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CDB Approves US$43 Million for Bahamas Education Project

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By Sherrica Thompson

Staff Writer

 

January 11, 2023 – The Caribbean Development Bank (CDB) said it will be putting in US$43.3 million to construct a brand-new comprehensive school and rehabilitate two others in East Grand Bahama to accommodate students whose schools were destroyed by Hurricane Dorian in 2019.

The Bank’s Board of Directors approved the loan to the Government of The Bahamas at its meeting last month.

Some 2,000 teachers and principals will also be trained in learning recovery and enhancement to support student-centred, differentiated accelerated learning to address the learning loss occasioned by the impact of COVID-19.

The total cost of the project is US$48.08 million, and the Government of the Bahamas will be contributing a fund of US$4.76 million.

The CDB said the facilities will fill the critical need that arose in East Grand Bahama after Hurricane Dorian’s passage destroyed four schools in the area. These are the East End Preschool in Freetown, the East End Primary School in High Rock, the East End Junior High School in McClean’s Town and the All-Aged School in Sweeting’s Cay.

“As a result, for much of the past three years, students have been forced to rise as early as 4:00 a.m. to make the over 60-mile commute by bus and ferry to Freeport to access educational services.  The lengthy commute has made it challenging for students to keep up with their schoolwork, challenges that were further exacerbated by the impact of the COVID-19 pandemic on schooling,” the Bank said.

According to the CDB, when completed, the new comprehensive school complex will include a multi-purpose hurricane shelter. The shelter will be designed to function as a cafeteria during school hours but can be seamlessly transitioned for use as a hurricane shelter in the event of a natural hazard event.

CDB’s Division Chief, Social Sector Division, Dr. Martin Baptiste, while on the project, highlighted its potential social benefits.

“Given the intersectionality between the home, community and the school, the investment in new school infrastructure will also play a significant role in the general improvement of respective communities, enhancing skills training programmes, social protection initiatives and promoting social cohesion,” Baptiste said.

The CDB did not provide a date for when construction for the project would begin.

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

C&W COMMUNICATIONS PROUD TO BE ASSOCIATED AS ATHLETES “CHASE THE SUN”

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World Relays to be title sponsored by BTC, one of C&W’s local brands.

 

In just a few days, athletes from over fifty countries will converge in The Bahamas for the BTC World Athletic Relays Bahamas 24. C&W Communications, the parent company of BTC, is proud to be associated with this major event, which will see athletes from The Bahamas, Barbados, Jamaica, and Trinidad & Tobago competing for a place in the upcoming Olympic games in Paris.

Inge Smidts, CEO of C&W Communications, who also serves as Chair of the BTC Board of Directors will be in the stands to witness the highly anticipated relays. Smidts says, this was an event that she simply could not miss. “We are proud to support our Caribbean athletes, and we wish them well as they vie for a spot in the Olympic games.

The relays will be held one of in our markets, The Bahamas, and we are honoured to be the title sponsor of the event. The world relays represent the spirit of relentless courage and the willingness to succeed of the Caribbean people and of our business. Through partnerships like this we demonstrate our unwavering commitment to connect communities and change lives.”

In addition to its sponsorship of the event, Smidts says it was important that athletes, officials, and fans stayed connected during the games. “As a business we are focused on ensuring that our customers have access to faster, stronger, and more reliable connectivity, and we worked with our partners to make certain that athletes and guests remain connected.

We have offered e-sim cards, and we also worked with the major hotels to set up care centers to ensure that we address any connectivity concerns on the spot. Additionally, I am pleased to announce that BTC will provide free Wi-Fi at the stadium giving patrons and athletes the opportunity to share every riveting moment.”

BTC has hosted a special event just for the Caribbean athletes, at the newly renovated Queen’s Staircase in Nassau, a recently renovated historic landmark visited by thousands of tourists each day. This event gave athletes the opportunity to unwind, mingle, and to learn more about each other right before the competition.

This is the fourth time that BTC and its parent company C&W Communications have title sponsored the world relays. The BTC World Athletic Relays will be held at the Thomas A. Robinson Track & Field Stadium from May 4-5, under the theme, “Chase the Sun, from Paradise to Paris.”

 

 

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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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