Tag: ewnews
“VISIONARY”: Wilchcombe remembered as spirited two-time tourism minister
NASSAU, BAHAMAS — Tourism stakeholders yesterday hailed former Cabinet Minster Obie Wilchombe as a “visionary” who played a key role in several pivotal private sector developments within the local tourism sector. Wilchcombe, the Member of Parliament for West End and Bimini, was confirmed dead yesterday, sending shockwaves across the political landscape. Wilchcombe also served twice […]
Jack’s Bay development announces Scotiabank partnership
NASSAU, BAHAMAS — Jack’s Bay, a 1,200-acre private club community on Eleuthera, has announced a partnership with Scotiabank, which has provided a senior construction facility loan to finance and execute Phase I of the project. Additionally, the bank has agreed to wraparound mortgages for individual buyers of the community’s for-sale real estate products, including beachfront […]
Obie Wilchcombe dies at 64
Political leaders unite in mourning sitting Cabinet Minister’s passing NASSAU, BAHAMAS — Member of Parliament for West End and Bimini Obie Wilchcombe has been confirmed dead, sending shockwaves across the political landscape. Wilchcombe, the Social Services, Information and Broadcasting Minister, also served as leader of Government Business in the House of Assembly. Prior to entering […]
AML Foods sees $3.2 million Q1 sales increase, inflationary pressures continue
NASSAU, BAHAMAS — AML Foods saw an increase in its sales of just over $3 million in its first quarter results for 2024, while acknowledging that inflation pressures continue to impact its business. According to the company’s results for the first quarter, which ended July 31, sales for the period were $47 million, an improvement […]
Government accepts URCA’s findings that third mobile operator “not commercially viable” at this time
NASSAU, BAHAMAS- The government has determined that based on recommendations from the Utilities Regulation and Competition Authority (URCA), that a third mobile operator would not be “commercially viable” at this time. The findings were unveiled in the regulator’s draft electronic communication’s sector policy for 2023-2026. It was noted that under the 2020 – 2023 ECS […]
DPM to lead trade mission to Qatar
NASSAU, BAHAMAS — Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper will lead a team from his ministry, along with a tourism delegation and other government officials, on a trade mission to West Asia to solidify aviation development and tourism agreements. The Ministry says this trip is the latest measure in pursuit […]