Providenciales, TCI, October 14, 2016 – A row over work permits and reports that the Immigration Board is about to put some companies on notice for not hiring Belongers for job positions when they can, has erupted. Among them is Digicel, which is now the subject of some public scrutiny after a reported seven people, including six natives were let go this week from the telecommunications company following a company restructuring which led to a redundancy.
Magnetic Media is informed that the Labour Department is still working with the ex-employees of Digicel to ensure their severance compensation packages are fair.
It is not illegal to make staff redundant, TCI law makes provision for it and outlines what each staff is due based on time and tenure and employee contracts. Digicel issued a media statement, but did not confirm how many staffers were made redundant. What their statement did say, was why they laid off people and then shifted to Turks and Caicos Islanders who have been promoted within the organization.
Sinead O Marcaigh, CEO of Digicel said, “…we have been investing heavily in our networks and processes in the TCI over the past three years. This investment sees us restructuring our business to keep putting our customers at the heart of everything we do, which in turn will mean better customer service, faster response time and integration of all products and services into a streamlined highly functional organization. The restructuring process has naturally resulted in a small number of roles being made redundant.”
Digicel says Denise Saunders of South Caicos and Louis Cesar, former weather caster in Provo are now both promoted to Directors within the company. Saunders is now the Sales Director, while Cesar is the Propositions Director.
Still, former Premier Michael Misick and candidate for the next elections in a late night media statement said: “The recent decision by Digicel to terminate the employment of a number of Turks and Caicos Islanders, while retaining the majority of their expat workers is an insult to Turks and Caicos Islands and its people. This is indeed a dark day as the efforts of TCI Governments to ensure that we have one of the most educated populations per capita, has been frowned on by a CEO who is ironically on work permit.” Michael Misick is asking Digicel to give the islanders their jobs back.
It was said that head of the Immigration Board, also an at large candidate in the upcoming General Elections, Sheba Wilson has paid Digicel a visit and given the company a firm warning. Some charge that it is a partisan or politically motivated move by Wilson.
No official release has been issued by the Ministry of Border Control & Labour.
Brave presentation in defence of Bahamas’ financial services reputation by PM Davis
By Sherrica Thompson
#TheBahamas, October 1, 2022 – Prime Minister of the Bahamas Phillip ‘Brave’ Davis is again calling for equality in the financial services sector and for the United Nations to leverage its universal jurisdiction for greater oversight of global anti-money laundering de-risking and tax cooperation matters.
In addressing the United Nations General Assembly on Saturday, September 24, Prime Minister Davis said the Bahamas is one of the best-regulated countries in the world, yet it has been under attack by international bodies and placed on the Organisation for Economic Co-operation and Development (OECD) blacklist while transgressions in the developed world are ignored.
He questioned why this was the case and highlighted some disparities in the financial sector.
“Why is it that European states that operate frameworks akin to that of high-risk or blacklisted countries, are not even eligible for inclusion on these lists? Why are all the countries targeted – all of them – small and vulnerable, and former colonies of European states? We find it astounding that the $2-$3 trillion dollars which is estimated to be laundered each year through the developed countries, are never flagged as causes for concern,” articulated Phillip Davis, addressing the 77th session in New York.
Prime Minister Davis further noted that there are elements of racism in the decision-making when it comes to regulating black-governed countries in the financial services sector. He also declared that black-governed countries matter as well.
And yet my country, which is widely recognized as one of the best-regulated countries in the world, and other countries like The Bahamas, are singled-out for such reputational attacks? The robust regulatory regimes of our Central Bank, Securities Commission, and Insurance Commission, are chastised on minor details of technical process, while much bigger transgressions in the developed world are ignored.
The evidence is mounting, that the considerations behind these decisions have less to do with compliance, and more to do with darker issues of pre-judged, discriminatory perceptions. Black-governed countries also matter.”
Davis also highlighted the need for reforms that apply to all in the global financial system.
“Mr. President: We support the call for reforms in the global financial system to make it more relevant to the needs of today. But those reforms need ambition. They need to go beyond the incremental. And they need to apply to all. For example, the community of international financial institutions are in a position to forgive the debt incurred by the economic shutdowns during the COVID-19 pandemic. They should do so.”
Will US President Biden deliver on Climate Change funding?
By Dana Malcolm
#USA, October 1, 2022 – US President Joe Biden has reiterated his promise that low income countries, which are also low carbon emitters will receive increased climate aid from the US to the tune of $11 billion per year.
The President was speaking at the 77th session of the United Nations General Assembly recently where he maintained his administration was working with Congress to get the funds which would ‘help lower-income countries implement their climate goals and ensure a just energy transition.’
The plan was announced in September 2021 and is a reflection of the USA’s part in the 2010 global pledge made by developed countries to give $100 billion annually in climate financing to developing nations each year. Biden has indicated that the plan will be in effect by 2024.
While he stressed at the UN that the need is ‘enormous’ the President is having trouble convincing lawmakers at home. So far the funding which must be approved by Congress has not materialized. The United States Congress is known for having a particularly tight hold on the national purse in regards to climate change funding.
In fact congress dedicated only a little over $1 billion to climate change this year according to Bloomberg. The US also has a history of promising funding for climate change but not delivering on those high priced promises.
Whether this $11 billion will actually get to nations like those in the Caribbean region is yet to be seen.
This year, the General Assembly heard from 190 speakers, including 76 Heads of State, 50 Heads of Government, four Vice-Presidents, five Deputy Prime Ministers, 48 Ministers and seven Heads of Delegations according to General Assembly President Csaba Kőrösi as he summed up the first in-person General Debate since the start of the COVID-19 pandemic.
Hurricane Ian impact on Cayman Islands
By Sherrica Thompson
#Cayman, October 1, 2022 – The Cayman Islands experienced fierce winds and high seas from Hurricane Ian on Monday, as the storm passed offshore, causing little lasting damage.
Some areas on the island experienced flooding as low-lying condo complexes and some residential back roads were inundated with water. Almost 4,000 homes were without power on Monday; however, most had electricity restored by the evening.
There were also no reports of any injuries, deaths, or serious structural damage. The country started its restoration process on Monday afternoon, clearing debris from the roads, surveying the damage and providing support to residents where needed.
“While we have been very fortunate to have been spared the worst of a potentially very serious storm, I’m extremely pleased to have seen the efforts made by the Caymanian public to prepare for ‘the worst, while praying for the best. In this situation, this is simply the safest, most strategic thing to do,” the Premier said
Despite the all-clear being issued on Monday evening, the Ministry of Education announced that government schools will remain closed to students until Wednesday, 28 September.
Meanwhile, in Cuba, authorities have declared emergencies in six areas, with forecasters warning of storm surges on the coast along with flash floods and mudslides.
Tens of thousands of people were told to leave their homes and seek shelter. Cuba could see up to 12 inches of rain from Hurricane Ian.
Hurricane Ian dramatically intensified and is blamed for at least two dozen deaths in Florida; where the storm struck with near category five force winds and a near 20 foot storm surge.
Over 700 rescue operations were activated in Florida in the aftermath of the storm, which is still wreaking havoc in the U.S.
Cayman photo credit: RC Cord
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