Seychelles

Participating organisations: UN Youth Seychelles, Central Bank of Seychelles, Ministry of Finance, Trade and Economic Planning, Sacos Insurance Group, Mauritius Commercial Bank, Financial Intelligence Unit, Enterprise Seychelles Agency, Seychelles Broadcasting Corporation, Ministry of Education, Independent School, Association of people with hearing impairment, Penlac Seychelles, Seychelles Business Studies Academy, Anse Boileau Secondary School, Bel Ombre Primary School, Grand Anse Mahe Primary School, La Misère School, Perseverance Secondary, Au Cap School, Anse Royale Secondary, La Rosiere Primary School, Baie Ste Anne Primary School, Pointe Larue Primary School, Beau Vallon Primary School, Cascade Primary School, TJV Matric Higher Secondary School, University of Seychelles, School of Advance Level Studies, International Peace Youth Group, ABSA Bank (Seychelles) Total number of participating organisations: 30 Number of children and young people reached directly: 156 Number of adults reached directly: 42 Number of people reached indirectly: 6,063

During Global Money Week 2021, the UN Youth Seychelles along with partners reached 198 people through several activities held mostly virtually. The week started with a morning talk show “Bonzour Sesel” to promote GMW and explain the activities for the week.

The first virtual workshop took place on March 23rd and targeted educators form various fields. The session aimed to sensitise participants from several schools and institutions on financial topics such as the importance of budgeting, understanding assets and liabilities as well as investment opportunities available in the country. One financial professional facilitated the session, which was followed by guest speaker, a neuropsychologist and researcher, who gave her insight on the impact of financial stress on individuals. The remainder of the week featured a Virtual Financial Education Tour, consisting of presentations from various institutions: Economics Track, Financial Crimes Track and Business Management Track. The Economics Track Tour comprised three organisations including the Central Bank of Seychelles and the Ministry of Finance, Economic Planning and Trade (MoFEPT).

The second financial education tour’s focus was on the prominent issue of financial crime. This track included SACOS Insurance Group, Mauritius Commercial Bank (MCB) and Financial Intelligence Unit (FIU). The webinar had 45 participants and covered aspects such as money laundering, suspicious transactions, risk-based monitoring amongst many others from the perspectives of these sectors of industry.

The final virtual event was another successful activity featuring Enterprise Seychelles Agency (ESA) and MCB Seychelles who explained various elements of business management, which included the processes of setting up a business. Further insight into the inner operations of a bank were also discussed.

GMW concluded on Saturday, March 27th with a collaborative, in-person financial education workshop for the hearing-impaired involving 19 participants. The event was organised by UNYS and CBS to promote understanding of personal finances and budgeting as well as exploring the role of CBS in Seychelles’ economy and the ability to recognise counterfeit notes ensuring that such campaigns remain inclusive.