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MONDAY | MAY 19, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 19 • Page 12 • Price `10
pg 10
pg 07
pg 08
pg03
Continued to page 03
what makes
mozambique
so special??
Miss Fine face
gets $5,000
from kcee
Modi in Power
with new Approach to
Africa
sustainability
through
innovation
pg 02
World
Economic
Forum first
time in Nigeria
World will
see tourism
returning to
Egypt
Wassupafrica02
World Economic Forum
first time in Nigeria
Indian Ocean Rim Association
(IORA) Tourism and Travel
Mart to be held in Seychelles
The 2014 World Economic Forum
(WEF) on Africa ended up in
the Nigerian capital, drawing
investment worth more than
68 billion U.S. dollars. More
than 900 leaders from business,
government, civil society and
academia participated in the three-
day meeting from 7th to 9th May.
According to the WEF’s Africa
Director Elsie Kanza said: “A
Nigerian company would invest
about 16 billion dollars over the
next four years, which will create
around 180,000 jobs. Another
company will invest 1 billion
dollars over the next 10 years and
which will create at least 20,000
jobs”. “A total of 2 billion dollars
from donor agencies has been
committed to improve electricity
supply across Nigeria, and 700
million dollars to the immunization
program,” she added.
It was the first when this three-
day event of World Economic
Forum,underthethemeof“Forging
Inclusive Growth, Creating Jobs,”
was held in a West African country.
As part of the WEF programme,
Nigeria’s Minister of Petroleum
and Minister of Power co-chaired
a special session on the African
energy outlook, moderated by Dr.
Birol and with the partaking of
It has been confirmed that the
Seychelles will be hosting the 2014
Indian Ocean Rim Association
(IORA) Tourism and Travel Mart
which from the 19th to 21st
September 2014.
The aim of the 2014 Indian
Ocean Rim Association (IORA)
Tourism and Travel mart is to
bring together policy makers and
stakeholders in the tourism and
travel industry. This will include
both the Seychelles, Regional
and International Tourism
Organisations, Travel Agencies,
Hotels, Tour Operators and
Airlines under the same roof.
The Tourism and Travel
Mart is also an opportunity
to bring together Tourism
Ministers of the Indian Ocean
Rim Association (IORA)
member states which would
be the perfect occasion to
discuss the possibilities of
strengthening and expanding
the regions tourism industry.
Minister Alain St.Ange,
the Seychelles Minister
responsible for tourism and
Culture has personally written
to Ministers of Tourism from the
Indian Ocean Rim Association
(IORC) to invite them to attend
and participate actively in this
important regional event.
The decision for the Indian
Ocean Rim Association (IORA)
to host their Tourism and Travel
Mart in Seychelles was taken
when Minister Alain St.Ange, the
Seychelles Minister responsible
selected high-level personalities,
counting the USAID Administrator,
the Minister of Energy of Benin, the
Deputy Minister of Power of Ghana,
the UN Special Representative
for the Sustainable Energy for All
initiative and top executives from
Shell, Mitsubishi, Dow Chemical,
ENI and other companies.
In the context of WEF Summit,
the IEA Chief Economist conveyed
keynote demonstrations at
sessions deliberating the prospect
of electricity and the impending
impact of climate change on the
continent. He also had several
bilateral meetings, including with
Nigeria’s Minister of Petroleum,
Minister of Power and Governor
of the Central Bank, as well as
with Japan’s Vice Minister for
Environment and the Ambassadors
of several IEA members: Italy,
Japan, Norway, the United Kingdom
and the European Union (who also
hosted a dinner with 15 high-level
participants).
The status and effectiveness of
the “Africa Energy Outlook” study
were consistently documented,
with reference of its latent to add
significantly to the continent’s
development. This was imitated
by the level of engagement by
government and central bank of
Nigeria, which will be sending a
senior official to the IEA to work on
the report.
for Tourism and Culture met with
the IORC Secretary General, Mr
K.V. Bhagirath at his organisation's
headquarters in Mauritius. The
Indian Ocean Rim Association is
a 19 Nation group pushing for
Regional Cooperation.
India, Bangladesh, Australia,
Indonesia,Iran,Kenya,Madagascar,
Malaysia, Mauritius, Mozambique,
Oman, Singapore, South Africa,
Sri Lanka, Tanzania, Thailand,
the United Arab Emirates, Yemen
and Seychelles and members of
the Indian Ocean Rim Association
(IORA) with China, Japan, Egypt,
France and Britain having the
status of dialogue partners in the
group.
During the meeting in
Mauritius in 2013 between
Minister Alain St.Ange, the Minister
of Tourism and Culture of the
Seychelles and Mr K. V. Bhagirath,
the Secretary General of the Indian
Ocean Rim Organisation (IORA)
the strengthening cooperation
between the Indian Ocean Rim
Association (IORC) and the Indian
The first phase of an electrification project at Drobonso, the capital of Sekyere
Afram Plains, has been completed. This was made possible through efforts
of the Ministry of Energy to connect people in the newly created district to the
national grid. Under the first phase of the project, only streetlights have been
connected to the national grid, while the second phase, yet to be started,
would be the wiring of the various households and installation of electric
metres. A 14.2 km stretch of electric poles wiring commenced on September
15, 2013 and was completed on December 15, 2013. The Resident Engineer,
Mr Kwadwo Asare of the Wilkins Engineering, told the Daily Graphic that
power was connected from Deduako near Atebubu in the Brong Ahafo Region
to Drobonso. At a ceremony at Drobonso, both the Member of Parliament
for Sekyere Afram Plains, Mr Alex Adomako-Mensah, and the District Chief
Executive, Mr Donkor Fuseini, were assisted by the Dronbonsohene, Nana
Dwamena Dankwa Dwubisiaw, to inaugurate the first phase of the project.
He pledged his support for the electrification project at Drobonso, as that
was his place of abode, and called on the government to quicken efforts
to commence the second phase, when electricity would be extended to the
various households.
After the inauguration, the street lights would be working for about two
weeks after which they would be disconnected to avoid the situation whereby
residents could indulge in illegal wiring. The MP indicated that only three
districts in the country including Sekyere Afram Plains had benefited from the
government's rural electrification project. He further indicated that the project
was approved in May 2013 to allow rural communities to be hooked on to
the national grid. He said light was life, and asked the people of Drobonso,
particularly schoolchildren, to take advantage of the streetslights to learn and
improve their academic lives. The DCE, for his part, said the assembly was
quickening efforts to collaborate with ECG to begin the second phase of the
project as soon as possible. He said of the 1,500 households, about 800
of the residents had paid or registered their electric metres, and called on
others who had not registered to do so in time. He said the assembly would
liaise with the ECG to help educate the people on the use of electricity in
their various homes. He however, advised the people to guard against illegal
connection within the period.
