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PwC in the Caribbean, PwC US Charitable Foundation donate $375,000 to Bahamas relief and recovery efforts

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#Nassau, October 8, 2019 – Bahamas – PwC in the Caribbeanand the PwC US Charitable Foundation have donated a total of US$375,000 to the disaster relief and recovery efforts in The Bahamas.

The partners and staff of PwC firms operating in the Caribbean donated a total of $125,000. The funds, raised by firms in The Bahamas, Bermuda, British Virgin Islands, Cayman Islands, East Caribbean, Jamaica, Turks and Caicos and Trinidad and Tobago, are being donated directly to affected families in The Bahamas and to the National Emergency Management Agency, the Red Cross and the Salvation Army.

The PwC US Charitable Foundation has made a $250,000 grant to Team Rubicon USA, a non-profit that is on the ground in The Bahamas providing immediate and long-term disaster relief and support to help rebuild lives and communities.

PwC firms operating in the Caribbean have also organised a number of employee-led fundraisers and drives to collect much needed items for the people of The Bahamas and provide support to charitable organisations.

Frazer Lindsay, PricewaterhouseCoopers Caribbean Region Ltd. CEO, said: “Our thoughts are with our colleagues in The Bahamas and everyone impacted by this devastating hurricane. Corporate responsibility is an integral part of our business and PwC’s purpose, and we would like to thank our people for their incredible efforts in raising these funds for The Bahamas.”

Prince A. Rahming, PwC Bahamas, Territory Leader, said: “We are grateful for everyone’s thoughts and offers of assistance during this most difficult time in our nation. We are truly thankful that all our employees are accounted for and are safe, but we acknowledge and are deeply saddened that there were others who were not so fortunate. Our thoughts and prayers are with those families who have suffered loss of loved ones. Our partners and staff are fully engaged in the recovery efforts now as we seek as a nation to address the immediate needs of those most impacted and return the country to some level of normalcy.”

PwC Bahamas’ Nassau office has reopened and resumed normal daily operations. The Freeport office on the island of Grand Bahama will remain closed until further notice.

Release: PwC Bahamas

Photo Caption: PwC Bahamas staff members join teams of volunteers helping to sort and pack donated items to be shipped to affected Bahamian communities.

About PwC At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 158 countries with over 250,000 people who are committed to delivering quality in assurance, advisory and tax services.

Find out more and tell us what matters to you by visiting us at www.pwc.com. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity.

Please see www.pwc.com/structure for further details.

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Bahamas News

Bahamas economic growth

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Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

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Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

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RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

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Bahamas News

Get your laugh on, March On show coming to Turks and Caicos with box office at IGA Friday and Saturday

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Dana Malcolm 

Staff Writer 

After resounding success in the Bahamas, hit play ‘March On, The Story of Us’ has been inundated with requests to take their show on the road, and the first location they’ll be hitting is Providenciales Turks and Caicos with tickets on sale this weekend from May 3 to 5.

Magnetic Media spoke to Gea Pierre, playwright, who told us the TCI was a natural first choice for the cast and crew. 

“We started ‘March On’ in November 2023 and it was really an opportunity for us to tell a story, the story of the Bahamas and to encompass the nations that we have an amazing relationship with like the Turks and Caicos,” she continued “We really got a lot of people calling [for the play] from [the TCI], so much so we really had to pay attention.” 

The response to ‘March On’ at home and abroad was overwhelming.

“To say it went well is an understatement, even before we opened we got calls from Canada, from all over the US with people wanting us to come and perform.” 

And take the show on the road they did! Gea and her team have launched “March On: The Tour” and will be in Providenciales to perform on May 10th and 11th. It’s the first of a number of stops which include Nassau and several US locations. 

A ticket booth will be set up from today, Friday May 3 in the foyer of IGA grocery store beginning at 1 p.m. Friday and then again all day on Saturday, allowing residents to purchase with cash. 

Online tickets are available for purchase with credit cards. Then the full team returns on Friday, May 11 for the actual showing at 8 pm and their two showings on Saturday at 4pm and 8 pm. The venue is Brayton Hall, Providenciales under the patronage of Washington Misick, TCI Premier and First Lady Delthia Misick.

Describing the close familial relationships between the TCI and the Bahamas, for many on the crew it will be like coming home Gea told us, for others it will be a treat to visit for the first time, the places that their grandparents described. 

Tickets are only $60 for general seating and $75 for VIP seating. 

Gea maintained that the team wanted to keep the show as accessible to residents as possible.

As for why you should come out and see the play, other than the great price point:

“The way that people have responded to it is non stoplaughter, people have been moved to tears because there’s some emotion. It does not only lend to Bahamians. It’s a family drama, and anyone who’s ever been a part of a family is going to get something out of it, and something moving.”

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