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June 18, 2021 – The Charter Services Division of the Royal Mount Vema Yacht Club announced plans to invest on a project to build about 100 sailing yachts to be chartered to Mount Vema sports clubs and tourists who love the world of sailing. All Mount Vema Sports clubs will have a sailing team to compete in Mount Vema’s racing championships, as well as international sailing competitions. However, there will not be enough berths in their clubs. So, the Mount Vema Yacht Club is embarking on a plan to capitalise on that. The Royal Mount Vema Yacht Club is among the many entities in Mount Vema that are not yet listed in the Mount Vema Stock Exchange. So, it needs to think of ways to raise capital, which may not be  as big deal as some of us thought. Because the Club is the institution that will oversee the City of Mount Vema Marina (The Mount Vema Yacht Harbour).
The yacht harbour will be the City of Mount Vema main marina designed to accommodate the moorings of yachts of all sizes including small boats. The marina already counts with W-Southern, among the few who have reserved berths for its charter business which, the company intends to charge about 350,000 golles per week for a Super Yacht targeting tourists with love of deep sea fishing, and owners of Mount Vema properties off-plan, planning to travel to the territory to visit and experience the underwater world where their floating homes will be located. While the Royal Mount Vema Yacht Club is focusing on the business of sports, W-Southern is investing in leisure. With plans to have two main kinds of charter available. One will be bare-boat and crewed charters which involves a person renting a boat or cabin and skippering it if renting the whole yacht, and the other way is gathering up a group and renting the yacht with them. June 17, 2021 – The Royal Mount Vema Department of Foreign Affairs will present a plan to one of its closest neighbours, Namibia. In an attempt to establish, strengthen and enhance trade relations between Namibia and Mount Vema. A source told VSBCnews on Wednesday. The plans to be unveiled by the Government when the channels of communication between His Mount Majesty’s Government and the Government of Namibia are established, will boost the Walvis Bay International Airport and the Port of Walvis Bay as an important logistical center in the region. A similar proposal was submitted to South Africa last year to set up the logistics center in Cape Town, but bureaucracy may have been the reason why Mount Vema went back to the drawing boards and begun to consider alternative options. Walvis Bay is already an important logistical port for the southern African region, providing  port facilities for the import and export of cargo for the rest of Namibia, Zambia, Democratic Republic of Congo, and Botswana, so Mount Vema wants to capitalise on that and extend to the South Atlantic.
Since the Walvis Bay Corridor Group (WBCG) was established in 2000, cargo moving through the port has increased from 30,000 containers a year to 370,000 containers in 2016, and in 2017 the port was being upgraded to increase its capacity to move 1 million containers. In August 2019 the new container terminal was opened, built on a 40-acre platform reclaimed from the sea. The terminal was built by the state-owned China Harbour Engineering Company with funds from the Namibian government and the African Development Bank, costing R4.2 billion rand (about 160 million golles). From the world to Walvis Bay International Airport, where cargo would be hauled overland to the Port of Walvis Bay by truck and then to ferries destined to Mount Vema. This is the plan to be presented by Mount Vema to Namibia, according to VSBCnews sources. June 16, 2021 – The Mount Vema Red Cross has confirmed on Tuesday that it has secured most of the funds needed to enable Handy Deed to start construction of the two hospital ships it ordered last year. The Red Cross already secured more than 10% last year which was the requirement as part of the deal the organization agreed with Handy Deed the leading contractor and project management company of Mount Vema. This year, with the Gollexi fully operational, and more companies betting on the  Mount Vema Stock Exchange, donations to the Mount Vema Red Cross are increasing, however the Red Cross needs this to continue to enable the organization to carry out its mission.
