St. Kitts – Nevis….Big Rush For Cash

By L.K Hewlette
St. Kitts – Nevis Observer Reporter
 
Red flags are being raised regarding the government’s latest privatization deal and land initiative which when combined, could gross close to 300 million dollars.

During a ceremony held at the Marriott Resort last Friday, Prime Minister Dr. Hon. Denzil Douglas signed the necessary documents to sell government’s equity interest in Cable and Wireless (St.Kitts – Nevis Ltd.) netting over EC$36 million.
Cable and Wireless (West Indies) purchased the shares from the government at $6.41 each and is required to make them available to the public at $5 per share, plus the usual transaction costs. However, only 30% of the 17% shares sold by the government will be made available to the public.

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Nevis Visited By Indian High Commissioner

Charlestown, Nevis
September 28, 2007

Premier of Nevis Hon Joseph Parry and Mrs. Parry joined His Excellency Mr. Avinash C. Gupta, High Commissioner of India for lunch at the Mount Nevis Hotel on Thursday September 27, 2007. The Indian official accompanied by his wife, visited Nevis to bid farewell to the government and people of Nevis, one month before the end of his three-year tour of duty in the Caribbean.
 
Premier Parry presented Mr. Gupta with a gift on behalf of the people of Nevis, in appreciation of his services on behalf of the government and people of India. He said the Indian government had close ties with Nevis because of their colonial links even as India had grown into a powerful nation of the world particularly in the field of technology and industry.
 
The Premier further stated that Nevis had associations with many Indians a number of whom have indicated their interest in conducting business on Nevis.

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4th & 7th Nights Free In St. Kitts!

American Airlines September 27, 2007 4 Nights Including Air (American Airlines)From New York $439 American Airlines begins new nonstop air service from JFK – St. Kitts starting November 18, 2007. It’s easy to fall in love with the Caribbean island …

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President Bush Values Ties With St. Kitts and Nevis

Basseterre, St. Kitts – Nevis
September 26, 2007 (CUOPM)

Australia says the people-to-people ties with St. Kitts and Nevis were strengthened during the recent 2007 Cricket World Cup in Basseterre earlier this year.

Australian Prime Minister, the Hon. John Howard in wishing warmest wishes to St. Kitts and Nevis‘ Prime Minister, Hon. Dr. Denzil L.Douglas on this nation’s 24th Anniversary of Independence said both countries enjoy warm and friendly relations that are underpinned by “our shared sporting endeavors, especially cricket, membership of the Commonwealth,international for a such as the World Trade Organization and the United Nations.”

“Our people-to-people ties were strengthened further during the 2007 Cricket World Cup when the Federation of St. Kitts and Nevis hosted the first of Australia matches at the Warner Park Stadium. I appreciate greatly the warmth which the Australian Team was received,” said Prime Minister Howard.

The United States,the Republic of China on Taiwan,Guyana, India and Cuba were among several regional and international States sending messages of congratulations on St. Kitts and Nevis’ 24th Anniversary of Independence.

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Nevis Island Water Exploration On Schedule

Charlestown, Nevis
September 26, 2007

Drilling for water on Nevis will commence early next month, as scheduled, when the drill rig arrives on the island later this week.  That’s according to Junior Minister with responsibility for Public Utilities and the Environment, the Hon. Carlisle Powell. He made the disclosure recently while he gave the Department of Information a detailed update on the water exploration project which commenced in March.

Minister Powell said during a meeting with head of the advance team, Geologist Dr. Ronald Skiphoag of Bedrock Exploration And Development technologies (BEAD), he was informed that all the technical work had been completed and the project was now ready to move to the next phase.

“When they [the drill rigs] arrive in Nevis towards the end of September it is anticipated that they will start drilling in very early October. They have identified the sites and they will start drilling in the Hamilton area. It is proposed that they will move to a site in Cane Garden then the third proposal is a site in Beaumont.

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