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ScotiaBank Grace Bay closed today, nationwide downsize begins

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#Providenciales, Turks and Caicos Islands – Friday July 20, 2018 – When the doors were locked today at ScotiaBank Grace Bay, it signaled not only the close of another work week, but the complete closure of the branch in a controversial downsizing exercise which has only just begun.  

On June 7, 2018, ScotiaBank confirmed that a format being mimicked region wide by the financial institution will dramatically alter operations in the TCI.  Three branches will merge to become one, and that means Grand Turk will – in just over two months- also lose its branch.

From June 7 media release:  “The current Head Office at ScotiaCentre, 88 Cherokee Rd Providenciales, which currently houses the Retail Branch, Corporate & Commercial Banking and the Managing Director’s Offices, will become the new home for the full suite of services. As the bank undergoes these changes to align with the regional format, the Grace Bay and Grand Turk operations will ultimately consolidate into the ScotiaCentre facility. The consolidation of the Grace Bay Branch will take effect on July 20, 2018 with Grand Turk Branch following on September 28, 2018. All banking operations will remain business as usual until this time.”

The announcement resulted in masses of customers flocking to the bank branches; the fear of a complete closure with customers’ deposits was the motivation of the rush.

ScotiaBank tried to assuage feelings of alarm, but as news of the decision spread to the Turks and Caicos community, there was furious backlash.

Comments made by the public when Magnetic Media posted news of the closure on June 7, 2018:

“Grand Turk always getting the short end of the stick… apparently ScotiaBank is closing, everything that I have is tied up in that bank.  I hate online banking because sometimes you need to go to the bank and speak to officers of the bank.  Calling Customer Service here in Grand Turk or in Provo is not fruitful, so that means that if I really need to do business, I will have to pay a hundred dollars to go to the Provo branch…”

“Line are always super long at both locations (especially Leeward Highway)… what a fabulous idea to just consolidate into one; jokes!”

“You’ve got to be kidding me.”

“Banking will be worse than it already is.  Automatic transfer to your employees should be mandatory.”

“Everyone is concerned and commenting on long lines in Provo. Imagine how the customers in Grand Turk and South Caicos will manage without a bank!!!! SMH”

Another writer, reacting to the news simply wrote:

“Oh crap!”

Still ScotiaBank is forging ahead with its plan for a consolidated location with more services, it says. By the final Friday in September, the Grand Turk branch is due to close its doors for good and residents are hoping for a change of heart.  It seems unlikely.

From June 7 media release:  “We are confident that this move will support the overall objectives of the Bank, and promote the long-term sustainability of Scotiabank in the Turks & Caicos Islands.” commented Curtis Knight, Acting Country Manager, Scotiabank (Turks & Caicos) Ltd. “We appreciate the loyalty of our customers and commit to working with them to ensure a smooth transition. We look forward to serving them at the ScotiaCentre.”

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

TCI Fuel Prices Hit Astonishing Highs – Some Drivers Paying Up To $11 Per Gallon

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Turks and Caicos, May 22, 2026 – Fuel prices across the Turks and Caicos Islands remain shockingly high, with motorists in some islands now paying as much as 11 dollars per gallon for gasoline and diesel, according to the latest government fuel report.

The report, released May 20 by the Department of Trade, Industry and Fair Competition, reveals dramatic price differences across the country, exposing the growing cost burden facing residents and businesses outside Providenciales.

The most eye-popping figures come from Salt Cay, where both regular gasoline and diesel were listed at 11 dollars per gallon as of May 18.

In North Caicos, regular gasoline climbed as high as 8 dollars per gallon, while South Caicos stations listed fuel at 8 dollars and 35 cents per gallon.

Even in Providenciales, where prices are typically lower due to higher competition and volume, some stations reported diesel prices ranging from 7 dollars and 40 cents to 7 dollars and 67 cents per gallon. Premium gasoline also approached 7 dollars and 70 cents at some locations.

One of the sharpest increases was recorded at Mervco in Providenciales, where regular gasoline jumped a full dollar in just two weeks — from 5 dollars and 70 cents to 6 dollars and 70 cents per gallon.

The Department said the monthly reports are intended to give consumers greater transparency and understanding of fuel pricing trends throughout the islands.

