Business

Job cuts hover over TSTT

As many as 2,000 work­ers could be fac­ing the axe as the Telecom­mu­ni­ca­tions Ser­vices of Trinidad and To­ba­go (TSTT) re­brands it­self in­to the TSTT Group of Com­pa­nies by No­vem­ber 1.

The com­pa­ny, ac­cord­ing to the rep­re­sent­ing union, the Com­mu­ni­ca­tion Work­ers' Union (CWU), said that num­ber in­clud­ed the 1,600 to 1,700 per­ma­nent work­ers and an ad­di­tion­al 200 or so ca­su­al and tem­po­rary work­ers.

Ousted Tobago Chamber boss shocked by removal

Oust­ed chair­man of the To­ba­go di­vi­sion of the Trinidad and To­ba­go Cham­ber of In­dus­try and Com­merce Claude Benoit ad­mits to feel­ing a lev­el of “dis­trust” and “dis­ap­point­ment” by what he deems a “coup d’etat against him,” by mem­bers of the ex­ec­u­tive man­age­ment of the To­ba­go Cham­ber while he was out of the coun­try on va­ca­tion.

Speak­ing to Guardian Me­dia on Thurs­day, Benoit said he was sur­prised by the ac­tion since be­fore he left for va­ca­tion “I held a meet­ing with them, and we had no prob­lem.”

Imbert dismisses claims that super gasoline is truly $5/litre

Minister of Finance Colm Imbert has dismissed claims on social media that the price of super gasoline is actually $5.00 as "nonsense".

Several have taken to social media claiming the gas price of $4.97 is, in reality, the rounded figure of $5.00 as the one cent is no longer legal tender.

In response, the Finance Minister in a text message to Guardian Media said, "Who buys only one litre of gas in cash? And how was it done last week? When the price was $3.97?"

The super gas price was raised by $1 during Monday's presentation.

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