est. 2007

Barbados Underground

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Who Are the Local Partners in Cost-U-Less?

Former Prime Minister David Thompson (l) Former Chairman CLICO Holdings B'dos Ltd rumoured to be local partners in Cost-U-Less
Late Prime Minister David Thompson (l) disgraced former Chairman of CLICO Holdings B’dos Ltd rumoured to be local partners in Cost-U-Less

We do not charge membership fees and believe we can offer low prices to Barbados shoppers, just as we have in our most recent store opening in the Cayman Islands, which was also a partnership with local business people

NorthWest Company trading as Cost-U-Less July 2008

It has been almost five years from the time of the announcement Cost U Less Maybe Coming To Barbados that it launched in Barbados. However, based on consumer feedback the wait has been in vain.  It has been two months since launch and Barbadians continue to wait for the low prices promised. Before the coming of Cost-U-Less the Trinidadians, who now have a vice grip on our food retail and distribution channels, had promised Barbadian consumers the same, that is, we would benefit from economies of scale created by a larger T&T market.

Barbados now finds itself in a situation where we have a new entrant to an already competitive retail food sector.  And it has not demonstrated any appreciable price differentiation in its offering. Sad to say the inevitable must follow.  We created 200 jobs with the coming of Cost-U-Less but SuperCentre and DacostaMannings, owned by the Trinidadians, continue to send home employees.

It is unfortunate that Barbadians have not been made aware of who the local business people are in partnership with North West Company (Cost-U-Less). BU believes that if Barbadians were to be apprised of the names it would only serve as another opportunity to expose the hypocrisy, greed and naked opportunism which exist among people we hold in high regard.

The word making the rounds is that Leroy Parris, The Estate of the late David Thompson, Hartley Henry and Prime Minister Roosevelt Skerrit represent the local interest. These names will cause many to ask many questions.

For example:

  1. Why didn’t the BLP address this issue on the general election campaign just completed?
  2. Why is the estate of the late David Thompson taking forever to be probated?
  3. What were the considerations which motivated Minister of Finance Chris Sinckler to approve such generous concessions to a forex taker in a depressed consumer market?
  4. If Skerrit is so friendly with decision makers in Barbados why have we not been able to establish a bilateral trade agreement with Dominica which was promised when the 2008 Thompson government was ‘inaugurated’?
  5. What can we say about the Kingmaker?

What low prices what!

367 responses to “Who Are the Local Partners in Cost-U-Less?”

  1. JUST ASKING Avatar
    JUST ASKING

    Hi ya
    whats going in Barbados ?
    I am here just cooling it
    Barbados is a very corrupt place
    Unions corrupt
    Politicians
    Lawyers
    Civil Servants
    Doctors
    Fraternal brothers
    that about covers it
    Sonia corrupt
    She brothers corrupt
    Evadne from Bush Hall
    Just about everybody in Barbados -corrupt
    So whats going on
    This Tequila pulling loud

  2. Checkit-Out Avatar
    Checkit-Out

    David;

    Firstly, are the words making the rounds true and accurate? On the presumption that they are, it seems to me that during the recent election campaign a number of BLP speakers, led by Mia and OSA, addressed your issues 1, 2 and 3 fairly often but perhaps not at the depth and with the details which current apparent knowledge would require .

    It wasn’t their fault that enough people didn’t seem to act on the information they provided.

    Re. issues 4 and 5, that appears to be new information. Obviously the 2 issues are intimately connected and it would be no surprise if the connections involve some aspects of activities reminscent of money laundering in both cases or at least hiding the source of significant sums of money in both cases. The linkage of the kingmaker to these rumours fits well with his rumoured and factual connections re. Skerritt and the Late King.

    Re. the relationships should have resulted in increased trade, etc. Politicians are generally only interested in their personal bottom lines and normally put themselves and their own Families first, not their countries. Also, the Kingmaker does not appear to be accepted at the bosom of the current king, only the chancellor of the exchequer, who is not necessarily very influential in trade.

