Three submit bids for the redevelopment of the Nassau Cruise Port

NASSAU, BAHAMAS – While there has been much talk of the government not consulting the public on the development of the Nassau Cruise Port before issuing request for proposals, or RFP’s, the Ministry of Tourism announced that three companies have submitted bids for the redevelopment and management of the Nassau Cruise Port. The companies are […]

IMF report signals positive movement on key issues

NASSAU, BAHAMAS – A recent review by the International Monetary Fund (IMF) has commended the government for several key policy initiatives, including the Fiscal Responsibility Act, 2018, and its strategic plan to create a Disaster Relief Fund. Following its December visit, which was conducted to review the latest economic developments and to prepare for the […]

Pinder: 1200 employed through ‘Labour on the Blocks’ initiative

NASSAU, BAHAMAS- Since its inception almost two years ago, the Labour on the Blocks initiative has led to the employment of some 1,200 Bahamians in various areas based on their skills and experience, said Director of Labour John Pinder. The Labour on the Blocks initiative was started shortly after the Minnis-led government took office, to […]

Tourism sees 16.5% growth in stopover visitors

NASSAU, BAHAMAS – “Unprecedented” is how Tourism Director General Joy Jibrilu described the country’s 16.5 per cent growth in stopover visitors this year. In a recent interview with Eyewitness News, Jibrilu said The Bahamas is not only outperforming the Caribbean’s expectations, but also global expectations. However, she said the challenge is now what will be […]

Bowe: Initial public consultation would allay cruise port RFP fears

Businessman Ethric Bowe said yesterday that had the government consulted the public on the Nassau cruise port development before issuing request for proposals (RFP) there would be fewer concerns over the transparency and fairness of the bidding process. “The Cabinet can perhaps propose the parameters that would cause someone to get the bid,” he recommended, […]

Johnson: Govt. not on witch hunt for non-profits

Minister says legislation not intended to probe earnings   NASSAU, BAHAMAS – Minister of State for Legal Affairs Elsworth Johnson said yesterday it is not the government’s intention to probe the balance sheets of non-profit organizations by passing the Non-Profit Organization Bill. He said, however, the government must ensure that these entities are “fit and […]

CIBC FirstCaribean funds over $1.8 billion in infrastructure projects

NASSAU, BAHAMAS – Regional bank, CIBC First Caribbean has provided over USD$1.8 billion in funding for infrastructure projects over the past three years. Of that amount, USD$500 million have gone to support energy utility companies in the Bahamas, Aruba, Curacao and Jamaica said the bank’s Chief Executive Officer Colette Delaney as she delivered remarks at […]

Shell may introduce LNG to assist BPL

NASSAU, BAHAMAS – International petroleum giant Shell revealed Tuesday that the company has its eyes set on introducing the idea of Liquefied Natural Gas (LNG) to Bahamas Power and Light (BPL) to assist the electrical company with cost-effective and cleaner power generation in the country. Mark Regis, Shell Caribbean Country Chair, revealed Tuesday night that […]

Govt. looking to solidify more public private partnerships

NASSAU, BAHAMAS  – The government is looking to solidify more Public Private Partnerships as a means of implementing priority investment and infrastructure projects that are aligned with its development objectives, said Prime Minister Dr. Hubert Minnis on Tuesday. Under the new PPP framework, the prime minister said sectors being targeted are electricity generation and distribution, […]

Jack’s Bay to Stand out Among Resort Communities

NASSAU, BAHAMAS –  Developers of Jack’s Bay in Rock Sound, Eleuthera expect that a combination of global leadership, unique offerings and sustainability will make their resort community stand out in the marketplace. “Just as Atlantis had to happen for Baha Mar to exist, we really needed Bakers Bay and Albany to happen for Jack’s Bay […]

PM on Chipman: ‘We speak with one voice’

Govt. to expand designated tax-free zones   Prime Minister Dr. Hubert Minnis said Wednesday night that while he and Centreville MP Reece Chipman have disagreed on certain government issues, the pair has a united goal and speak with “one voice” on when tackling poverty and improving Over-the-Hill communities. His statement came during a town hall […]

Bannister: BPL facing serious challenges

NASSAU, BAHAMAS – As taxpayers mount pressure on the government to address high Bahamas Power and Light (BPL) bills, Minister of Public Works Desmond Bannister yesterday provided a detailed overview of the challenges the power company faces to bring down the cost of electricity, and argued that successive governments are responsible for the more than […]

Opposition to call for select committee to investigate issues at BPL

NASSAU, BAHAMAS – The Opposition will call for a select committee to examine, investigate and review the issues surrounding the termination of the former board at The Bahamas Power and Light (BPL). They will also examine increased electricity rates, voluntary separation packages, recent fires, and other issues surrounding the power company, said Englerston Member of […]

Hanna-Martin: Conservation not lowering power bills

NASSAU, BAHAMAS – Practicing conservation is not lowering the cost of electricity rates, and Bahamas Power and Light (BPL) must be facing a serious dilemma that consumers are not aware of, Englerston MP Glenys Hanna-Martin suggested on Wednesday. “We know the bills have doubled and tripled, and while we accept the advice of the Minister […]

$3 million to carry out immediate repairs to Grand Lucayan Resort

NASSAU, BAHAMAS – The Government has agreed to inject over $3 million to carry out immediate repairs to the Grand Lucayan Resort, and renovations are expected to begin before the end of the year, Senator Kwasi Thompson revealed on Monday. Thompson, who also serves as the Minister of State for Grand Bahama in the Office […]

Tourism planners at work to build on success of 2018

NASSAU, BAHAMAS – Tourism planners and strategists at The Bahamas’ Ministry of Tourism and Aviation have already planned ahead to ensure that they build upon the successes of the 2018 tourism season next year. “We look forward to building upon the success and tourism growth from 2018 as we forge ahead with exciting new programmes, partnerships […]