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Prime Minister Dean Barrow pretty much said on Wednesday, that government won’t be paying the UHS loan that has ballooned to ninety million dollars and for which interest will keep accruing. The first to respond to this position was the Belize Chamber of Commerce and their statement has put them at war with the PM. […]
Written on November 30, 2017 | Posted in
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Businesswoman and influential past president, Kay Menzies, addressed today the issue of increased taxation as a measure to settle debts. In her view, taxes are not the answer; instead government should grow the economy. Menzies says you can’t hold on to debt, because it won’t go away. Kay Menzies, Managing Director, Karl H. Menzies […]
Senior Counsel and constitutional attorney Magali Marin-Young discussed the ins and outs of the Caribbean Court of Justice’s decision in favor of the Belize Bank Limited to enforce payment of the loan note. One week of the three-week period under the Crown Proceedings Act has passed for enforcement of the judgment, with the Government’s members […]
Written on November 30, 2017 | Posted in
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No less than nine members of the Government, the United Democratic Party, have indicated that if and when the Appropriation Bill makes it to the House of Representatives they would vote no. Prime Minister Dean Barrow indicated on Wednesday that this would be up to their ‘conscience.’ But Senior Counsel Magali Marin-Young is of the […]
Written on November 30, 2017 | Posted in
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Comments Off on Is Parliament or Constitution Supreme?
The Prime Minister seemed to argue on Wednesday that a vote in parliament, either way, would be the end of the matter. But Senior Counsel Magali Marin-Young says not so. She suggests that if such a vote comes to pass, the matter would go back to the courts because the Constitution, and not parliament, is […]
Written on November 30, 2017 | Posted in
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Comments Off on A Way the Belize Bank Can Still Get Their Money
On occasion in the past, mayor of Belize City Darrell Bradley has clashed with his own party on issues of national importance. But it is clear that with regard to the U.H.S. arbitral award, the United Democratic Party has closed ranks on an issue that has always been, at least recently, a bee in their […]
Written on November 30, 2017 | Posted in
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Comments Off on Mayor Darrell Bradley Throws Support Behind PM in UHS Battle
The decision not to pay the UHS loan has serious ramifications for the economy as it relates to investors confidence. The PM is not daunted by the possibility that the already sluggish economy could be affected. Prime Minister Dean Barrow “We don’t know how the house will vote, but assuming the house votes no, […]
Written on November 30, 2017 | Posted in
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Comments Off on P.M. Defends Investment Climate
The Football Federation of Belize convenes this Saturday for the election of a new president. With Acting President Marlon Kuylen having stepped aside, the race sees four candidates vying for leadership of the embattled organization. Depending on who you ask, the majority vote within the F.F.B. congress is a toss-up between two candidates. We fielded […]
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Millions of dollars worth of medication are being stored in five containers at a Ministry of Health facility in Ladyville. The meds have expired; some are no longer used in the health system or were donated and of poor quality. The medications, we have learnt are to be discarded, disposed of by the Solid Waste […]
Written on November 30, 2017 | Posted in
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The lopped-off head of fifty-six-year-old Hilton Wade was discovered on a bench under a makeshift bus shed in Cotton Tree Village on Wednesday morning. His mutilated body was found approximately one mile from where his head had been placed for public viewing. It is a most gruesome murder that Roaring Creek police are tasked with […]
Written on November 30, 2017 | Posted in
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Comments Off on Questions in Beheading of Cotton Tree Man
A Belizean accused of a horrific triple murder in Lee County, Florida in 2015 could face trial again after a relative’s inadvertent testimony caused a mistrial. Twenty-two-year-old Brian Hyde is accused of the murders by stabbing of his aunt, thirty-seven-year-old Dorla Pitts; his cousin, seventeen-year-old Starlette Pitts and her unborn child, and Pitts’ boyfriend, nineteen-year-old […]
Written on November 30, 2017 | Posted in
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Comments Off on Belizean in Florida Obtains Mistrial in Triple Murder Case
Lieutenant Colonel Charlton Roches remains sidelined from active duty in the Belize Defense Force, pending a decision by the incoming B.D.F. commander, Steven Ortega, on the status of his employment. Roches is the subject of an investigation launched by the Ministry of Defense into transactions conducted by the senior officer through a private company he […]
Written on November 30, 2017 | Posted in
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The GDP grew by zero point five percent for the last quarter. As you heard on Wednesday, the SIB’s stats for the last quarter- July to September – show marginal growth when compared to the same quarter last year. At Wednesday’s press conference, the SIB also shared the latest on prices and external trade. According […]
