Author Archive: Bernews5

Official Govt & Legal Notices For July 17 2024

The official Government and Legal notices for today [July 17] include boards appointments. Board Appointments Notice type: Government Notice Notice sub type: Boards Appointments Notice ID: GN0695/2024 Public Authorities / Department: Ministry Level Publication date: 17 July, 2024 The Minister of Legal Affairs is pleased to make the following appointments. Cost... Read more of this article

Government Announces Energy Tax Reduction

Following the recent electricity rate increases, the Government announced it “will reduce energy taxes by at least 50%” saying the Cabinet approved the reduction yesterday and they are working to have it tabled in the House of Assembly on Friday “so that the tax cut can go into place with immediate effect.” A Government spokesperson... Read more of this article

BOA Announces Partnership With Maurten

The Bermuda Olympic Association announced a partnership with Maurten, a global leader in sports nutrition, for the Paris 2024 Summer Olympics. A spokesperson said, “Maurten, a global leader in sports nutrition, is proud to announce its official sponsorship of Bermuda’s Olympic team for the Paris 2024 Summer Olympics. This new and exciting... Read more of this article

Audio & Senate Order Of Business

[Updated with live audio] The Senate is scheduled to be in session on Wednesday [July 17], and the statements listed on the Order Paper include Cup Match 2024, Emancipation 2024 – Snapshots of our Past and the Bermuda Monetary Authority Annual Report 2023. Update: Live audio stream of the morning session: The Order of Business follows below [PDF... Read more of this article

Bermuda Debate Team To Compete In Serbia

The 2024 Bermuda National Debate Team – Elias Baia [17, Berkeley], Annie Pursell [17, Somersfield], Christopher Maderios [15, Saltus], and Zarah Siddiqi [17, Somersfield] –is currently in Belgrade, Serbia preparing to represent Bermuda at the 2024 World Schools Debating Championship. A spokesperson said, “The Bermuda Debate Society... Read more of this article

Bermuda Stock Exchange Report: July 16 2024

July 16 saw 2,500 shares trade on the Bermuda Stock Exchange, valued at $82,480.00 BD. 1,500 shares were traded by Bank of N.T. Butterfield Ltd, closing up 2.6% at $39.00 per share, while another 1,000 shares were traded by BF&M Ltd, closing down 0.1% at $23.98 per share. The BSX finished at 2,738.71, up 1.99% on the day. There was 1 advance,... Read more of this article

Roban: BELCO “Rate Hike Is A Severe Blow”

“Outrageous and disheartening news,” said the Deputy Premier and Minister of Home Affairs Walter Roban today following the Regulatory Authority [RA] announcement [PDF] that “customers will be slapped with an average 8% increase to their electricity bill following BELCO’s request for a 28% increase in electricity rates.” The... Read more of this article

HenryJets And Luxury Concierge Collaboration

HenryJets.com and Bermuda Luxury Concierge announced a collaboration that they said “promises to elevate the standard of luxury travel.” A spokesperson said, “This partnership seamlessly integrates the premier private jet services of HenryJets.com with the bespoke, high-end hospitality and lifestyle management of Bermuda Luxury Concierge,... Read more of this article

BAC Group Becomes Signature Learning Partner

The Ministry of Education announced that BAC Group has officially become the ninth Signature Learning Partner for Bermuda’s Public School System. A Government spokesperson said, “The Ministry and BAC formalised the partnership in May, marking an important step in enhancing Bermuda students’ educational opportunities. “BAC Group... Read more of this article

Wilton Continues To Support Bermuda Charities

Wilton Reinsurance Bermuda Limited has donated to another two Bermuda charities, with each charity nominated to receive support by the employees of Wilton Re Bermuda. Sylvia Oliveira, CEO of Wilton Re Bermuda said, “Wilton Re Bermuda remains dedicated to our community and the principle of giving our time and financial support. These two charities... Read more of this article

Betschart Continues Competing In Junior Open

Oliver Betschart continued competing in the 2024 R&A Junior Open in Scotland. A spokesperson said, “The second round of The R&A Junior Open was played in typical Scottish conditions with cooler temperatures and a variable breeze coming oﬀ the Firth of Clyde providing a diﬀerent challenge for the young players at the Kilmarnock [Barassie]... Read more of this article

BELCO Rates To Increase On August 1st

BELCO advised that “following a lengthy collaborative evaluation process with the Regulatory Authority of Bermuda, energy rates will see an increase for all meters read on or after August 1, 2024.” A spokesperson said, “The rate increase is in line with increases in similar jurisdictions and provides BELCO the ability to continue offering... Read more of this article