2023 Seychelles Global Money Week

PARTICIPATING ORGANISATIONS:

• UN Youth Seychelles, Central Bank Seychelles, Savy Insurance Company, Seychelles Revenue Commission, Seychelles Broadcasting Corporation, Independent School, Anse Boileau Secondary School, Seychelles Institute of Teacher Education, Today Newspaper.

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

• 9

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

• 132

NUMBER OF ADULTS REACHED DIRECTLY:

• 12

NUMBER OF PEOPLE REACHED INDIRECTLY:

• 1 706

Throughout Global Money Week 2023, the UN Youth Seychelles along with 9 partners reached 132 children and youth through several activities. The week kicked off with a virtual launch on Monday 20th. The event was recorded and made available to the public. On Tuesday, participants attended a physical workshop at H Savy Insurance (HSI), a leading insurance provider in the Seychelles. Students held group discussions, active learning sessions and learnt about what insurance is, its importance and its application to real life. On the third day participants learnt more about the role the central bank through a presentation followed by a tour of the central bank's hall. The Seychelles Revenue Commission (SRC) organised an educational tour for students, explaining taxes, their importance and how they operate within a wider economy. The fourth day featured workshops organised by UN Youth Seychelles at the Anse Boileau secondary school. The workshops concentrated on tools required to faces the financial world, including presentations of effective budgeting, financial products in Seychelles and how financial education can lead to wealth accumulation. CBS provided tips and solutions to students on managing one's finances. The Central Bank hosted the Piggy Bank Design Competition Award Ceremony. 

2022 Seychelles Global Money Week

PARTICIPATING ORGANISATIONS:

• UN Youth Seychelles, Pension Fund, Central Bank Seychelles, Nouvobanq S.I.M.B.C, Ministry of Finance, Economic Planning and Trade, Financial Intelligence Unit Seychelles, H Savy Insurance, Mauritius Commercial Bank (Seychelles), Seychelles Investment Board, Seychelles Revenue Commission, NeuroSey, Well of Inspiration, Fair Trading Commission, Enterprise Seychelles Agency

TOTAL NUMBER OF PARTICIPATING ORGANISATIONS:

• 14

NUMBER OF CHILDREN AND YOUNG PEOPLE REACHED DIRECTLY:

• 748

NUMBER OF ADULTS REACHED DIRECTLY:

• 10

NUMBER OF PEOPLE REACHED INDIRECTLY:

• 2,570

For the 5th edition of Global Money Week in Seychelles, the campaign was once again led by the UN Youth Seychelles (UNYS). The week kicked off with a virtual launch ceremony hosted by UNYS on March 21st. The programme consisted of an overview of what has been accomplished since the introduction of GMW in the country followed by an interactive panel discussion. This year's campaign brought back a digital version of the Virtual Financial Education Tours, which have become a fan favourite throughout the years. In 2022, the Virtual Financial Education Tour consisted of four tracks dedicated to specific themes: financial crimes, personal finance, personal business management and accounting. Each track was used for insightful and engaging sessions where participants were able to gain a deeper knowledge on the respective topics from various experts in their fields. The virtual aspect allowed both students but adults to participate. Members of the UNYS also took part in a local morning talk show "Bonzour Sesel" to promote GMW and explain the activities for the week in Seychelles. Furthermore, the UNYS posted different challenges on social media platforms and shared financial awareness materials.

For the first time in Seychelles, many organisations and institutions took their own initiative to organise events. The Central Bank of Seychelles (CBS) organised two virtual workshops during the week. One of the workshops held in collaboration with the Seychelles Pension Fund was dedicated to the topic of “Personal Financial Management" and the other workshop focused on "Money Matters". CBS also hosted three talk shows relating to several financial topics on different radio stations.

Apart from CBS, the Enterprise Seychelles Agency (ESA) organised two virtual sessions aimed specifically for Micro Small Medium Enterprise (MSME's). The sessions held explored the budget formulation and management and provided participants the chance to learn how to use QuickBook for their business.

