分类: business

  • Agricultural revolution still required

    Agricultural revolution still required

    More than five decades ago, in 1968, Dr. Basil Springer GCM returned to his native Caribbean to launch a Biometrics Unit, designed to speed up the region’s agricultural development through scientific advancement. Today, looking back on decades of uneven progress, the veteran corporate governance advisor is renewing a decades-old call: the Caribbean needs a dedicated “Shepherding Unit” to deliver sustained, export-led growth for its agricultural sector, arguing that scientific innovation alone has not been enough to move the region beyond stagnation.

    “He who sows sparingly will also reap sparingly, and he who sows bountifully will also reap bountifully,” Springer wrote, quoting a well-known verse from 2 Corinthians 9:6, to frame his argument. He first laid out his call for systemic agricultural reform in a 2019 column titled “Agricultural Revolution,” but is repeating the message for a new generation of regional agricultural leadership that may not have encountered his earlier recommendations.

    Nearly 200 years have passed since the abolition of chattel slavery across the Caribbean, and the region still holds vast expanses of fertile, uncultivated land. Over recent decades, however, regional land-use policy has shifted sharply away from agricultural production, leaving large plots fallow. Unused, overgrown fallow lands have become a growing public health risk across the region, and Springer argues nothing less than a full agricultural revolution can return these lands to productive use.

    This is far from a new conversation: regional stakeholders have debated agricultural transformation for nearly 80 years, ever since the landmark Moyne Report was published in 1945. Yet Springer notes that discussion has rarely translated to sustained, coordinated action that delivers tangible results.

    For Springer, a successful Caribbean agricultural revolution relies on six non-negotiable core pillars: clearly defined access to global markets, selection of fresh and processed agricultural products tailored explicitly to market demand, consistent technological and operational innovation, dedicated coordinated shepherding and professional management, private sector investment, and cross-sector smart partnerships. Crucially, he adds, none of these pillars can deliver results without sustained political will from regional governments.

    Governments, Springer argues, hold the core responsibility of building sound, pro-growth agricultural policy and creating a streamlined, business-friendly enabling environment that allows private sector enterprises to grow and scale. Unlike integrated economic blocs with federal governing structures, the Caribbean is made up of dozens of independent nations, so progress must begin at the national level. As individual countries test and refine successful models, those lessons can be shared across the region to drive collective, region-wide growth.

    Drawing on decades of professional experience across Caribbean agriculture and business, Springer outlines five core lessons he has learned: first, a robust global market for food products always exists for high-quality, well-positioned goods. Second, the region does not suffer from a shortage of innovative, actionable ideas to grow the sector. Third, expertise in coordinated shepherding and management is available at the local, regional, and international levels that the region can tap into. Fourth, the single largest barrier to sector progress is the absence of targeted government incentives to attract and stimulate private sector investment. Fifth, the region has historically been short-sighted in building strategic cross-sector partnerships that can unlock synergies for shared growth.

    To illustrate how a coordinated, incentive-backed strategy could work, Springer points to a 2015 initiative that ultimately failed to launch for lack of government support. In January of that year, leaders from the Global Business Innovation Corporation (GBIC) — a cross-border group of industry professionals from the Caribbean, the United States, and Mexico — visited Trinidad and Tobago, where Springer was based at the time. GBIC hosted a workshop for local food manufacturers titled “The Caribbean Food Revolution,” which laid out a roadmap for growing regional economies by expanding exports of agricultural, agribusiness, and food and beverage products.

    Local manufacturers responded with strong enthusiasm, eager to expand their operations to meet unmet demand for Caribbean food products in the U.S. market. Significant private sector savings were already available to fund the initiative, but the project never moved forward. The core barrier, Springer confirms, was the absence of government incentives to de-risk and stimulate private sector investment in the expansion.