  3. Simple Simon Avatar
    Simple Simon

    @David “Leroy Parris, The Estate of the late David Thompson, Hartley Henry and Prime Minister Roosevelt Skerrit represent the local interest.”

    Haven’t gone to Cost U Less yet and I don’t plan to do so.

    I didn’t vote for the Dems in 2008, nor in 2013. Very likely won’t do so in 2016/17 either

    I felt uncomfortable with the D’s in 2008. I felt uncomfortable with their slogan “time for a change” I asked “change to what?” And I got no answer from dem.

    I felt uncomfortable with Cost U Less too. I truly didn’t feel that we needed another place in Barbados selling manufactured food. Too much fat. Too much obesity, Too much salt. Too much hypertension. Too much sugar. Too much diabetes.

    We don’t need more manufactured food. We need fresh food in smaller quantities and in better quality.

    Gimme a little something fresh from the market or from a rasta vendor any day.

    Fresher, tastier, healthier, better.

  4. Caswell Franklyn Avatar
    Caswell Franklyn

    Withholding the names of the local investor is the transparency that the DLP promised in their 2007/8 election campaign. The problem in the governance of this country is that the PM seems not to be hands on. It appears that ever so often he gets up from his slumber to pee and would make a statement.

  5. Bush Tea Avatar
    Bush Tea

    @ David
    “Why didn’t the BLP address this issue on the general election campaign just completed?”
    ********
    …..and say what…?
    – OMG, they are doing the VERY SAME shiite we did when we were in power…..?

  6. islandgal246 Avatar
    islandgal246

    Now if that is true about the investors I will never be going back there.

  7. Paradox Avatar
    Paradox

    We should hold those guy’s ‘feet to the fire’.
    We must demand Integrity legislation now.

  8. Gabriel Tackle Avatar
    Gabriel Tackle

    This revelation just goes to show that this Pastor of the Marchfield Church of God Freundel Staurt is nothing but a toothless heathen bulldog.The man has no control over the wimps he calls ministers.He did not make timely and sensible decisions when he had a larger majority and now he has a majority of 2,that will be his excuse for failing to act.Pornville and Sincliar are the de facto gurus in the cabinet.Estwick is the powder keg and holds the fuse and ‘frictions’
    Re the probate of Thompson’s will I have it on good authority that it has been probated and the registrar is safekeeping it under her belt so to speak.

  9. Carson C. Cadogan Avatar
    Carson C. Cadogan

    Who Are the Local Partners in Pricesmart?

  10. Simple Simon Avatar
    Simple Simon

    On the other hand if we can get enough pensioners buying enough things that they don’t need from Cost U Less, then Parris etc. will earn enough money to pay back the CLICO pensioners.

    And the PM will get to keep his non-leper friend.

    So it may yet work out in the end.

  11. Julia Avatar
    Julia

    Hilton Hotel with one government, CostULess with another; if the rumours are true: who is expected to pick up the exorbitant and non-transparent tab of the ‘GOLDEN HANDSHAKE’? As always, the overburdened middle class taxpayer who is, as always, the abused beast of burden of the Barbados economy…thing with mistreating the animals who pull your proverbial cart is that they suddenly will fall down dead. The only question is, ‘Can these dumb animals who are unable to escape their fiscal abuse survive 5 years?’

  12. David Avatar
    David

    As we would suspect the Notice of Directors’ Form filed with Corporate Affairs and Intellectual Property Office (CAIPO) says very little, both Directors are Canadians with Winnipeg business addresses. The only link to local is that the form was signed by Gillian Clarke of Clarke Gittens Farmer.

    Without prejudice BU makes the following observation: Gillian Clarke is the sister of Brian Clarke. Some on this blog may recall that he delivered the eulogy at the late David Thompson’s funeral along with Hartley Henry and was described as one of Thompson’s closest friends. The BU family can connect the dots.

