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Parliament: Audio & Order Of Business

Parliament: Audio & Order Of Business

[Updated with audio] Statements on T.N. Tatem Middle School, Railway Trail & Gibbets Island, and the Efficiency Committee Report are due to be delivered in the House of Assembly on Friday [May 31], while Bills to be introduced include the Bermuda Economic Development Corporation Amendment Act 2019 and the Government Loans Amendment Act 2019 are... Read more of this article

Column: ‘Reckless Abandon’ With Legislation

Column: ‘Reckless Abandon’ With Legislation

[Opinion column written by OBA Senator Dwayne Robinson] ‘Reckless abandon’ was the accurate description my colleague Senator Marcus Jones used regarding the way the PLP passed the recent Health Insurance Amendment Act. However, I would go a step further and use this description for the PLP’s entire tenure as Government since their victory in 2017.... Read more of this article

Column: ‘PLP Working To Diversify Economy’

Column: ‘PLP Working To Diversify Economy’

[Opinion column written by MP Dennis Lister III] While the government is focused on diversifying our economy and expanding jobs and opportunities for Bermudians, the OBA seems more focused on fighting for the status quo, protecting the privileged and undermining the work we are doing to improve the lives of Bermudians. The OBA has opposed the introduction... Read more of this article

Ombudsman Conference A ‘Great Success’

Ombudsman Conference A ‘Great Success’

The 10th Biennial Caribbean Ombudsman Association [CAROA] Conference concluded on Wednesday at the Fairmont Southampton Resort in Bermuda. The Ombudsman for Bermuda, Victoria Pearman, and her colleagues from the region will be in training sessions with Dr. Victor Ayeni for the remainder of the week. Dr. Ayeni is a well-known international authority... Read more of this article

Minister Zane DeSilva On Special Taxi Permits

Minister Zane DeSilva On Special Taxi Permits

“It is expected that the special taxi permits, which are to be used at specific times of the day and night, will, in the short-term, increase the taxi inventory to address demand where there are taxi shortages,” Minister of Tourism and Transport Zane DeSilva said, adding that “the proposed hours are from 3:00pm to 6:00am.” Minister... Read more of this article

TN Tatem Repairs To Take 10 Months, Cost $3M

TN Tatem Repairs To Take 10 Months, Cost $3M

[Update] Minister of Education Diallo Rabain is holding a press conference this morning [May 30] to provide further information on the situation regarding TN Tatem Middle School. There have been ongoing problems due to the condition of the building, and last month students were relocated to other schools, and yesterday the Ministry of Education confirmed... Read more of this article

MP Michael Scott On Retail Sales Volume

MP Michael Scott On Retail Sales Volume

“Global trends show that the traditional brick and mortar retail entities of the past are dwindling in favour of alternate models such as online shopping,” PLP MP Michael Scott said, adding that the “only answer the OBA has given to address the retail sector’s woes are for a return to the OBA/Michael Fahy approach of opening the... Read more of this article

Leah Scott: What Is The Gaming Board Doing?

Leah Scott: What Is The Gaming Board Doing?

“According to the Official Gazette the Government has announced the Board of the Bermuda Casino Gaming Commission – but with no prospect of gaming soon, what is it doing,” Deputy OBA Leader Leah Scott asked today. Ms Scott said, “What are they being paid to be board members? What is their mandate now? Are they taking instructions direct... Read more of this article

Govt: ‘Will Focus On Making Strides In Fintech’

Govt: ‘Will Focus On Making Strides In Fintech’

The Government “will continue to focus on making strides in the Fintech space” and “will not be deterred by the Opposition’s myopic focus on one of the many tech companies that have incorporated in Bermuda,” the Government said. The Government also added that “there is no Memorandum of Understanding with Arbitrade, and... Read more of this article

OBA’s Scott: ‘We Deserve Answers On Arbitrade’

OBA’s Scott: ‘We Deserve Answers On Arbitrade’

“For months, we have been asking for answers to multiple questions” about Arbitrade, Deputy OBA Leader Leah Scott said, adding that “we deserve answers and we should have answers.” This follows after the most recent statement from Arbitrade which said they never closed on the purchase of Cryptobontix, which they said will now... Read more of this article

OBA: Retail Sales Fall A ‘Result Of Govt Policies’

OBA: Retail Sales Fall A ‘Result Of Govt Policies’

Twelve consecutive months of falls in retail sales volume are a “direct result of Government policies,” according to Shadow Finance Minister Nick Kempe. “We have seen the Sugar Tax increase grocery bills, we have seen small Bermudian businesses hit with the dividend tax and we’ve seen increases in Government spending and related taxation,”... Read more of this article

Balance Of Payments & International Investment

Balance Of Payments & International Investment

Minister for the Cabinet Office Wayne Furbert released the 2018 Q4 Balance of Payments & International Investment Position publication from the Department of Statistics. The Minister explained, “Bermuda’s trade with non-residents resulted in a $233 million surplus for the fourth quarter of 2018. Bermuda’s stock of foreign assets at the end... Read more of this article