Archive for June 27th, 2024

Bush wants 100% local ownership in range of businesses

Bush wants 100% local ownership in range of businesses

| 27/06/2024 | 66 Comments

(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 […]

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Private pensioners get access to more of their cash

Private pensioners get access to more of their cash

| 27/06/2024 | 20 Comments

(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.

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PPM seeks answers on long list of UPM policies

PPM seeks answers on long list of UPM policies

| 27/06/2024 | 18 Comments

(CNS): The Progressive opposition members of parliament have submitted 15 questions ahead of the meeting of lawmakers next week seeking answers on a number of major public interest issues. Topics include the government’s slow progress on the design and implementation of a new public transport system, the number of road fatalities, the status of plans […]

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