Daily Brief - Wednesday 20th March, 2019

NEWS

Man ordered to repay millions to ex-employer

A FORMER manager at SuperPharm Ltd has been ordered by a High Court judge to repay the company in excess of $2 million that he allegedly defrauded it during the course of his tenure, by way of deception or misrepresentation. Read more…

Judiciary workers stay away again, but less delays

Mem­bers of the pub­lic who were in­con­ve­nienced by a protest from Ju­di­cia­ry work­ers on Mon­day had to face sim­i­lar is­sues yes­ter­day, as pub­lic ser­vants ex­tend­ed their protest to a sec­ond con­sec­u­tive day. Read more…

 

POLITICS

AG rubbishes building rental impropriety claims

Hyp­o­crit­i­cal!

That’s the ac­cu­sa­tion from At­tor­ney Gen­er­al Faris Al-Rawi re­gard­ing Op­po­si­tion leader Kam­la Per­sad-Bisses­sar’s com­plaints about him own­ing prop­er­ty at 3 Alexan­dra Street, Port-of-Spain, which was rent­ed by Gov­ern­ment. Read more…

 

BUSINESS

Shell take US$190m T&T impairment

ROYAL DUTCH Shell reported last week that it more than doubled the earnings of the segment of its business that includes T&T in its 2018 financial year. This was despite a US$190 million impairment charge on its T&T operation in the fourth quarter of last year (Q4 2018). Read more…

 

Exporting farmers face new certificate

LOCAL farmers who focus on exports may face a new non-tariff phytosanitary barrier, several speakers at a Caribbean Industrial Research Institute (Cariri) press conference confirmed on Friday. Read more…

 

REGIONAL

Minority Shareholder Wins Fight To Keep Cable & Wireless Shares

Minority shareholders in Cable & Wireless Jamaica, a tele­communications firm that went private last year and delisted from the stock exchange after a buy-out offer, can keep their shares for now, according to a Supreme Court judgment issued on Friday. Read more…

GECOM Chairman tells President no elections before late November

With one more day before Guyana enters uncharted Constitutional waters, the rift at the Guyana Elections Commission (GECOM) has widened even further.
Yesterday, GECOM Chairman, Justice (Ret’d) James Patterson, advised President David Granger that the earliest General and Regional Elections can be held is late November. Read more…

 

INTERNATIONAL

Cyclone Idai: Mozambique survivors desperate for help

So far 200 people have been confirmed dead in the southern African country, but the death toll could be much higher. Read more…

Brexit: Theresa May vows not to delay departure beyond June

Theresa May has written to European Council President Donald Tusk to formally request a delay to Brexit beyond 29 March. Read more…

 

20th March 2019

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