Connect with us

Caribbean News

TCI: What if we – TOGETHER – invested the $11 Million?

Published

on

#TurksandCaicos, March 8, 2021 – Spanx, now a billion dollar company was launched with just $5,000 of personal savings and family support to a then 27-year old Sara Blakely.

The Ritz-Carlton brand, which we are soon to see officially labelling a new luxury hotel on Grace Bay was started in the 1920s with just under $6 million; now the franchise has 30,000 resort rooms all over the world.

So far be it from possible to think $11 million dollars in capital couldn’t revolutionise the lives of ordinary Turks and Caicos Islanders.

Here is the man who dares us all to dream bigger, instead of flushing a free gift down the consumer toilet. 

Benneth Williams is known as a hard-working man who wears a number of caps which lead him to lend to the development of children, protection of the environment, healthier living and cultural appreciation.

“My father’s name is Arthur Williams and my mother’s name is Winefred McIntosh.  I’m from Providenciales, Turks and Caicos Islands.  I was brought up in the Bight, Providenciales.  I went to school in South Caicos,” said Williams when we asked him to tell us who he is.

The husband and father goes on to speak about the family he has now built and his personal passions including in sports and environmental sustainability. 

Eventually he gets to the meat of the matter, that the money Government is giving in a cash stimulus could become the gift that keeps on giving.

This story started with Benneth Williams sending to me advice on what to do and what not to do once I received the government-granted $1,000 cash stimulus, as a relief to economic hardships brought on by the Coronavirus Pandemic. 

“Create a budget; address essential needs; add to a personal emergency fund; pay down on debt; help your local community; open a high-yield savings account; invest in yourself and improve your skills; donate to those in need…just my two cents,” said Mr. Williams on March 2, 2021 in a WhatsApp message.

Williams is a man of many opinions and many ideas about what it takes for Turks and Caicos to be better.  He put those thoughts to action, when he offered in the 2016 general elections.  He was not successful in the bid, but this advocate is not silenced.

“You probably don’t want to hear what I think about this $11 million dollars.  I think all of us should collectively open up our own bank and use this $11 million dollars. All of us would have shares or maybe if all of us decided, we’re not going to take this money and invest it in a hotel where all of us have shares in that hotel,” said Williams who added, “I understand there is a hotel on Grace Bay where its profit last year was $126 million dollars.   A hundred and twenty-six million dollars!  I’m not sure if what I heard was right but you’re talking $11 million dollars investing in something where everybody, all 11,000 of us could be shareholders!”

Williams sees the cash grant as a not-to-be-wasted opportunity for financial security of islanders.

The Progressive National Party ran an election campaign which promised residents that a substantial payout of cash was what the effect of the pandemic demanded and what the people of the islands required.

Seven days after taking office, the announcement of a $1,000 hassle-free cash stimulus to all Turks and Caicos Islanders and all British Overseas Territory Citizens (resident in TCI 12-months) came.  Two days later the registration portal was opened and two days after that, residents began receiving e-mail messages that they had been approved for the money.

“People should really consider this money and see what we can do with this money, because you don’t have the money now and you’re still living so maybe use it for something bigger.”

Benneth and Shauna, his wife have been married for 22-years and have three children. 

One son wants to attend what Mr. Williams called, “an expensive football school…” and as parents of the talented athlete, they want to give him the best possible education and experience they can.  Williams said a national coming together of this kind would make that lofty dream more of a reality for Turks and Caicos families.

“This is $11 million dollars and if you give it to me and with my $1,000 I go ahead and invest it, then five years from now what really is my investment going to be? Not much.  But I think if collectively we put that money together and decide that we are going to invest it into something that is tangible and unique to the Turks and Caicos Islands we can see something that our children can say, this is the sacrifice our parents made and this is the reward I am getting right now from their investment, that they did 10 years or 15 years ago.”

Key ideas coming from the swimming and football coach were for a re-boot of a Turks and Caicos bank or a 100% Turks and Caicos Islander owned hotel, in the northwestern end of Providenciales.