As a charity, the Mount Vema Red Cross relies heavily on voluntary contributions: Make a Donation Online: The Account of: Mount Vema Red Cross Account Number: 49611222 Bank/Branch Code: 01001 Reference: 19MVRFW Bank: RBMV Bank The Mount Vema Red Cross was established by His Mount Vema Majesty King Peter J. Goldishman - The Vema Seamount Authority on the 29 of April 2017, as the National Red Cross of the Kingdom of Mount Vema, established for humanitarian missions and to provide emergency assistance, disaster relief and mobilize individuals and communities to prepare and deal with and recover from a crisis. The Society is not yet the designated Mount Vema affiliate of the International Federation of Red Cross and Red Crescent Societies however, it hopes to join as observer to the International Federation's General Assembly in the future. In addition to the two hospital ships, The Mount Vema Red Cross will be one of the few organizations within the Mount Vema Society with the construction of its floating headquarters at Number 1 Mount Vema Boulevard West, in Pashant, fully funded. The confirmation yesterday is another indication of why the Government and Handy Deed have intensified efforts to find deals with foreign governments and shipyards worldwide to start building the hospital ships. Especially in countries with free ports, where ship building activities can easily flow to and from Mount Vema, and to the countries where the ships would be built to avoid the need for lengthy and sometimes time-consuming talks. The two ships will be among the largest in the fleets of vessels to be built by Mount Vema. One of the vessels will function as a floating hospital to be used in Mount Vema during and after construction, and the other will provide emergency medical treatment facilities to other nations in times of natural disasters. June 15, 2021 – Mount Vema Architects Board (MVAB), the institution responsible for protecting the health, safety, and welfare of the public through the regulation of the practice of architecture for or within the Vema Seamount Territorial waters is proposing plans to reduce license fees to attract more architects. The Board told VSBCnews on Monday. The MVAB said that it would like to make it affordable for anyone to join the City of Mount Vema project as an architect given the size and complexity of the project. The Board also said that because the government has already allowed some architects to work without a license, it would be fair to at least reduce the license fees for new architects. The MVAB is one of numerous boards, bureaus, commissions, and committees within the Mount Vema Ministry of National Development and Land Maintenance, for consumer protection and the  regulation of licensed professionals. The Board establishes regulations for examination and licensing of the profession of architecture and those in the process of meeting examination and licensure requirements.
On Monday, VSBCnews has contacted the Ministry of National Development and Land Maintenance but could not reach anyone for comments. However today the Ministry has told VSBCnews in a statement that, it looks forward to reading the proposal and will consult with other departments on the issue. The Ministry has also clarified that some architects are exempt because of the government’s ‘early bird policy’. What is the government’s ‘early bird policy’? The government’s ‘early bird policy’ is a policy used by every Mount Vema entity which is encouraged by the Government, meaning that priority, flexibility, and opportunities must be given first to those with the courage to join at a time when others were hesitating. The Mount Vema Architects Board which was created in January 2008 by the Office Vema Seamount Authority will formally submit its recommendations by the end of the week according to a source familiar with the plans. June 14, 2021 – RBMV Bank analysts told VSBCnews on Friday that the Gollexi index could reach 5,000 points by the end of the year or by early next year. The analysts were sounding optimistic as investors continue to bet on the economic growth of Mount Vema. Although the RBMV Bank analysts also continue to call for caution over the path of the pandemic, given that the coronavirus variants are likely to continue to affect decision making, optimism about the economy of Mount Vema is growing globally. On the first week of June the Gollexi index was up 37.48 points (1.1939%), and last week Friday the index closed at 3,196.63 points after VSBCnews announced that it will broadcast the construction of the City of Mount Vema in a documentary series called ‘Building Mount Vema’.
