Category: Local News

  • Union in Barbados writes LIAT on pilots’ behalf

    Union in Barbados writes LIAT on pilots’ behalf

    The National Union of Public Workers (NUPW) in Barbados has written to LIAT on behalf of disgruntled pilots. Union president Akanni McDowall said the union wrote chief executive officer Julie Reifer-Jones to have the pilots’ grievances addressed. In response, Reifer-Jones said she had to make checks with the Labour Department in Antigua before they could…

  • Opposition Leader blasts 2019 budget

    Opposition Leader blasts 2019 budget

    Opposition Leader, Jamale Pringle, Friday described as “disappointing” the EC$1.2 billion budget presented to Parliament by Prime Minister Gaston Browne. The debate on the fiscal package is due to begin on January 28, but Pringle, the lone successful candidate of the main opposition United progressive Party (UPP) in the last general elections, said that te…

  • Chanel Abbott arraigned, did not plea to charges

    Chanel Abbott arraigned, did not plea to charges

    Chanel Abbott, who was charged with possession of 1lb 14 ounces of cannabis and possession with intent to transfer 1lb 14 ounces of cannabis, was arraigned in the Magistrates’ Court Thursday. She did not enter a plea to the charges. Abbott was picked up on Monday when the Office of National Drug and Money Laundering Control Policy…

  • Gov’t to cover cost of another autopsy for Shawn Warner

    Gov’t to cover cost of another autopsy for Shawn Warner

    Government has agreed to cover the cost of another autopsy for Shawn Warner. Chief of Staff Lionel ‘Max’ Hurst says he believes this move will bring some sort of closure for the family. “We are going to meet the cost of having a pathologist come to Antigua to conduct another post-mortem to see if it…

  • Region urged to prepare for possibility of severe outbreak of Dengue Fever

    Region urged to prepare for possibility of severe outbreak of Dengue Fever

    The Caribbean Public Health Agency (CARPHA) has called on health officials across the region to prepare for the possibility of a severe outbreak of the mosquito borne Dengue Fever. In a statement Thursday, CARPHA said the last major regional outbreak of Dengue occurred in 2009. “Since then, the Region has experienced two large outbreaks of…

  • $1.2B budget loaded with new taxes

    $1.2B budget loaded with new taxes

    Prime Minister Gaston Browne introduced a number of new taxes and measures to boost the collection of existing taxes when he presented a $1.2 billion budget in parliament this morning. There will be a tax on sugary beverages and a tax on financial institutions. Browne said the tax on sugary drinks is necessary because Antigua…

  • The OAS dangerously in disarray

    The OAS  dangerously in disarray

    By Sir Ronald Sanders (The writer is Antigua and Barbuda’s Ambassador to the United States and the Organisation of American States.  He is also a Senior Fellow at the Institute of Commonwealth Studies at the University of London and Massey College in the University of Toronto.   The views expressed are entirely his own) Over the last few…

  • KPMG donates funds raised for cancer

    KPMG donates funds raised for cancer

    During the months of October and November, KPMG in Barbados and the Eastern Caribbean (BEC) engaged in a special campaign across Antigua and Barbuda, Barbados, Saint Lucia, and Saint Vincent to raise funds for breast and prostate cancers, respectively. Dubbed the “Pink Challenge,” for every day in October that staff across KPMG BEC wore an…

  • Tray Griffith missing more than 2 months now

    Tray Griffith missing more than 2 months now

    Police are making a fresh appeal for help locating 19-year-old Tray Griffith of Green Bay. Griffith was last seen in Green Bay about 6:45 a.m on Tuesday, November 13, 2018. He is 6′ 7” in height, medium build, dark in complexion with a low haircut. He has tattoos under both eyes and a red bull…

  • Man, 42, killed in accident at track on All Saints Road

    Man, 42, killed in accident at track on All Saints Road

    A 42-year-old man from Old Road has become the nation’s first road fatality. He died on Wednesday night while racing at the track located along All Saints Road. The man’s motorbike burst into flames before he died. Two other people were also injured.

  • Dutch team wins Atlantic Rowing Challenge

    Dutch team wins Atlantic Rowing Challenge

    The first team to complete the 2018 Talisker Whisky Atlantic Challenge arrived at the Nelsons Dockyard last evening. The four-man team of the Dutch Atlantic Four is comprised of Bart Adema, Erik Koning, David de Bruijn and Marcel Ates. The winners completed the “World’s Toughest Row” in 34 days, 12 hours and 9 minutes. As part of the…

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]