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TCI Will Host National Money Laundering Workshop in June

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Turks and Caicos, May 19, 2017 – Providenciales – At the 13th meeting of the Cabinet held on Wednesday, 17 May 2017, His Excellency, Governor Dr. John Freeman announced that he is to approve funding from the National Forfeiture Fund to host the final workshop in TCI.

The final workshop is facilitated by the World Bank and will conclude the TCI National Money Laundering and Terrorist Financing Risk Assessment (National Risk Assessment) project. The workshop is scheduled for June 28-30.

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Fuel Costs Rise Again as Pelican Energy Warns of Global Pressures

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Turks and Caicos, March 30, 2026 – Electricity costs in the Turks and Caicos Islands are climbing again, with Pelican Energy reporting increases in the fuel factor for March, while warning that global instability could push prices even higher in the months ahead.

In its latest update to customers, the power provider confirmed that fuel factor rates — the portion of electricity bills tied directly to the cost of fuel — have risen across most service territories.

Providenciales, North Caicos and Middle Caicos will see a 3.4 percent increase, bringing the rate to $0.1658 per kilowatt hour, while Grand Turk and Salt Cay will experience a 2.8 percent rise to $0.1569 per kWh. The rate for South Caicos is still pending, though in February it climbed by 2.8 percent to $0.1728 per kWh.

The fuel factor is a variable charge, meaning it moves in response to international oil prices — and right now, those prices are under pressure.

Pelican Energy pointed to geopolitical tensions in the Middle East, including ongoing conflict affecting key global shipping routes such as the Strait of Hormuz, as a major driver of recent increases.

That narrow waterway near Iran is one of the world’s most critical oil transit corridors, with a significant share of global fuel supply passing through it daily. Any disruption — whether from conflict, threats, or shipping delays — has a direct impact on global prices.

Energy markets have remained volatile as a result, with production decisions by OPEC and its allies also influencing supply levels and pricing trends.

For the Turks and Caicos Islands, which relies heavily on imported fuel for electricity generation, the impact is immediate.

“Because we rely on imported fuel to generate electricity, these market conditions can influence fuel costs in TCI,” the company said, noting that it is closely monitoring developments.

While the upward movement in fuel costs is concerning, Pelican Energy also indicated that infrastructure upgrades are underway — projects that may cause short-term inconvenience but are expected to improve long-term energy reliability.

Those improvements could include enhancements to generation capacity and distribution systems, though in the near term, residents and businesses may experience disruptions, including traffic impacts linked to ongoing works.

The company emphasized that the fuel factor will continue to fluctuate in line with global trends, rising when international prices increase and falling when they decline.

For consumers already facing high utility costs, the latest adjustment reinforces how closely local electricity prices are tied to global events far beyond the region’s control.

With tensions in key oil-producing areas showing no clear resolution, and global supply routes remaining vulnerable, the outlook for fuel costs remains uncertain.

For now, Pelican Energy says it will continue to monitor international developments and keep customers informed — but the message is clear: what happens in global oil markets is being felt directly on electricity bills at home.

Developed by Deandrea Hamilton • with ChatGPT (AI) • edited by Magnetic Media.

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Millions Unspent, Projects Stalled as Astwood Questions Government Efficiency

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Turks and Caicos, March 30, 2026 – Millions of dollars in stalled projects and unspent staffing allocations came under fire in the House of Assembly on Monday, as Opposition Leader Edwin Astwood questioned the government’s efficiency during debate on a third Budget Supplementary.

Astwood’s critique came following the presentation by Premier and Finance Minister Charles Washington Misick and zeroed in on what he described as a troubling pattern of inefficiency, poor execution, and systemic underperformance across government.

Central to his argument was what appears to be a significant gap between what the government says it needs — and what it actually delivers.

“There is a serious issue that I’m seeing in the government in terms of staffing,” Astwood told the House, pointing to approximately $8.5 million in unspent human resource allocations.

