Dennis: Delay to pay contractors destabilising Tobago economy

Black Immigrant Daily News

The content originally appeared on: Trinidad and Tobago Newsday

News

PNM Tobago leader Ancil Dennis –

PNM Tobago Council political leader Ancil Dennis has labelled THA Chief Secretary Farley Augustine as callous in his treatment of local contractors.

Dennis was speaking with Newsday on the $390 million owed to contractors by the assembly.

Augustine has blamed the previous PNM administration’s pre-election spending for the assembly’s debts. On July 22, he said that contractors would begin to individually meet with an independent team to discuss the way forward to receive their money.

Dennis said: “This Chief Secretary promised to make payments to these contractors several months ago, and he made a firm commitment to them at a face-to-face meeting. He has now reneged on that commitment, citing ‘due diligence,’ as if he suddenly realised this, notwithstanding his initiation of an audit more than seven months ago.”

He said Augustine’s was being insensitive has betrayed his responsibility as a Tobago leader. He argued that Augustine showed his true colours when he raged that he did not care about the Tobago contractors and their bank-related challenges.

“This mishmash of excuses and bombast is quite unfortunate and only serves to further damage indigenous Tobago businesses, while further destabilising the Tobago economy. It is ironic, even frightening, that while the Chief Secretary galleries and misleads, the PDP decision makers are quietly giving contracts in the dead of night, as he likes to call it, to their friends from Trinidad.”

He said the previous PNM administration engaged in a program of infrastructural works over a two-year period. This, he said, was aimed at achieving two very important objectives, among others: to quickly and effectively resolve long-standing infrastructural issues and make other critical interventions to protect both public and private infrastructure, as well as to stimulate the construction sector and provide employment opportunities and economic stimulation during the pandemic period which had rendered many unemployed.

“A number of Tobago communities benefited by having flooding and other infrastructural issues resolved. The design-build-finance (DBF) procurement model was used, to allow the THA to get the work done without the need for upfront financing, but with a commitment to periodic payments over a reasonable period.

“This arrangement was honoured by the previous administration but if the Chief Secretary is convinced that THA administrators, engineers, quantity surveyors, internal auditors, and other public servants are either corrupt or incompetent to the extent that an external audit of these programs is required, then he is entitled to allay his concerns.”

He added: “However, his posture and the developments and conduct within his own administration suggest that this is more about political victimisation and arrogance than any genuine concern about corruption. The present reality is that while the audit drags on with callously unfulfilled promises of part payment, we are witnessing the destruction of Tobago businesses and, by extension, Tobagonians.”

Newsday understands that three contractors have met with the independent team “but no one has been paid.”

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PDP distributes $700 back-to-school grants

Black Immigrant Daily News

The content originally appeared on: Trinidad and Tobago Newsday

News

Chief Secretary Farley Augustine – THA Info Dept

The Progressive Democratic Patriots (PDP) is distributing book grants to those in need.

Chief Secretary and PDP deputy leader Farley Augustine announced this on Sunday in a Facebook live.

Augustine said he has asked all his assemblymen to join him in the venture to distribute $700 grants to help vulnerable students get ready for the new school term on September 5.

He said: “We have been able to pull together from among us a tiny sum that we can assist a few of you within our respective electoral districts. I made it mandatory for my members – for us to all put our hands in our pockets and contribute.” He said the grants will help buy books, uniforms, cloth, shoes, bookbags, or what the needs might be.”

The initiative, he said, was due to begin on Monday.

“Our political organisation, we are doing this. Along with the list, you would get a list of the agencies/stores/ haberdasheries that would be working along with us, partnering with us. And you are to just take this card to the respective outlets.”

He said this is something that he would usually do within his electoral district.

“I think it is important to give back. In fact, to whom much is given, much is expected.

“These cards are only $700. It is all that we can afford to give per person because we are trying to stretch what we have collected to share among several people.”

He said he has reached out to several Tobagonians for assistance as well.

“I want to say thanks to those that have contributed, because outside of the party…we have had other members, other supporters and well-wishers pitching in to give us some. We believe in the concept of one-one cocoa does full basket.”

He said more emphasis must be placed on education.

“We have to be about engendering a culture of learning and research and reading and critical thinking. I hope that as we go into this new school year, this new academic year starting in September, that parents, you would help us push that line of support for our young people – they need it.

