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DPM Announces the Establishment of Investment Authority Satellite Office in GB

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The Government of The Bahamas has made the commitment to establish a satellite office of the Bahamas Investment Authority in Grand Bahama, with the focus of speeding up Investment opportunities on the island.

This announcement came from Deputy Prime Minister of The Bahamas and Minister of Finance, the Hon. Peter Turnquest, who was the guest speaker at the Grand Bahama Chamber of Commerce’s monthly luncheon, held on Friday at Grand Lucayan resort.

Minister Turnquest told Chamber members and guests that the establishment of a satellite office of the Investment Authority will be a big step in helping with the economic revitalization of Grand Bahama.
“Hopefully, no longer will you have to submit to the Grand Bahama Port Authority, to the Government, the Ministry of Grand Bahama and submit to the Central Government in order to get things done,” said Minister Turnquest.

“We want to make the ease of investment as simple, and as efficient as possible. So we will have investment offices here on this island to deal with investment proposals for this island.”

Minister Turnquest pointed out that a part of that process does involve the Government working with its partners at the Grand Bahama Port Authority to ensure that they limit the amount of contact necessary by either party, by simplifying and streamlining the requirements, using a single window, one-stop shop kind of approach.

The Minister noted that this would prevent investors from “wasting time chasing one agency or the next.”
In taking a closer look at what it will take to revitalize the Grand Bahamian economy, the Deputy Prime Minister noted that his Government seeks to develop an Industrial Policy for Grand Bahama, which will identify potential areas of opportunities and products.
This, he said, is a priority for the Government of The Bahamas.

In fact, he said that they have received impressive investment proposals for Industrial investments for different parts of the island of Grand Bahama.

“Our plan includes strategic interventions to stabilize livelihoods, to target programs that encourage employment, skills acquisition and self-employment,” added Minister Turnquest. “To this end, we will continue to support apprenticeship programs to ensure that our young people, in particular, acquire useful skills for the future vision that we see for Grand Bahama.

“We must examine particular needs of small and medium businesses in Grand Bahama. To this end I am delighted to inform of the pending establishment of a Small Business Development Centre in Grand Bahama, attached to the University of The Bahamas, supported by the Ministry of Finance.

“Indeed, my Cabinet Colleague, the Minister for Grand Bahama, Senator Kwasi Thompson, is presently in Washington U.S. Small Business Administration about the introduction of a model in New Providence and Grand Bahama.

“In that Small Business Center, we expect that all of the resources necessary for a small and medium-sized enterprise to go from concept to obtaining a license, to operation, will be available at that center. We also would like to have that Center partner with the Joint Venture Capital Fund, which the government is committed to contributing five million dollars.”

He noted that the idea behind the Center is to ensure that Grand Bahama’s Small Business entrepreneurs have a greater chance of being successful.

The Deputy Prime Minister told members of the GB Chamber that one of the lessons learned from the destruction on Grand Bahama from Hurricane Matthew in 2016 was the fact that “haste makes waste.” With that in mind, he noted that as a resident of Grand Bahama, he clearly understands the suffering of many Grand Bahamian residents, who have found themselves in an economic decline for the past 15 years.

“Grand Bahama requires a well-thought through and carefully executed stimulus package and a master plan to address many of the issues that confronts us,” Minister Turnquest added. “I’ve been known to speak plain and maybe a little too honest, but two months in office is a little bit much to expect that a Master plan would be ready to roll out. Again, it’s important to understand that haste makes waste.”

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Bahama Brass Band Invitation Sparks Heritage Debate Ahead of TCI Constitutional Holiday

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Turks and Caicos, August 20, 2026 – The planned participation of the Bahama Brass Band in the Turks and Caicos Islands’ inaugural Constitutional Holiday celebrations on August 30 has sparked public debate over culture, heritage and the historical contributions of Turks and Caicos Islanders abroad.

Organizers defended the invitation, saying the band’s inclusion is intended to highlight the deep historical ties between the two countries and honor Turks and Caicos men who helped establish and develop the institution in Grand Bahama.

