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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 […]

Suspected Sabotage at PMH

15 July 2019

Sabotage is suspected in the case of an out of commission chiller at the Critical Care Block of the Princess Margret Hospital, according to the Public Hospitals Authority.   The out of commission chiller has forced hospital officials to postpone elective surgeries.  Minister of Health Dr. Duane Sands said the matter has been turned over […]

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Three Weekend Armed Robberies

15 July 2019

Police are investigating three armed robberies that took place this past Saturday and have taken an adult male into custody in connection with one of them. In the first incident, according to reports, shortly before 6 a.m., a man was walking on Faith Avenue, south when he was approached by an armed man, who robbed […]

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13 Arrested for Drug Trafficking

15 July 2019

Royal Bahamas Defence Force officers reportedly apprehended 13 individuals for human and drug trafficking this past Friday.  In a release, the RBDF indicated that the suspects were detained along with a quantity of suspected drugs and are in police custody.  “The apprehension was the result of a joint operation by Bahamas Immigration Department and Royal […]

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PLP Chairman Calls for WSC Director’s Resignation

15 July 2019

Progressive Liberal Party (PLP) Chairman Fred Mitchell yesterday called for the resignation of Water and Sewerage Corporation (WSC) Director Bennet Minnis after an audio recording spewing defamatory comments towards members of the party made its rounds on social media.  In his statement, Mr. Mitchell identified Mr. Minnis as the speaker in the viral voice note, […]

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Alleged Burglar charged with Stealing

15 July 2019

An alleged serial burglar limped into a courtroom this past Friday accused of stealing $12,460 worth of goods from three separate homes on West Bay Street. Twenty-six-year-old Bradley Strachan stood before Magistrate Samuel Mckinney facing six counts of burglary, one count each of stealing and receiving. It is alleged that between 10 p.m. on June […]

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Nygard’s Golden Jubilee Review- ‘Canada Needed Nygard For Any Free Trade Success’

12 July 2019

Nygard’s Golden Jubilee Review 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 […]

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Gov’t: ‘No Extra Funding Request for Water Polo Team’

12 July 2019

The Ministry of Youth, Sports and Culture made it clear yesterday that the Bahamas Aquatics Federation (BAF), which represents the Bahamas Water Polo Team, didn’t request additional funding from the government to extend travel expenses while the team competed at the CCCAN Championships in Barbados. The ministry responded to the issue after reports circulated on […]

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House Speaker Attacks Gaming Industry

12 July 2019

Speaker of the House of Assembly Halson Moultrie criticized the gaming industry, as he believes the industry is a major impediment to national development and produced a mindset of success without process. In the House of Assembly on Thursday, he explained that legalizing the Criminal Act in 2014 doesn’t change the mindset of criminals. “We […]

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‘Don’t Penalize Gaming Houses with Taxes’

12 July 2019

Former Minister of Tourism Obie Wilchcombe said the tax regime that is set to be imposed on the gaming industry is a penalty tax.  The government’s reasoning behind taxing this industry was to help create revenue for the country. To that, Mr. Wilchombe questioned why not increase taxation for casino operators whose taxes, he said, […]

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DIR Now Responsible for Realty Tax Matters

12 July 2019

The Ministry of Finance announced on Wednesday that the Department of Inland Revenue (DIR) has full responsibility for all tax matters governing realty transactions, now that amendments to the Stamp Act and Value Added Tax Act have taken effect.  Last month, the government announced that realty transactions would no longer attract stamp tax.  Instead, they […]

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