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BAHAMAS: After 40-year, nearly $3 billion in transactions career, Real estate legend launches Mario Carey Ventures

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By Diane Phillips

#Bahamas, March 3, 2021 – Many would have happily hung up their hat after a 40-year career with approximately $3 billion in transactions, but legendary Realtor Mario Carey has a better idea – the founder of the first international branch of Better Homes & Gardens is taking what he learned in one business and applying to a variety of others, combining visionary ideas with global expertise.

Carey announced the quiet launch of Mario Carey Ventures (MCV) this week in a press statement, more than two years after the concept was born and began to build momentum. Today it is involved in about one dozen projects ranging from new technology to social infrastructure like affordable housing and diversified farming, digital assets to resort development.

“Throughout my career, I kept envisioning business opportunities that were outside the real estate space,” said Carey. “At the same time, I was meeting people from all over the world and I realized that if I put the right team or teams together, MCV could provide opportunities that would promote nation-building, slow the brain drain and do what we have been talking about forever, diversify the economy.”

“I always remember that great Michael Jordan quote ‘Talent wins games but teamwork and intelligence win championships.’ If I wanted to go into the biotech space, for instance, or marine, I had to find people who would embrace the opportunity and share my vision that it had to benefit The Bahamas.”

Years of interacting with creative leaders, CEOs, celebrities and successful businesspeople paid off with Carey actively engaged in several high-level projects. But he was quick to recognized he needed someone as his chief global strategist and turned to Mark Shekter, co-founder and CEO of Think8 Global Institute.

Montreal-based Think8 has guided companies around the world to develop leadership, think creatively, advance solutions and drive ideas from thoughts to structured reality. The firm has worked with start-ups and multi-national corporations in sports, entertainment, energy, gaming, finance, retail and new technology. Think8’s innovative methodology is taught in University Masters Degree programs and national incubators to develop a new class of socially conscious entrepreneurs.

Carey calls Shekter “tough, but brilliant.” Shekter calls Carey “a true visionary.”

The match between Think8 and MCV works, says Carey, because it brings international experts along with Bahamian citizens and residents to the goal of advancing local opportunities.

“I am driven by the desire to raise capital and allocate human resources to monetize innovation and disruptive ideas that would diversify the economy, provide a reason for well-educated Bahamians to come home and find a place in their own country where they could succeed in a diversified economy.”

“The process of breathing life into good ideas is really what it is all about and not just one idea at a time, but allowing multiple ideas to blossom utilizing a baseline team overall and forming different teams with different skill sets for each concept. Mario Carey Ventures, or MCV, is, simply put, the launchpad from which ideas, solutions and causes move from seed to reality.

Carey, who was among only a handful of Bahamians to earn a university degree from Florida State University in real estate, said his practice exposed him to thinkers from all over the world. In recent years, being among the leading agents in high end markets like Ocean Club Estates, sports heroes, celebrities and management teams has reinforced his belief in what he calls “the hidden business ideas with the power to explode successfully.” MCV will help make that happen, he said, but with one caveat.

“Anything we touch has to have an element of nation-building for The Bahamas.”

Among the many concepts on the MCV table at its official launch are social entrepreneurship enterprises ranging from marine conservation to real estate funding in the affordable housing market.

His long years of networking are already attracting funding and expertise in biotech, digital asset maximization, Family Island development, and preservation and monetization of marine resources by capitalizing on existing potential where resources are plentiful and jobs are scarce.

MCV has also launched its own 501c3 charitable organization- Bahamian Prosperity Foundation- tapping into US tax deductible contributions for Bahamian causes. Carey cites as an example one of his program to provide some 42,000 hot meals to help ease the hunger problem during the pandemic, engaging the full support and dedication of his own staff and professionals at both Better Homes and Gardens MCR Bahamas Group and MCR, his luxury rental and property management company.

Known for his love of the sea and extensive deep diving, Carey has endorsed the concept of naming the waters the Lucayan Sea, backing the idea first proposed by former Royal Bahamas Defense Force Commander Captain Tellis Bethel, now serving in the role equivalent to inspector general for the uniformed law enforcement services.

“To protect something, it must have an identity and the concept of the Lucayan Sea, named in honour of the indigenous inhabitants of The Bahamas, is perfectly suited,” said Carey. “Naming our waters is a positive move that requires little on the part of any government, provides jobs with the expertise of cartography and mapping, opens historic, touristic and educational opportunities and can help unite us by paying tribute to a peaceful people while building pride in our waters.”