Modern Ghana
First phase of Drobonso
electrification project completed
Ocean Vanilla Islands Regional
Organisation was also discussed as
itnowacceptedthattheimportance
of the Indian Ocean, the world's
third largest as a trade corridor
and energy highway, is being
seen as undeniable as it provides
passage to half of the international
container ships and more that 70
percent of crude and oil shipments.
The meeting in Mauritius followed
the Vanilla Islands Ministerial
Meeting in Madagascar on the 1
june 2013 after Minister Alain
St.Ange of the Seychelles had
been re-elected to a second term
of office as President of the
Vanilla Islands following a
joint motion presented by
La Reunion, Madagascar,
Comoros and Mayotte for
the Seychelles Minister
responsible for Tourism and
Culture to consider leading the
organisation for a second year.
Minister Alain St.Ange of
the Seychelles has said that he
was thrilled to be welcoming
Member States of the Indian
Ocean Rim Association (IORA)
to the Travel Mart in Seychelles.
"We are a good destination to be
used as the example to showcase
tourism. Our tourism industry
remains the pillar of our economy
and yet we have managed to
remain environmentally friendly
and developing a sustainable style
of tourism." Minister St.Ange of the
Seychelles said.
Ministry of Tourism and
Culture, Seychelles
MONDAY | MAY 19, 2014
BUSINESS REGISTRATION
Business Registration at Registrar General’s Department (RGD)
All Limited Liability companies are expected to fill out the relevant Application
Forms, which serve as the Company’s Regulations. All companies must have
an auditor, who must be a member of the Institute of Chartered Accountants,
but should not be an officer or servant of the company or be an employee or
partner of such persons. When all such forms have been filled satisfactorily and
relevant fees paid, a Certificate of Incorporation and a Certificate to Commence
Business are issued. Below are the basic costs and fees applicable at the RGD
office.
Cost of Registration
Items	 Fee (GHS)	 Fee (USD)
Registration Form	 10	 5.26
1(A)Limited Liability
Incorporation	 120	63.16
Certification	 15	7.89
Filing of form 3 & 4	 40	21.05
Commencement	 0.5% of Stated Capital	 0.5% of Stated Capital
Auditor’s Fee Varies	 	
Note: The exchange rate used in the table above is USD/GHS=1.9. It is
subject to change.
Register with the Centre (GIPC)
The GIPC is responsible for registering all Enterprises in Ghana.
Application Procedure:
Investors are required to complete Investor Registration Forms (Form GIPC/
R1) in triplicate. Within five (5) days from the date of orderly receipt of these
forms (and its attachments) the GIPC will formally register the investment.
Step1Step2
G
hana’s wealth of resources,
democratic political system
and dynamic economy,
makes it undoubtedly one of
Africa’s leading foreign investment
destinations.
Gaining the world’s confidence
with a peaceful political transition
and a grounded and firm
commitment to democracy has
helped in expediting Ghana’s
growth in foreign direct investment
(FDI) in recent years. Ghana has
attracted the attention of well-
known international businesses,
investing in all sectors of the
economy.
Building on significant natural
resources, Ghana is committed
to improving its physical
infrastructure. Moreover, Ghana
CountryoftheWeek04
Advertiser's Index
Modern Agro ............................................................................... 	Page 02
Chadha Power ............................................................................. Page 02
A. Nairsons....................................................................................	Page 04
NewTech Engineers ......................................................................Page 05
Linc Pens ......................................................................................	Page 05
KS Infosystems..............................................................................Page 07
LESDEP..........................................................................................Page 08
SSP Pvt. Ltd .................................................................................	Page 10
Indocorp.......................................................................................	Page 10
Prakash Amusement ...................................................................	Page 10
Mil India.........................................................................................Page 11
Laxmi Publications (P) Ltd.............................................................Page 11
Radeecal Communications ..........................................................Page 12
THE TIMES OF AFRICA ................................................................Page 12
US$200.00
Expatriate Employment Quotas
Automatic expatriate employment
quotas allowed for foreign
companies are –
»» Investment of US$ 50,000 to
US$ 250,000 – 1 quota
»» Between US$ 250,000 & US$
500,000 – 2 quotas
»» Between US$ 500,000 & US$
700,000 – 3 quotas
»» US$ 700,000 and above – 4
quotas.
Taxes
Companies operating in Ghana
are liable to pay varied levels of
taxes depending on the sector of
operation, and the location of the
projectandwhetherthecompanyis
Ghana
INVESTING IN
Ghana Immigration Service
The Ghana Immigration Service has been established as the agency
of the government of Ghana to advise on and to ensure the effective
implementation of all laws and regulations pertaining to immigration
and related issues. The Ghana Immigration Service is mandated to
regulate and monitor the entry, residence, employment and exit of all
foreigners. Movement of Ghanaians in and out of the country is equally
monitored.
Resident Permit/Person (ECOWAS)		 (GH¢100) / US$ 42.00
Resident Permit/Person – Others		 (GH¢200) / US$ 84.00
Re-Entry Permits (Single/Multiple)		 (US$50)/(US$100.00)
Ghana Investment Promotion Centre
Automatic Quota (per person)		 US$500/ GH¢950
Additional Quota (per person)		 US$2,500/GH¢4,750
Replacement of Quota (per person)		 US$500/ GH¢950
Short term Quota: 1 year & below		 US$2,500/GH¢4,750
Short term Quota:2-3 years			 US$3,500/GH¢6,650
has embarked on an ambitious but
achievable reform programme to
improve the investment climate
for both local and international
investors.
Ghana has a solid tradition of
investments in agriculture and
agro-processing.
The financial services and
telecommunications sectors are
fast gaining ground, providing
dynamic and innovative services to
the most diverse customers in the
world. Further opportunities exist
in manufacturing, ICT, and Tourism.
Mineral deposits including gold
and diamond abound; Ghana
started commercial production of
oil in December 2010 and further
explorations are ongoing.
COST OF DOING BUSINESS
IN GHANA
Labour / Employment
The Labour Act 651 of 2003
regulates employment and
labour issues in Ghana. This Act
consolidates all laws relating to
labour, employers, trade unions
and industrial relations.
The Value of Labour
The current minimum wage is at
GHS4.48 per day as at February,
2012. Also below is the average
salary for unskilled, semi-skilled
and skilled workers.
listed on the Ghana Stock Exchange.
