Daily Archives: April 7, 2017

Big moves in NZ aged care ahead of Oceania IPO – The Australian Financial Review

Posted: April 7, 2017 at 9:19 pm

Metlifecare was not the only capital markets deal in New Zealand aged care on Thursday.

It's amazing how often one company's IPO marketing makes way for an already listed rival to tap capital markets.

With Macquarie's Oceania Healthcare in the market educating Australian fund managers about the New Zealand aged care sector ahead of a sharemarket listing, rival retirement village owner Infratil spotted an opportunity.

Infratil owns 20 per cent of Metlifecare, New Zealand's second largest retirement village owner behind the $NZ4.4 billion listed Ryman Healthcare.

And that Metlifecare stake, worth about $NZ250 million, was on the block on Thursday night, with brokers seeking Australian fund managers to bid into the selldown book, as first reported by Street Talk.

It is understood Kiwi broker Forsyth Barr secured the trade at $NZ5.61.

The block trade markedan opportunistic move ahead of Oceania's bookbuild scheduled for next week. It madesense for Infratil to sweep the market for any demand,offering investors a company they already know and management team they can trust.

Interestingly, it was not the only capital markets deal in New Zealand aged care on Thursday.

As this column also revealed, Australian private equity firm Adamantem Capital made its maiden investment by picking up a controlling stake in Heritage Lifecare.

Heritage is a New Zealand aged-care and retirement village operator with 969 beds and 320 living units under management, across 19 facilities.

Heritage Lifecare's existing shareholders, including members of the board and the management team, will retain a stake in partnership with Adamantem

The acquisition values Heritage Lifecare at an enterprise value of NZ$115 million.

It's the first deal for Adamantem, the Sydney-based private equity firm set up by former Pacific Equity Partners dealmakers Anthony Kerwick and Rob Koczkar.

Adamantem reached first close on its new fund late last year, and is expected to hit a final close at about $600 million in coming months.

There is plenty of interest among private equity investors and Adamantem's rivals to see how the new firm fares. Kerwick and Koczkar were well regarded at Pacific Equity Partners, working on deals including Spotless, Griffin's Foods, Energy Developments and Tegel Foods.

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Davis Cup: India lead Uzbekistan 2-0 in Asia-Oceania group tie after hard-fought wins in men’s singles – Firstpost

Posted: at 9:19 pm

Bengaluru: Ramkumar Ramanathan and Prajnesh Gunneswaran handed India a 2-0 lead over Uzbekistan as they staved off a spirited challenge in their respective singles matches in the Davis Cup Asia-Oceania Group I tie in Bengaluru on Friday.

India's Ramkumar Ramanathan during his Davis Cup match against Uzbekistan's Temur Ismailov. AFP

In the first match, 267th ranked Ramanathan overcame Temur Isamilov 6-2 5-7 6-2 7-5, while debutant Gunneswaran, ranked 187, outwitted Sanjar Fayzieb 7-5, 3-6, 6-3, 6-4.

Ismailov is ranked 406, while Fayzieb was played in place of Denis Istomin, who had pulled out of the second round tie due to a foot injury.

To his credit, Ismailov made life difficult for the Indian despite suffering cramps in his right hamstring.

Ramkumar dominated the proceedings before a bout of double faults handed Ismailov a small opening, which the Uzbek grabbed with both hands to make a match of it.

The Indian sealed the opening set in a jiffy and was leading 4-3 in the second when he saw himself down 0-40. He saved two breakpoints but netted a backhand on the third to allow Ismailov stay alive.

The Uzbek played freely while Ramkumar put himself under pressure to finish the job quickly. The nerves got to Ramkumar and, in utter desperation, he squandered four set points and was eventually broken in the 12th game.

The Uzbek had snatched the momentum but suffered cramps in his right leg in the third set, making the job of the Indian easy. Ramkumar ran away with the third set as Ismailov's restricted movements gave him easy points.

Ismailov, though, recovered remarkably after a medical timeout and was battle ready for the fourth set. Ramkumar was always catching up with the Uzbek, holding his serves without fuss, and soon it was 5-5.

Two unforced errors by Ismailov gave Ramkumar three break chances. He converted the third when Ismailov buried a return to the net.

Ramkumar's unforced errors continued as twice he sent down double faults on match points. He though sealed the match with a forehand volley winner.

