Day: September 29, 2020

  • All is not right in Parliament

    All is not right in Parliament

    By G. A. Dwyer Astaphan The Speaker of the House of Representatives Sir Gerald Watt QC has reportedly publicly maintained that he knows what he is doing and that he is without question right in suspending MP Asot Michael and referring him to a Committee of Privileges, that he has yet to set up. Maybe…

  • LETTER: Confusion reigns at ABS

    LETTER: Confusion reigns at ABS

    Dear Editor, ABS staff members are still unsure about what changes will come to the station amid a confirmed COVID- 19 case. Staff members want to know what measures will be taken to ensure their safety as health protocols were not properly implemented prior to the case. However, that is not the focus of management…

  • LETTER: Private Party held in Antigua on Sept. 28

    LETTER: Private Party held in Antigua on Sept. 28

    Dear Editor: I would please like the public of Antigua & Barbuda to be aware of a private birthday party held at an undisclosed location on Sept. 28 celebrating “Name Withheld by ABN“. These are all adults breaking the law of Antigua & Barbuda. They are all putting themselves & our children of the nation…

  • Grenada suspends payment of allowances in civil service amid COVID fallout

    Grenada suspends payment of allowances in civil service amid COVID fallout

    The Grenada government has with immediate effect temporarily suspended the payment of responsibility and duty allowances as well as honorarium to public servants as it continues to review the economic impact of the coronavirus (COVID-19) on the island. According to an official circular from the Department of Public Administration (DPA), it says it is aware…

  • Citizenship by investment in the Caribbean: Economic boon or diplomatic minefield?

    Citizenship by investment in the Caribbean: Economic boon or diplomatic minefield?

    By Emma Lewis Citizenship-for-purchase programmes, meant to boost ailing tourism economies, are proving to be problematic for some Caribbean countries. The COVID-19 pandemic has dealt the vulnerable, tourism-dependent economies of the Caribbean a heavy blow. According to some forecasts, it will take the region a long time to recover from the loss of visitors. Despite…

  • No new cases of COVID-19; No results pending

    No new cases of COVID-19; No results pending

    The most recent report received by the Ministry of Health, Wellness and the Environment from the Mount St. John Medical Center (MSJMC) has revealed no new laboratory confirmed COVID-19 cases in Antigua and Barbuda as of Sunday, Sept. 27 at 6 pm. Subsequent to the publication of the dashboard on Sunday, 13 samples were processed…

  • Guyanese man caught having sex with corpse of woman who died from COVID

    Guyanese man caught having sex with corpse of woman who died from COVID

    A 50-year-old man is due to appear in court, virtually on Tuesday, after he was caught having sex with a 56-year-old woman, who had died from coronavirus (COVID-19). Police said that the man from Train Line, Port Kaituma, North West District (NWD), was held last Saturday after he was allegedly caught having sex with the…

  • In the social media age, even the Speaker is throwing shade. Good Morning Frank Southwell

    In the social media age, even the Speaker is throwing shade. Good Morning Frank Southwell

    Welcome to the social media age where — like everyone else — the Speaker of Parliament can throw shade on social media. It helps that everyone has so much time these days, thanks to COVID-19.

  • Caribbean Airlines to cut staff and salaries

    Caribbean Airlines to cut staff and salaries

    Caribbean Airlines advises that in the coming weeks the airline will apply temporary measures to support the recovery of the airline. Reduced demand due to the global pandemic has presented significant challenges to Caribbean Airlines’ revenue and cash position and it must now take further steps to streamline expenses and its manage cash. After careful…

  • OECS Heads issue statement on the Imperative of Airport Testing of travellers

    OECS Heads issue statement on the Imperative of Airport Testing of travellers

    The Organisation of Eastern Caribbean States (OECS) Heads of Government have seen the remarks made by the Head of the London Heathrow Airport today 29th September, 2020 warning that the UK Aviation could suffer the same fate as London Docks if air travel cannot resume in volume before a COVID vaccine is found. Mr. John…

  • Kiwanis Club of St. John’s Antigua installs new board

    Kiwanis Club of St. John’s Antigua installs new board

    The Kiwanis Club of St. John’s Antigua installed its new Board of Officer and Director on Saturday, 26 September 2020. The new Board which is comprised of 10 members will serve for the period October 2020 to September, 2021. In her speech to fellow Kiwanians, Outgoing President Natasha Watts reflected on the administrative year 2019/2020…

REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]