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Government of Japan Gives $500,000 Grant to the Bahamas National Trust

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#Bahamas, February 19, 2018 – Nassau -The Government of Japan through the Japan Special Fund Poverty Reduction Programme (JPO) has given the Bahamas National Trust (BNT) a US$500,000 non-reimbursable grant for a community-based conch management project in the Family Islands.

Deputy Prime Minister and Minister of Finance the Hon. Peter Turnquest thanked the JPO, as well as the Inter-American Development Bank (IDB), which was instrumental in helping The Bahamas receive the grant.

The financial assistance will help to address the conservation of conch, a marine animal that is categorised as essential to the social and economic welfare and fishing sector of the country, DPM Turnquest said during the project signing ceremony at the BNT, Thursday, February 15, 2018.  He added that more importantly conch is an enduring symbol of the Bahamian cultural identity.

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“Certainly many other places around enjoy conch, but I dare say that there are few if any countries for which the conch is so revered, so treasured and so lustily consumed.”

He said the support for the initiative is timely and no doubt the results from the project will add value or enhance current information on conch harvesting and conservation.

“I do believe that the stakeholders involved in advancing this initiative will ensure that appropriate measures are proposed to the Government in respect to sustainability of conch fisheries in The Bahamas.”

DPM to speaking@the IDB Conservation Grant to BNT Feb 15, 2018. 199365He noted that conch is one of several endangered species to which there exist restrictions on export.

“Notwithstanding the restrictions, which are necessary for sustainability, I do believe the persistent communication inclusive of an awareness campaign through various mediums to relevant stakeholders is paramount to among other things preventing overfishing of juvenile conch and the application of illegal fishing practices.”

DPM Turnquest said that he anticipates the project will do a little more research into the by-products of conch fishing.

“I hope we will be able to help Bahamians identify the true potential of this product to see how we can move from a raw material stage, to some kind of medium, to final product stage where we know the value addeds.”

The IDB Country Representative for The Bahamas, Maria Florencia Attademo-Hirt explained that this is the first grant given in the Caribbean from the JPO.   She said the IDB affirms that the Bahamian endeavour to protect the conch must be supported.

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She added the project will focus on two Family Island communities: East End and West End, Grand Bahama:  “We all know that Grand Bahama is going through rough times, but we also know that Grand Bahama has incredible potential and will go back to being the incredible power that it was before.”

Director, Science and Policy, BNT, Shelley Cant-Woodside said the Project has three core components: to improve conch fishermen’s livelihoods, establish community based management of a marine protected area, and create a domestic market for responsibly fished conch.

It is anticipated that the Project will be able to be replicated throughout The Bahamas with modifications made for each community.

By: Llonella Gilbert (BIS)

Photo Captions:

Header: Community-based conch management project signing took place at the Bahamas National Trust, Thursday, February 15, 2018.  Seated from left: President, BNT, Janet Johnson; Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest; IDB Country Representative for The Bahamas, Maria Florencia Attademo-Hirt; IDB, Executive Director Office for Croatia, Portugal, Korea, Slovenia, the UK, Tatsuya Sugiura; and Representative from the Embassy of Japan, Hideki Shinozaki.  Standing from left: Executive Director, BNT, Eric Carey; Minister of the Environment and Housing the Hon. Romauld Ferreira; and Executive Director for the Caribbean, IDB, Jerry Christopher Butler; and Honorary Consul of Japan, Robert Sands.  (BIS Photo/Derek Smith)

Insert: Deputy Prime Minister and Minister of Finance, the Hon. Peter Turnquest brings remarks at the Community-based conch management project grant signing at the Bahamas National Trust, Thursday, February 15, 2018.  (BIS Photo/Derek Smith)

 

 

 

 

 

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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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