In the second singles of the day, Guneshwaran won the first, third and fourth set.

In the second set, Gunneswaran trailed Fayziev 1-4 and the Uzbek levelled the match 1-1.

Fayziev led the third set 3-1 as Gunneswaran committed some silly errors, which made his task even more difficult.

But, to his credit, Gunneswaran refused to get bogged down and raced past the Uzbek to take a 4-3 lead.

Gunneswaran won the third set, and led the tie 2-1, before he overwhelmed Sanjar 6-4 in the fourth set and sealed the match in his favour.

Ramkumar later said encouraging words from Leander Paes and Rohan Bopanna helped him in getting India off to a winning start.

"Before the match I spoke to Leander and he told me to play for the country and Davis Cup is a great adventure, so give your best," Ramkumar said.

Bopanna too, "likewise", offered him an advice.

The winner of the tie will qualify for the World Group play-offs, to be played in September.

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Davis Cup: India lead Uzbekistan 2-0 in Asia-Oceania group tie after hard-fought wins in men's singles - Firstpost

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Rocket League Oceania: Open qualifiers recap – The Roar

Posted: at 9:19 pm

On Wednesday, March 15th, 2017, ThrowdownTV announced their collaboration with Psyonix and RLCS to host the Rocket League Oceania RLCS Open Qualifiers.

With the announcement came a multitude of newly-found support, including a $20,000 prize pool and the chance for the Top 2 contending teams to compete at the Rocket League World Championships.

In just two weeks time from this announcement, Rocket League players of Oceania would receive the update they were all waiting for brackets were live, seeded, and ready to go all in due preparation for the 1-day Open Qualifiers.

The Open Qualifiers kicked off spectacularly with 106 completing their registrations and finding the necessary members to compete, the tournament was split quickly into four pools, for management purposes. These pools consisted of roughly 26 teams, randomly seeded from there, the top 16 teams would continue onto a top 64 bracket whittling away the teams until there were only eight teams remaining.

These top eight teams would undoubtedly be the best the Oceanic region has to offer both in skill and in determination for players, as they now face the weekly struggle of ThrowdownTVs RLCS League Play.

Coming into the day, we saw the teams whittle down extremely quickly. The strongest teams took their place at the top, knocking down anybody who stood in their path. While many players had their assumptions on who would be filling those top eight spots, every single team went into the competition with admirable determination, grit, and hope.

As the number of competing teams were slimmed down smaller and smaller with every passing completed match, we saw small upsets begin to form here and there, the underdogs were taking advantage of the small, imperfect cracks of slightly stronger teams and taking them down. However, despite the strength of the underdog teams, the strongest teams of Oceania disposed of them extremely quickly.

It wasnt until later in the day where we saw the first major upset of the tournament Corvidae versus JAM Gaming.

With JAM coming into the ThrowdownTV RLCS OCE Qualifiers considered one of the top four teams to look out for, their loss to Corvidae was a strong, confusing mixture of immense praise for the underdog Corvidae side as well as unsettlement in the competitive Oceanic Rocket League community.

Their loss meant that Corvidae solidified their spot in the League Play tournament, and pushed JAM down into the losers bracket just one more loss away from missing out on RLCS.

Theres no doubt that the day was completely packed full of incredible displays of Rocket League skill, with close games coming up left, right and center throughout both the winner and loser brackets most notably, the incredible reverse sweep that Sand Castle pulled off against the formidable Trident esports team, who seemed more collectively in-form and on-point than they had in their recent weeks.

Despite these extremely close games, however, nothing could have possibly stood out over the final game of the Open Qualifiers tournament Masterminds versus Trident esports.

With Trident esports coming into the tournament in form and convincingly strong, it was already surprising to see Sand Castle recover from their 2-0 deficit and overcome Trident who seemed to be struggling to close out games. What would ensue with the Masterminds versus Trident esports game would be far more surprising.

Masterminds were a team who had seen better days, still struggling with the leaving of up-and-coming powerhouse Kia but they were slowly beginning to look more formed, more on-point and clearly much more focused. With the line-up coming into the tournament being the new core roster of Nerd, Kamii and Requiem a core roster who had huge amounts of experience with competitive Rocket League Masterminds actually looked focused and feisty enough to take out a spot in the League Play, but the odds were weighed against them.

The Trident esports team were playing well together, just struggling to finish up games without dropping their defence.

