Tag: André Ebanks
Cross-ministry approach planned to tackle homes crisis
(CNS): At least four ministries from the PACT Government will be involved in a wide number of plans and policies aimed at tackling the emerging housing crisis impacting Caymanians from all walks of life, as the real estate sector has created an unsustainable situation relating to property prices across the Cayman Islands.
André promises radical change for those in need
(CNS): Social Development Minister André Ebanks has promised “transformative change” across the social services landscape of the Cayman Islands, which includes repealing and replacing the “horribly titled” Poor People’s Relief Act in the first quarter of next year and a significant increase in investment in what will become the Financial Assistance Department. According to the […]
Government partners with Dart to attract investors
(CNS): The Dart Group was a prominent partner at a recent event hosted by the Cayman Islands Government Office in London for friends and associates of Cayman. Minister André Ebanks was among the representatives for InvestCayman, a new department within his Ministry of Investment, Innovation and Social Development.
Ebanks leads Cayman at JMC in London
(CNS): Financial Services Minister Andre Ebanks is heading the Cayman Islands delegation at this year’s Joint Ministerial Council between the UK overseas territories and the UK government, which is now underway in London. The premier opted to miss out on the JMC in order to attend COP26 in Scotland earlier this month, leaving Ebanks to […]
CIG to seed fund for climate change projects
(CNS): The Cayman Islands Government is pledging US$25 million to establish the Commonwealth Climate Growth Fund, an investment vehicle that will be domiciled in this jurisdiction and provide money for green private sector enterprises as part of the battle against climate change around the world. Investment Minister André Ebanks explained that not only will Cayman […]
PACT repackages effort to attract foreign investment
(CNS): The Ministry of Investment, Innovation and Social Development has launched a new department to attract inward investment, officials said in a press release. InvestCayman will serve as a “global facing entity” and “an investment promotion agency” to attract investment that aligns with government’s priorities, a release from the ministry stated.
BO law under review ahead of public register
(CNS): The public is being invited to comment on the government’s proposals to reshape the Cayman Islands’ beneficial ownership legislation into a single law to make it more effective in fighting crime and to pave the way to meet the forthcoming changes to the regime, which is expected to lift the lid on who really […]
CI$4 million available for tourism operators
(CNS): Micro and small businesses that offer tourism related services and have been impacted by the border closure are being offered a new kind of grant to help them protect their assets and remain afloat until the sector recovers. Some watersports and tour operators have slipped through the net when it comes to the payout […]
Over CI$58M added to 2021 budget
(CNS): More than CI$58.1 million has been added to government’s 2021 budget after a Finance Committee meeting on Wednesday. There were some very significant increases in the budget, including another $28m to manage the COVID-19 pandemic, over $8m more for scholarships and $4m to help support tourism businesses. Tropical Storm Grace also added another $6m […]
PACT changes policy on overseas offices
(CNS): Financial Services Minister Andre Ebanks has announced a policy review of the previous government’s plans to open overseas offices, and said that a team of new staff employed around the time of the elections by the now disbanded Ministry of International Trade, Investment, Aviation and Maritime Affairs will need to be retrained for different […]