分类: business

  • Republic Bank (Grenada) Ltd: Notice of Annual Meeting of Shareholders

    Republic Bank (Grenada) Ltd: Notice of Annual Meeting of Shareholders

    Republic Bank (Grenada) Limited has officially announced its Forty-Second Annual General Meeting (AGM), scheduled to take place on Thursday, December 18, 2025, at 9:00 a.m. The event will be held at the St. Andrew’s Conference Room, located within the prestigious Spice Island Beach Resort in Grand Anse, St. George. Shareholders and stakeholders are invited to attend this significant gathering, which will address key matters such as corporate governance, financial performance, and dividend distribution. For those unable to attend in person, provisions for proxy voting have been made to ensure all voices are heard. NOW Grenada, the media outlet sharing this notice, has clarified that it is not responsible for the opinions, statements, or media content presented by contributors. In cases of abuse, a reporting mechanism is available. This AGM marks a pivotal moment for Republic Bank (Grenada) Limited as it continues to strengthen its position in the financial sector.

  • Century 21 Grenada vacancy: Real Estate Project Coordinator

    Century 21 Grenada vacancy: Real Estate Project Coordinator

    Century 21 Grenada has announced an exciting opportunity for professionals to join their team as a Real Estate Project Coordinator. This role is pivotal in supporting the company’s expanding operations and ensuring seamless project execution. The ideal candidate will be responsible for managing project calendars, coordinating property viewings, and preparing detailed weekly reports and dashboards. Additionally, the coordinator will play a key role in lead-generation and marketing campaigns, liaising with internal teams and external vendors, and maintaining essential documents and communication logs. The position also involves assisting with promotional events and community initiatives, making it a dynamic and multifaceted role. Applicants must possess strong organizational skills, attention to detail, and excellent communication abilities. Proficiency in Microsoft 365, a team-oriented mindset, and a valid driver’s license with at least two years of experience are essential. Candidates should hold an Associate degree in Business Administration, Project Management, or a related field. Interested individuals are invited to submit their resume and cover letter to [email protected] with the subject line ‘Real Estate Project Coordinator’ by the deadline of December 15, 2025. NOW Grenada, the platform hosting this announcement, clarifies that it is not responsible for the opinions, statements, or media content provided by contributors and encourages reporting any instances of abuse.

  • EMA seeks public’s views on proposed Rocky Point hotel

    EMA seeks public’s views on proposed Rocky Point hotel

    The development of a new 200-bed luxury hotel on Tobago’s scenic southwest coast has advanced significantly, with the Environmental Management Authority (EMA) initiating a public consultation phase on November 21. The EMA has invited public feedback on the Certificate of Environmental Clearance application for the proposed Marriott Hotel at Rocky Point, Mt Irvine. This marks a pivotal step in the project’s journey toward realization. John Aboud, Chairman of Superior Hotels, the company spearheading the initiative, confirmed that the Environmental Impact Assessment (EIA) has been completed and submitted following an extensive and costly study. The process included three public consultations in Tobago, ensuring local voices were heard. The EMA has set a deadline of December 12 for written objections, with the EIA available for review at various public venues. Aboud emphasized that the project has been meticulously planned to address environmental and conservation concerns, including preserving the historic fort at the site. He highlighted that the hotel aims to enhance the area’s appeal as a tourist destination while respecting its natural and cultural heritage. Despite concerns raised by environmentalists and conservationists, Aboud assured that the project aligns with their goals of preserving the site’s value. Activists have yet to comment publicly, opting to review the EMA application first.

  • Babwah: Trinidad and Tobago could be ‘dumping ground’ for used vehicles

    Babwah: Trinidad and Tobago could be ‘dumping ground’ for used vehicles

    Visham Babwah, President of the Trinidad and Tobago Automotive Dealers Association (TTADA), has voiced significant concerns regarding the government’s recent decision to extend the permissible age for importing foreign-used private vehicles. The new policy, announced by Minister of Transport and Public Aviation Eli Zakour on November 20, allows the importation of vehicles up to eight years old, a notable increase from the previous three-year limit. Additionally, the permissible age for light commercial vehicles, pickups, and panel vans with diesel engines has been raised from seven to ten years.

    Babwah, who also serves as CEO of P&V Marketing Co Ltd, criticized the move, warning that it could position Trinidad and Tobago as a ‘dumping ground’ for older, less reliable vehicles. He emphasized the potential environmental and safety risks associated with importing vehicles that may have already exceeded 50% of their lifespan. ‘In 2010, we successfully lobbied for a six-year limit because vehicles older than that are often unreliable and harmful to the environment,’ Babwah stated.

    While acknowledging that cheaper vehicles might appeal to some consumers, Babwah cautioned that older cars could pose significant financial and safety challenges. He highlighted potential issues with financing and insurance, noting that banks and insurance companies are often reluctant to support vehicles nearing the end of their lifespan. ‘People would have to conduct extensive checks on these vehicles, and they might face difficulties securing loans or comprehensive insurance,’ he explained.

