Yearly Archives

2016

Panama Papers law firm fined $440,000 by BVI regulator

The British Virgin Islands independent regulator, the Financial Services Commission (FSC), has fined the local arm of the Panama Papers law firm, Mossack Fonseca, $440,000 for its contravention of numerous sections of the Anti-Money…

Lawsuits fly in Guyana over university accreditation claims

An article published by the Guyana Guardian newspaper on Sunday stating that medical degrees issued by the Guyana-based Texila American University are not recognised by the US Department of Education has prompted a threat of a GY$500…

Christophe Harbour hosts press conference to update public

(ZIZ News) -- Officials from Christophe Harbour St. Kitts met with members of the media on Tuesday to give updates on Christophe Harbour Marina. During his welcome remarks, CEO and founder of Christopher Harbour; Buddy Darby said he was…

Trump: I could have won popular vote if I needed to

Donald Trump says he could have won the popular vote against Hillary Clinton if he had campaigned differently. With one state left to count, Mrs Clinton has nearly a million more votes than him but lost last week's election due to the…

Russian Economy Minister Ulyukayev charged with $2m bribe

Russia's Economy Minister Alexei Ulyukayev has been charged with taking a bribe to endorse a state takeover. Investigators said he received a $2m (£1.6m) payment. The minister pleaded not guilty to the charge. Read more:…

Ron Dennis: McLaren boss ends his 35-year tenure

Dennis, 69, quit after being told by fellow shareholders on Tuesday that he must give up his position as chairman and chief executive of McLaren Group. He did not want to step down and failed in a High Court bid last week to prevent…

Youth Bike Run deemed a success

(ZIZ News) — The activities for Youth Month 2016 continued on Sunday with a Youth Bike Run around the island. Bicycle owners and enthusiasts, both young and old, gathered at the Conaree Playing Field at 6 a.m. to participate in the…

Police investigating shooting incident in Sandy Point

(ZIZ News) -- The police force’s Violent Crimes Unit and officers of the Sandy Point Police Station are investigating a shooting incident in Sandy Point that has left one man dead. 61 year old, William Gift, a resident of The Alley,…

Financial access workshop continues

(ZIZ News) -- workshop on financial access for small and medium businesses wrapped up on Tuesday with plans to draft laws that would help these enterprises grow. The sessions were hosted by the Eastern Caribbean Central Bank and the…