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BAHAMAS: PM Minnis Says Zorba’s Owners Show Confidence in GB’s Economy

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#Bahamas, November 28, 2017 – Grand Bahama – Prime Minister, Dr. the Hon. Hubert Minnis noted Friday that it is unusual for a restaurant to retain all of its employees during a time of recession and economic hard times, and that the owners of Zorba’s Restaurant must be commended for not only maintaining the employment status quo, but also expanding their business and making a significant contribution to the economy of Grand Bahama.

“What is being demonstrated is the confidence that the owners of this business have in the Bahamian economy,” added Prime Minister Minnis.   “Under ordinary circumstances, if a restaurant or business suffers from something as devastating as a fire, in many instances that business would close especially knowing the economy of the entire country was experiencing great difficulty.

“But Nick and Noelle, not only remained opened, they renovated and expanded.   That demonstrates true confidence in this society.”

The Prime Minister’s remarks came during the re-opening ceremony of Zorba’s Restaurant and the launch of Zsa Zsa Mojito Bar in Port Lucaya Marketplace on Friday, November 24, 2017.    Also attending the event were Minister of State for Grand Bahama, Senator the Hon. Kwasi Thompson and Minister of Youth, Sports and Culture, the Hon. Michael Pintard.

The event was a celebration of commitment, tenacity and faith in Grand Bahama. Like many businesses in Grand Bahama, Zorba’s Restaurant and Agave Restaurant both suffered damage from recent hurricanes as well as the effects of the downturn in the Grand Bahamian economy.   In addition, two months ago Zorba’s Restaurant was damaged by fire, forcing part of the restaurant to close.

PM reopens ZorbasIn the midst of all of these trials, owners of Zorba’s and Agave Restaurant did not let go any of their 100 staff members.   This, according to the Prime Minister, says a lot about the owners of the restaurants.

“We, the government did all we could during these times to try and stimulate business in the Marketplace area, and the Prime Minister’s office here in Grand Bahama held certain events in this Marketplace to help keep the businesses afloat,” said Prime Minister Minnis.

“Earlier today we launched an entrepreneurship program for young people, who will be given monies to start their respective businesses; and it is our hope that as those businesses grow, they will employ more people who in turn will have money to further support the Grand Bahama economy.”

As far as the re-opening of the Grand Lucayan resort is concerned, Prime Minister Minnis told the audience that they are even closer to a resolution and the sale of that hotel, during which time the resort would be renovated and re-opened.

“So, Grand Bahama is on the move,” said Prime Minister Minnis.  “We will continue to work to stimulate the economy of Grand Bahama.”

Continuing, he said: “So, again, I want to congratulate the owners of these restaurants and thank them for their confidence in the Bahamian economy. I am certain that just as God blessed them in their business during hard times, God will continue to bless them and their staff in this new venture.”

By: Andrew Coakley (BIS)

Photo credit:

Header: HELPS CUT RIBBON – Prime Minister Hubert Minnis gets a hand in the cutting of the ribbon to Zsa Zsa Mojito Bar from the daughter of one of the owners of the bar, as well as a hand from Minister of Youth, Sports and Culture, the Hon. Michael Pintard (right), during official opening ceremonies on Friday, November 24, 2017.  (BIS Photo/Lisa Davis)

Insert: PM RE-OPENS ZORBAS – Prime Minister, Dr. the Hon. Hubert Minnis was the keynote speaker during the re-opening of Zorba’s restaurant in Port Lucaya Marketplace on Friday, November 24, 2017.   (BIS Photo/Lisa Davis)

 

 

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OVER 209,000 BAHAMIANS TO DECIDE NEXT GOVERNMENT IN TUESDAY’S GENERAL ELECTION

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Polls open nationwide as rallies, controversy and endorsements close heated campaign season

 

The Bahamas, May 11, 2026 – Temperatures across The Bahamas on Tuesday, May 12 are forecast to reach a high of 87 degrees Fahrenheit, with “feels like” temperatures expected to climb even higher — but the heat is not expected to disrupt the flow of voters to polling stations which open nationwide at 8 a.m.

More than 209,000 registered voters are expected to cast ballots in the country’s 2026 General Election, which will determine who forms the next government of the Commonwealth of The Bahamas.

Polling stations across New Providence, Grand Bahama and the Family Islands will remain open until 6 p.m., with all 41 House of Assembly seats being contested in what has become one of the country’s most energetic and closely watched election campaigns in recent years.

The governing Progressive Liberal Party and the opposition Free National Movement are fielding full slates of 41 candidates each, while the Coalition of Independents has emerged as a significant third-force movement with 40 candidates contesting seats nationwide.

Public schools throughout the country are closed Tuesday as many campuses are transformed into polling stations, while ballot boxes have already been dispatched to the Family Islands ahead of voting day.

The Parliamentary Registration Department has meanwhile reminded employers that registered voters are legally entitled to two hours off to vote in addition to their normal lunch break and has also issued guidance aimed at maintaining orderly conduct at polling locations.

The final days of campaigning transformed the country into a sea of rallies, motorcades, town halls and political events stretching from Exuma and Long Island to Abaco, Bimini, Eleuthera, Andros, Inagua and Grand Bahama.

