This article is not meant to shame anyone but to create awareness that will bring about the much-needed change. This is the second time that I have noticed of late that opportunities in business that fall under state own enterprises discriminate against a wide cross section of the Barbadian public.
The first of the recent observation was back in December last year when I applied to and Ad which stated that the Enhance Credit Guarantee Fund was offering funding. I applied on the behalf of The People’s Agricultural and Business Cooperative Society Ltd to find out if this Agricultural Co-op would qualify for funding.
The response that I received from the Central Bank of Barbados, was that “the support is only for existing businesses incorporated in Barbados.” To this, I responded “The Co-op is in Barbados. It was certified over a year ago by the Registrar of Cooperatives.” To this day there has been no response from the Foreign Exchange and Exchange Credits Department of the Central Bank of Barbados.
Although I let the above slide, I chose this occasion to respond to an article carried in this newspaper on March 31, 2022, under the caption Ocean Innovation Challenge giving thousands of dollars to Blue companies, as this bias is hiding in broad daylight.
Given the fact that the blue economy is relatively new to Barbados and the untapped potential of the ocean is vast since Barbados owns more ocean that it does land, the challenge should therefore be to the entire island.
Why are existing companies singled out to be part of the Ocean Innovation Challenge? Why have entrepreneurs and persons who have ideas not been included? How will the island develop a class of entrepreneurs if the focus is always on existing businesses?
This action is discriminatory, and it says that the ordinary man in Barbados does not have ideas that can be utilized in the creation of a blue economy, and nothing can be further from the truth.
What about the hundreds of fishermen who ply their trade off the coast of Barbados? They know the sea and the ocean better than any business that the challenge is currently offered to. Have you extended your challenge to this entrepreneurial class of Barbadians? If the offer were extended to them one can be positive that they will come up with ideas for business, but they have not been put in a position to accept any challenge.
Not even your being in a partnership with Caribbean Export can be an acceptable response as the criteria must have been agreed to by both partners. I hope this criterion will be revisited soon to be all inclusive as there must be equal opportunities for all Barbadians.
Considering the aforementioned, there is an opportunity here not only for Export Barbados but the entire government of Barbados to have a defined nondiscriminatory policy. Discrimination was the very backbone of life that was created in Barbados during slavery by an oppressive legislature. One should therefore expect that every act of government and its state own enterprises would contain a nondiscriminatory policy statement which should reference equal opportunity to all members of society. This nondiscriminatory policy which is normally used for employment. It states that persons must not be discriminated against due to their religion, class, sexual orientation, or disability.
There is no nondiscrimination clause in the new Charter of Barbados.
Perhaps, now that this issue has been brought to light, government and state-owned enterprises will operate under a nondiscriminatory policy which along with the aforementioned, include equal offerings in business opportunities.
You can talk till the cows come home nothing gone change
The people put in power couldn’t care less about small business ventures
Time and time again evidence has shown that big business controls and creates power
Power that controls govt hence sufficient and enough that when govt takes the reign that favours would rain down on powerful and the powerless remain struggling at the far end of the economic Barrell
Question how many small business u think we’re given millions of dollars to keep doors open during COVID on days govt allocated for shopping
If govt rolls out means of financial sourcing for small business it comes with many strings attached and rules which frustrates sending the small business man running back to their hiding hole
Reason yuh see Nelson Street and baxters Road after all these years looking like sh.te holes all because govts along with those who control the economic structure of Barbados have decided that these small businesses are not deserving of financial assistance that would help them grow and enter the financial world of mainstream business
Heather…glad you are highlighting this discriminatory practice, i had cause years ago to bring it to the fore where minority companies operating since the 1800s or thereabouts should have sufficient cash flow due to the length of their existence and should not be hogging every opportunity that should go to the majority population.
remember highlighting this dude came in from UK just months previously, years ago, and could give me information on how to access funding from BIDC for projects as told to him by them, but when a Black person, domiciled on the island approaches them, they tell you that the money is really for minority businesses already established, and not for Black people.
..the nasty blight and curse of discrimination on the island targeting the majority population…..expose all of it so the pretenders have nowhere to hide..they are repulsive, as told by the same white man they were sucking up to only because he is white and he was very angry that the island is still so backward…..while they thought they were impressing him.
remember highlighting this dude came in from UK just months previously, years ago, and could give me information on how to access funding from BIDC for projects as told to him by them, but when a Black person, domiciled on the island approaches them, they tell you that the money is really for minority businesses already established, and not for Black people.
Xxxxxxxxxxxxxxxxccxcxxxxcc
How much elástic in the above ?
Less is more.
@Heather
Besides yourself are the principals of your Co-op resident in Barbados?
Heather
Dream on!
Bajans like things the way they are, have always been. We have no real national commitment to solving intractable problems when an outside solution is available. Check out the debt relief in exchange for the resources ownership model as recently concluded between the government of Belize and an international agency for guidance as to how Barbados will go.
