Nevis News

Nevis news – local Nevis news, and regional Caribbean news.

St. Kitts – Nevis Keeps Inflation Rate Low

Basseterre, St. Kitts – Nevis
March 03, 2008 (CUOPM)

The Federation of St. Kitts and Nevis registered the second lowest rate of inflation for the last nine months of last year, the Eastern Caribbean Central Bank (ECCB) is reporting.

According the Basseterre-based financial institution, the rate of inflation in the member countries of the Eastern Caribbean Currency Union (ECCU), ranged from 1.1 percent in Anguilla to 6.2 percent in St. Vincent and the Grenadines during the first nine months of 2007.

The rate of inflation in the ECCB member countries for the first nine months of 2007 is 1.1 percent in Anguilla; 2.5 percent in Antigua and Barbuda; 3.2 percent in Dominica; 5 percent in Grenada; 2.2 percent in Montserrat; 1.6 percent in St. Kitts and Nevis; 4.3 percent in St. Lucia and 6.2 percent in St. Vincent and the Grenadines.

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St. Kitts – Nevis To Issue Updated Drivers License

Basseterre, St. Kitts – Nevis
February 29, 2008

Prime Minister Hon. Dr. Denzil Douglas and Deputy Prime Minister Hon. Sam Condor are the first to receive the new drivers license from the Inland Revenue Department.

The senior government officials were presented the licenses at a brief ceremony at the Inland Revenue Department on Friday. Systems Analyst Alston Johnson explained that this new card will significantly expedite the issuing of drivers license and boasts a number of security features.

“One of the major selling points is that you get your license basically in five minutes,” he said, noting that this is the estimated time that will be spent filling out the relevant paperwork, having a digital photo taken and having the card processed.

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Nevis To Offer Full Health Care To Island Residents

Charlestown, Nevis
February 29, 2008

Minister of Health the Hon. Hensley Daniel said the Nevis Reformation Party led-Nevis Island Administration (NIA) had  been working assiduously to ensure that the people of Nevis received full medical and health services coverage.
 
Minister Daniel made the statement while he gave an update on the status of medical care on the island during a sitting of the Nevis Island Assembly on Thursday February 28, 2008.
 
“There are presently eight doctors employed at the Alexandra Hospital and three at the District level plus the Medical Officer of Health.  We now employ 12 Medical Doctors and two Dentists and now we have complete 24 hour medical coverage at the Alexandra hospital,” he said.

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USVI & Saba Interested In Nevis’ Geothermal Scheme

Charlestown, Nevis
February 29, 2008

Two high powered delegations from the neighbouring United States Virgin Islands (USVI) and the Dutch Territory of Saba left Nevis today February 29, 2008, following a two day visit for a first hand look at the ongoing geothermal explorations on the island.
 
Both delegations were welcomed to the island by Premier of Nevis Hon. Joseph Parry at his Bath Plain Office on Tuesday and were hosted by the Nevis Island Administration (NIA) at a dinner in their honour at the Four Seasons Resorts on Wednesday.
 
Following a drill site visit to the West Indies Power Nevis Ltd Spring Hill site on February 28, 2008, Lieutenant Governor of the United States Virgin Islands Mr. Greg Francis accompanied by his Senior Policy Advisor Mr. Nathan Simmonds and Director of the Virgin Islands Energy Office Mr. Bevan Smith Junior told the Department of Information that he was impressed with the operations and that geothermal energy was something they planned to look into.

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Nevis Passes New Legislation For Investment Promotion

Charlestown, Nevis
February 29, 2008

Junior Minister responsible for Trade and Industry, Hon. Dwight Cozier, supported the Amended Investment Improvement Agency Bill which was passed, in the Nevis Island Assembly, on Thursday 28th February 2008.
 
The Nevis Investment Promotion Agency (NIPA) Ordinance 2008 would encourage increased investment provided by a solid legal framework designed for investor’s protection and for their understanding of the relevant laws of Nevis.
 
Mr. Cozier gave credit to the Nevis Reformation Party (NRP) for its committed support for Private Sector Investment and described the previous legislation as one which did not address the needs of Nevis.
 
“The old Act of 1987 did not address Nevis.  It assumed that both islands would choose to undertake Invest Promotion’s jointly.  However, the new Initiative provided effective policy and a regulatory framework for separate Investment Code and Legislation for both Islands; he said the Bill provided an avenue for business to be conducted more easily.”

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