The Belize Chamber of Commerce has had its say and today, the Belize Business Bureau fired off a release expressing similar sentiments against the expropriation of Belize Electricity Limited. The Bureau cites three reasons why it is gravely concerned about the takeover. Firstly, the public debt, which is already at eighty-five point eight percent of […]
A coroner’s inquest into the shooting death of Corporal Gavin Sanchez concluded today and the final decision is just the opposite of what his family was hoping for. After deliberating for half an hour, the jury of three women and two men concluded that Sergeant Paulino Reyes acted in self defense when he shot Sanchez […]
Government’s latest fight is with the Belize Chamber of Commerce and Industry. On Tuesday the Chamber issued a very strong statement against the expropriation of Belize Electricity Limited. The government today responded in kind and threw the Chamber under the bus in a highly explosive and emotional statement. The choice of language is similar to […]
So what did the Chamber say that has the government in a twist? Well, the Chamber was outright against the expropriation, the manner in which it took place and expressed concerns about foreign investment. Its comments on the forcible takeover of B.E.L. came along with a survey in which over seventy percent of its polled […]
The bills for the expropriation of B.E.L. were rushed in the House and Senate and by the end of Monday, the Governor General had signed off on them. On Tuesday morning, the Fortis privately owned company, changed hands and went under government control and a new Board and C.E.O. were installed. While the transition went […]
While the government’s release highly charged, today, Fortis issued its first statement out of Newfoundland, Canada where it is headquartered. The announcement was brief and concise, saying matter-of-factly that the government has expropriated the Canadian company’s controlling stake in the country’s main electrical distributor and that Fortis had owned seventy percent of Belize Electricity Ltd. […]
The B.E.L. nationalization has been picked up by several international organizations whose perceptions help investors decide whether or not the country is stable enough to pump cash. They also serve as advisories to lending agencies that can help the country in hard times. Currently, Moody’s Investors Service has marked Belize at B-three, a level lower […]
Romel Palacio Sr., a former B.D.F. soldier, was shot on Sunday morning by a trio who simply walked into his house on Jane Usher Boulevard and unleashed a hail of bullets on him in the presence of family members. Palacio was on life support since then and this morning he expired at the Karl Heusner […]
There is another case of murder to solve. The body of a murdered man was discovered on Monday, one hundred yards into a feeder road in Red Bank Village, Stann Creek. The victim has since been identified as forty-seven year old Luis Maas, a Guatemalan national who lived in the village. Maas was found lying […]
Close to seven thousand primary school children sat this year’s Primary School Examinations from schools around the country. While the results were poor in Math and English, the results were encouraging in social studies and science. Despite the overall dismal performance, the top twenty five students who excelled in the examination were honored today. Belize’s […]
There was good news in court today for La Cabana Bar owner, Mike Menjivar, who was in prison since a Gang Suppression Unit raid on May twentieth. Menjivar is facing nine counts of attempted murder and aggravated assault in connection with a shootout with the G.S.U. officers at his property. This afternoon, Justice Troadio Gonzalez, […]
Twenty-nine year old prisoner, Crispin Moreno, had a charge of Murder read to him inside a BERT Ambulance this morning. Moreno, who is believed to have been among a group that robbed and brutally beat Dr. Enrique Guerra, was charged with Attempted Murder. Guerra passed away on June eighth and the charges against four other […]
Tragedy has struck a young couple. Twenty one year old Marty Tzib, a resident of Cayo came our studios today with a heartbreaking story. Tzib says that his pregnant wife experienced terrible pains early Monday morning and he took her to the local hospital. But before hours after the baby’s birth, the child was dead. […]
School’s out and if you don’t have any plans for your kids this summer, Peter Lacey says you can send them over to his eight annual summer camp. Director Lacey says that they have hosted a thousand and two hundred primary school students over the years and expects to accommodate three hundred students from the […]
Former Chief Elections Officer-turned-author Myrtle Palacio today released two publications that, to say the least, are completely different in scope and focus. After sitting with the late John Mariano, a renowned spiritual healer within the Garifuna community, Palacio compiled a comprehensive book. Adugurahani: A Walk Through Garifuna Spiritualism is a piece of literature which delves […]
Myrtle Palacio’s other publication, “Electoral Politics in Belize: The Naked Truth” draws from statistical data on the democratic process that paints a picture of Belize’s political landscape. It is her hope that the book will be used as resource material by students interested in researching and writing on the nation’s political history. Myrtle Palacio, Author […]
