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BAHAMAS: Small Business Development Program Launched in Eight Mile Rock

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Eight Mile Rock, GB, March 12, 2019 – Bahamas – The Government launched its Grand Bahama’s Small Business Development program in West Grand Bahama at the Eight Mile Rock High School auditorium, Friday, March 8, 2019.

After successfully launching the program in East Grand Bahama last month, Deputy Prime Minister and the Minister of Finance the Hon. K. Peter Turnquest said he wanted to give residents in Eight Mile Rock and West Grand Bahama the same opportunities to become successful entrepreneurs. He noted that the residents of Eight Mile Rock are no strangers to start-up businesses.

“You here in West Grand Bahama, you have a history of entrepreneurship and for anyone driving up and down the main street here it is evident. But is it not interesting that people still drive down to Freeport to shop?

“So, you have to ask the question, why have all the big businesses that were set up here closed down? I think what it says is that we have to first learn to support one another and then it tells me that before you launch into a business, you must first determine, by research, what it is the people in this community want. What sorts of businesses in this community will they support?

“The Small Business Development Centre (SBDC) will help you make that determination and give you an idea of just how viable your business idea will be for this community.”

Minister Turnquest told those who had gathered for the launch of the SBDC that when the Free National Movement came to office, they held a series of consultations and brain-storming sessions to see how they could create some sort of programs that would help to empower the ordinary Bahamian.

The creation of the SBDC was birth out of those consultations.

“Like you, we heard the cries that Bahamians feel by and large that there are advantages that are given to foreign investors that are not given to Bahamians. That a foreigner can come to this country, and because he has access to easy money or to networks, which Bahamians are not able to access, can get an advantage over us in our own country.

“Obviously that is inherently unfair.”

However, Minister Turnquest noted that for the most part, Bahamians have never been taught how to be entrepreneurs, or how to think with an entrepreneurial mind-set and to take risk. He said that Bahamians, as a people are very risk averse.

He said many Bahamians believe that they would like to be business owners, however, not that many are willing to take the risk, leave a secure job and go out to pursue their dreams.

“Thinking through this problem, we asked what could we do to address that lack of entrepreneurial thinking in our people, to address the fear that leads to this reluctance for people to strike out on their own, and how do we get financiers to get over their uncertainty of taking a risk on our people.

“We came up with this idea of the small business development centre, whose objective is to help the ordinary Bahamian to think through an idea. And those ideas can be diverse as we are a people.

“Some ask the question, ‘if I am interested in the creative arts, can I come to the Small Business Development Centre?’ The answer is absolutely. If you’re interested in agriculture, retail, wholesale, manufacturing, or intellectual property, you can come to the Small Business Development Centre.

“The idea is to have you be as creative and as opened as you possibly can.”

Minister Turnquest encouraged those present at the SBDC launch to “look within themselves” to discover their respective talents and to consider that desire of doing the things that would make them happy to get up each morning and pursue that dream in their hearts.

“Then we encourage you to come to the Small Business development Centre and talk through it with one of the Advisors, so that you can determine, with their help, whether your idea is commercially viable. It is great to have a hobby, but if you cannot turn it into money, then it is just a hobby.

“They will walk you through the idea, from the inception, to developing that business plan, so that we can test it to ensure that it is a reasonable idea. You are taken through the training so that you can understand business.”

The SBDC will then help the prospective entrepreneur to find the funding necessary to bring the business idea to fruition. DPM Turnquest said that one of the beauties of the SBDC program is once an individual goes through the SBDC, it gives their business plan credibility.

By Andrew Coakley

Release: BIS

Photo Caption: Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest (standing) addresses the crowd who showed up for the launch of the Small Business Development Program in West Grand Bahama at the Eight Mile Rock School Auditorium, Friday, March 8, 2019. Also on hand for the launch was Parliamentary Secretary in the Office of the Prime Minister and Member of Parliament for West Grand Bahama, Pakesia Parker-Edgecombe (seated, third from right). 

(BIS Photo/Andrew Miller)

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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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