Connect with us

Bahamas News

Minister Thompson optimistic about the future of Grand Bahama

Published

on

#GrandBahama, June 5, 2018 – Bahamas – “I am optimistic for the future of Grand Bahama, even in the face of the recent announcement on the increase of Value Added Tax,” said Minister for Grand Bahama in the Office of the Prime Minister, Senator Kwasi Thompson.

“This was necessary to avoid downgrading, necessary to avoid mass firing of employees and necessary to avoid the devaluation of our dollar. After years of kicking these problems down the road and trying to borrow our way out of trouble, it was time to make the hard, but necessary decisions.”

Minister Thompson was the keynote speaker at the 2018 Bahamahost graduation, which was held on Thursday, May 31, 2018, at Calvary Temple Church. Some 280 people made up this year’s graduating class, one of the biggest classes in the programme’s history in Grand Bahama.

Minister Thompson told the graduates and their guests that he chose to be optimistic about the future of Grand Bahama, even in light of some of the challenges it presently faces. Such optimism, he said, lies in the fact that there has been an increase in foreign direct, and domestic, interests over the past year in Grand Bahama.

“I’m optimistic by the re-opening of the Goombay Land Amusement Park, where there is expected to be some 20 people hired; I’m optimistic about Grand Bahama because we have seen the local investment by Fowlco, a Bahamian Marine logistics company that has hired 17 people.

“I’m optimistic about Grand Bahama because we have seen the expansion of companies like Omni Financial that has hired some 10 people; companies like Carnival Corporation, Ocean Medallion that have trained and hired Bahamians to create and to configure cutting edge technology for Carnival Cruise Line; I’m optimistic because we have seen companies like the Wind River Tobacco company invest in Grand Bahama and hire 20 Grand Bahamians.

“I’m optimistic about a major fabric company out of Nassau that will be opening doors here in Grand Bahama in a few months and who will be hiring Grand Bahamians to work; I’m optimistic because a Bahamian-owned food store is embarking upon a multi-million dollar expansion here in Grand Bahama, and construction has already begun.

“I’m optimistic about Grand Bahama because once stalled major projects have been restarted, like the Seaward Fishing Village and the PharmaChem expansion project. I’m optimistic about Grand Bahama because more such projects are coming on stream and are expected to once again boost the economy of Grand Bahama.”

Minister Thompson said that he is very optimistic about the future of tourism in Grand Bahama, particularly as the Government moves closer to closing the deal on the Grand Lucayan Resort and as plans go into effect to begin renovation on the property.

He said that the former Ginn Project has also been revived and the new owners have committed to hiring 200 people in their first year of operation. The Grand Bahama Minister said that there are some other projects scheduled to come on stream in Grand Bahama, but because they are still in the early stages, he was not at liberty to disclose the details of those projects as yet.

“But if you sat where I sit, you too would be optimistic about what is going to happen in Grand Bahama,” added Minister Thompson. “Even in the face of an increase in VAT, I’m still very optimistic in the future of this island.”

When the announcement that Value Added Taxes was increasing from 7.5 percent to 12 percent was made by the Minister of Finance, the Hon. K. Peter Turnquest, during his recent Budget Communication, a firestorm of social media posts reflected Bahamians’ feelings about the proposed increase.  However, Minister Thompson said he believes that in the end Bahamians would see why it was necessary for the Government to take the position it took on VAT.

“But even in the face of all of that, there are reasons in the recent budget to be optimistic,” added Minister Thompson.

“We’ve made it easier for Bahamians to do business, finding an easier way for Bahamians to start and renew their businesses; we have reduced duty on small vehicles; we have taken Value Added Taxes off breadbasket items and off medication; we have taken the duty off clothes and shoes for those businesses that sell those items and we have allowed for building supplies to be imported duty free, something which many Grand Bahamians are still in need of, as they continue to repair their homes from previous storms.”

A programme to be launched by the government that Minister Thompson is excited about is the new BTVI Scholarship initiative, which he says will help young people obtain the special training needed to take advantage of the expanding job market, particularly in technology subjects.  This programme, which is meant to be a transition from the 32-week job training program, will pay students to attend school and graduate with a degree.

“So, no matter what is going on or how things may appear, I choose to be optimistic about the future of Grand Bahama,” said Minister Thompson. “So I encourage you new Bahamahost graduates to join in this optimism, even as you celebrate the completion of this program.

“I want to commend you for your dedication and hard work that has brought you to this point – the graduation. It is an important milestone for you tonight. You have completed the training program and are now equipped with a unique skill set to approach the workforce and to help you ultimately succeed.

 

“Remember, successful people are optimistic people. They are not complainers. They are too busy solving the problem the rest of us are complaining about. So I challenge you to be more focused on finding a solution, than you are on a problem. When you are challenged, do not get bitter, get better.  Nothing worth having ever comes easy; if it came easy, everyone would have it and everyone would do it.

