By NATARIO McKENZIE
Tribune Business Reporter
nmckenzie@tribunemedia.net
The New Providence landfill manager said yesterday it was still in talks with the Government about revising its current five-year management contract, although it hopes to have its recycling facility operational soon.
Michael Cox, Renew Bahamas’ chief executive, told Tribune Business: “Dialogue is still ongoing with the Government on the contract situation. We’re working with the Government on that issue.”
The company confirmed to Tribune Business back in April that it was in “active” talks with the Government to alter the terms of its five-year landfill management contract, after “substantial” losses showed its original financial projections were invalid. The company’s management contact runs until 2019.
Mr Cox, meanwhile, said Renew Bahamas’ recycling facility was still out of operation. A landfill fire had damaged a key component of its materials recycling operation, the baler.
“It got hit by lightning after the fire damage, and I’m waiting to put roof back on to it. We hope to have that back up and running soon,” he said.
That facility was used for the dry recycling of paper and plastics.
Mr Cox said Renew Bahamas was expecting another machine soon which would be able to process metals, adding that more details would be released in the coming weeks.
He also reassured that the company was meeting its financial obligations to former and current employees.
Earlier this month, the landfill management company announced that 40 employees were made redundant at the Tonique Williams Highway site.
Additionally, the company announced that Mr Cox, former chief operations officer, had replaced Gerhard Beukes as chief executive.
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