    The GBIC proposal was built on four integrated pillars that could be replicated today. First, it leveraged specialized food-design expertise to reframe traditional Caribbean agricultural commodities and existing products into high-value food and beverage experiences tailored to the preferences of consumers in the U.S., Canada, Europe, and other high-demand global markets. Second, it used open-innovation frameworks to source and evaluate the technologies needed to develop premium products, while building strategic partnerships with foreign manufacturers and retailers willing to distribute Caribbean products or license local product formulas. Third, it brought dedicated shepherding expertise and management tools to boost operational efficiency, productivity, manufacturing capacity, and business expansion across participating firms. Fourth, it included targeted marketing and communications outreach to promote the vision, opportunities, and progress of a region-wide Caribbean Food Business Innovation Revolution.

    Springer emphasizes that the time for delayed action is over. Now is the moment to revolutionize the Caribbean’s approach to agricultural development by implementing a coordinated, global, market-driven strategy. With the right structure, incentives, and leadership, this approach will allow Caribbean farmers to sow bountifully, and earn fair, substantial rewards for their work.

    Dr. Basil Springer GCM is a corporate governance adviser. His previous columns are archived at www.nothingbeatsbusiness.com, and he can be reached via email at basilgf@marketplaceexcellence.com.

  • Government moves to modernise Barbados’ non-financial cooperative sector

    Government moves to modernise Barbados’ non-financial cooperative sector

    A landmark effort to revamp the Caribbean’s non-financial cooperative sector has gotten underway, as the Ministry of Energy, Business Development and Consumer Affairs has opened public consultations to draft the first-ever national policy framework for the segment. The initiative kicked off Saturday with a national stakeholder symposium, bringing together cooperative leaders, community representatives, and policymakers to collaborate on shaping rules that will govern the sector for decades to come.

    Brent Gittens, Registrar of Co-operatives, opened the symposium by outlining the government’s core commitment to building a structured, long-term strategy that bolsters the sector’s sustainability, strengthens accountability and governance, and unlocks inclusive growth. Gittens emphasized that top-down policy development would fail to address the sector’s unique needs, stressing that any viable framework must be co-created by the organizations and workers that operate within it. “This policy … must be informed by the experiences, challenges, aspirations, and ideas of the people and organisations that make up the sector,” Gittens told attendees. He urged participants to bring unfiltered feedback on a wide range of pressing issues, from updating digital infrastructure to breaking down barriers to new market access.

    Non-financial cooperatives—including agricultural producer groups, transport collectives, and consumer associations—have grappled with systemic, unaddressed challenges for decades, gaps that the new policy seeks to resolve. Many of the existing regulatory structures governing these groups date back to the 1980s, and have failed to keep pace with shifting economic conditions and new industry demands. The proposed framework sets three core priorities: bringing outdated regulatory and governance rules into the 21st century, expanding access to low-cost capital for small cooperative enterprises, and supporting national economic diversification efforts that align with the United Nations’ global Sustainable Development Goals.

    Oriel Doyle, the lead consultant heading the policy drafting process, reinforced that the symposium was intended as a collaborative working session, not just a ceremonial formal event. Doyle made a clear pledge that every submission and comment from community and industry stakeholders would be directly incorporated into revisions of the draft policy before it is finalized. “A policy written without the voice of the people it governs is just a document; it is not a plan,” Doyle told delegates. “What makes it a plan is your practical, on-the-ground experience. We want honesty about what has and hasn’t worked so we can build a modernised legislative and regulatory framework.”

  • Belize, El Salvador Sign Trade Agreement Opening New Export Markets

    Belize, El Salvador Sign Trade Agreement Opening New Export Markets

    On August 16, 2026, a landmark trade agreement was signed in San Salvador between the governments of Belize and El Salvador, marking a major milestone in bilateral economic cooperation between the two Central American nations. The newly signed Partial Scope Agreement is set to open untapped export markets for Belizean goods while codifying long-term efforts to expand and deepen two-way trade flows between the countries.