According to the organizers, the Bahama Brass Band began in 1955 in Pine Ridge, Freeport, with Turks and Caicos Islanders, including the late Deacon Reuben Hall Sr. of Middle Caicos and Jenkins Williams and Mervin Hendfield of North Caicos, among those who helped build its foundation. The band eventually grew to more than 50 men.

The organizers also pointed to the participation of Turks and Caicos men in The Bahamas’ Independence celebrations on July 10, 1973, arguing that their contributions became part of Bahamian history while maintaining strong connections to their homeland.

Supporters say bringing the band home represents an opportunity to honor those pioneers, showcase their regional influence and expose younger generations to an important part of Turks and Caicos history.

However, concerns raised publicly described the invitation as potentially disrespectful to local culture and heritage. Organizers acknowledged those concerns, apologizing to anyone who felt overlooked or offended, while maintaining that no disrespect was intended.

The committee said the event should ultimately unite rather than divide, presenting the band’s history as evidence of the reach and resilience of Turks and Caicos heritage.

PHOTO CREDIT: Bahamas Brass Band

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CBC Supports Opportunities for Young Bahamian Basketball Players

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Dasani products, proudly sponsored the fifth annual, Caribbean Hoopfest.

The tournament brings together Bahamian high school basketball teams and visiting teams from the United States for a competitive showcase at the Kendal G. L. Isaacs Gymnasium.  Following its inaugural year at the Kendal G. L. Isaacs gym and last year’s event at Loyola Hall, the tournament returned to the Kendal G. L. Isaacs gym this year.

During the weekend tournament, CBC kept athletes well hydrated with in-kind donations of Dasani Water, Powerade and Minute Maid Juices.

During the tournament’s final day, CBC provided additional support by offering Sprite No Sugar samples and inviting attendees to participate in its Spin the Wheel for a chance to win exciting prizes.

CBC was proud to support this incredible event, which provides young Bahamian athletes with valuable exposure to U.S. basketball scouts and coaches. This opportunity gives them the chance to earn scholarships, continue their education, and pursue their basketball careers in the United States.

Event organizer, Donald Francois shared his appreciation for CBC’s support.

“I want to express our sincere appreciation for Caribbean Bottling Company, who has been a tremendous supporter and an important part of the success of our program. Without CBC’s support, Caribbean Hoop Fest would not be able to function at the level it does today. And without Caribbean Hoop Fest, we would not have been able to provide the opportunities that have helped young Bahamian athletes gain exposure and pursue educational opportunities in the United States,” he expressed.

Since the program’s inception, several Bahamian student-athletes have been selected for scholarship opportunities, highlighting the tournament’s growing impact on the development and advancement of young basketball talent in The Bahamas.

They are: Kelvin McDowells – Guard, Wodson Antoine – Power Forward, Justin Lafleur – Guard and Sean John – Guard.

After another successful edition of the tournament, Francois shared what he hopes he and Caribbean Bottling Company can achieve in the future.

“Our vision is bigger than basketball. We want to use the platform of Caribbean Hoop Fest to educate, develop, and create opportunities for young people and their families throughout the Bahamas. With individuals and organizations committed to our mission, we believe we can continue to grow the program and make an even greater impact,” Francois said.

For more details on community support, events and new products visit Caribbean Bottling Company at www.cbcbahamas.com today.

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More Bahamians Accessing HIV, STI Care Through NHI

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NASSAU, Bahamas — More Bahamians are accessing HIV and sexually transmitted infection-related healthcare through National Health Insurance, a trend the NHI Authority says should be viewed positively.

NHIA stressed in an August 6 statement that its 2025 figures measure healthcare utilisation, not newly diagnosed infections. They include beneficiaries screened, treated, monitored or receiving follow-up care, including people diagnosed previously.

“Increased utilisation of these services should be viewed as a positive development,” NHIA said.

The Authority pointed to “greater enrolment and use of NHI, improved access to screening and testing, continued treatment and monitoring of existing conditions, and increased willingness to seek medical care.”

The development comes amid a mixed three-year HIV picture. New diagnoses rose from 130 in 2023 to 156 in 2024, before declining to 142 in 2025.

NHIA said increased utilisation demonstrates that more beneficiaries are accessing needed healthcare and actively managing their health, reinforcing the importance of screening, early diagnosis and continued treatment.

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