Taxable profits are based on profits
declared in audited accounts
subject to adjustments made
for capital allowances. For more
information on the tax rates in
2011 visit Website: www.irs.gov.gh
Locational Incentives (Tax
Rebates)
a) Manufacturing industries
located in:
»» Accra and Tema 25%
»» All other regional capitals
18.75%
»» Located outside regional
CATEGORY OF 	 AVERAGE MINIMUM	 AVERAGE MAXIMU
WORKER	 ANNUAL SALARY/US$	 ANNUAL SALARY/US$
UNSKILLED	 1,799.59	 5,709.27
SEMI-SKILLED	 1,981.82	 6,886.01
SKILLED	 5,008.55	 27,467.50
The following are some other
fees and charges expected in the
case of the employment expatriates
resident in Ghana.
Ghana Free Zones Board
Resident Permit/Person/Year -
capitals 12.50%
b) After the initial 5-year tax
holiday period, Agro-processing
enterprises which use local
agricultural raw materials as their
main inputs shall have corporate
tax rates fixed according to their
location as follows:
»» Accra – Tema 20%
»» Other Regional Capitals (except
Northern, Upper East and
Upper West Regional Capitals)
10%
»» Outside Regional Capitals 0%
»» Northern, Upper East and
Upper West Regions (capitals
and all other locations)0%
Exemptions
Industrial plant, machinery or
equipment and parts thereof are
exempted from customs import
dutyundertheHSCodeschapter82,
84, 85 and 98. An enterprise whose
plant, machinery or equipment and
parts are not zero rated under the
Customs, Excise and Preventive
Service Management Act, 1993
may submit an application for
exemption from import duties
and related charges on the plant,
machinery or equipment or parts of
the plant, machinery or equipment
to the Centre.
Investment Guarantees
»» Constitutional guarantee
»» Investment laws which
guarantee 100% transfer
profits, dividends, etc.
»» MIGA membership
»» BilateralInvestmentPromotion
Treaties (BITs)
»» Double Taxation Agreements
(DTAs)
Income tax incentives are
provided under the Internal
Investment Incentives - Tax Holidays
(From Start of Operation)
Sector	 No. of years	 Percentage(%)
Real Estate	 5 years	
Rural Banks	 After 10 years 	 8%
	 tax holiday	
Cattle ranching	 10 years	
Tree cropping (e.g. coffee, oil	 10 years
palm, shea-butter and coconut)		
Livestock excluding cattle 	 5 years
and poultry		
Fish farming, poultry and 	 5 years
cash crops		
Agro-Processing – converting 	 5 years
fish, livestock into edible
canned products		
Waste processing (including	 7 years
plastics and polythene		
Free Zones Enterprise/		 8%	
Development (after 10 years
of operation)
Revenue Act, 2000 (Act 592)
and further amended by Internal
Revenue (Amendment) (No.2) ACT,
2006 (ACT 710)6.
MONDAY | MAY 19, 2014
Let’s not create JOBS
Let’s create JOB creators
SUSTAINABLE
ENTERPRISES
HANDHOLDING
BUSINESS
DEVELOPMENT
TRAINING
INCUBATOR








LOCAL ENTERPRENEUR SKILL DEVELOPMENT & EDUCATIONAL PROGRAM


  
    
TALKINGTECHNOLOGY08
Z
ydex Industries is a dynamic,
researchdrivenorganization.
With a modest beginning
in 1997, Zydex® has rapidly
evolved into a multi-product,
multidiscipline organization
catering to businesses like
Textiles, Waterproofing, Paints &
Sealers, Roads, Agriculture and
Industrial Chemicals.
Zydex® is promoted by Dr.
Ajay Ranka, a Chemical Engineer
with Ph. D in Polymer Sciences
from USA. Dr Ranka has many
US, European and Indian Patents
to his credit. Under his dynamic
leadership, Zydex is poised for
leading a global revolution in
the areas of Road Infrastructure
& Rural Development, using
Nanotechnology.
Zydex R&D lab is working on
the anticipated needs of tomorrow
with a focus on sustainability.
We are deeply committed to
developing sustainable and eco-
friendly chemical technologies
for all our divisions. We also
practice sustainability concept
by meeting 90% of our electricity
requirements through wind
energy.
Zydex nanotechnology based
road related products holistically
provide a top-down approach to
address moisture and bonding
issues related to asphalt layer,
prime coat, tack coat and soil base.
All our products are green, easy to
use, and offer excellent value for
money.
The road solutions pave the
way for future green roads and
highways, with significantly
increased moisture resistance &
durability, energy savings and
lower construction/maintenance
costs.
Globally, Zydex operates in
over 40 countries through its
subsidiaries and professional
distribution network.
Zydex Vision
Vision: To create a sustainable
future for the world by achieving
‘Resource Extension’ economically,
by reducing usage of limiting
resources and extending life cycle.
Roads are the lifeline for
the health & sustained growth
of any economy. Zydex is set to
revolutionize road construction,
with a complete suite of
nanotechnology based products
which holistically provide
solutions to address moisture and
bonding issues related to asphalt
layer, prime coat, tack coat and
soil bases.
The road solutions pave the
way for future green roads and
highways, with significantly
higher moisture resistance &
durability, energy savings and
lower construction/maintenance
costs.
Nanotechnology
Nanoscience and nanotechnology
are the study and application
of extremely small objects. It is
widely used in India, in the fields
of chemistry, biology, physics,
materialsscience,andengineering.
Owing to many unique
characteristics of nanotechnology,
newly developed nano based
products can significantly solve
hitherto unsolved problems.
The reason why
Nanotechnology is so innovative
and revolutionary lies in quantum
mechanics.
Behavior of matter changes
significantly when the surface
area to volume ratio increases
dramatically. Classical physics no
longer controls the behavior of
the material which is now under
the control of quantum laws.
This fact gives the nano-
Challenges and
Solutions
Bulk of pavement deterioration
is due to moisture ingress. Water
ingress in to soil bases causes
undulations and cracking of
the top pavement layers. The
situation is further aggravated in
cold countries, where freeze-thaw
cycles are common.
Asphalt pavements are highly
susceptible to water-induced
damage, mainly due to stripping
(de-bonding of asphalt from
aggregate stones). This results in
raveling, potholes etc.
Non-availability of good
quality aggregates, need to
pave in sub-optimal conditions
ZYDEX INDUSTRIES
Tack Coat- Chemically Bonded
Tack Coat
 Excellent bonding of
bituminous surface to the tack
coat
 Improves stability, lowers
surface tension of cationic
bitumen emulsion; Reduces
droplet size and improves
spray coverage
 Allows better wetting,
spreading, Quick sets with
reductioninbitumenemulsion
per SQM
Prime Coat-Quick Penetrative
Priming in One Hour
 Ensures excellent spreading,
deep penetration and
make it cost negative
 Uniform spraying, no nozzle
chocking
Subgrade- Waterproof In-situ
Soils to make Impermeable
Layers
 Eliminates capillary rise and
expansion and contraction
cycles in Sub Grade
 Creates breathable
waterproofed layer, prevents
water entry in to soil but
allows Water Vapour to
escape out
 Retain strength, maintains
frictional value between silt,
sand and clay particles.