    Belize’s official delegation to the signing ceremony was headed by Marconi Leal Jr, Minister of State for Foreign Trade, and included a broad cross-section of trade stakeholders. The group featured senior government trade officials, representatives from the Belize Chamber of Commerce and Industry, and multiple leaders from Belize’s private sector, reflecting the broad public-private support for the new trade framework.

    Speaking at the ceremony, Leal emphasized that the agreement forms a core part of Belize’s broader national strategy to reduce reliance on traditional trade partners and diversify its international commercial partnerships. Beyond expanding market access, the pact also formalizes new institutional structures to support long-term economic integration: a bilateral Bilateral Trade and Investment Promotion Group will be established to proactively attract cross-border private investment. The agreement also includes dedicated provisions for technical knowledge sharing and targeted capacity building initiatives for trade officials and business communities in both countries.

    Industry observers note that the new agreement lays a structured foundation for future economic collaboration, with expected benefits including increased small and medium enterprise participation in cross-border trade, enhanced supply chain connectivity across Central America, and strengthened people-to-people business ties between the two nations.

  • Abinader launches RD$200 million program to modernize Dominican agriculture

    Abinader launches RD$200 million program to modernize Dominican agriculture

    In a landmark move to upgrade the Dominican Republic’s agricultural sector, the national government has officially launched the National Mechanization Program (Pronamec), a transformative initiative backed by an investment of more than 200 million Dominican pesos. The program was developed to tackle long-standing challenges in the sector, from outdated production practices and soaring operational costs to heavy reliance on imported foreign labor, aligning with the government’s broader goal of agricultural modernization.

    President Luis Abinader presided over the launch ceremony held in San Juan, the region selected to host the program’s first phase, which will kick off with mechanization demonstration plots. After the initial pilot in San Juan, the initiative will roll out to six additional key agricultural regions across the country: Las Matas de Santa Cruz, Valverde, La Vega, Constanza and Arenoso. In each of these expansion areas, local producers will gain access to hands-on training and opportunities to test specialized agricultural machinery tailored to the unique crop varieties and geographic conditions of their regions.

    Francisco Oliverio Espaillat Bencosme, the country’s Minister of Agriculture, outlined that Pronamec will center its efforts on three core strategic pillars: workforce training, accessible financing, and national expansion of mechanized services. To build a skilled local workforce capable of operating and maintaining new equipment, the government has partnered with the Dominican Institute of Technical Professional Training (Infotep) and authorized agricultural equipment distributors to train certified machinery operators and maintenance mechanics.

    For small and medium-sized agricultural producers, who have traditionally been locked out of large equipment investments due to high upfront costs, the program has coordinated with the Agricultural Bank, Bandex, and leading private financial institutions to roll out flexible, low-cost financing options for machinery purchases. To further reduce barriers for small-scale operators, the program will also promote cooperative and associative equipment sharing models, allowing multiple small producers to split the cost of purchasing and maintaining machinery, cutting individual overhead significantly.

    Over the long term, Pronamec will expand its reach to every corner of the Dominican Republic by modernizing the existing National Seed Production Program (Prosema) and scaling up specialized machinery services offered through the Ministry of Agriculture. Unlike piecemeal mechanization efforts that only target one stage of production, the new initiative will cover every link of the agricultural production chain, from initial land preparation and planting to ongoing crop management, harvesting, and post-harvest processing.

    Espaillat Bencosme emphasized that widespread mechanization will also directly address two of the most pressing crises facing Dominican agriculture today: persistent labor shortages and steadily rising production costs. The ministry has set clear, ambitious mechanization targets for the country’s major crops: staple grain and legume crops including rice, corn, sorghum and beans are projected to reach approximately 90% mechanization, while commercial fruit crops including plantains and bananas will target a mechanization rate exceeding 60%.

