Archive | May, 2012

Stuart Running For Deputy Leader

Former Free National Movement (FNM) candidate Cassius Stuart said he will be running for deputy leader in the party’s upcoming convention. FNM MP-elect for Long Island, Loretta Butler Turner will also be running for the post on May 26. “Our party needs a new face and needs new leadership,” he told the Bahama Journal on […]

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Three Killed in Two Days

Three men were killed in two days, pushing the homicide count to 57 for the year. Police were called to the rear of the National Insurance Board (NIB) building on Baillou Hill Road early Saturday morning, where they found the man’s body. A passerby discovered the partially submerged body in the pond around 7:20 a.m. […]

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Tropical Storm Drenches Island

Tropical Storm Alberto – the first tropical storm of the season – drenched New Providence yesterday. According to the Department of Meteorology, the storm, which first developed off the South Carolina coast, has weakened a little. The storm is moving towards the west-southwest near six miles per hour, but forecasters say it is expected to […]

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Gov’t To Establish Business Plan To Attract Investors

State Minister for Investments Khaalis Rolle said this week that his ministry has begun to take the necessary steps to attract investments in hopes of reviving the lackluster economy. While speaking with Journal Business this week, Mr. Rolle admitted that his ministry, which is a new one under the Christie administration, has its work cut […]

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Criminal Threat Level Critical

A lengthy crime report released by the U.S. State Department says the criminal threat level in New Providence is “critical,” while the criminal threat level in Grand Bahama has been rated as “high.” The report, released on Thursday, provides a thorough rundown of crime incidents in The Bahamas. From the look of things, The Bahamas […]

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Ultrapetrol Reports High Profits

A Bahamian industrial shipping company has announced that it has seen adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) over the first quarter of 2012. Ultrapetrol Bahamas, which provides marine transportation in three markets like river, offshore supply business and ocean business, recorded a profit $64.5 million. This is compared to the $58.3 million […]

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PLP Names Senators

A former Member of Parliament (MP) and six newcomers will join Attorney General and Minister of Legal Affairs Allyson Maynard Gibson and Minister of State for National Security Keith Bell in the upper chamber, completing the government’s compliment in the Senate. The Cabinet Office yesterday announced that Prime Minister Perry Christie has already advised the […]

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Bernard Nottage _ Keith Bell 3

PLP Taking Soft Approach to Crime, Says FNM

The Progressive Liberal Party’s (PLP) intent to move ahead with pulling and reviewing the recently implemented package of crime bills proves the newly elected Christie administration is prepared to take a “soft approach to crime,” according to the Free National Movement (FNM). Early this week the new National Security Minister Dr. Bernard Nottage made it […]

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Investing in the People

Having made so much of the proposition that they would be “investing” heavily in the well-being of the Bahamian people, the new Christie administration must – in order to retain its credibility – invest heavily in the Bahamian people. There must arise from somewhere in the policy mix proposals that call on Bahamians to do […]

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“Moody’s Warning Premature”- James Smith Sounds Off

International credit rating agency Moody’s commentary blasting the Progressive Liberal Party (PLP) Government’s proposed mortgage plan may have been premature, according former State Minister for Finance and current advisor to the Ministry of Finance James Smith. In an article that appeared in yesterday’s Tribune, Moody’s said the Christie-administration’s proposed plan demonstrates “a lack of commitment […]

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