Cayman Net News | Bigger | Bolder

Editorial
- Creating a class of “economic citizens”
  
  May 25, 2012
  Being limited in natural resources, the Cayman economy must find ways to continuously expand. Unlike other economies that can rely on cross-subsidisation from revenues derived from minerals, manufacturing, agriculture or other Read More »

Top Stories
- Auditor General critical of CINICO operations
  
  The Auditor General, Alastair Swarbrick has found “a number of significant weaknesses” in the operations of the Cayman Islands National Insurance Company Ltd. (CINICO), the government-run Read More »
- Shetty favours private healthcare
  
  Dr Devi Shetty, cardiac surgeon, entrepreneur and proprietor of the proposed Cayman Narayana Hrudayalaya (NH) Medical Centre has noted that governments should run insurance programmes and Read More »
- Labour market shows slight improvement
  
  Total employment in the Cayman Islands in 2011 was estimated at 35,267, which was an increase of 0.8 per cent, compared to 2010. Caymanian and non-Caymanian Read More »

Auditor General critical of CINICO operations

The Auditor General, Alastair Swarbrick has found “a number of significant weaknesses” in the operations of the Cayman Islands National Insurance Company Ltd. (CINICO), the government-run health insurance scheme. In a performance More »

Shetty favours private healthcare

Dr Devi Shetty, cardiac surgeon, entrepreneur and proprietor of the proposed Cayman Narayana Hrudayalaya (NH) Medical Centre has noted that governments should run insurance programmes and should not be in the business More »

Premier McKeeva Bush has touted employment and major economic projects as part of his UDP government’s agenda. FILE PHOTO

Labour market shows slight improvement

Total employment in the Cayman Islands in 2011 was estimated at 35,267, which was an increase of 0.8 per cent, compared to 2010. Caymanian and non-Caymanian employment rose by 1.1 and 0.6 More »

Tempura rears its ugly head

The highly controversial Operation Tempura investigation is set to occupy the headlines yet again when two former senior British police officers confront each other in a courtroom battle. The Independent, a British More »

Brac road paving expenditure raises questions

May 25, 2012 admin No comments

Deputy Premier Hon Julianna-O’Connor-Connolly whose ministry (District Administration, Works, Lands and Agriculture) was responsible for the Cayman Brac road paving programme.

The Auditor General, Alastair Swarbrick, made public on Wednesday, 23 May a public interest report on Road Paving Expenditure in Cayman Brac. This is the first time the Office of the Auditor General has issued this type of report, as part of the new reporting framework, which provides the Members of the Legislative Assembly and the public with information about a particular issue.
In his report, Mr Swarbrick outlined his concerns about how the Ministry of District Administration, Works, Lands and Agriculture (the “Ministry”) spent at least $521,000 paving private parking lots in Cayman Brac out of government funds approved for a programme designated to improve public roads. The expenditures were incurred from 2009 and continue to the current date.

Customs Collector retiring

May 25, 2012 admin No comments

Collector of Customs, Mr Carlon Powery, MBE, JP.

After a distinguished career spanning 40 years, Collector of Customs, Mr Carlon Powery, will be retiring on 31 May 2012.
Mr Powery, who decided last year to retire after four decades in service, has seen revenue collected by his department grow from a few million dollars annually in the early 1970s to over $150 million now.
Ever mindful of his role as chief, Mr Powery has run a tight ship over the years to ensure the Customs department remains the single biggest revenue earning government entity. “We’ve taken this task very seriously. We want to ensure that whatever revenue is due to government is collected. And we have no extravagances here, being really prudent in our expenses over the years,” the Collector revealed.
Yet he has overseen, and indeed driven, the steady growth of his department in staff, infrastructure and technological advancement befitting its lead money earning role. He is equally proud that his staff is 100 percent Caymanian, including 12 new officers who joined in April this Year.

Jeff Webb confirmed as CONCACAF President

May 25, 2012 admin No comments

Jeffrey Webb

Jeffrey Webb, president of the Cayman Islands Football Association was confirmed as president of CONCACAF earlier this week at the federation’s congress in Budapest, Hungary. Mr Webb was the sole candidate for the post and going into the congress, had received the nominations of some 29 of the 40 member countries in the North and Central America and Caribbean football body.
Mr Webb has over 20 years in leadership positions in football, as President of the CIFA, FIFA Executive Committee (Observer), Chairman of the Caribbean Football Union (CFU) Normalisation Committee, member of the FIFA Transparency and Compliance Committee, Deputy Chairman of the FIFA Internal Audit Committee, and Chairman of the CONCACAF Youth Committee.
Mr Webb succeeds Austin Jack Warner, the FIFA vice president and head of CONCACAF who resigned last year amid a “cash for votes” scandal that rocked Caribbean football amid allegations of bribery, involving long-time Caribbean administrator, Warner, and Qatar’s Mohamed bin Hammam, who wanted to run against FIFA president Sepp Blatter at last year’s FIFA presidential election.
Mr Webb, who has been CIFA president for 21 years, will complete the four-year term of Mr Warner, who elected a sixth time to the post in May 2010 but resigned a month later after 20 years in office.
Referring to Mr Webb’s confirmation, Mr Blatter says the new CONCACAF leader is a “clear and clean” man with a presidential style. He described Mr. Webb as someone of “stature and he is an intelligent man and courageous.”

Jubilee celebrations launch this Saturday

May 25, 2012 admin No comments

Diamond Jubilee Committee Chairperson Mary J. Lawrence, and Deputy Chairperson Mr Lemuel Hurlston, who is also Cayman’s Royal Commonwealth Society representative.

The grand launch of the local observance of the Queen Elizabeth II Diamond Jubilee takes place this Saturday, 26 May at Pedro St. James. The public is invited to participate in the many exciting events that day, and to those follow.
The Diamond Jubilee Torch Run will kick-off at 3:00 p.m. on Saturday, 26 May.
Simultaneously, Premier the Hon. McKeeva Bush, OBE, JP, starts from West Bay’s Emily (Teacher) Redley Powery Library and Learning Centre; while North Side MLA Ezzard Miller,, will journey from the Craddock Ebanks Civic Centre.
Other runners will progress along the Queen’s Highway, East End and Bodden Town. The entire race will include MLAs, government dignitaries, local athletes and others across the Cayman Islands.
The final leg will be run by Acting Governor Franz Manderson, Cert. Hon., JP, who will light the Jubilee Beacon at Pedro St. James around 6:00p.m.