    The decision has sparked debate over its potential impact on the local automotive market and the broader implications for road safety and environmental sustainability. Babwah questioned the rationale behind the policy shift, stating, ‘It was announced in the budget that the permissible age would move from three to six years. I am not sure who advised the Minister to increase it to eight.’

    Minister Zakour also mentioned that Trinidad and Tobago currently lacks a legal framework for the recognition, registration, and regulated use of classic, antique, and vintage vehicles, further complicating the issue.

  • PM holds ‘productive’ talks with Nutrien amid shutdown

    PM holds ‘productive’ talks with Nutrien amid shutdown

    Prime Minister Kamla Persad-Bissessar of Trinidad and Tobago recently convened a high-level meeting with Nutrien’s top executives, including President and CEO Ken Seitz, Senior Vice President of Nitrogen Operations Dean Perkins, Vice President and Managing Director of Nutrien Trinidad Edmund Thompson, and Manager of Government and Industry Affairs Nneka Mentore. The meeting, held on November 21, also included Energy Minister Dr. Roodal Moonilal and NGC Chairman Gerald Ramdeen. This engagement followed Nutrien’s phased shutdown of its Point Lisas Estate operations, which began on October 23 due to port access issues and unreliable natural gas supply, leaving nearly 600 workers unemployed. Nutrien, a major exporter of ammonia to North America, has been a significant contributor to Trinidad and Tobago’s foreign exchange earnings. The government emphasized its commitment to safeguarding jobs and fostering continued investment in the energy sector. Energy Minister Moonilal reiterated the government’s open-door policy with Nutrien and other energy companies, signaling readiness to discuss future investments and projects. Meanwhile, NGC Chairman Ramdeen noted that the shutdown has spurred increased output from other companies at the Point Lisas Industrial Estate.

  • Sandals to convert Emerald Bay into Beaches resort in $100m redevelopment deal

    Sandals to convert Emerald Bay into Beaches resort in $100m redevelopment deal

    The Bahamian government has inked a heads of agreement for the $100 million first-phase redevelopment of the former Sandals Emerald Bay into Sandals Beaches Exuma. This ambitious project is set to create 450 jobs during construction and over 900 permanent positions once the resort is fully operational. The redevelopment will enhance room occupancy from two to 4.2 people per room, catering to a broader demographic. Sandals executive chairman Adam Stewart revealed that extensive deliberations took place regarding whether the property should adopt the adults-only Sandals brand or the family-oriented Beaches brand. Initially, the Beaches brand was favored, but Sandals’ superior marketing influence at the time led to the resort’s launch as Sandals Emerald Bay in February 2010. Stewart assured Bahamians that the new venture would be a remarkable investment, promising a water park, pickleball, archery fields, and a fully operational Greg Norman golf course. The resort will also feature ten new restaurant concepts and a 15,000 sq ft banqueting and events conference center. The project is slated to go to tender in the first quarter of 2026, with construction expected to commence shortly thereafter, aiming for completion by the end of 2027. Prime Minister Philip ‘Brave’ Davis highlighted the resort’s transformation into a family-focused destination, projecting it to support over 1,500 jobs annually and attract tens of thousands of visitors, thereby bolstering Exuma’s economy. Sandals Beaches has partnered with L.N. Coakley High School to offer 25 paid apprenticeships and an exchange initiative for Bahamians to receive training at Sandals resorts across the Caribbean. Tourism Minister and Exuma MP Chester Cooper emphasized Sandals’ pivotal role as the island’s tourism anchor and largest employer, noting that the first phase includes over 100 staff accommodations to address housing issues. The government is also planning new housing developments in Georgetown, further alleviating housing shortages across the islands. Next year marks the 30th anniversary of Sandals Royal Bahamian, which has experienced a phenomenal year, with customers from Emerald Bay exploring other Sandals locations across the Caribbean.

  • Atompai en Sardjoe vormen nieuwe top Melkcentrale NV

    Atompai en Sardjoe vormen nieuwe top Melkcentrale NV

    Monché Atompai has officially been appointed as the General Director of Melkcentrale NV, a prominent state-owned enterprise. Previously serving as the President-Commissioner, Atompai had been acting as the interim director following the suspension of the former CEO, Dewkoemar Sitaram. Sitaram remains under investigation in connection with a large-scale fraud case that has rocked the company. The investigation, led by the Criminal Investigations Unit of the Herman E. Gooding Police Bureau, has resulted in multiple arrests. The scandal came to light after an internal audit and a formal complaint filed by the Ministry of Agriculture, Livestock, and Fisheries. Preliminary findings suggest that substantial sums of money, amounting to over SRD 17 million, have been misappropriated from the company’s coffers since 2018. Meanwhile, Anuska Sardjoe has been appointed as the new President-Commissioner by the General Assembly of Shareholders, marking a significant leadership transition at Melkcentrale NV.