“That can be misleading… it is positions that were not hired… positions that last year at this time we were told we greatly needed… but yet this year again we have some $8.5 million that was supposed to be spent on human resources, but sadly it never came to fruition.”

The Opposition Leader argued that the failure to fill key roles is directly linked to broader inefficiencies, including delayed or cancelled projects and reduced performance across ministries.

“You say you need these staff but you existed a whole year without these staff? Help me understand why you need this?” he challenged, adding that departments are being held accountable for outcomes without being given the necessary resources.

In a pointed analogy, Astwood compared the situation to sending an under-resourced army into battle.

“If I am a general… and I tell you what I need to accomplish the task… and you don’t give it to me… when I don’t accomplish my goal you can’t blame me.”

He said civil servants are repeatedly requesting manpower, skills and support, only for those requests to go unmet, while expectations remain unchanged.

The result, he suggested, is a cycle of underperformance driven not by lack of effort, but by lack of capacity.

Astwood also tied the staffing gaps to what he described as a consistent pattern of project cancellations across successive budget supplementaries.

“This is our third supplementary… at each one we had projects being cancelled or ‘rescoped’… but sadly many of those projects we do not see return to the budget.”

Among the projects cited as cut or delayed were community centres in Bottle Creek and The Bight, the Blue Hills signage project, upgrades to Fuller and Clementina Walker Park, and critical works to landfill infrastructure — all identified as important national priorities.

Particularly concerning, he said, is the timing of project execution.

Astwood revealed that as many as 20 projects were only put out to tender in the final weeks of the financial year, raising serious questions about planning and delivery.

“So one has a whole year, 52 weeks… and 49 out of 52 weeks these projects didn’t move,” he said.

“Is that efficiency… tendering projects in the last three weeks of the year?”

Projects ranging from road works and community infrastructure to mobile clinics, airport services, and police station repairs were all listed as being advanced only at the end of the fiscal cycle.

While some may argue that progress — even late — is better than none, Astwood rejected that notion.

“People might say better late than never, but is this efficiency? Is this how we want our government to be working?” he asked.

The Opposition Leader also raised concerns about leadership and accountability within government, questioning whether clear direction is being given to senior public officers.

“Were your instructions clear to your permanent secretaries, your directors, your heads of departments?” he asked.

“If it was clear, it is not your fault… but if it’s not clear… it is directly your fault.”

The remarks have now added to growing scrutiny over government performance, particularly as the country prepares for a new budget cycle and faces increasing demand for infrastructure, services and delivery.

With millions allocated but not spent, and key projects either delayed or removed entirely, the debate now turns to whether the issue is one of resources — or of execution.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Bahamas News

Bahamasair Backs Surge as Bahamians Flood South Florida for V.J. Edgecombe Showdown  

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PHOTO BY SIXERS NATION

 

Bahamian pride is already on full display in South Florida, with fans arriving in strong numbers ahead of tonight’s highly anticipated NBA matchup featuring VJ Edgecombe and the Philadelphia 76ers.

Helping to power that movement was Bahamasair, which rolled out a strategic promotion to facilitate travel, turning the game into a full-scale national showing.

And the celebration started early.

A “Bahamas Invades Florida” pre-party over the weekend set the tone, with Bahamian fans, DJs and supporters converging in Fort Lauderdale to build momentum ahead of the game.  The event, marketed as a major cultural gathering, has spilled into Miami, where a strong Bahamian presence is expected inside the arena tonight.

This is no ordinary road game.

The Sixers enter the matchup healthy and are favoured to win, adding to the anticipation surrounding what many expect to be a standout performance by the Biminite guard.

Edgecombe, the third overall pick in the 2025 NBA Draft, has been electric in his rookie season — delivering high-scoring performances and quickly establishing himself as one of the league’s most exciting young talents.

But beyond the stats, it’s the moment that matters.

With South Florida just a short flight away, Bahamians have seized the opportunity to show up in force — flags, energy and all — transforming the game into something far bigger than basketball.

A national turnout.
A rising star.
And a night where the Bahamas is expected to be felt — from tip-off to final buzzer.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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