Tag: Statutory Authorities and Government Companies
Public sector headcount increased 3.1% in 2018
(CNS): The number of public sector workers across core government as well as the statutory authorities and government companies (SAGC) increased to 6,429 by the end of last year. According to the government human resources report for 2018, which was presented to the Legislative Assembly last month, over the last few years there has been […]
OfReg and CIMA directors top pay of SAGCs
(CNS): A new report from the Office of the Auditor General has revealed significant disparities in how much staff, bosses and board directors are paid across statutory authorities and government companies (SAGCs). The report shows the board chairs of OfReg and CIMA are making $4,500 and $4,000 per month and their directors are also the highest […]
Public sector grows by more than 4%
(CNS): Public sector workers employed by both core government and its authorities and companies reached a high of 6,250 people at the end of last year, according to the Annual HR Report 2016-17 released by the Portfolio of the Civil Service last month. The 4.6% increase in headcount was driven by a growth in employees […]
Auditor general warns SAGCs are under strain
(CNS): Well over half of all statutory authorities and government companies that are managed as autonomous public sector entities are running at a loss and under considerable strain, the auditor general has warned. Sue Winspear said more than eight SACGs had ended the last five years with deficits in contravention of the Public Management and […]
Bill outlaws CIG board conflicts
(CNS): The Public Authorities Bill, 2016, which is expected to go before legislators over the next few weeks when parliament meets for the last time before the General Election, will, if passed, outlaw conflicts of interest for board members. The new legislation will standardise statutory authorities and government companies (SAGCs), create a level playing field […]
‘Runaway’ SAGCs must be controlled
(CNS): The Cayman Islands Government is failing to control statutory authorities and government companies (SAGCs), which should be controlled through ownership agreements, but the budget documents that set out the annual deal between core government and the semi-autonomous entities are not being properly used to hold them to account, according to the Office of the Auditor General […]
