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Government announces divestment of 10% of its shares in West Indies Oil Company
The Government of Antigua and Barbuda (“GOAB” or the “ Offeror”) announces that it will divest ten percent (10%) of its holdings in the West Indies Oil Company Limited (“WIOC”) commencing 24 March, 2021. This amounts to 301,920 ordinary shares. Fifty percent (50%) of the offer is reserved for public servants and the remainder for…
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Barbados Opposition Leader in plea for ex-LIAT workers
BARBADOS TODAY — Opposition Leader Bishop Joseph Atherley on Monday urged Government to assist severed LIAT employees in Barbados who are now struggling to make ends meet after one year of being dismissed from the bankrupted carrier. In an impassioned speech in the House of Assembly, Bishop Atherley said that the government of Antigua has…
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Bitcoin ATMs go live in Antigua and Barbuda
“I want to see at least three thousand Antiguans become millionaires within the next 50 years,” proclaims CEO of SSID Financial Ltd, Dr Hugh Jarvis. This is the vision Dr Jarvis has for Antigua and Barbuda when it comes to the potential of cryptocurrency and the technology behind it. It is an audacious claim –…
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ACB Caribbean is Here – Simply Smarter Banking
Customers can step into the new look Antigua Commercial Bank (ACB) now trading as ACB Caribbean. The sixty-five-year-old financial institution has unveiled its Brand Evolution to the people of Antigua and Barbuda. In spite of the modern and fresh new image, the organization has not lost sight of its long-standing legacy of deeply rooted Corporate…
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Get Ready for an Eggceptional Easter!
The last year has been much more of a challenge than anyone could have expected, to put it mildly. While things do seem to be slowly moving back in the right direction, it still has left many stressed about the upcoming Easter holiday. Axcel Finance, the leading regional microfinance institution, is providing a great way…
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Antigua PM says former Barbados LIAT pilots are ‘rotten elements’ who destroyed the airline
CARIBBEAN NEWS SERVICE — The prime minister of Antigua and Barbuda says former Barbados-based pilots of the beleaguered regional airline LIAT, are rotten elements responsible for the demise of the carrier. Gaston Browne was at the time responding to a class-action suit by the terminated pilots against the Antigua and Barbuda government. Ten former pilots…
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14,000 barrels cleared under pandemic relief initiative
Antiguans and Barbudans imported more than 14,000 barrels under the Customs and Excise Division’s pandemic relief barrel initiative. At the end of Tuesday this week, the division had reportedly processed 14,630 barrels under the initiative, which began April 1, 2020. Under the relief initiative, each household can import barrels of food, toiletries, and anti-coronavirus items…
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ECCB’s digital currency set for public roll-out this month end
The Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine says the public roll-out of DCash, the ECCB’s digital currency will commence on March 31. In his official announcement, Governor Antoine emphasises that DCash is safer, faster and cheaper and encourages all to get on board. “The future of the EC Dollar…
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‘More LIAT ex-pilots join’ class-action lawsuit
BARBADOS TODAY: Ten terminated LIAT pilots have strengthened numbers in their class-action suit against the Antigua and Barbuda government in the face of a reported threat by the prime minister to close the St John’s-based company. Six more former pilots Thursday came forward to add their names to the constitutional motion filed last week in…
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Restaurants to resume in-house dining with immediate effect
CABINET NOTES: The Cabinet, following intense discussions among members and in consultation with the Chief Medical Officer, decided to allow restaurants to resume sit-down dining effective immediately. The curfew hours will remain at 8:00 pm to 5:00 am; however, the Cabinet intends to review (next week) the numbers of people being infected and hospitalized daily…
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Gabriel Abed to discuss Blockchain Adoption for One Caribbean at The UWI Five Islands Public Advocacy Series
On March 29, 2021, The University of the West Indies Five Islands Campus in Antigua and Barbuda will explore the adoption of Blockchain for One Caribbean as it hosts the fourth in a series of monthly virtual conversations. This month’s speaker at the Campus’ Public Advocacy Series will be Barbadian Blockchain technologist and entrepreneur, Gabriel…