How can your seemingly sensible but lofty ideal ever be achieved with the established mentality so well entrenched.
A national mentality which central plank rests on the notion that your kind of thinking should properly reside in somebody else’s mind.
A mentality which presupposes that your project must be burdened with all manner of historical baggage bedeviling it with the specter of near failure from jump street.
Barbados has never had a government which was committed to your ideal. And maybe never will. For the act of government should essentially be representative of the wider accepted cultural norms, and the Barbados government is and has always been.
That ingrained cultural expression has no commitment to empowering ordinary people. We have a long history of empowering poor Whites like Kiffen. Simpson or Cow Williams and kin. This is what all the operating systems in Barbados understand.
Pray tell, if credits unions were so long established, have massive capital, but are or were legislatedly excluded from the ownership and control of Barbados, as a central tendency, how in Obi’s blue oceans could that be?
@Pacha
What is this massive capital the credit union owns?
John2 April 26, 2022 6:50 AM #:” How much elástic in the above?”
@ John 2
🤣 🤣 🤣 😂
The lady is simply amazing.
Haven’t you realized that, no matter the topic or the issue being discussed, she either always have first hand knowledge or knows a relative; friend; a relative’s friend’s cousin, aunt, uncle…… a friend of a friend…… was involved and told her.
David
You will find it deposited in banks but most importantly in its ability to mobilize the savings of a wide cross section of Bajans for economic actions within a transformed framework. We trust you understand how the latter. Is vastly more important than the former in capital formation.
Or is yours a missive aimed at deflecting from our central point which the dictator in chief is preparing to do right now. That is, the selling out of the blue economy to international pirates posing as NGOs.
@Pacha
The lowly blogmaster sought a clarification. Many are confused about what is a liability, asset or capital when discussing credit union business.
“Bajans like things the way they are, have always been. We have no real national commitment to solving intractable problems when an outside solution is available. ”
told her already she has to ringfence all her business plans, information and endeavors with security.
“A national mentality which central plank rests on the notion that your kind of thinking should properly reside in somebody else’s mind.
A mentality which presupposes that your project must be burdened with all manner of historical baggage bedeviling it with the specter of near failure from jump street.”
and of course Pacha, i will ask permission to quote you in my book…a comment just as central in blacksplaining the anti Afrikan mind…
they want Black people to wait their turn which never comes, hence all the BS about emancipation as a journey EVERY DAMN YEAR…decade and century…
@ David
You must admit what has been outlined in Pachamama’s contribution is TRUE.
@Artax
The blogmaster was specific with the query raised.
David
Come on. lLiabilities, assets, capital may represent the same pool. In not necessarily adversarial roles.
@Pacha
You are smart enough to know where the blogmaster is going. The credit union movement is a one billion dollar enterprise and has grown appreciably in recent years. That said the question how credit unions can mobilize capital is one worthy of discussion, however, it is not so straight forward given the ownership of the movement and how it is regulated. We have discussed this matter many times in this space. To be honest, the blogmaster does not have the answers but agree with you, there needs to be a shift in mindset.
Heather….use the email address you have for me if needed, will give you some tips on these crabs…they are well known inside and out…
Bu shows us that people live on different planets. Communications are hampered by differing perspectives agendas misunderstandings habitual patterns and not listening to what anyone else has to say.
It is the same on the social media with larger catchment where movements of nuts start trending.
@ David, all except me are in Bim.
Thanks Heather. The central bank was less than professional then based on your report.
@AOPC, We have made the deposit on a piece of land. When the website is finished we will inform the public.
@Heather
The blogmaster maybe wrong but the fund seems to be targeting existing businesses and not startups. Hopefully you can get some clarification by contacting those names on the document posted.
https://youtu.be/uVAp4zIv6j0
David
None of us is expected to have answers to everything.
Merely understanding the questions better, may suffice.
Heather.
U don’t have to wait for the website you have free advertising/notification of progress right here on BU 👍🏿
You all have a long hard road ahead of you
Keep on pushing.
Here we go again. Clutching at straws. @!Heather is more than right. What we have is a black political managerial class behaving exactly like the former colonial masters , at every given point.
We seem to have lost all shame ,intellectualizing over stark facts and realities that are right there in front of us.
Where is the great rethinking that was supposed to emerge after COVID. Not a single new idea
. Like it or not the only new idea of this administration was @ PlT’s work from Barbados. Two damn elections and not one new idea from this pretty talk administration.
There is no effort to encourage young black entrepreneurs outside of $5000 loans/grants that are usually accompanied by massive political PR.
Quite frankly what can we expect from people who hailed the purchase of garbage trucks and Transport Board buses .
The grand foolishness revised by Arthur now being echoed by Mottley : Try and get a kitchen garden.
Plant something……………………. …
I remember students maintaining gardens at primary school; people have been keeping kitchen gardens since slavery
All is well: garbage was picked up today; the water tanks brought water and electric buses running.
