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The Bahamas Continues to Adapt to Dynamic Change

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#Nassau, February 27, 2019 – Bahamas – Acting Prime Minister, the Hon. K. Peter Turnquest said The Bahamas continues to adapt, grow and expand despite the dynamic changes taking place around the world.

“When The Bahamas needed an economic base in a region known for its agricultural and manufacturing prowess, we pioneered the tourism industry in the region.  Today, we are employing different strategies to increase and diversify foreign direct investment. The Commercial Enterprises Act, 2018 has already had great success attracting international companies to open up offices and headquarters in Grand Bahama, where we are creating the Tech Hub for The Bahamas.”

The Acting Prime Minister was speaking at the Royal Fidelity Bahamas Economic Outlook (BEO) held at Baha Mar, Tuesday, February 26, 2019. He noted that the government is undertaking several other initiatives to boldly lead The Bahamas into a dynamic future.

The Acting Prime Minister explained that the government is preparing Bahamians to take advantage of new opportunities in the tourism market by regulating and expanding Airbnb and related services, which is an area with great potential for boosting inclusive growth. 

He said the government is preparing Bahamians to be businesses owners with unprecedented investments in entrepreneurship: $25 million over five years. The era of finishing school and looking for a good government job is over. The government wants the workforce to be highly trained to secure private sector jobs, and to create their own jobs.

The Acting Prime Minister said the government is also modernizing itself by leveraging the power of technology; strengthening the national statistical system; and instituting comprehensive public sector financial management reform.

Lastly, he explained that the government is building a new culture of governance that is grounded in fiscal responsibility principles of transparency, accountability, and inclusive growth, undergirded by the Fiscal Responsibility Act that introduces quarterly budget performance reporting and fiscal strategy reporting.

The Acting Prime Minister noted that in a competitive commercial environment, where geopolitics is constantly at play, it seems as though the playing field will never be level for small territories like The Bahamas.

“We are participants in a global economic system, where the principle of sovereign equals is not always respected when you don’t have the political clout to enforce it. We are seeing a lot of turmoil in the financial services sector today on account of these factors, but we can hardly call it new.

“The goalpost has constantly been shifting when it comes to assessing territories like The Bahamas, and there seems to be no end in sight. No matter how cooperative or how compliant we are as a nation, larger countries exercise their liberty to create new rules at will, with an expectation for everyone to immediately fall in line, no matter the resources we need to marshal or the investments we need to make.”

He explained that the United States has one set of rules. The European Union has another. And then, the OECD and the EU together have another set of rules.

“The latest move by the Netherlands is clearly an indication that individual countries within the EU now want to have their own individual standards to export to the entire industry too. When does it stop? The model that seems to be proliferating is antithetical to the notion of having a global standard, and there are questions as to whether the standards are being applied fairly and transparently. If we are really working towards the same goals, is this even the best way?”

The Acting Prime Minister said while The Bahamas has many shared interests with the international community, particularly as it relates to combating AML/CFT, the process of unilaterally setting rules and exporting them to other territories under threat of sanction is counter to the spirit of international cooperation in the first instance.

He said this is 2019, and it does not matter how many blacklists pop up to unfairly stick The Bahamas on, the fact will remain that the country is a clean, compliant and cooperative wealth management jurisdiction, providing competitive financial services.

“We compete on the strength of our services and the quality of our professionals, and we eschew any and all efforts to introduce AML/CFT risk into our system. This government is committed to keeping up with any regulator or legislative reforms that are necessary to maintain our position as a global leader.”

The Acting Prime Minister said, “We have no intention of giving up any of the ground we occupy as a premier international financial centre. We are adapting to the change environment and encouraging the industry to innovate and develop new competitive products to meet the demands of the market. Investors can be assured The Bahamas will continue to be a reliable provider of sophisticated, high quality financial services products that meet their needs.”

By Llonella Gilbert

Release: BIS

Photo Caption: Acting Prime Minister the Hon. K. Peter Turnquest addresses the Royal Fidelity Bahamas Economic Outlook held at Baha Mar, Tuesday, February 26, 2019. 

