The Big Story

Crude oil residues remain high two years after Dorian spill in GB

‘Equinor storage facility not hurricane hardened’ NASSAU, BAHAMAS — Nearly two years after record hurricane winds spread some five million gallons of crude oil over wetlands, pine forests, and a quarry in Grand Bahama, environmentalists report that concentrations of oil found at the spill site remain high enough to negatively impact birds and other potentially exposed organisms. Experts are calling...

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JAB and WIN: Vaccine lottery prizes set at $100,000 in cash and prizes

Drawing to win up to $25k Fields: Govt still hoping to achieve 200,000 fully vaccinated people by end of year NASSAU, BAHAMAS — Individuals receiving their first COVID-19 vaccine dose will be eligible to win up to $100,000 in cash prizes in a national vaccine lottery, the National COVID-19 Vaccine Consultative Committee announced yesterday. The initiative is being done in...

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TIME’S UP: Monday deadline to have car license & insurance up-to-date

Police able to resume issuing tickets for non-compliance NASSAU, BAHAMAS — Motorists are being urged and warned to have their vehicles licensed and insurance up-to-date as the 30-day grace period given by the government following the end of the COVID-19 emergency order ends on Monday. We would encourage everyone to go ahead and comply with licensing. - Minister of National...

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WHAT’S THE WORD ON CHRISTMAS?: Final decision on holiday observance issue expected next Tuesday

PS: Adding another holiday has financial implications for businesses NASSAU, BAHAMAS — Cabinet is expected to make a final decision next Tuesday on whether an additional day will be added to the holiday calendar this year, with Christmas and Boxing Day falling on Saturday and Sunday respectively.  Press Secretary Clint Watson. Press Secretary Clint Watson, during a weekly press briefing...

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NEXT UP: Sovereign wealth fund, climate change and cannabis all on govt’s upcoming legislative agenda

Watson: Bahamas will be cutting-edge in carbon-neutral agenda NASSAU, BAHAMAS — The government's legislative agenda in the new year will focus on several key policy initiatives promised by the Progressive Liberal Party (PLP) in the lead-up to the general election and outlined in the Speech from the Throne. Press Secretary Clint Watson yesterday outlined several key initiatives the government will...

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INVESTMENTS ON THE RISE: Volume of shares traded on BISX grew 32% in Q3, Central Bank reports

NASSAU, BAHAMAS — The domestic capital market saw positive developments during the third quarter as, most notably, the volume of shares traded on the Bahamas International Stock Exchange (BISX) grew by 32 percent. The regulator, in its third-quarter economic review, noted: “The domestic capital market registered positive developments during the third quarter, in line with the gradual recovery in the...

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STEADY AS SHE GOES: Domestic economy reportedly maintains ‘measured’ pace of recovery in Q3

NASSAU, BAHAMAS — The domestic economy maintained a “measured pace of recovery” in the third quarter despite the effects of the ongoing COVID-19 pandemic, according to the Central Bank. The regulator, in its recently released third quarter economic review, noted: “Indications are that the domestic economy maintained a measured pace of recovery during the third quarter of 2021, despite the...

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EXPANDING DIGITAL DRIVE: Island Pay expecting greater uptake in 2022; hints at Family Island plans

NASSAU, BAHAMAS — A digital payments solutions provider said that while adoption of the technology to this point has been “moderate”, it expects greater uptake in “2022 and beyond”. Jeffrey Beckles. Jeffrey Beckles, Island Pay’s managing director, told Eyewitness News the company plans to roll out its Family Island banking solution in the new year. “We have seen moderate adoption....

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KICKED TO THE CURB: No more travel health visa for Bahamian citizens and residents

Travel health visa requirement still in place for visitors Cooper hints manual immigration landing card to be axed “in due course” NASSAU, BAHAMAS — Tourism Minister Chester Cooper advised in Parliament yesterday that beginning December 13, Bahamians and residents will no longer require health visas to return home. The travel visa, however, will remain in place for visitors “for the...

