Colm Imbert

KEEPING IN TOUCH: Finance Minister Colm Imbert studies his notes while Attorney General Faris Al-Rawi makes a point to Prime Minister Dr Keith Rowley during yesterday’s parliamentary debate on the 2020 budget. At right is National Security Minister Stuart Young. —Photo: Curtis chase

A POLITICAL fight has broken out between Opposition Leader Kamla Persad-Bissessar and Finance Minister Colm Imbert over the sale of CLICO/BAT traditional insurance portfolios.

In her budget reply at the Parliament sitting yesterday, Persad-Bissessar said there are many questions arising from the sale of these portfolios. She noted that in March 2019, Imbert announced that he was in the process of reviewing the recommendations of Central Bank for the sale of the portfolios.


JMMB Group Ltd (JMMBGL) recently launched an Additional Public Offering (APO) of shares concurrently in both Trinidad and Tobago and Jamaica. The issue is currently sized at 266,737,797 ordinary shares, with JMMBGL reserving the right to increase this issue to a maximum of 325m shares. 

THE CONVENTIONAL belief in sociology used to be that it takes a whole generation for patterns of social or cultural behaviour to change. The rule of thumb definition of generation was 15 years. In this axial age we are going through, time seems to have speeded up and cultural changes take place every decade or less. This is as true in industrial relations as it is in family life, in economic or political life.

SCOTIABANK’s senior vice president Caribbean South & East Stephen Bagnarol is in St Kitts and Nevis finalising matters relating to the transfer of the bank’s operations to Republic Bank.