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Presidency

President Faure meets new Seychellois owners of Cable & Wireless Seychelles | 12 November 2019

President Faure meets new Seychellois owners of Cable & Wireless Seychelles

President Faure and the new Seychellois owners of Cable & Wireless Seychelles in a souvenir photograph after the meeting (Photo source: Office of the President)

The new owners and board members of the group CWS Investment Limited, that have purchased the telecommunications company Cable & Wireless Seychelles (CWS), as well as its chief executive Officer Charles Hammond were received by President Danny Faure at State House yesterday morning.

The new owners under CWS Investment Ltd, include the JFA Group, Jamshed Pardiwalla, Ravji Raghwani and Andy Bainbridge, as well as Victoria-based professional services firm ACM, which represent the shareholders in the deal.

President Faure commended the Seychelles entrepreneurs for their courageous and bold decision for the country. He said that their action shows the trust that they have in Seychelles’ economy.

 

Press communiqué from the Office of the President

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