The series saw an insane level of play from both teams, who had been playing the game the entirety of the day to get to this point. Both teams were tired, out of energy, and lacking focus but Masterminds saw cracks in the Trident esports defence, and capitalized whenever they could.

The series went into an incredible five-game total series, with the fifth game being the clear-cut decider on who would be progressing onto RLCS League Play. At the end of the day, Masterminds Requiem finished the final games overtime with a perfectly-placed shot from above the goal, which Tridents Dreameh just wasnt quick enough to defend the shot, ending the game with Masterminds taking the victory and progressing onto League Play.

With the Masterminds versus Trident eSports games finishing, we see the top eight teams progressing into RLCS League Play become outlined; these teams being 1More, Corvidae, Alpha Sydney, Masterminds, JAM Gaming, Scylla esports, Sand Castle and Legacy esports.

These teams will be competing for the next few weeks against each other, all aiming for one of the top two contending spots, and henceforth, a chance at Rocket League World Championships.

With the Open Qualifiers being a tournament full of nail-biting games, most of which displayed amazing levels of skill, its safe to say that the upcoming League Play will likely house its own fair share of upsets and eventful moments for all players involved.

If the League Play is going to be anything like the Open Qualifiers, which it may very well be, we may see one of the underdogs of the top eight securing a spot at the Rocket League World Championships an event which would be utterly incredible to witness.

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Vector Wins Asia-Oceania Financial Performance Award | Scoop … – Scoop.co.nz (press release)

Posted: at 9:19 pm

07 April 2017

Vector Wins Asia-Oceania Financial Performance Award

Auckland based energy company, Vector, has won a Platinum EEI Asia-Oceania Index Award in Washington D.C. for superior and sustained financial performance.

The Edison Electric Institute (EEI) represents all U.S. investor-owned electric companies in addition to having numerous international members. The EEI assessed 44 Asia-Oceania utility companies for their performance over three years based on rigorous financial metrics in small, medium, and large capitalisation categories. Vector CEO, Simon Mackenzie, accepted the award for the small capitalisation category yesterday at the International Utility Executive Summit.

Its a significant accomplishment for Vector to be recognised by a major organisation like the EEI, and against tough international competition, says Mr Mackenzie.

Vector is owned 75.4 per cent by Entrust, on behalf of Aucklanders who are also our consumers. That plays a huge part in the way we approach our business and the balance we must achieve.

Were in a great place being able to provide good shareholder returns, while investing ahead of the sector in new energy solutions that will deliver better service, choice and control than ever before.

Our financial performance will continue to support an ongoing programme of investment both in our current network and in new solutions that take Aucklanders into a new energy future.

Mr Mackenzie is also part of a delegation led by the Energy Minister, Hon Judith Collins, examining international trends in energy innovation, technology, and sustainability.

ends

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Davis Cup: Mahesh Bhupathi drops Leander Paes from Asia/Oceania Davis Cup tie against Uzbekistan – Bangalore Mirror

Posted: at 9:19 pm

Veteran tennis player Leander Paes was dropped from the Indian team today for the Asia/Oceania Davis Cup tie against Uzbekistan that will be held in Bengaluru from April 7 to 9.

Indian captain Mahesh Bhupathi took the decision and selected Rohan Bopanna to pair with Sriram Balaji in the second round Davis Cup tie in Group 1 of the Asia/Oceania zone to be played at the KSLTA.

Leander Paes in an interview to Times Now, said, "The sport of tennis is a lot bigger than me, playing for the country is a lot bigger than me. I feel I am in good form. I won an ATP challenger tournament. I have come here to represent the country."

When asked about the strategy of having three singles and one doubles players, he said, "I think that every captain has the right to have their choice in choosing the team, especially the best team that can put forward for the tie. For me, that criteria should remain a constant. It should not fluctuate, and it seems to fluctuate a lot in this case."

While Paes has been dropped out, Bopanna and Balaji will feature in the doubles match against Farrukh Dustov and Sanjar Fayziev. Bopanna is ranked 23rd in the world 34 spots above Paes.