Side Shoulder  Slopes -
Waterproofing  Bonding of
Soils
 Arrests soil erosion
Environment friendly Zydex
Nanotechnology conserves
limiting resources like aggregates
and bitumen. It also allows use
of in-situ soils minimizing use of
fuel for transporting good soils
over long distances. At the time
of construction it minimizes odor
and fumes from the bitumen
mixes making it friendly to the
paving crew.
Zydex Nanotechnology
ensures all-season, pothole-free
roads; ensuring trouble free
driving, faster transportation
leading to a healthy economy.
For more details email to
info@zydexindustries.com or
visit www.zydexindustries.com
Sustainability through Innovation
structured material new abilities
and properties that may be more
favorable than the ones of the bulk
material version. A good example
is that some polymers, although
being insulators in the bulk form,
they become semiconductors at
the nano scale.
Today scientists and engineers
in India are exploring variety
materials at the nano scale, to
avail benefits of their enhanced
properties viz. higher strength,
lighter weight, increased control
of light spectrum, and greater
chemical reactivity than their
larger-scale counterparts.
Nanotechnology: Zydex
has developed waterproofing
products for Soil, Concrete, Stones,
Bricks  all siliceous substrates.
For road construction, Zydex
offers a chemically reactive anti-
strip nanotechnology for durable
(low ambient temperatures)
etc are examples of some other
challenges faced.
Zydex Nanotechnology can
easily overcome these issues.
Innovative Solution
Research teams at Zydex
Industries; have developed
world’s first innovative silane
nanotechnology for roads. Zydex
Nanotechnology ensures
 Chemical bonding, complete
coating  consistent
compaction of the Asphalt
layers.
 Chemically bonded, Tack free
Tack coat for 100 % stress
transfer.
 Penetrative, quick setting,
waterproofed, tack free Prime
coat.
 Soil stabilization 
Waterproofing of road bases
 slopes.
 Moisture resistant,
maintenance free, sustainable
roads.
Nanotechnology
for long life
pavements
Asphalt Layers - Binder Course
 Wearing Course
 Eliminates de-bonding /
stripping
 Higher Pavement Strength-
Increased TSR’s/Marshall
strength with similar flow
value
 Consistent and higher
compaction densities with
same compaction effort/
lower passes
waterproofing to get tack free
surface
 Eliminates tire pick up
 Enables wetting, spreading
and reduction in emulsion to
Nanotechnology
paves way to a
‘Greener tomorrow’
by saving energy.
Dr. Ajay Ranka,
Chief Executive Officer
(Ph. D. Polymer Science USA)
roads. It reacts with aggregates
to form ‘asphalt-loving’ non-polar
hydrophobic aggregate surfaces
at HMA processing temperatures.
It eliminates de-bonding
of asphalt mixes caused by
inadequate and incomplete
coating, coupled with moisture
ingress and enhances durability of
asphalt pavements.
MONDAY | MAY 19, 2014
ENCOUNTER WITH EDITOR12
Excellency, you have a distinguished
career, how would you comment
on your this posting on serving
Government of India in Seychelles, an
African country?
I feel deeply honoured to represent
India in this beautiful and friendly
country Seychelles with whom we have
close cooperation and relationship, much
before independence, culturally and at
all levels  sectors after Independence
of Seychelles. My experience as a
representative of India in this country
for the last more than two years has
been very fruitful and great learning
experience.
Seychelles is endowed with
mesmerizing landscape and beautiful
beaches is a perfect destination for
holidaying. How do you strategize to
attract more tourists from India?
Seychelles is a great tourism
destination, which attracts tourists
from many parts of the world. Though
the number of tourists from India
to Seychelles is small, it is gradually
increasing.
We are working together with the
Government of Seychelles and various
agencies in India as well as in Seychelles
to increase tourism cooperation. One of
the bottlenecks in this venture is lack
of direct airlinks, which I feel, would
be operational sometime by the end of
the year. I am hopeful that this will help
more tourists to come from India to this
country.
In addition, the first Seychelles India
Day celebrated last year in October
had tourism promotion as one of the
objectives. I am sure, the event has
achieved and would be achieving this
objective in the years to come.
What is the percentage of Indian
Diaspora in the country and how they
are contributing to the economy?
The Indian diaspora, who roughly
form about 7 to 10% of the population
and are mostly from various economic
 commercial walks of life have
contributed to the economy of Seychelles.
Most of them are in sectors such as
construction, retail business, finance,
hospitality, etc.
After the success of 1st India Day that
took place in Seychelles in November
2013, which other events are
anticipated to take place in future?
I would like to say that the first
Seychelles India Day was held in October
last year and is proposed to be held every
year. In addition to this, we expect to be
able to take part in holding other cultural
events on various occasions, such as
Carnival in Seychelles, the National Day,
India’s National Day, Diwali and the like.
Seychelles has joined hands with Sri
Lanka for the development of the ‘Blue
Economy’ as a means of protecting
and better utilizing marine resources.
In your view, how can India take
advantage by applying this concept of
Blue economy?
Blue Economy is an issue which
is gaining popularity and people have
started to understand the meanings and
implications. India also, having many
islands and also having a big part of the
country bordered by blue seas, could
take advantage of the resources of the
seas. I feel, there are many ways  means
and areas in which India and Seychelles
could cooperate in taking advantage of
the resources of the seas.
Piracy is a big threat for the country.
Please give us your insight on the
same and what efforts have been done
to overcome this challenge?
Since piracy has threatened the
region, Seychelles and India have
cooperated in various ways to combat
the threat.
We have cooperated in capacity
building for Seychelles. We have given to
Seychelles a Patrol Vessel Topaz as well
as Dornier Aircraft for use for the same
purpose. In addition, we have extended
cooperation to Seychelles through
deputation of maritime Security Adviser
and a Technical Adviser as also through
positioning of a Dornier Aircraft with full
complement of crew for about two years
till the time Seychelles received its own
Dornier Aircraft gifted by India.
Moreover, we have also assisted
Seychelles in deploying Indian Naval
vessels to patrol the EEZ of Seychelles.
What kind of visa assistance is
forwarded by the Indian High
Commissioner to ease the coming of
Indian people to Seychelles?
Seychelles does not require advance
visa arrangement for Indians or for
anybody who likes to visit. Therefore,
there is no need of specific assistance.
Your views on the last visit of the Vice
President of Seychelles to India?