Written on November 30, 2017 | Posted in
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Comments Off on Behind Sluggish Economic Growth in Third Quarter
It’s November thirtieth and that means the Hurricane Season has closed. The 2017 Hurricane Season lived up to expectations as a very active one, forecasted to be above average and it was, with seventeen named storms – and only six didn’t hit land. Belize was lucky to have escaped from the six major hurricanes – these […]
Written on November 30, 2017 | Posted in
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Comments Off on Hurricane Season Over – Belize is Spared
An open house was held at the Inspiration Center today, where stakeholders from various government agencies participated in a discussion on children and poverty. The session is part of an ongoing initiative being led by UNICEF, the Ministry of Human Development and the Organization of American States. Doctor Susan Kasedde, UNICEF’s Country Representative in Belize […]
Written on November 30, 2017 | Posted in
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Comments Off on Tackling Poverty Among Children
The Memorial Park has not fared as well as its counterparts, the B.T.L. Park and Battlefield Park, as a source of economic development for Belize City. This is despite its prime location in the heart of the tourism zone and right next to the Tourism Village. The Belize Tourism Board and the Village have been […]
Written on November 30, 2017 | Posted in
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Comments Off on Vendors in Arms as Memorial Park Opens for Them
Nine more streets across the Old Capital are being re-done with concrete as the Belize City Council gears up for municipal elections next year. The over-two million dollar project, done by RJB Construction, was funded through monies sourced from leftovers of the Municipal Bond funding in which over one hundred streets were re-done. Mayor Darrel […]
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Comments Off on 9 More Streets to be Concreted…
But a common complaint about some of the concreted streets especially those done in the early days of the Municipal Bond funding, is that wear and tear have caused them to break up significantly. It is an issue the City Council has grappled with and today Mayor Darrell Bradley said the Council will get behind […]
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Comments Off on But What Will Happen to Broken Streets?
Getting a business off the ground can be a daunting prospect for any entrepreneur. Today, an event took place that brought together players from many sectors who offered support on how to start up a business from concept to financing. News Five’s Duane Moody reports. Duane Moody, Reporting The third Annual National Entrepreneurship Convention […]
Written on November 30, 2017 | Posted in
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There is a significant upgrade in technology at the Central Laboratory in Belize City. The lab has acquired new equipment that will increase capacity and time for blood screening. Tonight in Healthy Living, we visit the lab to find out more about the newly acquired machine, and its benefits. Marleni Cuellar, Reporting This room […]
Written on November 30, 2017 | Posted in
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Prime Minister Dean Barrow finally broke his silence today exactly one week after the Caribbean Court of Justice delivered a ruling in which it granted leave to the Belize Bank to pursue the enforcement of a ninety million dollar award. That compensation is in respect of a mounting debt which stems from a private loan […]
The Prime Minister is duty-bound to table a proposal in the House of Representatives at its next sitting requesting the appropriation of that eight-figure sum from the Consolidated Revenue Fund based on the ruling of the CCJ. In tandem with the Crown Proceedings Act and the Constitution of Belize, the process that government now has […]
Written on November 29, 2017 | Posted in
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Comments Off on C.C.J. Cannot Compel Bill Authorizing Payment to Pass
According to the PM, the mandate of the CCJ does not extend to parliament so it can be struck down by a majority vote. In this case, he says the debt will remain unpaid because the CCJ cannot compel parliament to pay. This scenario will be a first for Belize for government to table a […]
Written on November 29, 2017 | Posted in
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Comments Off on P.M. Says ‘Extremely High Risk’ That Payment Will Not Go Through
With most ministers already saying no, the PM says that a conscience vote will end with U.D.P. parliamentarians voting against the bill. In this instance, interest will admittedly continue to accrue past the ninety million dollars, because the debt will not go away from the Government’s balance sheet and in essence, he is kicking the […]
Written on November 29, 2017 | Posted in
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Comments Off on The People’s House Has Final Say; Cannot Be Challenged
Foreign Minister Wilfred Elrington has gone on record to chide the CCJ, after losing an appeal in respect of a private land dispute involving Progresso Heights. He soundly criticized the bench by stating that he was denied a fair chance to present his case before the appellate jurisdiction, perhaps because of a preconceived notion that […]
Written on November 29, 2017 | Posted in
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