    “This initiative is more than an investment in machinery—it is an investment in agricultural productivity, national food security, technological advancement, and the long-term future of Dominican farming,” Espaillat Bencosme said. Official data cited by the minister underscores the outsized importance of the agricultural sector to the Dominican national economy: agriculture contributes approximately 5.6% of the country’s total gross domestic product, accounts for 8.8% of all national employment, and makes up 11.8% of the country’s total annual exports.

  • Dominican cocoa exports reach record US$669 million in 2025

    Dominican cocoa exports reach record US$669 million in 2025

    Santo Domingo – The Dominican Republic has delivered a stellar performance in its cocoa export sector this year, with official figures from the country’s Ministry of Industry, Commerce and Micro, Small and Medium Enterprises (MICM) showing total outbound shipments of cocoa hit $669 million in 2025. That marks a remarkable 55% increase compared to export values recorded in 2024, a growth driven largely by upward momentum in global cocoa pricing on international commodity markets.

    Alongside the release of these strong trade results, organizers are preparing to showcase the Dominican cocoa sector’s achievements at the sixth annual Dominican Chocolate Festival, set to run from September 11 to 13 in the capital city of Santo Domingo. The three-day event will gather more than 18 homegrown Dominican brands that span every segment of cocoa production and chocolate marketing, giving industry stakeholders and attendees a full look at the country’s rapidly growing specialty cocoa market.

    Digging deeper into the official trade data, MICM reports that the average export price for Dominican cocoa climbed to $7,798 per ton in 2025, representing a 6% year-over-year rise. Analysts note that this upward price shift was a core contributor to the overall jump in total export value, alongside modest gains in shipment volume that have also supported sector growth.

    Beyond celebrating the sector’s strong trade results, the upcoming festival is designed to highlight the full scope of the Dominican cocoa value chain, from on-farm production of raw cocoa beans to the processing and manufacturing of finished chocolate and other high-value value-added cocoa products. Attendees will be able to participate in a wide range of activities, including artisanal chocolate tastings, professional cooking demonstrations showcasing cocoa-based recipes, family-friendly activities for children, and informational presentations from leading local chocolatiers and brand leaders.

    The event will also include a special recognition segment honoring the Dominican Association of Chocolate Makers (ADOCHOCO) as well as standout companies that have driven innovation and growth across the national cocoa sector. The 2025 festival is co-organized by the Dominican Environmental Consortium, the International Trade Centre, Agora Mall, Mediáticos Communication Consultants and MICM, with additional strategic and logistical support from a network of private industry partners across the country.

  • Parmessar: Cryptosector reguleren, maar kleine ondernemers niet buitensluiten

    Parmessar: Cryptosector reguleren, maar kleine ondernemers niet buitensluiten

    As Suriname moves forward with drafting new legislation to regulate virtual asset service providers, a leading parliamentary committee chair has laid out a centrist framework that balances financial security, international compliance and support for local small businesses.

    Rabin Parmessar, chair of the committee of rapporteurs and a member of the NDP party, outlined his position during public debate on the Draft Act on the Supervision of Virtual Asset Service Providers on Friday. The core of his argument: the rapidly growing crypto and virtual asset sector must be placed under formal regulatory oversight to curb financial crime, but overly strict rules should not push small local entrepreneurs out of the emerging market.

    The proposed legislation establishes formal supervision for all businesses and institutions offering services linked to virtual assets, a category that includes cryptocurrencies. Covered activities range from exchanging crypto for fiat currency and operating trading platforms to holding, transferring and managing crypto investments for clients. Under the draft bill, all providers would be required to obtain an operating license from the Central Bank of Suriname (CBvS).

    Parmessar emphasized that regulation is non-negotiable for Suriname. Without proper oversight, he noted, virtual assets can be exploited for money laundering, terrorist financing and other illicit financial flows. The country is also required to update its regulatory framework to meet standards set by the Financial Action Task Force (FATF), the global anti-money laundering body. A weak legal framework, Parmessar warned, could harm Suriname’s international financial standing, damage correspondent banking relationships and disrupt cross-border payment flows. For these reasons, he argued, the debate is not over whether regulation is needed, but rather how to structure it fairly and effectively.