  • Regionale handel blijft groeien ondanks Amerikaanse tarieven

    Regionale handel blijft groeien ondanks Amerikaanse tarieven

    Despite the recent imposition of broad import tariffs by the United States, trade between Latin America and the Caribbean is projected to grow significantly in 2025, according to a report released by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). The report, presented on Wednesday, indicates that the impact of the US tariffs has been less severe than initially feared. The value of regional exports is expected to rise by 5% this year, up from 4.5% in 2024, driven by a 4% volume growth and a modest 1% price increase. Mexico, the region’s largest exporter, is also anticipated to see a 5% growth in exports. The limited effect of the US tariffs is attributed to strong demand in the early months of the year, with American companies accelerating imports and building inventories in anticipation of higher tariffs. Additionally, robust trade dynamics among Asian economies have contributed to global trade stability. However, ECLAC warns that the outlook for 2026 is less favorable, with growth in international goods trade expected to slow due to reduced inventory buildup and potential new trade tensions. The export of services from the region is projected to grow by 8% this year, slightly down from 9% in 2024. Between January and August, prices for key export commodities from the region rose by an average of 1.7%, compared to a 2.1% decline in the same period last year. ECLAC attributes the upward revision in expectations to the strong trade momentum in the first half of the year. Currently, the effective average US tariff on Latin American goods is 10%, seven percentage points lower than the global average. However, the commission cautions that this relatively favorable position could change quickly due to trade deficits and geopolitical developments. ECLAC advises regional countries to diversify their trade relationships and deepen regional integration to enhance economic resilience in a world where trade policy is increasingly used as a strategic tool.

  • When one person holds everything

    When one person holds everything

    In workplaces across Grenada, there is often one individual who becomes the linchpin of operations. This person, often referred to as the ‘Single Point of Failure’ (SPOF), holds critical knowledge, fixes issues, and ensures smooth functioning. While their reliability is invaluable, it also poses significant risks. When too much information is concentrated in one person, the entire operation becomes vulnerable to disruptions if they are unavailable. This issue is not a reflection of the employee’s effort but rather a structural problem that affects both the business and the individual. For businesses, the absence of a SPOF can lead to stalled operations, lack of clear handover processes, and difficulties in training new staff. For the employee, it can result in increased stress, burnout, and limited career progression. The solution lies in documentation. Contrary to fears that documentation might phase out roles, it actually validates an employee’s contributions, reduces pressure, and enables growth. Documentation makes expertise visible, reduces the need for constant availability, and fosters teamwork. Employers in Grenada are encouraged to document core tasks, cross-train employees, and integrate documentation into the work culture. This approach not only strengthens the workplace but also shifts businesses from reactive to proactive strategies. Documentation is not about replacing employees but about recognizing and preserving their knowledge. By building systems that support employees rather than relying on individual heroes, businesses can achieve sustainable success. Paperclip, a strategic HR consultancy in Grenada, specializes in helping organizations build resilient, people-centered systems through HR audits, policy development, and leadership support.

  • Activities during Entrepreneurship Week aimed inspiring collective growth

    Activities during Entrepreneurship Week aimed inspiring collective growth

    Dominica has launched a series of activities to mark Global Entrepreneurship Week (GEW) 2025, with a strong emphasis on fostering collaboration and innovation among entrepreneurs. Senator Oscar George, Minister of State in the Ministry of Culture, Youth, Sports, and Community Development, delivered a powerful message during the opening ceremony, urging entrepreneurs to support one another and contribute to the nation’s collective growth. “Entrepreneurs are the heartbeat of our economy, the drivers of innovation, and the champions of resilience,” he stated. “Let this week be about sharing ideas, inspiring others, and building a more dynamic Dominica.” Global Entrepreneurship Week, celebrated annually from November 17 to 23, is a global initiative led by the Kauffman Foundation and Enterprise UK, supported by the Youth Business International (YBI) network, of which the Dominica Youth Business Trust (DYBT) is a member. The DYBT has organized a diverse range of events to mark the occasion. These include radio appearances, school tours, webinars, and a graduation and awards ceremony. Dian Laronde, OMS Administrator at the DYBT, highlighted the week’s activities, which began with a radio program on DBS Radio’s Youth Vibes Program, where young entrepreneurs shared their experiences and insights. Additionally, past DYBT clients were featured on Q-95 Radio’s ‘Nature Isle Business Buzz’ to discuss their entrepreneurial journeys. The DYBT also conducted school tours across several institutions, including Trafalgar Primary and Convent High School, to inspire students and promote early interest in entrepreneurship. A webinar on navigating imports and logistics, hosted in collaboration with key stakeholders like the Customs Division and Invest Dominica Authority, provided practical guidance for business owners. The week will culminate in the DYBT’s 21st graduation and awards ceremony on November 26, where outstanding entrepreneurs will be recognized for their contributions. “This week reaffirms our commitment to nurturing a vibrant entrepreneurial culture in Dominica,” Laronde concluded.