Featured 'National Insurance Fund' blogs


CIA is Monitoring the Caribbean

Submitted by William Skinner Mr Editor The following link provides very interesting reading. It probably shows why we don’t want a FOIA : Freedom of Information ACT . For those who think that the activities of agencies such as the CIA overlook the Caribbean, it should be interesting reading. Although many would probably consider it […]

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Fuel Price Changes to Come

Barbadians continue to be intrigued by the rollercoaster and out of whack local market position of fuel prices compared to regional markets. With world oil price edging north further interacting with the effect of the NSRL, 2% FX fee and so on, it is anticipated the local consumer should anticipate a hike in the cost […]

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Concerns About CXC Grading

The following article is reproduced from the Jamaica Observer newspaper. The article resonates because it dispels the notion that concerns expressed in the Barbados space about CXC are misplaced. Many continue to question the integrity of the grading system and the public remains none the wiser. Discuss for 10 marks.   CXC HEADACHE BY JEDIAEL […]

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Has National Insurance Fund Managers Ever Followed Actuarial Recommendations?

Data issues delayed the preparation of this report and also affected the quality and reliability of some data that was provided. In some instances, data relationships noted from previous actuarial reviews helped determine current data assumptions.  Revisions made to financial statements that were provided for the preparation of the 14th Actuarial Review resulted in some […]

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The Grenville Phillips Column – Don’t be a Lunatic

Whenever I discuss politics with persons who are critical of the current DLP administration, they normally become visibly angry and frustrated – and with good cause.  The 20 economic downgrades and generally poor delivery of government services can lead the public to conclude that this DLP administration is grossly incompetent.  The DLP’s response to the […]

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Foreign Reserves and FDI Dip

The Barbadian economy grew by an estimated 1.4% over the first nine months of 2017, as economic growth moderated in the third quarter of the year. Tourism output, which fueled the stronger growth performance over the first half of the year, fell during the third quarter, due to a reduction in the average length-of-stay of […]

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The George Brathwaite Column – Need to End Embargo

Since December 8, 1972, Cuba and the Caribbean Community (CARICOM) have had formal relations. The countries are ‘thrust together by geopolitical realities and common regional and global challenges’, and the CARICOM-Cuba relationship has been sustained ‘by mutual respect for the right to self-determination and to the development model of their choosing’. In the name of […]

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Barbados Today Online Newspaper Ordered to PAY Mia Mottley

Barbados Today Online newspaper was today [30.10.2017] ordered by the Barbados Court to pay Leader of the Opposition an undisclosed settlement resulting from an article it posted that questioned her qualification to practice law in Barbados.

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The Adrian Loveridge Column – Research Hotel Before Making Reservation

Over the past two weeks I have been battling online with a major hotel brand and a third party booking company concerning a recent seven night stay in the United States. When you declare a mission statement like ‘as our guest you can expect warm hospitality and clean, comfortable rooms where everything works, to make […]

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The Jeff Cumberbatch Column – Broadening Local Freedom of Expression

“Freedom of speech [expression] means freedom for those who you despise, and freedom to express the most despicable views. It also means that the government cannot pick and choose which expressions to authorize and which to prevent…” Alan Dershowitz, US Law professor “As a former member of the US military, I took an oath to […]

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The Launch of Barbados First Virtual Political Party

Barbados First / Patriotic Party (BF/PP) # of member = 0 (at present). Hello fellow Barbadians. We all know of Barbados problems with the most important being the state of the economy. High Debt High Deficit High Taxes Low Growth Low Productivity Lack of leaders to make the hard decisions and lack of patriots to […]

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Donville Inniss Pilots Fiscal Order to Give Tax Incentives to Del Mastro, convicted of election fraud in Canada

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15th NIS Actuarial Review of the National Insurance Fund, Published

When government debt is viewed with NIS holdings excluded, the implicit assumption is that these assets are not “real” and that government raising taxes to repay the NIS is akin to raising the contribution rate on NIS contributors. This is because government tax revenue and NIS contributions come largely from the same sources – businesses, […]

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The Grenville Phillips Column – Keep Your Head Down

The slavery experience of our foreparents has left a legacy that we still struggle with today.  It is a legacy that everyone who has tried to improve a situation has felt.  Over the past quarter-century, I have talked with many persons who saw something being done incorrectly, whether on a construction site, or at a […]

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NIS NOT an ATM, it is OUR Lifeline!

Submitted by Ann Gittens The CEO of the QEH has been making utterances about a health care scheme. We all know that elections are due shortly and both the Minister of Health and the Minister of Finance will be wary of introducing new taxes. So they have passed the baton to the CEO of the […]

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The George Brathwaite Column – Hard Ears You Wouldn’t Hear!

Barbados has its colloquialisms, traditions, and high expectations regarding the provision of quality services and public goods. Barbadians expect focus on the key areas of: health, housing, transportation, education and poverty. These areas speak to national development. National development refers to the ability of a nation to improve the lives of its citizens and residents. […]

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The Adrian Loveridge Column – Cashback Can Benefit the Tourism Product

The recent decision of one of our banks to increase the cashback percentage on the purchase of groceries and petroleum products to 4 percent for those selecting to pay by a certain branded credit card raises several opportunities. It is not always easy for the layman to understand the logic of marketing strategies of some […]

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Stephen for Mara in St. John?

The following document was received in the BU inbox which promotes the view that Mara Thompson will NOT  be contesting the St. John seat at the next general election. What is surprising is the suggestion that Stephen Lashley is looking to jump the Christ Church West Central ship? Discuss for 5 marks.

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