This is the first time in 27 years that Leander Paes has been dropped out of the Davis Cup tournament. He debuted his Davis Cup against Japan in 1990. He is currently locked at 42 with Italian legend Nico Pietrangeli and is one win away from the record for most doubles wins in Davis Cup history. (With inputs from Agencies)

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Davis Cup: Mahesh Bhupathi drops Leander Paes from Asia/Oceania Davis Cup tie against Uzbekistan - Bangalore Mirror

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Seychelles part 2: How to spend 3 days in the country – Independent Online

Posted: at 9:18 pm

As I dip my feet in the warm waters of the Grand Anse beach in Seychelles, I am reminded for the millionth time how versatile the country has become for avid travellers like myself. Gone are the days when one only visits Seychelles for honeymoon. In fact, I was surprised at how many families are now choosing the destination for their holidays. I have learned that Seychelles can be explored in just three days, five if you add in flights.It's paradise, something that a person should experience at least once I their lifetime.Its history is pretty informative and insightful, and it's more than sun, sea and sand.Here is how I spent my three days in Seychelles:

Getting there:

Thanks to the new Air Seychelles route to Durban, Seychelles is now only a 5-hour flight away. The airline is currently running a special to celebrate their launch. For an economy ticket, one will pay around R5000 while business class will set you back for around R16 000. The special ends on May 12 for travel up to December 5.

Day 1:Getting familiar with the largest Island in Seychelles: Mahe

I am awoken by the sound of soft crashing of waves at Beau Vallon, one of the many beaches situated in Mahe. I open my hotel room and am met with the gorgeous clear blue pool. Not so far lies the beach, the sea sounding happy. It's a clear day in Seychelles, approximately 29 degrees Celsius and humid.

After a filling breakfast, we check out of our hotel. Our driver, Christopher, takes us around Mahe for the day. Gretel from Seychelles Tourism Board tells us as we pass the clean and lush green streets filled with small shops and vendors that the northern part of Seychelles, including Mahe, has become a tourist attraction.

Many hotels and self catering venues have now emerged, leaving hope for anyone who wants to visit this idyllic county on a budget. The southern part of Seychelles attracts those who want a quiet relaxing holiday. Mountain slopes similar to Signal Hill in Cape Town pave the way.

Quaint houses with banana trees are along the route.

Seychelles and Mauritius are different, says Gretel, as Christopher pumps up Creole music.

Some of us in the car can't help but stomp our feet and tap to the beat.

Our first stop was Mission Lodge, situated below the summit of San Soucis. It is known as the most famous vantage point in Seychelles. The site was once a place for a farm and boarding school for liberated slave children. Opened in 1876, it was previously known as Venn's Town. The ruins where the buildings stood are still visible.While watching the mountain and sea views, I notice Marie Valmont, a small shop owner who travels an hour by bus every day to sell snacks to arriving tourists. Her smile is warm and she has been running the shop for four years.

Also on our itinerary was the colourful Victoria Market.A visit to the market gives a glimpse of Seychelles living and its inhabitants.You have to see the liberation movement monument of a man breaking the chains. It is along the route to the market. The market was built in 1840 and renovated in 1999.

The streets are busy, school children in their brown shorts and crisp white shirts parade along the streets. Some are seen wearing flops. Immediately I am met with a smile from one of the local vendors. Rosemarie Uzice is an upcoming businesswomen who visits Thailand and South Africa regularly to stock up on clothes for her stall. She sells scarves, dresses and t-shirts.

A few meters away lies the fish and vegetable market.There is a demand for fish in Seychelles. Mackerel sells for 25 rupees for a dozen. Flies surround the packed fish tables and there is a strong floating about. Coconuts and other green fruit are on display.

Stall owners are excited to see us.They do not force us to buy their products, but a little support puts a smile on their faces.

Opposite the car park of the market is the only Hindu Temple in Seychelles. Named the Arul Mihu Navasakthi Vinayagar Temple, it was built in1992. It's beautiful bright colours makes it stands out, attracting visitors from all walks of life.On our trip to Eden Island, a manmade island in Mahe, we are told that it is cheaper to hire a car than take a taxi. Locals usually travel by bus that costs five Seychelles rupees per a trip.

Tonight, we spend our time at the Eden Bleu Hotel. We were treated to a three course dinner of octopus salad, red snapper and a dreamy coconut dessert. All meals were prepared by Chef Ricky Madeleine.When I asked about where he drew his inspiration for the dish, he said he learned the techniques from a French pastry chef back in 2002.

Earlier, for lunch, we tried out some Creole cuisine to get familiar with its food and tastes.Curries are big in Seychelles, but not as spicy as what you would find in India or Durban.