“Covid19 has done a significant number on them, covid19 has really robbed our children of having a lot, they just don’t have a lot of what they need. They have almost two years of limited socialisation, children need socialisation to learn – some of our children learn by playing; some are kinesthetics; some need to learn by using their hands, and so the lockdown virtual mode did not help some of our children as was evident by the examination results from SEA.”

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Police Probe Fire In Building Housing Vieux Fort Businesses – St. Lucia Times News

Black Immigrant Daily News

The content originally appeared on: St. Lucia Times News

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Police are investigating a fire at a building in Vieux Fort occupied by several businesses, including a bar, a tailor shop and a photography laboratory.

The businesses were closed at the time of the fire on Sunday.

The Saint Lucia Fire Service (SLFS) said someone saw smoke and summoned emergency responders around 7:14 am.

Emergency crews rushed to the scene along the Vieux Fort-Laborie Highway with three fire trucks and three ambulances.

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But despite their efforts, the fire caused extensive damage to the bottom section of the two-storey building which housed businesses including the tailor shop, a barber salon and the photography laboratory.

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Opinion: Why more Jamaicans aren’t visible in the top jobs in Cayman Loop Cayman Islands

Black Immigrant Daily News

The content originally appeared on: Cayman Compass

Readers are asked to note that Op-eds do not necessarily reflect the opinions or beliefs of Loop Cayman.

by ‘Caymaican’

The Cayman Islands’ 2021 Census Report shows that Jamaica ranks second as the place of birth for Cayman residents. However, this does not translate into Jamaicans taking second place for the top jobs in Cayman. Instead, Jamaican born workers mostly work as housekeepers, cleaners, caretakers, gardeners, police and construction workers, where they earn the middle-to-lower end of the salary scale in Cayman. In contrast, workers representing smaller percentages of the population (the UK, USA and Canada) in terms of birth, appear to command Cayman’s highest salaries. I believe there are several reasons for these disparities, some of which I mention below.

Cayman’s economic needs

First, as Cayman developed rapidly (with more buildings, homes and businesses) Cayman was forced to find people from overseas to fill posts for construction and other areas where tradesmen were required. This happened because Cayman did not establish large enough of an institution to equip and train a sufficient number of Caymanians to take these jobs as they became available.

In addition, there was a period of time in Cayman that professions like tradesmen, electricians and others in the construction industry were not deemed to be “prestigious enough” for my fellow Caymanians to pursue as careers. Instead, my fellow Caymanians were attracted to jobs in banks and other places in the financial services industry. A matter of preference, as it were.

The result of these permutations and combinations is that a smaller number of Caymanian-born workers were represented in trades industries over the years when compared to Jamaican-born workers (the 2021 Census also confirms that construction is the largest employer of Non-Caymanians and is the fifth largest place of employment for Caymanians, confirming that the long-held trend of the number of Non-Caymanians versus Caymanians in the construction industry is continuing).

Proximity

Literally being located next door also influenced Cayman as a choice for Jamaicans.

Advantages of being include:

Ability to return home quickly in case of family emergenciesAllows parents working in Cayman to conveniently see their children in Cayman during the summer holidays when school is outShort flight

Hiring practices

These benefits also translated well for Cayman businesses too because they could obtain workers on short notice when sufficient labourers were not available in Cayman to complete new or ongoing projects.

My suspicion is that, over time, because of the convenience and proximity, human resources managers developed a “preference” for Jamaican workers, especially in construction and housekeeping.

At the same time, however, for the financial services industry to thrive, human resources managers in that sector recruited many of their managers, directors and partners from the UK, USA and Canada. The median salary for these positions, as shown below, is about 6k per month (note that partners can make millions of dollars per year at law firms and accounting firms, not just 6k per month).

Salary of managers according to 2021 Cayman Census

The median salary, however, for construction and trades (where many Jamaican-born workers are employed) is 3k or less per month, with housekeepers in the region of 1k per month (often, this situation does not change even when Jamaican-born workers obtain Caymanian citizenship). This is highlighted in the preceding table and the table below.

Salaries in construction based on the 2021 Cayman Census Report

Importance of differences

The significance of the differences between positions held by Jamaican-born workers (representing a large percentage of residents on the basis of birth) and the UK, USA and Canada (representing a smaller percentage of residents on the basis of birth) is that, given the salaries, Jamaican-born workers are likely to have a harder time surviving the high cost of living in Cayman and may also live near or at the poverty level.

