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This morning at the High Court in Belize City, over a dozen armed police officers were present for several high-profile matters that were before the judiciary, including a pair of life sentences that were handed down to siblings Delson and Tionne Paguada. We’ll tell you more about that judicial outcome elsewhere in our newscast, but […]
Written on December 20, 2023 | Posted in
Featured,
People & Places,
Trials |
Comments Off on Beefed Up Security at High Court Following Daring Escape
Life sentences were handed down to brothers Tionne and Delson Paguada earlier today after they were jointly convicted of the murder of Paul Jex in San Pedro in January 2018. This morning, the siblings appeared under heavy police guard in the High Court chamber of Justice Nigel Pilgrim where they were convicted and condemned to […]
Written on December 20, 2023 | Posted in
Crime,
Featured,
Trials |
Comments Off on Life Sentences for Convicted Paguada Brothers
Today, sixty-year-old Efrain Beltran Martinez was told that his initial twenty year sentence for the death of forty-three-year old Elmer Salazar would be reduced to six. Martinez, a Salvadoran national, pleaded guilty to manslaughter early this year, following the death of Salazar- a Guatemalan national who was found chopped to death on the compound of […]
Written on December 20, 2023 | Posted in
Crime,
Featured,
Trials |
Comments Off on Efrain Martinez Walks Away With Fourteen-Year Sentence Deduction
Foreign Minister Eamon Courtenay will demit office at the end of this month, and will be replaced in that capacity by Francis Fonseca. Prime Minister John Briceño has confirmed Courtenay’s departure after three years of public service. Courtenay, a senior counsel, will return to his private practice as an attorney. There have been many speculations […]
Written on December 20, 2023 | Posted in
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Comments Off on Rodwell Ferguson Addresses Courtenay’s Departure
In September, we told you about plans by the Central Bank of Belize to streamline fees charged by commercial banks to address customer concerns over high transaction fees. Well, today Central Bank Governor, Kareem Michael, announced that the Central Bank has taken action to address certain conditions that do not promote the fundamentals of an […]
Written on December 20, 2023 | Posted in
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People & Places |
Comments Off on Central Bank Restricts ATM Withdrawal Fees to Twenty-five Cents
But there is one fee that the Central Bank of Belize has not been able to restrict. That fee is charged by a retailer or wholesaler to a customer who chooses to use his or her ATM card. The bank itself does not charge to use the ATM card but the seller does and consumers […]
Written on December 20, 2023 | Posted in
Economy,
Environment |
Comments Off on Are You Being Charged to Use Your ATM Card?
Then there are fees associated with Instant Funds Transfer and Electronic Funds Transfers. According to the Governor of the Central Bank of Belize, Kareem Michael, domestic banks have given a verbal commitment to reduce the charges on using EFTs and IFTs. And to show the Central Bank’s commitment, Michael said that the bank will no […]
Written on December 20, 2023 | Posted in
Economy,
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Comments Off on Fees for EFTs and ITFs to Decrease?
Earlier this month, the Briceño Administration announced that the government would acquire and modernize the commercial port in Belize City. The settlement not only resolves all remaining Ashcroft judgment awards against Belize at a reduced cost, but also mandates the withdrawal of all litigation initiated by Ashcroft companies against the government. The Port Acquisition & […]
Written on December 20, 2023 | Posted in
Economy,
People & Places |
Comments Off on Central Bank Reserves at “Comfortable Level”
The warning came at the start of the year: bus operators who do not upgrade their fleets by December thirty-first will not get their permits renewed. And most of them have heeded that warning and made the necessary adjustments. While clearly none of the buses that were on display today were new, they provided a […]
Written on December 20, 2023 | Posted in
Economy,
Environment |
Comments Off on Bus Operators Show Upgraded Buses
The arrival of Belize City’s electric buses has been a long-awaited event that will be part of a bigger pilot project across the country. Those two buses, according to Minister of Transport, Rodwell Ferguson, will arrive at the end of January and will be handed over to the Belize City Council to run in the […]
Written on December 20, 2023 | Posted in
Economy,
People & Places |
Comments Off on Electric Buses on The Way; City Fares May Decrease
The legal dispute between Floralia and James Bus Line put an end to Floralia’s five-thirty and six-thirty runs from PG, after James took Floralia to court and won the case. Since then, the Transport Board met on December fourteenth to review the applications for the runs. Today, the Minister of Transport, Rodwell Ferguson told the […]
Written on December 20, 2023 | Posted in
Economy |
Comments Off on Floralia Gets Back Runs It Lost During Court Battle
The Ministry of Transport has a new Chief Transport Officer – the second in less than two years. He is Leon Gentle, and according to the Minister of Transport, Gentle has spent eighteen years with the Ministry of Education and was appointed by the Ministry of the Public Service. Rodwell Ferguson, Minister of Transport […]
Written on December 20, 2023 | Posted in
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People & Places |
Comments Off on New Chief Transport Officer Is Leon Gentle
Following government’s announcement of its acquisition of the Port of Belize, it has come under criticism from employees at the Big Creek Port. These are also constituents of Stann Creek West Area Representative, Rodwell Ferguson. Despite a letter the constituents sent to the prime minister, slamming the government for the acquisition, Ferguson says he still […]
Written on December 20, 2023 | Posted in
Economy,
People & Places |
Comments Off on Ferguson Says He Has Area’s Support Despite Port Acquisition
As the regulator of Belize’s financial system, the Central Bank of Belize supervises more than six point six billion dollars held by financial institutions. Domestic banks account for more than four point five billion, while credit unions account for one point three billion dollars. The two top domestic banks are Belize Bank Limited which holds […]
Written on December 20, 2023 | Posted in
Economy,
People & Places |
Comments Off on Empowering Credit Unions to Compete with Commercial Banks
During the conference in Jamaica, Michael said “My bosses want us to do more of the draconian type of measures and it is important that I am able to explain to them why these things shouldn’t apply”. He didn’t share details, but today he said he may have used a strong word. Kareem Michael, […]
Written on December 20, 2023 | Posted in
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People & Places |
Comments Off on “My Bosses Want Us To Do More Of The Draconian Type Of Measures…”
Twelve years after husband and wife couple James and Keisha Young held their first community Christmas party for children in Lake, the annual event continues to grow and is eagerly anticipated by parents and kids, alike. Earlier today, a few hundred children descended on Lawrence Avenue where the street was blocked off to accommodate the […]
Written on December 20, 2023 | Posted in
Economy,
People & Places |
Comments Off on Lakers Annual Xmas Party: Bigger and Better