– expresses worry over impact on foreign reservesAlthough the Private Sector was part of the consultation process which helped to shape Budget 2019, its umbrella organisation, the Private Sector Commission (PSC), has listed a number of issues it has with the coalition Government’s annual financial blueprint for the country.The Commission said in a statement on Tuesday that it was mainly concerned about the level of proposed overall tax revenue on businesses and individuals as Budget 2019 projects a 9.9 per cent increase in revenue, while the economy is projected to grow by 4.6 per cent. “Most importantly, there is no provision for reliefPSC Chairman Desmond Searson energy costs, which are stifling businesses,” it said.However, the PSC recalled that it had recommended the gradual lowering of the Corporation Tax over a period of 10 years to 20 per cent. “The PSC is, therefore, pleased at the reduction to 25 per cent which was announced for 2019 and signals a commitment to this mutual goal.”Further, the PSC said it was cognisant of the need to incentivise the manufacturing sector and had hoped that given the large input of the services sector to Guyana’s Gross Domestic Product, thought would have been given to reducing the tax rate for commercial businesses from the draconian 40 per cent as this is having an adverse effect on legitimate businesses.“Worrying too is the impact of Budget 2019 upon the foreign reserves of the Central Bank; an impact that does not appear to have taken cognisance of the need to cushion against external shocks to which the country and its currency are vulnerable,” the statement added.Nevertheless, the PSC said it was pleased that Budget 2019 contained several measures such as the raising of the tax threshold, which it had proposed for the relief of the tax burden upon employees, and the monies earmarked for hinterland airstrips.The PSC said it was also pleased that plans have been announced for the construction of the Linden-Lethem road which it said will ease the woes of businesses and residents which depend on that area for their livelihood. “The direFinance Minister Winston Jordonneed for the East Bank road, which had been proposed by the Commission, has also been addressed and the Commission is heartened that the development of modern Port Georgetown is being addressed.” The PSC also was pleased with provisions for the differently-abled, a demographic which was often neglected.Following the Budget presentation on Monday, Georgetown Chamber of Commerce and Industry (GCCI) Executive Director Richard Rambarran said that although The Private Sector was happy to see some money going back into the hands of consumers, it was extremely disappointed that the Government has made no move to remove or reduce the excise tax on fuel.He explained that in 2018, fuel has had a rehabilitating effect on the Private Sector, because it was multipurpose. He noted that it was not only used in manufacturing, but in every other aspect of business. “It is used in distribution, it is used in just about every single aspect of the production and distribution line; and as such, there should be something, or there should have been something, which addresses fuel costs,” he noted.Rambarran further related that the Government needed to be more serious about the development of a green economy, and not just talk about developing a green economy. He noted the lack of advancement in this area despite the Government repeatedly talking about the Green State Development Strategy.The GCCI Executive Director also noted that the current budget presented needed to be taken within the current context of Guyana, since, according to the 2018 numbers, there has been minimal growth in a number of sectors and sub-sectors, as well as contraction in a few. However, he said that they were pleased with the measures identified which would ultimately put money back into the hands of the consumers as well as the Private Sector.On the issue of tax reduction, he explained that the Private Sector was somewhat pleased with some of the reductions identified, but reminded that the decreases were not across-the-board.Guyana’s Private Sector bodies have been calling on Government to cushion the effect of the excise tax on fuel prices, which affect every aspect of their businesses.
