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Finance and Business

June 2nd, 2022
Unity Gov’t to engage public on final proposal to UK beginning June 20

ROAD TOWN, Tortola, VI- Beginning Monday, June 20, 2022, the Government of National Unity will be engaging the public in a series of meetings to discuss the final proposal submitted to the United Kingdom (UK), regarding the implementation of the Commission of Inquiry (CoI) Report recommendations.

May 31st, 2022
Medicinal cannabis has potential, but focus is on tourism– Premier Wheatley

ROAD TOWN, Tortola, VI– Virgin Islands (VI) Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) says the proposed medicinal cannabis industry in the VI still has potential; however, he indicated that the focus will be on tourism and diversifying existing industries under his watch.

May 31st, 2022
$40M budget gap can be bridged by legalised marijuana- USVI Gov

VI CONSORTIUM

FREDERIKSTED, St Croix, USVI- “Framing our Financial Future” is the theme of the Governor Albert A. Bryan administration's budget covering fiscal years 2023 and 2024. The budget, which was submitted to the 34th Legislature Tuesday afternoon, May 31, 2022, among other things provides $16 million for public employees' wage increases and funding for about 1,200 vacancies across all government agencies.

May 30th, 2022
What’s next for government?– Expecting a fix

Alred C. Frett

Opinion or Facts?

After 400 years, we still live in denial of our own denials and, because we refuse to think for ourselves, we are back to putting our trust in Colonial Masters… We reject Truths that challenge our intellectual laziness and would rather pretend to be so special that life owes us more than we owe ourselves… In this way, we ignore opportunities, misplace priorities and are misguided by emotions rather than led by reasoning.

May 29th, 2022
Hiring of Contractor General on cards for next budget- Premier

ROAD TOWN, Tortola, VI- With the National Unity Government stating it is committed to good governance, it was asked whether it is seeking to hire a Contractor General.

May 28th, 2022
Premier affirms Unity Gov’ts commitment to fighting money laundering

ROAD TOWN, Tortola, VI – Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley has affirmed his Government’s commitment to fighting money laundering and other financial crimes in the VI.

May 27th, 2022
Simon Cross is new President of IABVI Board

ROA TOWN, Tortola, VI - The Insurance Association of the BVI (IABVI) has appointed a new Executive Board led by Simon Cross as President, following its annual general meeting of April 13, 2022.

May 27th, 2022
Special Select Committee says Willock must pay $98K court costs

DUFF'S BOTTOM, Tortola, VI- The Special Select Committee appointed by the House of Assembly (HoA) in November 2021 to examine whether former Speaker Julian Willock should be indemnified of court costs or not has essentially concluded that he should be made to pay out of pocket.

May 26th, 2022
Hon Rymer 'justifies' $1M elevator for Admin Complex

DUFF’S BOTTOM, Tortola, VI- When it was disclosed to the public that a new elevator for Ralph T. O’Neal Administration Complex will cost the Government of the Virgin Islands over one million dollars, according to a Cabinet Post Meeting Statement released on, May 12, 2022, there were lots of feedback from the public regarding the cost and whether that money could be better spent elsewhere.

May 25th, 2022
Police Association calls for payment of 'long overdue' increments & allowances

ROAD TOWN, Tortola, VI- The non-payment of increments and allowances to officers of the Royal Virgin Islands Police Force (RVIPF) is said to be adding to the frustration and poor morale of members of the RVIPF.

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