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The Barbados Association of Retailers, Vendors and Entrepreneurs (BARVEN) has stepped in to fight for farmers at River Plantation, St Philip whose land is being taken away by the Barbados Agricultural Development and Marketing Corporation (BADMC).President Alister Alexander on Thursday instructed the farmers not to stop their operations and assured them that his association would back them at all costs.“BARVEN will fight. We have no choice but to fight cause that is what we do – fight for ju...

Although insisting that the Central Bank has not surpassed its legal limits of financing the Government through “printing money”, regional economist Marla Dukharan has advised the Mia Mottley administration to put “urgent emphasis” on reigning in its deficit.Amid public discourse about whether the Central Bank was printing money, Dukharan stressed that was one of the roles of that institution, and all indicators pointed to it being done within the parameters of the Central Bank Act.“Th...

In the face of increased financial regulations, the Barbados Police Co-op Credit Union Ltd (BPCCUL) has advised its members, and those of other credit unions, to provide all information needed to remain in full compliance with the authorities.The advice came from BPCCUL’s Chairman Hally Haynes, in an address to members during its recent virtual annual general meeting.Haynes said that compared to previous years, the regulatory framework supporting credit unions on the island has increased their...

Frustrated with the state of the country’s fragile social security system, Barbadians are demanding tighter scrutiny over investments made by the National Insurance Scheme (NIS), and stiffer penalties for employers and self-employed persons who fail to honour their commitments.This was the consensus Monday evening at a town hall meeting at the Combermere School where the NIS’ top brass took suggestions from the general public as the organisation faces a potential crisis. “I think that wha...

The Massy operations in Barbados remain the second largest source of revenue for the Trinidad and Tobago-headquartered Massy Group. This is revealed in published highlights of its unaudited consolidated financial statements for the third quarter of the current financial year.For the nine-month period ended June 30, Massy Holdings Limited and its subsidiaries posted total revenue of TT$9.201 billion, an increase over the TT$8.144 billion registered for the corresponding period in 2021.The revenue...

Consumers will see a reduction in their electricity bills this month, with the average residential customer saving about $39, Barbados Light & Power (BL&P) Managing Director Roger Blackman revealed on Friday.According to Blackman, the decline is a combination of savings from the operations of the power company’s Clean Energy Bridge (CEB) plant at Trents, St Lucy, a drop in international oil prices which directly affects the Fuel Clause Adjustment (FCA) – a mechanism used by the utili...

People who currently contribute to the National Insurance Scheme (NIS) could be affected by its impending reform.That is the view of Dean of the Faculty of Social Sciences at the University of the West Indies, Cave Hill Campus, Professor Justin Robison.He told Barbados TODAY that while the National Insurance Fund is not in crisis now, Barbadians who presently contribute to the NIS could possibly still feel the impacts of any reform.On Wednesday, during a national press conference, it was reveale...

Zaria Walters did not make the top ten in this year’s Barbados Secondary Schools Entrance Examination (BSSEE), but in her eyes, she is number one.The student of The Ifill School who gained 51 in English and 25 in Mathematics, passed for the Princess Margaret Secondary School, which is a major accomplishment for someone who has struggled with dyslexia throughout school.“I did it and I would tell other children don’t worry about what other people would say, just do your own thing and have a ...

The rising cost of fuel in Barbados has prompted the National Union of Public Workers (NUPW) to call for a hike in allowances for public servants.Noting that allowances have not moved in over a decade, the union’s general secretary Richard Green and president Kimberly Agard argued that with gas prices here being among the highest in the world, it was necessary for travel benefits to be adjusted upwards.Their call came on the heels of another price hike that took effect on Sunday which saw the ...

Some of the island’s top performers in the Barbados Secondary School Entrance Examination (BSSEE) were successful in passing for their school of choice despite the challenges associated with online learning.Top boy overall Azario Gooding who hails from St George Primary, said he knew he was always going to do well but did not expect this level of success.On Tuesday, when Gooding, who was accompanied by his parents, collected his examination results slip he told reporters: “I am a little bit ...