  13. Hal Austin Avatar
    Hal Austin

    The reality is that Cost-U-Less may save a few shoppers a couple dollars in the short term but in the long term it will inflict serious damage on the retail sector in Barbados.
    Barbadian consumers must learn to think before spending their money. Who are these people? What long term commitment do they have to Barbados?
    The simple answer is not to buy from them; let them take their cheap goods and go back to where they came from.
    It may mean travelling a few more yards to make a purchase, but at least you know the owners of those shops have between in Barbados for decades, sometimes since slavery.
    Barbados is not an easy picking for sharp business people from abroad.
    In any case, the directors and shareholders of any enterprise should be publicly available information. We want to know who owns businesses in Barbados, not the names of their solicitors or local agents.
    We must reform company law.

  14. David Avatar
    David

    @Hal

    The names of directors are readily a available from CAIPO NOT the shareholders.

  15. Well Well Avatar
    Well Well

    The silent shareholders don’t have to be public information, but their lawyers will certainly know who they are, so will we, when it all hits the fan…………Bajans should boycott cost u less in principle for all the lies and deceit.

  16. Dr Love Avatar
    Dr Love

    As I see it,
    Seethro was put in as Deputy PM ,as he was not seen as a threat,rather as an easily managable dolt. As his then “boss” never expected to be “pushing up the daisies”.
    Wheels were already in motion for “the trough fillup” spoons were at the ready for “tasters”.
    Cost U less were already “on their way to Bim”.
    “Boss bites the dust” Seethro the Dolt ,”Inherits”.
    Wakes up and finds a “ready made ” pot of Gold at the end of the bed.
    Says “thanks you Jesus” .
    Now Seethro may be stupid but he aint THAT stupid.
    Why look a “gift horse” in the mouth.
    So he jumps on the Horse and Wupps its Ass.
    Rides it past the Finishing post AND COLLECTS his Winnings.

    Cost U Less is DOOMED.
    Wrong Place Wrong Time.
    It is Fracturing an already ,badly wounded TOP END retail market,
    As cost U less dies so will a lot of Bajun workers jobs,Super center , Price smart etc.
    Exspenses rise ,Profits drop as share of market drops.
    Keep your eye on TRIMART, while it is there that is.
    Lotsa BAD news coming.
    Meanwhile SEETHRO rides off with the “Winnings” into the sunset.

    YIPPE YAYO KAYEEeee!!

  17. Lemuel Avatar
    Lemuel

    Look, I am shopping at Cost U More. I do not have to pay them to shop. I collect points when I shop. If the prices at Price Mart are the same then Cost U mOre is cheaper; people you have to count in the $50 up front. Finally, no merchant in Barbados is concerned with the consumer. No politician is concerned about the consumer. Bajan consumers are not concerned about themselves. May be I shall try an Island tactic raise some fury about prices and get some lowered at the check out counter.

  18. Simple Simon Avatar
    Simple Simon

    Haven’t gone to Cost U Less yet, but I looked at the pictures coming out of the first shopping opening and what I saw were men and women between 200 and 30 pounds, lick’rish all, stuffing their trolleys with more cheap food which they plan to put in their already overburdened guts.

  19. David Avatar
    David

    @Lemuel

    Wouldn’t you have to prorate $50 by 12?

  20. Simple Simon Avatar
    Simple Simon

    Money CANNOT disappear. If 35,000+ Bajans put money in CLICO then the money has to be somewhere.

    If the money isn’t in the pensioners accounts, then it is in other people’s accounts. Very likely in the accounts of the Prime Minister’s non-leper friend.

    First law of physics. Matter (and money IS matter) CANNOT disappear.

    Matter can only become something else.

    Money cannot disappear. Money can only move from one person’s account to another person’s account.

    But alas too often we let others fool us.

    And too often we fool ourselves.

    Please not that I have not a cent in CLICO.

    I NEVER trusted CLICO.

