BVI News

Archive for December, 2019

‘Rookie move, Mr Speaker!’ Opposition questions 10-minute rush to close budget debate during their absence

‘Rookie move, Mr Speaker!’ Opposition questions 10-minute rush to close budget debate during their absence

By Kamal Haynes, BVI News Staff Some members of the Opposition have said they believe the recent decision by the Speaker of the House of Assembly to close last Friday’s budget debate session without having an actual debate was ‘amateur’. […]

by / on December 17, 2019 at 8:00 AM /
Give gov’t employees extra $50K to invest, encourage early retirement — Vanterpool

Give gov’t employees extra $50K to invest, encourage early retirement — Vanterpool

Fourth District Representative Mark Vanterpool has said he believes one way to reduce the national recurrent expenditure is by encouraging early retirement among government employees. Recurrent expenditure effectively involves ongoing government spending that does not result in the creation or […]

by / on December 17, 2019 at 7:03 AM /
More than 1,500 awarded certificates of residency, Belongership

More than 1,500 awarded certificates of residency, Belongership

Some 1,523 persons have now been awarded their certificates for residency and/or Belongership under the Virgin Islands Party administration. The certificate recipients included persons from government’s Fast-Track Programme to regularise expatriate residents who had been living in the territory for […]

by / on December 17, 2019 at 6:34 AM /
Fraser bats for the HoA to become a statutory body

Fraser bats for the HoA to become a statutory body

Third District Representative Julian Fraser wants the House of Assembly (HoA) to become a statutory body. The veteran legislator made his sentiments known during last Friday’s budget debate inside the House of Assembly. “This House of Assembly has a budget […]

by / on December 16, 2019 at 4:20 PM /
Premier: Revenue from financial services drops $30 million this year!

Premier: Revenue from financial services drops $30 million this year!

Premier and Minister for Finance Andrew Fahie has said the British Virgin Islands’ revenue stream from the financial services sector has dropped by several millions. Addressing the House of Assembly during the budget debate on December 13, Premier Fahie said […]

by / on December 16, 2019 at 8:07 AM /
Politicians should not be giving $$ to constituents | Give funds to Social Development for disbursement — Vanterpool

Politicians should not be giving $$ to constituents | Give funds to Social Development for disbursement — Vanterpool

Fourth District Representative Mark Vanterpool is calling for a ban on the $10,000 monthly allocation that each district representative receives to assist their respective constituencies in the British Virgin Islands. Vanterpool, who was speaking in the House of Assembly on […]

by / on December 16, 2019 at 8:03 AM /
Attorney General’s contract might not be extended in 2020, new AG could be BVIslander

Attorney General’s contract might not be extended in 2020, new AG could be BVIslander

Premier Andrew Fahie has hinted that Baba Aziz’s tenure as Attorney General (AG) of the BVI will come to an end in February 2020. The Premier gave that indication in the House of Assembly on Friday, December 13 during the […]

by / on December 16, 2019 at 7:45 AM /
False claims! Gov’t is not developing a national cryptocurrency for BVI — Premier’s Office

False claims! Gov’t is not developing a national cryptocurrency for BVI — Premier’s Office

Local government is rejecting reports which suggest that they have partnered with a private company to develop a national cryptocurrency for the British Virgin Islands. A number of reports and social media postings have claimed in recent times that government […]

by / on December 16, 2019 at 7:24 AM /
COMMENTARY: The Thrift Paradox

COMMENTARY: The Thrift Paradox

By Dickson Igwe, Contributor There are two types of player in the market economy: the producer and the consumer. Producers and consumers can be further described as savers and spenders; and lenders and borrowers. This is an important dichotomy of […]

by / on December 14, 2019 at 9:51 AM /
Plans for Foxy’s Old Year’s Night party underway

Plans for Foxy’s Old Year’s Night party underway

Jost Van Dyke, British Virgin Islands – Planning for Foxy’s “Old Year’s Night” celebration on December 31, 2018 is underway. General admission to Foxy’s Tamarind Bar and Foxy’s “Outback” Main Stage is FREE and open to the public. Foxy’s is […]

by / on December 14, 2019 at 8:02 AM /