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2015 Annual Report FORFINANCIAL the YEAR ENDED DECEMBER HIGHLIGHTS 31
2015 Annual Report FORFINANCIAL THE YEAR ENDED DECEMBER HIGHLIGHTS 31, (IN U.S. DOLLARS) 2015 2014 2013 Total revenues $ 57,116,202 $ 65,559,078 $ 63,822,131 Net income $ 7,518,701 $ 6,265,358 $ 8,594,519 Income from operations $ 8,468,064 $ 6,461,059 $ 7,661,576 1HWFDVKƮRZVIURPRSHUDWLRQV $ 17,319,786 $ 18,184,861 $ 9,379,944 Total assets $ 161,616,698 $ 160,459,831 $ 165,364,854 Total stockholders’ equity $ 148,195,105 $ 144,082,664 $ 141,498,373 Dividends declared per share $ 0.30 $ 0.30 $ 0.30 Basic earnings per share $ 0.51 $ 0.43 $ 0.59 Diluted earnings per share $ 0.51 $ 0.42 $ 0.58 Net income as a % of total revenues 13.16 % 9.56 % 13.47 % Income from operations as a % of total revenues 14.83 % 9.86 % 12.00 % 1HWFDVKƮRZVIURPRSHUDWLQJDFWLYLWLHVDVD 30.32 % 27.74 % 14.70 % of total revenues TRADING IN SHARES 2015 2014 Shares outstanding at year end 14,781,201 14,715,899 Low closing share price during year $ 9.78 $ 9.33 High closing share price during year $ 13.50 $ 14.47 Closing share price at year end $ 12.24 $ 10.68 CONSOLIDATED WATER (THE “COMPANY”) WAS INCORPORATED AS CAYMAN WATER IN 1973. OVER THE YEARS, WE HAVE BENEFITED FROM THE EXPLOSIVE GROWTH IN TOURISM-RELATED DEVELOPMENT IN THE CAYMAN ISLANDS; GROWTH THAT HAS BEEN FACILITATED BY THE WATER WE HAVE PROVIDED. CONSOLIDATED WATER OPERATES IN THE CAYMAN ISLANDS AS CAYMAN WATER COMPANY LIMITED AND OCEAN CONVERSION (CAYMAN) LIMITED, WHICH TOGETHER OPERATE SEVEN PLANTS TO PRODUCE SUBSTANTIALLY ALL OF THE PIPED DRINKING WATER ON GRAND CAYMAN. -
Automatic Exchange of Information: Status of Commitments
As of 27 September 2021 AUTOMATIC EXCHANGE OF INFORMATION (AEOI): STATUS OF COMMITMENTS1 JURISDICTIONS UNDERTAKING FIRST EXCHANGES IN 2017 (49) Anguilla, Argentina, Belgium, Bermuda, British Virgin Islands, Bulgaria, Cayman Islands, Colombia, Croatia, Cyprus2, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, India, Ireland, Isle of Man, Italy, Jersey, Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Montserrat, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Seychelles, Slovak Republic, Slovenia, South Africa, Spain, Sweden, Turks and Caicos Islands, United Kingdom JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2018 (51) Andorra, Antigua and Barbuda, Aruba, Australia, Austria, Azerbaijan3, The Bahamas, Bahrain, Barbados, Belize, Brazil, Brunei Darussalam, Canada, Chile, China, Cook Islands, Costa Rica, Curacao, Dominica4, Greenland, Grenada, Hong Kong (China), Indonesia, Israel, Japan, Lebanon, Macau (China), Malaysia, Marshall Islands, Mauritius, Monaco, Nauru, New Zealand, Niue4, Pakistan3, Panama, Qatar, Russia, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Saudi Arabia, Singapore, Sint Maarten4, Switzerland, Trinidad and Tobago4, Turkey, United Arab Emirates, Uruguay, Vanuatu JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2019 (2) Ghana3, Kuwait5 JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2020 (3) Nigeria3, Oman5, Peru3 JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2021 (3) Albania3, 7, Ecuador3, Kazakhstan6 -
India- Cayman Islands Relations
