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Finance and Business
Was BVI Airways deal a Ponzi scheme?- Auditor General’s Report
ROAD TOWN, Tortola, VI- After reading through the Auditor General’s Report on Government’s Financing of the BVI Airways’ Direct Flights to Miami, many are asking if it was a Ponzi scheme.
Please do not let your COVID-19 kill my Social Security
Alred C. Frett
The Wicked will never change from within:
We have been thrust into a World of desperation and the time for pussyfooting and blind leading blind is at the precipice… Pretense will no longer allow us to escape reality and though you may not like what I say you cannot deny that it has all been nothing but truth… Whether it is a Pandemic, Hurricane or Slavery, and no matter how much we pray or bray willful Ignorance will not set us free.
Hon Penn 'trying to taint & block legitimate assistance' to people - Hon Wheatley
ROAD TOWN, Tortola, VI - Minister for Natural Resources, Labour and Immigration, Hon Vincent O. Wheatley (R9), who also has oversight for Social Security in the Virgin Islands, has fired back at Opposition Leader, Hon Marlon A. Penn (R8) for questioning how the Government was able to source money from the Social Security Board (SSB) to fund its $62.9M COVID-19 economic stimulus plan.
SSB funding into Stimulus Plan must be explained - Hon Penn
ROAD TOWN, Tortola, VI - Leader of Her Majesty's Loyal Opposition, Hon Marlon A. Penn (R8) has called on Virgin Islands Premier and Minister of Finance, Hon Andrew A. Fahie (R1) to bring clarity on how money from the Social Security Board (SSB) is being sourced in the Government's COVID-19 economic stimulus plan.
The seven percent tax
Lorna M. George
There is an old adage that says, “God works in mysterious ways His wonders to perform”. My brothers and sisters who send our money to their native countries via transfer money services such as Money Gram and Western Union may have felt a bit disappointed when the government put a seven percent tax on money going out of the country.
Joe’s Hill Housing Development reinstated with $17M contract
ROAD TOWN, Tortola, VI – The Social Security Board (SSB) of the Virgin Islands has inked a $17-million contract with James Todman Construction Ltd to reinstate the Joe’s Hill Housing Development, which will establish 43 residential units to first-time homeowners.
Ex FS Neil M. Smith under fire; Conflict of interest role- BVI Airways Report
ROAD TOWN, Tortola, VI- As residents continue to read the Auditor General Ms Sonia M. Webster’s damning report on the ‘Government‘s Financing of the BVI Airways’ Direct Flights to Miami’ project, more revelations are being unearthed.
NAGICO urges citizens to ‘take precaution’ this hurricane season
ROAD TOWN, Tortola, VI – With the 2020 Atlantic Hurricane Season officially beginning on June 1, 2020, local insurance company NAGICO Insurances is encouraging the public to be vigilant this Hurricane Season and to implement precautionary measures.
Scotibank BVI completes sale to Republic Financial Holdings
ROAD TOWN, Tortola, VI - Scotiabank (British Virgin Islands) Limited has completed its previously announced sale to Republic Financial Holdings Limited (RFHL) of Trinidad and Tobago, with the closing date effective May 31, 2020.
COVID-19: TAG introduces anti-microbial protection for vehicles
SLANEY POINT, Tortola, VI- As the Virgin Islands adjusts to the 'New Regular' due to the global pandemic, Tortola Auto Group (TAG) has introduced an anti-microbial treatment to assist vehicle owners minimise exposure to COVID-19.
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