Bahamas News

Grand Bahama Port Authority promises transparency and stringent monitoring of Storm Recovery and Stabilization Charge

Published

4 years ago

March 4, 2020

#Freeport, Bahamas – March 4, 2020 — The Grand Bahama Port Authority, Limited (GBPA) advises that there are existing mechanisms to ensure the transparency of the Grand Bahama Power Company’s (GBPC) recently-announced Storm Recovery and Stabilization (SRS) charge.

As the utilities Regulatory Authority in the City of Freeport, GBPA implemented a Regulatory Framework and Operating Protocol (“Framework”) in accordance with international best practices. The Framework establishes prudent regulatory oversight of GBPC’s operations, Standards of Service and rate-setting protocols.

Karla McIntosh, General Counsel at Port Group Limited, stated, “The Framework has been in existence since 2013. Amongst other obligations, the Framework also requires GBPC to have its accounts audited by professional auditors, licensed to practice in the Bahamas, at the end of its financial year and submit the results of such audit to GBPA. This recently-implemented SRS charge will be no different.”

Ms. McIntosh added, “GBPA has also mandated that GBPC provide quarterly reports, which will be published on our website, advising the total funds collected. This provides an objective and transparent process for the recovery of funds by GBPC, and it also establishes a regime of efficiency designed to secure greater levels of customer protection.”

The Framework, which can be accessed on the GBPA’s website at www.gbpa.com , also outlines a process for GBPA to address unresolved or escalated issues as it relates to the utility. Ms. Mcintosh advises that the Framework holds GBPC to a standard of service for key customer service deliverables and includes compensation for customers when these standards have not been met. She advises that residents can submit an issue, which has gone through GBPC’s resolution process and remains unresolved, to PR@gbpa.com and be guaranteed a response within three business days.

Related Topics:#gbpa #grandbahamaportauthority #grandbahamastrong #magneticmedianews

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Bahamas Agriculture Advancements-Reduces Food Import Reliance

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May 11, 2024

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The Bahamas is on its way to greater national food security and being less dependent on food imports with the Ministry of Agriculture’s container farms, two of them, provided by Eeden Farms.

On its Facebook, the ministry informs that the farms, both 40 feet, are able to produce the equivalent of 5 acres of high quality produce annually, resistant to hurricanes and pesticide free.

A container farm is a 21st century farming method that involves growing plants inside customized storage or shipping containers.

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The Bahamas’ Prime Minister Philip Davis reiterated climate change concerns for his nation.

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May 11, 2024

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The Bahamas’ Prime Minister Philip Davis reiterated the threats of climate change to The Bahamas, speaking at a Global Citizen Conference in New York on May 2. He spoke of The Bahamas’ vulnerability as an ocean state, highlighting that more than 85 percent of the landmass is less than 3 meters above sea level and is porous limestone; a huge issue as water is able to seep into the land due to rising sea-levels. He expressed that Bahamians are “Doomed” to become climate refugees.

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U.S. Bird Flu outbreak to drive Poultry prices up says Super Value owner

Published

2 days ago

May 10, 2024

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Rashsed Esson

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Bird Flu has been detected in domesticated birds in the US and now reports are saying in the next few months, chicken and turkey will more than likely be off the shelves as a result.

Bahamas supermarket mogul, Rupert Roberts, as owner of Super Value and Quality Supermarkets, is featured in a report by Guardian Business giving a frightening forecast. He fears poultry products will be wiped out.

This he says is scary.

He adds that suppliers are not saying much if anything at all, but are expecting this outcome worldwide.

The bird flu was found in chickens in Texas and Michigan, said media reports which also said one person was infected, as well as other livestock.

In response to the outbreak, the largest egg producer in the US, CalMaine Foods, temporarily stopped egg production in Texas and started executing over 1 million hens and 337 thousand chicks.

Despite this, Roberts reportedly said chicken and turkey supplies are safe for now. The Bahamas imports its turkey from Brazil, which Roberts hopes will grow to become the country’s main supplier.

However, the unfortunate outcome is that poultry prices are set to go up according to Roberts, as the small island nation competes with giant economies like China for poultry products.