Tag Archive | "The Bahama Journal"

CRYPTOCURRENCY LEGISLATION COMPLETED

Finance Minister Peter Turnquest yesterday announced in the House of Assembly that The Securities Commission of The Bahamas completed the cryptocurrency draft legislation for public consultation.  This, he said, gives The Bahamas “a clear, competitive advantage with respect to digital asset solutions as financial technologies continue to drive growth in the financial services sector”.  He […]

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STB: LNG deal must include Clifton clean-up plan 

The final agreement with Shell North America for a Liquefied Natural Gas (LNG facility at Clifton Pier must include thorough remediation of the extremely polluted area and plans for a pathway to fully renewable energy, according to Save The Bays. Joseph Darville, chairman of the leading social and environmental advocacy group, said STB was alarmed […]

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ISLAND LUCK CARES GRANTS UB ITS FIRST ENDOWMENT SCHOLARSHIP

A lucky University of the Bahamas (UB) student was the first recipient of the Island Luck/ Island Luck Cares (IL Cares) Foundation endowed scholarship yesterday, receiving $35 thousand dollars to complete her studies. Arnesha Frazer, a junior studying accounting, is the first person in her immediate family to attend a University. Expressing her gratitude Ms. […]

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PLP Headquarters To Be Transformed

MP Philip Davis said The Progressive Liberal Party will modernize their headquarters.   Davis said the PLP is charting a new course of action for change within the Progressive Liberal Party and that starts with transforming the party’s National Headquarters into a fully operational ‘Battle Station,’ to ensure it becomes modernized and retooled, making it […]

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Bishop Hall Calls For Government Intervention In Policies

Eight years since the CLICO debacle, Bishop Simeon Hall is calling on the government to step in to ensure that Bahamians are protected from eventualities like the one that led to CLICO flatling. With yesterday being the second tranche of payments in a series of three tranches during 2017, policyholders gathered at the CLICO head […]

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“MINNIS IN DENIAL”, SAID PLP CHAIRMAN

“The Free National Movement has no plan for our Bahama land”, were the words Bradley Roberts spoke during his address officially opening of the Progressive Liberal Party’s (PLP) 53rd National General Convention at Melia Nassau Beach Hotel, yesterday. Mr. Roberts, the PLP outgoing chairman focused on the fact that crime has seemingly increased under the […]

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Davis says he’s equipped to lead

Asserting that he is well equipped to lead the country, the Leader of the official opposition Philip “Brave” Davis says the Minnis administration is delivering “hopelessness and terror.” Mr. Davis made the remark as he addressed the Eastern regional meeting of The Progressive Liberal Party (PLP) in Fox Hill Wednesday night.   The PLP interim […]

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Culmer Is New FNM Chairman

The new chairman of the governing Free National Movement is Carl Culmer.   Mr. Culmer beat out Howard Grant in an election of the Central Council held at the Party’s Headquarters on Mackey Street last evening.   The party held the election due to the resignation of former chairman Sidney Collie that took effect yesterday. […]

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Illegal Immigrants Create Underground Economy

Since the announcement by Prime Minister Dr. Hubert Minnis, that all illegals immigrants in The Bahamas have until December 31st to regularize themselves or leave the country, it has been suggested that these immigrants create an underground economy that is not regulated. “We know that illegal immigration has been a long-standing problem in the country […]

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Minister “ Can’t Serve Two Masters,” Says Roberts

Not letting up on his fierce criticism of Health Minister Dr. Duane Sands, Progressive Liberal Party Chairman Bradley Roberts has suggested that the Minister choose a side. In a statement released yesterday Mr. Roberts called on Prime Minister Hubert Minnis to eliminate the apparent conflict of interest. “To preserve the integrity of the institution called […]

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