NUGFW elections ruled illegal

Registrar of Trade Unions in the Office of the Attorney General, Christophe Grant, has declared the recent elections held by the National Union of Government and Federated Unions (NUGFW) null and void.

Sagicor leads trading activity

Market activity improved on Tuesday as 562,247 shares were exchanged for $9.91 million.

Barbados Central Bank governor wants tighter regulation

Barbados Central Bank governor Dr Marion Williams has said that fraudulent financial reporting and insider trading are signs of bad governance, but that excessive risk-taking and inappropriate incentive schemes should be added to the list.

Ansa Merchant Bank makes $71.4 million profit

Ansa Merchant Bank Ltd’s insurance companies’ international portfolios have not been spared from the turbulence in the overseas financial markets, Anthony Sabga, chairman emeritus of Ansa McAL, has reported in unaudited half-year results 2008.