Nevis News

Jamaica Gleaner
March 10, 2007

The total prize money for the 2007 ICC CWC World Cup is US $5 million.

The winners of the 16-team tournament, which runs from March 11 to April 28, will pocket US $2,240,000 while the beaten finalists are set to collect US $1m.

In 2003 the total prize money was the same, but for this year’s tournament the percentage to the top two teams has been increased. At the 2003 Cricket World Cup in South Africa the champions (Australia) collected US $2m, while the runners-up (India) picked up US $800,000.

Semi-final losers are also in for an increase as they will get US $450,000, up from US $400,000 in 2003.

Unlike last time where the fifth and sixth-placed teams received US $150,000 and US $80,000 respectively, this time around fifth, sixth, seventh, and eighth-placed teams will collect US $200,000, US $150,000, US $100,000 and US $50,000 respectively.

Group match winners will still get US $10,000 while losers will take home US $5,000).

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Charlestown Nevis (March 11, 2007)
Premier of Nevis, Hon. Joseph Parry said that the Nevis Island Administration [NIA] has demonstrated its maturity as a government, which was evident through its recent negotiating achievement with two major institutions.

“Our representation is for all the people of Nevis and we are proud of this and every Nevisian must know what we have achieved in two short weeks with two institutions.  What we have achieved in eight months to demonstrate that we are mature government, that we represent the people and we can negotiate at all levels in the interest of the people of Nevis and that we are successful in doing it as well”, Premier Parry said.

During a recent interview with the Department of Information, the Premier made reference to the successful re-negotiations with the Newfound group developers and the re-establishment of the Public Utilities Commission that effected a suspension of the increased rates for Caribbean Cable Television subscribers on the island.

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