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Throne Speech. The Reply. Point. Counterpoint. Now we all understand the politics of debate in the House of Assembly. Only too well. Meanwhile, outside the legislature partisans pile on with pointed comments. There’s a wonderful Arabic proverb that s...

We hear the public are crying out, “Where is the beef?” They have heard the Throne Speech, seen the Auditor-General's report; all they need now is to reconcile the two. Before going any farther, while it's obvious the country needs more money circula...

“One of the main hallmarks of bureaucracy is avoidance of personal responsibility” — Thomas Sowell Dear Sir, Our auditor-general, Heather Thomas, recently tabled her 2019 annual report in the House of Assembly. The bottom line? Take a guess....

It seems that the cycle of qualified reports of government departments never ends. Auditor-general after auditor-general continues to tell the same story. Lack of reporting of funds spent by the Government and where the money went. How can we trust t...

The Government’s predicted Budget deficit of $19.8 million has ballooned to $295 million, the finance minister revealed today. Curtis Dickinson said the Covid-19 pandemic is expected to cost Government hundreds of millions of dollars and present Be...

A series of workshops to help women look after their finances will start on Monday. The events are titled Straight Talk – Your Money and You and will run from 6pm until 7pm on November 16, 23 and 30. Angela Joell, an education and investment manager ...

A charity set up to support at risk families and children said yesterday promised changes to the Financial Assistance system were long overdue. Gina Spence, founder of Gina Spence Productions, said: “Something is terribly wrong with a system when p...

The Government’s failures in financial accountability should be of concern to all Bermudians, the Auditor-General said today. Heather Thomas, in her 2019 annual report tabled in the House of Assembly, said she had issued qualified opinions or disclai...

Almost $57 million was paid by the Government in assistance to more than 10,000 unemployed residents as the Covid-19 pandemic hit the island’s workforce this year. Jason Hayward, the labour minister, revealed a sharp drop in numbers for further bene...

Digitisation of money is gaining momentum across the world and Bermuda is at the cutting edge. That was one of the takes from session at the Bermuda Tech Summit, which focused largely on stablecoins, digital currencies backed by traditional currencie...

The Bermuda Chamber of Commerce is to show a webinar on “Facing Insolvency: Considerations for Owners and Directors”. Open to members and non members, the session will take place via Zoom on Wednesday, October 14 from 12pm to 1:30pm. Featured will b...

LOM Financial Ltd bought back 173,065 of its own shares for cancellation during the month of August at an average price of $2.78. The total $481,000 worth of share repurchases during the month were pursuant to Regulation 6.38 of the BSX Listing Regul...