“How about that?  Banking with your own bank.  Doing business with your own bank.  Make your money, make money for you.  Or what about a hotel down in Northwest Point?  Nothing much is up there, but there is a hotel in that area raking in millions of dollars.  Why not, we do the same thing!  Villas are making money, private villas are making money and that is the same thing in northwest point.  Let us invest in something that is tangible, that we can have somebody run it and all I am looking at is the bottom line so that I can get the return on my investment.  Something I can use to send my kids to school, I can use to make other investments, I can help my daughter with swimming lessons, help my kid in going to the school he really wants to.”

Williams said so many islanders have to face an often heart-breaking reality when they are unable to provide for their families in more meaningful ways.

Williams said the stifling feeling of lack can all be a thing of the past if recipients of the free-cash were to merge the money for this cause of greater financial security. 

“We don’t own anything in Grace Bay and that can all change.  It’s just my thought, maybe we could invest the money versus all of us going to pay a company that is already raking in millions of dollars to take yourself out of a hole only to still be in indebt years from now.”

The message of Mr. Williams is not a unique one, though at this time it grabs special attention. 

Economic empowerment for Turks and Caicos Islanders is often touted by politicians, preachers, corporate and civic leaders and the layman, but unlike any other time in history, the Government has been given the green light to distribute funds to help and indigenous islanders and those funds could wisely be used to build a revenue generating future.

“We can all sell this destination for ourselves but we have to do it collectively, together and that is all I’m saying.”

Caribbean News

Fighting the fungus foe of the beloved banana

Published

on

How Venezuelan farmers are learning to grow and live with a devastating plant disease

 

In the fields of Venezuela, where the banana has been for generations a symbol of sustenance and tradition, a shadow fell across the land. In 2023, Venezuela’s National Institute of Integral Agricultural Health (INSAI) declared a phytosanitary emergency: the fungus Fusarium Tropical Race 4 (TR4) (Fusarium oxysporum f. sp. cubense tropical race 4; syn. Fusarium odoratissimum) had arrived in producing areas in the states of Aragua, Carabobo and Cojedes.

This fungus, considered a devastating disease of banana and plantain (Musaceae) trees, can remain in the soil for more than two decades, threatening production and the lives of those who depend on it.

In the state of Aragua in the north of the country, the Renacer community had been growing bananas and plantains on 20 hectares since 2018. Then Fusarium arrived.

“When the disease hit, the entire plantation began to deteriorate. We refused to ‘die’ with the trees because that was our livelihood. The visits of INSAI confirmed that we had to chop down the banana trees. I cried a lot because I had worked with my banana trees for years,” recalls woman farmer, Lesbia Margarita García, with a broken voice.

In response, INSAI implemented measures to eliminate the affected plantations and improve the soil health by changing to other crops that allow agricultural production to recover. The Food and Agriculture Organization of the United Nations (FAO) offered assistance by providing corn seeds, tools, biosecurity inputs and training, with teams of experts helping farmers to start again.

“Planting corn, thanks to the INSAI-FAO programme, gave us a harvest that benefited everyone. We have been improving the soil,” says Lesbia Margarita with a smile. “Now we rotate crops, observe soil health and have learned how to use natural fertilizers. Expert assistance has been key.”

The pilot project works directly with affected producers in high-risk areas, promoting alternative crops such as cereals and vegetables, delivering inputs and tools to mitigate damage and applying biosecurity measures for safe and effective containment.

“Beyond the corn received, we have already planted cassava, chili peppers, beans and pumpkin. We hope that by the end of the year [2025] we will be diversified and that each season we will have something to sell. These lands do not give up,” says Lesbia Margarita with conviction.

The Renacer community is beginning to see fruits. Their products are reaching local markets, generating income and rebuilding their livelihoods.

Key actions to manage Fusarium TR4 are ongoing, including regular monitoring, continuous training, inter‑institutional coordination, updates to the national plan, information campaigns and producer impact assessments. INSAI is sustaining regulatory, surveillance measures and training —with FAO support—as part of a comprehensive long‑term strategy.

At the global level, FAO supports awareness raising, capacity building and international collaboration in the fight against Fusarium TR4 by facilitating the World Banana Forum and its Global Network on TR4.

