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SPEAR condemns Sunshine $10M loan

The Society for the Promotion of Education and Research (SPEAR) is strongly advocating that the Board of Directors of the Belize Social Security Board rescind its decision to invest $10 million of the people’s money in Sunshine Holdings Limited at this critical time. SPEAR advises against such an investment for […]

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UDP condemns $10M SSB loan to Sunshine Holdings

The Opposition United Democratic Party has condemned the latest instance of the Government of Belize’s procuring a loan from the Social Security Board. In a press release dated September 14, the U.D.P. criticises the government for raiding S.S.B. funds in order to bail out itself. The 10 million dollars S.S.B. […]

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Sunshine Holdings borrows SSB’s $10M

By Angel Novelo – Staff Reporter The cash-strapped Musa government has found a way to use Social Security Board (S.S.B.) money to buy its way out of trouble. The deal has taken the form of a loan to a new entity known as Sunshine Holdings, which will now buy 20% […]

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Drivers continue to feel the gas price squeeze with no ease from GOB

By Renee Trujillo – Staff Reporter Belizeans are once again feeling the pinch at the pumps and it seems as if there’s no end in sight. The price of gasoline went up literally like a thief in the night on Friday midnight. A gallon of premium gas went from $9.07 […]

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Belizean farmers seek foreign markets

The private sector in Belize’s agricultural industries urgently needs to take the lead in strengthening its partnerships with the public sector for the country to expand its market access base. This was the findings of discussions at a workshop on trade agreements opportunities for Belize, held at the George Price […]

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Taiwan salutes Independence celebrations with fireworks

The Government and people of Taiwan have donated $20,000 worth of fireworks for the September celebrations in Belize. On September 1, Ambssador Charles Tasi presented the Mayor of Belize, David Fonseca with the documents for purchased fireworks worth $20,000. The fireworks will be exploded on the night of September 20, […]

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GOB overspends $32.8M in 1st quarter of 2005

By William Ysaguirre – Staff Reporter Belizeans can now see for themselves how well the government is managing public finances as the Ministry of Finance has begun publishing monthly figures for its total revenue and total expenditure. The policy of publishing the financial data on a monthly basis is a […]

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Marine terminal promised to BTIA, now leased to Water Taxi association

By Ann-Marie Williams – News Editor Cabinet on July 12, 2005 granted the Caye Caulker Water Taxi Association a “lease right” for the Belize Marine Terminal. “An act of betrayal by GOB towards B.T.I.A.” says B.T.I.A. Executive Director, Andrew Godoy. Reporter obtained several signed letters both from Lands Minister, John […]

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Corruption by Influence!

By Henry Young During the period Glen Godfrey was Chairman of the Development Finance Corporation (D.F.C.) a great many questionable transactions took place. These transactions were all recorded as loans. Considering all the facts, it appears many of the so called loans came closer to being gifts, or grants to […]

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Caribbean Association denounces GOBs wage freeze

The Caribbean Public Services Association has denounced the behaviour of the government of Belize for instituting a wage freeze on public officers. In a letter to the Prime Minister last week the Secretary General of the Caribbean Public Service Association informed him of the resolution which denounces this action which […]