    It was evident to me that for a small insurance company, in a small country the principals of CLICO were living too high.

    And years ago, I asked myself. “Where the money coming from?”

    The money for the high living, high living which was shared by David Thompson and others had to be coming out of the pockets of pensioners.

    I don’t admire high living.

    Because too often high living comes from deceiving and exploiting others.

    Such as financially unsophisticated old age pensioners.

  21. Crusoe Avatar
    Crusoe

    @Dr.Love,

    I agree the top end retail is oversupplied. But Pricesmart is strong, still has best value and is here to stay.

    So too Shopsmart, I have seen people back in there after the intial run on Cost you whatever.

    As I said, Cost whatever is not going to last past two years.

    Supercentre will rationalize, Cost U whatever shut and Pricesmart and Supecentre stay, because super centre owns the distribution to many products that is what they were really after, it would seem.

    End of the day, buy at the garden market, don’t stuff money into overseas pockets. Yam, sweet potato, carrots, okra are actually healthy for you. As opposed to Mrs. Whatever baked goods imported crap.

    Healthy fiber food as opposed to artery stuffers.

    Better on foreign exchange too.

    Don’t buy crap, buy local.

  22. Crusoe Avatar
    Crusoe

    ”And years ago, I asked myself. “Where the money coming from?””

    Wait, commonsense???? Whuh loss. Like alla dem driving Merkes and Bimmas…where da money come from…grow pun tree???

    Errr…maybe it DOES!

  23. Well Well Avatar
    Well Well

    Cost u less needs to be boycotted and closed within a year if only to teach the lying politicians a great lesson………..this scam should not be allowed to continue………….what a shame.

  24. BAFBFP Avatar
    BAFBFP

    Barbados is not just an economy, it is a MARKET …!

  25. David Avatar
    David

    The issue here as we know because it came up when we discussed CLICO is that the responsibility for running the company is reposed in the Directors and NOT the shareholders. If a shareholder wants to be a director fine. We adopt laws from Canada and other places which are supported by robust compliance, regulatory and consumer advocacy. In Barbados can we say the same? It will always be difficult in our system of governance for the sheeple to know what is going on.

  26. Well Well Avatar
    Well Well

    The only way to know the truth in Barbados, since the leaders seem to have a deep seated aversion to telling the truth, or to letting the taxpayers know what is really happening as opposed to what the politicians fantasize they would like happen, is to keep digging at it, something will eventually become dislodged……….I really hope Parris is not a silent partner in cost u less, if he is that would be gross disrespect to the CLICO policy holders/victims as well as the taxpayers.

  27. Common sense is not common Avatar
    Common sense is not common

    Call it coincidence if you want but this is is what I am discovering as I read this blog, that:

    1. The DLP,namely David Thompson,Leroy Parris and Hartley henry are part of this Cost U Less deal – and according to this blog and others -something smell stink about that;

    2.Jack Warner is implicated in wrong doing by an integrity committee led by Sir David Simmons,but guess what,perhaps we should also be looking at about Ronald Jones since after all,he seemed to have a very good relationship with Jack;

    3.Have you heard about all the secret goings on with DLP MP Donville Inniss and those businesses he has?

    4. What about that little short fella,DLP MP Stephen Lashley and that Culture Bill,shame,shame shame;

    5,Let’s not even go there,but go we must with the help of you know who,and talk about that useless DLP minister of Tourism Richard Sealy.Why can’t he be like that great minister of Tourism Noel Lynch and hire an empty liner for millions of dollars to being in non-existent tourists?

    But you know what, I think I will stop here before some of you accuse BU of having an agenda against the DLP.
    After all didn’t BU in the past (pre 2008 of course) also raised (en passant) the BLP’s bad behaviour as well,maybe not with the regularity of the number of blogs we are now seeing on the Dems,but so what.

    We are grateful nonetheless than we can read of things here that we can’t get to read in the ‘dead trees’ newspaper section.So Carson and others supporting you,well you can like it or you can lump it.