Now go and plant something.
Heather , keep up the struggle , it is not in vain.
We are infested with all kinds of discrimination.
Peace.
” When the website is finished we will inform the public.”
until then, keep everything under wraps…
“What we have is a black political managerial class behaving exactly like the former colonial masters , at every given point.
”
and they think we don’t know……told people they are worst than colonists whom we expect to have those bad intentions, but when they no longer have to pressure the negro class to terrorize, oppress and discriminate against their own people…..then you know your enemy is in Black face…
“The grand foolishness revised by Arthur now being echoed by Mottley : Try and get a kitchen garden.
Plant something……………………. …”
no one is waiting on them, systems are already being put in place to make that second nature for the more vulnerable, depressed areas…
an echo chamber along with Koffi Annan’s old, useless phrase…
Heather will succeed, she will have access to the right information..
Barbadians are amazing
When individuals are groups expectations are low and suffer from low self esteem the inevitable would occur
Govts and the powerful takes control
The minority keeps knees in the majority neck
Occasionally govt looks out and asked for the pressure to be released
Evidence small business settle for 2×4 stalls situated in a flood zone next to the Constitution
While big business secure safe zone in the heights and terraces called Warren’s
Unless bajans get serious about their own self interest the word self empowerment becomes meaningless
David, Heather
Why would it matter who’s in Bim or not.
See wuh uh tell yuh. Leave that godforsaken rock for a minute as Black, then the whole culture looks at you wid uh jaundiced eye.
When White people or elite Blacks are involved it’s an asset to be living somewhere else.
@Pacha
Financial companies/ or managing access to government funds have rules around lending to people who don’t file taxes in a jurisdiction.
William Skinner
This writer is more and more growing to hold the view that Mia Mottley is a plant.
Planted by the globalists to serve agendas. Agendas in keeping with what has occurred before given all the incessant shiiite talk coming out of Washington’s thinktanklandia., as so parroted.
Currently, we are projecting that all her rasssoul blue economy talk will be the next great sell out to foreign interests. Watch it.
Don’t you notice that not a boy, but she, could say much about anything.
Mr Skinner here you go sgain .It is all well and good for you to spout your nonsense about hailing the purchasing of the buses and garbage trucks.You ever had to wait three and four hours for a bus or could not get your garbage collected for four weeks?Although this is expected of a government tje dems who you support was unable to dupply either.This was rectified by the bees in months.I hear you speak of leadership and nowhere was this more visable than during covid where we were able to survive due to astute planning between this government and the health officials which despite some errors made would easily ratr 6 out of 10.On top of that we had the ash fall , a hurricane and numerous other setbacks and we sre still standing.This is clear evidence of leadership.Therefore you stay in the USA and talk shite but tell us who would do a better job.The No Damn Party or the Dead Labour Party.In closing one simple question are bajans better off today than between 2008 and 2018? I believe most bajans feel so.Take your time in answering.I gone.
“When White people or elite Blacks are involved it’s an asset to be living somewhere else.”
they have no shame and would never believe that there are whites and other minorities REPULSED by them and that nasty anti-Black culture……and would give warnings to Black people to avoid it…
This writer is more and more growing to hold the view that Mia Mottley is a plant. Planted by the globalists to serve agendas
Probably the most insightful statement uttered in this here e-rum shop in yearss.
She parrots every single talking point of the Davos set.
When Missing In Action done wid wunna Bim will be unrecognisable.
William…only the weakest links/fowls listen to any of their abrupt, time delayed light bulb moments of parroting others….that’s all they are good for..
.Creatives can see through every one of them, they can’t hide anymore….
just the thought of them with their maliciously dangerous idea of reviving plantation sugar slavery, and having the nerve to publish their latest blighted scam, was more than people needed to realize who the enemy is and know they are on their own…and have to be extremely guarded,,,,
RE: “Evidence small business settle for 2×4 stalls situated in a flood zone next to the Constitution.”
Come on, my friend. As usual, you are being untruthful.
I know you are aware the infrastructural development and construction phases of the new Fairchild Street market project, were discussed at length in this forum. Information about the project was also shared with the forum.
You were involved in the discussion.
Now, for you to make such a malicious statement, clearly indicates the lengths you’re determined to go, just for the sake of criticising.
RE: “While big business secure safe zone in the heights and terraces called Warren’s.”
Is the land at Warrens owned by ‘government’ or the private sector?
@ Pacha
All of them are plants in some form. Interesting Fruendel Stuart was listed as one of Don Blackman’s few friends , in his obituary.
“She parrots every single talking point of the Davos set.”
Oops…..this is thoroughly dissected on certain forums, where everyone knows who everyone is or have personal relationships with them and how they think…….
David
Your kinda thinking is precisely what is wrong with Barbados.
Did the last governments know everything about the taxes of Sandals before the purse of the treasury was asked to not let them pay impositions normally due.