The PLP closed its campaign with the message “Choose Progress,” arguing the Davis administration has strengthened the economy, expanded social support and advanced national development projects.

The FNM campaigned heavily on accountability, affordability and governance reform under the slogan “We Work for You,” while the Coalition of Independents sought to position itself as the country’s disruptive alternative with the declaration: “Change ain’t coming — change is here.”

The campaign season also drew international attention with former NBA player and businessman Rick Fox attracting celebrity endorsements from basketball legend Shaquille O’Neal, actress Vanessa Williams and reggae icon Buju Banton through widely circulated video messages.

Adding further unpredictability to the race are at least 13 independent candidates contesting seats across the country, including former Prime Minister Dr Hubert Minnis in New Providence’s Killarney constituency, former Cabinet Minister Frederick McAlpine in Grand Bahama’s Pineridge constituency and Leroy Major in Southern Shores on New Providence — all seeking to break through the dominance of the country’s traditional party structure.

Meanwhile, election officials faced controversy in the campaign’s final hours after confirming that fewer than 150 voters, around 1 percent of electors had been mistakenly omitted from the register but would still be allowed to vote Tuesday — a decision questioned publicly by FNM Leader Michael Pintard amid broader concerns over voter integrity and election procedures.

Despite the political tensions, election officials say preparations are complete.

By Tuesday night, Bahamians are expected to know whether the PLP secures a second consecutive term, whether the FNM returns to office, or whether independents reshape the country’s political landscape.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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BAHAMAS RATING UPGRADE: A WIN—BUT NOT A FREE PASS

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The Bahamas, May 4, 2026 – With elections days away, The Bahamas has picked up a headline-friendly win: a credit rating upgrade.

Here’s the one-liner that matters most:

A higher rating can mean cheaper borrowing for the government—over time.

That’s the upside. When lenders see less risk, they demand lower interest. That can ease the cost of financing big projects and managing national debt.

But that’s only part of the story.

Moody’s Ratings has upgraded The Bahamas to Ba3 from B1, citing stronger fiscal discipline, improved liquidity and a more stable funding strategy. It also points to better tax collection, controlled spending and continued strength in tourism as key drivers.

Moody’s expects the government to maintain solid primary surpluses—essentially bringing in more than it spends before debt payments—and projects national debt to decline from 72.5% of GDP to around 68% by 2027.

That’s progress.

But here’s the reality check.

The Bahamas is still below investment grade. In plain terms, the country remains in speculative territory, meaning investors still see a higher level of risk compared to more stable economies.

Debt, while improving, is still elevated. And the economy remains heavily dependent on tourism—a sector that can shift quickly with global conditions, weather events or geopolitical shocks.

Even Moody’s signals that more work is needed. Further upgrades depend on:

  • sustained reductions in debt
  • improved debt affordability
  • and continued access to favourable financing

So while the upgrade reflects real gains, it is not a finish line.

It is a signal that the country is moving in the right direction—but must stay disciplined to keep that momentum.

For voters heading to the polls, the takeaway is simple:

The Bahamas has strengthened its financial position—but the fundamentals still need work.

The progress is real.

The challenge now is to make it last.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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VOTES SAFE, SAYS PRD AFTER BALLOT BOX FIASCO VIDEO

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The Bahamas, May 4, 2026 – The Parliamentary Registration Department is assuring the public that ballots cast during advance polling remain secure, following a viral video that sparked confusion and concern in eastern Nassau.

The footage, widely circulated on social media, showed a tense scene outside Thelma Gibson Primary School, where party supporters surrounded election officials as a ballot box was escorted to a waiting vehicle under police guard. The confrontation—loud, chaotic and closely watched—left many questioning whether proper procedures were being followed.

In response, the PRD moved to clarify.

In an official statement, the Department said the transport of ballot boxes in the Elizabeth and Yamacraw constituencies was conducted in line with established protocol. It explained that once polling concludes, the Presiding Officer is required to return sealed ballot boxes to the Returning Officer, who—accompanied by a senior police officer—then transports them to the Parliamentary Commissioner.

The PRD said it is satisfied that Returning Officer Sonia Culmer adhered to those procedures and that the ballot boxes remained sealed at all times.

But that account has been challenged.

PLP Elizabeth candidate Jobeth Coleby-Davis has called for an urgent investigation into what she described as alleged irregularities involving ballot handling. She claims that established procedures were breached, including the movement of sealed ballot boxes without the presence of party observers, and is urging authorities to review the matter.

The competing accounts have added to public unease following scenes that saw supporters from multiple political parties crowding officials during the transfer process, demanding clarity on what was taking place.

Individuals clad in PLP shirts, including incumbent Coleby-Davis swarmed the returning officer, police officers and the ballot boxes.  The charge was the woman in the crosshairs of the accusations was connected to the opposition FNM party.

There was nothing to validate this claim and there is no confirmed breach reported by election officials.

Ballots cast during advance polling are expected to remain secured until Election Day, May 12, when they will be merged with ballots in their respective constituencies and counted as part of the official tally.

For now, the PRD is standing firm on the integrity of the process—even as calls for further scrutiny grow louder.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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