Archive for June, 2024
Stay-over visitors increase but still short of 2019 highs
(CNS): At the end of May this year, the Cayman Islands had welcomed 209,135 stay-over visitors, which is around 90% of the headcount during the same period in 2019, the last year before the global tourist market was struck by the global COVID pandemic. Officials from the Department of Tourism said that there has been […]
PPM calls for full duty cut on fuel as COL bites
(CNS): Opposition Leader Roy McTaggart is calling on the government to remove all duty on fuel for twelve months to help people navigate the crippling cost of living in the Cayman Islands. Although the rate of inflation is slowing down, prices remain very high as the cost of most imported goods has increased due to […]
People urged to prepare for potential storms
(CNS): The rain continued to douse the Cayman Islands on Friday as the abundant moisture associated with a tropical wave southwest of Grand Cayman moved across the country. Officials are currently watching Tropical Depression Two, which does not pose an immediate threat but could be in our area as a hurricane by next weekend. However, […]
Jury selected and Bush trial set to start Tuesday
(CNS): After several days of delays and closed-door legal arguments, the government’s backbench MP, McKeeva Bush, will now stand trial on Tuesday. Ten jurors were selected on Thursday morning, including three alternates in case any difficulties arise with the first seven after the crown opens its case next week. Eloise Marshall KC from the UK […]
CUC seeks 100MW of solar energy and storage for 2027
(CNS): With an eye on the National Energy Policy targets and the increase in demand for power, CUC has made an application to OfReg for a Certificate of Need (CON) for 131 megawatts of generating capacity, which includes 100MW of solar and storage. The remaining 31MW will be generated from fossil fuels, either diesel or […]
Bush wants 100% local ownership in range of businesses
(CNS): McKeeva Bush MP is filing a private member’s motion ahead of the anticipated parliamentary meeting on 5 July calling for a moratorium on Local Companies (Control) Licences (LCCLs), which are companies operating in the Cayman Islands that are not majority-owned by a local person. The motion seeks to limit the growing number of LCCLs […]
Private pensioners get access to more of their cash
(CNS): Residents living on private sector pensions can now access marginally more of their own money this year as the Department of Labour, in consultation with the National Pensions Board, approved an increase in the 2024 Retirement Savings Arrangements (RSA) disbursement figure from CI$14,125, the current maximum annual payout, to CI$15,000, effective 1 June.
RCIPS to host gun amnesty after six-year break
(CNS): The RCIPS is launching a National Gun Amnesty next month, the first one in six years, to remove some of the illegal weapons currently on the streets of Cayman. While the police have seized over 130 firearms over the last seven years, they know of more than 90 that have been used in different […]