This is exactly our point. A rasssoul Bajan just has to be in Panama overnight before the culture as represented by your ilk will be erecting barriers to entry of all kinds, Wunna even look at dum funny.
@Pacha
You trying to pick a noise based on what? Sandals received concessions. In this case there is a point made about Heather’s group being able to access financing based on qualification, don’t compare apples with oranges. It was a query to possibly understand why her application was dismissed.
Lorenzo April 26, 2022 10:03 AM
Having the garage collected on a timely basis and buses that essentially REPLACED decommissioned units and NOT INCREASE the fleet……. are important……
……. but, let’s be FAIR to Mr. Skinner.
Garbage trucks and buses aside, are the other points he outlined in his comments TRUE or FALSE?
We were told about ‘a new way of thinking’ and developing new ideas post COVID-19.
Could you please provide the forum with any information relative to the conceptualization of any NEW, innovative, policy initiatives?
Has ‘government’ introduced any NEW policies OTHER than the PTL conceptualized ‘Welcome Stamp’ visa that allowed remote workers to live and work from the island?
Has ‘government’ created an environment that is conducive to encouraging and facilitating entrepreneurship among the youth?
After two general elections, the Minister of Finance is yet to articulate any progressive socioeconomic economic policies.
What we often hear are ‘nit bits’ from unelected consultants.
Answer those questions honestly and perhaps you’ll understand where ‘your boy, Skinner coming from.’
Fact being that what the big business can afford have been in parts beneficial to their econonomic success because of years of got help
The small businesses personalways being subjected to the crumbs that falls off govt table
If blacks business had equal opportunities to a level economic playing field over the years
They too would have been able to move at a faster pace like their business counterparts moving into safe zones call greener pastures
“Did the last governments know everything about the taxes of Sandals”:
they don’t care to know, and the reputation was already one of corruption….their main attraction…
even more disgusting and unpalatable, whatever they gave away to Butch he decided that Bajans get too much welfare and it wanted slashing to the level of Jamaica and he went in the newspapers to say that, say he didn’t but never asked for a retraction….
……..that’s the type of demons they attract who have no problem deciding what should and should not happen to and for the majority population…and what they should get and what they shouldn’t. because sellouts are determined that Black Afrikan people should never be in charge of their own destiny and or have a voice in ther survival and existence….nor have access to all the concessions and surplus loans that minorities get…at the people’s expense….
David
So government taxes,
, concessional funding and concessions dont come from the same general place.
Noted. The last words are yours😅
The Enhanced Credit Guarantee Fund.
http://www.centralbank.org.bb/about-us/corporate-social-responsibility/support-for-business/enhanced-credit-guarantee-fund
Who was it that demolished a small business location and in turn had plans of turning over the land to big outside conglomerate called Hyatt
When have any such thing be heard of in Barbados
Such stinking policies breeds of full blown discrimination given power to the high and mighty whilst the lowly business person are stuck as sidewalk vendors or relegated to 2×4 stalls tucked away in desolate bridgetown
My friend, ‘you’re all over the place.’ You’re ‘lumping’ big, small and Black businesses together.
As Andrew Mason would say, “you’re struggling.”
You cannot seriously or reasonably compare big businesses in Warrens, with vendors selling in what you call a “2 × 4 stalls.”
One of the first Black owned businesses in the Warrens area, was ‘Everston Elcock Electrical.’ And, he owns a mall from which space is rented by government and the private sector.
Are you suggesting successive ‘government’ only assist ‘big businesses?’
If so, please provide the forum with examples.
Do you know small businesses make up the majority that has benefited from ‘tax write-offs?’
A government run program of this type must first qualify possible funding recipients and then certify that they merit the funding based on published requirements.
Either the company or entrepreneur qualifies and can satisfy requirements or they don’t and if they fail then reasons must be presented.
The government should not be offering seed capital like this and then be playing discriminatory games to prevent development and growth.
This entrepreneur needs to aggressively revisit the funding application if they believe they have been wronged and do the other practical steps of engaging with their constituency representative and others to highlight the benefits planned.
Of course the road to failure is paved with the best of intentions so clearly the participants must show a track record of success that supports their funding request.
To greatness.
RE: “Who was it that demolished a small business location and in turn had plans of turning over the land to big outside conglomerate called Hyatt..”
Was the ‘Liquidation Centre’ “a small business,” or was it owned by an individual whose hotel was allowed to owe BWA millions of dollars and then went to Court to challenge the disconnection of water service?
Remember, Hyatt was introduced by the former DLP administration and you used countless contributions to defend that project?
RE: “Such stinking policies breeds of full blown discrimination given power to the high and mighty whilst the lowly business person are stuck as sidewalk vendors or relegated to 2×4 stalls tucked away in desolate bridgetown.”
NONSENSE!!!!
AC
Wasnt hyatt hatched under the dlp and with UR support?
Here we go as usual.
