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BAHAMAS: Homeowners hear of provisions under the Economic Empowerment Zones Bill

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#Nassau, August 21, 2018 – Bahamas – Facilitators of The Over-the-Hill Community Development Partnership Initiative conducted yet another workshop on provisions under the Economic Empowerment Zones Bill, at Salem Union Baptist Church on Taylor Street.  Held on Tuesday, August 14, 2018 the workshop was geared towards homeowners and renters.  This came on the heels of the first workshop held Thursday, August 9, for businesspersons.

Samita Ferguson, Executive Manager, Over-the-Hill Unit in the Office of The Prime Minister, noted they were happy to engage once again representatives from various agencies who were able to speak on matters pertaining to the process of home renovation that could benefit homeowners/renters.  Components of the Economic Empowerment Zones Bill are designed to encourage residential and commercial property development and investment in these zones through various tax incentives.

Representatives of agencies who provided pertinent information were from Inland Revenue, Ministry of Finance, Ministry of Works, and the National Insurance Board.  Residents of Bain and Grants Town, Centreville and vicinity were advised on the supporting documents required for application submission, as well as the eligibility requirements for concessions.

In addition, Chrystal Glinton, Deputy Permanent Secretary at National Emergency Management Agency (NEMA) gave a presentation on comprehensive disaster management and the overall functions of NEMA.  She informed the attendees of the necessary steps and plans in securing their properties – homes and businesses.  Ms. Glinton also participated in presentation of hurricane kits to residents donated by Fidelity Bank.

At the end of the session, individuals were able to connect one-on-one with representatives from the various agencies for personal advice.

The Over-the-Hill Community Development Partnership Initiative calls for the creation of economic empowerment zones aimed at granting tax concessions to hom.e and business owners in poverty-stricken areas.

Prime Minister, Dr. the Hon. Hubert Minnis said under this initiative, his government wants to decrease the income gap and improve quality of life.  Among the first transformations to take place will be re-development of Over-the-Hill landmarks — McPherson Park, Father Marshall Cooper Park, and the historic Southern Recreation Grounds.

Ketra Todd of the Economic Development & Planning Unit of the Office of the Prime Minister presented provisions under the Bill, which was passed in the House of Assembly and the Senate on July 26 and August 9, 2018, respectively.

The Over-the-Hill Community Development Partnership Initiative is built around six key pillars:

  • Social Empowerment and the Preservation of Bahamian Heritage;
  • Rejuvenation;
  • Smart Technology;
  • Green Technology;
  • Youth and Elderly Empowerment; and
  • Economic Empowerment.

The Initiative is led by the Office of the Prime Minister, through the Over-the-Hill Unit.

More workshops outlining the initiative and provisions under the Economic Empowerment Zones Bill will be held to further enlighten residents in the respective zoned-areas.

 

By Lindsay Thompson

Release: BIS

 

Photo Captions:

Header: Ketra Todd, of the Economic Development & Planning Unit in the Office of the Prime Minister presents provisions under the Economic Empowerment Zones Bill 2018, during a workshop at Salem Union Baptist Church, Taylor Street, on Tuesday, August 14, 2018.

Insert: Residents attending a workshop on tax concessions under the Economic Empowerment Zones Bill at Salem Union Baptist Church, Taylor Street, on Tuesday, August 14, 2018.  The measure is a component of The Over-the-Hill Community Development Partnership Initiative, led by the Over-the-Hill Unit, in the Office of the Prime Minister.

(BIS Photo/Kristaan Ingraham)

 

 

 

 

 

 

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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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Bahamas News

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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