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...
Commissioner Reding is striving hard to cause more women to be nominated on the Board of Directors of Companies. In Malta she has the full backing of Chris Said the OPM Parliamentary Secretary. Reding really threatens to impose a 40% women quota on Boards of listed companies. Business community representatives are dead against this. We at GRTU recognise that there is the need of more women but we would object most strongly to any imposition.
Board of Directors like senior management in enterprise are an important economic function and merit and not gender should be the main criteria. GRTU would also object to any selection criteria imposed on private businesses especially small owner managed and mainly family businesses. This not withstanding GRTU recommends, specialised funded schemes to train more people to be able to take Board Directorship and would support special support for women who wish to be trained for such important roles but GRTU would strongly object to the system that is now being adopted in the Public Sector where women are being appointed simply because they are woman and irrespective of whether they have the training and the abilities needed for the roles given. GRTU also objects when men are appointed irrespective of ability and training but based on other criteria.
There is so much that depends on the success of enterprise – jobs, economic growth, general well-being and quality of life for all, men and women. Choice of leaders on type of genitals is ridiculous.
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).