Connect with us

News

HOUSE COMMUNICATIONS BY HON. FRED MITCHELL MP DEBATE ON THE ELECTRICITY (AMENDMENT) ACT 2014

Published

on

House Intervention by Fred Mitchell MP

Electricity (amendment) Act

21 January 2014

Check against delivery

Mr. Speaker,

I support this legislation.

I want to say that one of the statements I remember about energy is that at a Chamber of Commerce dinner where my friend Henry Dean was named Developing Entrepreneur of the Year; former Treasury Secretary of the United States Nicholas Brady who is a resident of Lyford Cay spoke. He said that you cannot develop your economy without a reliable source of electricity. I think Bahamians know instinctively that that is correct.

You just have to ask those who cuss every time the power goes off in this country. The problem is I do not remember a time when the power was not going off in this country: it didn’t matter which government, from the UBP time to now. The history is power failure after power failure.

So this government is now in, trying to do the heavy lifting to make a reliable power supply a reality for this country. We have that brand new hotel coming up which places enormous power demands on us and we have to find a way to meet the power needs. We cannot have another summer of our people sweating in discontent.

Finally, it appears that the US is engaged in this, in seeking a solution.

In connection with their input, the U S Vice President Joe Biden is convening an energy summit in Washington DC on 26th January. Our Prime Minister in his capacity as Chair of Caricom and in his own right will be making a statement at the conference.

We welcome the engagement of the United States in this matter. In particular, we hope that this will lead to changes in policies by that country to enable cheaper access to energy supplies.

We know for example or have been told that when investors come to The Bahamas and in particular to Grand Bahama, they love the place. Everything is fine, until they hear the cost of power.

When you compare the cost of power at 40 cents per kilowatt hour produced in The Bahamas, Canada produces at 8 cents per KwH, China at 11 cents per KwH, the USA at 12 cents per KwH and Trinidad at 7 cents per KwH.

The US, UK and other partners have criticized the Caricom region for embracing Petro Caribe, a marketing programme by Venezuela to sell petroleum products to Caricom with extended credit. Recently Venezuela sold their credit note to a private sector interest. Countries are watching this carefully but it has been beneficial to all countries in the region that were facing balance of payment problems and had public sector distribution of oil.

We welcome the ability now to join the grid by supplying your own power.

Power will be one of the major determinants about the success or failure of Caricom economies. It is most important that we resolve this problem.

Renewable energy sources are the clear answer. At the moment some relief with the process of fossil fuels falling but we do not know how long this will last. So in the long term we must resolve the issue of the cost of power.

· At the Summit, the Organization of the Petroleum Exporting Countries (OPEC) will announce a team dedicated to energy projects in the Caribbean. The team will focus on identifying projects, identifying funding and marrying projects with investors. The goal is to unlock private sector capital to enhance energy security and taking on new debt is not the best way to deal with the issue.

· At the Summit, the World Bank is to announce a donor coordination mechanism; i.e. working with different countries to coordinate how energy requirements are approached in the region and to establish a new funding facility that can be drawn on and governments can contribute to.

· Create a sense of high level engagement from the US with the region on energy security, particularly regarding the notion that CARICOM should not be subject to the vagaries of oil markets, governments and oil suppliers, and towards an outcome of cheaper, safer, more reliable energy resources for the region based on market mechanisms;

· Listen to Caribbean leaders to understand better the problems that confront energy pricing and supply in the region;

· Consider necessary market and regulatory reforms in the region needed to spur investment in energy sectors;

· The US currently limits export of energy resources. CARICOM should make a loud call to the US that you should be looking to us as a market and if there will be a opening for US exports of energy resources then we should be the top of the list as a potential market;

· The Caribbean to propose ideas to make its own energy supply less hydro carbon dependent;

· US proposals cannot compete with Petro Caribe because that is not a market based system, which they assume is not sustainable, but intend to discuss what the US is offering as an alternative, namely:

· Organization of the Petroleum Exporting Countries (OPEC) guarantees for projects;

· Assisting consortium of islands to pool resources to show a demand pulse to oil companies;

· Carving out /prioritizing friends as markets using the leverage the US Government has in divvying out licenses.

For CARICOM, energy security is about creating a more competitive, dynamic and prosperous economy. Lower energy costs will unleash more disposable income for our citizens and make our economies more globally competitive.
· CARICOM would like to be seen as equal partners for investment – the methodology for cooperation could be: “What is in it for you? What is in it for me? Can we do it together?”

