Recent Posts

Editorial / General

U.S. court approves compensation, Prosser & ICC to pay $85.8 million

The Chancery Court of the State of Delaware has given its official stamp of approval to a settlement between investors of Emerging Communications Inc., a telecommunications company in the U.S. Virgin Islands and Innovative Communications, I.C.C., a company owned by Jeffrey Prosser. Proser persuaded the directors of Emerging to sell […]

Editorial / Social / Sports

Editorial (05.12.04)

Two weeks ago the Delaware Supreme Court gave its approval for a settlement involving penalties amounting to U.S. $85.87 million. Innovative Communications (ICC) and it majority shareholder, Mr. Jeffrey Prosser have agreed to pay this settlement for their undervalue acquisition of 48 percent of the shares of Emerging Communications, a […]

FrontPage / General / Sports

Barrier Reef sellout?

Thurs. Dec. 2, 2004 Belizean investors David Gegg and David Courtenay are pushing an ambitious project proposal to lease some 63 miles of the Belize Barrier Reef for 20 years to develop what is essentially an aquatic theme park. The Barrier Reef Park as it

Crime / FrontPage / General

Belizeans walk for AIDS awareness

Hundreds of concerned Belizeans, students and health workers participated in the Annual AIDS Walk though the streets of Belize City from the Constitution Park to the Memorial Park on World AIDS Day, Wednesday, December 1. AIDS Commission Technical Director Ruth Jaramillo welcomed the participants to a short ceremony at the […]

Crime / FrontPage

BEL to buy bagasse energy

The Belize Electricity Limited and Belize Co-generation Energy Limited (BELCOGEN) have signed a power purchase agreement on Wednesday that should keep electricity rates from going up in the long run, despite possible increase in diesel prices.

General

Belize & Guatemala sign trade agreement

Resolving the territorial dispute between Belize and Guatemala may be on hold, but the private sectors of both countries have moved to fast track the strengthening of economic ties between them both. Belize

General

Senate committee chooses auditors

The Senate Special Select Committee appointed by the Senate to inquire into the management and investment portfolio of the Belize Social Security Board reviewed the list of people/firms requesting interviews as potential auditors at their meeting on Wednesday, November 17. The auditors would be engaged by the Committee to carry […]

Crime / FrontPage / General / Social

Belizeans celebrate Garifuna Settlement Day

Keep the Garifuna language and culture alive at home in our communities and world wide was the theme of this year Hardly a ripple stirred the surface of the Belize river, as if even the Almighty had ordained smooth sailing for the three boatloads of

Editorial / General / Social

River Front Duty Free complex opens on tourism strip

A multi million dollar shopping centre which promises to rival the Fort Street Tourism Village is in the making. A multi million dollar shopping centre which promises to rival the Fort Street Tourism Village is in the making. The $15 million dollar River front Duty Free complex dubbed, a Belizean-owned […]

Crime / General / Sports

U.D.P.

The United Democratic Party understands Jeffrey Prosser is in default with respect to the U.S.$57 million purchase price he was to have paid to the Government of Belize for the Carlisle shares in B.T.L. As a result of Prosser’s non-payment to government, government has in turn been unable to pay […]