Tag: Wayne Panton
Cayman finally off FATF AML grey list
(CNS): The Cayman Islands has finally been removed from the Financial Action Task Force(FATF) anti-money laundering “grey list” after more than two years of trying. The jurisdiction was listed in February 2021 due to a failure to successfully prosecute or sanction those involved in financial crime. FATF announced the decision to de-list Cayman following the […]
Hospital full as population keeps growing
(CNS): The Cayman Islands Hospital in George Town is full to bursting and has become the latest casualty of the unprecedented growth in Cayman’s population. As the headcount here continues its relentless rise, all of the country’s infrastructure is coming under strain, including the government hospital. Officials told CNS that they are doing all they […]
Owen ‘not worried’ about upcoming budget
(CNS): Governor Jane Owen has dismissed concerns that the UK might step in to oversee public finances after the PACT Government presents its last budget for this administration next month. Six months after taking up her post, Britain’s representative in the Cayman Islands told CNS that she is “not worried” at this stage about the […]
Work to begin on new CI$6M weather centre
(CNS): More than three years after the Cayman Islands National Weather Service (CINWS) received planning permission to construct a multi-million-dollar weather facility off Crewe Road on land by the RCIPS traffic unit, government officials broke ground last week. The contract for the purpose-built centre, worth just over CI$6 million, was secured by Build Cayman Limited […]
Civil servant seeks $750k for minister’s crude joke
(CNS): Bernie Bush, the minister for youth, sports and culture, has issued a written apology to a well-known female public servant over a dirty joke he made to her, which she has said left her shocked and upset. Despite the written apology, the woman is seeking CI$750,000 in financial compensation from the government over the […]
PACT may increase gun crime penalties
(CNS): Premier Wayne Panton has said that the Cayman Islands Government is considering increasing the penalties relating to the possession of unlicensed firearms in light of the persistent reports of gun violence across the islands. Following a National Security Council meeting on Tuesday, he said that they had agreed to review the Firearms Act (2008 […]
CPA queries climate ministry’s role in national plan
(CNS): The Central Planning Authority held a meeting last month about the review of the National Development Plan, though no details about what people can expect to see once this long-awaited plan is complete have been released. The minutes reveal that the CPA chairman had concerns that the proposed timetable “seemed quite aggressive” and that […]
Inflation slowing down but prices still climbing
(CNS): The price of food, rent, utilities and clothes all increased during the second quarter of this year. The local inflation rate is still rising, even though it has slowed down to 4.1% from its peak of over 12% in the summer of 2022. The Consumer Price Index (CPI) between March and June was 130.4, […]
Seymour paints dim picture of PACT
(CNS): Dwayne Seymour MP (BTE) said the PACT coalition was going down the wrong road and that he was concerned about the future of the Cayman Islands when he resigned from Cabinet last month. He described the atmosphere in the current caucus as “cantankerous”, even suggesting that he had “parted fights” and that he wasn’t […]
Budget under pressure from those in need
(CNS): The Cayman Islands Government has agreed to look at increasing the ex gratia pension paid to retired civil servants, though Social Development Minister André Ebanks warned that this might be very difficult, given the budget constraints caused by the recent increase in long-term financial assistance payments. These stipends were recently increased from CI$950 to […]
Labour Force Survey reveals leap in expat workers
(CNS): “Growth cannot come at the cost of peace of mind and quality of life,” Premier Wayne Panton said Thursday as the Economics and Statistics Office released its Spring 2023 Labour Force Survey. The results show a record-breaking leap in the workforce of almost 8% since the spring of 2022, fuelled by a growth in […]
