The Ministry of Education has issued a press release emphasizing the importance of timely teacher payments. They acknowledged that the current salary processing system is outdated and prone to delays, often due to incomplete or late submissions. The ministry provided several clarifications in their statement.
A month ago, several schools reported a shortage of teachers as the new school year began. Among them was Our Lady of Lourdes Primary School in Maskall Village, which faced a loss of three teachers across its pre-school, middle, and upper divisions. Fast forward a
Former Belmopan City Administrator Sherlene Julien has stepped forward to clear her name amidst controversy. Julien’s name appeared on a leaked list of Innovabel Estate land recipients from within the council, suggesting she acquired six parcels of land through two companies, Ajalon and Associates Limited
A family is homeless tonight after a devastating lightning strike destroyed their house. Remarkably, lightning struck the property twice on Wednesday afternoon, tragically claiming the life of their pet in the first strike and igniting a fire in the second. This freak incident has left
The Financial Services Commission (FSC) serves as the regulatory and supervisory authority for Belize’s non-banking financial services. In 2021, the Government of Belize enacted the Securities Industries Act, which expanded the responsibilities of the former International Financial Services Commission, transforming it into the FSC. Now,
One example that Claude Haylock, the Director General at the Financial Services Commission, highlighted is an Initial Public Offering or IPO that the San Pedro Town Council recently floated. This IPO is valued at twenty-eight million dollars. The FSC is not responsible for promoting such
So, how does one go about launching an IPO or any other investment opportunity? According to Marlos Kus, the Director of Licensing and Authorizations at the FSC, the first step is to submit the necessary documentation to the commission. He elaborated on the detailed process
Many of the terms used to describe investment opportunities available to Belizeans are often too complex for potential investors to understand. This complexity is a key reason why many Belizeans are not taking advantage of these opportunities. To address this, the Financial Services Commission is
In May, former Mexican President Andres Manuel Lopez Obrador discussed with Prime Minister John Briceño the possibility of increasing Mexico’s power supply to Belize by five megawatts. Although that discussion did not come to fruition, this week, PM Briceño held a similar meeting with the
Forty-five thousand dockworkers at US ports on the East and Gulf coasts have returned to work, ending a three-day strike and alleviating concerns about import shortages on store shelves. The suspension of the strike also halts any further inflation on goods upon their arrival. The