India- Cayman Islands Relations The Cayman Islands, a group of three islands (Grand Cayman, Cayman Brac and Little Cayman) in the north-west Caribbean Sea, about 150 miles south of Cuba, 460 miles south of Miami, Florida, and 167 miles northwest of Jamaica (land area 264 sq. km., population 54,000, GDP US$2.8 bn.) is an English speaking UK Overseas Territory. Cayman Island is one of the world's largest financial centres and a well- known tax haven. UK Government seems amenable to allow autonomy to the Cayman Islands on certain aspects of its external affairs – on relations with CARICOM, Caribbean regional organizations, and other UK/Netherlands/French Overseas Territories/Dependencies in the Caribbean region, subject to prior intimation/approval of the Governor/UK Government. The conduct of foreign relations is controlled by the British Foreign Office. It is an associate member of CARICOM and UNESCO, and a member of Caribbean Development Bank, Universal Postal Union, and Interpol. It is not a member of the United Nations or any other international organization. Though the Cayman Islands has neither participated in various International fora nor articulated its position on climate change, it has serious stakes in the on-going international discussions, inter-alia, on account of rising sea levels, warming of the oceans, coastal erosion, degradation of the marine environment, declining of fish stocks, and increased frequency and intensity of storms and hurricanes, which threaten not only the sustainable development and fragile infrastructure but also the very existence of small island developing countries. Political As a UK Overseas Territory the Cayman Islands has not articulated its position on reforms of the UNSC or our candidature for the non-permanent seat. -
Pravind Jugnauth Poursuit Sa Mission … • a St Pierre : « PTR, MMM
AVENGERS : le mythe vole en éclats Des faussetés et des insultes brandies comme des révélations Sévère remontrance et rappel à l’ordre de la magistrate Vidya Mungroo-Jugurnauth aux hommes de loi Même l’Express, tout • Shakeel Mohamed taclé pour son ‘fer disan koulé’ acquis à leur cause, • Propos « infondés et erronés » : le ministère de la Santé menace d’entamer des actions parle d’un demi-échec et légales contre les propos « imprudents » fustige l’irresponsabilité • Pravin Kanakiah n’a jamais été concerné par de Roshi Badhain les procédures d’achat du ministère ni durant le Covid-19, ni à aucun moment de sa carrière Compensation aux descendants d’esclaves Sylvio Michel et la Green Reparation Foundation prévoit des actions en 6 février 2021 No. 194 Gratuit justice contre la MCB Imperturbable devant la démagogie de ses détracteurs Pravind Jugnauth poursuit sa mission … • A St Pierre : « PTR, MMM. PMSD Bhadain, Laurette ek bann salté ine vinn ansam pou zet Pravind Jugnauth » • Le PM : « Scavengers ena dinite, pa sa bann-la… » • Le leader du MSM rencontre ses troupes ce samedi au Sun Trust… Célébrations du 1er Février A Roche Bois, Premiership… le Cardinal Piat Liverpool remercie le v/s Premier ministre Manchester pour le musée City…title de l’Esclavage • Mo pou bizin zot coup de main pou amène la stabilité et la paix decider? 22 06 6février février 2021 2021 - -Edition Edition No.No. 194 194 FocusPolitique Au no 8 (Moka/Quartier-Militaire), jeudi «Jamais dans ma carrière politique, je n’ai vu l’opposition tomber aussi bas» ors de la réunion du comité ses points de vie sur les Kistnen Papers. -
Regional Overview: Impact of Hurricanes Irma and Maria
