Archive for March, 2023
Couple deny importing 5.2 grams of fentanyl
(CNS): Dorman Dowaine Salmon (38), a Jamaican national, and Caymanian Renae Hamilton (32), both from East End, have denied importing around 5.2 grams of fentanyl as well as more than 3.3lbs of ganja. The couple appeared in Grand Court Friday and entered not-guilty pleas to the drug charges and two counts of money laundering in relation […]
One man charged in jewellery shop robbery
(CNS): Only one of three men arrested this week in connection with an armed smash and grab at a jewellery store on the waterfront has been charged in connection with the robbery. The 27-year-old George Town man was charged with robbery and aggravated burglary, as well as the possession and consumption of ganja. A second […]
Cayman endured 14% food inflation rate in 2022
(CNS): The consumer price index (CPI) increased by 9.5% last year when compared to 2021, according to the latest report by the Economics and Statistics Office. The cost of almost everything increased significantly during 2022 but the price of food went up on average by 14%, as the cost of staples soared, including dairy, seafood […]
Court ruling finds PR system breaches BoR
(CNS): The Cayman Islands Government’s troubles with the permanent residency system got a whole lot worse on Thursday when the Court of Appeal declared that the Immigration Act is incompatible with section 9 of the Bill of Rights, which deals with family and private life. Two individuals whose PR applications were denied over insufficient points […]
Local unemployment rate falls to record low
(CNS): The unemployment rate among Caymanians fell to a new low of 3.6% in October 2022, with just 796 local people declaring themselves jobless, according to the Economic and Statistics Office’s Fall Labour Force Survey. With another 9,000 people added to the workforce last year, the population is now over 81,500, an increase of more […]
Seven bills rolled out to tackle AML issues
(CNS): Seven amendment bills to strengthen the powers of the Cayman Islands Monetary Authority (CIMA) and widen the anti-money laundering net have been published in the government gazette. The bills propose changing laws that were passed as far back as 2010 and as recently as 2021 to help the regulator apply “proportionate and dissuasive sanctions” […]
UK still wants direct taxation, Saunders claims
(CNS): Former Cabinet minister Chris Saunders has said Caymanians should be cautious about the relationship with the UK as he believes the UK government would still like to impose direct taxation here. He claimed that if the Cayman Islands Government’s finances take a turn for the worse in the coming years, which he believes is […]
ReGen dump project still poses multiple challenges
(CNS): Premier Wayne Panton has said negotiations surrounding the ReGen waste management project have presented serious difficulties, not least of which has been the challenge of securing value for money. Over the 25-year lifetime of the proposed project, it is expected to cost the public purse at least $1.5 billion, but Cayman will still need […]
Bank violated law over vaccine related data
(CNS): In September 2021, CIBC FirstCaribbean Bank (Cayman) informed its staff that they would be required to prove they were vaccinated against COVID-19 and produce a weekly negative PCR test or go on unpaid leave. However, after two employees complained to the Office of the Ombudsman, the OMB conducted an investigation and found that the […]
Cyclist killed in hit and run on Frank Sound Rd
(CNS) UPDATED: Police have now arrested the driver of a white Chevrolet Blazer involved in the fatal collision Tuesday night on Frank Sound Road that killed local cyclist – Daniel Ernest McFarlane (23) from East End. The 47-year-old man from North Side was arrested on suspicion of leaving the scene of an accident and Causing […]