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Tech Summit adds over half million dollars to Grand Bahama’s economy

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#Freeport, GB, November 17, 2018 – Bahamas – According to Minister of State for Grand Bahama, Senator Kwasi Thompson, it has been estimated that the 2nd Grand Bahama Technology Summit has added over a half million dollars to the Grand Bahamian economy.

During his opening remarks at the 2nd Grand Bahama Technology Summit on Wednesday, November 14, 2018, at the Grand Lucayan, Minister Thompson noted that the Summit has exceeded expectations, resulting in the Office of the Prime Minister having to close online registration due to spaces filling up quickly.

“For this we are truly thankful,” said Minister Thompson. “Our journey has just begun and we look forward to new initiatives in the coming months.

“As we embark upon these three days (at the Summit) and we chart the way forward I encourage us to move forward with the mindset of ‘go big, or go home’. In Grand Bahama we can’t afford to think small or be small-minded. I believe, way down in my spirit that big things are about to happen but only if we are prepared to think big, believe big and Go big!”

Adding that it levels the playing field, and brings the world’s leading companies to an Island that some said would never recover. Information Technology is a part of business, it is a business and it attracts business.

The Minister of State for Grand Bahama said that the Government is concentrating on the revitalization of Grand Bahama’s economy by giving renewed energy to restoring well-known industries and expanding those newly budding.

“Though we have not yet fully achieved it, make no mistake about it, full restoration is in our grasp,” said Minister Thompson.

“Last year’s Summit led to the formation of the Technology Hub Steering Committee tasked to produce a strategic plan for Grand Bahama. This committee is comprised of various stakeholders with an aim to create a framework for addressing legislative changes, private public partnership, and policy reform. Efforts to engage in the promotion of Grand Bahama as a technology hub for our region also began. This was evident through our direct involvement in international trade missions designed to promote The Bahamas, and Grand Bahama.”

Minister Thompson pointed out that one year later, since the launch of the first GB Tech Summit, Grand Bahama has new partners, new businesses, new jobs and new programs.

He said companies like GIBC Digital, which established an office in Grand Bahama only a few months ago, has invested significantly in Grand Bahama, but more importantly in Grand Bahamians. They have trained and hired 30 Bahamians as well as they continue to be good corporate citizens.

Also, the Minister highlighted Itelbpo, a tech call center, which has been in Grand Bahama since 2013, but which recently announced its expansion and hiring of 100 additional Bahamians, 25 of whom have already been hired.

“We also welcome the principals of international tech companies like Dev Digital and Skyward Techno who have recently applied to the Government to set up offices in Grand Bahama, proving that Grand Bahama remains attractive to international tech companies,” added Minister Thompson.“We welcome all international companies and will shamelessly be courting you for the next three days to come to Grand Bahama.

“We cannot forget, that this Summit is all about highlighting Grand Bahama as a place to live, play, work and Invest. We have brought the world to Grand Bahama to give them a taste of who we are and what we can offer. We are open for business and we want your business.”

Minister Thompson noted that this year’s Summit was bigger and better, not just in terms of numbers of attendees and participants, but in terms of its focus. With education the main focus of this year’s Tech Summit, Minister Thompson welcomed to the Bahamas international learning partners like Cisco Systems and CompTIA (https://www.comptia.org/), who have training modules with Certificates on Corporate Digital Transformation, Cyber Security, Networking and Programming.

He also made special mention of companies like Red Hat, Oracle, Dell, Palo Alto, Veeam, IDB and Cheryl Bayer, all of whom will conduct smaller learning sessions on topics like Next Generation Firewall, Tools to Fund technology and Innovation Projects, Preventing Advance attacks, Cyber Crime, and Solving everyday problems using Technology.

“We also welcome high level Government contributors particularly our Prime Minister who has been the driving force in our digital transformation and the Minister for Education, who has made significant progress in developing our human capacity,” said Minister Thompson.

