Local News
ECCB Announces Replacement of Queen Elizabeth II’s Likeness on Eastern Caribbean Currency
In a significant move, the Eastern Caribbean Central Bank (ECCB) has revealed plans to replace the likeness of Queen Elizabeth II on the Eastern Caribbean currency. The decision was made during the 105th Meeting of the Monetary Council of the ECCB on July 21.
Since its inception in November 1984, the Eastern Caribbean banknotes have prominently featured a large portrait of Queen Elizabeth II. However, the Monetary Council has now approved a proposal to replace her image with the logo of the Eastern Caribbean Currency Union (ECCU). This logo represents all eight member countries of the ECCU. The proposal is subject to a period of public consultation, which will run until December 31, 2023.
While the Queen’s image will be replaced, it is anticipated that the landmarks currently featured on the Eastern Caribbean (EC) notes will be retained. These landmarks include the Warspite for Anguilla (on the back of the $10 note), Admirals House for Antigua and Barbuda (on the back of the $5 note), Trafalgar Falls for the Commonwealth of Dominica (on the back of the $5 note), Nutmeg for Grenada (on the back of the $20 note), Government House for Montserrat (on the back of the $20 note), Brimstone Hill for Saint Christopher (St Kitts) and Nevis (on the back of the $50 note), Les Pitons for Saint Lucia (on the back of the $100 note), and Admiralty Bay for Saint Vincent and the Grenadines (on the back of the $10 note).
Additionally, the images of Sir Arthur Lewis (on the back of the $100 note) and Sir K. Dwight Venner (on the back of the $50 note) are likely to be retained on the EC notes.
To ensure public participation, the ECCB is inviting individuals to share their views on the proposal to replace Queen Elizabeth II’s image with the ECCU logo. The consultation period provides an opportunity for the public to suggest alternatives or additional images to be used on the EC currency. Recommendations can be submitted directly to the ECCB Connects Facebook Page or via email at newECimage@eccb-centralbank.org.
The Monetary Council aims to make a final decision on the new look for the EC currency by February 2024, taking into account the feedback received during the public consultation.
This development marks a significant transition for the Eastern Caribbean currency and reflects the region’s desire to further promote its collective identity and independence.
Education
Former Legislator Dr Kedrick Pickering Becomes International Best-Selling Author with New Book
Dr Kedrick Pickering, former legislator and renowned obstetrician, has achieved international recognition with the release of his book, Walk in Faith & Medicine: Daily Lessons & Insights from a Doctor’s Handwritten Journal. Published on December 12, the 139-page Kindle edition has swiftly become the number one New Release in Obstetrics & Gynaecology on Amazon, earning Dr Pickering a place among Amazon’s International Best Sellers.
Walk in Faith & Medicine provides readers with a deeply personal account of Dr Pickering’s tenure as the only Obstetrician and Gynaecologist in the British Virgin Islands for nearly three decades. The book intricately weaves his medical experiences with his spiritual reflections, offering profound insights into the challenges of practising medicine in a setting where resources were often limited, but faith and resilience were abundant.
Through heartfelt anecdotes, Dr Pickering recounts the joys and struggles of his career, from the miracle of delivering life under difficult circumstances to the strength he found in spirituality when faced with adversity. Each chapter sheds light on the delicate balance between clinical expertise and moral contemplation.
The book’s release has received widespread acclaim, resonating with audiences in both medical and spiritual communities. Its success highlights Dr Pickering’s unique ability to capture the human side of healthcare while addressing universal themes of faith and hope.
Walk in Faith & Medicine is available exclusively as a Kindle edition and is already being hailed as an inspirational must-read.
Entertainment
FCCA Spreads Holiday Cheer in the British Virgin Islands with Christmas Gift Donation
The Florida-Caribbean Cruise Association (FCCA) brought smiles to the faces of over 100 children in the British Virgin Islands with a generous donation of Christmas gifts. The initiative, held on December 16, was a collaborative effort between the FCCA, the Government of the Virgin Islands, and the Youth Empowerment Project (YEP).
The festivities took place at YEP Headquarters in East End, where children were treated to a festive celebration. Staff from the MSC Virtuosa Cruise Ship donned Santa Claus and other character costumes, adding to the magic of the occasion. The event also received sponsorship from Diamond International.
Premier and Minister of Finance Hon. Dr. Natalio D. Wheatley expressed his gratitude for the FCCA’s ongoing commitment to the Virgin Islands community. “The leadership of the FCCA is a thoughtful group of individuals. For more than two decades, their gift-giving has brought smiles and filled hearts with joy and hope during this special time of year,” said Premier Wheatley. “On behalf of the Government of the Virgin Islands, I extend our sincere thanks to the FCCA and their co-sponsors for their generosity.”
Minister for Ports Hon. Kye M. Rymer highlighted the FCCA’s enduring partnership with the territory. “Their commitment to gift-giving for over 20 years deserves our acknowledgment,” said Rymer. He also commended the BVI Ports Authority for its collaboration with the FCCA in supporting such initiatives.
Director of YEP Hon. Stacy Mather shared his appreciation for the FCCA’s efforts. “This marks our second time receiving gifts from this initiative. We are incredibly fortunate and grateful for this generosity,” he said. “Thanks to the kindness of FCCA, Diamond International, and others, our Christmas celebrations begin a little earlier.”
The event was moderated by Deputy Secretary in the Ministry of Communications and Works, Ms. Haley Trott, and attended by Junior Minister for Tourism Hon. Luce Hodge-Smith, Deputy Director of YEP Ms. Bianca Dougan, and other community leaders.
Business
BVI Bank Association Warns Merchants Against Card Transaction Violations
As the festive season brings increased consumer activity, the British Virgin Islands Bank Association (BVIBA) has issued a stern reminder to merchants across the territory regarding compliance with card transaction policies.
The association warns that imposing minimum spending requirements or charging additional fees for card payments is not only against their merchant agreements but also violates regulations established by major payment networks, VISA and Mastercard.
The advisory, issued on Wednesday, December 18, warns that merchants engaging in these practices are in breach of their contractual obligations with their respective financial institutions. “We request that all merchants immediately cease these practices to ensure compliance,” the statement read.
The BVIBA comprises several prominent financial institutions, including Bank of Asia (BVI) Limited, CIBC Caribbean, FirstBank PR, National Bank of the Virgin Islands, Popular, Republic Bank (BVI) Limited, and VP Bank (BVI) Limited.
For inquiries or guidance on compliance, the BVIBA advises merchants to contact their respective banks promptly.
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