Anomaly could have been avoided

This anomaly, in my view, may have been avoided over the years if human resource planners considered Jamaican scholars for positions in the financial services industry at the same time that they assessed Cayman’s needs in trades industries.

For example, looking at Rhodes Scholarships alone, these have been awarded to Jamaicans from the 1950s to date, for literary and scholastic attainments, according to data published by the University of The West Indies. Jamaica also boasts good university education standards, with some Caymanians even obtaining their education in Jamaica in the past. Jamaica could have therefore been seen as a reliable source of educated candidates for top jobs, not just construction and housekeeping.

Opportunity to change things

Ignoring what could have been, the Cayman government and businesses have an opportunity now to correct the existing mismatch. The will to do this, however, may depend on the attitude towards more diversity at the top.

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Jarret Jean Jacques: Music is just so fun for me …

Black Immigrant Daily News

The content originally appeared on: Sun Dominica

A talented musician, who knew from early on that his passion and career lay in the field of music, is fine-tuning his skills to give back to his country.

18-year-old Jarret Jean Jacques recently graduated from the Choate Rosemary Hall Boarding School – one of the most prestigious boarding schools in the USA – with its highest music award, the Hicks Lawrence Prize for music excellence.

He told The Sun his love for music developed at the age of five when he was taught music at home because he was too young to attend music school.

“My two older sisters, Stacey and Stephanie, started me off with piano,” he said. “Then when I was six, I started trumpet, which is my main instrument. Between the ages of six and ten things just spiraled forward because I realize that I had a passion for music and I pretty much just added one instrument after the other.”

To date, Jarret plays nine instruments: trumpet, trombone, French horn, euphonium, piano, guitar, clarinet, flute, and saxophone.

Accomplishing so much at a young age, Jarret says high expectations of him are the norm, and he uses this to drive his success.

“I realize, as I continue to grow, people are going to have expectations of me which means I have to keep working harder to better myself so that I can reach my full potential and continue to impress those around me,” Jean Jacques said.

While at Choate, he was part of the many different classical music ensembles, which further deepened his love for performing and learning the orchestra instruments.

“I traveled with the school’s ensemble to Washington D.C where we performed at the John F. Kennedy Centre for the Performing Arts,” he said. “That was the first real experience of what I wanted my career to be. It was just surreal for me.”

For Jarret, it’s now to the Eastman School of Music, University of Rochester – his dream school – to pursue a bachelor’s degree in music education.

“I heard about Eastman during my first summer at Choate. I applied and was accepted into their classical studies summer programme. I continued doing lessons with the professor – throughout my last year at Choate, who happens to be the professor I will have for the next four years,” he said.

Upon completion of his bachelor’s degree, Jarret would like to pursue a master’s degree in the same field. However, his overall vision and purpose are to share his love for music through teaching.

“Being able to perform and tour with my own ensemble is also something I could think about,” Jean Jacques said. ” But at the end of the day what I want to be able to do is teach and most likely come back to Dominica and set up a school where I can help people learn music. That is my main goal.”

Having spent a lot of time in Dominica’s music education system, Jarret is well poised to give advice on how he would like to see the artform treated in the country.
“The popularity aspect of it is the biggest issue, where people see music as this side hobby,” he said. “I believe arts and music, should have as much importance as the other main subjects like math, language, etc.”

Reaching this level of skill and knowledge, people may wonder if this musician ever feels he will burn out or lose interest in the field, he confidently assured The Sun this is not the case.

“I know this is my career. For so long music has been this escape and joyous thing and now I am turning it into a job and I have the fear that it will start to feel like a job or strenuous work, but I actually just haven’t found that,” he said.

Jarret is forever grateful to God for his talent and his family and friends for their unwavering support along his musical journey.

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Golding addresses comments on ‘lack of private sector support for PNP’ Loop Jamaica

Black Immigrant Daily News

The content originally appeared on: Jamaica News Loop News

Opposition Leader Mark Golding says the People’s National Party (PNP) continues to attract and welcome “enlightened private sector interests” to build a progressive alliance to help uplift disadvantaged Jamaicans.

Golding’s declaration is being viewed as an attempt to distance himself from recent comments made by Member of Parliament (MP) for South West Clarendon, Lothian Cousins, who accused the private sector of “propping up” the Jamaica Labour Party (JLP) Government and neglecting the poor.

