Donville Inniss

Inniss says no to retrenchment

Speaking to a gathering of industry leaders at the General Insurance Association of Barbados conference, Inniss spoke on the upcoming 2017 Budgetary Proposals to be delivered in Parliament in May by Minister of Finance, Chris Sinckler.

Inniss: Too many insurance companies, brokers

Inniss delivered the feature address at the 39th annual luncheon of the General Insurance Association of Barbados (GIAB) at the Radisson Hotel on Friday. He told the gathering that in Barbados there are currently 22 domestic insurance companies and 23 insurance brokers employing around 500 agents and salespersons.

He noted these numbers make the sector an extremely competitive one which may spell trouble for some insurance companies who do not have majority market share.

Inniss decries investment ‘blockers’

This is according to Minister of International Business, Industry, Commerce and Small Business Development, Donville Inniss, who contends that attorney-at-law, David Comissiong, is blocking persons from meaningful employment and preventing the country from gaining much needed foreign exchange.

Give failing businesses a second chance

This is with the aim of giving businesses a real second chance without significant harm to creditors.

“Our culture of kicking businesses when they are down must end without delay. There will always be some rogues and vagabonds but most entrepreneurs do want to pay their bills and grow their businesses,” he said.

While noting that financing institutions are all profitable in the midst of a long and deep recession, he questioned if they are doing enough to share in the risks of entrepreneurs by investing through loans.

Motorists must pay

This was disclosed by Minister of International Business, Donville Inniss, yesterday following the official opening of the LED Illuminations Inc. showroom at their Vauxhall location yesterday.

Inniss says the Minister of Transport and Works Michael Lashley is looking at this issue. “I know that the Ministry of Energy, along with the Ministry of Public Works, they have been working on a programme to change out the lights on the highway to get the ones that are more fuel-efficient,” he said.

Barbados leading Caribbean in SMB development

An achievement that Minister of Small Business Development Donville Inniss is pleased about.

Having completed Phase I of the Caribbean Small Business Development Centres (SBDC) Project for the five beneficiary countries, the US State Department working in collaboration with the OAS has positioned Barbados for this the second phase and for this they have been lauded.

Those in the SBDC are this week being trained in a Global Value Chain Workshop which was launched yesterday.

Inniss: It’s not too late to make things right

And one Cabinet Minister says he is optimistic about doing so, since it is a work in progress.

Commerce Minister and St James South MP, Donville Inniss, says while the administration has not been as effective in its communication as it ought to be, its members are trying their best to rectify any issues that may affect the country.

He told media this morning that he asks himself every day if he has done something wrong and he works towards fixing it.

Inniss not dismissing March of Disgust

“I only know what I saw on social media and traditional media but I certainly paid great attention to the march. I think anytime you have a sizeable portion of a population taking to the streets that they are sending a message and the government must take note,” he said, noting that he was out of the country at the time of the event.

Inniss: Barbados must become more efficient

During a wide-ranging discussion with members of the Barbados Customs Brokers and Clerk Association over the weekend, Inniss pointed out that being more efficient was all part of the strategy to enhance competitiveness in the wider economy and society, ultimately resulting in containing the cost of living and doing business in Barbados.

More notaries to improve the ease of doing business

At present 13 persons perform this task, but eight persons should be added to the list once the Notaries Public Bill, 2017 which was passed in the Lower House just before noon today, is passed in the Upper House.

The Bill was brought by Minister of Industry, International Business, Commerce and Small Business Development, Donville Inniss, to ease the overburdening of the current notaries public who must carry out their regular functions, as well as their duties as notaries public.