Annual increase in payments to pensioners

The 4% increase is applicable to the period 1 January 2023 to 31 December 2023, consistent with the increase agreed upon for public sector workers. Pensioners are further advised that their short payment for the period 1 January 2023 to 31 August 2023, will be paid by the next pay cycle, 15 October 2023. Pensioners […]

New Minimum Wage will end disparity payment based on gender

On 1 January 2024, Grenada will commence a method of compensation to workers both in the private and public sectors that will see the end of disparity in salary based on gender and at the same time enforce a minimum livable wage. “As most of us will know, we have a disparity between male and female […]

Regional entrepreneurs launch modern payment solution in Antigua & Barbuda

CaribPay, a leading financial technology company, is proud to announce the launch of its secure and convenient payment solutions in Antigua. The innovative platform provides a reliable and efficient alternative to traditional banking systems, making transactions faster and easier for individuals, employers, and businesses. Antigua and Barbuda has a unique banking infrastructure that has made […]

11 CARICOM countries to pilot Africa trade payment system

The African Export-Import Bank (Afreximbank) opened its 30th annual meetings here on Monday, with Barbados Prime Minister Mia Mottley praising the bank’s payment system that would allow countries across the continent to trade with each other using their local currencies. Eleven Caribbean Community (CARICOM) countries have joined Afreximbank, and last week the Association of CARICOM […]

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