Connect with us

Bahamas News

Elnet Maritime Breaks Ground for New Center in Grand Bahama

Published

on

#Freeport, GB, August 29, 2018 – Bahamas – Minister of State in the Office of the Prime Minister, Senator Kwasi Thompson, said both foreign and local investors continue to display confidence in the Grand Bahamian economy by starting new businesses or expanding existing ones.

Minister Thompson, who was the keynote speaker at the groundbreaking ceremony for Elnet Maritime Center on Monday, August 27, 2018, noted that CEO of Elnet Maritime Ltd., Elbert Hepburn is a real example of what the spirit of Grand Bahama represents.

“The government has seen restored investor interest among foreign investors, as well as among Bahamians, right here in Grand Bahama,” added Minister Thompson.  “In fact, over the past year or so, there have been a number of new businesses started in Grand Bahama, as well as expansion of existing businesses.

“If there is anyone who says that Grand Bahama is dead, I tell them to open their eyes and they will see,” added Minister Thompson.  “I am in no way suggesting that business is booming.  I am in no way saying that we are doing all that we can and should do, but what I am saying is that there are Bahamians and other investors who are pushing their way through in Grand Bahama and they ought to be commended for contributing to the kind of economy that we would like to see.”

He noted that by virtue of Grand Bahama’s deep waters, its climate and proximity to the United States and its open geographical path to the rest of the world, Grand Bahama has proven perfect for the maritime industry.   “While we also seek to expand other industries such as tourism, technology and others, we want to continue to capitalize on maritime and ensure that Grand Bahama maintains its status as a major maritime and industrial hub in the region,” he said.

During the construction phase of Elnet’s new Maritime Center, Elnet intends to engage some 125 people through self-contractors.  Post construction, there will be opportunities for 80 to 100 new jobs in Grand Bahama.

Minister Thompson said he was excited to see Bahamian-owned businesses investing further into the local economy.  Minister Thompson said Elnet Maritime, which has been around for over 10 years, is a testament to what Bahamians can achieve through hard work, faith, innovation and dedication, and that innovation and entrepreneurship are key to Grand Bahama’s economy.

Since taking office, Minister Thompson pointed out that the government has committed to creating an environment that is conducive to the creation and growth of small businesses by way of providing funding, training programs and mentorship from other professions.

“The government has allocated 25 million dollars over the next few years – five million dollars this year.  I’m sure that a great portion of that five million dollars, when it comes to small businesses development, will be spent right here in Grand Bahama.”

Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest also congratulated the CEO of Elnet, and the principals on the success of the business over the past 10 years.

“We know, based upon the history of this company and based upon your vision for Elnet, that this new endeavor will be very successful, and will continue to contribute to this island in a significant way,” said Minister Turnquest.   “This expansion, I believe, demonstrates to Grand Bahama and to The Bahamas that there is life here in Grand Bahama.  As a government we have intense discussions at least once a week about the future of Grand Bahama and what should be our response as a government and what initiative we should take to help develop this island.”

The Deputy Prime Minister noted that the step by the government to purchase the Grand Lucayan Resort was one of those initiatives or steps the government has taken to help develop the island’s economy, and that it was a demonstration of the government’s commitment to the economy of Grand Bahama and ensuring opportunities for the people of Grand Bahama and throughout The Bahamas.

“The story of Grand Bahama is in the success of entrepreneurship,” said Minister Turnquest.  “Bahamians, like Mr. Hepburn and others who have made the decision to invest in their own country.  Every day we fight to ensure that Grand Bahama gets the resources and attention that it needs.  But, in order for the government to be successful, we need the private sector to step up and take its rightful place.

“Through the small business development center that we are developing here, through the Bahamas Development Bank, through BAIC and all of the other entrepreneurial initiatives that we have, as well as the commitment of the government to put its money where its mouth is, there is opportunity, capital and even training for genuine, well-thought out businesses.”

By Andrew Coakley

Release: BIS

PHOTO CAPTIONS

BIS Photos/Andrew Miller

DPM BRINGS REMARKS – Deputy Prime Minister, the Hon. K. Peter Turnquest was among those bringing remarks during groundbreaking ceremony for Elnet Maritime Center on Monday, August 27, 2018.

SHOWING CONFIDENCE – Minister of State for Grand Bahama, Senator Kwasi Thompson, said expansion of Elnet Maritime is evidence of the confidence Bahamian investors have in the Grand Bahamian economy.