· The greater Caribbean should be seen as a viable market for US export and investment and as the third border of the United States, not only friends but family, we expect to be prioritized for any new access provided to US energy resources. We see today’s Summit as a measure of our mutual resolve to strengthen our common future. We look to the US Government for assistance with facilitating bridges between US resources and expertise and Caribbean potential.

· CARICOM is looking to develop its own resiliency, self-sufficiency and export potential given the energy resources, mostly untapped, in our own territories – therefore a priority for assistance should be to help us to help ourselves.

Access to multilateral finance/ aid and private capital is important to developing our own potential to be energy secure. This will require countries like the United States, who have significant influence over multilateral institutions and international financial institutions, to commit to reconceptualising indicators of development needs which are currently based on crude metrics and which lock out many Caribbean countries from access to concessional financing and aid. Either IFI’s will have to reform or risk becoming irrelevant and uncompetitive in relation to emerging international financing options.

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

News

The Department of Trade, Industry & Fair Competition to Host Export Readiness Workshop Under the theme “Empowering TCI Businesses for Local Growth and Global Markets.”

Published

on

Providenciales, Turks and Caicos Islands, February 12, 2026 — The Department of Trade is pleased to announce the launch of its Export Readiness Workshop Series, a key component of its Trade Technical Assistance Programme.

This workshop series will address priority areas critical to small business development in the Turks and Caicos Islands, offering practical guidance and hands-on support in the following areas:

  1. Standards and Quality – Identification of and compliance with regulatory and market requirements
  2. E-Commerce and Digital Trade – Expanding access to regional and international markets

The workshops will be held February 24–27, 2026 and will be delivered in an in-person, interactive format.  Each session is tailored to specific business sectors to ensure targeted support and practical application.

  1.  Workshop 1 – February 24, 2026 | Agricultural Activities and Light Manufacturing (Food & Beverage)
  2.  Workshop 2 – February 25, 2026 | Light Manufacturing (Arts & Crafts)
  3.  Workshop 3 – February 26, 2026 | Light Manufacturing (Clothing, Jewelry & Apparel Accessories)
  4.  Workshop 4 – February 27, 2026 | Light Manufacturing (Cosmetics & Skin Care)

Entrepreneurs and business owners are encouraged to take advantage of this opportunity to enhance their operational capacity, improve export readiness and position their businesses for sustainable growth.

To register, please complete the registration form via the following link Capacity Building & Export Readiness Workshop – Fill out form

For more information, please contact the Department of Trade, Industry and Fair Competition.

☎️Phone: (649) 338-3703

Email: tradetci@gov.tc

Stay updated on announcements by following @tcidepartmentoftrade on Facebook, Instagram, and @MadeInTCI on   TikTok

Continue Reading

News

Violence against children persists in Latin America and the Caribbean  

Published

on

A new report by PAHO and UNICEF warns of the impact of violence from an early age and calls for strengthening prevention, protection and response from health, education and social protection systems to break the cycle of violence and ensure safe environments.

 

PANAMA CITY / WASHINGTON, D.C., 26 January 2026 – In Latin America and the Caribbean, violence continues to be a serious threat to the lives, health and well-being of millions of children, adolescents and young people, warn the Pan American Health Organization (PAHO) and UNICEF in a new joint publication, Violence against children and adolescents in Latin America and the Caribbean: New data and solutions.

The most serious consequence of violence is the death of thousands of children, adolescents and young people. Between 2015 and 2022, 53,318 children and adolescents were victims of homicide in the region.

The most recent available data, focusing on adolescents aged 15 to 17 years, show contrasting trends by sex. Between 2021 and 2022, the homicide rate among adolescent boys decreased from 17.63 to 10.68 deaths per 100,000 in Latin America and the Caribbean, although it remains high. During the same period, the rate among female adolescents doubled, from 2.13 to 5.1 deaths per 100,000.

Homicides occur in a context of rising armed violence in some areas of the region, associated with organized crime, easy access to firearms, social inequalities and harmful gender norms, which increasingly expose adolescents to situations of lethal violence.

