Tag Archive | "bahamas"

‘Govt Action a Farce,’ Says Mitchell

Senator Fred Mitchell called the government’s verification process “farcical” and “a bunch of bull” after he received a letter demanding that he verifies. The senator said he would have ignored the “ridiculous” letter, but the deputy prime minister defended the verification process by explaining that the government is carrying out the process to ensure that […]

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PM Focuses on Young Entrepreneurs

Prime Minister Dr. Hubert Minnis assured yesterday that youth entrepreneurial empowerment will be the government’s major focus which is considered as a measure to tackle problems such as unemployment, crime and social issues. Dr. Minnis addressed the government’s commitment to youth entrepreneurial empowerment during the launch of Bahamas Striping Group of Companies Investment Group. Bahamas […]

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BPL CEO Promises Less Power Outages

Less power outages and cheaper bills in the future – that is what Bahamas Power and Light (BPL) CEO Pamela Hill predicted yesterday, as she unveiled the company’s new five to seven year plan to assist consumers. “We’re working on two key things in order to improve it [power outages],” Hill revealed during the Rotary […]

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Minor Issues Experienced as Verification Begins

Following one working day of that controversial verification and restatement process, Deputy Prime Minister and Minister of Finance Peter Turnquest told reporters that there were a few minor issues, but overall he is satisfied with how things played out thus far. The issues of long lines he spoke of were attributed to confusion as it […]

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Tourism Signs MOU

Tourism Signs MOU with Airbnb

The Ministry of Tourism signed a memorandum of understanding (MOU) with Airbnb Inc. representatives yesterday to implement a new legislation which will require that a tax be paid on vacation rental home businesses. Minister of Tourism Dionisio D’Aguilar said the new legislation will put in place a modern regulatory framework within which vacation home rentals […]

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PM Tells Ministers to Resist Bureaucratic Inertia

Prime Minister Dr. Hubert A. Minnis Wednesday challenged Cabinet ministers and public officers to resist the bureaucratic inertia that can sometimes creep into the equation as both go about the execution of their duties.   “The public service has a necessary restraining role, but too often that restraining role becomes bureaucratic inertia,” Prime Minister Minnis said. “Sometimes […]

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$19.5 Million for Constituencies Capital Development

The government of The Bahamas will inject almost $20 million into the capital development of the 39 constituencies throughout the Commonwealth of The Bahamas over the next five years through its Constituency Capital Grant Programme.   The Constituency Capital Grant Bill 2017, (Short Title) came into force July 1, 2017, and provides for the allocation […]

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Dames Justifies Public Sector Verification

Yesterday marked the first of 23 days of the controversial verification and reinstatement process the government implemented and according to Minister of National Security Marvin Dames it’s a process that is conducive to creating a productive public service. As stipulated in a notice last week, all government monthly and weekly employed public officers, senators and […]

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Govt Creating Damage

Opposition Leader Philip ‘Brave’ Davis is on the defensive again and it has everything to do with the arrests of some of his former Cabinet colleagues, which he believes is damaging the country’s reputation. During an interview with reporters following the Fox Hill Day church service yesterday, Davis openly blamed the government for smearing the […]

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Govt to Inject $166 million in BOB

The government has agreed to allow the special purpose vehicle Bahamas Resolve Ltd. (Resolve) to acquire $166 million in impaired commercial loans from Bank of The Bahamas Limited (BOB), shareholders learned on Wednesday evening at the bank’s annual general meeting held at Breezes Resort on Cable Beach. According to Wayne Aranha, chairman of the bank, […]

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