Sir K. Dwight Venner memoralised at ECCB Headquarters

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BASSETERRE, ST. KITTS, MARCH 2ND, 2017 (PRESS SEC) — The late Honourable Sir K. Dwight Venner, the second Governor of the Eastern Caribbean Central Bank (ECCB) and the longest-serving one, was honoured today, Thursday, 2 March, 2017, during a naming and unveiling ceremony at the Bank’s headquarters in St. Kitts.

The Phase 1 building, which was officially opened on 29 October, 1994, is now named in honour of Sir K. Dwight Venner who served as Governor from December 1989 to November 2015.  Sir Venner passed away in Saint Lucia on Thursday, 22 December, 2016, at the age of 70.

The late Honourable Sir K. Dwight Venner’s widow, Lady Lynda Arnolde Winville Venner, and other family members attended this morning’s ceremony.  His Excellency Sir S. W. Tapley Seaton GCMG, CVO, QC, JP was also in attendance.  Prime Minister Dr. the Honourable Timothy Harris, current ECCB Governor Mr. Timothy Antoine, and other representatives of the governing bodies of the Eastern Caribbean Central Bank – namely its Monetary Council and Board of Directors – were present, too, along with members of the Bank’s Management and current and retired staff.

Speaking at the naming and unveiling ceremony, Ms. Zinga Venner, said that, “On behalf of my mom Lady Lynda Venner, all of my siblings and myself, I would like to thank the Monetary Council of the ECCB for showing such great appreciation and recognition for our father’s work through bestowing this honour of naming this building after him.  While he is not physically here with us today, he is with us in spirit.”

Ms. Zinga Venner divulged that, “Thankfully, he was also aware of this great acknowledgment before he transitioned to the next life, and he was very pleased and touched when he was updating us on this development.”  She added: “I can assure you that he is looking down at us at this very moment with a large smile.”   (more…)

Regional patriotism, CSME in focus at end-of-summit press conference

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The CARICOM Conference of Heads of Government recently concluded their Inter-Sessional meeting, which was was held  on February 16 -17, 2017 in Georgetown, Guyana. The meeting ended with a press briefing at the Marriott Hotel, which was addressed by Chairman of the Conference, His Excellency David Granger, President of Guyana, Prime Minister of Grenada, Dr. the Hon. Keith Mitchell who will be the next Chairman, as well as CARICOM Secretary General Ambassador Irwin LaRocque. Some of the topics addressed included  the CSME, Correspondent Banking, CARICOM-US Relations, Regional Security, Tourism, and CARIFESTA, which will be held in Barbados this August.  More in this video report:

 

OECS taking steps to fully embrace digital economy

From R-L: Mr. Simon Alexander, Ambassador Patrick Antoine, Mr. Embert Charles, Dr. Didacus Jules, Hon. Melford Nicholas, Ms. Rhea Yaw Ching, Mr. Bennet Thomas and Mr. Bevil Wooding. (Photo via OECS)
From right: Mr. Simon Alexander, Ambassador Patrick Antoine, Mr. Embert Charles, Dr. Didacus Jules, Hon. Melford Nicholas, Ms. Rhea Yaw Ching, Mr. Bennet Thomas and Mr. Bevil Wooding. (Photo via OECS)

Friday, February 24, 2017 — OECS Member States are taking steps to fully embrace the digital economy. The OECS Commission has formed a special ICT Strategy Group to consider the region’s options for using technology more effectively to facilitate its integration agenda. The group is being chaired by the OECS Director General, Dr. Didacus Jules.

The OECS ICT Strategy Group has been established to ensure that the region is positioned to take full advantage of the digital revolution by removing obstacles and creating new digital opportunities for people and businesses. The Group is comprised of government ministers, telecom regulators, ICT experts and senior policy makers and builds on work already underway in the Eastern Caribbean to address some of the barriers to greater adoption of technology-based services.

“The future prosperity of our region is hinged to how well we leverage information and communications technology to enable the seamless movement of people, goods and capital in the sub-region. The OECS has already made significant strides in this regard. However, there is still more to be done. We must now take steps to ensure our institutions and industries adapt, and that our citizens are able to make full use of the potential of digital services and goods.

Read more at: Organisation of Eastern Caribbean States (OECS)

Stirring opening to CARICOM Inter-Sessional – Video highlights

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The Twenty-Eighth Inter-Sessional Meeting of the Conference of Heads of Government of the Caribbean Community (CARICOM) opened Thursday morning at the Marriott Hotel, Georgetown, Guyana.

Speakers at the Opening included CARICOM Secretary-General, Ambassador Irwin LaRocque,  Prime Minister of Dominica, Hon. Roosevelt Skerrit, and CARICOM Chairman and President of Guyana, HE David Granger.

More in this video report:

Strategic financing, better partnerships needed to move Region’s energy transition

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The transition to a mix of energy systems from regional electricity grids that are based solely on fossil fuels requires major strategic financing, according to bankers and energy officials.

Finance was as a key topic of discussion at the Fifth Caribbean Sustainable Energy Forum (CSEF V) held in The Bahamas in 23-25 January, 2017, under the theme ‘Future Energy 2027′, with key figures calling for appropriate means of funding energy transition.

One of the main objectives of the Forum was to propose actions to support the ability of Member States to attract the right type of capital that is capable of delivering sufficient financing for sustainable energy deployment. During one of the panel discussions on the final day of the energy forum, participants explored the structure and level of funding, and the kinds of partnerships required to move energy transition along. There was a clear call for more private sector involvement and for a special component at the next Energy Forum that would focus on engagement with the business community to shape the culture that has to evolve to attract investment.

Financial viability, technical assistance and capacity-building, transparent procurement systems and absorptive capacity, were among the matters that participants felt were critical to attracting the kind of investment in energy in the Region. (more…)