fbpx
April 5, 2023

‘Tax man’ moves online: Tax Service Department now requires online payment only

Section 22 (2) (c) of the Tax Administration and Procedure Act (TAPA), Chapter 51 of the Laws of Belize, authorizes the Director General of the BTSD [...]
March 27, 2023

Social Security Board addresses proposed loan to Hol Chan Marine Reserve for sargassum barriers

As described by Social Security CEO Deborah Ruiz, the purpose of the project is to build barriers to floating sargassum which coats the shoreline and ruins [...]
March 27, 2023

Former Director of Financial Intelligence Unit Kent Clare sues Government for unfair dismissal

Clare, who has been in the position since October 2016, was working out of contract after it was not renewed and left office on February 24.
March 26, 2023

Former managers of St Francis Xavier Credit Union (SFXCU) lead protest in Corozal

Registrar and Governor of the Central Bank Kareem Michael, despite noting the general good standing of the institution’s finances, maintained that his appointment of Administrator Martin [...]
March 24, 2023

Prime Minister promises consultation with non-governmental organizations after “forced” non-profit organization legislation

After being read a first time in the House on March 10, the Bill has already been sent to the House’s Public Service, Labour, Industry and [...]
March 13, 2023

Budget Speech: Minister of Finance hails stabilization of banking sector

Money supply expanded by 4.7 percent, with the Central Bank of Belize’s Gross Official Reserves at 960 million dollars at the close of 2022, and import [...]
March 12, 2023

St Francis Xavier Credit Union directors say Central Bank not playing fair but reassures members

In a press release issued on Saturday, the Credit Union accused Governor Kareem Michael, acting as Registrar of Credit Unions, of deciding “to violate the rights [...]
March 11, 2023

St Francis Xavier Credit Union gets Central Bank-appointed administrator

By Aaron Humes: Citing "critical deficiencies in governance and risk management practices, as well as material weaknesses in internal controls that could destabilize the credit union," [...]