Showing posts with label Compensation. Show all posts
Showing posts with label Compensation. Show all posts

Tuesday, July 29, 2014

St Vincent farmers receive compensation following sudden closure of cocoa company

Cocoa beans and wooden scoop. Chocolate ingredient

KINGSTOWN, St. Vincent, Friday July 25, 2015, CMC – The St. Vincent Cocoa Company, which last week abruptly announced that it is ending its operations here in August, will compensate farmers in lieu of the two years’ notice stipulated in the agreement with the government.

“By virtue of the fact that notice is not given, they are writing off all the money that [farmers] borrowed, against the need to give notice,” Minister of Agriculture Saboto Caesar told reporters.

Ten farmers had received loans totalling EC$34,800 from the company’s micro finance programme, and this amount will be written off.

Famers who did not receive loans from the SVCC will each receive EC$1,000 (One EC dollar = US$0.37 cents).

“But coming out of the discussion, it was decided that farmers who have over 3,000 plants will get between $1,500 to $2,000,” Caesar said, adding that not many famers had more than 3,000 plants.

The St. Vincent Cocoa Company came into existence after Armajaro Trading Ltd. signed a 50-year agreement with the government in August 2011, granting the firm exclusivity in the overseas marketing of wet and dry cocoa beans produced here.

Fifty-four farmers went into cocoa cultivation with the company after the 2011 agreement was signed, while a further 10 to 20 entered the sector, outside of the Armajaro agreement.

The company has invested more than $5 million in SVG, but Caesar said it decided to cease operations at the end of August because it no longer sees local production as “a viable one”.

The company had a target of cultivating 5,000 acres of cocoa, where only 18,000 acres of agricultural land remains.

“That was a big number and over the last four years, they were only able to rehabilitate 50 acres and to plant 200 new acres,” Caesar said.

The minister said farmers were disappointed by the development.

“Quite naturally, if you are in a relationship and the relationship did not work out quite as you had planned it, quite natural, there were some sad feeling, persons felt a bit sad, but I must state, no one was angry,” he said.

“It was very interesting. Persons expressed sadness that they no longer had an opportunity to work with what they considered, in their estimation, an internationally renown cocoa distributor. They thanked the company for coming to St. Vincent and working with them and for transferring the knowledge,” he said after a meeting with farmers.


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St Vincent farmers receive compensation following sudden closure of cocoa company

Tuesday, June 24, 2014

Consumers received more than $30M in compensation last fiscal year

Consumers received more than $30 million dollars in refunds and compensation during the 2013/2014 financial year following the intervention of  the Consumer Affairs Commission (CAC).  
During the period, the CAC handled 1,499 complaints. Of that figure, 1229 were settled -an average resolution rate of 82 per cent.     
According to Sharon Ffolkes Abrahams, Minister of State in the Ministry of Industry, Investment & Commerce Ministry, these figures indicate the level of  grievances consumers are facing in the marketplace.
Additionally,  Mrs Ffolkes-Abrahams has revealed that 440 cases were investigated by the Fair Trading Commission (FTC), last fiscal year.
These comprised 166 cases that were unresolved at the end of  the previous financial year.   
The FTC has the power to carry out investigations to determine if  any enterprise is engaging in practices that are in contravention of  the Fair Competition Act. 


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Consumers received more than $30M in compensation last fiscal year

Monday, February 3, 2014

Meet volunteers say time has come for compensation

BY HOWARD WALKER Observer senior reporter walkerh@jamaicaobserver.com


Monday, February 03, 2014    


THE continued development of Jamaica’s track and field programmes could be hampered if disgruntled volunteers, some of whom have given yeoman service free of cost for decades, are not remunerated for their efforts.


These officials, over the years, are largely credited for helping to guide the young athletes through the various developmental meets during the track season, culminating with arguably the greatest high school championships in the world, the Boys’ and Girls’ Championships.


The Jamaica Observer understands that these volunteers ranging from newcomers to stalwarts with over 40 years service in the field, believe it’s time for some form of payment, especially now that most of these meets are sponsored and are raking in big bucks.


After years of volunteerism, some of these officials’ appetite were whetted after receiving payments to run some events, and some have since boycotted those events that cannot afford to pay because they in turn cannot afford to attend all these events weekly.


In recent times some events have suffered because some meet organisers cannot afford to pay, while others can.


The Jamaica Athletics Administrative Association (JAAA) — the local governing body — is fully supportive of the volunteers being rewarded by promoters of the meets who can afford it based on their budgets.


JAAA’s president Dr Warren Blake told the Observer that his organisation is pushing the agenda that volunteers be compensated.


“The JAAA’s position is simple. We have built the sport on volunteerism and we recommend and understand that that volunteerism has to continue to a large extent, but it cannot be a situation where people are put out of pocket, especially in these harsh financial times,” said Dr Blake.


“What we have asked is that the meet organisers, wherever possible, should contemplate giving the officials a stipend for their services. It is not to be taken as a payment for services, because we could never pay the officials for the work they do, but just a reimbursement of expenses incurred because some people have to come in from the country and this happens at considerable expenses to them,” he pointed out.


“It’s just a matter of being sensitive to the needs of our officials and we have asked meet officials, where possible, (if) they can do some reimbursement for the officials,” he reiterated.


However, Professor Rainsford Wilks, chairman of the Gibson Relays organising committee, disagrees, though he is willing to comply.


“The JAAA certainly has a position that all the volunteers should get some sort of a stipend and I don’t agree. I believe that people should volunteer when they can. I don’t get a stipend for running the Gibson Relays and it takes a lot of my time. So I don’t support the view that everybody needs to be compensated,” argued Prof Wilks, who heads one of the best organised events in the region.


“I believe that volunteerism is important, it is a very important component of any society, and it is really what runs sports all over the world,” he noted.


“But I recognised that times are hard and some of the volunteers come from different social circumstances. I would not like to see a situation where people who come to run these meets…it becomes a job because that would be out of keeping with the whole ethos and would be unsustainable for those meets that don’t generate money,” said Prof Wilks.


He added that he would like to see a situation in which special circumstances are dealt with.


“Things and times have changed and times are hard and if everybody comes to the table with a transparent position without any hidden agenda, then we will come to a conclusion which is reasonable and fair,” he reiterated.


“But philosophically, a lot of things in society are run by volunteers; it’s a part of philanthropy. Rich people give plenty money, poor people give their time and everybody feels good about giving,” said Prof Wilks.


The JAAA’s president confirmed to the Observer that in recent discussions, some promoters cannot afford to pay even the stipend.


“Some meet officials have complained that they cannot afford it and we said to them, try and be reasonable, and some have complied and given the officials a stipend because it will go toward alleviating the cash crunch that these officials have come under,” he said.


“We have always had complaints that people are saying they are having it difficult, but wherever possible, we do try and help.”


Meanwhile, Garth Gayle, a volunteer of over 34 years and meet organiser of the Youngster Goldsmith Classic, said he hoped the volunteers keep going.


“The spirit of volunteerism mustn’t be allowed to die,” said Gayle, who is now the general secretary of the JAAA.


“There are some officials who do travel far distances, leaving their homes and families very early in the mornings, and to assist them with travelling is more than reasonable,” he argued.


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Meet volunteers say time has come for compensation