aviation on the continent‚ International Air Transport Association's chief executive Tony Tyler said on Tuesday, (4 June)
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Japan offers US$10bn to Africa

Mon, 03 Jun 2013 10:26:00 +0200

TOKYO, JAPAN: Japan has pledged at least US$10bn in aid to Africa for the next five years as Tokyo prepares to host a major development conference for the resource-rich continent.
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Tsogo Sun spending US$100m in Africa

Thu, 25 Apr 2013 08:02:00 +0200

In line with its growth strategy‚ Tsogo Sun has announced an investment of US$100m to be used to expand the group's hotel network in Africa.
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Hope for full global economic recovery in 2010 diminishes

Wed, 27 Oct 2010 06:22:00 +0200

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
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