Archive for November 27th, 2018
DEH problems due to management, not trucks
(CNS): The minister responsible for the Department of Environmental Health has said that plans he had to buy more garbage trucks were shelved after he discovered that equipment issues had nothing to do with the problems plaguing a key part of his portfolio. In Finance Committee last week, Dwayne Seymour admitted he was “uncomfortable” answering […]
CAL boss insists new planes will save cash
(CNS): The chief executive officer of Cayman Airways Ltd, Fabian Whorms, has defended the airline’s decision to acquire four new planes, despite its significant debt and the need for millions of dollars in cash injections from the public purse to keep the airline going. Whorms told Finance Committee last week that the fleet had to […]
CIG’s UK office makes appearance at Unionist conference
(CNS): Representatives from Cayman’s Islands London Office travelled to Belfast, Northern Ireland, last week for the Democratic Unionist Party Conference to educate MPs, members of the Northern Ireland Assembly and the general public about the Cayman Islands, according to a press release. This is the first year that a Cayman delegation has attended the DUP Conference, and officials […]
DoE keeping close eye on cull numbers
(CNS): The need to ensure that the cull of invasive green iguanas across Grand Cayman keeps pace with the target is at the forefront of the Department of Environment’s agenda, as the numbers began to drop below the 6,000 daily target last week. For the first time since the cull began at the end of […]
Bank denies any genuine counter-offer
(CNS): Cayman National Corporation Ltd has stated that the bank has not received any legal or real offer to purchase its shares other than the deal it has made with Republic Bank Trinidad and Tobago (Barbados) Limited. Although a minority of the shareholders claim that they have pulled together a consortium that would see the bank […]
OfReg under fire after $2M cash injection
(CNS): The premier has admitted that the office created to regulate utilities has encountered a number of teething problems and has needed much more money than anticipated since its creation some two years ago. Outlining the need for more than $2 million in additional appropriations for the Utility Regulation and Competition Office (OfReg), the premier […]