WILMINGTON, MA — Longtime Wilmington School Committee member Peggy Kane has resigned.The announcement was made at the end of last night’s School Committee meeting, when Chair Julie Broussard read a letter from Kane, who was not present at the meeting.“Due to recent events in my life, I find it necessary to relinquish my position on the Wilmington School Committee effective June 13, 2018,” wrote Kane. “My time on the School Committee has been truly gratifying. I enjoyed being part of the education of Wilmington’s children. Thank you.”Kane was the School Committee’s stalwart, serving for nearly 18 years, including as Chair from 2007 to 2016. The Massachusetts Association of School Committees previously honored Kane with its “All-State School Committee” award for her dedication and accomplishments as a member of the Committee.Kane had previously announced she would not seek re-election when her current term expired in April 2019.School Committee Chair Julie Broussard told her colleagues she will speak with Town Clerk Sharon George regarding the procedure to fill the unexpected vacancy.According to School Committee policy — based on Massachusetts General Law (Title 7, Chapter 41, Section 11) — the remaining six members of the School Committee and the five members of the Board of Selectmen share the responsibility for finding Kane’s replacement.The policy reads:“The School Committee will notify the Selectmen that a vacancy has been created within 30 days after it has occurred. After one week’s notice has been given by the Committee to the Selectmen, so that voters of the town may have the opportunity to state their candidacy, the two governing bodies will meet to fill the vacancy by roll call vote.”“For election to fill a vacancy, a candidate must receive a majority of the votes of the officers entitled to vote. The person so elected will fill the seat on the Committee until the next town election, at which time a member will be elected to serve the remainder of the term.”It is expected that the Selectmen and School Committee will hold a joint meeting within the next 4-5 weeks to fill the vacancy. There will be 9-10 months remaining in Kane’s unexpired term when the appointment is made.Back in 2005, when the Selectmen and School Committee met under similar circumstances to fill a vacancy on the School Committee, it did not go smoothly.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… RelatedBREAKING NEWS: Longtime School Committee Member, Community Leader Peggy Kane Passes AwayIn “Breaking News”Special Education PAC Chair Jo Newhouse Appointed To Wilmington School CommitteeIn “Education”SCHOOL COMMITTEE NEWS: New Chair Selected; Final Day of School FinalizedIn “Education”
A man is seen in front of a Didi sign before a promotional event of its Hitch service for the Spring festival travel rush, in Beijing, China on 24 January 2018. Reuters File PhotoChina’s largest ride-hailing firm Didi Chuxing is suspending its Hitch services nationwide, the company said in a statement on Sunday, a day after police said a ride-sharing passenger in the eastern Chinese city of Wenzhou was raped and killed by a driver.Didi Chuxing, the biggest ride-sharing firm globally by number of trips, said it was sorry that the carpooling service would be suspended from 27 August due to “disappointing mistakes” while the company reevaluated the product’s business model.The suspected murder of the 20-year-old woman, who Wenzhou police identified only with the surname Zhao, is the latest in a series of violent crimes that have fuelled safety concerns about the service.Zhao got into a Hitch carpool vehicle at 1:00pm (0500 GMT) on Friday, and sent a message to a friend at around 2:00pm seeking help before losing contact, according to a local police statement.A 27-year-old driver named Zhong was detained at about 4:00am on Saturday and confessed to raping and killing the passenger, the statement said, adding the victim’s body had been recovered and an investigation was continuing.Didi said on Sunday that the suspect has no prior criminal record, had provided authentic documentation and passed a facial recognition test before starting work.However, the company said on Saturday there was a prior complaint made against the driver on Thursday by a passenger who alleged the driver took them to a remote place and then followed the passenger after exiting the vehicle.”The incident shows the many deficiencies with our customer service processes, especially the failure to act swiftly on the previous passenger’s complaint and the cumbersome and rigid process of information sharing with the police,” the company said in the statement on Sunday.The Hitch carpooling service has served over 1 billion trips in the past three years, the company said.Didi should be punished if it fails to put customers safety first, China’s official Xinhua News agency said in a commentary on Sunday.Didi has increased its safety measures for Hitch after the murder of a flight attendant during a Hitch ride in May sparked community outrage.The steps included limiting Hitch drivers to only picking up passengers of the same sex during early morning and late evening hours.
To embed this piece of audio in your site, please use this code: Florian Martin/Houston Public MediaBrent Smith, PhD, teaches executives in Rice University’s new Leadership Accelerator. 00:00 /04:01 X Listen Share Rice University’s Jones Graduate School of Business has launched a leadership accelerator, a four-day program that teaches executives to become better leaders.“The value of leadership education is to prepare people for a set of responsibilities that they’re generally not prepared for, honestly,” said the course’s instructor, management professor and senior associate dean of executive education at Rice Business Brent Smith.The program includes four “building blocks”: leading oneself, leading others, leading the team and leading the enterprise.Smith said people are often looking for a simple recipe to improve their leadership skills. But it’s not that simple.“I can’t define leadership,” he said. “It’s not something that I’ve ever attempted to do in my two decades being a professor. Because as soon as I define leadership at a general enough level to apply to a large population of leaders, it’s so general that it’s meaningless.”Instead, Smith tells his executive students to understand the context of what they are leading.“The people that you lead and what are their expectations,” he said. “The outcomes that you’re expected to accomplish and how those might be different from the outcomes that you were expected to accomplish six months ago; strategy and how it might have changed in your organization; culture and what you’re trying to reinforce.”Smith said studies consistently show bad leaders are unable to understand emotions, whether in themselves or others. They are insensitive or intimidating in their management style, don’t adapt to different people or the circumstance they are in, and don’t take responsibility for their team’s performance.The first Leadership Accelerator course is fully booked and starts on Monday, June 17. The next one will be offered in The Woodlands Oct. 7 through 10.The one after that takes place at Rice Nov. 4 through 7.Click on the audio above to listen to the interview with Smith.