Archive | August, 2019

One Step Closer to Gov’t Bonds Electronic Trading

The Ministry of Finance announced yesterday that Bahamas Government Registered Stocks (BGRS) have been approved for listing on the Bahamas International Securities Exchange (BISX or the Exchange).  This major step forward paves the way for Bahamians to be able to buy and sell government bonds on the local securities exchange and track the value of […]

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Gambling Addiction Causes More Concern

As gambling regulations are in talks, the issue of gambling addiction is silent, according to mental health professionals. Earlier this year, Minister of Health Dr. Duane Sands said gambling has become a significant public health issue in the Bahamas and announced that the government is working to combat the gaming addiction. Psychiatrist Dr. Kirkland Christie […]

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Gov’t Plans for Conch Preservation

Despite researchers concluding that the Queen Conch could soon become non-existent – within the next 10 years – the Department of Marine Resources said there is nothing on the table to implement a conch season.  However, Minister of Agriculture and Marine Resources Michael Pintard outlined steps that the ministry is taking to preserve the Queen […]

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Mixed Views on No Confidence Motion

Some Bahamians want the opposition to move forward with its motion of no confidence in Prime Minister Dr. Hubert Minnis, but others dismissed the effort calling it a waste of time and an abuse of process.  Bahamians expressed their mixed views over the matter yesterday as callers on Love 97’s radio talk show Issues of […]

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Bahamian Divers Replace Foreign Fishermen

Minister of Agriculture and Marine Resources Minister Michael Pintard expressed, just before the start of the 2019 crawfish season, that the more than 40 persons enrolled in the Department of Marine Resources first ever diver training program will be employed on commercial fishing vessels, particularly during this lucrative season, which began yesterday.  According to the […]

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95% of Tourism’s Young Employees Resign

Tourism officials are left to figure out why 95 percent of their staff under the age of 30 resigns. An audit into the Ministry of Tourism revealed as much and Minister of Tourism Dionisio D’Aguilar said the ministry is working to figure out why and how to keep those persons employed at the ministry. He […]

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Power Outages Affect Small Catering Businesses

Consistent unexpected power outages are beginning to affect the food industry during the hot summer months and for Cacique Catering CEO Chef Hesley Rolle, it’s forcing him to make food preparations ahead of time.     Without power, raw meets are at risk for food contamination and can be a health a hazard, according to […]

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Grand Cay Firings ‘False’

Reports that nearly 40 Grand Cay residents were at risk of losing their jobs are false, according to Acting Labour Director John Pinder. He added that a team from the Department of Labour in Abaco went to Grand Cay to investigate the matter. “Nobody’s job is in jeopardy.  The guy by the name of Mr. […]

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BSGC Donates 10,000 Backpacks

The Bahamas Striping Group of Companies (BSGC) has partnered with Rotary Bahamas to donate 10,000 backpacks, notebooks and other school supplies for students throughout the Bahamas. In a press conference on Wednesday, BSGC President Atario Mitchell explained that the donation is all in an effort to help parents struggling to prepare for back to school. […]

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Investigation Unit to Assist in Gaming Houses Crackdown

Amendments to the Gaming Act are only a week old, but Minister of Tourism Dionisio D’Aguilar insisted the government will begin enforcing the law as soon as the proper infrastructure is in place and that includes an investigation unit. “The law was just passed.  I’m sure in the bill it says the Gaming Board would […]

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