    One major criticism Parmessar leveled at the current draft is that it grants excessive discretionary power to the Central Bank, leaving many critical regulatory terms to be defined later via central bank guidelines. Key areas left undecided include capital requirements, license classification schemes, technical operational standards, fine structures, reporting obligations and operating costs. Parmessar insisted that all core rules should be enshrined in the legislation itself. While the central bank should retain flexibility to work out technical details, parliament cannot give up its oversight authority over fundamental regulatory conditions, he said.

    A second core priority for Parmessar is protecting the position of small domestic crypto businesses. He warned that small local providers should not automatically be held to the same strict requirements as large international crypto platforms. Instead, he called for a risk-based approach to regulation: larger firms that present greater systemic financial risk should face stricter requirements, while smaller operators face proportionate rules. This structure would prevent local entrepreneurs from being driven out of the market by excessive compliance costs and overly complex rules, a scenario that would leave the sector dominated exclusively by large foreign providers.

    Parmessar also pushed for a clear transitional arrangement for businesses already operating in the sector. When the new law enters into force, all existing providers will be required to apply for a license. Parmessar said rules must be put in place to clarify whether and under what conditions providers can continue operating while their license applications are processed. Without this transitional framework, businesses could lose clients, employees and critical investment while waiting for a decision from the central bank.

    Additionally, Parmessar called for strengthened legal protection for industry operators. The bill grants the central bank broad powers to issue fines, revoke licenses and halt unlicensed operations. Parmessar argued that businesses must have the right to file effective appeals against these far-reaching regulatory decisions.

    Consumer protection is another area Parmessar says needs to be strengthened in the legislation. The law should clearly outline what happens to customers’ digital assets if a crypto firm declares bankruptcy or loses its license. It also needs to establish binding legal safeguards for cybersecurity, customer asset protection and anti-market manipulation measures, he added.

    In closing, Parmessar said his parliamentary faction supports moving forward with the legislative process only if the current draft’s notable shortcomings are addressed meaningfully. He noted that the law should not be viewed solely as a tool to meet international obligations. A well-regulated digital financial sector, he argued, can open new opportunities for innovation, expanded financial services and broader economic diversification for Suriname.

    “We must not leave the sector completely unregulated, but we also must not overregulate it to death,” Parmessar summarized his approach. The final legislation, he said, must provide a robust, workable framework that protects the country’s financial system, without unnecessarily excluding Surinamese entrepreneurs and stifling innovation.

  • Travel – ZED Airlines opens a domestic route Port-au-Prince / Cap

    Travel – ZED Airlines opens a domestic route Port-au-Prince / Cap

    Haitian commercial aviation firm ZED Airlines S.A. has launched a scheduled domestic air service connecting the capital city Port-au-Prince and the northern coastal city Cap-Haitien, with operations officially kicking off on Friday, August 14, 2026. The carrier is operating the route using a 160-seat Boeing 737-400 jet, secured through a strategic partnership with Ecuador-based Aeroregional.

    The first departure from Port-au-Prince’s Toussaint Louverture International Airport completed its journey without issue, a moment company leaders describe as a key milestone for expanding the carrier’s footprint in Haiti’s domestic travel market. Moving forward, the route will operate on a fixed weekly schedule, with flights offered every Tuesday and Friday to accommodate both business and leisure traveler demand.

    To cater to varying traveler needs, ZED Airlines has rolled out two distinct one-way fare tiers for the new service. The Standard Ticket is priced at $222.99 USD, and includes access to one 10-kilogram carry-on bag and one 23-kilogram checked bag per passenger. For travelers requiring extra luggage allowance, the Flex Ticket is available for $250.00 USD, offering the same 10-kilogram carry-on allocation plus two separate 23-kilogram checked bags.

