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Grand Cayman based Consolidated Water Co. Ltd. to expand retail water operations with Bahamas Joint Venture

Consolidated Water Co. Ltd. (NASDAQ: CWCO), which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies of potable water are scarce or nonexistent, today announced that it has formed a…

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1000 Man March Outreach launches website

The organisers of the 1000 Man March outreach launched a new website on Friday, May 11th 2012.  The Board gathered at the National Gallery with invited guests and sponsors for the unveiling and presentation of the site. Mr. Phil Jackson,…

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Cayman Islands connection in the Kleiner Perkins Discrimination Lawsuit

    Ellen Pao, a junior partner at Kleiner Perkins Caufield & Byers, has filed a lawsuit against the storied venture capital firm, with detailed allegations about gender discrimination, harassment, retaliation and other charges at the firm. Pao, who joined…

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Between Facebook and JPMorgan, Wall St. woes mount

AP) — Almost four years after the financial crisis, Wall Street still can’t get it right. Investor anger mounted Wednesday over the initial public offering of Facebook stock last week, which was fumbled by the banks that managed the deal…

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Fears grow over Coventry City FC going bust as Cayman Islands link revealed

Fears that Coventry City could be close to going bust are growing – following a Telegraph investigation into owner Sisu’s offshore business dealings in the Cayman Islands. Our investigation has prompted Coventry City Council leader John Mutton to call on…

Auditor General slams CINICO and CINICO replies

The Auditor General, Alastair Swarbrick, made public yesterday (23) a performance audit report on the “Management of Overseas Medical Services.” The Cayman Islands Government is currently spending approximately $30 million a year on overseas medical care. In his report, Mr….

Customs Collector Retiring

After a distinguished career spanning 40 years, Collector of Customs, Mr. Carlon Powery, MBE, JP, will be retiring on 31 May 2012. Mr. Powery, who decided last year to retire after four decades in service, has seen revenue collected by…

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Cayman Islands Auditor General says paving of Cayman Brac private parking lots was illegal

In a Public Interest Report released to us Tuesday (22), but embargoed until 11am on Wednesday, the Auditor General, Alastair Swarbrick, said his office (OAG) had became aware of concerns raised  by a number of parties a bout the paving programme…

Leadership Cayman (LC) immersed in Financial Services

The Chamber of Commerce’s Leadership Cayman (LC) group was immersed in productive conversation recently regarding the Financial Services landscape in the Cayman Islands. This took place within the programmes’ ninth seminar scheduled on May 9th, 2012. On the 7th floor…

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Royal Yacht on Jubilee Coin

A limited edition $5 silver coin commemorating the Diamond Jubilee of Her Majesty Queen Elizabeth II went on sale (Tuesday, 22 May, 2012), at the Cayman Islands Monetary Authority’s (CIMA’s) Currency Section in the main Government building on Elgin Avenue….