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Prime Minister reveals aggressive agenda for Grand Bahama’s economy

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#Nassau, January 30, 2019 – Bahamas – Prime Minister, the Most Hon. Dr. Hubert Minnis shared with the Bahamian people that he is pleased with the jobless rate in Grand Bahama, as that northern island is tapped to become the country’s technology hub.

In the first of a series of three National Addresses delivered to the nation on Monday, January 28, 2019 the Prime Minister focused on what his government is proposing to do to boost economic growth across the Bahamian archipelago.

“The leading priority of our administration is economic growth and expansion of jobs and opportunity,” the Prime Minister told the nation.  He said although his government is making considerable progress, there is still much work to do.

Referencing latest data from the Department of Statistics regarding employment growth, the Prime Minister said he is pleased that the jobless rate in Grand Bahama is down from 12.4 percent to 11.9 percent.  This is the first time since the Great Recession of 2008 employment rate is below 12 percent.

The number of discouraged workers also fell in Grand Bahama to a rate of 9.8 percent, according to latest data from the Department of Statistics.  “While this is very good news, the jobless rate in Grand Bahama is still way too high.  It must come down even more,” the Prime Minister said.

He then outlined plans for the revitalization of the economy of Grand Bahama.  “We have a comprehensive and aggressive agenda to boost growth and jobs in Grand Bahama including transforming the island into a technology hub,” he noted.

He also disclosed that his government is actively exploring the opportunity to establish a transshipment port in Mayaguana in the Southern Bahamas, which would make the port in Grand Bahama stronger.

“Grand Bahama is vital for the overall growth and economic expansion of The Bahamas,” the Prime Minister said, adding that while employment has gone down on that island there is still a long way to go.

“We are making progress on the Bahama Bay resort and residential development, the former Ginn Sur Mer,” he said.  “This development will include 173 condo-hotel units, a marina and the development of a smart city.”

The Prime Minister also pointed out that the government is on track to sell the Grand Lucayan resort, the temporary purchase of which was “absolutely necessary” for the economy of Grand Bahama.  “Thankfully, the economy of Grand Bahama is recovering through new tourism projects and our ambitious programme to establish the island as a technology hub,” he said.

Grand Bahama has attracted several high-tech and back office firms employing Grand Bahamians chiefly as a result of the Commercial Enterprise Act 2017, the Prime Minister said.

And, among the new and diverse businesses on Grand Bahama is the Carnival Cruise Lines Ocean Medallion Project.  The Ocean Medallion is a wearable device that enables a personal digital concierge for passengers, eliminating long check lines, cabin keys and credit cards.  Already, a team of eight Bahamians have undergone training to learn how to install the Ocean Medallion hardware and software on cruise ships, and they continue to monitor those systems, the Prime Minister noted.

Also on Grand Bahama is a tech firm GIBC Digital – a digital transformation facilitator that helps organizations automate their manual processes, reduce costs, errors, and prevent cyber security threats among other things.

Other companies approved under the Commercial Enterprise Act listed by the Prime Minister include:

  • Global United – a European-based medical call centre and administrative office;
  • GB Biopharma – a company engaged in biomedical services;
  • DevDigital Bahamas Limited – a Bahamian joint venture web development company;
  • Agriculture Enterprises Development Limited – a Bahamian joint venture farming company that will engage in a pilot fruit and nut farm, producing coconut, castor and palm oil for the local market and for export;
  • Bahamas Golden Harvest Limited – another Bahamian joint venture company which was approved to establish a chicken hatchery, produce eggs, chicken feed, cash crops and citrus on East End, Grand Bahama.

 

By Lindsay Thompson

Release: BIS

 

 

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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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What 45 Shell Casings and New Murder Charges May Mean for Three Officers in the Azario Major Case  

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By Deandrea Hamilton | Editor

NASSAU, Bahamas (July 16, 2026) — The allegation is as shocking as it is consequential. Prosecutors now contend Azario Major was struck by additional gunfire after he was already dead.  That conclusion has prompted the Director of Public Prosecutions to upgrade the case against three police officers from manslaughter to murder ahead of a judge-only trial.

According to court filings and the DPP’s review of the forensic evidence, prosecutors allege that additional rounds entered Major’s body after death, a finding they say fundamentally changed their assessment of the case and justified the more serious charge of murder.