According to Carey, MCV has a strict code of conduct, stressing the core principles of trust, accessibility, and effectiveness.

“MCV is all about understanding where I can contribute the most to my country, fulfilling a lifelong dream of doing business that benefits the man,” he said. “we are excited about the next chapter.”

By Diane Phillips

Bahamas News

Walker Confirmed as U.S. Ambassador to The Bahamas: A Partner in America’s Extended Family

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By Deandrea Hamilton | Magnetic Media

 

The United States and The Bahamas share more than proximity — they share a bond of history, trade, and culture that Washington’s newest diplomat calls “part of America’s extended community.”

Now, for the first time in 14 years, the U.S. Embassy in Nassau will again be led by a Senate-confirmed ambassador. Herschel Walker, the Heisman-winning football legend turned entrepreneur, has been confirmed by the U.S. Senate as America’s official envoy to The Bahamas.

Walker, who will oversee one of the Caribbean’s most strategically positioned U.S. missions, told senators during his confirmation hearing that The Bahamas will play a key role in upcoming U.S. 250th Independence celebrations. “The Bahamian people,” he said, “will be included in this milestone year, because our stories are intertwined — through family, trade, and friendship.”

While his nomination was unconventional, his priorities are anything but vague. Walker vowed to counter growing Chinese influence in the Caribbean, calling Beijing’s investments in Bahamian deep-water ports “a direct threat to U.S. national security.” He pledged to work closely with Bahamian authorities to ensure American interests remain the region’s cornerstone.

“There’s a rise in drug smuggling in The Bahamas, and this is a real danger to the United States,” Walker said, referring to the Operation Bahamas, Turks and Caicos (OPBAT) partnership. He promised to strengthen intelligence sharing, joint patrols, and law enforcement coordination to disrupt trafficking routes that have grown increasingly sophisticated.

But Walker also emphasized opportunity over fear — signaling that his ambassadorship will not only focus on security, but on strengthening The Bahamas as a gateway for U.S. investment, trade, and tourism.

“I will advise the American business community of the vast investment opportunities that exist in The Bahamas,” he said. “And I will make sure the Bahamian government maintains an environment where U.S. companies can invest confidently — because America must prove it is still great as an investor.”

For a small island nation sitting less than 50 miles off the coast of Florida, this renewed diplomatic attention carries weight. Since 2011, the post of U.S. ambassador had remained vacant — a gap that many observers say weakened direct ties, delayed joint security initiatives, and allowed other powers to move in.

Walker’s confirmation — approved 51 to 47 — ends that silence. And with it comes the expectation that this former Olympian and business owner will translate his discipline, charisma, and resilience into diplomatic results.

Critics question his lack of foreign policy experience, but Walker counters with confidence: “Throughout my life, people have underestimated me. I’ve always proved them wrong — by outworking everyone.”

As he prepares to take up residence in Nassau, Walker says his mission is simple: rebuild trust, deepen cooperation, and remind both nations that their futures are tied not just by geography — but by shared purpose, mutual respect, and the enduring ties of community.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

 

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Bahamas News

PAY STANDOFF: Prime Minister Cancels Talks as Unions Warn of More Protests

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By Deandrea Hamilton | Magnetic Media

Monday, October 13, 2025 — Nassau, The Bahamas – What began as a calm holiday meeting has spiraled into a full-blown standoff between The Bahamas Government and two of the country’s most powerful public sector unions — the Bahamas Union of Teachers (BUT) and the Bahamas Public Services Union (BPSU) — after the Prime Minister abruptly cancelled follow-up talks set for Tuesday, blaming public comments made by union leaders.

The announcement of the cancelled meeting came late Monday, just hours after a tense sit-down at the Office of the Prime Minister, held on National Heroes Day, where both BUT President Belinda Wilson and BPSU President Kimsley Ferguson accused the government of dragging its feet on salary increases and retroactive pay owed to thousands of public officers.

Wilson, never one to mince words, said the Prime Minister’s “technical officers” — the very people responsible for executing his instructions — were failing to carry out his directives regarding payment timelines.

“The Prime Minister’s issue,” Wilson said, “is that he has persons working for him who are not following his instructions. If those officers would follow through on what he told them to do, we wouldn’t be here today.”

Wilson added that the BUT and other unions are demanding retroactive pay dating back to September 2024, and that all increases be applied and paid by the October payday, not December as previously stated by the Prime Minister.