Don’t mind them, if all the crooked minority businesses were so successfully they would not have had to write of 1 BILLION DOLLARS in stolen VAT that is now added to the deficit of approx 6 billion dollars…
William….we got their number they can’t hide, for decades they have lied and begged to get free money, remember greedy bizzy “gimme 60 millions dollars AND the water authority “…they all got the “gimme” mentality like they are entitled to what is not theirs…
the last ones that we know of are the deceitful manufacturers….never miss an opportunity to hit up the treasury and pension fund that never gets repaid…..how many hundreds of millions to BILLIONS are the people out now?.
but the clowns at the very bottom love to tag these frauds and thieves as successful business people…….successful in ripping of the people….for sure….with the help of their enablers..
“Don’t mind them, if all the crooked minority businesses were so successfully they would not have had to write of 1 BILLION DOLLARS in stolen VAT that is now added to the deficit of approx 6 billion dollars…”
~~~~~~~~~~~~~~~
You’re MISLEADING the forum by giving the false impression that the tax write-offs were extended specifically to ‘minority owned businesses’ ONLY……..
…….. when, in actuality, it was applicable to individuals who owed taxes and ALL sole proprietors, partnership and corporations whose taxes REMAINED UNPAID during the specified period.
Do we need to remind them of the 48 MILLION DOLLARS the treasury nearly took a BIG HIT….because of a vaccine scam by the …what did they call him again, Mrs. Maloney’s husband….ah think they said he was a billionaire or some such rubbish, most successful at business in Barbados if not the world according to them…, anyway they said he was unstoppable….me thinks that was right up to until an entertainment company was assiduously sought out to procure vaccines….the rest is history…and i have not heard the BIG BOAST since…
there ya have it, the most successfully, according to the BU posters, business people in Barbados….lawd…..won’t want them judging nutten of mine…
We too love sport.
recall the last “guarantee” programme offered by the GoB?
we are told it cost taxpayers BDD$124M, and the ‘body in charge’ has recently been announced as a World Bank advisor for Caribbean Affairs. Tantamount to a former CEO of the beleaguered NIS getting the nod to be Director of Finance. BTW…whatever happened to White Oaks?
The good news, is lenders will not axed (not asked) until they have 10 guarantees ‘go bad’.
Just mek sure you doan buy nah land, causin fixed assets are collateral. Or effin ya do, buy it from yaself, for nuff more than it worth. And pay fah it using a corporate Bond!! Failure leads to success, learn from the examples set.
@Heather…..find a shell company, which has been incorporated a for a few years.
“This action is discriminatory, and it says that the ordinary man in Barbados does not have ideas that can be utilized in the creation of a blue economy, and nothing can be further from the truth.”
Discrimination? Anyhow I pea-brained, so I gine drink watuh, mind muh bizness and watch grown folks encourage foolishness.
@WW&C
Do we need to remind them of the 48 million dollars the treasury NEARLY took a big hit. NEARLY? I thought it was $88 MILLION? You can use that number next week…. LOL And don’t forget. Radical is an OFFSHORE company, I know you are an expert on those.
Wait. Whatever happened to your English friend with the long finger nails you used to post videos from almost daily? She has to be in one of your books.
“Radical is an OFFSHORE company, I know you are an expert on those.
Wait. Whatever happened to your English friend with the long finger nails you used to post videos from almost daily? She has to be in one of your books.”
Northern…..the land matters were generalized in my first book, hope the Blogmaster sent you a digital copy…i actually learned quite few more and other things about the overall land/estate thefts, so generalization was the best course to alert people to what to expect if they think these won’t rob them blind…lol..
Jackie is doing great last time i heard her….
am just wondering if St. Lucia ever got back their 7 million dollars from the RADICAL………
https://barbados.loopnews.com/content/govt-yet-collect-ec-5-million-radical-investments-0
I want to know how many Black people in Barbados outside of yardfowls and hangerson owe treasury or pension fund anywhere from one million to ONE BILLION DOLLARS….the first company i heard did not pay in the VAT was Courts…..years ago and the figure given…was either 25 or 35 MILLION DOLLARS….
“I thought it was $88 MILLION? ”
Northern….after the calculation Theo did, it approached 24 million US….but am sure there are figures still missing because according to what some said much later, we did not get the whole story and i tend to believe that as it pertains to the exact figures…
Northern….thanks for the link, i was just about to post that since the Covid rush where all the oligarch….yes, that is what they were calling that clown…..saw it right here on BU, the description for CROOKS….
everybody was sitting at round tables aspiring to be vaccine tsars…but now ALL THEIR NAMES are MUD…no one wants anything to do with any of them anywhere…
can’t believe they refused to repay St. Lucia…..that’s the “successful” minority business people in Barbados for ya…lol
@WW&C
so you know….Courts (Department Store) went into Administration (England), otherwise known as Chapter 11 or Bankruptcy Protection elsewhere, in the early 2000’s. When it emerged, the operations in the Caribbean and Central America were bought by Unicomer, which is listed as an El Salvador group, but is actually owned out of Mexico. It was the bankruptcy proceedings which led to the non-payment of monies owing ‘all ovah de place’, including VAT and other taxes in Barbados.
