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Sagicor Financial agrees to US$536 million takeover by Canada’s Alignvest
The shares of Sagicor Financial Corporation, valued at approximately US$536 million, are to be sold to Toronto-based special purpose acquisition firm Alignvest Acquisition II Corporation in a deal that...
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PM Mottley pays glowing tribute to David ‘Joey’ Harper
Prime Minister Mia Mottley pays tribute to long standing Barbados Labour Party member and former chairman of the Barbados Child Care Board David Joey Harper. Below is the full text of her statement....
View ArticleEmpty pockets
Dozens of laid off workers at the state-owned Caribbean Broadcasting Corporation (CBC) could be without any cheques until sometime in the new year and this has left them feeling betrayed by the Mia...
View ArticleCustoms pay dilemma
At least one critical area of this country's border security could be left unmanned by the turn of 2019, if the Mia Mottley-led Administration does not restore a seriously depleted support staff as a...
View Article‘Sour’ sugar start?
Government job cuts could disrupt next year’s sugar crop, warns the unit representing sugar workers. At the heart of the issue is the decision by the state enterprise running the sugar industry,...
View ArticleA major deal
The shares of Sagicor Financial Corporation, valued at approximately US$536 million, are to be sold to a Toronto-based special purpose acquisition firm Alignvest Acquisition II Corporation in a deal...
View ArticleScotiabank to sell operations in nine Caribbean countries
The Toronto-based Scotiabank is drastically scaling back its operations in the Caribbean after more than a century of doing business in this region. The Barbados operation of the bank is not included...
View ArticleBarbados a fit medical hub
The Pan-American Health Organization Director Dr Carissa Etienne believes that Barbados should be a centre for sub-regional health care owing to the small sizes of economies of Eastern Caribbean...
View ArticleDuguid: Pay workers more to boost economy
While the Government is slashing its payroll, a Minister is “begging and pleading” with private sector bosses to give their workers a wage increase in a bid to spur economic recovery. Minister of...
View ArticleGovt on track
The Government is on course to meeting - and beating - its target haul of $65 million from the fuel tax which has replaced the road tax, said Finance Minister Ryan Straughn. “Since the imposition of...
View ArticleFuel tax burden
Leader of the Opposition, Bishop Joseph Atherley and Minister of Transport, Works and Maintenance William Duguid, battled in Parliament today over the amount of money Barbadians were actually paying in...
View Article$116 million due for income tax refunds
Approximately $25 million in income tax refunds have been paid out by the Barbados Revenue Authority (BRA) for the 2017 tax filing period, Minister in the Ministry of Finance Ryan Straughn has...
View ArticleAtherley calls for waivers, concessions re-think
Opposition Leader Bishop Joseph Atherley wants an overhaul of the sweeping powers of ministers to grant tax exemptions and waivers. The practice of doling out concessions or tax-write offs is cutting...
View ArticleUpdate: Police continue probe into death of St Peter man
A number of people are currently assisting police with investigations into the unnatural death of Ricardo Rock, 34 of Major Walk, Speightstown, St Peter. Rock’s lifeless body was discovered on Monday...
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Can you identify this man?
Police are seeking the public's assistance to identify the man in this photograph. The man is currently at the District 'A' Police Station. Anyone with information can call police at 430-7242,...
View ArticleScotia, Sagicor moves a wake-up call – Central Bank
Trinidadian banking powerhouse Republic Financial Holdings’ planned buyout of some of Scotiabank’s operations in the Caribbean and the acquisition of Sagicor by Canadian firm Alignvest have been...
View ArticleReady to go
Some 80 employees of the state-owned Barbados Water Authority (BWA) are reported to have opted for voluntary separation packages under the Government's restructuring programme. Although this number has...
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Security upgrade
A shooting incident two nights ago in one of Barbados’ more widely-recognised tourist spots has prompted Minister of Tourism Kerrie Symmonds to sound the call for beefed-up security in the area...
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NUPW delivers wishlist to Jordan
Improving industrial relations with Government agencies and providing more timely information are on a wishlist issued by the National Union of Public Workers (NUPW) to Minister of Labour and Social...
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Government enhancing border security
By March next year, immigration officials could be operating a new two-million-dollar system which allows for the thorough screening of visitors even before they reach our shores. The initiative is...
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