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Ms Foulger was a panelist at the conference along with senior lecturer of economics at the Bermuda College Craig Simmons, writer and economic analyst Larry Burchall, and Kumi Bradshaw of Firm Advisory.
It is understood that the delay is because of money having been stolen from a car near St Davids Primary School.Everything is forthcoming and the clubs will be updated in the very near future, Mr Douglas said.St Davids is waiting for the largest chunk of money close to ,000 as it was the host club for the 2015 series, which was steeped in controversy after the first round, when champions Cleveland were stripped of the cup and then reinstated after an ill-tempered match against Baileys Bay.The missing amount is ,700, which represented takings from the spot sales for the three-match series played in St Davids last year.As a result, St Davids County Cricket Club, Cleveland County Cricket Club, Baileys Bay Cricket Club and Flatts Victoria Recreation Club are still awaiting funding that otherwise would have been distributed by the ECCA by now.By coming together, there is, perhaps, an immediate pain in business where there are some jobs lost but eventually it ends up being a stronger company that can achieve and employ more and contribute more.
I would encourage those in the third sector to think about areas where it makes sense to consolidate or merge.Ms Foulger told the audience: We have lots of third sector organisations in Bermuda.In the same way that we have seen consolidations going on in the insurance industry, there is never a perfect overlap, but there is a degree.Representatives from the clubs told The Royal Gazette that they had received little to no communication from the association about when or whether they would receive the money.However, Steven Douglas, the Eastern Counties president, has said that good news is on the way.They havent given a statement about how they are going to recover the money at all, Perinchief said. It will have a negative impact if we dont receive it.