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Grenlec is challenging the constitutionality of Government’s newly-legislated five percent “Social Fund” levied solely on the Company. On Monday, 12 February 2018, Grenlec filed a lawsuit against the Government of Grenada to protect the rights of its nearly 1600 shareholders. Grenlec contests the legality of Section 20 of the Electricity Supply (Amendment) Act 2017 which […]

Hard on the heels of predictions of a Chinese takeover of Grenada if the Grenadian government adopts a multi-billion dollar Chinese development blueprint, comes a new report suggesting that the promotion, export and exploitation of Grenada’s iconic nutmeg production may now be in Russian hands. READ MORE    

This week we meet the ECCB scholarship recipients for the 2017 Student Programme for Innovation in Science and Engineering (SPISE) – Jason Phillip of Grenada and Rol-J Williams of St Kitts and Nevis. The programme which is administered by the Caribbean Science Foundation, was held at the University of the West Indies (UWI) Cave Hill […]

The Grenada Government has been praised for introducing the Citizens by Investment Programme (CBI) as a way of stimulating growth and expanding the economy. Director at Savvy’s Grenada, Barry Collymore, says the programme is vitally important since traditional sources of investments have dwindled and people are more apprehensive. “Government quite wisely uses the citizenship by […]

Grenada Co-operative Bank Limited and The Royal Grenada Police Force Welfare Association have made another step towards deepening their relationship. At a ceremony at the Bank’s Head Office on Thursday, January 18, 2018, the organizations signed a Memorandum of Understanding which provides preferred terms and conditions to members of the RGPF and their spouses when […]

Effective Thursday January 18th, 2018, the retail prices of petroleum products (Gasoline, Diesel, Kerosene and LPG {Cooking Gas}) in the State of Grenada will be as follows: The new Retail Prices are computed based on the average FOB costs: that is; (Ex-refinery prices), for the period, 14th December, 2017 to 15th January, 2018. Consumers are encouraged […]

The G.U.T. Cooperative Credit Union Ltd. (GUTCU) has launched its debit card on the CONNEX Network. The new product was unveiled at the Grenada Trade Centre Annex, under the theme ‘Expanding access through local partnership,’ closely following the recent introduction of three ATMs earlier this month. The card features the Grenada Dove, along with an […]

AS ANTIGUA LOSES CANADA VISA-PRIVILEGES, CARIBBEAN ACCESS TO SCHENGEN AND UK ALSO AT RISK This story is a reprint from  June 27, 2017 Following Canadian immigration authorities’ announcement to end Antigua & Barbuda’s visa-free access – to the shock and chagrin of much of the CIP industry – contours of the full extent of the […]

Grenada will host the 48th annual meeting of the Board of Governors of the Caribbean Development Bank (CDB), which is scheduled to take place May 30-31. The programme for this year’s meeting will focus on resilience against the backdrop of one of the most devastating hurricane seasons the Caribbean region has experienced in recent history. […]

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