We are deeply honoured that Vice
President of Seychelles H.E. Mr. Danny
Faure has participated in the Delhi
Sustainable Development Summit 2014.
This is the first such visit by the Vice
President of Seychelles to India. The visit
has contributed strong dynamism to the
bilateral relationship.
H.E. Mr. Thanglura Darlong took over reins as High Commissioner of India to the Republic of Seychelles in
August 2011. The High Commissioner is putting his best foot forward for the expansion of stronger relations
between both the countries. In a candid interview to IAT, the envoy stressed the need for India to put on the
concept of Blue Economy to take better advantage of the resources of the seas.
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I feel deeply honoured to represent India
in this beautiful and friendly country
H.E. Mr.
Thanglura
Darlong
High
Commissioner
of India to
Seychelles





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Volume 1 issue 19

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Volume 1 issue 19

  • 1. www.indoafricatimes.com MONDAY | MAY 19, 2014 Title Code: DELENG18579 • RNI NO: DELENG/2014/54666 • Postal Registration No.: DN/325/2014-2016 • VOL. 1 • NO. 19 • Page 12 • Price `10 pg 10 pg 07 pg 08 pg03 Continued to page 03 what makes mozambique so special?? Miss Fine face gets $5,000 from kcee Modi in Power with new Approach to Africa sustainability through innovation pg 02 World Economic Forum first time in Nigeria World will see tourism returning to Egypt
  • 2. Wassupafrica02 World Economic Forum first time in Nigeria Indian Ocean Rim Association (IORA) Tourism and Travel Mart to be held in Seychelles The 2014 World Economic Forum (WEF) on Africa ended up in the Nigerian capital, drawing investment worth more than 68 billion U.S. dollars. More than 900 leaders from business, government, civil society and academia participated in the three- day meeting from 7th to 9th May. According to the WEF’s Africa Director Elsie Kanza said: “A Nigerian company would invest about 16 billion dollars over the next four years, which will create around 180,000 jobs. Another company will invest 1 billion dollars over the next 10 years and which will create at least 20,000 jobs”. “A total of 2 billion dollars from donor agencies has been committed to improve electricity supply across Nigeria, and 700 million dollars to the immunization program,” she added. It was the first when this three- day event of World Economic Forum,underthethemeof“Forging Inclusive Growth, Creating Jobs,” was held in a West African country. As part of the WEF programme, Nigeria’s Minister of Petroleum and Minister of Power co-chaired a special session on the African energy outlook, moderated by Dr. Birol and with the partaking of It has been confirmed that the Seychelles will be hosting the 2014 Indian Ocean Rim Association (IORA) Tourism and Travel Mart which from the 19th to 21st September 2014. The aim of the 2014 Indian Ocean Rim Association (IORA) Tourism and Travel mart is to bring together policy makers and stakeholders in the tourism and travel industry. This will include both the Seychelles, Regional and International Tourism Organisations, Travel Agencies, Hotels, Tour Operators and Airlines under the same roof. The Tourism and Travel Mart is also an opportunity to bring together Tourism Ministers of the Indian Ocean Rim Association (IORA) member states which would be the perfect occasion to discuss the possibilities of strengthening and expanding the regions tourism industry. Minister Alain St.Ange, the Seychelles Minister responsible for tourism and Culture has personally written to Ministers of Tourism from the Indian Ocean Rim Association (IORC) to invite them to attend and participate actively in this important regional event. The decision for the Indian Ocean Rim Association (IORA) to host their Tourism and Travel Mart in Seychelles was taken when Minister Alain St.Ange, the Seychelles Minister responsible selected high-level personalities, counting the USAID Administrator, the Minister of Energy of Benin, the Deputy Minister of Power of Ghana, the UN Special Representative for the Sustainable Energy for All initiative and top executives from Shell, Mitsubishi, Dow Chemical, ENI and other companies. In the context of WEF Summit, the IEA Chief Economist conveyed keynote demonstrations at sessions deliberating the prospect of electricity and the impending impact of climate change on the continent. He also had several bilateral meetings, including with Nigeria’s Minister of Petroleum, Minister of Power and Governor of the Central Bank, as well as with Japan’s Vice Minister for Environment and the Ambassadors of several IEA members: Italy, Japan, Norway, the United Kingdom and the European Union (who also hosted a dinner with 15 high-level participants). The status and effectiveness of the “Africa Energy Outlook” study were consistently documented, with reference of its latent to add significantly to the continent’s development. This was imitated by the level of engagement by government and central bank of Nigeria, which will be sending a senior official to the IEA to work on the report. for Tourism and Culture met with the IORC Secretary General, Mr K.V. Bhagirath at his organisation's headquarters in Mauritius. The Indian Ocean Rim Association is a 19 Nation group pushing for Regional Cooperation. India, Bangladesh, Australia, Indonesia,Iran,Kenya,Madagascar, Malaysia, Mauritius, Mozambique, Oman, Singapore, South Africa, Sri Lanka, Tanzania, Thailand, the United Arab Emirates, Yemen and Seychelles and members of the Indian Ocean Rim Association (IORA) with China, Japan, Egypt, France and Britain having the status of dialogue partners in the group. During the meeting in Mauritius in 2013 between Minister Alain St.Ange, the Minister of Tourism and Culture of the Seychelles and Mr K. V. Bhagirath, the Secretary General of the Indian Ocean Rim Organisation (IORA) the strengthening cooperation between the Indian Ocean Rim Association (IORC) and the Indian The first phase of an electrification project at Drobonso, the capital of Sekyere Afram Plains, has been completed. This was made possible through efforts of the Ministry of Energy to connect people in the newly created district to the national grid. Under the first phase of the project, only streetlights have been connected to the national grid, while the second phase, yet to be started, would be the wiring of the various households and installation of electric metres. A 14.2 km stretch of electric poles wiring commenced on September 15, 2013 and was completed on December 15, 2013. The Resident Engineer, Mr Kwadwo Asare of the Wilkins Engineering, told the Daily Graphic that power was connected from Deduako near Atebubu in the Brong Ahafo Region to Drobonso. At a ceremony at Drobonso, both the Member of Parliament for Sekyere Afram Plains, Mr Alex Adomako-Mensah, and the District Chief Executive, Mr Donkor Fuseini, were assisted by the Dronbonsohene, Nana Dwamena Dankwa Dwubisiaw, to inaugurate the first phase of the project. He pledged his support for the electrification project at Drobonso, as that was his place of abode, and called on the government to quicken efforts to commence the second phase, when electricity would be extended to the various households. After the inauguration, the street lights would be working for about two weeks after which they would be disconnected to avoid the situation whereby residents could indulge in illegal wiring. The MP indicated that only three districts in the country including Sekyere Afram Plains had benefited from the government's rural electrification project. He further indicated that the project was approved in May 2013 to