News
Social Billionaires
By Dickson C. Igwe
Austerity and Trickledown have failed the world: the wealthy who rule, must do their part to create a better planet.
Gov’t spent $57.4M in unbudgeted COVID-19 expenses so far - Premier Fahie
DUFF'S BOTTOM, Tortola, VI – The COVID-19 pandemic in the Virgin Islands (VI) has so far cost the territory a whopping $57.4 million in direct expenses that were not initially budgeted for in 2020, Premier and Minister of Finance, Hon Andrew A. Fahie (R1) has revealed.
Churches & Ponzi Schemes are 'not the same'- Elise Donovan
ROAD TOWN, Tortola, VI - While greed could be a motivation for joining a Ponzi or Pyramid scheme, CEO of BVI Finance, Ms Elise Donovan said she believes Virgin Islanders are more motivated to get involved in financial schemes to get blessings.
Duo caught with nearly $1M hauled before court
ROAD TOWN, Tortola, VI- Today, Friday, June 19, 2020, the duo caught with close to $1M in cash between Jost van Dyke and Smugglers Cove, Tortola, earlier this week was hauled before the court to answer to several charges.
'Stimulate businesses instead'- Hon Turnbull says no cash handouts to citizens
ROAD TOWN, Tortola, VI - Calling the opportunity a 'low hanging fruit' to boost the economy, Opposition Member, Hon Melvin M. Turnbull (R2) aka 'Mitch' says he is against a COVID-19 stimulus package plan where cash is put directly into the hands of citizens rather than businesses.
‘Nail it now!'- Hon Fraser says Gov't should look into landlord woes
ROAD TOWN, Tortola, VI – Senior Opposition Member, Hon Julian Fraser RA (R3) has called on the Andrew A. Fahie (R1) government to seriously address landlord and tenant relations over rent due, as the Territory continues to experience the COVID-19 pandemic.
Opposition lays down 'COVID-19 Strategic Economic Recovery Plan'
ROAD TOWN, Tortola, VI - Leader of Her Majesty's Loyal Opposition Hon Marlon A. Penn (R8), on behalf of Opposition Members Hon Julian Fraser RA (R3), Hon Mark H. Vanterpool (R4) and Hon Melvin M. Turnbull (R2), has released to the media a detailed economic recovery plan for the Territory, which it also plans to disseminate to the general public in the coming days.
Opposition slams 7% fee on money transfers
DUFFS BOTTOM, Tortola, VI – Having its First, Second and Third Readings at the Friday, April 17, 2020, Seventh Sitting of the Second session of the Fourth House of Assembly (HoA), the 'Financing and Money Services (Amendment) Act, 2020' has now been passed amidst brutal Opposition criticism.
VI accounts reportedly affected in FirstBank 'security breach'
ROAD TOWN, Tortola, VI – With reports that the FirstBank branch in neighbouring United States Virgin Islands (USVI) has been cancelling debit cards of account holders, following an external security breach, Virgin Islands News Online (VINO) understands that some accounts in the Virgin Islands (BVI) have also been affected.
Poor Governance and Jack the Investor
By Dickson C. Igwe
Investors place their nest egg where there is stability, safety, security, transparency, and predictability. Good governance is critical to Jack the Investor.