2021 Seychelles Global Money Week

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.

2019 Seychelles Global Money Week

LEADING ORGANISATIONS:

• UN Youth Seychelles

PARTICIPATING ORGANISATIONS:

• Anissa Rose Make-up, Barclays Bank Seychelles, Guy Morel Institute, H Savy Insurance, Independence School Seychelles, Mauritius Commercial Bank, Ministry of education and participating schools, Nouvobanq, Sacos Group Ltd, Seychelles Business Studies Academy, Seychelles Pension fund, The Central Bank of Seychelles, University of Seychelles, Well of Inspiration

NUMBER OF CHILDREN REACHED DIRECTLY:

• 174

NUMBER OF PEOPLE REACHED INDIRECTLY:

• 460

UN Youth Seychelles
Seychelles celebrated Global Money Week for the second time in 2019. UN Youth Seychelles initiated several activities, and along with its partners, organised visits to various financial institutions. The Week was launched with an official Ceremony, with an opening speech provided by the Governor of the Central Bank of Seychelles. The address was followed with presentations on personal finance and other financial matters, provided by different stakeholders. A financial tour was organised for students from various schools, to allow them to visit commercial banks, insurance companies, the Seychelles Pension Fund and the Central Bank of Seychelles. The visits enabled children to learn about the functioning of these institutions and get an insight into possible career opportunities. Additionally, it allowed for the institutions to engage with an audience that is younger than the typical age demographic of their clients.

2018 Seychelles Global Money Week

LEADING ORGANISATIONS:

• UN Youth Seychelles

PARTICIPATING ORGANISATIONS:

Seychelles Bankers Association, AIESEC in Seychelles, Al Salam Bank, Barclays Bank Seychelles Limited, Central Bank of Seychelles (CBS), H Savy Insurance, International School Seychelles, Mauritius Commercial Bank (MCB), Ministry of Education, Nation Seychelles, Nouvobanq, Seychelles Broadcasting Corporation, Seychelles Independent School, Seychelles Office of the Poverty Alleviation, Seychelles Pension Fund, Well of Inspiration

NUMBER OF CHILDREN REACHED DIRECTLY:

• 200

NUMBER OF PEOPLE REACHED INDIRECTLY:

• 400

UN Youth Seychelles

Seychelles celebrated Global Money Week for the first time. UN Youth Seychelles officially launched Global Money Week (GMW) in a ceremony at the SITE Auditorium, with a crowd of about 150 people. The celebration was attended by high-level representatives from the Government, including the Principal Secretary for Youth, Special Advisor for Education. Students and teachers gathered to learn about the importance of financial education and ways to manage personal finance.

The event commenced with the keynote address from the First Deputy Governor of the Central Bank, followed by various presentations on personal money management, the importance of GMW, and how other countries have celebrated it. The event also touched upon various aspects of financial behaviour, banking products and services, and the impact of financial education on the economy. Participants also had the opportunity to attend an informative session on savings - “ You may not be rich but dare to think like a millionaire”.

As part of the celebration, a Financial Educational Tour was organised and took place over two days. Students visited seven Institutions, including the Mauritius Commercial Bank, Barclays Bank, Al Salam Bank, NOUVOBANQ, the Central Bank of Seychelles, H Savy Insurance, and Seychelles Pension Fund. A group of 40 students from the Seychelles Independent School, Seychelles International School, School of Advance Level Studies, Plaisance Secondary, Beau Vallon Secondary, Mont Fleuri Secondary, English River Secondary, Pointe Larue Seconday, and Belonie Secondary accompanied by UNYS members took part in the tour. The group enjoyed both touring the premises of the institutions and attending a presentation, where they learnt about the institution’s function, role, products and impact in the society.

An online campaign was launched where financial tips where posted on social media. Similarly, events were published in a daily newspaper along with professional articles and a video production by Well of Inspiration and AIESEC Seychelles on personal finance.