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Khaalis Rolle Named MD of New Sterling Company

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#Bahamas, December 4, 2017 – Nassau – Leading real estate development financing firm Sterling Global Financial announced today it is set to launch a new advisory arm, adding a service the firm’s chairman said would bolster its strategic growth with its ability to assist clients with core services including structure, management, banking, financing, and operations.

The new company, Sterling Global Advisors Ltd., will be headed by former Bahamas Minister of Investments Khaalis Rolle, a businessman and two-term chairman of the Bahamas Chamber of Commerce and Employers’ Confederation, and follows on the heels of Sterling’s launch last year of Sterling Bank & Trust (Bahamas) Ltd.

“The new advisory firm will allow the firm to consolidate and provide a more strategic focus on a component of its business which was previously viewed as value-added for existing clients,” said Sterling Chairman David Kosoy.

“Sterling Global Financial has largely built its reputation and singular positioning by responding to needs for financing ranging from high end homes, commercial shopping centers, luxury condo developments, private islands and resort developments,” said Mr. Rolle, who currently serves as Sterling’s Senior Executive Vice President, and will become Managing Director of Sterling Global Advisors.

“The creation of Sterling Global Advisors expands the role we serve with clients and investors by providing guidance, direction and, in some cases, operations management skills. This will allow us to take on new roles that we have the skill sets for, including advising on private placement offerings, consulting and advising governments and quasi-government entities and for-profit and not-for-profit institutions.   This will strengthen Sterling in important ways by creating a sustainable path for our continued growth through the expansion of our relationship with new and existing clients in The Bahamas, North America and beyond.”

Many of the projects the firm finances or assists with financing are in The Bahamas and include ONE Cable Beach, THIRTY SIX on Paradise Island, Courtyard by Marriott in downtown Nassau, Ocean Terraces, West Bay Street, Matt Lowe’s Cay, Abaco and Sky Beach Estates, Eleuthera.   It is also funding a share of the land acquisition for a major redevelopment of an iconic neighbourhood in South Boston and is participating in a project in Ireland. In the past year, it upgraded and sold a large shopping center in central Florida.

“We have been growing slowly, steadily since our founding a decade ago,” said Sterling Global Financial Chairman David Kosoy, who, though holding an advanced degree in law, has spent his life in real estate funding and development.   “Launching Sterling Global Advisors strengthens our growth potential and provides an enhanced and important role in key projects.   We are taking this strategic step now to further position Sterling to take advantage of the tremendous economic opportunities across our various business sectors.   We could not find a better person to head Sterling Global Advisors than Khaalis Rolle.”

Mr. Rolle has served as Senior Executive Vice President of Sterling Global Financial since June 1, 2017.

The chairman also revealed that Sterling will be making additional major announcements regarding what he termed “exciting new projects, initiatives and partnerships consistent with our medium to long term growth strategy.”

The company with headquarters on East Bay Street, Nassau, has some US$9 billion under administration or asset management.   In 2016, it opened Sterling Bank & Trust (Bahamas) Ltd. and it operates one of the oldest trust companies in Cayman with worldwide clients.   It has earned numerous awards for investment returns and security of investments.

Press Release: DPA News

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Bahamas News

From Hollywood to Parliament

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The Rick Fox Political Timeline

 

“Are You Thinking About Politics?”

Fox publicly acknowledged growing calls for him to enter Bahamian politics, saying he had been hearing from women, youth, business owners and everyday Bahamians who were “ready for something different.”

October 19, 2025

“Then Jump, Man.”

Fox revealed a conversation with NBA legend Michael Jordan, who encouraged him to enter politics after asking whether he believed he could help young Bahamians.

November 24, 2025

“The Bahamas Must Be First”

Fox officially announced his intention to run in the 2026 General Election, promising transparency, affordability, opportunity and a modern Bahamian economy.

February 4, 2026

“Officially Picked”

The Free National Movement formally ratified Fox as its candidate for Garden Hills, instantly making him one of the most talked-about figures in the election cycle.

March 20, 2026

“From Courtside to Campaign Stage”

Fox mounted the national campaign stage for the first time at the FNM’s major campaign launch at Baha Mar Resort in Nassau.

March 30, 2026

“I’m Giving The Salary Back”

Fox announced he would not take a parliamentary salary if elected, saying the funds should instead go back into helping the people of Garden Hills.

April 14, 2026

“Nomination Eve Goes Viral”

A heated confrontation involving Fox and PLP supporters outside the Parliamentary Registration Department exploded across social media after video captured the tense exchange.

April 16, 2026

“Pick Rick” Officially Launches

Nomination Day cemented Fox’s candidacy and formally launched the now-famous “Pick Rick” campaign branding.

April 19, 2026

“Vote and Win”

Jamiah Burrows won a vehicle through Fox’s civic participation challenge, part of a campaign effort encouraging voter engagement and turnout.

April 20, 2026

“The Wealthiest Candidate”

Financial disclosures revealed Fox as the wealthiest candidate in the 2026 election cycle, with reported assets exceeding $469 million, ending speculation about his financial standing.

April 25, 2026

“The Garden Hills Blueprint”

Fox unveiled detailed policy graphics outlining plans for:

  • youth development,
  • healthcare access,
  • infrastructure upgrades,
  • environmental restoration,
  • entrepreneurship,
  • and a proposed $10 million investment fund for Garden Hills.

May 4, 2026

“The Numbers Don’t Lie”

Fox’s campaign highlighted more than:

  • 20 community clean-ups,
  • 16 streets and locations served,
  • and 13 solar lights installed across Garden Hills during the campaign.

May 6, 2026

“Shaq Steps In”

NBA legend Shaquille O’Neal publicly endorsed Fox, helping elevate international attention surrounding the campaign.

