Monday, May 6, 2024

Time for big stick

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PRIME MINISTER FREUNDEL STUART is backing a crackdown on self-employed people refusing to meet their obligation to the National Insurance Scheme (NIS).

With only 3 500 self-employed people registered, way lower than the estimated 20 000 in the informal sector, Stuart suggested that the situation needed further analysis and urgent attention.

And while suasion had been used to pull more people into the net, the Prime Minister said this had only produced modest results.

“I hold the view, therefore, given how high the stakes are, and for the very protection of the self-employed, that a legislative intervention may now be necessary,” he declared while delivering the feature address at the NIS’ 50th Anniversary Gala And GEM Awards Ceremony at the Lloyd Erskine Sandiford Centre on Saturday night. (WILLCOMM)

Please read the full story in today’s Daily Nation, or in the eNATION edition.

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