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LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY
 
The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position the shipyard to feature the largest floating dock ship repair facility in the Western Hemisphere by 2026, significantly boosting the island's economy.

LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD

The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position […]

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FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY

Police Prosecutors charged Mario Bannister, former ManagingDirector of Clifton Heritage National Park this week for acting as an accessory to themurder of 36-year-old Phillip Adderley, by providing a vehicle to the accusedkillers.Twenty-eight year old Christian Napier and 26-year-old Donte Riley werecharged with killing Adderley whose body was found on August 15th, 2024,stabbed to death in […]

Gov’t Expects $50 million In Gaming Taxes

24 June 2019

The government is seeking to collect approximately $50 million  in taxes from the lucrative gaming industry.  It is about  to introduce a new regime that calls for gaming operators being taxed 11 to 15 per cent on income under $24 million and 17.5 percent on income above that figure.  Gaming Minister Dionisio D’Aguilar gave the […]

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REGGAE ARTIST STABBED TO DEATH CAREY CALLS “ THE BAHAMAS A DARK PLACE”

24 June 2019

Recording Artist Chris “Sketch” Carey yesterday described the country as a “dark place” as he reflected on the brazen stabbing death of Bahamian music sensation MDeez.  MDeez was involved in a two-car collision this past Friday that ended in an altercation which killed the musical artist  after being stabbed multiple times.  Mr. Carey described MDeez […]

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Hotel Union and Gov’t Discuss Issues

24 June 2019

Tourism Minister Dionisio D’Aguilar last week summed up Thursday’s meeting with Bahamas Hotel Catering and Allied Workers Union executives as a good one; a good mechanism for him to hear first-hand the concerns. “They seem very passionate, they seem very resolute, but they also seem to understand that this is a business and the business […]

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“MIDDLE CLASS BEING ELIMINATED”

24 June 2019

The leader of The Global United Fellowship and Senior Pastor of Mount Tabor Church, Bishop Neil C. Ellis says “the middle class in the Bahamas is being eliminated.”  Appearing on the JCN Radio and Television show  Jones and Company yesterday, he said “the timing of the increase of Value Added Tax (VAT) was not good. […]

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FIFTEEN BAHAMIAN COMPANIES COMPLETE ONE OF A KIND PARK- Silver Gates Community Park Declared Open

24 June 2019

If Silver Gates appears to be a bit more crowded this summer, it is the deliberate commitment and efforts of fifteen Bahamian companies who completed the park in a record time of three months. Prime Minister, Dr. The Hon. Hubert Minnis, along with The Hon. Desmond Bannister, Cabinet Members, government officials, residents of Silver Gates […]

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Nygard’s Golden Jubilee Review-A Beloved Patriot

21 June 2019

It’s not an everyday occurrence to discover an individual who has pulled himself up by his bootstraps to achieve phenomenal success with a business that’s still breaking barriers, still achieving firsts, and still innovating fifty years later. What does it take? How did he achieve it all? And how can we achieve similar successes? That’s […]

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BAHAMAS TIER 1 ON US TIP REPORT

21 June 2019

The  Bahamas  remains at Tier 1 on this year’s U.S Trafficking  In Persons report (TIP) released yesterday. This happened after making serious and sustained efforts during the reporting period.  Those efforts , noted the report, includes “passing a national action plan, increasing funding for victim assistance and anti-trafficking prevention, elevating  national anti-trafficking planning to the […]

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Many Infrastructural Projects Planned, says Works Minister

21 June 2019

Bridges, roads, buildings and airports throughout The Bahamas are among the 260 infrastructure projects that the Ministry of Public Works has on its schedule for the year.  The Hon. Desmond Bannister, Minister, highlighted some of them during his recent contribution to the 2019-2020 Budget Debate in the House of Assembly. Plans are in the making […]

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Mitchell says government need to do more in Italian Investigation

21 June 2019

Former Foreign Affairs Minister Fred Mitchell is of the view that The Bahamas government should take a stronger stance in the investigation into the deaths Alrae Ramsey  and Blair John –the two Bahamians found dead in Turin, Italy earlier this month. “The spokesman for The Bahamas government should have said in  a position like this,  […]

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Government on track to meet fiscal targets

21 June 2019

With just a few weeks left in this fiscal year, the government  maintains that they will meet their deficit target by the end of the year. However, on the expenditure side, Finance Minister Peter Turnquest said the government  is  anticipating that they will come some $400 million below the original revenue target. “We’ve been very […]

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