August Businesses revolt against tax

Nearly every major business organisation in the Cayman Islands, including those run by the heads of several prominent local families, wrote or spoke to then-Premier McKeeva Bush about their views regarding the 10 per cent payroll tax for expatriates.

Their message was certain: It must go.

“Clearly, the proposed community enhancement fee has created polarity and division within our community, and this has caused us great concern,” read a statement signed by Woody Foster, Brigitte Kirkconnell-Shaughness, Roy McTaggart, Dan Scott, A.L. Thompson, Gene Thompson and Wilbur Thompson.

Frasers make Cayman proud

Shaune and Brett Fraser deserved heroes welcomes when they returned to the Cayman Islands after superb swims at the London Olympics, which confirmed them as world-class performers.

Brett, in his second Olympics, came sixth in the 50 metres freestyle, finishing in 22.91 seconds on Thursday. It ranked him 32nd in the world. He is also world ranked 12th in the 200m freestyle and 15th in the 100m freestyle.

Shaune finished his third Olympics ranked 16th in the 100m free and 20th in the 200m free.

Premier to remain minister

Then-Premier McKeeva Bush lashed out at local news reports and opinion pieces last week, stating in no uncertain terms that he would remain finance minister of the British Overseas Territory despite claims to the contrary.

The issue arose following the announcement last Friday that the United Kingdom had assented to Cayman’s $567 million dollar budget, assuming certain conditions were met by the territory.

Shetty breaks ground

Dr. Devi Shetty, his partners and local politicians broke ground at the new medical tourism centre on Monday to mark the start of construction at the East End site.

Before an audience of hundreds of invited guests, Dr. Shetty gave an overview of what he expected his proposed lower-cost, high quality hospital in Grand Cayman to deliver, saying his aim was for the facility not to be known as the cheapest hospital, but as the “safest hospital in this part of the world”.

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