The red snapper and prawn curry was beautifully prepared with enough spice to help me finish it all. There are also specialty curries in Seychelles like octopus or bat. Speaking of food, there is a legend that if one tries the breadfruit, one will visit again.

Day 2:Early flight to Praslin

Cycling is the Khanna family from Punjab is Deepa, Manish and Dhruv.

The sunset on Long Beach.

The next day we get up early and head to the airport for Praslin. It is home to Anse Lazio, one of the top five beaches in the world.For around 200 Seychelle rupees, one can take a 15 minute flight from the island of Mahe.

At the airport, a group of school children are all excitement as they prepare for an overnight excursion. Other foreigners filled the seats.Being so early, we get to see the sunrise.The plane itself feels like a private jet, just with more people.

Once at Praslin, pronounced Pralin, we went straight into the exploring. One thing Seychelles is proud of is the coco de mer.The coco de mer has a female and male tree, which can live up to 200 to 400 years. They can only be found at Vallee DE Mai Nature Reserve.

According to our guide at the reserve, it can take up to 25 years to develop.Getting a coco de mer can be hard as a permit is required.Valle de Mai Nature Reserve is a nature park and UNESCO World Heritage Site.Birding is quite popular for tourists.At the reserve is species of six endemic birds, including the Seychelles Bulbul, blue pigeon and black parrot.

We meet many locals, including Phillip Dorby, a labourer who has grown his hair for the past 30 years and wears them in dreadlocks. He is often seen walking the beach after doing some hard manual labour.Elsewhere on Grand Anse in La Digue is Louis Gillert, who has a food and beverage stall on the beach front. His specialty is coconut drinks.

La Digue is a very laid back part of the country where thousands of day visitors flock to every month. It is the fourth biggest island in Seychelles and can be accessed by boat or ferry. Among the popular activities are watersport, cycling and some just come to enjoy lazing on its beaches. The very tropical town exudes elegance with a string of hotels and self catering joints at every corner. There are only 2900 people living on the island

Dania Morel, information officer for La Digue, said it is the only island to use ox carts and bicycles as their mode of transportation.

"We get day trips and returning guests. Some love it so much, they rent a house for three monthsWe are a small community, everyone knows each other, and we encourage tourists to walk, hike and go out, " she said.

Most of our day was spent at La Digue having to chart back by boat.

The rest of the afternoon was spent watching the sunset and taking pictures to capture the moment.By night, after dinner, we decided to watch the stars while on a beach walk on Grand Anse. Crabs were on their way, snipping past us as we were looking towards the sky.

Day 3:Out at sea

It was another early morning, departing from Praslin to Mahe. Today we spend a full day at the Marine Park, consisting of six islands.On board the Odezir catamaran, we blended in with French and Dubai tourists. We were the only South Africans on board, and it showed as the French kept looking at us strangely when some of the group members spoke in IsiZulu.

Before we explored the islands, we anchored at a famous fishing spot to feed fish.Our tour guide Jacqueline gave us some bread and in seconds the fish battled with each other to get their breakfast. Their agility intrigued me.

Moyenne Islands was one of the stops of the tour. The excursion gave new meaning to the word "out at sea" as we took a speedboat to watch the ocean life through a submarine. Afterwards, we enjoyed a hike in Moyenne where we fed turtles. A Russian couple with their three children caught my eye. Their friendliness made talking to them easy. They were on holiday for 10 days.

Some of us dipped our feet in the warm ocean, washing off the white sand off our feet.The tour itself is fascinating as one peers through islands and hear of their rich history. Those who wanted to snorkel had the opportunity to do so, while others chose to tan on board. Prepared on the boat is a fine buffet of Creole food, so rich in taste you want seconds. Despite the long haul on the catamaran, its luxury and comfort helped make it much more easier.

-Clinton Moodley was hosted by Air Seychelles and Seychelles Tourism Board.

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Week in Pictures: Searcys’ showcase and Seychelles: A Taste of Bliss – CIT Magazine

Posted: at 9:18 pm

Seychelles evening

On Wednesday (5 April) Searcys, a collection of restaurants, bars and venues throughout the UK, showcased one of its newest acquisitions, the St Pauls Cathedral, to 200 corporate buyers at an exclusive event. The evening demonstrated the services and creative catering skills that are available at the historical venue, as well as its links to the rest of the Searcys Collection.

