BVI Finance is reporting that 2020 was a positive year for the local financial services industry as local firms acted on more than $5 billion of global transactions. These transactions range from Initial Public Offerings (IPOs) and bond issuances to […]
Archive for January, 2021
False! UK didn’t change funding agreement for RDA
Governor Augustus Jaspert’s Office has said there is no truth to the claim that the United Kingdom disagrees with the BVI’s revised Recovery & Development Plan or that it will be pulling funding from the Recovery Development Agency (RDA) as […]
8K vaccines coming! Healthcare and law enforcement first priority
Governor Augustus Jaspert has announced that the UK government will donate and deliver some 8,000 doses of COVID-19 vaccine to the BVI next month. Yesterday, Premier Andrew Fahie appeared on the Honestly Speaking radio show and confirmed that in dispensing […]
BVIEC receives CDB funding to strengthen renewable energy infrastructure
The BVI Electricity Corporation (BVIEC) has secured a technical assistance grant funding approximated to be valued around $600,000, from the Caribbean Development Bank (CDB). This is according to the General Manager of the BVIEC Leroy Abraham who told BVI News […]
UK’s expectations regarding BVI’s cannabis-related Bill still unclear
Premier Andrew Fahie has said his government is still unclear as to their next step in getting the controversial Drugs (Prevention of Misuse) Amendment Act 2020 assented. The Bill was passed in the House of Assembly in July, 2020, and […]
Smith calls for a ministry exclusively for sports
Territorial At-Large Representative, Neville Smith is calling for the creation of a ministry exclusively for sports so special emphasis can be placed on sports development in the territory. Smith made the call during the recent ceremony to hand over $100,000 […]
Premier urges parents to push young men to aspire!
Premier Andrew Fahie said parents have a role to play in encouraging males to develop ambitions. He also urged them to abandon the cultural practice of sheltering girls while allowing males to do as they please. The problem of marginalized […]
Kenneth Baker promoted to Managing Director/CEO of BVIFSC
The BVI Financial Services Commission (BVIFSC) has named Kenneth Baker as their new Managing Director and Chief Executive Officer (MD/CEO) effective February 1, 2021. This appointment follows the retirement of the BVIFSC’s first MD/CEO Dr.Robert Mathavious, who retired on December […]
UK pulling out of funding RDA
The United Kingdom will be pulling its contributions from the Recovery Development Agency (RDA) — the body which was set up after the 2017 disasters to manage fund for the rebuilding process. Premier Andrew Fahie said the UK government will […]
OPINION: Why don’t we trust our elected reps?
I often hear our politicians in the House of Assembly purporting that Virgin Islanders prefer the leadership of the governor and the UK over that of elected leaders. Premier Fahie even described some as having “shackles on our minds” when […]
