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The controversy surrounding the administration and operation of Saint Francis Xavier Credit Union in Corozal played out in the media for several months. During that time, there were protests organized and even physical assaults recorded as a result of the debacle. Registrar Kareem Michael says that the board and management of the credit union were […]
Written on March 10, 2023 | Posted in
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Comments Off on Martin Marshalleck Appointed as Administrator to Saint Francis Xavier Credit Union
Saint Francis Xavier Credit Union is the second largest credit union in Belize, with over thirty thousand registered members. With an administrator taking over the day-to-day operation of the credit union, what happens to the member owners and their interests? Kareem Michael, Registrar of Credit Unions “The appointment of an administrator to Saint Francis […]
Written on March 10, 2023 | Posted in
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Comments Off on Registrar: What Happens to Member-Owners & Their Interests?
During today’s budget presentation, Prime Minister John Briceño said that nonperforming loans for domestic banks are at seven percent higher than the max of five percent. This, he said, is due to the pandemic and excessive risk-taking by the financial institutions. During the press conference with the Central Bank of Belize, Governor Kareem Michael spoke […]
Written on March 10, 2023 | Posted in
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Comments Off on Nonperforming Loans for Domestic Bank Up by 7%
Earlier, you heard about the enhanced supervision that took place at the Saint Francis Xavier Credit Union in Corozal, ahead of an administrator being appointed. It is a last resort taken by the Registrar of Credit Unions in an effort to save the embattled financial institution. A recent report from the International Monetary Fund cites […]
Written on March 10, 2023 | Posted in
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Comments Off on 2 Banks in Belize under Enhanced Supervision
On Thursday, we told you that Cabinet has agreed to convene a Commission of Inquiry into the sugar industry in an effort to review the sustainability of the industry, as well as its modernization. To clear up questions as to the intended outcome of this exercise, Prime Minister Briceño sought to explain the purpose and […]
Written on March 10, 2023 | Posted in
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Comments Off on Cabinet Sub Committee Established to Address Impasse Between B.S.I./A.S.R. and B.S.C.F.A.
On Thursday, we told you about the agreement between the Government of Belize and the Joint Unions Negotiation Team for the implementation of a phased approach to the Public Sector Pension Reform. Today, Prime Minister Briceño further elaborated on why the current public sector pension scheme is unsustainable, noting that by the end of the […]
Written on March 10, 2023 | Posted in
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Comments Off on How Many Years Of Service To Be Exempted from Contributory Public Pension Scheme?
One last report from the Sitting of the House. The meeting came to an end with Leader of the Opposition Shyne Barrow being escorted out of the National Assembly. Valerie Woods, the Speaker of the House of Representatives, requested that the Opposition Leader be removed from the sitting after reportedly saying that Speaker Woods would, […]
Written on March 10, 2023 | Posted in
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Comments Off on Opposition Leader Removed from the Sitting of House of Representative
Seidy Quetzal, a Belizean student who recently returned home from studying in Taiwan, is the activist who lobbied for the government to remove all taxes from female sanitary products. Quetzal’s “Don’t Tax My Femininity Campaign” has been in the works since January. She was present at today’s House Meeting where she spoke with reporters. […]
Written on March 10, 2023 | Posted in
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Comments Off on Seidy Quetzal’s “Don’t Tax My Femininity Campaign’ Celebrated By House of Representatives
A daring shootout between a pair of armed thieves and police officers responding to a robbery in progress in Seine Bight Village has raised serious concerns about citizen security on the Placencia peninsula, a prime tourist destination. On Thursday night, both men showed up at a beachfront resort and were in the process of robbing […]
Written on March 10, 2023 | Posted in
Crime,
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Comments Off on Thieves Exchange Gunfire with Seine Bight Police
Commissioner of Police Chester Williams met with the Vice Minister of Security of Honduras at his office in Belmopan on Thursday to discuss various matters, including bilateral working cooperation, human trafficking, and transnational crimes, among other issues. Doctor Semma Julissa Villanueva pledged to assist the Belize Police Department in a number of areas such as […]
Written on March 10, 2023 | Posted in
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Regional / International |
Comments Off on Honduran Vice Minister of National Security Visits Belize
It’s Women’s Month and today, a group of female police officers stationed across Eastern Division, were recognised by the top brass of the Belize Police Department for their work at the Queen Street Police Station in Belize City. Over five hundred female officers are employed with the Belize Police Department which represents just about twenty-five […]
Written on March 10, 2023 | Posted in
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Comments Off on Belize Police Department Honour Female Officers and Staff
It’s been nine years since sargassum has been drifting to our shorelines, but based on the amounts that are drifting ashore and the broad stretch of beaches that has already begun to cling to, the impact for 2023 is threatening to be the worst yet. This year, even the southwestern portion of the island where […]
Written on March 10, 2023 | Posted in
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Environment,
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Comments Off on The Sargassum Onslaught Hits San Pedro
News of dredging occurring on the western side of San Pedro has raised public concerns. The story spoke to the concerns about the area which is said to be a spawning area for fish and also about the uncertainty of the environmental clearance for the project. But today News Five’s Marion Ali did some searching […]
Written on March 10, 2023 | Posted in
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Comments Off on The Reason behind the Dredging in San Pedrito, San Pedro
Parents, this question is for you. Has it been a challenge getting your children to eat their veggies? Do you have to sit and watch them chew and swallow their food so they don’t toss it out when you turn your backs? The truth is, eating vegetables is a challenge for both adults and children. […]
Written on March 10, 2023 | Posted in
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Environment,
People & Places |
Comments Off on How Did a Teacher GetHer Students to Enjoy Eating Their Veggies?
