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Fuel not likely to go down, but one Grocer says his prices will

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Caicos Oil & Sam’s Club open up about the Government’s Fuel & Food Tax Break set to take effect April 1

 

By Dana Malcolm

Staff Writer

 

#TurksandCaicos, March 24, 2022 – With SEVEN days until the legislation approving the Food and Fuel Tax Break set to come into effect some business owners, had on Tuesday said, they had yet to hear from the government to work out a plan in order to pass on those savings to consumers.

The government admitted during a press conference announcing the $15 million dollar tax break last week that there had not yet been any meetings with business owners.

Caicos Oil is a leading fuel supplier in Turks and Caicos, we asked the company what kinds of savings Consumers would notice at the pumps come April 1.

“I very much doubt you will see any change at the pumps because the cost of fuel increases 2-3 times per day in some cases, in addition to that, transportation of cost of the Fuel are rising as well…….  to Truck the Fuel in respective countries to the Ports topped by the increase Ocean Freight Transportation makes it no easier on consumers.” Says McAllister ‘Piper’ Hanchell, Managing Director of Caicos Oil.

The cost of oil per barrel today (March 24) is $112 USD.  A week ago, it was $102.  During the course of the day, the price has changed an innumerable number of times ranging from $111 to $114 per barrel; all in a 16 hour window.

Hanchell, earlier in the week informed his company had not had any talks with the government noting that he learned about the tax breaks the same way the rest of the TCI did; in a National Press Conference held on March 22.

“It is my understanding from what I have read in the public domain that there is a plan to reduce the road user tax by $0.21 cents per US gallon.” he said.

“In addition to 2.5 per cent of the value of the fuel which equates to $0.08 to $0.10 per US gallon, overall from the government’s perspective they are lowering the costs to about $0.29 to $0.31.” The businessman explained.

Hanchell says this means that it  is likely that the customers will not see a decrease at the pumps, but he does have a suggestion.

“The 8.5 per cent Road User Tax gives the government anywhere from $1.60 – $1.70 for Gasoline and $1.22 – $1.32 in taxes for Diesel.

What the government should consider is dropping the entire Road user tax of $0.85 per U.S. gallon for a period of time in order to provide some real relief to consumers,” he continued.

“The Road user tax was implemented by the Michael Misick Administration at $0.25 per US Gallon for the sole purpose of creating a segregated fund for road building across the nation…. since then the $0.25 cents per U.S. gallon has increased to $0.85 cents as a consolidated revenue item.”

While it seems relief at the gas pumps will not be had by the motoring public, at least one grocer says he can offer a clear cut path to seeing savings on food and other home supplies.

Gus Karagiannis, the owner of Sam’s Club Wholesale on Leeward highway in Provo has a plan to help shoppers save.

Gus, as he is affectionately called by islanders explained that a 3 per cent discount was easy enough to apply and that is what he will do, give shoppers at Sam’s Club, three per cent off at the cash register.

“For the past six months people have been shopping at the Sam’s Club store and saving money. And I will continue to do my best to keep prices low.” He vowed.

The discount should push already competitive prices at the warehouse style store even lower; a balm as residents struggle against inflation and the disappointing news that fuel prices are less likely to fall due to the cost of oil in the open market.

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GOVERNMENT REVIEWING TENDER AFTER GRAND TURK–SOUTH CAICOS FLIGHTS STOP

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Turks and Caicos Islands – March 10, 2026 – Commercial flights between Grand Turk and South Caicos have been temporarily discontinued, leaving residents without a direct air link between the two islands since March 1.

The Turks and Caicos Islands Government confirmed the suspension in a statement Tuesday, explaining that the route — which operates under a government subsidy — is currently under review as officials reassess the tender process used to award the service.

The Ministry of Finance, Economic Development, Investment and Trade said the government is “working diligently to assess available options” to restore reliable air service between the islands as quickly as possible.

While the statement did not identify which airline had been operating the route, historically Caicos Express Airways and interCaribbean Airways have provided flights between South Caicos and Grand Turk using small twin-engine aircraft.

Officials acknowledged the disruption has caused concern among residents, noting that inter-island air travel is critical for access to essential services, business activity and government operations.

The government emphasized that the suspension does not affect flights between Grand Turk and Salt Cay, which continue to operate normally.

The review now underway will determine the next provider for the subsidized route. Authorities say the process must be conducted in a “fair, transparent and efficient manner” before service can resume.

For residents of the two islands, however, the immediate issue remains transportation — with many now forced to reroute through Providenciales or rely on limited sea travel until the air connection is restored.

Further updates are expected once the government completes its review and awards a new operating arrangement.

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

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Rights Without Justice: How Weak Enforcement Fails Women and Girls

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GLOBAL — Laws promising equality for women and girls exist in many countries around the world, yet millions still struggle to access justice when their rights are violated.

That stark reality is highlighted in a United Nations report titled “Ensuring and Strengthening Access to Justice for All Women and Girls,” released ahead of International Women’s Day and the 70th session of the Commission on the Status of Women, which begins March 9 in New York.

The report points to what experts call an “implementation gap” — the disconnect between laws that guarantee equality and the real-world ability of women and girls to enforce those rights.

While legal frameworks promoting gender equality have expanded globally, the report warns that many women continue to face significant barriers when seeking justice.

Among the most common obstacles are high legal costs, long distances to courts and services, language barriers, and low levels of legal literacy. Many women also face what researchers describe as “time poverty,” balancing work and caregiving responsibilities that make pursuing legal action difficult.

Bias and stigma within justice systems themselves can also discourage women from reporting abuse or seeking legal remedies.

The report notes that girls often face distinct and overlooked barriers. In many cases, justice systems lack child-centred procedures, making it difficult for girls to safely report harm or access legal protection. Issues such as child marriage and early pregnancy can further complicate their ability to assert their rights, particularly when they remain legally dependent on family members who may also be the source of harm.

Older women also face unique challenges, often shaped by lifelong patterns of discrimination and economic disadvantage. Gendered ageism can undermine their credibility, with complaints involving violence, neglect, health rights, pensions or property disputes sometimes dismissed or ignored.

The United Nations report also highlights structural weaknesses within justice systems, including limited budgets, shortages of trained personnel and poor coordination between institutions responsible for delivering justice services.

Another factor contributing to the enforcement gap is the continued male dominance within justice sector leadership, which researchers say can discourage women from engaging with institutions meant to protect them.

The findings come as the United Nations marks International Women’s Day under the theme “Rights. Justice. Action. For ALL Women and Girls,” a call for governments to move beyond commitments on paper and ensure that laws protecting women are fully enforced.

Global leaders say closing the gap between legislation and real-world outcomes remains one of the most urgent challenges in achieving gender equality and ensuring that women and girls everywhere can live safe, healthy and purposeful lives.

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

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Jamaica Joins Afreximbank Agreement, Strengthening Africa–Caribbean Partnership

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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.

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