“Senior civil servants already received their retroactive pay — thousands of dollars — backdated to September of last year,” Wilson charged. “We’re saying the small man deserves the same. This isn’t a gift. It’s money already earned.”

Her comments came after the government publicly insisted that the salary adjustments would be implemented by December 2025, just ahead of Christmas — a timeline unions flatly reject as too slow.

Ferguson: ‘No More Excuses’

Following Wilson, BPSU President Kimsley Ferguson delivered a fiery statement of his own, telling reporters the unions would no longer tolerate delays or mixed messages from the Davis administration.

“The Prime Minister was receptive — but we’re not accepting excuses,” Ferguson said. “If the Prime Minister’s having a memory lapse, we have the Hansard from Parliament to remind him exactly what he promised public officers.”

Ferguson went further, warning that if Tuesday’s meeting failed to produce results, unions would “visit the House of Assembly” and intensify their campaign for immediate payment.

“Public servants, ready yourselves,” he declared. “We are prepared to stand together — all across The Bahamas — until our needs are met.”

Now, with the Prime Minister cancelling tomorrow’s talks altogether, that threat appears closer to becoming reality.

Government Bungles Response

Observers say the administration’s handling of the matter has been confused and contradictory, with conflicting statements on payment timelines and poor communication fueling frustration among teachers, nurses, and general public officers.

The government has maintained that the funds are allocated and will be disbursed before year’s end, but unionists insist they’ve heard it all before — and this time they want results, not promises.

The Prime Minister’s decision to cancel the meeting, rather than clarify or de-escalate tensions, has drawn sharp criticism across social media and among rank-and-file civil servants who see the move as punitive and dismissive.

Slowdown and the Threat of Another Mass Protest

Across several ministries, departments, and schools, reports are already surfacing of a go-slow in the public service, as workers express solidarity with the unions’ demands.

Many believe another mass demonstration is imminent, similar to the one staged last week Tuesday when thousands of workers gathered outside the House of Assembly on Bay Street as Parliament reopened after summer recess.

That protest brought parts of downtown Nassau to a standstill as union members sang, marched, and even sat in the street — a powerful show of defiance that now threatens to repeat itself unless the government moves quickly to resolve the impasse.

A Political Flashpoint

What began as a straightforward salary dispute has now evolved into a test of credibility and competence for the Davis administration. With a restless public sector, rising inflation, and unions unified across professions, the government risks not only another protest — but a full-blown industrial crisis heading into the year’s end.

For now, the unions are standing firm: they want retroactive pay from September 2024 and full salary adjustments by this October. Anything less, they warn, could push the country’s workforce from a slowdown into open confrontation.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Nassau Cruise Port Marks Sixth Anniversary with Exciting New Additions for Visitors and The community

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[Nassau, Bahamas, October 8, 2025] Nassau Cruise Port (NCP) proudly celebrates its sixth corporate anniversary by unveiling a series of transformative additions that further enhance the guest and community experience. The anniversary comes at a pivotal moment in the growth of the port, with the opening of a new swimming pool, an expanded marina, and a state-of-the-art ferry terminal that will support transfers to the Royal Beach Club, which is currently under construction on Paradise Island.

Since its $300 million redevelopment, Nassau Cruise Port – the largest transit cruise port in the world – has welcomed millions of visitors and become one of the most vibrant cruise destinations in the world. This anniversary not only reflects its commitment to delivering world-class facilities, but also its dedication to creating meaningful connections between visitors and the Bahamian community.

“This milestone represents much more than the passage of time,” said Mike Maura, Jr., CEO and Director of Nassau Cruise Port. “It reflects our promise to continually elevate the guest experience, contribute to the local economy, and provide opportunities for Bahamians. During our first year (2019) of operating the Nassau Cruise Port, Nassau welcomed approximately. 3.85 million cruise guests, and 2025 will see well over 6 million cruise visitors visit Nassau. Our focus on driving cruise tourism and the $350 million investment in our downtown waterfront is a testament to our vision of making Nassau a premier cruise and leisure destination.”

The new pool offers a refreshing retreat for visitors enjoying Nassau’s waterfront, while the expanded marina will accommodate additional yachts, boosting tourism and local commerce. The ferry terminal expansion enhances passenger flow and supports convenient, seamless transfers to the Royal Beach Club, strengthening Nassau’s position as a hub for Caribbean cruising and leisure.

As part of its anniversary celebrations, NCP will host a series of internal and external activities to celebrate its team and to highlight its ongoing investments in the Bahamian economy, including job creation, local vendor opportunities, and cultural showcases at the port.

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