Who are we?

Established in 2012, the purpose of the Public Enterprise Monitoring Commission (PEMC) has been the monitoring of Public Enterprises (PEs) within the Republic of Seychelles, as per our governing Act, the Public Enterprises Act, 2023.

It is PEMC’s duty to ensure that:

  • The synergy and collaboration between all stakeholders continue to prosper
  • Supporting legislations and regulations that govern PEs are acknowledged and enforced
  • The existing regulatory framework is updated and adapted to fit in a dynamic environment
  • Practices and endeavors to promote principles of good governance, transparency and accountability are welcomed

Our Vision

“To have high performing and compliant Public Enterprises in the Seychelles.”

Our Mission

“To monitor and evaluate the overall performance of Public Enterprises and to promote ethics of good governance in all their business transactions.”

Our Mandate

“To monitor and evaluate the overall performance of the Public Enterprises, ensure efficient operation of such Enterprises, promote ethics of good governance in all business transactions, including financial matters such as investments and budget, give recommendations to improve performance and thus increase the return on investments.”