Investigators recovered 45 spent shell casings at the scene of the Boxing Day 2021 fatal shooting of Azario Major, a striking piece of forensic evidence that has remained central to the case from its earliest days.

Major, 31, was fatally shot by police outside Woody’s Bar on Fire Trail Road on December 26, 2021. While police initially maintained the shooting was justified, the circumstances surrounding the incident were heavily scrutinized during a Coroner’s Court inquest, where jurors ultimately returned a verdict of homicide by manslaughter.

The officers later challenged that finding, but the Supreme Court upheld the Coroner’s Court ruling, paving the way for criminal proceedings. They were subsequently arraigned on manslaughter charges and pleaded not guilty.

The DPP’s decision to elevate the charges to murder significantly raises the legal stakes. Unlike manslaughter, which does not necessarily require proof of an intent to kill, a murder conviction requires prosecutors to establish the legal elements of the more serious offence beyond a reasonable doubt. The prosecution’s case is now expected to focus heavily on forensic evidence, ballistic analysis and the sequence of gunfire during the fatal encounter.

The case is also notable because it will proceed without a jury. Barring further delays, the trial is expected to open on September 14 before Justice Guillimina Archer-Minns in a judge-alone trial, where a single judge—not a jury—will decide the fate of the three accused officers.

The proceedings will determine not only whether the three officers are guilty or innocent of murder, but whether prosecutors’ extraordinary allegation—that Azario Major was struck by additional gunfire after he was already dead—can be proven in court.

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CARICOM Targets Affordability as Bahamas, TCI Continue to Feel the Pinch  

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By Deandrea Hamilton

 

Cheaper shipping. Lower energy costs. Better access to healthcare. Stronger consumer protections.

Those are among the measures CARICOM Heads of Government believe could finally begin reducing the stubbornly high cost of living for millions of people across the Caribbean.

Meeting in Saint Lucia, regional leaders agreed that making life more affordable must become one of the Community’s highest priorities. Their emerging strategy includes reducing freight costs through a regional ferry service, accelerating renewable energy projects to lessen dependence on imported fuel, expanding regional healthcare partnerships, strengthening consumer protection, and encouraging governments to adopt successful cost-of-living measures already being implemented across the Caribbean.

“Our discussions over the past four days were guided by one central objective – ensuring that CARICOM delivers results that people can see and feel in their everyday lives,” CARICOM Chairman and Saint Lucia Prime Minister Philip J. Pierre said.

Few places may welcome that relief more than The Bahamas and the Turks and Caicos Islands.

Although inflation has moderated in both countries from the sharp increases experienced following the pandemic, the cost of living remains stubbornly high. Families continue to complain about grocery bills that stretch household budgets, rising housing costs, expensive electricity, healthcare expenses and fuel prices that remain among the highest in the region.

Governments have responded.

In The Bahamas, successive reductions in Value Added Tax on selected goods and other targeted tax measures have sought to ease pressure on consumers. In the Turks and Caicos Islands, the Government this weekend opens applications for its $500 Cost of Living Relief Programme, acknowledging that many households continue to struggle despite the country’s economic success.

Yet affordability remains elusive.

The contradiction is difficult to ignore.

The Turks and Caicos Islands continues to post one of the region’s strongest tourism-driven economies, with robust investment, record visitor spending and sustained construction activity. The Bahamas has also strengthened its economic position, earning improved sovereign credit ratings as tourism, government revenues and fiscal performance continue to recover.

Yet those encouraging economic indicators have not translated into noticeably lower household expenses.

The reason is largely structural.

Both The Bahamas and the Turks and Caicos Islands produce relatively little of what they consume. Food, fuel, medicines, vehicles, building materials and countless household essentials are imported. Both countries also record significant trade deficits, illustrating their dependence on overseas suppliers. Every increase in global shipping costs, fuel prices or supply chain disruptions is eventually reflected in supermarket prices, utility bills and the cost of everyday living.

That is why CARICOM’s agenda matters.

If regional leaders succeed in lowering freight costs through an inter-island ferry network, expanding renewable energy, improving regional cargo movement, strengthening consumer protections and making healthcare more accessible through cooperation, the benefits could extend far beyond government balance sheets.

For Bahamians and Turks and Caicos Islanders, success will not be measured by another tourism record or another credit rating upgrade. It will be measured at the supermarket checkout, on the monthly electricity bill, at the gas pump and in the simple ability to afford a better quality of life.

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