Searcys, which operates St Pauls with catering and event management, served up a range of canaps and champagne and the evening was made even more special with a unique, private organ recital. The evening was also supported by Lavender Green, who dressed the venue with stunning flowers, and Wise Productions, who provided the lighting and AV for the evening.

The Seychelles- A Taste of Bliss evening was hosted on Thursday (6 April) in partnership with The Seychelles Tourism Board, Etihad Airways, Savoy Resort & Spa and Avenue Sales & Marketing in an exclusive roof top of the Penthouse at the Cheval Residences, overlooking Tower Bridge and The Shard. Agencies in attendance included Black Tomato, Banks Sadler, CWT Meetings & Events, Adding Value,Green Pleasant Events, Inception Global, Red Eye Events, AOK, CMM andHigh Commissioner of the Republic of Seychelles Mr Derrick Ally.

The exclusive preview evening included an interactive presentation and a Discover Seychelles island quiz, during which guests learnt about the wide variety of group incentive activities available in The Seychelles. Authentic Seychelles Creole food and beverages were served up by Seychelles Pop-Up Kitchen Vinn Goute.

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Let’s take lessons from Seychelles and divesify economy – The Star, Kenya

Posted: at 9:18 pm

Kenya and the Seychelles on Monday entered into an agreement to expand their ties in trade and security. In addition, President Danny Faure and his Kenyan counterpart Uhuru Kenyatta agreed that Kenya will continue to export human resource to the island country. Labour that it increasingly need.

This was during the Seychelles Presidents three-day state visit to Kenya. Their meeting also resulted in a broad-based agreement that will see more Kenyan agricultural products exports to the Seychelles.They are consuming more.

President Faure said it made more economic sense for his country to import beef and poultry from Kenya instead of countries such as Brazil. As reported by local media, the Seychelles will, on their part, support Kenya in developing its maritime sector especially the fishing industry, which Kenya has paid little attention to since independence. President Faure announced that his country would support Kenya to make the port of Mombasa develop the capacity to act as a fish transshipment port.

Other areas of partnership are in tourism development and cooperation in processing information and intelligence sharing in fisheries and marine security. This is the inter-African trade arrangement that we have always been pushing for. In 2012, trade between Kenya and Seychelles was worth Sh550 million - low but increasing every year. Kenya exported goods worth Sh183.3 million the Seychelles and imported goods worth Sh367 million. Kenyas main exports to the Seychelles include agricultural and medical products. Their exports to Kenya include fish products. In March 24, the two countries signed a double taxation avoidance agreement.

With the tax treaty, reinforced with the current visa exemption, trade experts estimated trade flows between the two countries would increase up to tenfold. This would also give Kenya and opportunity to do business with the wider Common Market for Eastern and Southern Africa countries.

After Independence in 1976, the Seychelles developed from a largely agricultural society to a market-based diversified economy. This is the direction that we should take as a country.

We need to undertake fiscal consolidation and initiate economic reforms to adequately respond to the magnitude and persistence of the climate change and population growth that have adversely affected our agricultural sector. We have less land to cultivate and the environment is no longer favourable for farming, leading to persistent drought every now and then. We need alternatives.

For instance, French plantations were the main industry of the Seychelles until 1971, when the international airport opened. Overnight, tourism became a serious industry, basically dividing the economy into plantations and tourism. The tourism sector paid better, and the plantation economy could only expand so far. It is no surprise that President Faure had to leave his hotel as early as 5am on Wednesday to visit the Nairobi National Park.

The plantation sector of the economy declined in prominence, and tourism and fishing became the primary industries of the Seychelles. In the 1960s, about 33 per cent of the working population worked on plantations, but by 2006 it was less than three per cent.

Lets learn from their systems. We must not be short-sighted by the deals we signed with the Seychelles, lets look at the bigger picture. We could have learnt something from the Asian Tigers, we didnt.

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Boost for KQ as open sky deal with Seychelles secured – The Star, Kenya

Posted: at 9:18 pm

National carrier Kenya Airways has secured unlimited flights to Seychelles, boosting its turnaround strategy.

KQ has signed an MoU with the Seychelles Tourism Board which will allow the airline to increase its weekly flights to five from the current four.

But Maurice Loustau-Lalanne, Seychelles tourism, civil aviation, ports and marines minister, said Kenya Airways is free to increase its flights to any number depending on capacity.