Different forms of violence are interconnected andin many cases, intensify over time. The report highlights how violence is present from a very early age. In the region, 6 out of 10 children and adolescents under 14 years of age are subject to some type of violent discipline at home, while one in four adolescents aged 13 to 17 experiences bullying at schoolNearly one in five women in Latin America and the Caribbean report having experienced sexual violence before the age of 18. Increasingly, violence manifests itself in digital environments, although available data remains limited.

“Every day, millions of children in Latin America and the Caribbean are exposed to violence – at home, at school and in communities with a gang presence. Multiple places and situations in the region present real risks and dangers for children,” said Roberto Benes, UNICEF Regional Director for Latin America and the Caribbean. “We know how to end the violence. In Latin America and the Caribbean, strong and sustained public policies are required to prevent and respond to violence in all its forms so that every child can grow up in a safe environment.”

“Violence has a profound and lasting impact on the physical and mental health of children and adolescents and violates their right to grow up in safe environments, at home, school and in the community,” said Dr. Jarbas Barbosa, Director of PAHO. “Health services play a key role in prevention and response: when health workers identify people and groups at risk early and provide timely, quality support, they can make a real difference for survivors, their families and communities.”

In addition to describing the scale of the problem, the report highlights evidence-based solutions that can prevent violence and mitigate its costs.

To advance this agenda and end violence in all its forms, PAHO and UNICEF urge governments in the region to strengthen and enforce child protection laws, ensure effective control of firearms, train police officers, teachers, and health and social workers, support parents and caregivers in respectful parenting practices, invest in safe learning environments, and scale up responsive services to ensure that all children and adolescents grow up protected, have access to justice, and live healthy, violence-free lives.

The report was validated during a regional ministerial consultation held on 23-24 October 2025, which brought together more than 300 participants from across the region, including ministers and senior officials from the health, education, justice and child protection sectors, as well as civil society representatives, youth leaders and international partners, with the aim of agreeing on concrete actions to build safer environments for children and adolescents.

Continue Reading

News

Invest TCI Launches Fisheries Pilot to Strengthen the Local Fishing Industry

Published

on

Providenciales, Turks and Caicos Islands – Thursday, 22nd January 2026: Invest Turks and Caicos has officially launched its

A man pulling in a fishing net with a successful catch

Fisheries Pilot Programme, an initiative designed to transform local fishing from a subsistence activity into a sustainable, growth-oriented business sector. The pilot supports 18 fisherfolk across the islands, providing each with funding of up to $50,000 to purchase vessels, engines, fishing gear, and other essential equipment. In addition to financial assistance, each participant receives business coaching and technical support to help them establish recordkeeping systems and strengthen their financial management.

The programme, developed in partnership with the Ministry of Tourism, Environment, Fisheries, and Marine Affairs, was created in

response to the increasing number of fishing-related applications under the MSME Programme. To address this surge and support the development of the sector, in FY 2024/2025 Cabinet approved $1 million in special funding dedicated specifically to commercial fishing activities.

The initiative officially kicked off in South Caicos on the 9th October 2025, where Invest TCI’s VP of SME Development, Alexa Cooper, and Business Advisor/Programme Manager, Lashena Simmons, joined by Director of Fisheries Mr. Ponteen and Dr. Alvarez, engaged participants in a roundtable discussion on progress, challenges, and next steps.

“This Fisheries Pilot is about helping our local fisherfolk move from survival to sustainability. Through our partnership with the Ministry, we are providing not only equipment and funding, but the business support needed to help them grow strong, viable enterprises. The island meetings ensure that participants remain supported and on track as the programme continues.” – Alexa Cooper, VP of SME Development, Invest Turks and Caicos.

“I know firsthand how important this industry is to our future, not only environmentally, but in how it provides for local families and sustains entire communities. This Fisheries Pilot is about giving our fisherfolk the tools to operate more efficiently, earn more from their work, and build businesses that can last. Through this partnership with Invest Turks and Caicos, we are strengthening food security while ensuring the sector grows in a responsible and sustainable way.” – Hon. Zhavargo Jolly- Minister of Tourism, Environment, Fisheries and Marine Affairs.

Meetings will continue across the islands, with upcoming sessions planned for Grand Turk and Providenciales in February. Through this pilot, Invest TCI aims to build a model for future sectoral support, ensuring that local fisherfolk can operate more efficiently, profitably, and sustainably while contributing to national food security and economic resilience.

Yellowtail snapper.

Continue Reading

FIND US ON FACEBOOK

TRENDING