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Jack the wealthy investor: Part 3
By Dickson C. Igwe
Jack the billionaire Investor never really loses. When the global economy comes crashing down as a result of unsustainable mortgage and housing debt Jack buys bonds from Uncle Sam: the safest form of investment. Jack smiles from ear to ear.
New privately owned asphalt plant arrives in VI
ROAD TOWN, Tortola, VI- The Government of the day has not had a working asphalt plant for paving of roads for well over three years. The one they purchased under the current Government, with Chinese specifications, broke down and still has not been repaired.
‘I want my $7M back’- Shaina M. Smith
ROAD TOWN, Tortola, VI- With the National Democratic Party Government allotting a third of the total hurricane recovery funds, approximately 250 million, to the airport expansion project, many are again wondering what happened to the $7.2M of tax payers’ money already invested in BVI Airways for direct flights from Miami in the United States of America (US) to the Virgin Islands (VI).
New 24-hour gas station & convenience store by April for Sea Cows Bay
SEA COWS BAY, Tortola, VI- It started before Hurricanes Irma and Maria destroyed the Virgin Islands (VI) in September of 2017 and while there was a pause in works immediately after the killer storms, construction is full speed ahead once again.
National Bank of the Virgin Islands here or coming?
ROAD TOWN Tortola VI - Tagged as broke and quickly sinking by some residents, the National Bank of the Virgin Islands says it is now steps closer to being in a position to provide the community desired products and services.
SSB now 33% shareholder in NBVI; Makes $15M investment
ROAD TOWN, Tortola, VI- The Social Security Board (SSB) of the Virgin Islands has made an investment of $15M of taxpayers money into the National Bank of the Virgin Islands (NBVI), making it a 33% shareholder in the local bank.
The Post Disaster Economic defibrillator
Dickson Igwe
The following story is part of a series of narratives: “A STORY OF DISASTER: HURRICANE IRMA AND THE VIRGIN ISLANDS.” The proceeding narrative is on the economics of disaster. It is narrated from a layman’s perspective.
NDP Gov’t doesn’t know amount ICA will invest in Prospect Reef facility
ROAD TOWN, Tortola, VI –Premier and Minister of Finance Dr The Honourable D. Orlando Smith (AL), during a press conference held on Wednesday March 8, 2017 failed to reveal to the media how much ICA Group BVI intends to invest in the re-development of the Government owned Prospect Reef facility.
Gaming laws hindering $20M investment in horse racing- Hon Walwyn
SEA COWS BAY, Tortola, VI- Minister for Education and Culture Hon Myron V. Walwyn says a mind-set change and a discussion amongst the VI Horse Owners Association (VIHOA), along with the present laws of the territory on prohibiting gaming, are the three things standing in the way of taking the sport to the next level.
Peak Re investment strengthens NAGICO as leading Caribbean insurer
ROAD TOWN, Tortola, VI- NAGICO Holdings Limited (NAGICO), has strengthened its position as the leading insurance provider in the Caribbean with the finalisation of a 50% strategic investment from Peak Reinsurance Company Limited (Peak Re), the Hong Kong based global reinsurer.
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