May 8, 2026

“Buju Backs Rick”

Jamaican reggae icon Buju Banton threw his support behind Fox ahead of Election Day.

May 10, 2026

“Vanessa Williams Endorses”

Fox’s former wife, actress and singer Vanessa Williams publicly endorsed his campaign.

May 11, 2026

“Magic Joins the Campaign”

NBA icon Magic Johnson became the latest major celebrity to endorse Fox just one day before Bahamians went to the polls.

May 12, 2026

“Election Day”

Fox contested the Garden Hills constituency seat against PLP incumbent Mario Bowleg in one of the country’s most closely watched races.

May 13, 2026

“Grace in Defeat”

Fox publicly conceded the race and congratulated Bowleg on his victory in Garden Hills.

May 18, 2026

“We Pick Rick”

Despite losing at the polls, Fox officially entered Parliament after being appointed to the Senate by the FNM — with the party itself declaring:

“We Pick Rick.”

The appointment made Fox one of the most internationally recognized figures ever to serve in the Bahamian Senate.

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

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Bahamas News

First Woman to Lead Tourism Ministry: Glenys Hanna-Martin Takes On Bahamas’ Leading Industry  

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The Bahamas, May 22, 2026 – Veteran parliamentarian Glenys Hanna-Martin has made history, becoming the first woman to lead the Ministry of Tourism in The Bahamas — assuming responsibility for the country’s most important economic engine 62 years after tourism first gained Cabinet-level representation.

Tourism received its first Cabinet minister on January 7, 1964, when Sir Stafford Sands was appointed Minister of Finance and Tourism, helping shape what would become the dominant pillar of the Bahamian economy.

Now, six decades later, Hanna-Martin steps into the role as the nation’s first female Tourism Minister.

The longtime Englerston Member of Parliament moves into the powerful portfolio following years overseeing education and after building one of the most enduring political careers in modern Bahamian history.

Hanna-Martin is widely regarded as the country’s longest-serving female MP, having represented Englerston continuously since 2002.

Her appointment comes at a critical moment for the tourism sector, which continues to drive employment, foreign exchange earnings, hotel development, cruise expansion and airlift growth across the archipelago.

The scale of the industry she now oversees is staggering.

According to tourism and government data, The Bahamas welcomed a record 12.5 million visitors in 2025, including roughly 10.8 million cruise passengers and 1.7 million air arrivals.

Tourism is estimated to generate roughly 70 percent of the country’s Gross Domestic Product and employs more than half of the Bahamian workforce either directly or indirectly.

The industry also continues to fuel massive hotel and resort expansion projects across Nassau, Grand Bahama and the Family Islands, while helping sustain airlift partnerships, cruise port investments and vacation rental growth.

The Ministry of Tourism is widely viewed as one of the most influential assignments in any Bahamian Cabinet because of its direct connection to the nation’s economic stability and international image.

And while regional competition intensifies across the Caribbean, The Bahamas remains one of the world’s most recognized island tourism brands.

Hanna-Martin now inherits responsibility for protecting and expanding that position.

Her political career has already included several barrier-breaking milestones, including becoming the first female chairman of a major political party in The Bahamas and the first female Minister of Transport and Aviation.

Now, she adds another first to her legacy.

For many observers, the significance of the moment extends well beyond symbolism.

Tourism is not simply another ministry.

It is the heartbeat of the Bahamian economy.

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

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Bahamas News

“Politician-1” Frenzy Intensifies After Plane Crash Survivor Allegedly Misses US Court Appearance

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The Bahamas, May 22, 2026 – Questions and speculation intensified across The Bahamas Thursday night after Eyewitness News reported that Jonathan Eric Gardiner — the Election Day plane crash survivor now accused in a major international cocaine trafficking conspiracy — was allegedly a no-show for a scheduled US court appearance.

The latest development adds yet another dramatic twist to a case that has already pushed the country into political and social fever pitch.

Gardiner first appeared in federal court in Orlando on May 15 following his arrest on a New York federal warrant tied to a DEA investigation into alleged cocaine trafficking operations running through The Bahamas into the United States.

But the case exploded nationally after US federal affidavits repeatedly referenced an unnamed Bahamian political figure identified only as:  “Politician-1.”

The filings allege meetings connected to a proposed cocaine shipment and references to political protection for trafficking operations.

No politician has been publicly identified by US prosecutors.

Still, the mystery has consumed the Bahamian public.

Talk shows, social media timelines, Parliament corridors and street corners have erupted with demands for answers, including headlines declaring:  “TELL US WHO IS POLITICIAN 1.”

Public speculation has centered heavily around West End MP Kingsley Smith, who has denied any involvement in drug trafficking or cartel activity.

The controversy became so intense this week that Smith was reportedly heckled inside Parliament while taking his official oath of office.

Adding to the surreal nature of the case are reports carried by The Tribune that some passengers aboard the doomed flight were ordinary Bahamians trying to return home to vote after missing another flight connection on Election Day.

What began as a dramatic survival story involving 11 rescued passengers floating in waters off Florida has now transformed into a sprawling scandal involving alleged drug trafficking, political intrigue, DEA affidavits and mounting national anxiety.

The Tribune has also reported alleged links between Gardiner and construction-related business dealings, while US court documents reportedly describe cash-filled envelopes labeled for “Politician-1” in language investigators viewed as consistent with narcotics payment structures.

For many Bahamians, the story now feels almost unbelievable: an Election Day plane crash, an accused drug kingpin, references to Parliament, public outrage and now questions surrounding an alleged missed US court appearance.

And with official answers still limited, the fever surrounding “Politician-1” appears only to be growing.

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

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