    Ha,ha.

  28. Rubes Avatar
    Rubes

    Bajans worried about who owns cost u less,better who owns barbados,seems to me it’s becoming the thieves.more tourists robbed at gunpoint tuesday, two Canadians two Americans at sea-u guest house,guns once more.citizens u know who the gangsters are turn them in before its too late.this story in toronto star today.all the breakfasts in Barbados won’t cure the bad news.
    Don’t worry this keeps up there won’t be tourists or cost u less or much of anything left, well I hear there may be oil ,who Ned’s tourists anyway

  29. Caswell Franklyn Avatar
    Caswell Franklyn

    Prior to the present Companies Act coming into force in 1985, there was a requirement for shareholders of companies and any change to be registered at the corporate affairs section of the Registration Department, now the Corporate Affairs and Intellectual Property Office. This avenue for fraud and money laundering was only created in 1985. Operations like CUL clearly demonstrate the need for the re-enactment of legislation to require that shareholders of private companies be registered at CAIPO. What happens in the dark would come out in the day.

  30. Hants Avatar
    Hants

    Garment workers in Bangladesh are paid US$37 per month.

    Thats why trade unions are important in a Capitalist environment.

  31. GreenMonkey Avatar
    GreenMonkey

    @Rubes

    And each time another of these attacks/thefts occur in 5….4….3…. 2… 1, we hear another Minister of Tourism or Prime Ministerial pronouncement supposedly reassuring us and our target tourist markets about how Barbados is still a safe place for tourists to visit.

  32. rubes Avatar
    rubes

    going to bring a bodyguard with me next trip,or stay in a big hotel,sounds like jamaica may be safer

  33. Carson C. Cadogan Avatar
    Carson C. Cadogan

    Who is the secret Barbados Labour Party partner in Island Safari(Bdos)Ltd?

  34. Carson C. Cadogan Avatar
    Carson C. Cadogan

    Who is the secret Barbados Labour Party partner in Jose Y Jose?

    Hint: the person in both cases is at the top of the Opposition Barbados Labour Party in Parliament!!

  35. Well Well Avatar
    Well Well

    The criminals are doing their own advertising for tourism to come to Barbados and it seems to be way more effective than anything BTA is doing, cause at least they are getting results……..not so bueno when it’s university professors.
    http://www.thestar.com/news/crime/2013/04/25/york_u_profs_robbed_at_gunpoint_in_barbados.html

  36. Well Well Avatar
    Well Well

    Rubes……..we already know who owns Barbados………..we also know it is not bajans.

  37. Carson C. Cadogan Avatar
    Carson C. Cadogan

    BAFFY

    “Barbados is not just an economy, it is a MARKET …!”

    Havent I said that many times here on BU?

    Why do you think that the Trinidadians are so interested in Barbados? They see Barbados as one big supermarket!

    As a result they buy the Bajan businesses offered to them by the White power structure here in Barbados, close them down, then use them as huge warehouses for Trinidadian goods into Barbados.

    Look shortly for the building which used to house Plantract in Eagle Hall being converted into warehouses now that it has been sold to Trinidadians.

  38. Well Well Avatar
    Well Well

    Carson C. Cadogan | April 25, 2013 at 9:34 AM |

    Who is the secret Barbados Labour Party partner in Island Safari(Bdos)Ltd?

    Rate This

    Carson C. Cadogan | April 25, 2013 at 9:37 AM |

    Who is the secret Barbados Labour Party partner in Jose Y Jose?

    Hint: the person in both cases is at the top of the Opposition Barbados Labour Party in Parliament!!

    Carson…………..are you telling us it’s Mia Mottley……………i can’t remember if these are foreign entities, but i know Jose y Jose is waste removal, island safari would probably be the guys with the jeeps for sightseeing when tourists leave cruise liners……..however, how much of taxpayers money was invested in these businesses?? was CLICO policyholders money involved?? and are they now trying to get consuming taxpayers to enrich them so they could pay back Clico policyholders are just do like thompson and bank the money in his private bank account in Bim or other foreign jurisdictions, are they self-dealing??? these are things the taxpayers are entitled to know……….what say you Carson………….

