In brief 18-09-2014 Great Scott, dot what? Later today, Scotland will decide whether it wants to remain part of the UK or become independent. It’s a momentous decision, to be sure and one that may well have far reaching ramifications for the union. But the devil, as they say, is in the details. A yes vote, for instance, will require the country to come up with its very own web suffix to replace co.uk. He may have battled hordes of imperialist soldiers, but not even Braveheart had to make such a fiendishly difficult decision. The obvious choice, as commentators have remarked, would be .sc, except that it’s already been adopted by Seychelles. Alas, not even .sl is available as it belongs to Sierra Leone. So what’s an independent Scot to do? The answer is as clear as day: .scot, even if it’s probably the only web suffix to sound like someone’s name. The Fund is back on the town Given the tough economic climate currently prevailing in the country, the timing of the visit isn’t exactly propitious. Nevertheless, Marshall Mills has returned to Seychelles as the head of an International Monetary Fund (IMF) mission tasked with reviewing the programme approved by its executive board of directors in June. Under this arrangement, the IMF has agreed to provide USD17.6 million to government over a period of three years. The full disbursement of this sum is however contingent on Seychelles fulfilling its economic reform agenda. In the words of the IMF, the facility is “subject to semi-annual programme reviews”. Hence the presence of Mr Mills and his team in the country. The delegation will also meet with the stakeholders from the private sector. It should be interesting as the latter appear to have a lot on their chest. Air Serbia to get Air Seychelles treatment After having purchased a 49% stake in Jat Airways last year, Etihad Airways plans to use its experience with Air Seychelles as a model to return the company, rebranded as Air Serbia, to profitability. Speaking at airline’s supervisory board meeting which took place in Belgrade, the president and CEO of Etihad Airways, James Hogan, shared the recipe for success which allowed it to resuscitate a moribund Air Seychelles. “We employed a similar model as we did with Air Seychelles. We had to rebuild the business, which meant eliminating the past, bringing in a fleet of good planes and applying sound financial practice. We are focused on investing in our people, services, improved aircraft utilisation, promoting our brand, cost savings and improving traffic flow through Belgrade Airport”, he explained.
Posted on: Fri, 19 Sep 2014 05:40:07 +0000
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