allow rural communities to be hooked on to the national grid. He said light was life, and asked the people of Drobonso, particularly schoolchildren, to take advantage of the streetslights to learn and improve their academic lives. The DCE, for his part, said the assembly was quickening efforts to collaborate with ECG to begin the second phase of the project as soon as possible. He said of the 1,500 households, about 800 of the residents had paid or registered their electric metres, and called on others who had not registered to do so in time. He said the assembly would liaise with the ECG to help educate the people on the use of electricity in their various homes. He however, advised the people to guard against illegal connection within the period. Modern Ghana First phase of Drobonso electrification project completed Ocean Vanilla Islands Regional Organisation was also discussed as itnowacceptedthattheimportance of the Indian Ocean, the world's third largest as a trade corridor and energy highway, is being seen as undeniable as it provides passage to half of the international container ships and more that 70 percent of crude and oil shipments. The meeting in Mauritius followed the Vanilla Islands Ministerial Meeting in Madagascar on the 1 june 2013 after Minister Alain St.Ange of the Seychelles had been re-elected to a second term of office as President of the Vanilla Islands following a joint motion presented by La Reunion, Madagascar, Comoros and Mayotte for the Seychelles Minister responsible for Tourism and Culture to consider leading the organisation for a second year. Minister Alain St.Ange of the Seychelles has said that he was thrilled to be welcoming Member States of the Indian Ocean Rim Association (IORA) to the Travel Mart in Seychelles. "We are a good destination to be used as the example to showcase tourism. Our tourism industry remains the pillar of our economy and yet we have managed to remain environmentally friendly and developing a sustainable style of tourism." Minister St.Ange of the Seychelles said. Ministry of Tourism and Culture, Seychelles MONDAY | MAY 19, 2014
  • 3. BUSINESS REGISTRATION Business Registration at Registrar General’s Department (RGD) All Limited Liability companies are expected to fill out the relevant Application Forms, which serve as the Company’s Regulations. All companies must have an auditor, who must be a member of the Institute of Chartered Accountants, but should not be an officer or servant of the company or be an employee or partner of such persons. When all such forms have been filled satisfactorily and relevant fees paid, a Certificate of Incorporation and a Certificate to Commence Business are issued. Below are the basic costs and fees applicable at the RGD office. Cost of Registration Items Fee (GHS) Fee (USD) Registration Form 10 5.26 1(A)Limited Liability Incorporation 120 63.16 Certification 15 7.89 Filing of form 3 & 4 40 21.05 Commencement 0.5% of Stated Capital 0.5% of Stated Capital Auditor’s Fee Varies Note: The exchange rate used in the table above is USD/GHS=1.9. It is subject to change. Register with the Centre (GIPC) The GIPC is responsible for registering all Enterprises in Ghana. Application Procedure: Investors are required to complete Investor Registration Forms (Form GIPC/ R1) in triplicate. Within five (5) days from the date of orderly receipt of these forms (and its attachments) the GIPC will formally register the investment. Step1Step2 G hana’s wealth of resources, democratic political system and dynamic economy, makes it undoubtedly one of Africa’s leading foreign investment destinations. Gaining the world’s confidence with a peaceful political transition and a grounded and firm commitment to democracy has helped in expediting Ghana’s growth in foreign direct investment (FDI) in recent years. Ghana has attracted the attention of well- known international businesses, investing in all sectors of the economy. Building on significant natural resources, Ghana is committed to improving its physical infrastructure. Moreover, Ghana CountryoftheWeek04 Advertiser's Index Modern Agro ............................................................................... Page 02 Chadha Power ............................................................................. Page 02 A. Nairsons.................................................................................... Page 04 NewTech Engineers ......................................................................Page 05 Linc Pens ...................................................................................... Page 05 KS Infosystems..............................................................................Page 07 LESDEP..........................................................................................Page 08 SSP Pvt. Ltd ................................................................................. Page 10 Indocorp....................................................................................... Page 10 Prakash Amusement ................................................................... Page 10 Mil India.........................................................................................Page 11 Laxmi Publications (P) Ltd.............................................................Page 11 Radeecal Communications ..........................................................Page 12 THE TIMES OF AFRICA ................................................................Page 12 US$200.00 Expatriate Employment Quotas Automatic expatriate employment quotas allowed for foreign companies are – »» Investment of US$ 50,000 to US$ 250,000 – 1 quota »» Between US$ 250,000 & US$ 500,000 – 2 quotas »» Between US$ 500,000 & US$ 700,000 – 3 quotas »» US$ 700,000 and above – 4 quotas. Taxes Companies operating in Ghana are liable to pay varied levels of taxes depending on the sector of operation, and the location of the projectandwhetherthecompanyis Ghana INVESTING IN Ghana Immigration Service The Ghana Immigration Service has been established as the agency of the government of Ghana to advise on and to ensure the effective implementation of all laws and regulations pertaining to immigration and related issues. The Ghana Immigration Service is mandated to regulate and monitor the entry, residence, employment and exit of all foreigners. Movement of Ghanaians in and out of the country is equally monitored. Resident Permit/Person (ECOWAS) (GH¢100) / US$ 42.00 Resident Permit/Person – Others (GH¢200) / US$ 84.00 Re-Entry Permits (Single/Multiple) (US$50)/(US$100.00) Ghana Investment Promotion Centre Automatic Quota (per person) US$500/ GH¢950 Additional Quota (per person) US$2,500/GH¢4,750 Replacement of Quota (per person) US$500/ GH¢950 Short term Quota: 1 year & below US$2,500/GH¢4,750 Short term Quota:2-3 years US$3,500/GH¢6,650 has embarked on an ambitious but achievable reform programme to improve the investment climate for both local and international investors. Ghana has a solid tradition of investments in agriculture and agro-processing. The financial services and telecommunications sectors are fast gaining ground, providing dynamic and innovative services to the most diverse customers in the world. Further opportunities exist in manufacturing, ICT, and Tourism. Mineral deposits including gold and diamond abound; Ghana started commercial production of oil in December 2010 and further explorations are ongoing. COST OF DOING BUSINESS IN GHANA Labour / Employment The Labour Act 651 of 2003 regulates employment and labour issues in Ghana. This Act consolidates all laws relating to labour, employers, trade unions and industrial relations. The Value of Labour The current minimum wage is at GHS4.48 per day as at February, 