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Barely surviving

Barely surviving

There are mounting fears that the renewable energy sector could face possible collapse as Government’s onerous National Social Responsibility Levy (NSRL) continues to suck life out of the vital sector. Executive Director of the Barbados Renewable Energy Association (BREA) Meshia Clarke said since the 400 per cent increase in the tax from two per cent […]

Open for business

Open for business

Despite having over 30 suspected cases of gastroenteritis on its hands, a top public health official today assured that Government was not about to order the closure of food establishments along the island’s sewage affected south coast. “I know that the media want to hear about shut downs and closures . . . [but] it […]

BL&P seeking to get to the bottom of major power outage

BL&P seeking to get to the bottom of major power outage

Following yesterday’s island wide power outage, officials of Barbados Light & Power Company (BL&P) say they are still in the dark over precisely what went wrong. However, they have embarked on a major investigation in a bid to get to the bottom of the situation. Yesterday an explosion occurred at the company’s Seawell, Christ Church […]

Hard hit

Hard hit

The past nine days have been hectic for local insurance companies, with some reporting that they have been stretched to the limit, having received as many as 100 accident claims between December 27, 2017 to January 5, 2018. And while the majority of these accidents could be considered minor “fender benders”, President of the General […]

Travel blues

Travel blues

The dangerously frosty temperatures and gusty winds which are expected to engulf parts of the Northeast and Midwest United States today and tomorrow, have forced the cancellation of Jetblue flight 1261, which was scheduled to arrive in Barbados just after 1 p.m. today. The 162-seater airbus was scheduled to depart the John F. Kennedy International […]

Hurricanes cut into Goddard’s bottom line

Hurricanes cut into Goddard’s bottom line

A major financial hit by associated company Sagicor General Insurance Company has been identified as one of the drags on Goddard Enterprises Limited’s (GEL) financial performance during the 2017 financial year. This was revealed in the conglomerate’s recently-released audited consolidated financials for the year ended September 30, which showed a near 100 per cent drop […]

Govt to launch food planting project

Govt to launch food planting project

The Ministry of Agriculture will this year launch a food planting programme, which it hopes will help cut the island’s $500 million food import bill. However, in order for the project to be impactful, it will need the participation of virtually every Barbadian with access to sufficient land to grow crops. “The ministry is very […]

European bloc writes to Govt, but Barbados remains on blacklist

European bloc writes to Govt, but Barbados remains on blacklist

The European Union (EU) has written to the Freundel Stuart administration, providing what is believed to be an explanation of its decision to include Barbados on a December 5, 2017 list of 17 global tax havens. However, it appears that the 28-member grouping has kept this country on the blacklist, despite Government’s protests. Minister of […]

Massy searches for new markets as Barbados profits dip

Massy searches for new markets as Barbados profits dip

The Massy Group is seeking greater fortunes in countries like Guyana and Colombia as it acknowledges company profits are under threat in its main money earners, Barbados and Trinidad and Tobago. At the end of Massy’s financial year on September 30, 2017, the two key markets registered slight declines, with revenue from Barbados’ operations falling […]