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

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Health

Grand Turk Residents Fear Norovirus-Linked Cruise as Health Ministry Approves Docking

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Turks and Caicos, May 22, 2026 – Residents in Grand Turk raised concerns last week after a cruise ship previously linked to a major norovirus outbreak was cleared to dock in the Turks and Caicos Islands days after passengers were reportedly denied disembarkation in The Bahamas over health fears.

According to the US Centers for Disease Control and Prevention, the outbreak sickened 115 people — including 102 passengers and 13 crew members — during a voyage which ran from April 28 to May 11. The illnesses involved symptoms commonly associated with norovirus, including vomiting and diarrhea.

The outbreak became public on May 7 and quickly triggered concern across the region.

Authorities in Nassau reportedly refused to allow passengers off the vessel because of public health concerns connected to the outbreak.

That decision later fueled anxiety among some Turks and Caicos residents when the ship proceeded to Grand Turk on May 15.

Residents’ concerns were not without cause.

Norovirus is a highly contagious viral illness often associated with cruise ships, hotels, schools and other environments where large groups of people share close quarters. The virus primarily causes sudden vomiting, diarrhea, stomach cramps and nausea, and spreads rapidly through contaminated food, water, surfaces and person-to-person contact.

According to the US Centers for Disease Control and Prevention, most healthy people recover within one to three days, but norovirus can become serious — and occasionally fatal — for elderly individuals, young children and people with weakened immune systems because of severe dehydration. While the overall fatality rate is considered very low, the CDC estimates norovirus contributes to hundreds of deaths annually in the United States, mainly among vulnerable populations.

The Turks and Caicos Ministry of Health and Human Services had said in a press statement on May 15, it believed the risks had been effectively neutralized before the vessel arrived in Grand Turk.

In a statement issued Thursday, the Ministry said the ship had already returned to Florida, where passengers disembarked and “comprehensive sanitization and deep-cleaning procedures were completed” before operations resumed.

The Ministry also stressed that its Public Health Team maintained “close and continuous communication” with the ship’s medical personnel, Carnival Cruise Line officials and stakeholders at the Grand Turk Cruise Centre before approving the docking.

Routine inspections and standard port health procedures were also carried out, according to officials.

The Ministry further reassured the public that there were “currently no public health concerns” associated with the vessel’s arrival.

Still, the situation once again highlighted the delicate balancing act Caribbean nations face between protecting public health and sustaining tourism economies heavily dependent on cruise arrivals.

Officials are now encouraging vendors, taxi operators, tour companies and businesses to continue practicing strong sanitation and hygiene measures as an added precaution.

Residents were also reminded that frequent handwashing remains one of the most effective ways to prevent the spread of norovirus and other infectious illnesses.

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

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Education

TCFFA and TCICC sign historic MOU to launch Turks and Caicos’ first Sustainable Fly Fishing curriculum

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Twenty+ Turks Islanders will become the country’s first endorsed and regionally-recognised flats-fishing guides and Train-The-Trainers under the new partnership — part of a programme designed to secure a local stake in the Caribbean’s multi-million-dollar sport-fishing economy.

 

PROVIDENCIALES — Twenty+ young Turks Islanders are about to become the country’s first nationally-certified flats-fishing guides and instructors. Their training — and the industry it anchors — began this week with the signing of a landmark partnership agreement.

On Wednesday, the Turks and Caicos Fly Fishing Association (TCFFA) and the Turks and Caicos Islands Community College (TCICC) signed a Memorandum of Understanding to deliver the country’s first endorsed and regionally-recognised Sustainable Fly Fishing curriculum. The programme is funded by the UK Government through the Darwin Plus Local initiative, delivered through TCICC’s Technical and Vocational Education and Training (TVET) Blue Economy programme, and built on a proven Bahamian model developed with the Bahamas Fly Fishing Industry Association.

The first cohort will certify Twenty+ Turks Islanders as Flats-Fishing Guides and Train-The-Trainers — drawn from Providenciales, North Caicos, South Caicos, Middle Caicos and Grand Turk, and supported by Invest Turks and Caicos Islands through its MSME Programme’s Technical Assistance.