Have to thank Blogmaster for sharing digital copies of my book with the BU family, never got around to it, sorry, my bad…
“It was the bankruptcy proceedings which led to the non-payment of monies owing ‘all ovah de place’, including VAT and other taxes in Barbados.”
i got that, but they since sold the company to another Latinx group, was the 25-35 million dollars REPAID….oh, i forgot, they WROTE IT OFF…after the sale of the company….
In today’s local news two business conglomerates at each others throats over back rentals due
Kerri Symonds decides he would stick his nose in the problem
Wouldn’t be surprised if govt use a back door method of paying off the rent
With no opposition to check on how govt does business
Govt can do as it pleases
actually it (monies owing) were ‘written off’ BEFORE the Administrator sold off the different packages of companies.
Barbadians top UWI regional business plan competition – Barbadians top UWI regional business plan competition:
https://barbadostoday.bb/2022/04/26/barbadians-top-uwi-regional-business-plan-competition/
Check your dates again Northern, I am remembering that company sold before this government entered the picture, i kept abreast of it for a while to see if any money was paid…….maybe you have access to dates…
AC
Get your facts straight ITS a small business black that ole the rent
What is strange is St. Lucia not bringing in agencies to investigate, i guess attorneys will guide them especially if they hear self-serving crap like…well, you knew the risks…only scams have those types of risks….and these always believe every Black person they meet is as docile like those in Barbados…
This article is not meant to shame anyone but to create awareness that will bring about the much-needed change. This is the second time that I have noticed of late that opportunities in business that fall under state own enterprises discriminate against a wide cross section of the Barbadian public.
Xxxxxxxxxxx
HEATHER YOU OR SOMEONE ON YOUR TEAM MUST BECOME CLOSE TO THE ADMINISTRATOR OR ADMINISTRATORS OF THESE PROGRAMS TO HAVE A CHANCE.
ONE MUST ALSO BE WILLING TO GREASE THE WHEELS TO “GUARANTEE” SUCCESSFUL FUNDING OR CONTRACT.
IF YOU DIDN’T KNOW THAT IS HOW IT IS DONE WHERE COW, BIZZY OR BLACK BUSINESS PERSON ON THE 2 X 3 ISLAND.
ANYTHING ELSE IS WISHFUL THINKING UNLESS YOU ARE LOOKING FOR THE 5000 LOAN OR GRANT, WILLIAM SKINNER MENTIONED AS STARTUP PEANUTS TO THE MAJORITY POPULATION.
The process as outlined from links posted is that application for a loan under the guarantee scheme by Central Bank/IADB is via commercial banks listed.
“want to know how many Black people in Barbados outside of yardfowls and hangerson owe treasury or pension fund anywhere from one million to ONE BILLION DOLLARS….”
~~~~~~~~~~~~~~~~~
The FACT REMAINS that SEVERAL individuals, small, medium and large sized businesses BENEFITED from the tax write-offs.
You’ve essentially ‘bandied about’ an UNSUBSTANTIATED amount of $1B and MALICIOUSLY associated it SPECIFICALLY to businesses owned by minorities in the island.
The problem with you is, ‘you are a BLUFFER.’ You BLUFF your way through discussions by mixing lies, hearsay and assumptions with ‘bits and pieces’ of the truth.
And, as a contributor ‘said,’ “all bluffers will be caught.”
PHONE DOING FUNNY THINGS
IF YOU DIDN’T KNOW THAT IS HOW IT IS DONE WHETHER DECEASED COW, BIZZY OR BLACK BUSINESS PERSON ON THE 2 X 3 ISLAND.
Look Wuh they saying about Kerrie sticking his nose in Private business problem
Really
With so much problems govt having to solve govt adding one more
Why didn’t govt intervene to help the Hilton workers receive their outstanding dues ASAP
But No. !Two big businesses at each other’s throat and presto govt makes way to solve
Private corporations unlike govt demands or else
Govt doesn’t demand but breaks promises and hand out quick giveaways
Hope govt not planning to help this gas station pay off the long overdue debt
As all have seen govt fast tracked willingness to be benevolent masters when private businesses have financial problems and govt opened hand with tax waivers and tax breaks and buying out of stock products
Not bout here again please uh begging
Northern…..Radical famous enuff….lol..
..i warned them they did not know where the words oligarch and tsars originated but they thought they had it made, using something to big up themselves where they don’t know the reason for its being….ah guess a couple “bluffers” already got caught…and many more to come, take time Barney…
@ NorthernObserver
On November 4, 2012, Caswell Franklyn posted a contribution to BU, in which he mentioned:
“……….. an officer discovered that Courts Barbados Ltd. was not paying in the VAT. An investigation was carried out and an assessment of $25 million was made against the company. The file was taken away from the officer and she was reassigned other work. The assessment was never pursued.”