"Kenya Airways is not restricted. It can go to seven or more. This is an open agreement," Lalanne said during the signing at the Transport ministry.

Read: Seychelles to import beef, poultry from Kenya, says it will bolster fishing industry

The agreement is expected to promote tourism and boost intra Africa trade.

It is also anchored on aspiration to strengthen the airline presence in Seychelles.

Increased frequency will increase KQs revenues, a boost to its ongoing recovery strategy as it strives to return to profitability.

"This partnership will also underscore the important role that Kenya Airways plays in the African economy development, specifically creating vital linkages between the continent and the international market, on which tourism and other key sectors depend on and thrive, " Kenya Airways CEO Mbuvi Ngunze said.

Lalanne also challenged KQ to ensure it has cargo capacity to handle exports and imports between the two countries, in the renewed bilateral trade agreements.

Sychelleses targets to export hundreds of tonnes of fish to Kenya, while import flowers, vegetables and meat products which they import from New Zealand Australia and Brazil.

Transport CS James Macharia affirmed the government's commitment to supporting Kenya Airways Operations. He said the government was also keen on securing more bilateral agreements

The deal comes a day after Seychelles President Danny Faure arrived in the country on a three-day state visit.

He signed bilateral agreements with the Kenyan government to increase trade, share skills and experience, by coming up with new marketing strategies.

Read: Seychelles President Danny Faure gets full honours on first visit to Kenya

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Flow airs Library of Caribbean focused content – St. Lucia Times Online News (press release)

Posted: at 9:18 pm

MIAMI, FL, April 6, 2017 For the first time, Flow TV customers across the Caribbean will be able to see Caribbean themed content at their convenience via Flows on Demand platform. Through a partnership with CaribbeanTales Worldwide Distribution (CTWD), customers will be able to access a variety of Caribbean films, from an extensive library every month onFlow On Demandin eight (8) Flow TV markets.

John Reid, CEO of Cable & Wireless, the operator of the consumer brandFlow, said: This is certainly a historic moment forCable & Wireless/Flow and our partners CaribbeanTales, as together we will deliver high quality, relevant Caribbean content that gives audience a refreshing perspective on Caribbean life. CEO and Founder ofCaribbeanTales, Frances-Anne Solomon, said, We are delighted to extend our relationship with Flow to a wide regional audience who will now enjoy the best films from the greatest filmmakers across the Caribbean.

In 2013, CTWD launched its own VOD platform, CaribbeanTales-TV, with ongoing global streaming of its Catalogue. Now, with Flows extensive VOD reach across eight (8) countries, this new partnership makes the Catalogues content more widely accessible to Caribbean audiences.

The VOD partnership was launched in February with four compelling films celebrating Trinidads iconic Carnival. In March the spotlight was on International Womens Day (March 8th), with four award-winning films by and about Caribbean women. There were two feature films:What My Mother Told Me,the ground-breaking, multi-award winning, dramatic narrative by CaribbeanTales CEO Frances-Anne Solomon one of the few films directed by a Trinidadian woman that deals with the survival strategies of middle-class Caribbean women. The other feature is Bahamian filmmaker Maria GovansRain,a young womans coming-of-age story. The two documentaries are:The Solitary Alchemist, directed by Mariel Brown, chronicling the life and work of Trinidadian artist Barbara Jardine; and Candice Lela-RolingsonsPositive and Pregnant, a seminal film about a woman who becomes pregnant and is HIV positive.

Aprils theme centers on the iconic Caribbean instrument developed in the backyard and streets of Port of Spain the steel pan. This months titles are:Atiba Williams Pan Prodigy, Trinidad and Tobagoniandirector Christopher Lairds film about theyoungest person ever to arrange for a steelband;Panomundo Part 1 The Evolution of Steel Pan, the first of atwo-part documentary by Charysse Tia Harper about the history of the steelpan and its global influence;Lets Play Panby Canadian director Ian Jones,which explores the evolution from the skin drum to the steel drum and its introduction to Toronto; and also the Frances-Anne Solomon-directedHeartbeat Season 1 Episode 9 Ian Jones, where Jones talks about How The Steel Pan Is Changing Lives.

Each month, Flow plans to release more CaribbeanTales films via Flow on Demand including one film for free!

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Flow airs Library of Caribbean focused content - St. Lucia Times Online News (press release)

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