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RESOLUTIONS on Haiti & More following CARICOM 44TH Regular Meeting

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#The Bahamas, February 27, 2023 – This evening Prime Minister Davis officially closed the 44th Regular Meeting of the Conference of the Heads of Government of the Caribbean Community (CARICOM) at Baha Mar. Over the course of the three-day conference, leaders from the region solidified resolutions on a number of pressing issues affecting The Bahamas and broader Caribbean, chief among them the crisis in Haiti, sustainable agri-food systems, and security issues.

Heads of Government discussed the Bridgetown Initiative for the Reform of Global Financial Architecture, which seeks to improve the functioning of the global financial system, particularly as it relates to Caribbean states securing better terms and conditions for accessing finance. On the issue of health, regional leaders resolved to support the rollout of a vaccine campaign by the Caribbean Public Health Agency.

In view of the crisis in Haiti, regional leaders developed an effective agenda to advance peace and prosperity in the neighbouring state. Prime Minister Davis specifically cited CARICOM’s intention to strengthen the Haitian National Police and a series of upcoming meetings with Haitian stakeholders as the next steps slated for addressing the situation.

These measures demonstrate the regional bloc’s commitment to playing a leadership role in resolving the crisis while also engaging international partners like the Prime Minister of Canada, Rt. Hon. Justin Trudeau, who reaffirmed Canada’s support to curb the ongoing stability in Haiti.

Heads of Government also discussed opportunities to spur regional agricultural growth, namely the removal of all non-tariff barriers (NTBs) to regional trade in agricultural produce; de-risking of the sector; digitization; research and development; and review of the Common External Tariff. Leaders also received a project, “Building Food Security through Innovation, Resilience, Sustainability and Empowerment”, from the President of Guyana, and accepted that government’s pledge of US$2M towards financing and implementing this project.

Regarding matters of security, regional leaders expressed concern at the levels of violence being experienced in Member States, resolving that a holistic approach to crime reduction must incorporate strategies for economic development and reform at the judicial, police, and educational levels. The meeting ultimately agreed to a Symposium addressing crime as a public health concern to be held in Trinidad and Tobago in April 2023.

The next Regular Heads of Government meeting will be held in July 2023 in Dominica, where CARICOM’s 50th anniversary celebrations are set to commence under the theme “50 Years Strong: A Solid Foundation to Build On.”

 

Release: BIS

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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