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BAHAMAS: Unique Coral Restoration Company to Construct Coral Farm Education and Research Centre

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#East End, GB, December 1, 2018 – Bahamas – Since signing onto the 20/20 Challenge (which commits a country to ensuring that 20 per cent of its marine environment is protected), through Marine Protected Areas, The Bahamas has already covered at least ten per cent of the country’s marine environment.

Minister of Agriculture and Marine Resources, Hon. Michael Pintard said, “It places us in a rare category of countries, who, despite economic challenges, we believe it is absolutely important to protect our environment, because at the end of the day development depends on what extent we, in a very responsible way, benefit present generations, while not compromising the future of future generations.”

Minister Pintard was the keynote speaker during ground breaking ceremonies for the construction of the world’s first land-based commercial Coral Farm Education and Research Centre, in East Grand Bahama on November 29, which is expected to be managed by Coral Vita, a company dedicated to growing corals to restore dying reefs.

Using breakthrough methods developed by advisors at the Mote Marine Lab and Hawaii Institute of Marine Biology, Coral Vita boasts of the ability to grow corals up to 50 times faster, while strengthening their resiliency to climate change threats.

The company’s commercial land-based farming model offers a viable solution for the large-scale reef restoration crucial to preserving coral reefs for future generations.

In welcoming the Principals of Coral Vita, Minister Pintard said the Government was honoured that they chose to carry out their project in The Bahamas, particularly in Grand Bahama.

“No doubt, you are adding to what is already a very powerful brand in The Bahamas, as a country that is on the cutting edge of conservation in marine and life sciences,” said Minister Pintard.

“You are indeed a part of an initiative by the government to ensure that we behave in a responsible manner, and we are a role model for other countries in the region.”

Minister Pintard also noted that The Bahamas just recently received the Marine Stewardship Council designation, which is significant for the country’s marine sector, as the Bahamas is one of the major exporters of lobsters.

The Minister said the government’s goal is to ensure that it does not lose this prestigious designation, because it demonstrates to the world, as well as multi-national companies who may purchase products from The Bahamas, that country will responsibly harvest marine products, ensure they are processed responsibly way and that at the end of the day, they can trust that The Bahamas is making sure that they are not depleting any species of its marine life.

Also bringing remarks during the ground breaking was Deputy Prime Minister the Hon. K. Peter Turnquest.

“The Prime Minister just recently returned from Washington, where he attended a high level meeting with the International Monetary Fund, World Bank and the Inter-American Development Bank, talking about climate resilience and how we can build infrastructure to protect our environment,” said DPM Turnquest.

“This project, to me, seems to be a natural option to that, along with the regeneration of the mangroves. These natural defences, while may seem outlandish or scientific from the outset, will provide us with natural defences and cost-effective defences to protect what we have in our country.”

With the Coral Vita project set to be constructed and operated out of East Grand Bahama, DPM Turnquest said that he hopes the project could cause some rejuvenation in the East End community in terms of educational, touristic and economic opportunities in the future.

“This is in line with the Government’s objective with respect to economic development – to diversify our economy and take advantage of the blue economy. This year, we have committed $500,000 towards further exploring opportunities in the blue economy and this project certainly fits within all of that.”

 

By: Andrew Coakley

Release: BIS

Photo Caption: Deputy Prime Minister, the Hon. K. Peter Turnquest (second from left) and Minister of Agriculture and Marine Resources, the Hon. Michael Pintard (left), joined Principals of Coral Vita in the official ground breaking ceremonies for the establishment of the world’s first land-based commercial coral farm, education and research centre, Thursday, November 29, 2018 in East Grand Bahama. (BIS Photo/Lisa Davis)

 

 

 

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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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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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