(BIS Photo/Kristaan Ingraham)

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Federal Investigation into Florida Turnpike Tragedy that Killed Three Children of Bahamian Mother

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NTSB examining roadside assistance driver’s actions, SUV speed and seat belt use after six people perish in fiery collision

ORLANDO, FLORIDA — October 29, 2026 — Federal investigators have joined the investigation into a horrific Florida Turnpike collision that claimed six lives, including all three children of a Bahamian mother, as questions intensify over what caused the deadly crash.

The United States National Transportation Safety Board (NTSB) has confirmed that it is opening an investigation into the October 23 accident, which occurred around 9:31 p.m. near mile marker 252 in Orange County.

The agency’s involvement brings federal scrutiny to a tragedy that has devastated several families and prompted an extraordinary outpouring of sympathy and disbelief.

Among those killed were siblings Charles Milton, Jakara Milton and Dalvena Green, the three adult children of Marshall Clarke-Milton and her husband, Charles Milton Sr.

The siblings were traveling with three others to Universal Orlando’s Halloween Horror Nights, reportedly on their first trip together.

They never arrived.

FEDERAL INVESTIGATORS EXAMINE WHAT WENT WRONG

The NTSB confirmed to FOX 35 Orlando that its investigation will examine the training and performance of the roadside assistance driver, the actions of the SUV driver, including speed, and whether the occupants were wearing seat belts.

The agency investigates serious transportation accidents to identify safety failures and recommend measures that could prevent similar tragedies.

Its involvement does not establish wrongdoing by either driver.

The Florida Highway Patrol is conducting a separate investigation into the collision.

According to the preliminary police account, a Road Ranger roadside assistance truck had been parked in the highway median before its driver received instructions to assist a disabled box truck on the opposite shoulder.

As the Road Ranger moved across the northbound lanes, it collided with a 2023 Chevrolet Traverse carrying six adults.

Both vehicles left the roadway and caught fire.

All six occupants of the SUV died at the scene. The Road Ranger driver survived with minor injuries.

MOTHER CHALLENGES EARLY ACCOUNT

Witnesses reportedly told investigators that the SUV was traveling at high speed without its headlights illuminated.

However, those observations have not been established as the definitive cause of the collision.

Clarke-Milton has challenged suggestions that her children or their companions were responsible, urging investigators to examine the evidence before reaching conclusions.

She wants investigators to establish the SUV’s actual speed and determine whether its headlights were operating.

The family’s concerns underscore the importance of the continuing investigations, particularly given the movement of the roadside assistance vehicle across active highway lanes.

ALL THREE CHILDREN LOST

For Clarke-Milton, the investigation unfolds against an almost incomprehensible personal tragedy.

She lost all three of her children simultaneously.

In an emotional interview with FOX 35 Orlando, the grieving mother described the terrible feeling that overcame her when she could not reach them.

“My heart sank,” she said, recalling the moment she feared her children were involved.

The siblings were among six people whose lives ended during what should have been an enjoyable evening together.

The other victims included Timothy Williams and Shawn Palmer. A sixth person’s identity had not been publicly confirmed in the latest reports reviewed.

The family’s heartbreak has resonated across The Bahamas and beyond, with expressions of sympathy accompanying calls for answers.

SEARCH FOR ANSWERS CONTINUES

The Florida Highway Patrol has indicated that a crash report is expected within approximately ten days of the accident.

The NTSB’s investigation will examine broader transportation safety concerns, including the operation of roadside assistance vehicles and the circumstances surrounding the collision.

For the grieving families, the findings cannot reverse the tragedy.

But they may establish what happened on that stretch of Florida’s Turnpike and whether anything could have prevented six people from losing their lives.

For one Bahamian mother, the loss is especially devastating.

Three children left for an evening of entertainment. Not one came home.

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Bahamas Issues Cybersecurity Alert Over Akira Ransomware Threat

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Nassau, The Bahamas, October 22, 2026 — The National Computer Incident Response Team of The Bahamas (CIRT-BS) has issued a cybersecurity advisory warning businesses, government institutions and other organisations about the growing threat posed by Akira ransomware, a cybercriminal operation capable of stealing sensitive information, disrupting networks and demanding ransom payments.