  39. Carson C. Cadogan Avatar
    Carson C. Cadogan

    At Pricesmart which the Barbados Labour Party brought into Barbados 99% of what they have to offer the Bajan public is imported and to add insult to injury they DEMAND THAT YOU PAY $50.00 to shop in there!!!!

    But that is fine for DAVID.

    Take the STUPID BLACK PEOPLE for all that they are worth.

    DAVID still has not answered the question, Who are the local secret partners of PRICESMART.

  40. Well Well Avatar
    Well Well

    I had to do some research for a legal matter re Pricemart some years ago, they are a registered SRL company in Bim, the owner is a US citizen based in Miami, can’t for the life of me remember the other shareholders…………..you are right Caswell, all shareholders should be registered at Corporate Affairs, but is their a law that covers silent partners??

  41. Amused Avatar
    Amused

    My take on this is this.

    By the Companies Act of 1910, it was required that the names of shareholders be registered on a yearly basis.

    The Companies Act Cap. 308 states clearly that the directors of a company are the people charged with the operation of that company. If a Company acts illegally and/or actionably, you can hardly blame the shareholders, as they have no say whatever in the operation of the company. The directors of a company owe a fiduciary duty to the Company, NOT to the shareholders. Thus, the company, to all intents and purposes, is the sole responsibility of the directors.

    No later than 15 months from the last AGM, companies are required to hold AGMs at which the shareholders finally get a say and elect the board of directors. But, once elected, those shareholders cannot interfere with the operation of the company by the directors.

    Back in 1910, the trading of stock in a company was infrequent. Today, the same stock can (and does) change hands very frequently, sometimes more than once in a day. Therefore, the mechanism of knowing who the shareholders are and registering these on a yearly basis is clearly inoperable. And for CAIPO to try to keep track of the exchange of shares in the companies in Barbados and register these one a minute to minute (as opposed to yearly) basis, would be an impossible task.

    In any case, since you cannot sue the shareholders for the actions of a company, why declare their interest at all? Many Bajans own pockets of shares (of whatever size) in companies like Banks Breweries, BS&T, Goddard Enterprises – and the list goes on and on. When these companies declare and pay dividends, is it really any of our business what, for example, Bushie gets out of his shares in Goddard Enterprises? OR does it breach Bushie’s right to privacy, except, of course, for his obligation in law to declare what he was paid to the tax man and the company’s obligation to provide him with the required documentation to make such a declaration? I would say that it breaches Bushie’s right to privacy. Such a revelation to CAIPO of Bushie’s shareholding in Canada would breach both federal and provincial laws on protection of privacy and in the UK would breach the Data Protection Act. As he is not a director (so far as I know) of Goddard Enterprises and has no legal status in the running and actions of the company, but merely allows them to use the money he has paid them to operate, Bushie’s participation in the company is passive. Let me stress that this is illustrative and I have no idea what shares Bushie owns (if any) in whatever company.

    Cap. 308 also permits for a greater degree of foreign investment, usually by another company purchasing shares in a company like Goddard Enterprises. As such, therefore, if it is a foreign company likely with the same laws as Barbados, then you would have to uncover the names of the shareholders in that country – which would be impossible. Also, to require that the names of shareholders of Barbados companies be declared would severely inhibit the very foreign investment that we rely on and which has almost been eradicated by our deceased justice system.

    I certainly see the point of wanting to know who the shareholders are in this specific case. I would like to know that myself and in certain very extreme circumstances, the courts can order that this information be revealed – but it is a VERY high hurdle to clear. I see the grounds for wanting the question asked and answered here, as Bajans would like to know which of their elected representatives (on BOTH sides of the House) have an interest (if any) in this particular company. Therein lies the absolute necessity of integrity legislation which it has taken our governments (by both sides) and inordinate and inexcusable number of years to implement.