Cabinet has made a decision, essentially acquiescing to the demand put forward by cañeros in the north, that a commission of inquiry be convened into the sugar industry. That decision comes hard on the heels of a demonstration in Belmopan on Tuesday. The Belize Sugar Cane Farmers Association took to Independence Hill as cabinet met […]
Written on March 9, 2023 | Posted in
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Featured |
Comments Off on Cabinet Decision: Commission of Inquiry on the Sugar Industry
G.O.B. has said that it will not nationalize the sugar industry. But what will be the scope of the inquiry? Will the unresolved commercial agreement be settled? Jose Abelardo Mai, Minister of Agriculture “It is not an exercise to go in and finger only on B.S.I. it has to be a holistic approach. It […]
Written on March 9, 2023 | Posted in
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Comments Off on Agriculture Minister: Inquiry Is Not to Dig Into B.S.I. Business
We also heard from Alfredo Ortega, the Chairman of the Committee of Management at the Belize Sugar Cane Farmers Association. Ortega was among those leading the protest on Tuesday in Belmopan. Today, he told us that the B.S.C.F.A. is thankful for the decision made by Cabinet to convene a Commission of Inquiry. Alfredo Ortega, […]
Written on March 9, 2023 | Posted in
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Comments Off on B.S.C.F.A. “Thankful” For Cabinet’s Decision on Commission of Inquiry
Prime Minister John Briceño has said that at this time an increase in the controlled price of brown sugar cannot be entertained due to the high cost of living. Two of the sugar cane farmers associations in the north, as well as A.S.R./B.S.I., have written the government requesting an adjustment to the cost; the last […]
Written on March 9, 2023 | Posted in
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Comments Off on Abi Mai: Controlled Price of Brown Sugar Needs to be Revisited
You have been warned and now the government is taking action. Last week, Prime Minister John Briceño told the media that a taskforce was set up to address the global issue of inflation and more specifically the extensive price gouging that has been taking place – primarily in smaller stores across the country. A report […]
Written on March 9, 2023 | Posted in
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Comments Off on Watch Out! Supplies Control Amendment Bill to Address Price Gouging
The Government of Belize is moving full steam ahead with its planned public sector pension reform. Conversations surrounding pension reform surfaced back in early February when, at a joint union press conference, Dean Flowers, the President of the Public Service Union, announced that G.O.B. had proposed to reform the current public service pension scheme. Since […]
Written on March 9, 2023 | Posted in
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Comments Off on Government of Belize Announces Phased Approach to Pension Reform
The United Democratic Party is currently in its convention season and standard bearers are being elected and endorsed across the country. In the Queen Square Division, Shane Williams, who is no stranger to politics, is hoping to be voted as the new U.D.P. standard bearer. Former Prime Minister Dean Barrow won that seat for eight […]
Written on March 9, 2023 | Posted in
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People & Places,
Politics |
Comments Off on Shane Williams: The U.D.P. Underdog in Queen Square
It’s kite season, an annual tradition that has for many years firmly taken root in Belizean culture. While handmade kites are no longer as popular as they once were in the eighties and nineties, flying kites during the month of March is an enduring pastime. It also ties in with Child Stimulation Month, as it […]
Written on March 9, 2023 | Posted in
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Comments Off on Kite Flying and Remembering Baron Bliss on Heroes and Benefactors Day
Today, a Memorandum of Agreement was signed for the upgrade of several miles of road in the Valley of Peace community. The two point two million dollar initiative is being funded through the Rural Resilient Belize Project under the Ministry of Economic Development. The road project, which is being implemented by the Ministry of Infrastructure […]
Written on March 9, 2023 | Posted in
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Comments Off on M.O.A. Signed to Develop 5 Miles of Valley of Peace Road
In March 2020, the first confirmed case of COVID-19 was detected in Belize. Since then, nearly seventy-one thousand confirmed cases of COVID-19 have been recorded and a total of six hundred and eighty individuals have died from the virus in Belize. COVID-19 brought the local economy to a virtual standstill which led to economic contraction, […]
Written on March 9, 2023 | Posted in
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Health,
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Comments Off on PAHO Hold “3 Years of COVID-19’ Press Conference
This afternoon, the Belize Central Prison received two hundred and forty Chrome Books from the Port Moody Rotary Club in British Columbia. It was the final phase of an ongoing educational program that the club helped to set up back in 2018. The program has aided hundreds of inmates who have passed through the doors […]
Written on March 9, 2023 | Posted in
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Education,
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Comments Off on Belize Central Prison Receives 240 Chrome Books from Port Moody Rotary Club
