A LACK OF DESIGN: Bahamas has dire need for urban planning, says Institute of Bahamian Architects president

“We have had a history of governments not using urban planners as it relates to development” Licensed architect claims minister exaggerated in saying nothing had been done on Prospect Ridge development NASSAU, BAHAMAS — The Institute of Bahamian Architects’ (IBA) president said yesterday that this nation is in “dire need” of urban planning to ensure […]

THE PEOPLE ARE SAYING ‘NO’: Advocacy group calls for rejection of GB power company’s rate increase proposal

“We have been advocating for years for electricity costs to be lowered on the island” FREEPORT, GRAND BAHAMA — A Grand Bahama advocacy group yesterday argued that any proposed rate increase for the island’s power company should be rejected, noting that the economic and social condition of the island is “the worst it has ever […]

RIPE FOR THE PICKING: The Bahamas is “fertile ground” for investments, says DPM

“In fact, all of the areas of investment I’ve touched on are wide open to joint ventures” BCCEC notes opportunity for increased Bahamas-China trade and investments NASSAU, BAHAMAS — The Bahamas is “fertile ground” for investments, according to Deputy Prime Minister and Minister of Tourism, Investments and Aviation Chester Cooper, who told a recent Bahamas China […]

PM “engaging with experts” to formulate position on oil drilling

NASSAU, BAHAMAS — Prime Minister Philip Davis is “engaging with experts” to determine his administration’s position on oil drilling going forward, according to Press Secretary Clint Watson. Watson advised the Prime Minister has engaged the experts to determine whether his position on the matter will change or remain the same, during the first Office of […]

Former admin claims “strong foundation” left for Prospect Ridge development

NASSAU, BAHAMAS — Senator Viana Gardiner yesterday fired back against claims by Housing Minister JoBeth Coleby-Davis that nothing has been done to create a master plan for the Prospect Ridge Community for Young Professionals, noting that the development had advanced further and faster than any similar subdivision. Senator Gardiner, former chief operations officer in the […]

TOUGH SELL: Advocacy group slams GBPC’s rate increase proposal as “insensitive” and “out of touch”

GBPC says rate hike undesirable but necessary to maintain operations Coalition of Concerned Citizens prepared to protest “at a level we have never done before” FREEPORT, GRAND BAHAMA — An advocacy group has slammed the Grand Bahama Power Company (GBPC) as being “insensitive” and “out of touch” over a four percent rate increase application. The […]

EXPECT EMPTY SHELVES: Shipping and supply challenges may persist into 2024, warns major distributor

“We thought it was bad last year but it has certainly gotten worse” d’Albenas, AML Foods note struggle to keep shelves well stocked  NASSAU, BAHAMAS — A prominent Bahamian distributor yesterday warned that shipping and supply challenges may persist into 2024, telling Eyewitness News they have “never seen it this bad”. Philip G Smith, the […]

DON’T LET IT GO TO WASTE: Senator urges govt to follow through on Prospect Ridge housing development

“I hope all the people who applied wouldn’t feel like their time was wasted” Housing minister says project is under review but senator asks how long applicants will have to wait NASSAU, BAHAMAS — An opposition senator yesterday urged the government to expedite its review of the Prospect Ridge Community for Young Professionals and follow […]

RESPONDING TO THE TIMES: RBC blames local economic conditions for switch to 0% interest on savings accounts

“For more than 100 years, we have provided dedicated service to the country and been a good corporate citizen” NASSAU, BAHAMAS — Royal Bank of Canada (RBC) said yesterday that its decision to adjust interest rates on savings accounts and term deposits to zero percent is in response to local market and economic conditions. The […]

ALTERNATIVE SOLUTION: Central Bank to develop govt savings bond scheme in light of RBC interest changes

Regulator says interest rate changes are incentive for depositors to shift funds to higher-yielding placements in banking system “The Central Bank does not ordinarily comment publicly on such business decisions, neither would it be appropriate to do so” NASSAU, BAHAMAS — The Central Bank said yesterday that it is actively committed to developing a government […]

NO AIRPORT IMPROVEMENTS FOR NOW: DPM confirms PPPs for upgrades put on hold pending review

DPM maintains govt “fully committed” to developing major airports in country NASSAU, BAHAMAS — Deputy Prime Minister Chester Cooper yesterday confirmed that the Davis administration has “put a hold” on some $400 million in airport upgrades as it determines whether the model is aligned with its policies. Cooper, who has ministerial responsibility for Tourism, Investments […]

FORGET THAT: Scrap free COVID testing idea and make vaccination mandatory, urges ex-DNA leader

McCartney calls on PM to “take a bold approach” “Nothing is free; taxpayers are still going to have to cover the cost” NASSAU, BAHAMAS — As countries across the world introduce mandatory vaccination policies for key sectors, former Democratic National Alliance (DNA) Leader and businessman Branville McCartney is urging the government to adopt a similar […]

OPPOSITION: Speech from the Throne ignores seriousness of fiscal situation

NASSAU, BAHAMAS — The Speech from the Throne fails to address the seriousness of the country’s fiscal situation and is light on details and specifics, according to the Official Opposition. The Opposition Free National Movement (FNM) in a statement said that Wednesday’s Speech from the Throne does not provide the necessary plans and policies that […]