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David Moyes: Manchester United appoint Everton boss

BBC David Moyes will succeed Sir Alex Ferguson as Manchester United manager on a six-year deal starting on 1 July. Moyes, who leaves Everton after 11 years in charge at Goodison Park, was Ferguson’s recommendation to succeed him as manager…

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CNB ROBBERS ALL FOUND GUILTY

David Tamassa, Rennie Cole, Andre Burton, George Mignot and Ryan Edwards HAVE ALL BEEN FOUND GUILTY of armed robbery of the daylight bank heist at Cayman National Bank in Buckingham Square last June. All five men were found guilty based…

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Board brought down BMC – witness

Isaiah Morewagae, Staff Writer, Mmegionline Former general manager in charge of finance at the Botswana Meat Commission (BMC), Mpho Gabonewe, has said the board is responsible for the crisis engulfing the parastatal. He told the Select Parliamentary Committee investigating BMC…

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Greenlight Increases Apple Investment

IVC POST | Marc Castro Greenlight Capital, David Einhorn’s investment firm, has increased its investment position in Apple Inc. He is quoted to having said that he is waiting for the company’s ‘next blockbuster product’. In a conference call for…

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Investor demand spurs catastrophe bond sales: analysis

Bill Kenealy Business Insurance Strong investor demand will spur creation of catastrophe bonds and special-purpose vehicles throughout this year, SNL Financial L.C. said in a report. Charlottesville, Va.-based SNL said nine new entities registered in Bermuda and the Cayman Islands…

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Kryso Resources plans switch to Hong Kong

By Philip Whiterow, proactiveinvestors UK Gold miner Kryso Resources (LON:KYS) is to set up a new holding company based in the Cayman Islands ahead of a possible switch of listing to Hong Kong from AIM. Existing Kryso shares will be…

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Critical equipment to bolster maritime security

From Bahama Islands info USNORTHCOM presents The Bahamas Government with over $900,000 in critical equipment to bolster maritime security General Charles Jacoby Jr., Commander, NORAD –USNORTHCOM, U.S. Chargé d’Affaires a.i. John Lowell Armstrong, Minister of National Security, The Hon. Bernard…

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Offshore Tax Havens for beginners: Pick an inoffensive name

Simon Montlake, Forbes The patrons of offshore tax havens may not think too hard about naming their discreet entities. Most are content to let the lawyers or bankers pick a name. That’s how you end up with plain-vanilla names like…

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Sachs’ letter to FT and Cayman Finance reply

Letter to Financial Times from Jeffrey D. Sachs, Director, The Earth Institute, Columbia University, New York, NY, US, says Cayman is “playing with fire” May 7 2013 Sir, I wonder whether the Cayman Islands leadership knows that it is playing…

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Ipswich Town scouting in Cayman Islands for new players

Chris Brammer, EADT24 Ipswich Town are spreading their net as far as the Cayman Islands in their quest to unearth the latest footballing gem. Blues’ head of recruitment Steve McGavin (pictured) and youth development coach, Steve Foley, are heading out…