2012. Also below is the average salary for unskilled, semi-skilled and skilled workers. listed on the Ghana Stock Exchange. Taxable profits are based on profits declared in audited accounts subject to adjustments made for capital allowances. For more information on the tax rates in 2011 visit Website: www.irs.gov.gh Locational Incentives (Tax Rebates) a) Manufacturing industries located in: »» Accra and Tema 25% »» All other regional capitals 18.75% »» Located outside regional CATEGORY OF AVERAGE MINIMUM AVERAGE MAXIMU WORKER ANNUAL SALARY/US$ ANNUAL SALARY/US$ UNSKILLED 1,799.59 5,709.27 SEMI-SKILLED 1,981.82 6,886.01 SKILLED 5,008.55 27,467.50 The following are some other fees and charges expected in the case of the employment expatriates resident in Ghana. Ghana Free Zones Board Resident Permit/Person/Year - capitals 12.50% b) After the initial 5-year tax holiday period, Agro-processing enterprises which use local agricultural raw materials as their main inputs shall have corporate tax rates fixed according to their location as follows: »» Accra – Tema 20% »» Other Regional Capitals (except Northern, Upper East and Upper West Regional Capitals) 10% »» Outside Regional Capitals 0% »» Northern, Upper East and Upper West Regions (capitals and all other locations)0% Exemptions Industrial plant, machinery or equipment and parts thereof are exempted from customs import dutyundertheHSCodeschapter82, 84, 85 and 98. An enterprise whose plant, machinery or equipment and parts are not zero rated under the Customs, Excise and Preventive Service Management Act, 1993 may submit an application for exemption from import duties and related charges on the plant, machinery or equipment or parts of the plant, machinery or equipment to the Centre. Investment Guarantees »» Constitutional guarantee »» Investment laws which guarantee 100% transfer profits, dividends, etc. »» MIGA membership »» BilateralInvestmentPromotion Treaties (BITs) »» Double Taxation Agreements (DTAs) Income tax incentives are provided under the Internal Investment Incentives - Tax Holidays (From Start of Operation) Sector No. of years Percentage(%) Real Estate 5 years Rural Banks After 10 years 8% tax holiday Cattle ranching 10 years Tree cropping (e.g. coffee, oil 10 years palm, shea-butter and coconut) Livestock excluding cattle 5 years and poultry Fish farming, poultry and 5 years cash crops Agro-Processing – converting 5 years fish, livestock into edible canned products Waste processing (including 7 years plastics and polythene Free Zones Enterprise/ 8% Development (after 10 years of operation) Revenue Act, 2000 (Act 592) and further amended by Internal Revenue (Amendment) (No.2) ACT, 2006 (ACT 710)6. MONDAY | MAY 19, 2014
  • 4. Let’s not create JOBS Let’s create JOB creators SUSTAINABLE ENTERPRISES HANDHOLDING BUSINESS DEVELOPMENT TRAINING INCUBATOR         LOCAL ENTERPRENEUR SKILL DEVELOPMENT & EDUCATIONAL PROGRAM           TALKINGTECHNOLOGY08 Z ydex Industries is a dynamic, researchdrivenorganization. With a modest beginning in 1997, Zydex® has rapidly evolved into a multi-product, multidiscipline organization catering to businesses like Textiles, Waterproofing, Paints & Sealers, Roads, Agriculture and Industrial Chemicals. Zydex® is promoted by Dr. Ajay Ranka, a Chemical Engineer with Ph. D in Polymer Sciences from USA. Dr Ranka has many US, European and Indian Patents to his credit. Under his dynamic leadership, Zydex is poised for leading a global revolution in the areas of Road Infrastructure & Rural Development, using Nanotechnology. Zydex R&D lab is working on the anticipated needs of tomorrow with a focus on sustainability. We are deeply committed to developing sustainable and eco- friendly chemical technologies for all our divisions. We also practice sustainability concept by meeting 90% of our electricity requirements through wind energy. Zydex nanotechnology based road related products holistically provide a top-down approach to address moisture and bonding issues related to asphalt layer, prime coat, tack coat and soil base. All our products are green, easy to use, and offer excellent value for money. The road solutions pave the way for future green roads and highways, with significantly increased moisture resistance & durability, energy savings and lower construction/maintenance costs. Globally, Zydex operates in over 40 countries through its subsidiaries and professional distribution network. Zydex Vision Vision: To create a sustainable future for the world by achieving ‘Resource Extension’ economically, by reducing usage of limiting resources and extending life cycle. Roads are the lifeline for the health & sustained growth of any economy. Zydex is set to revolutionize road construction, with a complete suite of nanotechnology based products which holistically provide solutions to address moisture and bonding issues related to asphalt layer, prime coat, tack coat and soil bases. The road solutions pave the way for future green roads and highways, with significantly higher moisture resistance & durability, energy savings and lower construction/maintenance costs. Nanotechnology Nanoscience and nanotechnology are the study and application of extremely small objects. It is widely used in India, in the fields of chemistry, biology, physics, materialsscience,andengineering. Owing to many unique characteristics of nanotechnology, newly developed nano based products can significantly solve hitherto unsolved problems. The reason why Nanotechnology is so innovative and revolutionary lies in quantum mechanics. Behavior of matter changes significantly when the surface area to volume ratio increases dramatically. Classical physics no longer controls the behavior of the material which is now under the control of quantum laws. This fact gives the nano- Challenges and Solutions Bulk of pavement deterioration is due to moisture ingress. Water ingress in to soil bases causes undulations and cracking of the top pavement layers. The situation is further aggravated in cold countries, where freeze-thaw cycles are common. Asphalt pavements are highly susceptible to water-induced damage, mainly due to stripping (de-bonding of asphalt from aggregate stones). This results in raveling, potholes etc. Non-availability of good quality aggregates, need to pave in sub-optimal conditions ZYDEX INDUSTRIES Tack Coat- Chemically Bonded Tack Coat Excellent bonding of bituminous surface to the tack coat Improves stability, lowers surface tension of cationic bitumen emulsion; Reduces droplet size and improves spray coverage Allows better wetting, spreading, Quick sets with reductioninbitumenemulsion per SQM Prime Coat-Quick Penetrative Priming in One Hour Ensures excellent spreading, deep penetration and make it cost negative Uniform spraying, no nozzle chocking Subgrade- Waterproof In-situ Soils to make Impermeable Layers Eliminates capillary rise and expansion and contraction cycles in Sub Grade Creates breathable waterproofed layer, prevents water entry in to soil but allows Water Vapour to escape out Retain strength, maintains frictional value between silt, sand and clay particles. Side Shoulder Slopes - Waterproofing Bonding of Soils Arrests soil erosion Environment friendly Zydex Nanotechnology conserves limiting resources like aggregates and bitumen. It also allows use of in-situ soils minimizing use of fuel for transporting good soils over long distances. At the time of construction it minimizes odor and fumes from the bitumen mixes making it friendly to the paving crew. Zydex Nanotechnology ensures all-season, pothole-free roads; ensuring trouble free driving, faster transportation leading to a healthy economy. For more details email to info@zydexindustries.com or visit