REGIONAL OVERVIEW: IMPACT OF MISSION TO HURRICANES IRMA AND MARIA CONFERENCE SUPPORTING DOCUMENT 1 The report was prepared with support of ACAPS, OCHA and UNDP 2 CONTENTS SITUATION OVERVIEW ......................................................................................................................... 4 KEY FINDINGS ............................................................................................................................................ 5 Overall scope and scale of the impact ....................................................................................... 5 Worst affected sectors ...................................................................................................................... 5 Worst affected islands ....................................................................................................................... 6 Key priorities ......................................................................................................................................... 6 Challenges for Recovery ................................................................................................................. 7 Information Gaps ................................................................................................................................. 7 RECOMMENDATIONS FOR RECOVERY ................................................................................ 10 Infrastructure ...................................................................................................................................... -
Debate No 37 of 2018 (UNREVISED)
1 No. 37 of 2018 SIXTH NATIONAL ASSEMBLY PARLIAMENTARY DEBATES (HANSARD) (UNREVISED) FIRST SESSION MONDAY 10 DECEMBER 2018 2 CONTENTS PAPERS LAID MOTION BILL (Public) ADJOURNMENT 3 THE CABINET (Formed by Hon. Pravind Kumar Jugnauth) Hon. Pravind Kumar Jugnauth Prime Minister, Minister of Home Affairs, External Communications and National Development Unit, Minister of Finance and Economic Development Hon. Ivan Leslie Collendavelloo, GCSK, Deputy Prime Minister, Minister of Energy and Public SC Utilities Hon. Sir Anerood Jugnauth, GCSK, Minister Mentor, Minister of Defence, Minister for KCMG, QC Rodrigues Hon. Mrs Fazila Jeewa-Daureeawoo Vice-Prime Minister, Minister of Local Government and Outer Islands, Minister of Gender Equality, Child Development and Family Welfare Hon. Seetanah Lutchmeenaraidoo, GCSK Minister of Foreign Affairs, Regional Integration and International Trade Hon. Yogida Sawmynaden Minister of Technology, Communication and Innovation Hon. Nandcoomar Bodha, GCSK Minister of Public Infrastructure and Land Transport Hon. Mrs Leela Devi Dookun-Luchoomun Minister of Education and Human Resources, Tertiary Education and Scientific Research Hon. Anil Kumarsingh Gayan, SC Minister of Tourism Dr. the Hon. Mohammad Anwar Husnoo Minister of Health and Quality of Life Hon. Prithvirajsing Roopun Minister of Arts and Culture Hon. Marie Joseph Noël Etienne Ghislain Minister of Social Security, National Solidarity, and Sinatambou Environment and Sustainable Development Hon. Mahen Kumar Seeruttun Minister of Agro-Industry and Food Security Hon. Ashit Kumar Gungah Minister of Industry, Commerce and Consumer Protection Hon. Maneesh Gobin Attorney General, Minister of Justice, Human Rights and Institutional Reforms Hon. Jean Christophe Stephan Toussaint Minister of Youth and Sports Hon. Soomilduth Bholah Minister of Business, Enterprise and Cooperatives 4 Hon. -
A Meeting with Shelina Permalloo, Winner of 2012 UK's Masterchef Television Competition by Yvonne Goder-Persand
