GBPA agrees with PM’s call for “decisive action”, but urges collaboration

NASSAU, BAHAMAS — The Grand Bahama Port Authority (GBPA) said yesterday that it agrees with Prime Minister Philip Davis that “decisive action” is required to continue to achieve the promise of the Hawksbill Creek Agreement, as it outlined a number of issues that need to be addressed.  Prime Minister Philip Davis during his 2023/2024 budget communication […]

C&W ready for 2023 atlantic hurricane season

MIAMI, FLORIDA — C&W Communications, operators of the Flow, Flow Business, C&W Business, and BTC brands in the Caribbean, has confirmed the readiness of its hurricane preparations across the region ahead of the 2023 Atlantic Hurricane Season, which begins on June 1.  Although early hurricane forecasts from Colorado State University and The Weather Company are […]

STAY TUNED: Halkitis says NIB issue will be addressed during budget debate

NASSAU, BAHAMAS — While prime minister Philip Davis made no mention of the National Insurance Board (NIB) during his 2023/2024 budget contribution, he will address the issue when he kicks off the budget debate, Economic Affairs Minister Michael Halkitis assured. NIB’s current state was predicted more than two decades ago by its seventh actuarial review—completed […]

Government revenue at $2.1 billion for first nine months

Prime Minister touts improvements in the country’s financial health NASSAU, BAHAMAS — Government revenue for the first nine months of fiscal year 2022/2023 amounted to $2.1 billion, representing a 14.5 percent increase compared to the previous year and nearly 74 percent of the budget forecast.  Total expenditure increased by $145.3 million to a total of […]