According to Cousins, the recent reduction of chicken prices by $12.50 was “another three-card trick”.

Cousins also accused the private sector of “never” supporting a PNP-led administration.

“They have never supported us that way, and they will never support us that way because we are the party for the people!” argued Cousins.

Golding, who was addressing a South West St Andrew PNP divisional conference on the weekend, poured the proverbial cold water on the comments that were made by Cousins, who is also the Opposition Spokesman on Agriculture.

“We’ve always been an alliance of the progressive elements of all classes in the society – downtown, mid-town, uptown – even while our mission has been the upliftment of the disadvantaged masses of the people,” declared Golding.

“… And by the progressive elements, who am I referring to? I am referring to those who use their positions of privilege to improve the conditions of the masses, rather than to maintain the status quo,” he said.

In indirectly addressing any chatter of lack of private sector support for the PNP, Golding said this has never been the case.

Lothian Cousins

“… And for the record, our party enjoys, and indeed, welcomes the support from enlightened private sector interests, and that has always been the case,” he stated.

“Indeed, our aim is to build a national alliance of progressives that can effectively summon the will and resources that are required to make our national motto – Out of Many One People – more than a noble aspiration. We want it to become an accurate description of the Jamaican society,” Golding indicated.

According to him, that was the vision of the party’s founding president, Norman Washington Manley.

Meanwhile, unlike Cousins, Golding commended Jamaica Broilers for its reduction in chicken prices locally.

“We commend a recent gesture from a major local producer to reduce the price of goods in the trade,” stated Golding.

The PNP president urged “all suppliers of the basic needs of the population to follow that example, and indeed, do more.

“This is especially needed at this time, given the Government’s failure to adequately cushion the cost of living crisis engulfing the Jamaican people,” he said, adding that any private sector group that does this has the support of the PNP.

Prime Minister Andrew Holness has rejected suggestions from the Opposition that it has failed to cushion the cost of living.

He said the Government has taken a balanced approached in supporting the most vulnerable groups while keeping the economy growing.

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Tea drinkers enjoy possible health benefits, a study suggests Loop Jamaica

Black Immigrant Daily News

The content originally appeared on: Jamaica News Loop News

A cup of tea just got a bit more relaxing.

Tea can be part of a healthy diet and people who drink tea may even be a little more likely to live longer than those who don’t, according to a large study.

Tea contains helpful substances known to reduce inflammation. Past studies in China and Japan, where green tea is popular, suggested health benefits.

The new study extends the good news to the UK’s favourite drink: black tea.

Scientists from the US National Cancer Institute asked about the tea habits of nearly a half million adults in the United Kingdom, then followed them for up to 14 years.

They adjusted for risk factors such as health, socioeconomics, smoking, alcohol intake, diet, age, race and gender.

Higher tea intake — two or more cups daily — was linked to a modest benefit: a 9% to 13% lower risk of death from any cause vs non-tea drinkers. Tea temperature, or adding milk or sugar, didn’t change the results.

The study, published Monday in Annals of Internal Medicine, found the association held up for heart disease deaths, but there was no clear trend for cancer deaths.

Researchers weren’t sure why, but it’s possible there weren’t enough cancer deaths for any effect to show up, said Maki Inoue-Choi, who led the study.

A study like this, based on observing people’s habits and health, can’t prove cause and effect.

“Observational studies like this always raise the question: Is there something else about tea drinkers that makes them healthier?” said Marion Nestle, a professor of food studies at New York University.

“I like tea. It’s great to drink. But a cautious interpretation seems like a good idea.”

There’s not enough evidence to advise changing tea habits, said Inoue-Choi.

“If you drink one cup a day already, I think that is good,” she said. “And please enjoy your cup of tea.”

By Carla K Johnson

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‘Niet dat we gaan pinaren, maar overleven wordt zwaar’

Black Immigrant Daily News

The content originally appeared on: De Ware Tijd Online

Feestelijke afsluiting Sasi Sura Tekst en beeld Audry Wajwakana PARAMARIBO — “Happy new year!” riepen javanisten blij. Met het afschieten

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En Martinique, les fonds européens permettront-ils de rattraper économiquement la Métropole?

Black Immigrant Daily News

The content originally appeared on: Martinique FranceAntilles

Particulièrement touchée par la crise, la Martinique bénéficie d’aides créées pour contribuer à combler le retard économique, et spécialement dirigées en France vers les régions les moins développées.

