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TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM) GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT
 
BAHAMAS INVESTMENT FORUM IN WASHINGTON, DC --  Photographed above are some the participants of the first Bahamas Business and Investment Forum in Washington, DC organized by The Embassy of The Bahamas. From left to right are Senator Barry Griffin; Central Bank Governor John Rolle; Senator Quinton Lightbourn; Senator Michael Halkitis, Minister of Economic Affairs; Barbara Feinstein, U.S. Deputy Assistant Secretary of State; The  Bahamas Ambassador to the United States His Excellency Wendall Jones; The Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism and Investments; Ambassador Chet Neymour; Consul General Washington Patrick Adderley; Consul General New York Leroy Major; and Michael Fountain, Honorary Consul Chicago.

TWO NEW MAJOR INVESTMENTS (BILLION DOLLAR INVESTMENT BOOM)

The Deputy Minister and Minister of Tourism, Investments and Aviation, I. Chester Cooper has announced that the government will execute heads of agreements this month for more than $1billion of new investments in major touristic developments. It is understood that these projects are slated for Paradise Island and Cable Beach. Mr. Cooper made the announcement […]

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GOVERNMENT SIGNS $55 M LOAN AGREEMENT FOR NORTH ELEUTHERA AIRPORT

Shenia RobertsJournal Staff Writer Prime Minister Philip Davis and Deputy Prime Minister and Minister of Tourism and AviationChester Cooper visited the island of Eleuthera on Monday to sign a $55 million dollar loanagreement with the Saudi Fund for Development to facilitate updates to North Eleuthera’s airportterminal.The updates to North Eleuthera International Airport have been long […]

Minister Complains Of Increasing Damaged Light Poles

20 July 2018

Addressing the rising number of damages caused to light poles as a result of careless driving, Works Minister, Desmond Bannister, said the Ministry of Works had to pay over $200,000 to replace light poles. “Regrettably, more and more these innocent, stationary light poles were becoming victims of careless drivers in inordinately large numbers,” he said. […]

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Shantytown Dwellers Have Legal Claims

20 July 2018

The  President  of Rights Bahamas  Stephanie  St. Fleur  says  that many of the Shantytown occupants who have been ordered to leave  their communities have been there for 20 to 40 years, therefore they could have a claim in the matter if they were to fight it in court. In  a packed room in a downtown […]

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BPL Pays Out $56 Million

19 July 2018

Bahamas Power and Light’s (BPL) voluntary separation packages (VSEP) is costing the government a pretty penny.  This according to Works Minister, Desmond Bannister,  as of June 30th, 2018, the corporation paid out $56 million. According to Mr. Bannister, at the end of the exercise, that figure would have soared to $70.4 million. Payouts included $2.1 […]

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Ministry Provides Update On Sea Accidents

19 July 2018

A  team of police and Defence Force officers along with the Port officials were in Exuma  yesterday  to detain  an  unregistered and unlicensed vessel found operating charter tours from Hurricane Hole, New Providence on July 2nd. The Ministry  of Transport  on 2nd July, issued a Cease and Desist Order by the Acting Port Controller, which […]

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MINISTRY SELECTS CONTRACTORS FOR SCHOOL REPAIRS

19 July 2018

The Ministry of Public Works is in the process of updating their contractor database and is set to begin summer school repairs. That according to its Minister Desmond Bannister, contractors wishing to apply for these works are required to submit a prequalification document.  Speaking in the House of Assembly, the Minister said, “through the completion […]

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Teenagers arraigned For Murder

19 July 2018

Three males and a female stood before Deputy Chief Magistrate Soubusola Swain yesterday charged with  murder and one count of attempted murder. Among them was 18-year-old Marquella Dean of Lewis Street, 18 year old Antonio Thompson of Hay Street and a 16 year old juvenile. These teenagers are accused of  the murder of Sean Augustin […]

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PINTARD TO TOUR BAMSI AND MEET LOCAL FARMERS

19 July 2018

Minister of Agriculture  and Marine Resources,  Michael Pintard will visit the North Andros operations of the Bahamas Agriculture & Marine Science Institute, BAMSI, today in his  first visit to the BAMSI as its Minister.  Accompanying Minister Pintard will be senior Ministry officials as well as the executive management team of BAMSI and members of BAMSI’s […]

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Averting Business Threats Part II

18 July 2018

The Clifton Review     The Clifton Review is a tri-weekly column that examines the question of the Clifton project along with the evolution of the war between two billionaires. We covered the start of this war with articles describing the battle over easement rights, the mysterious burning of a home, the blocks to rebuilding, and countless questionable court […]

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BOAT EXPLOSION VICTIM’S FAMILY RAISING MONEY

18 July 2018

Family and friends of Maleka Jackson – the woman killed in last month’s boating accident in Exuma are looking to raise $175,000 within 14 days. So far, nearly $145,000 has been raised courtesy of 2,343 people. According to a GoFund Me page, the money’s to be used to care for her 12-year-old son and widow, […]

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ANDROS CRASH REPORT PENDING

18 July 2018

The  report into the last  fatal Andros plane crash is complete, but  the findings will not  be made public just yet. According to Air Accident Chief Investigator, Delvin Major, the delay for the report is due to the fact that all concerned family members of the crash victims were unable to be contacted.  “We were […]

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