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Appointment of New Directors – Bahamas Power and Light (BPL)
The Ministry of Energy and Transport advised the Cabinet Office on Tuesday of the resignations of two members of the Bahamas Power and Light (BPL) board. In response to this development, the Honorable Minister JoBeth Coleby-Davis has subsequently appointed Christina Alston and Dylan Sawyer as Directors, building on a new chapter in the organisation’s drive towards innovation, efficiency, and sus...
Op-Ed: Closing the gender investment gap – empowering women in finance
In the realm of finance, there exists a pervasive and detrimental disparity known as the gender investment gap. This phenomenon refers to the discrepancy in investment patterns between men and women, wherein women tend to invest less compared to their male counterparts. This gap not only perpetuates gender inequality but also undermines women's financial security [...]
BMOTIA at World Trade Market 2022
BMOTIA at World Trade Market 2022
Bahamas Ministry of Tourism, Investments & Aviation (BMOTIA) is exhibiting at World Travel Market2022, 6-9 November, with a delegation led by the Acting Director General, Latia Duncombe.
PM assures no BPL lay-offs as union reiterates opposition to foreign management contracts
PM assures no BPL lay-offs as union reiterates opposition to foreign management contracts
NASSAU, BAHAMAS — Prime Minister Philip Davis has assured workers at Bahamas Power and Light (BPL) that there will be no layoffs at the company, as Bahamas Electrical Workers Union President Kyle Wilson stressed the union's strong disagreement with the government's proposal to grant contracts to foreign companies to manage, oversee, or maintain the company's [...]
A political bonanza
A political bonanza
Dear Editor,
It’s too early to predict what impact the decision by 10 members of the National Democratic Party (NDP) to join the Progressive Liberal Party (PLP) will have on the political landscape of The Bahamas, but there is no question that this was a huge political bonanza for the PLP.
When former NDP leader Renward Wells and nine other executive members of his party made their dramati...
Clean Marine Group Debuts Innovative MARPOL Port Reception Facility in Grand Bahama
In a significant advance toward a sustainable maritime industry, Clean Marine Group (CMG) is delighted to advise that its unique MARPOL Port Reception Facility in Freeport, Grand Bahama in now open and running. CMG is the first operation of its kind in the region and marking a transformative moment in maritime waste management.
Clean Marine Group launches $20 million state-of-the-art marine waste management facility in Grand Bahama
Clean Marine Group launches $20 million state-of-the-art marine waste management facility in Grand Bahama
NASSAU, BAHAMAS — Clean Marine Group has announced the opening of its $20 million state-of-the-art marine waste management facility in Grand Bahama. The company has announced that its unique MARPOL Port Reception Facility in Freeport, Grand Bahama, is now open and running. Occupying a four-acre site adjacent to the Grand Bahama Shipyard in Freeport Harbour, [...]
Manager 'pressured' on WSC payments
Manager 'pressured' on WSC payments
THE former chief financial officer (CFO) of the Water and Sewerage Corporation (WSC) testified yesterday that Adrian Gibson pressured the general manager of the company to resolve delayed payments to landscaping companies.
GB Shipyard projects $250 million annual turnover within five years
NASSAU, BAHAMAS — The Grand Bahama Shipyard projects an annual turnover reaching $250 million within five years, with its top financial executive noting firm reservations extending into 2029. Linda Turnquest, the CFO of Grand Bahama Shipyard, addressed the recent Grand Bahama Business Outlook, highlighting the shipyard's potential for growth. She emphasized the region's lack of [...]
GBPA principal calls for laws governing the city of Freeport to be updated
NASSAU, BAHAMAS — The rules governing the city of Freeport are 70 years old and in need of a comprehensive overhaul, according to the Principal of the Grand Bahama Port Authority. Rupert Hayward, Principal and Director of the Grand Bahama Port Authority, addressed the Grand Bahama Business Outlook on Thursday, emphasizing the urgent need for [...]