Active since March 2023, Akira operates through a Ransomware-as-a-Service model, with affiliates exploiting weaknesses in computer networks to gain unauthorised access.

Once inside, attackers can steal confidential data, disable recovery systems and encrypt files, preventing organisations from accessing critical information.

Particularly concerning is Akira’s use of double extortion, threatening to publish stolen information unless victims pay. Some attacks involve data theft without encryption.

The October 22 advisory identifies vulnerabilities involving Cisco and SonicWall firewalls, VPN services, Microsoft Remote Desktop Protocol, Veeam backup systems and outdated Windows and Linux operating systems. VMware ESXi and Nutanix AHV environments are also potential targets.

Attackers may exploit unpatched software, stolen login credentials and inadequately secured remote-access applications, including AnyDesk and RustDesk.

Warning signs include unexpected administrator accounts, unusual remote logins, unauthorised software installations, suspicious backup activity, mass file changes and ransom notes.

CIRT-BS recommends immediate security updates, multifactor authentication, restricted remote access, stronger network monitoring and secure backups maintained separately from operational systems.

Organisations should also remove unnecessary internet exposure of remote desktop services, limit administrative privileges and regularly test backup restoration.

The advisory does not identify any confirmed Akira attack against a Bahamian organisation but highlights vulnerabilities that could expose institutions to serious financial and operational disruption.

Cybersecurity incidents can be reported to CIRT-BS at soc@cirt.bs or through its official website.

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Energy Minister Delivers Electrifying Keynote Opening Address at CAREC 2026  

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NASSAU, The Bahamas – The Bahamas’ Minister of Energy, Utilities and Aviation, The Honourable JoBeth Coleby-Davis, delivered an electrifying address during the opening ceremony of the 2026 CARILEC Resilient/Renewable Energy Community (CAREC) Conference and Exhibition, being held October 18–22, 2026, at the British Colonial Hotel in Nassau, The Bahamas.

Under the theme “Empowering Progress: Strategic Policy and Planning for the Energy Transition,” the event draws more than 200 industry leaders, policymakers, regulators, and energy professionals committed to advancing practical strategies for sustainable and reliable Caribbean power systems through renewable energy and emerging technologies.

During her address, titled “The New Energy Era: Transforming Policy into Progress,” Minister Coleby-Davis reminded attendees that The Bahamas’ national motto, “Forward, Upward, Onward, Together,” aptly describes what the region’s energy transition demands.

“Empowering Progress speaks directly to our national motto. Not waiting for progress, but creating the conditions that allow progress to happen. Meaningful progress, however, does not occur by accident. It requires vision, sound policy, strategic planning, strong institutions, and the determination to turn decisions into results,” said Minister Coleby-Davis.

Participants acknowledged that small island developing states share similar pressures, compounded by geographical challenges, small electricity markets, ageing infrastructure, geopolitical influences, and the growing threat of severe weather.

Tasked with ushering in a new energy era across the islands while addressing the challenges posed by The Bahamas’ unique archipelagic composition, Minister Coleby-Davis said, “Every island needs a different answer, but the same logic. As an archipelagic nation, we must provide electricity across many islands, each with its own demand and infrastructure needs. Our strategy, therefore, must be national in direction, but responsive to individual communities.”

Restating her Ministry’s three core messages—that energy is an economic and security priority, technology must be viewed as a tool to support strong institutional leadership, and natural gas should be considered a bridge, not a destination—Minister Coleby-Davis reiterated that “progress must now be reflected in functioning infrastructure, effective institutions, and better electricity services: from policy commitments to coordinated implementation, and from fragmented investment decisions to long-term planning.”

Organised by CARILEC and co-hosted by Bahamas Power and Light (BPL) and Grand Bahama Power Company (GBPC), the annual Conference and Exhibition brings together the Caribbean energy community to advance practical solutions to the region’s most pressing energy challenges and accelerate progress towards more resilient, reliable, and sustainable power systems.

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