Tag Archives: state owned enterprise

What the hell? Can one set out to sell a State asset by mistake? ‘Wth’ is a milder version of the social media acronym used to express surprise or disgust. It was my response to the Minister of Energy’s implausible media release on Monday last related to the failure of …

On 4 December 4 2018 the High Court held that TSTT was a ‘public authority’ under the Freedom of Information Act (the ‘Act’) and therefore subject to the Act’s access and disclosure provisions. Members of the public now have a general right to access TSTT’s official documents, with certain exceptions. …

I’m a “glass half-full” kind of person, which is why I see the Petrotrin closure as an opportunity for inspired leadership on one hand, and the transformation of our people on the other. Leadership and transformation both require a willingness to change the way we see things. The behaviourists talk …

“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 …

It has now been more than a week since it was announced publicly that Petrotrin’s refinery would be closed down. We have been bombarded by information which can be classified as facts, alternative facts and outright fake news. Interpretation of this information has been shrouded in hues of red and …

At least 1,700 workers are reportedly about to lose their jobs at Petrotrin without reprieve because the money-losing oil refinery at Pointe a Pierre is being shutdown. These workers recently had the benefit of an interim five per cent pay rise conceded in response to strike notice given in January …

Okay, so who’s playing up with their Count at the Ministry of Finance? Just hours after, Chutney Soca Monarch (CSM) promoter George Singh declared that the competition would be scuttled due to a withdrawal of funding from the National Lotteries Control Board (NLCB)—after a directive from the Ministry of Finance—the …

Following last week’s column on the self-esteem crisis, which looked at the circumstances which contribute to the breeding of heartless persons, I was reading an interview with a rape victim who has written a debut novel entitled Dark Chapter. The book explores the traumatic experience of the author, Winnie Li, …

Fifteen years ago, shortly before becoming a columnist—as a guest speaker at an event organised by the late Lloyd Best—I characterised our political contests as a fight for the national cash register. I also asserted that in politics you can lawfully t’ief, based on the way the State enterprise system …

Two Tuesdays ago at a meeting in Mt D’or, Minister of Finance Colm Imbert boasted that there were only two people who knew the contents of the budget, the Prime Minister and himself. The subsequent applause for this revelation is symptomatic of the nature of our state. We are accepting …

“Indeed, the government has to find ways to generate some savings, but wholesale attrition of state-owned entities cannot be a forward-looking strategy. “Especially when looking at them from a profit-loss point of view loses a sense of how some of them may contribute to our recovery and our economic prosperity.” …