Martinique (France).

«Abandon», «pauvreté», «colère sociale», «coût de la vie»… Ces mots ne sont peut-être pas les premiers qui viennent à l’esprit quand on pense aux outre-mer, des destinations plutôt réputées pour leur soleil et leurs plages qui attirent les vacanciers. Mais la vie des populations locales, depuis longtemps déclassées dans toutes les catégories économiques et sociales –taux de chômage, coût de la vie, taux de pauvreté–, pâtit d’une grande différence par rapport à celle de la France métropolitaine. Toutes les crises qui touchent la France sont encore plus dévastatrices dans ces territoires éloignés.Dans le cadre du plan de relance européen, la Martinique a pu profiter de l’une des plus grandes parts distribuées aux différentes régions françaises, avec plus de 500 euros par personne, contre une cinquantaine d’euros pour la région des Hauts-de-France par exemple. Ces aides sont censées répondre à la crise qui touche en ce moment les Antilles françaises, mais celle-ci est ancrée dans ces territoires depuis fort longtemps.

Des manifestations, mais une situation qui ne voit pas d’évolution

Novembre 2021: la grève générale éclate sur les îles de Guadeloupe et de Martinique. Parties d’un mouvement de contestation contre les mesures sanitaires de l’époque, les manifestations ont progressivement glissé vers une grogne contre le prix de la vie, le taux de chômage et, plus généralement, l’expression d’un sentiment d’abandon de la part du gouvernement français. Une situation déjà soulevée et critiquée lors de manifestations similaires en 2009, à la suite d’une autre crise économique.Dans ces îles, on ne perçoit pas d’efforts de la part de la métropole pour changer la situation économique. Et les tensions entre ces territoires et le gouvernement, basé à plusieurs milliers de kilomètres de leurs problèmes, ne font qu’alimenter une colère et un antagonisme qui existent depuis bien longtemps avec ces territoires, derniers restes de l’époque coloniale.La situation financière, assez hétérogène entre ces territoires et le reste de la métropole, pourrait être le levier à actionner par l’Union européenne pour aider à lisser ces différences. C’est ainsi que les fonds européens, sous la forme du Feder (Fonds européen de développement régional) et du FSE (Fonds social européen), veulent répondre à ces problèmes en aidant les Martiniquais dans la création d’entreprises et d’emplois, en particulier en soutenant les TPE-PME, l’éducation et la formation.Mais ces aides sont-elles vraiment efficaces pour résoudre ces problèmes? Pour y voir plus clair, voici plusieurs d’exemples d’entreprises qui ont fait des demandes, abouties ou non.

Grâce aux fonds européens, Aymeric Vasson a embauché 3 personnes et fournit la Martinique en bière – Efflam Sionneau

Des fonds qui aident à se lancer

«Le bouche-à-oreille», c’est comme ça qu’Aymeric Vasson explique avoir entendu parler de ces aides européennes. L’aventure commence en 2018, quand son frère Frédéric et lui, des Ardennais présents sur l’île depuis vingt-trois et treize ans à l’époque, se lancent dans la création de la Petite Brasserie martiniquaise.Pour créer le dossier de demandes de fonds, ils font alors appel à un cabinet spécialisé dans la création de ce genre de dossiers. «On nous les a conseillés et notre demande a mis à peu près un an et demi pour être acceptée. Les fonds ont alors servi à rembourser les emprunts contractés au lancement. Sans le cabinet, c’est sûr que ça aurait pris plus de temps. C’est difficile de garder le contact alors qu’on a un travail à côté», déclare Aymeric Vasson.La problématique avait déjà été soulevée il y a quelques années par la sénatrice de la Martinique, Catherine Conconne, qui avait déclaré: «La consommation des fonds européens, chez nous, pose souvent problème parce que nos entreprises sont de petite taille. Il est compliqué pour elles de monter un dossier pour des fonds européens; elles manquent souvent de l’ingénierie pour le faire et leur trésorerie est insuffisante pour attendre le versement des aides.» Et de fait, certaines peuvent attendre longtemps le versement de ces fonds.