BREAKING GROUND – Deputy Prime Minister, K. Peter Turnquest and Minister of State for Grand Bahama, Senator Kwasi Thompson (second and third from right), were among those preparing to till the soil as a part of groundbreaking ceremonies for the new Elnet Maritime Center, located on Queen’s Highway, Freeport, Grand Bahama.  CEO of Elnet, Elbert Hepburn is center (fifth from left).

 

Continue Reading

Bahamas News

Walker Confirmed as U.S. Ambassador to The Bahamas: A Partner in America’s Extended Family

Published

on

By Deandrea Hamilton | Magnetic Media

 

The United States and The Bahamas share more than proximity — they share a bond of history, trade, and culture that Washington’s newest diplomat calls “part of America’s extended community.”

Now, for the first time in 14 years, the U.S. Embassy in Nassau will again be led by a Senate-confirmed ambassador. Herschel Walker, the Heisman-winning football legend turned entrepreneur, has been confirmed by the U.S. Senate as America’s official envoy to The Bahamas.

Walker, who will oversee one of the Caribbean’s most strategically positioned U.S. missions, told senators during his confirmation hearing that The Bahamas will play a key role in upcoming U.S. 250th Independence celebrations. “The Bahamian people,” he said, “will be included in this milestone year, because our stories are intertwined — through family, trade, and friendship.”

While his nomination was unconventional, his priorities are anything but vague. Walker vowed to counter growing Chinese influence in the Caribbean, calling Beijing’s investments in Bahamian deep-water ports “a direct threat to U.S. national security.” He pledged to work closely with Bahamian authorities to ensure American interests remain the region’s cornerstone.

“There’s a rise in drug smuggling in The Bahamas, and this is a real danger to the United States,” Walker said, referring to the Operation Bahamas, Turks and Caicos (OPBAT) partnership. He promised to strengthen intelligence sharing, joint patrols, and law enforcement coordination to disrupt trafficking routes that have grown increasingly sophisticated.

But Walker also emphasized opportunity over fear — signaling that his ambassadorship will not only focus on security, but on strengthening The Bahamas as a gateway for U.S. investment, trade, and tourism.

“I will advise the American business community of the vast investment opportunities that exist in The Bahamas,” he said. “And I will make sure the Bahamian government maintains an environment where U.S. companies can invest confidently — because America must prove it is still great as an investor.”

For a small island nation sitting less than 50 miles off the coast of Florida, this renewed diplomatic attention carries weight. Since 2011, the post of U.S. ambassador had remained vacant — a gap that many observers say weakened direct ties, delayed joint security initiatives, and allowed other powers to move in.

Walker’s confirmation — approved 51 to 47 — ends that silence. And with it comes the expectation that this former Olympian and business owner will translate his discipline, charisma, and resilience into diplomatic results.

Critics question his lack of foreign policy experience, but Walker counters with confidence: “Throughout my life, people have underestimated me. I’ve always proved them wrong — by outworking everyone.”

As he prepares to take up residence in Nassau, Walker says his mission is simple: rebuild trust, deepen cooperation, and remind both nations that their futures are tied not just by geography — but by shared purpose, mutual respect, and the enduring ties of community.

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

 

Continue Reading

Bahamas News

PAY STANDOFF: Prime Minister Cancels Talks as Unions Warn of More Protests

Published

on

By Deandrea Hamilton | Magnetic Media

Monday, October 13, 2025 — Nassau, The Bahamas – What began as a calm holiday meeting has spiraled into a full-blown standoff between The Bahamas Government and two of the country’s most powerful public sector unions — the Bahamas Union of Teachers (BUT) and the Bahamas Public Services Union (BPSU) — after the Prime Minister abruptly cancelled follow-up talks set for Tuesday, blaming public comments made by union leaders.

The announcement of the cancelled meeting came late Monday, just hours after a tense sit-down at the Office of the Prime Minister, held on National Heroes Day, where both BUT President Belinda Wilson and BPSU President Kimsley Ferguson accused the government of dragging its feet on salary increases and retroactive pay owed to thousands of public officers.

Wilson, never one to mince words, said the Prime Minister’s “technical officers” — the very people responsible for executing his instructions — were failing to carry out his directives regarding payment timelines.

“The Prime Minister’s issue,” Wilson said, “is that he has persons working for him who are not following his instructions. If those officers would follow through on what he told them to do, we wouldn’t be here today.”

Wilson added that the BUT and other unions are demanding retroactive pay dating back to September 2024, and that all increases be applied and paid by the October payday, not December as previously stated by the Prime Minister.

“Senior civil servants already received their retroactive pay — thousands of dollars — backdated to September of last year,” Wilson charged. “We’re saying the small man deserves the same. This isn’t a gift. It’s money already earned.”