“We welcome other senior government officials particularly Permanent Secretary in the Office of the Prime Minister Elise Delancy, who is responsible for Modernization, Digitization and E-Government, whom I am privileged to work with. This initiative has the potential to change the Bahamas Government as we know it.

“This Summit has also attracted important Regulators like Christina Rolle of the Securities Commission, who will lead discussions on Crypto Currency Regulation for the Bahamas, a topic which has attracted an enormous amount of attention nationally and internationally.

“This presentation will be highly anticipated given the success of our first Blockchain and Crypto currency conference and the recent release of the draft framework by the Bahamas Central Bank.”

Minister Thompson announced that the government will be partnering with the YMCA and BTVI teaching Coding to 100 young Grand Bahamians in a new youth ICT program.

They are also in the final stages of an App Development program, which will train and fund participants in App development.

 

By Andrew Coakley

Release: BIS

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Caribbean Bottling Supports the 27th Basketball Smiles Week  

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NASSAU, Bahamas — Caribbean Bottling Company (CBC), local producers of Coca-Cola and Dasani products, is proud to once again support Basketball Smiles for their 27th year.

Upholding its corporate pillar of community outreach, CBC proudly donated $2,000, over 75 cases of Dasani, Powerade and Sprite, reusable Powerade water bottles and numerous marketing materials.

The annual sporting summer camp offers free basketball and life skills training to Junior and High School students.

Basketball Smiles’ mission of developing leadership qualities while fostering children’s academic achievement and self-esteem aligns perfectly with CBC’s commitment to supporting and empowering youth.

Jazmin Darling, Assistant Marketing Manager for Caribbean Bottling Company shared why the company continues to support this program each year.

“At CBC, we believe investing in our youth is one of the greatest ways to strengthen our communities. We’re proud to support Basketball Smiles each year because it goes beyond the game. This program champions healthy lifestyles, positive values and brighter futures. It’s a privilege to play a role in helping these young athletes reach their full potential each year,” she shared.

Sam Nicholls, Basketball Smiles Camp President and Founder expressed.

“Caribbean Bottling Company is an incredible partner. We are truly grateful for their generous support, which will go a long way in making a positive impact on the lives of our campers,” Nicholls expressed.

CBC is always ready to lend its support toward initiatives and programs that uplift young Bahamians. The impact Basketball Smiles makes on the community is undeniable and is why CBC remains a historic sponsor.

For more information on sponsorship, events and new products, visit www.cbcbahamas.com today.

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CWS Supports Transforming Spaces with Premium Products and Unique Cocktails

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CWS brand representative for Bottega and Excellsior wines posing with attendees enjoying glasses of Bottega Gold Prosecco at the National Art Gallery of The Bahamas.

NASSAU, Bahamas — Caribbean Wines and Spirits (CWS), The Bahamas’ premier wine and spirits distributor is thrilled to once again lend its support to Transforming Spaces (TS).

CWS is a proud historical partner of the annual art week which highlights Bahamian art and art spaces. Under this year’s theme, “Chasing Light” Transforming Spaces and Caribbean Wines & Spirits created a memorable art experience.

To mark 21 years of the upliftment and exposure of culture and Bahamian art, CWS offered award winning wines St. Francis, Rebellious, Bottega and Excellsior; premium spirits, Cross Keys Gin, El Tequileno Tequila, Angostura Rum and Nemiroff Vodka, along with the newly added Coors Light Beer from its portfolio.

To kickstart the annual art week, CWS delighted attendees with a tasting of globally renowned Bottega Wines at TS’ Poetry Jam, held at ICE Bahamas. Throughout the event, Bottega brand representatives shared tasting notes, ideal pairings, and insights into the brand’s portfolio.

During the highly anticipated Saturday and Sunday tours, CWS showcased its premium products at select art galleries.

