Please discuss for 15 marks.
While we pontificate on what foreign nations, may or may not do, our Auditor General is now 19 months past that Offices last Report. The NISSS, has increased rates, while 5 months past its first Birthday, with nothing to say to its owners about its condition and performance.
Northern Observer
The calls for diversification defy the reality we cannot manage what we have.
Well over a year ago, cheers erupted for we were transitioning sugar manufacturing and marketing assets, to the Co-op industry. The deal still hasn’t closed.
What we are good at, is announcing new Hotel construction. A recent one in Holetown, to be developed by ICBL, a locally listed company which has caught the reporting-itus of Gov’t. Shareholders last saw a report in the third quarter of ’23. A statement is due. When?….one can only guess.
Apparently, something is afoot at Paradise. There remains little clarity as the who owns the land. Or what this means to the $124M [Clearwate Bayr] which Gov’t attempted to write off, amidst objections from the Aud Gen office.
Another strong suit is borrowing. Yet we were forewarned the pool of available funds have shrunk.
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