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UWI professor says non-debt funding key to overcoming high debt

By Marlon Madden Barbados will require a significant amount of non-debt funding for initiatives that promote economic growth if it is to drive down its high debt. Professor Justin Robinson, Pro Vice-Chancellor of the Board of Undergraduate Studies at the University of the West Indies (UWI), Cave Hill Campus, who gave that assessment which is applicable to other regional economies, said Caribbean

Jamal Slocombe mourns passing of confidant Aunty Carlyn

The entire Barbados music fraternity was thrown into a state of mourning on Thursday, January 12 after news broke about the passing of the 'First Lady of Song' Carlyn Leacock. Jamal Slocombe, who describe himself as her protége, was among t

NCSA stepping up drug education in the workplace

The National Council on Substance Abuse (NCSA) is implementing more initiatives targeting the workplaces. The council is furthering education and awareness under the theme ‘Our Workplace, Our Future: Our Future, Our Workplace’ in recognition of Drug Awareness Month, which is observed in January. The Barbados Drug Information Network (BARDIN) Report indicated that “productive citizens, persons under the age of 65”, are some of the most negatively impacted by substance use …

Artistes pushing for minimum wage

The Barbados Association of Creatives and Artistes (BACA) is educating members, especially musicians, on how much to charge for their services. And in 2023, the intention is also to have a minimum wage for certain events and shows, says president Sean “Apache” Carter. The national minimum wage does not apply to creatives, but he hopes to have a tiered system based on specific criteria. “You would have an artiste who …

Official urges investment in renewable energy options before too late

Operators in the service industries are being encouraged to take advantage of the Householders’ Right to Renewable Energy initiative and earn from selling their excess power to the national grid.William Hinds, Chief Energy Conservation and Renewable Energy Officer in the Ministry of Energy, said instead of putting the money on the bank or “under the mattress”, it made sense to invest in a renewable energy system and earn from it over time. Under the arrangement, homeowners could install renewable energy systems up to 10 kilowatt (kW) on their properties without a licence and benefit from selling excess energy to the grid.He explained that the earnings from this investment after around 20 to 25 year’s time could be used to fund education or other expenses.Hinds said if it was a case of not having enough money upfront to invest in the systems, individuals were able to take out a loan, pay back that loan and still earn a handsome income.

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