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Bermuda Budget

Politics

"TCD to crackdown on abuse of seniors’ car licencing fees"

Seniors will be protected by law from paying car licence fees, under legislation tabled by Transport Minister Walter Roban. But they will have to visit TCD and show their driving licence to qualify for the exemption, as the Ministry cracks down on ab...
Jul 05, 2012
Opinion Writer

"Fitch report can act as a catalyst"

What is a credit rating? It’s an assessment of the probability that a country, business or individual will be able and willing to pay its debts. A rating is based on all available information about assets, income, exposure to financial risks and past...
Jul 02, 2012
Editorials

"Ratings downgrade"

Ratings agency Fitch’s downgrade of Bermuda’s currency ratings is not a great surprise. Fitch traditionally has been the most bullish of the agencies towards Bermuda, so the fact it has now followed the others’ lead was mainly a matter of time. What...
Jun 27, 2012
Politics

"Auditor General releases 2010 report"

Auditor General Heather Matthews called for greater efforts chasing up delinquent employers as pension and tax arrears climbed once again. And Government’s Consolidated Fund for 2009 failed to get a clean bill of health, for the second year in a row,...
Jun 23, 2012
Other

"Auditor General's 2010 Report tabled in Parliament"

The 2010 Report of the Auditor General was tabled in Parliament today. Auditor General Heather Jacobs Matthews said the report was delayed because the Audit Committee had not performed its duties in 2011 And she expressed concerns about the Governmen...
Jun 22, 2012
Opinion Writer

"Action is needed and needed now"

For a company to grow and become competitive both locally and internationally it must be in a position to acquire the necessary employees with the abilities to cater to the demands of its clients. In order for the company to continue to turn a profit...
Jun 20, 2012
Politics

"OBA critical of Minister’s vague answers"

Parliamentary responses from former Transport Minister Derrick Burgess were so vague they left Government open to accusations of cronyism, according to Shadow Minister Patricia Gordon-Pamplin. Mr Burgess revealed his former Ministry spent $470,000 on...
Jun 19, 2012
Politics

"Budget pamphlets cost almost $15,000"

Tens of thousands of information pamphlets on this year’s Budget were produced at a cost to taxpayers of almost $15,000, the Senate was told yesterday. Junior Finance Minister David Burt revealed in response to written parliamentary questions from Op...
Jun 14, 2012
Politics

"PLP hits back at pamphlets criticism"

The Opposition is criticising a pamphlets sent out to residents by Government because “it undermines their ability mislead Bermudians about the Budget”, a Progressive Labour Party spokesperson charged. Entitled ‘Let Us Build One Another, Together’, t...
Jun 04, 2012
Politics

"No syrvey because pier project was rushed"

A geotechnical survey was never undertaken at Dockyard’s Heritage Wharf because of the tight schedule for cruise ship arrivals, Government has revealed. Shadow Environment Minister Michael Fahy charged that the project had been “rushed”, as the pier ...
May 18, 2012
Other

"Wage cut and pension freeze deal stalled"

A wage cut and pension freeze for public sector workers has still not happened, nearly three months after it was agreed in principle. Bermuda Trade Union Congress president Shine Hayward yesterday said talks are ongoing over the move which would save...
May 18, 2012
Other

"AG looks at Southside 'irregularities'"

The Auditor General is considering “alleged irregularities” in relation to a low-cost public housing scheme at Southside. Heather Jacobs Matthews was asked to look into financial matters in relation to the Orange Hole development by Kevin Bean-Walls,...
May 17, 2012
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