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Prime Minister Anticipates “Excellent Year” for Grand Bahama

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#Bahamas, February 12, 2018 – Grand Bahama – “I believe that this year will be a good and excellent year for Grand Bahama.”

RIBBON CUTTINGThe Prime Minister’s sentiments came during the official opening of Pirate’s Cove Zipline & Water Park, located at Taino Beach, on Saturday afternoon.  Prime Minister, Dr. the Hon. Hubert Minnis gave the keynote address, following a list of other speakers at the event, including Deputy Prime Minister, the Hon. K. Peter Turnquest, and Parliamentary Secretary in the Ministry of Tourism, Travis Robinson.

Although various aspects of the Pirate’s Cove adventure theme park had been opened and operational for some time, Saturday’s opening was for the introduction of the Zipline Adventure, the first of its kind in The Bahamas.

Prime Minister Minnis noted that one of the unique aspects of the Pirate’s Cove Zipline & Water Park was the fact that it was carried out by Bahamians. This, he said, proves that Bahamians are more than capable of owning their economy.

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“My government seeks to encourage more of these Bahamian business ventures, particularly in Grand Bahama,” added the Prime Minister.  “It’s important to note that this is an achievement for the entire island of Grand Bahama.  It strongly suggests that investment confidence is improving.

“I have been advised that the investment into this project totals some $1.4 million into the economy of Grand Bahama.  I am pleased that Pirate’s Cove presently employs 30 persons directly, and they are all Bahamians.  They also have an additional 30 persons who are indirectly employed by this entity.”

The Prime Minister noted that the results of the recent labor force survey by the Department of Statistics for Grand Bahama indicates some progress.  He said that in Grand Bahama, there was a slight decrease in the unemployment rate from 12.4 percent to 12.1 percent.

“There are still too many unemployed, but the rate is trending in the right direction,” said Prime Minister Minnis.

“It should be noted that there was a significant increase in employed persons in Grand Bahama. The number of persons employed in May 2017 in Grand Bahama was 26,160 and that number increased to 27,240 in November 2017.  “We still need more jobs.”

Prime Minister Minnis reiterated his commitment to the Second City, noting that Grand Bahama has been a major focus of his government, and he vowed that they will continue to work towards its complete restoration.  The Prime Minister said he would continue to have a personal interest in Grand Bahama to ensure that the economy of the island is revived.  He said he also has the same passion for the other islands, as well as the inner city of New Providence.

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Referring to his most recent National Address, Prime Minister Minnis affirmed his announcement of all first time businesses being exempt from business license fees. He also affirmed that all businesses with a gross of less than 100,000 dollars are exempt from business license fees.

“I have been travelling to Grand Bahama for a very long time and I know that the Port loves Grand Bahamians just as much,” said Minister Minnis, jokingly taking a jab at GBPA president, Ian Rolle, who was also at Saturday’s opening.

MRS. MINNIS TRIES THE ZIPLINE“Therefore I am certain that the Port will match the Government.  Just as I said to the Minister of Finance recently, I will say to the Port… ‘don’t make me out to be a liar.’”

The Prime Minister said that the Zipline Park was something great for Grand Bahama and he wished it total success.  He reminded his audience of the Government’s ongoing transactions to get the Grand Lucayan hotel sold and re-opened.  He also spoke of the Government’s negotiation with Bahamas Paradise for the return of the Grand Celebration and the introduction of a new vessel, which will bring additional stopover visitors and new opportunities for Grand Bahama in April.

“We have also negotiated an airlift agreement with Sunwing and now have the return of Vacation Express,” added Prime Minister Minnis.  “It has been announced that a total of eight non-stop flights departing from various U.S. cities will begin their flight schedules to Grand Bahama this year.

By: Andrew Coakley

 Photo Captions: 

Header: Prime Minister of The Bahamas, Dr. the Hon. Hubert Minnis (second left) was keynote speaker at the official opening of Pirate’s Cove Zipline & Water Park at Taino Beach in Grand Bahama on Saturday, February 3, 2018.  Also on hand for the event were Minister of State for Grand Bahama in the Office of the Prime Minister, Senator Kwasi Thompson (second right); Parliamentary Secretary in the Ministry of Works, Iram Lewis (right); and Parliamentary Secretary in the Ministry of Tourism, Travis Robinson.

First insert: It was a long way up to the spot where two ribbons were waiting to be cut by the Prime Minister and the Deputy Prime Minister to officially open Pirate’s Cove Zipline & Water Park at Taino Beach on Saturday, February 3, 2018.  Prime Minister Minnis was the keynote speaker at the event.

Second insert: Wife of the Prime Minister, Mrs. Patricia Minnis was one of the first brave persons to try out the Zipline at Pirate’s Cove Zipline & Water Park, during opening ceremonies on Saturday, February 3, 2018.  Mrs. Minnis successfully zipped on the 30-ft. line and she set the stage for others to try.   Deputy Prime Minister, the Hon. Peter Turnquest followed, choosing to take the 50-ft. line, where he waved to the crowd as he zipped by.

BIS Photos/Lisa Davis

 

 

 

 

 

 

 

 

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New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

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

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Afreximbank Annual Meetings Return Next Month; Caribbean Links Remain in Focus

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May 29, 2026 – Two years after The Bahamas made history as the first Caribbean nation to host the African Export-Import Bank’s Annual Meetings, thousands of delegates are expected to gather in Egypt next month for AAM2026.

The 33rd Afreximbank Annual Meetings will be held from June 21-24 in El Alamein, Egypt, under the theme: “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty.”

The event is regarded as one of Africa’s most important gatherings on trade, investment, finance and economic development, bringing together heads of state, policymakers, business leaders, development finance institutions and international partners.

For Caribbean nations, the meetings hold special significance.

In 2024, The Bahamas welcomed thousands of delegates to Nassau for the landmark event, marking the first time the annual meetings were staged outside the African continent and placing the Caribbean at the center of growing discussions on Africa-Caribbean trade and investment.

Since then, Afreximbank has continued to expand its engagement in the region, promoting stronger commercial ties between Africa and Caribbean countries and exploring opportunities in trade finance, infrastructure development, logistics, investment and private sector growth.

Organizers say this year’s discussions will focus on strengthening intra-African trade, advancing industrialization, building regional value chains and increasing economic resilience amid global uncertainty.

The meetings are also expected to provide a platform for new partnerships, investment opportunities and development initiatives that could have implications beyond Africa, including for Caribbean nations seeking to deepen economic cooperation with the continent.

As leaders prepare to convene in Egypt, the Caribbean’s growing relationship with Afreximbank remains a key part of the institution’s broader vision of expanding trade and investment connections across the Global South.

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

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