    In a statement announcing the launch, a ZED Airlines spokesperson explained the motivation behind the new route, noting that the service was developed to address rising travel demand between the two major Haitian cities. Beyond just adding more connectivity, the carrier says the new route will deliver increased seating capacity and a more comfortable travel experience for domestic passengers than what is currently available on the corridor.

  • Tourism leads Dominican Republic’s economic expansion, strengthens credit to private sector

    Tourism leads Dominican Republic’s economic expansion, strengthens credit to private sector

    The Dominican Republic’s booming tourism sector continues to act as a key engine of the nation’s economic expansion, and its ripple effects are now fueling growing demand for private sector financing, pushing annual credit growth to a stronger-than-expected pace by mid-2026, according to new data from the Association of Multiple Banks of the Dominican Republic (ABA).

    The industry group reported that as of the end of June 2026, total credit to the private sector had climbed 9.1% year-over-year. This figure marks a clear acceleration from the 7.4% cumulative growth recorded at the close of December 2025. In total, Dominican financial institutions injected more than 80 billion Dominican pesos (RD$) into the private sector over the first six months of 2026 – a sum equal to 1.0% of the country’s total gross domestic product.

    ABA analysis shows that the most robust growth in lending is concentrated in two core segments: commercial loans and mortgages. These lending flows are intentionally directed to strategic growth-driving sectors of the Dominican economy, most notably tourism, alongside construction, transportation, and private domestic and foreign investment projects.

    The association emphasized that directing capital toward these productive activities is critical to reinforcing the Dominican economy’s ability to maintain consistent long-term growth. This stability is particularly valuable at a time when the global economic landscape is defined by elevated geopolitical and market uncertainty, making resilient domestic growth more important than ever.

    Aligning with ABA’s observations, the Central Bank of the Dominican Republic (BCRD) projects that the upward trend in national currency private sector credit will continue its gradual acceleration through the remainder of 2026. By the end of the full year, BCRD forecasts growth will reach 10.5% year-over-year.

    If the projection holds, that full-year expansion will translate to a total increase in private sector financing of RD$149.818 billion, which equals 1.9% of the country’s annual GDP. For ABA, the consistent upward trajectory of credit growth confirms that the Dominican financial system is effectively fulfilling its core role: supporting the high-impact activities that power the country’s overall expansion, with disproportionate positive benefits for tourism and construction.

    Beyond credit growth, the first half of 2026 also saw a notable acceleration in public deposits held by Dominican financial institutions. The annual growth rate of deposits jumped from 9.2% in December 2025 to 14.9% by June 2026. Over the six-month period, the total deposit base available to financial intermediaries increased by RD$257.124 billion – an amount equal to 3.3% of national GDP.

    Data collected by the Superintendency of Banks, reviewed by ABA, confirms that the Dominican financial system remains on solid footing despite the rapid expansion of lending. The sector maintains a liquid asset ratio above 40%, well above regulatory requirements, while the delinquency rate on outstanding loans has stayed stable below 2.0%.

    ABA notes that these strong health indicators demonstrate the Dominican financial system’s ability to maintain stable operating conditions while continuing to channel much-needed capital to the productive sectors that underpin the country’s sustained economic expansion.

  • Supermarket contract plan welcomed by farmers, vendors

    Supermarket contract plan welcomed by farmers, vendors

    A bold new initiative to strengthen Barbados’ agricultural sector and boost national food security has earned broad praise from farming and retail stakeholders, after Prime Minister Mia Mottley called on leading local supermarket chain Massy Supermarkets to formalize contract purchasing agreements with local producers, backed by a $2 million quarterly government funding commitment.

    Mottley first outlined the proposal during Monday’s reopening ceremony for Massy Stores’ Worthing branch in Christ Church, an event that marked the completion of a $46 million upgrade to the location. In her remarks, the prime minister argued that the longstanding informal system of crop purchasing fails to give local farmers the confidence to scale up production. “You cannot ask farmers to increase output based only on the chance that supermarkets will buy their harvest,” she emphasized, pushing for contract buy-in arrangements to become a core, formal component of the chain’s sourcing strategy.