The stakes are not theoretical. Next door in the Bahamas, recreational fisheries contribute over US $500 million annually to the national economy and employ more than 18,000 Bahamians (FAO, 2016). The flats fishing sector alone generates approximately US $169 million a year, supported by more than 250 certified guides and the equivalent of 7,800 full-time jobs across lodging, meals, transport and retail (Fedler, 2019, Bonefish & Tarpon Trust). Guided anglers spend roughly three times more per trip than other visitors, and more than 90 percent say they would not travel to the destination if the fishery were unavailable.

Turks and Caicos has the same flats, the same bonefish, and one small but meaningful edge of its own: waters that run a touch warmer through the winter months, when cold fronts can slow fishing elsewhere in the Caribbean. With this MOU in place, the country now has the institutional foundation to match.

For TCFFA, the programme is more than a training initiative. It is a monumental milestone in building livelihoods around nature and nature-guiding — an approach the Association considers the way forward for Turks and Caicos tourism. It is a direct expression of the country’s own national promise: Beautiful by Nature.

“This MOU is more than a document. It is the foundation of a national industry. For the first time, Turks Islander fly fishing guides have an endorsed and regionally-recognised, locally-delivered pathway into a profession that has long been built on their knowledge but not always on their terms. We are building an industry where the value of our flats stays with our people.”

— Levardo Talbot, President, Turks and Caicos Fly Fishing Association

The programme has been formally endorsed by senior education, tourism and government leaders, who underscore its national significance:

“This partnership represents the future of education in action. At TCICC, we are intentional about designing programmes that are not only academically sound but also economically relevant and globally competitive. Through this Sustainable Fly Fishing curriculum, we are transforming indigenous knowledge into a structured, internationally recognised profession. This is how we build capacity, create opportunity, and ensure that Turks and Caicos Islanders are not just participants in our tourism economy, but leaders within it.”

— Dr. Candice Williams, President & CEO, Turks and Caicos Islands Community College

“This initiative exemplifies the kind of forward-thinking, industry-aligned education that we are committed to advancing across the Turks and Caicos Islands. It reflects our national priority to equip our people with skills that are both relevant and transformative. By embedding certification, sustainability, and entrepreneurship into this programme, we are empowering our young people to access new pathways for meaningful employment and to contribute to sectors that are critical to our economic future. This is education with purpose, and education that delivers impact.”

— Hon. Rachel Taylor, Minister of Education

“This partnership signals a defining moment in the evolution of our tourism product. Sustainable fly fishing represents a high-value, low-impact niche that aligns seamlessly with the Turks and Caicos Islands brand and our broader vision for sustainable tourism development.

By investing in the certification and development of local guides, we are not only strengthening the authenticity of our tourism offering, but also creating a new entrepreneurial pathway for Turks and Caicos Islanders within the blue economy. This initiative ensures that more of the economic benefits generated from this growing global market are retained within our communities while empowering Islanders to build businesses around their knowledge, skills, and natural environment.

At the same time, this partnership positions the Turks and Caicos Islands to compete in a lucrative international niche while safeguarding the very natural assets that make our destination unique.”

— Hon. Zhavargo Jolly, Minister of Tourism, Environment, Fisheries and Marine Affairs

ENDORSEMENTS AND SUPPORTERS

Government of the Turks and Caicos Islands. The Hon. Rachel Taylor, Minister of Education; The Hon. Zhavargo Jolly, Minister of Tourism, Environment, Fisheries and Marine Affairs; the Department of Tourism Regulations; the Department of Fisheries and Marine Resources Management; the Department of Environment and Coastal Resources; and the Department of Maritime and Shipping.

National industry and investment partners. Turks and Caicos Islands Community College (TCICC/TVET); Invest Turks and Caicos Islands; Experience Turks and Caicos; and the Bahamas Fly Fishing Industry Association.

National and international conservation partners. The Bahamas Fly Fishing Association, The Turks and Caicos National Trust; the Turks and Caicos Reef Fund; the Environmental Defense Fund; the Marine Conservation Society; the Royal Society for the Protection of Birds; and BirdsCaribbean.

PHOTO CAPTIONS:

HEADER – Members of the Turks and Caicos Fly Fishing Association Ltd. (TCFFA) following the official Memorandum of Understanding signing ceremony with the Turks and Caicos Islands Community College (TCICC).

INSERT – Dr. Candice Williams, President and CEO of TCICC, and Mr. Lavardo Talbot, President of TCFFA, during the official signing of the Memorandum of Understanding between the two organisations.

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