    Therefore, weighing the pros and cons of the Companies Act, I have to say that the Companies Act has my vote and it needs now to be supported by legislation that, while protecting privacy, also provides remedies for abuse of that privacy. This condition of anonymity for shareholders is STANDARD in almost every country and is NOT peculiar to Barbados. If we set the clock back to 1910, this would severely prejudice our investment (particularly our foreign investment) possibilities.

    Now, Baffy, if you wish to accuse me of being a pompous old windbag, I will accept that meekly and apologetically. Also my apologies to Bushie for calling his name in vain.

  42. Carson C. Cadogan Avatar
    Carson C. Cadogan

    Caswell Franklyn

    You have lost all creditability, the last general elections was the final nail in your coffin.

    Shut up now only Barbados Labour Party members and supporters are listening to you now.

    What you ought to be doing is canvassing for your “trade union”. It needs more than one(1) member to be viable.

    Islandgal246 I keep telling you to stick to dress making.

  43. Well Well Avatar
    Well Well

    I have done quite a bit of research of companies at Corporate Affairs, what i noted is that they do not have up to date information on most companies and their shareholders……………….same goes for companies who offer IPOs……. a lot of information was missing from a lot of files, so apparently who don’t want their names made public are well protected in that regard…………still won’t stop the information from leaking though.

  44. David Avatar
    David

    @Amused

    Despite what you have commented the uniqueness of our small incestuous markets merit that the Companies Act stipulates the listing of significant shareholders (emphasis on significant). The wholesale adoption of legislation from other jurisdiction makes a mockery of the requirement ‘fit for purpose’.

  45. David Avatar
    David

    Can anyone recall if the same concessions which were approved by the MoF for CUL was done for Pricemart?

  46. Well Well Avatar
    Well Well

    What i don’t get is this government’s daily insistence that the population buy locally produced goods and chastised the previous government for letting foreign businesses come in not only to enjoy great tax concessions but also to get filthy rich by constantly and consistently raising the price of food, yet, the first opportunity this administration got, what did they do? let in a foreign company, cost – u- less to enjoy the very same tax concessions with the hope of also getting filthy rich……………now what does that have to do with the price of food?? everything, the price of food is still high and rising………………that is what i don’t get.

  47. Well Well Avatar
    Well Well

    So, in my humble opinion, I do believe that Bajans should stop shopping at cost u less forthwith, buy as much locally produced foods as insisted by the government, so that cost u less can find another jurisdiction with equally great tax concessions.

  48. Telling it like it is Avatar
    Telling it like it is

    Well Well | April 25, 2013 at 10:25 AM |
    U sending home hundreds of poor people who get jobs with Cost U Less and its local suppliers because you hate the Government? What about the poor jobless blacks who land the little picks at Cost U Less to feed their family? Do they now go back to the Welfare Dept with cap hand? Do you realise that will send the deficit higher?Any bet you are a middle class free money receiving snob.

  49. Carson C. Cadogan Avatar
    Carson C. Cadogan

    If Bajans are to stop shopping at COST-U-LESS forthwith, then they must also stop shopping at the Barbados Labour Party introduced PRICESMART. As 99% of all items sold at BLP PRICESMART are imported into Barbados from EXTRA REGIONAL sources.

    Fair is fair!!!

  50. Amused Avatar
    Amused

    @David. Afraid it is not that simple. You are either a shareholder or you are not. You can’t legislate that the size of shareholding requires disclosure – that would, in my humble submission, be prejudice against certain of the same class of person. As I have said, in these circumstances, I wish it could be as you suggest. But I fear that to do this would be to internationally and globally throw the baby out with the bath water. I do sympathise and, in the specific instances that you have identified, would it could be as you wish. But it isn’t and for the life of me I cannot see how it can ever be.

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