VOL 2012 No 9 Editor: Peter Chellen (Former Editor of Mauritius News 1983 - 2015) A totally independent platform Views expressed by contributors are their own Louis-Ferdinand Céline: Les gens se vengent des services qu'on leur rend. Peter Chellen: Les gens (parfois) se vengent des bienfaits qu’on leur fait. Malheur aux bienfaiteurs! Let’s Fight Corona Together We must stay vigilant to keep it out of our body! Vaccination REDUCES Risk of Infection. You are free to expose yourself and your family to risk. But not free to expose your neighbours! A taste of Mauritius in Southampston, UK A meeting with Shelina Permalloo, winner of 2012 UK's MasterChef Television Competition by Yvonne Goder-Persand Shelina Permalloo is a British-born chef of Mauritian descent from both parents. Shelina became a well-known public fig- ure after winning the BBC's UK television programme MasterChef in 2012. MasterChef is a very competitive production screened in over 60 countries worldwide with the UK's BBC version hosting talented un- discovered chefs. Shelina brought to light ex- otic, mouth-watering traditional Mauritian dishes that captured the British audience. In reward for her memorable food she was rightfully crowned the winner of MasterChef 2012. Photo: MN stock Shelina Permalloo This great achievement of winning in such a Yvonnre Goder outside the Mauritian restaurant hit show like MasterChef, competing with the greatest talents in the UK made Shelina a celebrity instantly within the Mauritian UK community in addition to Yvonne Goder in front of the Mauritian restaurant in Southampton the British. Many of her dishes were either Mauritian or Mauritian-inspired in- 2015. -
Fincen Advisory, FIN-2021-A003
FIN-2021-A003 March 11, 2021 Advisory on the Financial Action Task Force-Identified Jurisdictions with Anti-Money Laundering and Combating the Financing of Terrorism and Counter-Proliferation Deficiencies On February 25, 2021, the Financial Action Task Force (FATF) updated its list of jurisdictions with strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing. The changes may affect U.S. financial institutions’ obligations and risk-based approaches with respect to relevant jurisdictions. The Financial Crimes Enforcement Network (FinCEN) is SAR filing request issuing this advisory to inform financial institutions of FinCEN requests that financial updates to the FATF list of jurisdictions with strategic anti- institutions only use the money laundering and combating the financing of terrorism updated mandatory SAR form (AML/CFT) and counter-proliferation financing deficiencies. and reference this advisory in As part of the FATF’s listing and monitoring process to SAR field 2 (Filing Institution Note ensure compliance with its international standards, the FATF to FinCEN) and the narrative identifies certain jurisdictions as having strategic deficiencies by including the following key 1 term: “FATF FIN-2021-A003.” in their regimes. Financial institutions should consider the FATF’s statements when reviewing their obligations and risk-based policies, procedures, and practices with respect to the jurisdictions noted below.2 In October 2020, the FATF restarted its work on identifying jurisdictions with strategic AML/ CFT deficiencies. Because of the ongoing COVID-19 pandemic, the FATF prioritized its review by focusing on jurisdictions with expired or expiring action plan deadlines.3 The FATF gave the other jurisdictions identified as “Jurisdictions under Increased Monitoring” the option to provide a status report. -
Unwind Mauritius Times Friday, February 26 , 2021 13
