Home' Trinidad and Tobago Guardian : October 30th 2015 Contents A17
• Twitter: @GuardianTT • Web: guardian.co.tt
T&T ranks fifth among countries in the
world with the highest rates of workplace
absenteeism. This was one of the facts
coming out of the first day of the Absen-
teeism Conference hosted by the Employ-
ers Solutions Centre Ltd (ESCL) at the
Hilton Trinidad and Conference Centre
in Port-of-Spain yesterday.
World Trade Organisation chair at UWI
Dr Keith Nurse, who gave that information
in his presentation at the conference, said
culture is to blame for the country s absen-
Concern about the problem was also
expressed by ESCL chairman Glenn Maharaj
who described absenteeism as one of the
most common workplace issues in the
"We have inadequate staffing to fill high
level positions across the entire country,
across all industries. This continues to be
a major challenge for the private sector,
especially in the manufacturing and retail
industries," he said.
Maharaj called on Labour Minister Jen-
nifer Baptiste-Primus to partner with busi-
ness to find solutions to the problem
"One of the solutions would be in finding
the right balance of usage of resources
between the private sector and the social
programme," he said.
He said surveys conducted by the
Employers Consultative Association (ECA)
showed that traditional approaches to deal-
ing with absenteeism are "relatively inef-
Dr Nurse noted, however, that the average
T&T worker was tech savvy, so there was
no need to be physically at work.
"It is not really that your workers show
up to work that really matters anymore.
Are they serving your clients? They could
be doing that from home, their car, on their
smart devices, wherever they are located.
Presence at work as your indication of suc-
cess---I suspect that you are looking at an
old indicator," he said.
Dr Nurse added: "Having them at the
workplace you may not achieve the results
and secondly, the time it takes to get to
work they are tired because of traffic which
they sit in for two to three hours per day."
The battle to take over Barbados beverages com-
pany Banks Holdings Limited (BHL) has intensified
with both T&T conglomerate Ansa McAL Limited
and Brazilian beverages giant Ambev increasing
their offers to shareholders.
Earlier this week, Ambev, through its St Lucia
subsidiary SLU Beverages Limited, made an amended
offer of BBD$5.60---higher than the BBD$5.20 per
share intially offered by Ansa McAL through its
wholly owned subsidiary AM Caribbean Develop-
ment Ventures Limited (AMC). Ansa McAL coun-
tered yesterday with an offer of BBD$6.
Nicholas Mouttet, president and CEO and Ansa
McAL (Barbados) Limited said in a statement yes-
terday: "We are aware of the second directors
circular from the BHL Board issued last evening,
recommending to shareholders that they accept
AMBEV s BBD$5.60 offer.
"In light of the fact that our offer represents a
40 cents uplift on AMBEV s offer, we look forward
to promptly receiving the directors circular in
response to our amended offer of BBD$6. Our new
offer is valid until December 4, 2015."
Ansa McAL recently acquired 8,446,546 common
shares, or approximately 13 per cent of BHL s issued
share capital, with its purchase of BWPL Holdings
Ltd, the second largest shareholder in BHL. This
adds to the nearly 15,000 shares the comglomerate
already held in the company through its wholly-
owned subsidiary Ansa McAL(Barbados) Limited.
Ambev, owns just over 40 per cent of BHL.
The latest directors circular from BHL, dated
October 28, recommended acceptance of the amend-
ed offer from the Ambev subsidiary. They said the
interest of Ansa McAL "appears to have more of
a defensive purpose."
Caribbean Airlines (CAL) CEO MIchael
DiLollo, who resigned from the post on
Wednesday, quit just days after local
non-profit Disclosure Today (DT!) issued
a request for information under the
Freedom of Information Act for details of
a contract awarded to Plane Sciences Inc
by the airline.
In a Facebook post yesterday,
attorney-at-law Margaret Rose, founding
director of DT!, said questions had been
raised about the airline awarding a
contract to a company co-founded by
Checks by the T&T Guardian revealed
that CAL selected the company, which is
based in Ontario, Canada, through a
request for proposals, to be its flight
data analysis (FDA) service provider,
starting January 1, 2015. Plane Sciences
Inc provides expertise in aviation safety,
efficiency and flight data technologies.
DiLollo, 48, a Canadian national who
had been CEO of CAL for just 17 months,
cited personal reasons for his sudden
resignation from the state-owned airline.
His resignation was accepted by CAL's
board of directors and chief financial
officer Tyrone Tang has been appointed
to act as CEO until a permanent
replacement is found.
CAL CEO leaves with contract queries unanswered
T&T has absenteeism
problem says WTO chair
Ansa McAL and Ambev
increase offers for BHL
Dr Keith Nurse, World Trade Organisation chair at the University of the West Indies,
address participants at the Employers Solution Centre's two day conference on workplace
absenteeism at Hilton Trinidad and Conference Centre, Port of Spain, yesterday.
Links Archive October 29th 2015 October 31st 2015 Navigation Previous Page Next Page