“I congratulate you for being a part of the solution. I particularly congratulate those who already are and who will become entrepreneurs. We must support you, as your success will drive our economy.”

 

By: Andrew Coakley (BIS)

Photo Caption: Minister of State for Grand Bahama, Senator Kwasi Thompson says that in spite of the announcement of a hike in Value Added Tax, he is optimistic about the future of Grand Bahama and sees many great things on the horizon for the island.

 

 

Continue Reading

Bahamas News

Nassau Cruise Port Donates Nearly $2 Million Towards Food Security

Published

on

Nassau, Bahamas: The Nassau Cruise Port has donated $1.95 million towards
projects that will assist the Ministry of Agriculture and Marine Resources in its aim
to increase food security for The Bahamas.

The donation officially occurred at the Ministry’s offices recently, where Minister
of Agriculture and Marine Resources Hon. Jomo Campbell, Minister of Labour
Hon. Pia Glover-Rolle, Permanent Secretary Neil Campbell and Nassau Cruise
Port CEO Mike Maura listened to a number of presentations including one for a
poultry programme for schools, a chicken broiler production programme, the
redevelopment of the Blue Hill Road Farmers Market and an Authentic
Bahamian Cultural Concept Store,

Mr. Maura said he was impressed by the presentations.

“I had the privilege to listen the presentations and review presentations that
touched on food security and the need for us to be self-sufficient, which as a
Bahamian I support completely. At the Nassau Cruise Port, we get excited
about the prospects of offering more authentic food to the millions of visitors
that we have each year,” he said.

“And then, in addition to that, we had presentations around the further
development of our artisans, which is so important to us as well. The guests
visiting our shores are looking for something that really touches The Bahamas
and can’t be found somewhere else. The Nassau Cruise Port has made a pledge to BAIC and its affiliates. We will be supporting the projects that were presented and we can’t wait to get started.”

Minister Glover-Rolle, who is also the Member of Parliament for Golden Gates,
hailed Nassau Cruise Port as a “great community partner.”

“Thank you for the opportunity to not only present but agreeing to participate.
Our Minister of Agriculture has a goal of reducing food imports by 25 percent by
the year 2025 and our project in the Golden Gates Community speaks to that,”
she said.

“We have a number of backyard farmers, farmers and fishers in our community
in Golden Gates. Being able to use the Blue Hill Road Farmers Market, which is
going to be dubbed the ‘Fish Fry of the South,’ as a hub for food security but
also a hub where artisans and handicraft persons can come and sell their wares
is wonderful. So, we are happy that you have agreed to partner with us and we
look forward to a partnership and we hope to welcome some of your visitors
when this amazing renovation is done.”

Minister Campbell also lauded the Nassau Cruise Port for its efforts.

“I would like to say thank you to the presenters for the presentations that are
several steps in the right direction for our country, to Mr. Maura and his board at
the Nassau Cruise Port and I would like to say thanks to God for this partnership
and bringing us all together as we move forward, upward, together in building a
better, brighter, future for The Bahamas,” he said.

Continue Reading

Bahamas News

Career Symposium 2024 Connects University Students with Successful Professionals

Published

on

Nassau, THE BAHAMAS — Some of the most successful and accomplished professionals and business leaders in the country recently shared their experiences and nuggets of wisdom with students at University of The Bahamas (UB) about thriving in a wide range of careers.

The University Centre for Counselling and Career Services and the Career and Job Placement Advisory Unit collaborated to host the 2024 Career Symposium which brought students face to face with leaders in the careers to which they aspire.

Vice President of Academic Affairs, Dr. Maria Oriakhi, said the symposium was key to developing potential as university students strive to leave their mark on the world.

Ms. Rickell Curry

“In the spirit of collaboration and growth, let us engage in meaningful dialogue, cultivate relationships, and harness the power of collective wisdom to shape our futures,” said Dr. Oriakhi. “Together, let us embark on this journey of exploration and discovery, united in our commitment to realizing our fullest potential and making meaningful contributions to our communities and beyond.”

Promoting careers in psychology, Ms. Curry noted that psychologists are equipped with the ability to help others, troubleshoot areas of weakness within themselves, and become better people and professionals in the process.

“The floor is yours to be able to explore. There’s no job where you don’t have to deal with people, so learning, even if you get a bachelor’s in psychology, is a great grounding,” she said.

Dr. Darville, one of few interventional radiologists in The Bahamas, offered another nugget of advice on choosing an area of study.

Dr. Elizabeth Darville

“It is important to know enough about yourself in order to make the decisions you want to make,” said Dr. Darville. “You have to work on yourself first and know what you want to do. Radiology gives you a chance to have fun. It gives you a chance to mold your career closer to your personal life than other medical specialties might.”

Another growing field is project management which Mr. Hepburn called a life skill. He also urged a commitment to lifelong learning.

