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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 […]

Mario Bannister

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 […]

Dangerous Drugs And Guns Seized

10 November 2017

Police on the island of Eleuthera have seized a large quantity of drugs in in an unoccupied residence.   According to police reports, around 2:30pm yesterday, a joint operation conducted by officers from the Eleuthera Division and Drug Enforcement Unit (DEU) assisted by US Drug Enforcement Agents, resulted in the seizure of 77 bales of […]

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Audit reveals Companies Under-Reporting

10 November 2017

An audit report of the Royal Bahamas Defense Force reveals that five vendors under reported the amount of payments received from the government by over one million dollars. The 27-page report which was tabled in the House of Assembly on Wednesday, stated that the payments the government made to these vendors exceeded the gross revenue […]

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Umbrella Union wants Constitutional Reform

10 November 2017

Constitutional Reform was the agenda behind the National Congress of Trade Unions of the Bahamas (NCTUB) as the organization is amending its constitution for all Union affiliates to align with international standards. “There are changes we’ve made in the constitution to ensure that affiliates fall in line with international standards to be more unified,” says […]

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Foreign Investors By- Pass Bahamas

10 November 2017

For the economy of The Bahamas to regain strength there must be some external investment. However, according to the Managing Partner of Deloitte Bahamas, Raymond Winder, many of these investors are not prepared to invest in the local economy. “ In our national investment policy, for too long we have governed our country through a […]

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Better Communities Reduce Crime

09 November 2017

“We actually don’t have a crime problem, but we have a neglect problem,” were the words Minister of National Security Marvin Dames as he  opened his address  in a  Meet the Minister breakfast held at the British Colonial Hilton yesterday. Speaking to a room filled with professionals from various backgrounds, Mr. Dames said, “many would […]

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Pensions Act Amendments “ To Retool Public Service”

09 November 2017

National  Security  Minister Marvin Dames  says the government  has taken  a step to revitalise and retool the public service and introduce a serious succession planning model and set the public service on a path to creativity, innovation and productivity.   The Minister’s remarks came during a debate in the House of Assembly yesterday to amend […]

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“DIVISION IS THE BIGGEST ECONOMIC CHALLENGE,” SAYS FORMER MP

09 November 2017

Former   Member of  Parliament  Lester Turnquest  sees division  as the biggest challenge to growing the Bahamas’ stagnant economy. Mr.  Turnquest, appearing as a guest on the  Radio  Love 97  afternoon show, “On  Point”, said the  template for a successful country and a successful jurisdiction  is the ability to mobilize your entire population to get […]

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BPL Employees Exonerated

09 November 2017

Bahamas Power and Light (BPL) employees who, because of the nature of their jobs, were investigated,  have been exonerated and their names are  back in good standing, according to Minster of Public Works Desmond Bannister. The employees, whose names were mention in a report completed by Ernst and Young to investigate the financial state at […]

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Firearm Owners Warned

09 November 2017

Persons that own registered firearms are strongly urged to renew their licenses  should they plan to use their weapons legally. The Royal Bahamas Police Force (RBPF) is urging members of the firearm community to ensure their firearm licenses   are  up to date. In a Press Conference  yesterday, Officer in Charge of Firearms, Assistant Superintendent […]

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Bowe: “ Build Economy On Positives”

09 November 2017

Former Chairman of the Bahamas Chamber of Commerce Employers’ Confederation , Gowon Bowe  is  optimistic about  the growth of the country’s economy despite there still being a high unemployment rate, saying that he believes that the future of The Bahamas can be built upon past positives. “We see the slow decline in the unemployment numbers, […]

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