Finance and Business
PwC forensic audit lifts lid on dubious financial practices @ BVITB
ROAD TOWN, Tortola, VI—The leaked forensic investigation conducted by PricewaterhouseCoopers Advisory Services Limited (PwC) into the operations of the British Virgin Islands Tourist Board (BVITB), has brought to the public spotlight, critical shortcomings in the entity’s financial management, compliance, and oversight—including but not limited to glaringly unjustified financial adjustments to formal records, conflict of interest and outright corrupt procurement practices.
VI infrastructure ‘not ready’ for minimum wage increase- DJ Commodore
BAUGHERS BAY, Tortola, VI- The deferral of the minimum wage increase for the Virgin Islands was one of the key topics discussed on the final Talking Points for the year on Monday, December 9, 2024, on ZBVI 780 AM.
PwC report shows governance & payroll irregularities @ BVITB
ROAD TOWN, Tortola, VI- A confidential forensic investigation report by PricewaterhouseCoopers Advisory Services Limited (PwC), has exposed significant governance, payroll, and compliance ‘lapses’ at the BVI Tourist Board (BVITB).
Gross financial mismanagement @ BVITB underscored in PwC investigation
ROAD TOWN, Tortola, VI- A leaked confidential comprehensive investigation by PricewaterhouseCoopers Advisory Services Limited (PwC) has provided critical insights into the financial and operational mismanagement at the BVI Tourist Board & Film Commission (BVITB&FC).
Long Bay Beach Resort among 2024 Top 100 Hotels & Resorts
LONG BAY, Tortola, VI- The Long Bay Beach Resort has been named on the Luxury Lifestyle Awards Top 100 Luxury Hotels and Resorts for 2024.
Alarming failures uncovered @ BVITB in PwC Special Audit
ROAD TOWN, Tortola, VI- A damning investigation by internationally renowned PricewaterhouseCoopers Advisory Services Limited (PwC), into the operations of the BVI Tourist Board & Film Commission (BVITB&FC) has revealed a pattern of systemic failures, compliance breaches, and governance weaknesses between 2014 and 2018.
Fabian S. Devonish appointed Country Head of CIBC Caribbean VI
ROAD TOWN, Tortola, VI- Mr Fabian S. Devonish was appointed Country Head of CIBC Caribbean in the Virgin Islands (VI) from December 1, 2024.
Minimum wage increase postponed
ROAD TOWN, Tortola, VI- The Ministry of Financial Services, Economic Development, and Digital Transformation has announced that the increase in the minimum wage for the Virgin Islands (VI) scheduled to take effect from November 30, 2024, has been postponed.
Villa Vie Odyssey’s inaugural call to the Virgin Islands
ROAD TOWN, Tortola, VI- The BVI Ports Authority (BVIPA) on December 2, 2024, proudly welcomed the Villa Vie Odyssey on its inaugural call to the Virgin Islands, docking at the cruise pier for several days in Road Harbour.
BVIEC is 'stability & future' of VI economy- Dr Neil M Smith
LONG BUSH, Tortola, VI- General Manager of the BVI Electricity Corporation (BVIEC) Dr Neil M. Smith has said the BVIEC is the stability and future of the Virgin Islands’ (VI) economy.
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