The Bahama Journal – Jones Communications Network

It might be a buyer’s market, but beachfront lot prices as a whole are showing no signs of decreasing anytime soon, which is why a leading realtor is now urging Bahamians to consider buying property in the Family Islands. “I’ve been saying for a long time that Bahamians need to start pushing their way towards […]

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Despite fears that many travellers will have to pay more at the ticket counter at the Lynden Pindling International Airport (LPIA) due to the Nassau Airport Development (NAD) Company’s new business license fees, the head of the airport management company said passengers have nothing to worry about. NAD’s CEO Vernice Walkine told the Bahama Journal […]

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Cable Bahamas Ltd has announced that it has completed the purchase of U.S. Metropolitan Telecom LLC (US Metro), a Florida-based telecommunications provider. According to officials, the transaction, announced in late December 2012, is part of a series of transactions which have received Bahamian Government regulatory approval. Cable Bahamas says the purchase is an “integral” part […]

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By K Quincy Parker Former Permanent Representative of the Bahamas to the Organization of American States Cornelius A Smith suggested, in his parting remarks as he demitted office, that the regional body return to its core mandate of promoting democracy, defending human rights, ensuring a multidimensional approach to security and fostering integral development and prosperity. […]

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Visit follows recent Grand Bahama Chamber of Commerce meeting In the latest of a series of intelligence gathering exercises, Financial Services Minister Ryan Pinder recently met with the Abaco Chamber of Commerce to discuss the group’s concerns and present challenges. The meeting follows the Minister’s earlier trip to Grand Bahama where he also visited that […]

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By K Quincy Parker Minister of Education, Science & Technology Jerome Fitzgerald addressed the nation last night on the eve of the 2012/2013 school year, and one of the initiatives he announced was the transformation of schools into what he called “technological centres.” “Schools will be transformed into strong technological centres.” “This goal will become […]

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State Minister for Finance Michael Halkitis said he was among those that sat down personally with the Clearing Banks Association (CBA) to discuss the government’s mortgage relief programme, and on a popular radio talk show last night, he said the programme was something the banks were “prepared to buy into.” This is supported by reports […]

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By K Quincy Parker The company behind the financing mechanism has announced plans to develop a $36.75 million ‘resort town project’ in The Bahamas, but no resort developer or development partner was named, nor was any location given beyond “a prime bonefishing spot” and – most damning – officials in the Office of The Prime […]

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Two finance ministers believe that having a tax symposium is moving the country in “the right direction” because the government must form alternative ways to generate revenue. Minister of Financial Services, Ryan Pinder and Minister of State for Investments, Khaalis Rolle told the Bahama Journal on Wednesday that the symposium “is a must.” “There’s always […]

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By K Quincy Parker Disgusted with the failure of the government to shut down cash-for-gold businesses, former Assistant Commissioner of Police Paul Thompson Sr. recently urged the police to ramp up the use of the charges of Receiving and Unlawful Possession. The Journal has examined the Penal Code, and we give below a summary of […]

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