We are at the end of 2022. What will 2023 bring us? The recent past has worn us down, making us more apprehensive about the future. The pervasive uncertainty drains our optimism, making us more guarded in our expectations. What lies ahead? What lessons should we take with us into …Read More »
Kangalee: Claim that workers can sacrifice wage increases for job security is a ‘Nansi story’!
“[…] During the Petrotrin shutdown saga, the OWTU actually offered to take a 15% wage cut in order to save jobs. The result? All, all, all workers were sent home. “The Communication Workers’ Union (CWU) settled with TSTT for 5% over a five-year period 2014–2019. How many jobs were saved? …Read More »
Public Utilities Minister: T&TEC, IPPs and ODPM failed during islandwide power blackout
“[…] The Committee identified several weaknesses in the management of the response, including ineffective communication with the public, with heavy reliance on the internet and social media which was negatively impacted by the blackout; the absence of the involvement of the Office of Disaster Preparedness and Management; the lack of …Read More »
St Louis: Industrial Court’s T&TEC judgement is a huge body blow for social justice
The Industrial Court delivered a judgement on 18 February 2022 and ruled that it would be too expensive for T&TEC to pay any increased salaries at this time. As such the workers at the Trinidad and Tobago Electricity Commission (T&TEC) were not awarded any salary increases for the period 2015 …Read More »
Paul: Unions must focus on short-term contracts and labour-supply contractors, not vaccines!
“[…] Employers, including state enterprises, […] are retrenching their workforce of both unionised and non-unionised employees and hiring labour-supply contractors, to provide low-wage workers (mostly temporary unsecured, non-benefit workers)—thereby greatly reducing their labour costs. “Many refuse to pay NIS, placing this critical retirement, sickness and injury benefit system in jeopardy. …Read More »
‘No reputable economist would suggest privatising WASA!’: Dr Farrell on WASA, VMCOTT, the fuel subsidy and lay-offs
“[…] No, no—WASA should not and cannot be privatised! There are some entities which are what you call in economics, natural monopolies. For an economy like Trinidad and Tobago, the production of water is a natural monopoly and the state should do it. “[…] We are going to give WASA …Read More »
Devaluation in time of Covid; should TT stoke its own economic Soufrière-like eruption?
Here we go again! In the Business Guardian of Thursday 8 April 2021, Joel Julien reports on the virtual Demas/Rampersad Seminar Series under the aegis of The UWI St Augustine Department of Economics. ‘Foreign Exchange Challenges in Trinidad and Tobago: What are the real implications?’ the title asks. Let us …Read More »
Dear Editor: Consumer Affairs must hold banks and cable companies liable for glitches
“It cannot be right that we dutifully pay our bills—plus interest and often at considerable financial sacrifice—for what may be considered essential services in this current era without reciprocal accountability which is not even questioned by the media on most occasions.” The following Letter to the Editor on questionable treatment …Read More »
Dr Farrell: Taking Responsibility; why the Petrotrin disaster is a very Trini malaise that may be repeated
“So the logical question is: why don’t our governments fix the state enterprise governance system? The answer is partly because it sustains political patronage and corruption, partly because it buys off the trade unions, and partly because of inertia—fixing things that don’t appear to be broken simply isn’t worth the …Read More »
Board Games (Part Two): Afra Raymond continues look into State boards
Part One of my look into State boards prompted a series of extremely interesting responses, so I will continue this examination of the State Controlled Agencies. This term includes State-owned Enterprises (SoEs) such as UDECOTT, Caribbean Airlines and Education Facilities Company Limited (EFCL), as well as Statutory Agencies like WASA, TTEC, CDA, …Read More »
Board Games: Do State boards belong to the Government or the People?
The recent controversy over the dismissal of Dennise Demming as Chair of the Tourism Development Company (TDC) has sparked yet another round of debate on the role and operation of State-owned Enterprises (SoEs). Some of the issues which have arisen are: •What is the purpose of these SoEs? •How do …Read More »
Bwdma… Who running T&TEC? Pinky and the Brain?!
What did Kamla Persad-Bissessar and her PP gang really leave in the Treasury? Two shillings and a pack of chewing gum? Forget VAT, speed guns and online shopping tax, Trinidad and Tobago can have deeper problems if these electricity black-outs continue. And the only excuse Mr Live Wire has not …Read More »