66th Year -- No. 3655 Friday, February 26, 2021 www.mauritiustimes.com facebook.com/mauritius.times 18 Pages - ePaper MAURITIUS TIMES l The final test of a leader is that he leaves behind him in other men, the conviction and the will to carry on. -- Walter Lippman Interview: Nita Deerpalsing “Everyone should ask themselves to what extent they have themselves created the current Frankenstein” ‘Time will tell if we currently have a political leadership which can be on the right side of History’ * See Pages 7-8-9 I've had my Covishield vax Dr R Neerunjun Gopee * See Page 3 Les grandes manœuvres de l'opposition Earth's existential threats: inequality, pandemics and climate change demand global leadership By Jacob Ainscough, Alex McLaughlin, Natalie Jones - L'annonce de la cassure de l'Entente PTr-MMM-PMSD au lendemain d'une interview University of Cambridge & Luke grand format de Nando Bodha sur une radio privée n'est pas le fait du hasard. Kemp - Australian National University Par Jean-Max Baya * Voir Page 4 * See Page 2 Mauritius Times Friday, February 26, 2021 www.mauritiustimes.com Edit Page facebook.com/mauritius.times 2 What becomes of the Labour Party? The Conversation Earth’s existential threats: either the MMM nor the PMSD has any What becomes of the Labour Party in the new business in deciding who should be the political situation that has provoked its ouster from Inequality, pandemics and Nleader of the Labour Party (LP), and so too the erstwhile ‘Entente LP-MMM-PMSD’, ironically is the reverse. On the other hand, what is accep- inspired by the LP leader himself? table among party alliances is the space accorded to In an interview to this paper a few months fol- climate change demand party leaders to influence or reject the choice of can- lowing the debacle of the LP at the 2019 elections, didates on their respective ally’s party list for gene- Rama Sithanen expressed the view that the “LP has ral elections. -
No. 16 of 2019 SIXTH NATIONAL
1 No. 16 of 2019 SIXTH NATIONAL ASSEMBLY PARLIAMENTARY DEBATES (HANSARD) (UNREVISED) FIRST SESSION FRIDAY 21 JUNE 2019 2 CONTENTS PAPER LAID MOTION STATEMENT BY MINISTER BILL (Public) ADJOURNMENT 3 THE CABINET (Formed by Hon. Pravind Kumar Jugnauth) Hon. Pravind Kumar Jugnauth Prime Minister, Minister of Home Affairs, External Communications and National Development Unit, Minister of Finance and Economic Development Hon. Ivan Leslie Collendavelloo, GCSK, Deputy Prime Minister, Minister of Energy and Public SC Utilities Hon. Sir Anerood Jugnauth, GCSK, Minister Mentor, Minister of Defence, Minister for KCMG, QC Rodrigues Hon. Mrs Fazila Jeewa-Daureeawoo Vice-Prime Minister, Minister of Local Government and Outer Islands, Minister of Gender Equality, Child Development and Family Welfare Hon. Yogida Sawmynaden Minister of Technology, Communication and Innovation Hon. Nandcoomar Bodha, GCSK Minister of Public Infrastructure and Land Transport, Minister of Foreign Affairs, Regional Integration and International Trade Hon. Mrs Leela Devi Dookun-Luchoomun Minister of Education and Human Resources, Tertiary Education and Scientific Research Hon. Anil Kumarsingh Gayan, SC Minister of Tourism Dr. the Hon. Mohammad Anwar Husnoo Minister of Health and Quality of Life Hon. Prithvirajsing Roopun Minister of Arts and Culture Hon. Marie Joseph Noël Etienne Ghislain Minister of Social Security, National Solidarity, and Sinatambou Environment and Sustainable Development Hon. Mahen Kumar Seeruttun Minister of Agro-Industry and Food Security Hon. Ashit Kumar Gungah Minister of Industry, Commerce and Consumer Protection Hon. Maneesh Gobin Attorney General, Minister of Justice, Human Rights and Institutional Reforms Hon. Jean Christophe Stephan Toussaint Minister of Youth and Sports 4 Hon. Soomilduth Bholah Minister of Business, Enterprise and Cooperatives Hon. -
Visa Requirements for Foreigners Travelling to the Bahamas
