AGP Executive Report
Last update: 11 hours agoBVI Power Reliability: A heavy surge knocked out electricity to parts of Tortola, including Long Bush to Mayaba Estate and the Ridge to East End, with restoration already underway for some feeders and remaining areas expected back within about 30 minutes. BVI Energy Costs: Opposition and lawmakers are debating BVIEC electricity tariff changes that remove a fuel subsidy above 1,500 kWh, with warnings the move could raise operating costs for supermarkets and push up food prices. Water Policy Watch: The government denied any amnesty on disputed water bills ahead of the transfer of water and sewerage services to VIEWCO, while the Premier signaled water rates may rise to keep the new utility viable. MSME Support: The VI government and CDB launched a three-part MSME capacity-building series for entrepreneurs, covering business continuity, digital marketing, and financial management. Regional Child Protection: OECS, with UNICEF support, unveiled a 2026–2032 regional child policy and strategic plan aimed at safer, more supported children across the Eastern Caribbean. Capital Markets Compliance: Nigeria’s SEC ordered capital market firms to cut correspondent banking ties and restrict dealings tied to North Korea and Iran, citing FATF risk updates. Crypto/Finance: Kraken and Maple Finance announced an on-chain digital asset warehouse facility, while a BVI-linked Sea Limited insider sale was reported via SEC filings. Business & Community: A 24-hour wellness gym opened in Virgin Gorda, and UTIC named Donald McCormack board chair after Debbie Proffitt’s retirement.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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