www.zydexindustries.com Sustainability through Innovation structured material new abilities and properties that may be more favorable than the ones of the bulk material version. A good example is that some polymers, although being insulators in the bulk form, they become semiconductors at the nano scale. Today scientists and engineers in India are exploring variety materials at the nano scale, to avail benefits of their enhanced properties viz. higher strength, lighter weight, increased control of light spectrum, and greater chemical reactivity than their larger-scale counterparts. Nanotechnology: Zydex has developed waterproofing products for Soil, Concrete, Stones, Bricks all siliceous substrates. For road construction, Zydex offers a chemically reactive anti- strip nanotechnology for durable (low ambient temperatures) etc are examples of some other challenges faced. Zydex Nanotechnology can easily overcome these issues. Innovative Solution Research teams at Zydex Industries; have developed world’s first innovative silane nanotechnology for roads. Zydex Nanotechnology ensures Chemical bonding, complete coating consistent compaction of the Asphalt layers. Chemically bonded, Tack free Tack coat for 100 % stress transfer. Penetrative, quick setting, waterproofed, tack free Prime coat. Soil stabilization Waterproofing of road bases slopes. Moisture resistant, maintenance free, sustainable roads. Nanotechnology for long life pavements Asphalt Layers - Binder Course Wearing Course Eliminates de-bonding / stripping Higher Pavement Strength- Increased TSR’s/Marshall strength with similar flow value Consistent and higher compaction densities with same compaction effort/ lower passes waterproofing to get tack free surface Eliminates tire pick up Enables wetting, spreading and reduction in emulsion to Nanotechnology paves way to a ‘Greener tomorrow’ by saving energy. Dr. Ajay Ranka, Chief Executive Officer (Ph. D. Polymer Science USA) roads. It reacts with aggregates to form ‘asphalt-loving’ non-polar hydrophobic aggregate surfaces at HMA processing temperatures. It eliminates de-bonding of asphalt mixes caused by inadequate and incomplete coating, coupled with moisture ingress and enhances durability of asphalt pavements. MONDAY | MAY 19, 2014
  • 5. ENCOUNTER WITH EDITOR12 Excellency, you have a distinguished career, how would you comment on your this posting on serving Government of India in Seychelles, an African country? I feel deeply honoured to represent India in this beautiful and friendly country Seychelles with whom we have close cooperation and relationship, much before independence, culturally and at all levels sectors after Independence of Seychelles. My experience as a representative of India in this country for the last more than two years has been very fruitful and great learning experience. Seychelles is endowed with mesmerizing landscape and beautiful beaches is a perfect destination for holidaying. How do you strategize to attract more tourists from India? Seychelles is a great tourism destination, which attracts tourists from many parts of the world. Though the number of tourists from India to Seychelles is small, it is gradually increasing. We are working together with the Government of Seychelles and various agencies in India as well as in Seychelles to increase tourism cooperation. One of the bottlenecks in this venture is lack of direct airlinks, which I feel, would be operational sometime by the end of the year. I am hopeful that this will help more tourists to come from India to this country. In addition, the first Seychelles India Day celebrated last year in October had tourism promotion as one of the objectives. I am sure, the event has achieved and would be achieving this objective in the years to come. What is the percentage of Indian Diaspora in the country and how they are contributing to the economy? The Indian diaspora, who roughly form about 7 to 10% of the population and are mostly from various economic commercial walks of life have contributed to the economy of Seychelles. Most of them are in sectors such as construction, retail business, finance, hospitality, etc. After the success of 1st India Day that took place in Seychelles in November 2013, which other events are anticipated to take place in future? I would like to say that the first Seychelles India Day was held in October last year and is proposed to be held every year. In addition to this, we expect to be able to take part in holding other cultural events on various occasions, such as Carnival in Seychelles, the National Day, India’s National Day, Diwali and the like. Seychelles has joined hands with Sri Lanka for the development of the ‘Blue Economy’ as a means of protecting and better utilizing marine resources. In your view, how can India take advantage by applying this concept of Blue economy? Blue Economy is an issue which is gaining popularity and people have started to understand the meanings and implications. India also, having many islands and also having a big part of the country bordered by blue seas, could take advantage of the resources of the seas. I feel, there are many ways means and areas in which India and Seychelles could cooperate in taking advantage of the resources of the seas. Piracy is a big threat for the country. Please give us your insight on the same and what efforts have been done to overcome this challenge? Since piracy has threatened the region, Seychelles and India have cooperated in various ways to combat the threat. We have cooperated in capacity building for Seychelles. We have given to Seychelles a Patrol Vessel Topaz as well as Dornier Aircraft for use for the same purpose. In addition, we have extended cooperation to Seychelles through deputation of maritime Security Adviser and a Technical Adviser as also through positioning of a Dornier Aircraft with full complement of crew for about two years till the time Seychelles received its own Dornier Aircraft gifted by India. Moreover, we have also assisted Seychelles in deploying Indian Naval vessels to patrol the EEZ of Seychelles. What kind of visa assistance is forwarded by the Indian High Commissioner to ease the coming of Indian people to Seychelles? Seychelles does not require advance visa arrangement for Indians or for anybody who likes to visit. Therefore, there is no need of specific assistance. Your views on the last visit of the Vice President of Seychelles to India? We are deeply honoured that Vice President of Seychelles H.E. Mr. Danny Faure has participated in the Delhi Sustainable Development Summit 2014. This is the first such visit by the Vice President of Seychelles to India. The visit has contributed strong dynamism to the bilateral relationship. H.E. Mr. Thanglura Darlong took over reins as High Commissioner of India to the Republic of Seychelles in August 2011. The High Commissioner is putting his best foot forward for the expansion of stronger relations between both the countries. In a candid interview to IAT, the envoy stressed the need for India to put on the concept of Blue Economy to take better advantage of the resources of the seas. Owner / Publisher / Editor: Mr. Kirit Sobti from 3rd Floor, Plot No. 3, Block PSP-IV, Service Centre Opp. Sector-11 (Extn.), Rohini, Delhi-85 Printed at LIPEE SCAN PVT. 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Mr. Thanglura Darlong High Commissioner of India to Seychelles      Our Presence in Africa The Exclusive in IndiaAfrican Magazine Launched in 2008, has succeeded in makingTHE TIMES OF AFRICA successful in-roads to the reading desks of diplomatic and corporate houses in Africa and India ?ARE YOUIN IT ADVERTISE WITH US Reap benefits by adding us into your advertising mix MONDAY | MAY 19, 2014