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Harrison’s Cave ‘can be profitable’


Harrison’s Cave ‘can be profitable’

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POLITICAL CONSIDERATIONS need to be kept out of the business of Harrison’s Cave for it to become viable.

That’s the advice from an insider there who revealed the audited financial statements for the financial years 2005 to 2010 for the Caves of Barbados Limited (CBL), which operates the cave, were all but ready.

As efforts increase within CBL to make it more financially attractive to a private sector partner, the source said audits for the financial years 2005 to 2008, along with annual reports signed by then chairman Ian Broome, were submitted since 2012.

However, the next year when the Cave was moved from under the Ministry of the Environment, to the Ministry of Tourism, all the signed annual reports at the ministry went missing, said the source. Those documents held at the Cave also vanished, the DAILY NATION was informed.

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