Archive for July 27th, 2023
Reporting $2.1B liability would create huge deficits
(CNS): Financial Secretary Kenneth Jefferson has said that putting the Cayman Islands Government’s future liability for post-retirement civil service healthcare costs firmly on its books would create massive annual deficits for public finances. But until it fully reports and accounts for these future expenses, the Office of the Auditor General (OAG) will continue to give […]
Local bullfinch gets ‘Cayman status’
(CNS): The Grand Cayman bullfinch has been reclassified as a separate species, Melopyrrha taylori, having previously been considered a subspecies of a monotypic West Indian genus. As of this month, the American Ornithological Society now recognises the Cayman bullfinch and the Cuban bullfinch (Melopyrrha nigra) as two endemic species. The decision was a belated response […]
OfReg finally makes telecoms warn of outages
(CNS): More than six years after the Utility Regulation and Competition Office (OfReg) was established and over three since the auditor general raised the alarm about its numerous failings, officials have confirmed new rules that require licensed telecommunications companies to notify customers of planned outages. They must also now submit detailed reports on why communications […]