The Big Story

BPL confirms new agreement to hedge additional 15 percent of its fuel

NASSAU, BAHAMAS — Bahamas Power and Light (BPL) said yesterday that approximately 56 percent of its fuel used for power generation is hedged, with the company in the process of implementing a new agreement that will hedge an additional 15 percent. The company issued a statement yesterday in response to recent criticisms of its fuel hedging strategy, asserting that signing...

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Bahamasair: No money missing in Haiti

NASSAU, BAHAMAS — Bahamasair’s managing director Tracy Cooper yesterday dismissed assertions by former Prime Minister Dr Hubert Minnis that Bahamasair money in the millions was “missing in Haiti,” describing the issue as purely an administrative matter. Minnis made the assertion in Parliament on Monday. “This assertion is not true,” said Cooper in a statement. According to Cooper, during the pandemic,...

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Bahamas Feeding Network: Thousands will be impacted by limited food distribution in 2023

NASSAU, BAHAMAS — Nearly 100,000 individuals who seek food assistance will be impacted this year due to the lack of financial support, according to Bahamas Food Network officials. Nicolette Archer, assistant manager at the Bahamas Food Network, said that although The Bahamas remains without a resilience effort program, the NGO is dedicated to ensuring no one goes to bed hungry....

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BCCEC: Government policy shifts making it more difficult to do business

NASSAU, BAHAMAS — The Bahamas Chamber of Commerce and Employers' Confederation (BCCEC) has accused the government of making it more difficult to do business in the country through a series of policy shifts. The private sector representative body in a statement yesterday noted that these policy shifts include the requirement of all businesses to supply the Department of Inland Revenue...

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Permits for new construction increase 12 percent year-over-year in 2022 Q3

NASSAU, BAHAMAS — The number of permits issued for new construction in the third quarter of 2022 showed a 12 percent increase over the same period the previous year, according to data released by The Bahamas National Statistical Institute. The Bahamas National Statistical Institute recently published its Building Construction Statistics for the 2022 third quarter. It read: “The All Bahamas...

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Popular obstacle course event makes its return

NASSAU, BAHAMAS — The Chickcharney Challenge’s ‘return’ is now officially in the books, with event organizers already setting their sights on a possible relay event which they hope can be held in tandem with the country’s upcoming 50th anniversary of Independence celebrations.  Chickcharney Chirren chief executive officer Chester Robards said: “For our first event out of the gate after the...

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Shanty town affidavit: Illegal structures in Abaco increased by nearly 300 percent in less than three months

NASSAU, BAHAMAS — In less than three months, illegal structures erected in one Abaco shanty town increased by nearly 300 percent, according to a senior Ministry of Works official.   The information was revealed in a February 3rd affidavit by Craig Delancy, a professional architect, and Building Control officer in the Ministry of Works in charge of the supervision and...

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Social Services: No victims have requested assistance after massive shanty town fire

NASSAU, BAHAMAS – Acting Deputy Director of Social Services Lorraine Duvalier yesterday called on the public to be compassionate after 40 registered Haitian nationals lost their homes to a fire on Saturday. Duvalier reported there were 40 individuals who were registered to the department when they visited the site; however, she said that no victims had requested assistance from the...

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PM: Gov’t estimating revenue intake of $2.8 billion for the fiscal year

NASSAU, BAHAMAS — The government is projecting $2.8 billion in revenue for the fiscal year 2022/2023 as a result of its revenue-enhancing programmes, according to Prime Minister Philip Davis KC.  Davis spoke during the debate on the 2022 Fiscal strategy report and the medium-term debt management strategy for the fiscal year 2023/2024 and fiscal year 2025/2026. He said: “As a...

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PM: Gov’t aims to collect more than 75 percent of real property tax billed within the next four years.

NASSAU, BAHAMAS — The government intends to collect more than 75 percent of the real property tax that is billed within the next four years, according to Prime Minister Philip Davis KC who noted that government currently collects less than 40 percent of the real property tax it is owed.  Davis made the comments while commencing the debate on the...

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Bahamian neo-Nazi and Maryland woman charged with plotting to attack Baltimore power grid

MARYLAND, BALTIMORE — Bahamian Brandon Russell, a self-described neo-Nazi, and former St Andrews School student, was charged yesterday alongside a Maryland woman with conspiring to attack Baltimore's power grid.  According to reports, federal authorities arrested Russell and Sarah Beth Clendaniel, 34, over plans to execute a series of “sniper attacks” on five electrical substations in Maryland. At a press conference...

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AG files summons for court permission to demolish shanty towns

NASSAU, BAHAMAS — The Office of the Attorney General has filed a summons seeking permission to demolish the expansion of a shanty town in Abaco and two locations in New Providence. Shanty towns on both islands are protected by a Supreme Court injunction blocking demolition or further construction pending a judicial review into whether their removal is unconstitutional. "Despite the...

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OPPOSITION: Expand VAT exempt status on medical care to all medical services throughout the country

NASSAU, BAHAMAS — The Opposition is calling on the government to expand the current Value-Added Tax (VAT) exempt status for medical care provided in public healthcare facilities to cover all necessary medical services throughout the country.  Opposition leader Michael Pintard in a statement noted that current medical services provided by a public health care facility are VAT exempt. Additionally, until...

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Food safety experts in The Bahamas make significant advances in the national food control system

NASSAU, BAHAMAS — Some 30 food safety stakeholders gathered this week at the National Training Agency to validate the findings of a 12-month project to develop a strategic plan to improve food control systems in The Bahamas. The project funded by FAO titled, "Assessing National Food Control Systems to Enable Food Safety in the Sub-region,” saw a team of FAO...

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4M Harbour Island developer signs HOA for $150 million expansion

NASSAU, BAHAMAS — Developers of the 4M Harbour Island Marina and condominium project signed a second Heads of Agreement (HOA) yesterday for a further $150 million investment. During a press conference, Prime Minister Philip Davis noted that what began as a boutique resort and marina development has evolved into a retail component comprising 93 estate homes, cottages, and villas. Davis...

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