Business
Polluters dump toxic waste fuel near water supply
(CNS): In recent months, there has been an increase in toxic waste oil and fuel being dumped close to the Water Authority supply lines in and around its meter boxes. This poses a significant risk to the public water supply system, officials said, as they warned these polluters that hydrocarbons such as gasoline, diesel, motor […]
Business community jittery over government crisis
(CNS): Despite reassurances from former deputy premier André Ebanks and Governor Jane Owen that the government is still functioning as normal after three Cabinet ministers and a parliamentary secretary resigned from the UPM government on Thursday morning, the business community has reacted with concern. The Chamber of Commerce said the resignations amounted to a “seismic […]
Loss-making Turtle Centre seeks to increase appeal
(CNS): As the Cayman Turtle Centre in West Bay continues to lose millions of dollars every year, the beleaguered tourist attraction is looking for marketing experts to elevate its appeal, revamp the entire product, overhaul the website and help it make money, including encouraging donations. According to documents on the procurement website, the CTC is […]
CREA welcomes ‘long overdue’ increased solar rate
(CNS): James Whittaker, the president of the Cayman Renewable Energy Association (CREA), has welcomed the recent changes made to CUC’s Consumer Owned Renewable Energy (CORE) programme after OfReg announced the rate paid by CUC to domestic renewable energy producers would increase. He said the long overdue improvement had been eagerly anticipated but disputed CUC’s claims […]
OfReg blames CUC for stifling solar with low CORE rates
(CNS): The utility regulator has approved new rates and capacity brackets to increase the number of people on Grand Cayman taking up renewable energy generation options. OfReg said CUC’s Consumer Owned Renewable Energy (CORE) programme rates have stifled the adoption of green energy in Cayman and have done nothing to advance sustainability goals in the […]
Inflation fuels increased cruise spending since 2018
(CNS): A new survey sponsored by the Florida-Caribbean Cruise Association claims that passenger spending in 2023-2024 across 33 Caribbean and Latin American ports of call has reached record levels. The cruise industry association said 33.3 million passengers and crew spent a total of US$4.27 billion this last year, an increase of 27% compared to 2018, […]
Four Caymanian articled clerks become new lawyers
(CNS): After 18 months of training at Maples and Calder, the Maples Group’s law firm, four Caymanians completed their articles of clerkship programme and have been admitted as attorneys-at-law in the Cayman Islands. Following their admissions, Brittany Cousins, April Ebanks, Dane Muspratt and Alice Narborough were appointed as associates across a range of practice areas in […]
Cayman gets guest seat on FATF regional body
(CNS): The Cayman Islands has become one of the first countries to secure a seat at the table of a new regional body created by the Financial Action Task Force (FATF). Cayman and Senegal have been appointed as guest members under a new Regional Bodies Guest Initiative that will invite under-represented jurisdictions from the global […]
Power conference opens with regulatory meeting
(CNS): The Caribbean Electric Utility Services Corporation (CARILEC) and Caribbean Utilities Corporation (CUC) are hosting the annual CARILEC Resilient Energy Community (CAREC) Conference in the Cayman Islands this week. Over 120 members of the energy sector, including industry experts, government officials, regulators, renewable energy innovators, and stakeholders from the Caribbean, will meet under the theme […]
Bryan to meet with cruise bosses as port calls fall
(CNS): Tourism and Ports Minister Kenneth Bryan and senior officials from his ministry are attending the Florida-Caribbean Cruise Association (FCCA) Conference and Tradeshow in St Maarten this week. The visit comes against the backdrop of decreasing cruise ship calls and a proposed referendum next year asking Cayman Islands voters if they want cruise berthing facilities, […]
Culture minister gets $574K of ‘treasure’ for Pirates Week
(CNS): Culture Minister Dwayne Seymour has secured well over half a million dollars to spend on this year’s Pirates Week Festival, breathing new life into what had become a lacklustre event in recent years. A lack of government funding and a lack of interest in supporting it from local sponsors had taken a toll on […]