Attendees enjoyed Rebellious and St. Francis wines at The Current: Baha Mar Art Gallery and Museum, Bottega and Excellsior wines at the National Art Gallery of The Bahamas, Coors Light beer at the University of The Bahamas Pro Gallery and hand-crafted Schweppes mixes featuring Cross Keys Gin, El Tequileno Tequila, Angostura Rum and Nemiroff Vodka at CAB Gallery & Studio.

Throughout the two-day tour, CWS product specialists enriched the experience by providing a deeper appreciation for their exceptional beverage portfolio.

Members of the Transforming Spaces Committee expressed their appreciation towards CWS’ support after another successful art week.

“Transforming Spaces is deeply grateful for the continued support of Caribbean Wines & Spirits over the years. Their partnership has become such an important part of the TS experience, helping us create welcoming and vibrant moments for our audiences across the tour weekend. From signature wines and cocktail bars to refreshments at gallery stops and pop-up events, their contribution brings an added sense of hospitality, celebration, and connection to the journey through Bahamian contemporary art.” — TS2026 Committee.

Caribbean Wines & Spirits is proud to partner with Transforming Spaces in supporting and elevating the voices and works of Bahamian artists and looks forward to strengthening this partnership for years to come.

To learn more about CWS’ involvement in the community, follow on social media @caribbeanwinesandspirits or visit the website at www.cwsbahamas.com today.

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Caught in the Net, Not Accused of Wrongdoing

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What the Attorney General must do now to protect Bahamian exports

Deandrea Hamilton | Editor

NASSAU, Bahamas — The United States’ decision to impose a 12.5 percent tariff on Bahamian exports is about more than higher costs for seafood, rum and other goods entering the American market. It is a warning that The Bahamas must move quickly to strengthen or clarify its legal framework governing forced labour and supply-chain enforcement.

The tariff, which takes effect July 24, is part of a sweeping U.S. trade action affecting 60 economies following a review by the Office of the U.S. Trade Representative (USTR). The review concluded that the listed countries have not adequately prohibited or enforced measures against goods linked to forced labour in global supply chains.

The action follows a recent U.S. Supreme Court ruling that invalidated an earlier series of Trump-era tariffs imposed under emergency powers. In response, the Trump administration shifted to a different legal authority—Section 301 of the Trade Act of 1974—using findings from a U.S. Trade Representative investigation into forced-labour compliance to support a new round of tariffs affecting 60 economies, including The Bahamas.

Importantly, the action does not accuse Bahamian businesses of using forced labour. Instead, it reflects the U.S. view that The Bahamas’ legal or enforcement framework does not yet meet the standard Washington expects.

That distinction matters.

The Attorney General’s Office now has the responsibility to lead the country’s legal response. That begins with determining precisely what concerns the U.S. Trade Representative identified, reviewing whether Bahamian law adequately addresses those concerns and, where necessary, recommending legislative or regulatory changes. If deficiencies exist, legal amendments and stronger enforcement could help position The Bahamas for removal from the tariff list.

The government may also seek formal discussions with U.S. officials while those reforms are undertaken, outlining a clear timetable for compliance and demonstrating that the country is committed to meeting international labour standards.

A Nassau Guardian front-page report on July 24 drew attention to the tariff action, prompting broader questions about why The Bahamas was included among the 60 economies affected by the U.S. trade measure and what steps are now needed to restore full confidence in the country’s trade framework.

For many Bahamians, the immediate concern will be the fisheries sector, one of the country’s largest export industries. Commercial shipments of lobster, conch, fish, crawfish and other products entering the United States could become more expensive because of the additional tariff, potentially affecting exporters’ competitiveness.

The broader lesson is that international trade increasingly depends not only on quality products, but also on strong business relationships and confidence in the legal systems that govern them.

For The Bahamas, this is less a finding of wrongdoing than a reminder that international credibility is earned through modern laws, effective enforcement and trusted partnerships. The challenge now is for the Attorney General’s Office to lead a swift legal review, identify any deficiencies and chart a clear path toward compliance so Bahamian exporters are not burdened any longer than necessary.

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