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Managua ranks 3rd in the Americas for investment strategy

Managua ranks 3rd in the Americas for investment strategy

For the past 40 years, Managua has been staggering about like a shell-shocked earthquake victim who is overwhelmed by devastation and haunted by the ghosts of its past. But that is starting to change. For the first time in decades,...
April 11, 2013 · 9 Comments


Private sector rejects gov’t telecom controls

Private sector rejects gov’t telecom controls

Nicaragua’s two largest private business chambers are lambasting a new decree by the government’s telecom regulatory institute (TELCOR) that says all private telecommunications companies need to get government approval for their managers, directors, newsroom chiefs and systems managers. All telecom...
April 4, 2013 · 3 Comments


Santo Domingo miners released from jail

Santo Domingo miners released from jail

Editor’s note: story updated with comments from mayor of Santo Domingo (updated March 19, 4:15 pm)- The National Police today  released a group of 12 Nicaraguan gold prospectors who had been incarcerated for more than a month for protesting a...
March 19, 2013 · No Comments


B2Gold, prospectors sign truce

B2Gold, prospectors sign truce

In an attempt to quell simmering tensions in the rural mining zone of Santo Domingo, Chontales, Canadian mining company B2Gold and a group of Nicaraguan gold prospectors penned a tentative truce this weekend that promises to end months of social...
March 18, 2013 · 3 Comments


Nicaragua gets gold fever in Canada

Nicaragua gets gold fever in Canada

(posted March 1, 6:00 a.m.)- Nicaragua is sending its big guns to Toronto this week to sell the country as a lucrative investment for foreign mining companies during the annual tradeshow of the Prospectors & Developers Association of Canada (PDAC)....
March 1, 2013 · 2 Comments


British trade mission visits Nicaragua

(posted Feb. 27, 7:30 a.m.)- A high-level investment and trade mission from the United Kingdom is visiting Nicaragua for the next three days to look at new business opportunities in oil and gas exploration under the framework of the EU-Central...
February 27, 2013 · No Comments


Kevin Fleming: I’m being held illegally in Nicaragua

Kevin Fleming: I’m being held illegally in Nicaragua

Canadian developer Kevin Fleming, Chairman of Grupo Mariana, claims he is being “unlawfully detained in Nicaragua.” On Feb. 4, Fleming was notified by Nicaraguan immigration authorities that he is prohibited from leaving the country due to a pending defamation case...
February 18, 2013 · 186 Comments


Electricity company says adios to Nicaragua

Electricity company says adios to Nicaragua

(posted Feb. 12, 9:00 a.m.)- Nicaragua’s polemic electricity distribution company, Gas Natural Fenosa (formerly Unión Fenosa), has finally confirmed that it is pulling out of the country after selling its shares in Disnorte-Dissur for $57.8 million, according to a press...
February 12, 2013 · 6 Comments


Will power company pull the plug on Nicaragua?

Will power company pull the plug on Nicaragua?

A source inside Nicaragua’s energy sector is denying reports that Spanish power company Gas Natural Fenosa has sold all its interests in Nicaragua and packed its bags to leave the country. “Gas Natural has not sold its participation in the...
January 16, 2013 · 1 Comment


Wyndham, Nicklaus say ‘adios’ to Seaside Mariana

Wyndham, Nicklaus say ‘adios’ to Seaside Mariana

Two of the biggest names in tourism have terminated their partnership with Seaside Mariana Spa & Golf Resort, a massive development project planned for Nicaragua’s central Pacific coast.  Wyndham Hotel Group and Nicklaus Design have independently issued termination letters announcing...
December 13, 2012 · 165 Comments


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    (posted May 24, 2:30 p.m.)- Nicaragua’s Independent Liberal Party (PLI) is formally accusing the State of Nicaragua of committing electoral fraud in three municipalities in the 2012 municipal elections. The opposition party announced on Thursday that is has filed a…

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