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CONFUSION AT THE TOP: Minnis asserts PM has shown lack of confidence in Darville over carnival approvals

Former PM suggests Davis acting as dictator NASSAU, BAHAMAS — Former Prime Minister Dr Hubert Minnis accused Prime Minister Philip Brave Davis of acting as the “ultra, most competent authority” when he purportedly gave permission for the operators of the Christmas carnival to proceed when the Ministry of Health had yet to make a formal recommendation. In the Minority Room...

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BAHAMAS INVESTMENT FUND: Nassau Cruise Port launches $25 mil IPO for Bahamian investors

Initial offering open until Dec 17, 2021 Bahamian citizens 18 and over eligible to invest NASSAU, BAHAMAS — The Nassau Cruise Port (NCP) has launched its $25 million initial public offering (IPO), allowing for Bahamians to invest in the redevelopment of Nassau’s cruise. CFAL is the book runner for the Bahamas Investment Fund (BIF) offering, which represents a 49 percent equity...

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RESTRICTED NO MORE: Govt lifts travel ban on African countries

WHO says omicron variant confirmed in 57 nations to date NASSAU, BAHAMAS — The government will remove the restrictions placed on eight southern African countries last week following the discovery of the COVID-19 omicron variant, announced Minister of Health and Wellness Dr Michael Darville yesterday. Those countries include Botswana; Eswatini (formerly Swaziland); Lesotho; Malawi; Mozambique; Namibia; Zimbabwe; and South Africa....

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WHERE’S THE FREE TESTING?: Darville asks for ‘a little bit more time’ to implement promised regime

NASSAU, BAHAMAS — Minister of Health Dr Michael Darville yesterday assured the Bahamian people that full rollout of its free COVID-19 testing program is coming in the next couple of months. Though there have been challenges, Darville said the government is testing various digital platforms to facilitate it. “We made it clear that free testing is not something that you...

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BEHIND THE BALL: Bahamas has catching up to do on digital economy & infrastructure, says PM

Davis: Introduction of digital currency in Caribbean has potential to leap-frog us into the future NASSAU, BAHAMAS — The Bahamas still has “much to do” to catch up with the rest of the world to create the desired digital economy and infrastructure, according to Prime Minister Philip Brave Davis. Prime Minister Philip Brave Davis. Davis, who was addressing Crypto Isle’s...

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MORATORIUM REVIEW: Sandilands ban on admissions to be reconsidered amid growing mental health concerns

Darville says govt concerned about growing need for mental health assistance  NASSAU, BAHAMAS — Minister of Health Dr Michael Darville said yesterday he will make inquiries at Sandilands Rehabilitation Centre (SRC) over its moratorium of admissions, a policy that has been in place since the onset of the coronavirus pandemic. Following the governor general’s annual visit to Sandilands on Fox...

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PROTECT YOUR ASSETS: Island Pay urges customer ‘diligence’ amid complaints of fraudulent activities

NASSAU, BAHAMAS — Island Pay executives yesterday urged users on the platform to exercise "diligence" when conducting their transactions, this as several account holders have reported fraudulent activities on their digital wallets. As we evolve in the digital space, we want to share as much info with consumers on how to use their digital assets in a safe manner. -...

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MARITIME IMPROVEMENTS: Parliament passes Merchant Shipping Bill; Senate to debate

NASSAU, BAHAMAS — Parliament yesterday passed the Merchant Bill, 2021, as the government moves to modernize and improve the maritime sector. The bill will now move to the Senate for debate. Minister of Transport and Housing JoBeth Coleby-Davis, while contributing to debate on the bill in Parliament, said: “This is indeed an opportune time to bring this legislation to the...

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‘NOT BAD POLICY’: Ingraham defends his govt’s handling of Cotton Bay development

Former PM insists his admin had always sought to improve economy of South Eleuthera; says he “takes exception” to Sir Franklyn’s allegations NASSAU, BAHAMAS — Former Prime Minister Hubert Ingraham has fired back against claims by Sunshine Holdings Chairman Sir Franklyn Wilson that “bad public policy” by his administration in the late 1990s resulted in the Cotton Bay development in...

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