“The objective is for countries to strengthen their operational and technical capacity, articulating actions between the public sector, the private sector and family farmers,” says Raixa Llauger, FAO Agriculture Officer in Mesoamerica. “FAO and local partners have promoted this approach in Venezuela.”

As an essential part of the activities, a comprehensive training programme was developed with activities that taught farmers how to identify the disease contain it and protect crops. In addition, FAO has distributed laboratory equipment, biosecurity tools and a multispectral drone to INSAI. Drones are an efficient and cost‑effective tool for phytosanitary surveillance, offering rapid, high‑resolution monitoring and early detection of plant pests and diseases.

Overall, the project strengthened biosecurity measures against the Fusarium fungus through the adoption of the National Action Plan and the establishment of partnerships with national and international institutions. In addition, the pilot initiative supporting smallholder farmers in key production areas and a nationwide awareness campaign with broad outreach improved surveillance, diagnosis and phytosanitary response capacities across the country.

Continue Reading

Caribbean News

Widow’s Testimony Recounts Night Haiti President Was Killed

Published

on

MIAMI, Florida — Emotional testimony from Martine Moïse, the widow of assassinated Haitian President Jovenel Moïse, has given jurors in a U.S. federal courtroom a chilling account of the night gunmen stormed the presidential residence and killed the country’s leader.

Martine Moïse took the stand this week in Miami as part of the ongoing trial of several men accused of helping plan and finance the July 7, 2021 assassination, a crime that plunged Haiti into political crisis and remains only partially solved.

She told the court that armed men forced their way into the president’s private home in the hills above Port-au-Prince during the early morning hours, firing multiple shots at her husband while she lay beside him. She testified that she was also wounded in the attack and survived by pretending to be dead until the gunmen left the room.

According to prosecutors, the plot involved a group of foreign mercenaries, including former Colombian soldiers, along with Haitian and Haitian-American suspects. Investigators say some of the men believed the mission was to detain the president, but the operation turned into an assassination.

The Miami trial is focusing on the alleged role of South Florida businessmen and others accused of organizing or financing the plan, part of a wider international investigation that has stretched across several countries.

More than four years after the killing, the question of who ultimately ordered the assassination remains unanswered, with suspects still in custody in both Haiti and the United States as the case continues to unfold.

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

Continue Reading

Caribbean News

Jamaica Joins Afreximbank Agreement, Strengthening Africa–Caribbean Partnership

Published

on

CARIBBEAN — Jamaica has become the 13th CARICOM member state to accede to the African Export-Import Bank Establishment Agreement, further strengthening economic ties between Africa and the Caribbean.

The development was confirmed during the 50th CARICOM Heads of Government Meeting, where an Afreximbank delegation led by George Elombi and Kanayo Awani met with Jamaica’s Prime Minister Andrew Holness to advance cooperation.

Prime Minister Holness thanked the bank for its support following Jamaica’s recent hurricane, noting that Afreximbank financing helped restore critical infrastructure including water, electricity, sewage systems and roads, while also assisting reconstruction efforts aimed at building stronger resilience to future disasters.

The meeting also focused on broader development opportunities tied to Jamaica’s membership in the agreement. Discussions included rebuilding and modernising infrastructure such as railways, hospitals and other public facilities, while strengthening regional transportation and trade networks to improve the movement of people and goods across the Caribbean.

Afreximbank has been expanding its presence in the Caribbean as part of its strategy to connect Africa with the region often referred to as “Global Africa.” The bank has already committed billions of dollars in financing and trade support to Caribbean economies in recent years, including funding for infrastructure, trade facilitation and private sector investment.

By joining the agreement, Jamaica gains expanded access to Afreximbank’s financial instruments, technical support and trade networks designed to promote commerce between Africa and CARICOM states.

Regional leaders say the growing partnership could unlock new opportunities in areas such as trade, logistics, tourism, manufacturing and cultural exchange, strengthening economic cooperation between the two regions with deep historical and diaspora ties.

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

Continue Reading

FIND US ON FACEBOOK

TRENDING