VISA REQUIREMENTS FOR FOREIGNERS TRAVELLING TO THE BAHAMAS DOCUMENT REQUIREMENT VISA VISIT PERIOD COUNTRY NAME REQUIREMENT ABU DHABI (SEE UAE) AFGHANISTAN, REPUBLIC OF PASSPORT YES 3 MONTHS AJMAN (SEE UAE) ALBANIA, REPUBLIC OF PASSPORT YES 3 MONTHS ALGERIA, DEM. & POP REPUBLIC OF PASSPORT YES 3 MONTHS AMERICAN SAMOA PASSPORT or WITH Compliant NO 3 MONTHS Document ANDORRA, PRINCIPALITY OF PASSPORT NO 3 MONTHS ANGOLA, REPUBLIC OF PASSPORT YES 3 MONTHS ANGUILLA PASSPORT NO 3 MONTHS ANTIGUA AND BARBUDA PASSPORT NO 8 MONTHS ARGENTINA (ARGENTINE REPUBLIC) PASSPORT NO 3 MONTHS ARMENIA, REPUBLIC PASSPORT NO 3 MONTHS ARUBA (DUTCH AUTONOMOUS STATE) PASSPORT NO 3 MONTHS AUSTRALIA, COMMONWEALTH OF PASSPORT NO 3 MONTHS AUSTRIA, REPUBLIC OF PASSPORT NO 3 MONTHS AZERBAIJAN, REPUBLIC OF PASSPORT NO 3 MONTHS AZORES (PORTUGUESE) PASSPORT NO 3 MONTHS BAHRAIN, STATE OF PASSPORT NO 3 MONTHS BANGLADESH, PEOPLE'S REP. OF PASSPORT NO 3 MONTHS BARBADOS PASSPORT NO 3 MONTHS BELARUS, REPUBLIC PASSPORT YES 3 MONTHS BELGIUM, KINGDOM OF PASSPORT NO 8 MONTHS BELIZE PASSPORT NO 3 MONTHS BENIN, REPUBLIC OF PASSPORT YES 3 MONTHS BERMUDA (UK DEPENDENCY ) PASSPORT NO 3 MONTHS BHUTAN, KINGDOM PASSPORT YES 3 MONTHS BOLIVIA, REPUBLIC OF PASSPORT NO 3 MONTHS BOSNIA & HERZEGOVINA, REP. OF PASSPORT NO 3 MONTHS BOTSWANA, REPUBLIC OF PASSPORT NO 3 MONTHS BRAZIL, FEDERATIVE REPUBLIC OF PASSPORT NO 3 MONTHS BRUNEI DARUSSALAM, STATE OF PASSPORT NO 3 MONTHS BULGARIA, REPUBLIC OF PASSPORT NO 3 MONTHS BURKINA FASO PASSPORT YES 3 MONTHS BURUNDI, REPUBLIC OF PASSPORT YES 3 MONTHS CAMBODIA PASSPORT YES 3 MONTHS CAMEROON. REPUBLIC OF PASSPORT YES 3 MONTHS CANADA PASSPORT or NO 8 MONTHS BC/PHOTO ID CAPE VERDE, REPUBLIC OF PASSPORT NO 3 MONTHS CAYMAN ISLANDS (UK DEPENDENCY) PASSPORT NO 3 MONTHS CENTRAL AFRICAN REPUBLIC PASSPORT YES 3 MONTHS CHAD, REPUBLIC OF PASSPORT YES 3 MONTHS CHILE, REPUBLIC OF PASSPORT NO 3 MONTHS CHINA, PEOPLE’S REPUBLIC OF PASSPORT NO 3 MONTHS COLOMBIA, REPUBLIC OF PASSPORT NO 3 MONTHS COMOROS, FED. -
Tourism and Its Relationship to Community Development in Chamarel, Mauritius
Tourism and its relationship to community development in Chamarel, Mauritius Davina Zara Ludmilla Prang A thesis submitted in partial fulfilment of the requirements of London Metropolitan University for the degree of Doctor of Philosophy January 2016 Acknowledgements The completion of this study represents a significant turning point in my life. It has been a long journey and has demanded a lot of effort, time and personal sacrifice. During this time I was lucky to have the support of many people. I would like to express my heartfelt gratitude to my Director of Studies Professor Dean Bartlett and for the advice and support of my Head of Department Professor Jillian Farquar. I am grateful for the numerous readers of my work including Professor Michael Hitchcock and Professor Marcus Stephenson who supported the proposals and findings of this study and their valuable insights over many years. The research for this thesis would not have been possible without the kind help and generosity of the villagers of Chamarel who gave up their time freely to share in discussions and allowed me to interview them. I felt humbled by their sense of optimism as they shared their innermost thoughts and lives with me. I am indebted to the families who welcomed me into their world and experiences of everyday Mauritian life. My taxi driver was a valuable friend who participated in the research on community tourism whole heartedly. I would like to thank the many informants including staff members of the Ministry of Tourism, Nelson Mandela Centre for African Culture and the Mauritius Research Council for their hospitality and lively debates on tourism development and Creole communities.