27th June 2022
By Lewis Betsy We’ve come a very long way to get where we are today. So on the eve of another national celebration, let me wish the people of Seychelles at home and abroad a Happy Independe... more...
New challenge: Kevin Betsy has been made manager of Crawley Town Football Club
9th June 2022
by Lewis Betsy The outstanding career of Seychelles-born footballer Kevin Betsy has taken another major step forward.He has been appointed the first-team manager of Crawley Town Football Club, We... more...
Victims Group
11th May 2022
By Lewis Betsy The work of the Truth, Reconciliation and National Unity Commission is slowly drawing to a close.It has been an emotional time.People have given heart-rending testimonies, with som... more...
A family strong together: Carlette with her sons Fazal, Jafar and Hatim
28th February 2022
By Lewis BetsyFamily and friends have been paying tribute to Carlette Ball, “The Iron Lady of Seychelles”, who has died aged 77.Carlette, nee Tall, like many others suffered terribly under... more...
Carlette Ball: She loved Seychelles
26th January 2022
We are saddened to announce that Carlette Ball, a brave Seychellois who loved the islands, has died.She passed away in the early morning of 26th January, 2022.Carlette, nee Tall, was born on the 7th A... more...
Plea for unity: Lewis Betsy, Publisher of Seychelles Life
20th December 2021
By Lewis Betsy I would like to wish everyone a Merry Christmas and a Happy and Prosperous New Year.But while I want you to look forward to a better 2022, I also think a glance back on the past fe... more...
Tribute: President Wavel Ramkalawan speaks at the Foundation launch
2nd December 2021
 By Lewis Betsy The Gerard Hoarau Foundation was launched in an emotional ceremony at Beau Vallon that was marked by both pride and sadness. Pride that Gerard’s efforts and sacrifice a... more...
Honouring a Seychellois hero: Colin Dyer
16th November 2021
By Lewis Betsy It is rewarding that in the country of his birth Gerard Hoarau is at last being being recognised for his courage in trying to bring about democracy to Seychelles.Gerard was assassi... more...

Chinese traders must aim for a win-win situation in Africa, says Sir James

1st June 2015

Advice: Sir James Mancham
Advice: Sir James Mancham

Chinese businessmen were given advice about investing in Africa, by Sir James Mancham.

“The decision of the Chinese government to seriously invest in Africa has pulled the door wide open for Chinese entrepreneurs to get into Africa,” he said.

“But arriving there is one thing and staying there amicably on a long-term basis would require the progress and consolidation of a win-win situation from the standpoint of both parties.”

Sir James was commenting on a remark at the Tong He Hui Entrepreneurs Forum in Shanghai, when it was said that China was becoming “the most important player on the African continent particularly with respect to infrastructural development”.

China has also signed a historic agreement with the government of Chile to provide Latin America with a railway system that will run along the Pacific coast of South America.

Sir James said: “It is ironical to note that from a so-called communist base China is emerging as the most capitalistic nation in the world today, taking over from the United States which is becoming more and more socialist orientated.

“Perhaps this is not surprising when we live in a world where most individuals are socialist when it comes to third parties' wealth but very capitalistic when it comes to their own individual wealth.”

Sir James, who shared the VIP guest speakers rostrum with John Howard, former Prime Minister of Australia, is to attend the Third Ocean Summit hosted by The Economist in Portugal.

He said this conference is relevant to Seychelles, particularly as the government of President James Michel has over been agressively opening new development frontiers with the Blue Economy in mind.

This is not surprising, he said, since the maritime space belonging to Seychelles is roughly three and half times greater than the total size of the federal Republic of Germany. Seychelles has taken the lead in building regional partnerships to enhance the security of its maritime space.

Latest News

Unity for a purpose: the way Seychelles can progress and enjoy peace and harmony
27th June 2022
By Lewis Betsy We’ve come a very long way to get where we are today. So on the eve of… more...
Kevin Betsy kicks off a new era with football’s Red Devils
9th June 2022
New challenge: Kevin Betsy has been made manager of Crawley Town Football Club
by Lewis Betsy The outstanding career of Seychelles-born footballer Kevin Betsy has taken another… more...
Hope for fairness and justice as the Truth Commission moves into its final phase
11th May 2022
Victims Group
By Lewis Betsy The work of the Truth, Reconciliation and National Unity Commission is slowly… more...
We will miss this brave woman who was truly the Iron Lady of Seychelles
28th February 2022
A family strong together: Carlette with her sons Fazal, Jafar and Hatim
By Lewis BetsyFamily and friends have been paying tribute to Carlette Ball, “The Iron Lady… more...
Our brave sister Carlette has died
26th January 2022
Carlette Ball: She loved Seychelles
We are saddened to announce that Carlette Ball, a brave Seychellois who loved the islands, has died.She… more...
Seychelles needs to work more on unity to help its people progress further in 2022
20th December 2021
Plea for unity: Lewis Betsy, Publisher of Seychelles Life
By Lewis Betsy I would like to wish everyone a Merry Christmas and a Happy and Prosperous New… more...
Pride and sadness as the Gerard Hoarau Foundation is launched
2nd December 2021
Tribute: President Wavel Ramkalawan speaks at the Foundation launch
 By Lewis Betsy The Gerard Hoarau Foundation was launched in an emotional ceremony at… more...
Foundation established in Seychelles to pay tribute to the life and courage of Gerard Hoarau
16th November 2021
Honouring a Seychellois hero: Colin Dyer
By Lewis Betsy It is rewarding that in the country of his birth Gerard Hoarau is at last being… more...
July's News
News Archive