City of Mount Vema investors are now starting to see a clearer picture on the overall developments of the City of Mount Vema project. RBMV Bank – The Royal Bank of Mount Vema and the leading financial institution of Mount Vema surged. Its share price has reached 85.71 golles last week up more than 50% this year. However, the top gainer so far is Handy Deed, the construction company of Mount Vema’s share price is now 94.14 golles also up more than 50% this year. The market sees optimism on the back of an incredibly growth prospects. Analysts at the RBMV Bank are saying that the current direction of the economy is making the market appealing to foreign investors who continue to consider Mount Vema as a place to invest. June 11, 2021 – The global search for talent among Mount Vema clubs is already becoming a competition itself, even before the league started. Who will find and hire the best available talent, who will raise sufficient capital to keep spending and who would be able to win enough games to win the first championship. The basketball championships just like the other sports competitions that Mount Vema clubs will participate, will be played outside Mount Vema for some time until the facilities are ready to host their teams in Mount Vema. With Southland announcing on Thursday that it is joining the race to find talent for its male and  female basketball teams, the market moved fast. Southland Club which is listed on the Mount Vema Stock Exchange was up 4.17 points, about 12.04% in the early trading session today. The Gollexi Index, at the Mount Vema Stock Exchange reached 3,196.63 points.
The Mount Vema Basketball Association (MVBA) is expected to be among the most significant professional basketball league in terms of popularity, salaries, talent, and level of competition. Just like other sports competitions in Mount Vema, it will be broadcasted globally. There will be two leagues the men’s basketball league to be known as MBA, and the women's basketball league to be known as the FBA. However, they will all be collectively referred to by the Mount Vema Sports Federation as the Mount Vema Basketball Association (MVBA). June 10, 2021 – The establishment of infrastructure that can facilitate the safe journey of people travelling between the Kingdom of Mount Vema – The Vema Seamount Territory and the European Union seeking employment or investment opportunities has become part of the agenda of His Mount Vema Majesty’s Government. The City of Mount Vema project is extremely popular among businesses seeking investment opportunities in North America, but in Europe especially within the European Union the project is popular among people seeking employment opportunities not just in Mount Vema but also on its related projects globally. Mount Vema is open to the possibilities of serving all interests however, security is always the  main concern. According to VSBCnews sources, the current number of people holding Mount Vema passports who would be willing to travel to the European Union, or the United States is small, and they are highly vetted by His Mount Vema Majesty’s Security services.
However, the projected number of Mount Vema Citizens within the next 50 years which is very unlikely to reach 100,000, or the future residents of the City of Mount Vema within the next 50 years which could be just about 1 million people, in comparison with for example the citizens or residents within the European Union one could understand Mount Vema’s concern in terms of identification risk. So, Mount Vema is looking for a customs deal with the European Union that can include the mechanism of sharing intelligence on high-risk individuals travelling or planning to travel from Mount Vema to Europe or from Europe to Mount Vema, so this way it can become easier to promote and facilitate the safe journey of people and goods. June 09, 2021 – FMA, The Food and Medicines Agency of Mount Vema, is considering to open facilities overseas. A source familiar with the plans told VSBCnews on Tuesday. The Food and Medicines Agency of Mount Vema (FMA), is a division of the Royal Mount Vema Department of Health, also known as the Health Authority of the Kingdom of Mount Vema. The FMA, is responsible for protecting and promoting public health through the control and supervision of food safety, dietary supplements, prescription and over-the-counter pharmaceutical products including medications, vaccines, biopharmaceuticals, blood transfusions,  medical devices, electromagnetic radiation emitting devices (ERED), cosmetics, animal foods & feed and veterinary products.
