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Finance and Business

January 26th, 2022
Local Anna A. Rabsatt Out! Jamaican Arnold J. Ainsley In! as Treasury Boss

ROAD TOWN, Tortola, VI- Word reaching our news centre from senior sources within the Governor’s Office is that former Treasury Consultant Arnold J. Ainsley has been appointed to act as Accountant General in the [British] Virgin Islands.

January 26th, 2022
Gov’t raked in over $320K in revenue from Gazettes in 2021

ROAD TOWN, Tortola, VI– Despite being impacted by the COVID-19 pandemic and having to make 'adjustments', for 2021 the Virgin Islands (VI) Cabinet Office raked in over three hundred and twenty thousand dollars ($320,000) in revenue via its Gazette Unit alone, according to Cabinet Secretary Sandra I. Ward.

January 25th, 2022
No automatic acceptance for locals in VI medical schools- Hon Flax-Charles

ROAD TOWN, Tortola, VI – Junior Minister for Trade and Economic Development, Hon Shereen D. Flax-Charles (AL) has revealed there would be no automatic acceptance for locals in medical schools when they become operational in the Virgin Islands.

January 25th, 2022
W&SD trying to collect some $6M owed by customers- PS Smith-Berkeley

ROAD TOWN, Tortola, VI- Permanent Secretary in the Ministry of Transportation, Works and Utilities Mr Ronald F. Smith-Berkeley said if the leaks in the water network in the Virgin Islands are sealed, it would reduce the haemorrhaging of money that currently exists in the Water and Sewerage Department (W&SD).

January 24th, 2022
Since 1986 VIF&RS requested turntable ladder to access tall buildings– CFO McLean

ROAD TOWN, Tortola, VI- Chief Fire Officer (CFO) Mr Zebalon A. McLean told the recent Standing Finance Committee (SFC) that the Fire and Rescue Services Department has been lobbying the Government for a ladder to access taller buildings without success since 1986.

January 22nd, 2022
Gov’t should ‘head hunt’ locals to fill top jobs in VI– Skelton-Cline

BAUGHERS BAY, Tortola, VI – Pastor & Radio talk show host Claude O. Skelton-Cline has called on the Fahie administration to ensure that key positions in the public sector are being held by Virgin Islanders as a matter of priority.

January 21st, 2022
Mourant BVI assists Stillfront on Six Waves Inc acquisition

ROAD TOWN, Tortola, VI - Mourant, a law firm-led professional services business, has advised Stillfront Group, a powerhouse of gaming studios, on the BVI law aspects of the acquisition of Six Waves Inc, a BVI company, for initial consideration of US$201 million plus an earn-out capped at US$100 million.

January 21st, 2022
Customers complain about wet floors @ RiteWay Food Market in Pasea

PASEA ESTATE, Tortola, VI- For years, residents who shop at the RiteWay Food Market located in Pasea Estate have made complaints about the wet floors at the flagship store on the main island of Tortola.

January 19th, 2022
'We cannot import all the labour & have locals sitting @ home'- Hon Wheatley

BAUGHERS BAY, Tortola, VI- Minister for Natural Resources, Labour and Immigration Honourable Vincent O. Wheatley (R9) has defended the Department of Labour and Workforce Development and the lengthy time that the department processes work permits.

January 18th, 2022
CIBC FirstCaribbean donates $1000 to FSN instead of year-end staff party

ROAD TOWN, Tortola, VI– Instead of its seasonal staff celebrations, the staff at CIBC FirstCaribbean in the Virgin Islands (VI) agreed once again to instead donate $1,000 to people in need through the Family Support Network (FSN).

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