Des objectifs pas toujours atteints

Cachée entre les collines verdoyantes de la côte est de la Martinique, sur la route entre le François et le Vauclin, Holdex Environnement est un des leaders de la revalorisation des déchets verts en Martinique. Dernière innovation: une filière de compost de sargasse, une algue qui envahit les plages martiniquaises. Pour aider à la développer, l’entreprise va solliciter seule l’aide du Feder. Le dossier est déposé en 2018. Depuis, silence radio. «On n’a rien eu du tout pour le moment. On n’a pas reçu un euro.»La base de données des bénéficiaires indique pourtant que l’entreprise est éligible à près de 24 millions d’euros de la part de l’Union européenne dans le cadre du Feder, et qu’elle en aurait même déjà reçu 6 millions.Passé en séance plénière en 2021, ce centre de valorisation attend toujours son argent, ce qui empêche l’entreprise de mettre en place son développement depuis quatre ans, alors qu’elle était pourtant dans «une période charnière où [elle] av[ait] déjà commencé à [se] développer», se lamente Mike Bernus, fondateur de Holdex. «Mais ce manque est un grand frein.» «La plupart des entreprises martiniquaises ont besoin de cet argent pour rester compétitives, ajoute-t-il. Nous sommes dans un environnement ilien, à 6.000 kilomètres de la métropole, donc tout est plus cher et plus dur à se procurer.»Ces aides sont presque indispensables pour certaines entreprises, comme celles qui importent des biens à destination des touristes. Elles doivent passer par le fret maritime et c’est d’ailleurs dans le remboursement de ces frais que va la majorité de ces fonds européens: une étude de la liste des bénéficiaires de ces fonds montre qu’environ 460 millions d’euros sur les 735 millions d’euros distribués pendant la période 2014-2020, ont été utilisés pour compenser les surcoûts liés au transport.Cet argent, dépensé pour préserver la compétitivité des entreprises, n’est que peu dirigé vers des projets d’investissements ou la création de postes et d’entreprises, ces projets se partageant moins de la moitié de l’argent européen envoyé vers l’île.L’objectif de ces fonds européens ne paraît donc pas entièrement rempli. Il semble qu’il manque un lien entre la collectivité territoriale de Martinique (CTM) et les nombreuses petites entreprises présentes sur l’île, qui n’ont pas accès à des cabinets de conseil, ni le temps pour faire ce genre de démarche elles-mêmes, mais qui pourraient vraiment bénéficier d’un financement européen.Un autre point d’amélioration serait d’écourter les délais pour enclencher une reprise économique plus rapide et soutenir une dynamique dont ont besoin les Martiniquais. Mais sur ces questions, la CTM n’a pas voulu s’exprimer.

Cet article est réalisé dans le cadre du concours Union Is Strength, organisé par Slate.fr avec le soutien financier de l’Union européenne. L’article reflète le point de vue de ses auteurs et la Commission européenne ne peut être tenue responsable de son contenu ou usage.

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Doctors Hospital hits roadblock in court Loop Cayman Islands

Black Immigrant Daily News

The content originally appeared on: Cayman Compass

Court says it cannot make a declaration that government is “obliged” to publish criteria for the granting of concessions

Loop News

4 hrs ago

L-R: Dr Yaron Rado, Chairman of the Board at CTMH Doctors Hospital, Sue Winspear, Auditor General and Samuel Bulgin, Auditor General

In a case brought by Doctors Hospital against the Cayman Islands Government, the court has decided that it is not appropriate for the court to make a declaration that the Government is obliged to publish criteria for granting concessions. The court indicated, however, that a voluntary publication of the information by the Government would be an act consistent with good governance.

As outlined in the judgment delivered on August 19, 2022, Doctors Hospital is requesting transparency to establish the reasoning for, and basis of, the grant of tax and duty waivers to Health City, a medical facility in East End. Further, Doctors Hospital wants to know why similar waivers were provided to Aster Caribbean Holdings Limited, which had a proposal to develop an additional medical facility in Cayman.

In response to Loop Cayman, Health City Cayman Islands said “As would any investor, Health City Cayman Islands sought concessions from the Government of the Cayman Islands, which were approved by Cabinet and maintained since the initial granting of the waiver in 2014. However, to date, Health City has availed itself to less than US$15 million, a fraction of the overall value of concessions that we could have benefited from.

“Health City took a leap of faith and invested close to US$250 million directly into medical infrastructure in the Cayman Islands, the largest private investment for healthcare in the Islands’ history. In doing so, we have established an internationally-accredited centre of global excellence for medical care and medical tourism, which has earned the Gold Seal of Approval by Joint Commission International (JCI).”

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