Her comments came after the government publicly insisted that the salary adjustments would be implemented by December 2025, just ahead of Christmas — a timeline unions flatly reject as too slow.

Ferguson: ‘No More Excuses’

Following Wilson, BPSU President Kimsley Ferguson delivered a fiery statement of his own, telling reporters the unions would no longer tolerate delays or mixed messages from the Davis administration.

“The Prime Minister was receptive — but we’re not accepting excuses,” Ferguson said. “If the Prime Minister’s having a memory lapse, we have the Hansard from Parliament to remind him exactly what he promised public officers.”

Ferguson went further, warning that if Tuesday’s meeting failed to produce results, unions would “visit the House of Assembly” and intensify their campaign for immediate payment.

“Public servants, ready yourselves,” he declared. “We are prepared to stand together — all across The Bahamas — until our needs are met.”

Now, with the Prime Minister cancelling tomorrow’s talks altogether, that threat appears closer to becoming reality.

Government Bungles Response

Observers say the administration’s handling of the matter has been confused and contradictory, with conflicting statements on payment timelines and poor communication fueling frustration among teachers, nurses, and general public officers.

The government has maintained that the funds are allocated and will be disbursed before year’s end, but unionists insist they’ve heard it all before — and this time they want results, not promises.

The Prime Minister’s decision to cancel the meeting, rather than clarify or de-escalate tensions, has drawn sharp criticism across social media and among rank-and-file civil servants who see the move as punitive and dismissive.

Slowdown and the Threat of Another Mass Protest

Across several ministries, departments, and schools, reports are already surfacing of a go-slow in the public service, as workers express solidarity with the unions’ demands.

Many believe another mass demonstration is imminent, similar to the one staged last week Tuesday when thousands of workers gathered outside the House of Assembly on Bay Street as Parliament reopened after summer recess.

That protest brought parts of downtown Nassau to a standstill as union members sang, marched, and even sat in the street — a powerful show of defiance that now threatens to repeat itself unless the government moves quickly to resolve the impasse.

A Political Flashpoint

What began as a straightforward salary dispute has now evolved into a test of credibility and competence for the Davis administration. With a restless public sector, rising inflation, and unions unified across professions, the government risks not only another protest — but a full-blown industrial crisis heading into the year’s end.

For now, the unions are standing firm: they want retroactive pay from September 2024 and full salary adjustments by this October. Anything less, they warn, could push the country’s workforce from a slowdown into open confrontation.

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

Continue Reading

Bahamas News

Nassau Cruise Port Marks Sixth Anniversary with Exciting New Additions for Visitors and The community

Published

on

[Nassau, Bahamas, October 8, 2025] Nassau Cruise Port (NCP) proudly celebrates its sixth corporate anniversary by unveiling a series of transformative additions that further enhance the guest and community experience. The anniversary comes at a pivotal moment in the growth of the port, with the opening of a new swimming pool, an expanded marina, and a state-of-the-art ferry terminal that will support transfers to the Royal Beach Club, which is currently under construction on Paradise Island.

Since its $300 million redevelopment, Nassau Cruise Port – the largest transit cruise port in the world – has welcomed millions of visitors and become one of the most vibrant cruise destinations in the world. This anniversary not only reflects its commitment to delivering world-class facilities, but also its dedication to creating meaningful connections between visitors and the Bahamian community.

“This milestone represents much more than the passage of time,” said Mike Maura, Jr., CEO and Director of Nassau Cruise Port. “It reflects our promise to continually elevate the guest experience, contribute to the local economy, and provide opportunities for Bahamians. During our first year (2019) of operating the Nassau Cruise Port, Nassau welcomed approximately. 3.85 million cruise guests, and 2025 will see well over 6 million cruise visitors visit Nassau. Our focus on driving cruise tourism and the $350 million investment in our downtown waterfront is a testament to our vision of making Nassau a premier cruise and leisure destination.”

The new pool offers a refreshing retreat for visitors enjoying Nassau’s waterfront, while the expanded marina will accommodate additional yachts, boosting tourism and local commerce. The ferry terminal expansion enhances passenger flow and supports convenient, seamless transfers to the Royal Beach Club, strengthening Nassau’s position as a hub for Caribbean cruising and leisure.

As part of its anniversary celebrations, NCP will host a series of internal and external activities to celebrate its team and to highlight its ongoing investments in the Bahamian economy, including job creation, local vendor opportunities, and cultural showcases at the port.

Continue Reading

FIND US ON FACEBOOK

TRENDING