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Seychelles Marketing Board
Seychelles Marketing Board (SMB) was a government State-owned enterprise, parastatal company based in Victoria, Seychelles, Victoria, Seychelles. Since its formation in 1985, it dominated the importation of goods to Seychelles, particularly essential goods and was the main wholesaler of goods. SMB used to operate a large prawn farm on Coëtivy Island. In 2008 most of its assets were transferred to the Seychelles Trading Company (STC). Until 2008 the football team now called Super Magic Brothers was called "Seychelles Marketing Board".Europa Publications (2003)''Africa South of the Sahara'' Psychology Press. p. 966. References External links Seychelles Trading Company, Ltd., official page
Companies of Seychelles Government-owned companies Companies established in 1985 1985 establishments in Seychelles Marketing boards {{Seychelles-stub ...
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Victoria, Seychelles
Victoria () is the capital and largest city of the Republic of Seychelles, situated on the north-eastern side of Mahé island, the archipelago's main island. The city was first established as the seat of the British colonial government. In 2010, the population of Greater Victoria (including the suburbs) was 26,450 (26.66%) out of the country's total population of 99,202. History The area that would become Victoria was originally settled in 1778 by French colonists after they claimed the island in 1756. The town was called ''L'Établissement'' until 1841 when it was renamed to Victoria by the British, after Queen Victoria. Economy Tourism is an important sector of the economy. The principal exports of Victoria are vanilla, coconuts, coconut oil, fish and guano. Education The Mont Fleuri campus of the University of Seychelles is in Victoria. Culture Attractions in the city include a clocktower modelled on Little Ben in London, the courthouse, the Botanical Gardens, th ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision of ...
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Import
An import is the receiving country in an export from the sending country. Importation and exportation are the defining financial transactions of international trade. In international trade, the importation and exportation of goods are limited by import quotas and mandates from the customs authority. The importing and exporting jurisdictions may impose a tariff (tax) on the goods. In addition, the importation and exportation of goods are subject to trade agreements between the importing and exporting jurisdictions. History Definition Imports consist of transactions in goods and services to a resident of a jurisdiction (such as a nation) from non-residents. The exact definition of imports in national accounts includes and excludes specific "borderline" cases. Importation is the action of buying or acquiring products or services from another country or another market other than own. Imports are important for the economy because they allow a country to supply nonexistent, ...
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Seychelles Trading Company
Seychelles (, ; ), officially the Republic of Seychelles (french: link=no, République des Seychelles; Creole: ''La Repiblik Sesel''), is an archipelagic state consisting of 115 islands in the Indian Ocean. Its capital and largest city, Victoria, is east of mainland Africa. Nearby island countries and territories include the Comoros, Madagascar, Mauritius, and the French overseas departments of Mayotte and Réunion to the south; and Maldives and the Chagos Archipelago (administered by the United Kingdom as the British Indian Ocean Territory) to the east. It is the least populated sovereign African country, with an estimated 2020 population of 98,462. Seychelles was uninhabited prior to being encountered by Europeans in the 16th century. It faced competing French and British interests until coming under full British control in the late 18th century. Since proclaiming independence from the United Kingdom in 1976, it has developed from a largely agricultural society to a ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Seychelles
Seychelles (, ; ), officially the Republic of Seychelles (french: link=no, République des Seychelles; Creole: ''La Repiblik Sesel''), is an archipelagic state consisting of 115 islands in the Indian Ocean. Its capital and largest city, Victoria, is east of mainland Africa. Nearby island countries and territories include the Comoros, Madagascar, Mauritius, and the French overseas departments of Mayotte and Réunion to the south; and Maldives and the Chagos Archipelago (administered by the United Kingdom as the British Indian Ocean Territory) to the east. It is the least populated sovereign African country, with an estimated 2020 population of 98,462. Seychelles was uninhabited prior to being encountered by Europeans in the 16th century. It faced competing French and British interests until coming under full British control in the late 18th century. Since proclaiming independence from the United Kingdom in 1976, it has developed from a largely agricultural societ ...
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Coëtivy Island
Coëtivy Island is a small coral island in the Seychelles south of Mahé, at . Along with Île Platte, the nearest neighbor northwest, it comprises the Southern Coral Group and therefore belongs to the Outer Islands. History It was named after Chevalier de Coëtivy, commander of the Ile de France who first sighted the island in 1771. In 1908 it was transferred from Mauritius to Seychelles. In 1970 the island was purchased by the parastatal Seychelles Marketing Board (SMB). In 1989, SMB began producing shrimp. Coëtivy Island became famous for its shrimp farms ( black tiger prawn) and shrimp processing plant that operated on the island. Large scale production began on August 1992. However, in 2008, due to hard financial times, the plant closed. in 2009, the island became the site of an active prison ( Ministry of Internal Affairs choice) for low security prisoners and a rehabilitation center for drug abusers. Visitation is strictly controlled and access is only possible ...
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Super Magic Brothers
Super Magic Brothers is a football club based in Victoria, Seychelles. Until 2008, the team was called Seychelles Marketing Board (the name of a government parastatal company). They were relegated to the 2nd Division in November 2009. Performance in CAF competitions *CAF Confederation Cup The CAF Confederation Cup, known as the TotalEnergies CAF Confederation Cup for sponsorship purposes, is an annual association football club competition established in 2004 from a merger of the CAF Cup and the African Cup Winners' Cup and org ...: 1 appearance :: 2006 – Preliminary Round Current squad Football clubs in Seychelles Organizations with year of establishment missing {{Seychelles-footyclub-stub ...
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Companies Of Seychelles
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artific ...
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Government-owned Companies
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Companies Established In 1985
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ...
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1985 Establishments In Seychelles
The year 1985 was designated as the International Youth Year by the United Nations. Events January * January 1 ** The Internet's Domain Name System is created. ** Greenland withdraws from the European Economic Community as a result of a new agreement on fishing rights. * January 7 – Japan Aerospace Exploration Agency launches '' Sakigake'', Japan's first interplanetary spacecraft and the first deep space probe to be launched by any country other than the United States or the Soviet Union. * January 15 – Tancredo Neves is elected president of Brazil by the Congress, ending the 21-year military rule. * January 20 – Ronald Reagan is privately sworn in for a second term as President of the United States. * January 27 – The Economic Cooperation Organization (ECO) is formed, in Tehran. * January 28 – The charity single record " We Are the World" is recorded by USA for Africa. February * February 4 – The border between Gibraltar and Spain r ...
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