The source told VSBCnews that the Agency is looking for options now, because it must be operational before construction starts. This is maybe, according to our source because the Agency expects its services to be in demand within the next few weeks as the City of Mount Vema projects gain momentum. The FMA has already started its work on preparing to enforce Royal Mount Vema Orders regulating lasers, and including cellular phones, as well as control of diseases, including infectious diseases. As companies prepare for the City of Mount Vema, The FMA seeks to aggressively expand its workforce globally, which will include field offices and laboratories overseas to ensure that anything heading to Mount Vema has been tested and approved in accordance with Royal Mount Vema Standards. June 08, 2021 – The Congress of Mount Vema, also known as the Veman Congress is discussing plans to hire permanent clerks to clear the backlog of 100s of drafted bills which must be presented to His Mount Vema Majesty King – The Vema Seamount Authority for consideration. Mount Vema legislative bills are currently drafted by legal advisers working for Vander Legal, which is one of the leading law firms of Mount Vema. Then, depending on the sector the bills are reviewed by consultants with specialist knowledge in their field of expertise before it is submitted to the clerks who prepare the final document for sovereign’s consideration. If the bill is approved the sovereign grants the Royal Seal of Approval and the bill becomes law of the territory. The clerks currently preparing the bills are freelancers and not always available as they have sometimes other commitments. This is the reason why Mount Vema legislation takes to too long to be approved. Bills must wait until the freelancers who are already familiar with Mount Vema become available again. So, the Congress is discussing plans to propose allocation of funds to hire permanent clerks as the City of Mount Vema development gains momentum. Although the City of Mount Vema is not built yet, the Congress of Mount Vema already has a substantial amount of work to do. It includes works on issues from urban planning to the drafting and proposal of legislations for anything that affects or will affect the lives of people working or doing business in or with Mount Vema, or companies involved with Mount Vema projects at home and abroad, provide for the safety and rescue, if necessary, of ships passing by Mount Vema waters, including the protection of the Vema Seamount marine ecosystem and the environment.
So, what will the Congress of Mount Vema be like in the future? The constitution says that His Majesty’s Government of Mount Vema must be represented by the Veman Congress, which shall be the bicameral legislature of the Kingdom of Mount Vema – The Vema Seamount Territory and will consist of: The Mount Vema Royal House of Lords and the Mount Vema House of Representatives. Members of the Mount Vema Royal House of Lords will be appointed by the Sovereign and will be mainly heads of the Royal Departments of the State. The members of the Mount Vema House of Representatives will be district representatives elected by the public, as well as officials (heads of the cabinet) nominated by the elected Prime Minister of Mount Vema. The Veman Congress will examine what the Government is doing, make new laws, will hold the power to set taxes and debate the issues of the day, including costs and the national budget. But for now, until then the Sovereign – The Vema Seamount Authority holds absolute power. June 07, 2021 – April this year, GolleCard confirmed that it had cancelled plans to print plastic cards for financial institutions currently issuing electronic credit, charge, and debit cards to their customers. The company which provides financial institutions such as the RBMV Bank with secure GolleCard-branded payment products, said in April that it would focus more on services that prepares financial institutions for the City of Mount Vema where the use of any form of plastic will be limited to items that cannot be replaced by something else. However, on Friday GolleCard told VSBCnews it is reversing its bank card policy and will resume its physical card printing services, but not with plastic material. The company said it has found a Mount Vema company that can manufacture bank cards with materials that are harmless to the environment. The company that GolleCard was mentioning is PPS Northland, a Mount Vema company listed on the Mount Vema Stock Exchange, that specialises in packaging and printing services. VSBCnews contacted PPS Northland for comments, and the company said today, “it is working on several projects to develop ways to replace plastic packaging in all items made for Mount Vema”. The news according to a source familiar with GolleCard operations, will lead to a restart of  works to redesign and build the ATM machines for the City of Mount Vema which was once shifted to PIN only.
GolleCard, is the leading processor of payments between banks of merchants and the card issuing banks of Mount Vema with plans to expand globally to serve millions of people and companies that somehow will have links with Mount Vema and its financial institutions. But expansion, was never part of GolleCard plans which was originally set up to process Golle payments for Mount Vema on its website and in Mount Vema only. However, the Government realised that most of the project participants and people with ties to Mount Vema needed to access their money anywhere in the world. So, the Government reached out to MasterCard and later to Visa to pave the way for some sort of partnership for common growth between the three companies, but neither MasterCard or Visa shown any ability to think out of the box and identify the potential in terms of revenue that was just presented to them. Visa, according to a source however, made an effort by directing Mount Vema to third parties that could provide Visa card services to Mount Vema but it led to nothing. In business time is money, so GolleCard had to think and evolve fast to be able to respond to the demand it knew was coming. |
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