@Artax
On a related matter to enforcement of tax collection by BRA- was Leroy Parris asked to pay VAT on the 3 million gratuity payment he invoiced himself via Thompson Associates?
@ David
I haven’t seen any information recently relative to how that ‘transaction’ was handled.
“The problem with you is, ‘you are a BLUFFER.’ You BLUFF your way through discussions by mixing lies, hearsay and assumptions with ‘bits and pieces’ of the truth.
And, as a contributor ‘said,’ “all bluffers will be caught.””
There are some nice people +
There are many nasty people
Most here are the latter category
The process as outlined from links posted is that application for a loan under the guarantee scheme by Central Bank/IADB is via commercial banks listed.
Xxxxxxxx
DOESN’T MATTER IS IT NOT A HUMAN BEING MAKING THESE DECISIONS. NOT A COMPUTER?
what am i saying, not a couple “bluffers” it’s more like a few, more like 5 in all, i know at least 3 low level “bluffers” emphasis on low who also got exposed recently, but more at the social media level….so they don’t even count, but people know about them..
When they stop trying to mix me in with the lying politicians and their crooked partners, trying to project their CRIMINAL HEROES/zeros they admire, respect and protect, on to me, they will see that they themselves are the real bluffers…
Bluffers Gate now. Look out.🤣🤣🤣
You SWORE on MANY OCCASIONS you DON’T READ my contributions.
There yuh go………. Bluff # 1.
CAUGHT!!!!
@Artax
I suspect CF knows. His comments suggest the tax debt was at least discovered (and incurred) post the Unicomer acquisition (circa 2007?). In other words, it was not negotiated away at the time of the bankruptcy proceedings. (which is common). Another possibility, is they were owed monies by the GoB/Inland Rev-BRA, and took it upon themselves to recoup these monies by not remitting VAT.
Northern…did you find out the date Courts was sold?
was it before or after June 2018? can’t find the info online.
“and took it upon themselves to recoup these monies by not remitting VAT.”
and every other crook can take it upon themselves to use that same excuse…so if that’s the case, what is the reason for writing it off right?
bonne nuit.
@ NorthernObserver
I think the acquisition was sometime during December 2006.
There aren’t any laws permitting businesses that are owed VAT refunds to cease or withhold remitting returns to IRD/BRA until such refunds are paid.
However, it is possibility the company remitted VAT returns, but withheld payments due.
@ Lorenzo April 26, 2022 10:03 AM
(Quote).
This is clear evidence of leadership.Therefore you stay in the USA and talk shite but tell us who would do a better job.The No Damn Party or the Dead Labour Party.In closing one simple question are bajans better off today than between 2008 and 2018? I believe most bajans feel so.Take your time in answering.I gone.
(Unquote).
+++++++++++++++++++++++++++++
Dear Lorenza, the No.1 cheerleader for the red-painted brigade side of the Duopoly, don’t you think it’s time you stop putting salt in the Dems gaping wounds while you continue to kick that poor party currently comatose to the ground?
That Damn(ed) Lying Party is worse off today than a wayward old sheep confronted by a wild pack of 30 hungry Bajan salmon-tot retrievers all painted in RED.
When are you going to come to the stark realization that the only difference between the Twiddling Bees and ‘them’ Tweddled Dems is the colour of the underclothing they wear while sleeping in the same political bed infested with chinks of common corruption and deceit.
What the likes of you and your sidekick “Enuff” ought to be commenting on is the volte-face act of your leader to recommend, in the highest commending of manner, the same architect of the destruction of the Bajan economy.
Do you and your sidekick agree with the ‘selection’ of Sinckler to that senior position of financial advisor at the World Bank with special responsibility for oversight of the economic performance of ‘failing third world nations’ like Barbados?
First it was Malmoney, the previous financing godfather of the Dems; now it is Stinkliar the architect of the pyramid of destruction of the Bajan economy.
Who will be next? The Most Honourable Lord Fumble Stuart as Ambassador to the well-known talk-shop known as the UN?
@Artax
You are correct.
It is like central government “filling out the NIS paperwork for employees”, deducting from payroll, but not remitting the deductions to the NIS?.
Once tax refunds reached a certain level, esp if the filing entity also had large A/R from public bodies, companies would file, but not pay.
It was as the Cubans might say, a ‘special period’ in the islands history.
@ NorthernObserver
It was the norm for SOEs to complete and remit NIS schedules, but withhold both EE and ER contribution payments, depending upon, for example, ‘cash flow’ constraints of the NIS Vote and while awaiting a supplementary grant.
However, NIS will honour payments of sickness, injury, maternity leave etc, benefits to employees.
A business filing VAT returns by the stipulated deadline, without payments, because of being owed a refund, or “had large A/R from public bodies,” still incurs interest and penalties on their outstanding commitments to BRA.