“Individuals that continue to learn become unstoppable, period,” said Mr. Hepburn. “It is so true. When you learn, you become unstoppable because nothing can stop you in your process of development.

Mr. Wellington Hepburn

“The more you know, the more valuable you are. We need individuals who are cross functional—that can operate in different capacities. So please understand that your learning should never stop.”

With small and medium-sized businesses helping to drive the economy at an incredible rate, Ms. Rolle affirmed the importance of entrepreneurship in any economy.

“When we talk about entrepreneurship, we usually look at it from a myopic standpoint,” she said. Ms. Rolle. “What do I mean by that? Small, but usually about self: ‘how do I make more money?’ And in some cases, some look at entrepreneurship as a way of survival. ‘I need to make a couple extra dollars, I have this bill to pay’. Those types of things.

Ms. Samantha Rolle

“But entrepreneurship really, in its truest form, is about innovation, whether it’s a new concept or any existing concept that you innovate new ways, or help expand the economy.”

The career symposium was held at the Harry C. Moore Library and Information Centre and is held every academic year.

 

PHOTO CAPTIONS

 

  • Career Symposium 1: UB Vice President of Academic Affairs, Dr. Maria Oriakhi, delivers the opening address at the 2024 Career Symposium.
  • Career Symposium 2: Students and guest speakers enjoy a lighthearted moment during the 2024 Career Symposium.
  • Career Symposium 3: Ms. Rickell Curry speaks to students during the 2024 Career Symposium.
  • Career Symposium 4: Dr. Elizabeth Darville delivers remarks during the 2024 Career Symposium.
  • Career Symposium 5: Mr. Wellington Hepburn educates students on the importance of project management during the 2024 Career Symposium.
  • Career Symposium 6: Ms. Samantha Rolle talks about the role and importance of entrepreneurs and entrepreneurship in any economy.

 

Office of University Relations

University of The Bahamas

2nd Floor, Michael H. Eldon Complex

Oakes Field Campus

P.O. Box N-4912

Nassau, The Bahamas

Tel: (242) 302-4355/4354/4365

Continue Reading

Bahamas News

$36 Million Dollar Upgrade for World Athletics Relays in Nassau, Bahamas

Published

on

Rashaed Esson

Staff Writer 

 

#TheBahamas, April 15, 2024 – After years of thorough maintenance, The Thomas A Robinson National Stadium in The Bahamas is finally getting a multi-million dollar makeover, readying the 10-year old facility ahead of the World Athletics Relays on May  5, 2024; it is being staged in Nassau for the fourth time.

This $36 million refurbishment is being funded by the Chinese Government, as part of a vision to enhance the country’s sport infrastructure to benefit youths in athletics. The stadium was gifted to The Bahamas in 2012 by the Chinese.

The relay is the qualifying event for the 2024 Summer Olympic Games and there will be 32 national teams, in each relay event, and 20 races on both days of competition, according to World Athletics.

Day 1, will have 20 heats across the five Olympic-calibre events (4 heats each for 4×100, 4×400, men, women and mixed) and will qualify 40 teams for the Summer Olympics.

Distinctly, the top two teams from each heat will directly qualify for the 2024 Games.

On day 2, 30 more national teams will be qualified through 15 heats and five finals, across those five events.

The upgrades which include new trusses, rooftops, seats, the lawn, score boards, LED displays and more, are expected to be complete at least two weeks before the relays, being held under the theme: ‘Chase the  Sun’.

In a special ceremony on Monday April 8, The Bahamas Prime Minister, Philip Davis said:

In December 2023, our shared vision took shape, as the government of the Commonwealth of The Bahamas, and the government of the People’s Republic of China, inked an implementation agreement for the renovation of the stadium. This gesture of goodwill and friendship, from the Chinese government to undertake the China Aid Maintenance and Renovation project of our national stadium, stands as a testament to the strong bonds that unite our countries. This project, executed by China Urban Construction Research Institute Company Limited, and the China Machinery Industry Construction Group Company Limited, reflects our shared commitment to excellence, innovation and mutual development.”

Additionally, H.E Dai Qingli, outgoing Chinese Ambassador to The Bahamas who also attended that ceremony, spoke.

“At the end of the project, the Bahamian people will get a fully renewed and modern world class stadium because everything is going to be either renewed or repaired,” she said.

Some 1,600 athletes will be in The Bahamas for the World Athletics relays, with five events.  The Bahamas won the bid over Lausanne, Rome in 2022.

Mario Bowleg,  Minister of Youth, Sports and Culture in reports, thanked China for their contribution to the redevelopment of the stadium.

“We thank them for their commitment to ensuring that they bring this facility back up to A1 standard so that we can continue holding international events and using these facilities as a development of our young people.”

Continue Reading

FIND US ON FACEBOOK

TRENDING