    Under the plan, the Barbadian government will allocate $2 million each quarter to support the rollout of the contract framework. This public funding will empower the Barbados Agricultural Development and Marketing Corporation (BADMC) and Export Barbados to collaborate with Massy and other industry stakeholders to speed up growth of the country’s agro-processing segment, a key target for economic diversification.

    The Barbados Association of Retailers, Vendors and Entrepreneurs (BARVEN), which represents thousands of local industry operators, has fully endorsed the government and prime minister’s push. BARVEN president Alister Alexander commended Mottley for turning years of preliminary discussions between the government, industry groups and farmers into actionable policy. “This initiative has been in the works for years, as we all recognized that scattered individual effort could not build a resilient, growing agricultural sector,” Alexander explained.

    Alexander noted that guaranteed off-take through formal contracts delivers the long-sought market certainty that farmers need to invest in expansion, while the quarterly funding commitment proves the government is committed to delivering tangible change rather than just holding discussions. For the plan to succeed, he added, stronger coordinated farmer organizations will be critical: formal contract purchasing, agro-industrial development and export market access all require consistent production standards, sufficient scale and centralized coordination that only structured farmer groups can provide.

    Former BARVEN vice president Erskine Forde also joined in welcoming the proposal, framing it as a long-awaited fix for persistent problems that have held back local producers for decades. Forde pointed out that many farmers have faced repeated broken promises from retailers who commit to purchasing crops then back out, while other major retailers limit their local supplier base to a small, closed group of producers, shutting out smaller operations.

    With global and local input costs rising steadily in recent years, farming has become an increasingly risky proposition for Barbadian producers, Forde explained. Formal contract buy-in removes that uncertainty by guaranteeing farmers an outlet for their harvest before they plant. “When a farmer knows exactly where their crop will be sold and what price they will get, they can stop spending time and resources hunting for buyers and focus entirely on growing high-quality produce,” he said, adding that the framework will create a far more sustainable ecosystem for long-term agricultural growth across the country.

  • Premier Beverages to Release Special 45th Anniversary English Harbour Rum Bottle

    Premier Beverages to Release Special 45th Anniversary English Harbour Rum Bottle

    Antigua and Barbuda is gearing up to mark a major national milestone: its 45th year of political independence, set to be celebrated on November 1, 2026. To kick off official countdown activities at Government House, Sports and Creative Industries Minister Dwayne George unveiled a key private sector partnership that will anchor the national celebrations.

    In a significant boost to the anniversary events, local beverage leader Premier Beverages has stepped in as a major headline sponsor of the 45th Independence anniversary program. As the centerpiece of its contribution, the company will launch a limited-edition commemorative bottle of its iconic English Harbour Rum, crafted exclusively to honor the historic occasion.

    Beyond the commemorative spirit product, Premier Beverages has also committed to supplying official bottled water for two major upcoming national and international events hosted by the country: the 2026 Independence celebrations and the Commonwealth Heads of Government Meeting (CHOGM).

    Minister George opened his remarks at the launch by welcoming the partnership, emphasizing the outsized value of private sector and community backing for the national milestone. He pushed back against framing corporate and individual support as simple sponsorship, instead reframing all contributions to the anniversary activities as strategic investments in the nation’s future.

    “Your contribution is more than sponsorship. It is an investment in our culture. An investment in national pride. An investment in our people. And ultimately, an investment in Antigua and Barbuda,” George told attendees at the Government House launch.

    The 45th anniversary celebrations are organized around the unifying national theme: “Renaissance Rooted in Pride, Bounded by Prosperity for All.” The limited-edition commemorative rum bottle will be integrated into the full slate of cultural and national events leading up to and surrounding the November 1 anniversary, serving as a tangible memento of the country’s four and a half decades of independent statehood.