@Artax
If there was ‘consideration’ given to what we call Courts should it demand a public disclosure to taxpayers?
Miller…am sure by now you heard about the high court hearing to list certain individuals/entities as TERRORISTS, which they are obviously trying to cover up because these are not BLACK PEOPLE in their distorted world view…
….well there is information trickling out about some individuals in the minority clans deemed “successful” business people in Barbados, who are often allowed to suck on loans, the treasury AND the pension fund…..it’s all in the details…
dare we ask if any of it is true…..the fowls and political pimps might have answers.
“When we look at the real estate sector in barbados we see an emerging trend where islamists or Muslims in barbados are using the same proceeds from terrorist financing and laundered monies to buy up properties all across the length and breath of this country and invest in the used car and merchandising businesses where are they getting the monies from this trend needs to be investigated and curtailed mean while they now become privileged economic citizens who are above the law despite the obvious that’s being overlooked by goverment law enforcement and other financial regulators and watch dogs a lot of thus money us transferred through the Syrian fmoney transfer networks and comes from Lebanon Damascus and the like proceeds of terrorist financing drugs and guns and other types of money laundering.
They live in paradise over here come here from all over the world and pay protection money to authorities to turn a blind eye to their criminal deeds.”
And it’s noted that the majority Black population have NO PROTECTIONS against any of this, we would not even know details if the US did not seek to have these people watched ….
That was Courts and 25 million dollars…..to be deducted from ONE BILLION DOLLARS in outstanding nonpayment now written off…
…so what about the others who REFUSED to pay in the VAT and caused a ONE BILLION DOLLAR DEFICIT now attached to the taxpayer’s burdens…
@ David
Yes, there “should be public disclosure to the taxpayers.”
Transparency demands a list of those individuals and businesses that benefited from the tax write-offs, should have been made available to the public.
Information relative to whether or not Courts owes the GoB $25M, should be in the public domain as well.
If I owed Courts money, they would explore any means necessary to recover what is due to them, including sending ‘debt collectors’ to my home or workplace…… and my personal information to the credit rating agencies, making it difficult for me to access loans or other hire purchase financing.
@Artax
Enough said.
@Artax
You play by the rules.
Several do not.
At times, survival demands creativity.
Yup! I am certain I bought SOMETHING from Courts during that period. I think I deserve to know what happened to the VAT I paid under the impression that it was going to the government.
VAT, unlike income tax concessions or write-offs is money collected from people. In my opinion, no government has the right to give MY money to Courts. Effectively, they advertised one price and got to charge me a 15% higher price after the transaction was complete.
I do not see how that could be legal. VAT write-offs should be illegal.
And now, Donna is going to open her big mouth and say something that may get her cussed AGAIN.
“This [post] is not meant to shame anyone but to create awareness that would bring about the much-needed change.”
I was all set to take the plunge and join in this co-operative agricultural venture but now I hesitate because my confidence has been severely dented by the seeming inability of some to understand that a meeting turn and a “blessing circle” are two different things.
Meeting turns or sous sous are based on sound reasoning and simple arithmetic. They work.
Blessing circles are nothing more than Ponzi schemes. They are based on flawed reasoning and impossible “arithmetic”. They are doomed to failure, eventually because they assume an unlimited number of “investors”.
Common sense should have told Heather that something cannot come from nothing! One cannot grow an “investment” without producing SOMETHING for sale or offering a service at a price.
If this is the kind of business acumen at the head of this co-operative, then it is doomed to fail just like a ponzi scheme.
Recently we heard from officials that there is a lack of financial awareness and knowledge among Barbadian would be entrepreneurs. This is being singled out as one of the main reasons that many businesses fail. Help is being offered in this regard.
That so many Bajans were taken in by blessing circles and cannot be convinced as to why they WILL fail is a shocker to me.
Does Heather even now understand that her “meeting turn” was a Ponzi scheme?
My money is not burning a hole in my pocket. I plant potatoes. They grow and I reap but I will not bury my money in the ground in expectation of growing a money tree. Never seen one of them yet!
So…does this co-operative have the wherewithall to convince any lending scheme that it knows how one makes money “grow”?
Just saying.
From my understanding the co-op is different from the ponzi
I am some what not In agreement with borrowing (at this stage )
I would support the co-op
You never seem able to understand what I am saying. I am well aware that they are two different projects.
I am questioning the business acumen of a person who does not understand the difference between a meeting turn and a Ponzi scheme. I am questioning the business acumen of a person who does not understand why a Ponzi scheme cannot work.
A person does not change in business acumen when she moves between projects. She carries her faulty financial reasoning with her wherever she goes.
Sigh!
She May be the founder/ president / what ever her title may be ……. My understanding is the the co_op will be run by a board
Ps
My comments are not made with any intent of trying to convince you to do anything .
Just sharing my views
To each his own
ANY influence she would have over my financial endeavours would be too much for me.