MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
MRRA (not MRA as unavertedly quoted in the press) should have given more thought prior to the approval of the exaggerated fees imposed on skip loaders and waste carriers for dumping at Maghtab.
One understands the reason for the increase – people will be forced to move elsewhere, recycle or reuse and save the hefty charge. But for most loaders there is no alternative. They have to accept the charge and lump it on the consumers, only if customers are willing to pay. Most loaders and waste carriers are already finding it hard to collect payments due to them as hoteliers and others are too hard up to pay. This is so when the rates are today only 0.04% of the new charges that WasteServ is now implementing.
GRTU is seeking a positive solution that would at least relieve waste carriers from the additional hefty expense that they have to meet as registration taxes on the purchase of new trucks to meet the new obligations to weigh the materials they carry and meet new emission standards. It is not an easy issue but GRTU is hopeful that an agreement can be reached shortly with WasteServ and with MRRA that should hopefully enable small enterprises in the waste carrier business to survive.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).