Connect with us

Bahamas News

Richea Always knew what she wanted, So she calculated her course now her ‘coffers’ are overflowing

Published

on

By Rashaed Esson and Deandrea Hamilton

Editorial Staff

 

 

#TheBahamas, March 16, 2023 – The Bahamian native, Richea Haygood, born and raised in Nassau, is among today’s group of women who are breaking the glass ceiling in the professional world.

Richea’s road to excellence is nothing short of inspiring. She tells me that her purpose was relatively clear at a tender age, that is to accomplish great things in all aspects of her life including accounting. She told a short story of her skills in money management as a little girl in light of her early realisation of her place in the world.

“I had great money management skills even as early as 6th grade.  For my graduation trip, we had this week of activities. I literally initiated a payment plan with my teachers, and I covered my entire week’s cost. My parents did not put anything into it.”

Couple this uncommon foresight with parents who consistently told her that life would be what she made of it, that she was gifted with the ability to accomplish whatever it is she wanted . 

Richea grabbed hold of those repeated refrains and took charge in a most uncommon way.  The young woman, just weeks away now from graduating with her Bachelor’s Degree, believes she is living her dream due to old fashioned passion and determination.

After graduating from the Kingsway Academy High in Bahamas in 2019, where she was Head Girl, Richea immediately reached for greater opportunities.  A part of a larger vision was her high school success and in those critical years, a plan was designed.

She easily reflects on the day she attended a college fair where a previous president of the Harris-Stowe State University   captured her attention; it appears the feeling was mutual as Richea next made history, becoming one of the first international students to be flown out to Harris-Stowe’s student acceptance day.

Richea explains that almost instantly, she had a liking for the small, family-oriented university, and decided to enrol.

She was then awarded a full ride scholarship to Harris-Stowe State University.  Harris-Stowe was established by the St. Louis Public Schools in 1857, making it the first public teacher education institution west of the Mississippi River and the 12th such institution overall.  Harris-Stowe has evolved much since the time when segregation was the order of the day, it is now an illustrious institution for ambitious bright minds, of all diversities and ethnicities.

In her freshman year, Richea chose to ease into her new life; this she said allowed her to adjust to university living. By her sophomore year,  she started amped up involvement. Strategically, Richea began to expand her network with the faculty and the Anheuser Busch school of Business, and here the trend for success and outstanding accomplishments continued.

In April of 2021, she was a student worker in the Department of Institutional Advancement and, in the same year, up to 2022, she interned with Deloitte and Touch, LLP Chicago Illinois in Audit and Assurance.

Richea was selected for the internship; beating out dozens of others for a coveted spot in a world class accounting firm.

In that same period, she again took the position of student worker at her university in the Department of Business and Financial Affairs, and today, she is the Accounting Office CFO.

But successful internships were not new for this young stand out.  In 2019, before venturing to the United States,  Richea interned at KPMG in Nassau, Bahamas.

Behind all of that experience at the young age of 21, Richea has a mountain of notable achievements including the National Award for the highest A, in the Bahamas Bookkeeping and Accounting examination.

Also, during her graduation year, Richea Haygood earned and won first place in KPMG’s accounting bowl.

By 2021, she went on to receive the Backpack to Briefcase St. Louis, Missouri, Larry Blue Jr. Leadership Award for exhibiting exceptional leadership qualities and professional development. She even received a scholarship from Wells Fargo, a financial services company in the US, for exemplified outstanding academic achievements and this is no surprise since she got Provost Honors after maintaining a cumulative GPA between 3.5 and 4.0.

Not only that, but she was also a part of Deloitte’s Emerging Leaders programme last April in Texas and was one of the scholarship recipients rewarded with $10,000. Proof that firm commitment to education and purposeful pursuits do pay!

Only this year, Richea was inducted into the National Society of Leadership and Success, the largest leadership honours’ society in the United States.  Also, regarding her application for an all-expenses paid leadership training session in Washington DC, she was pumped to know that it was successful.  The Association of Government Accountants of the United States selected Bahamian, Richea Haygood, as one of fifteen exceptional, up and coming business professionals from across the collegiate world to attend the conference this past February.

While all of this was happening, Richea was still honing her skills and expanding her experience through voluntary activities. She volunteered at: her University as Sophomore class treasurer in the Student Government Association, the Xavier University in their 3M Case Competition; The National Association for the Advancement of Coloured People – HSSU Chapter; the Student Government Association as Executive Board Treasurer; Regional Business Council Mentor Network Programme; St. Louis NAACP 110th Anniversary Celebration and Annual Freedom Fund Dinner; XULA and 3M Partnering for Progress National Sales Case Competition and the Anheuser School of Business Student Ambassador.

Many would wonder where Ms. Haygood finds time for fun.  But unsurprisingly she also has a good balance between work and leisure. Despite all her hard work and accomplishments, she finds time to go out with friends.

As a young successful black woman, Richea’s goals do not only align with her personal dreams. She strives to inspire and encourage more young people to take advantage of opportunities. This has been the biggest lesson she has learned along her journey. She is also a firm believer in the saying “timing is key”, most importantly God’s timing.

Driven by the notion of creating generational wealth, Richea, like everyone around her, sees herself going far in life and it has already started. She was recently nominated for membership in Harris-Stowe’s Anheuser-Busch School of Business, Delta Mu Delta International Honor Society in Business. This is yet another fantastic feat.

Within the next five years, Richea plans to have her MBA and soundly passed her CPA exam; the Certified Public Accountant examination which is the highest rank as an accountant sets this young woman up well for her dream of becoming a top executive within Deloitte and Touche.

Landing at the top of one of the world’s most reputable and leading accounting firms was part of the plan and for Richea, it is rapidly, thrillingly becoming a part of her well-earned reality.

 

Bahamas News

OVER 209,000 BAHAMIANS TO DECIDE NEXT GOVERNMENT IN TUESDAY’S GENERAL ELECTION

Published

on

Polls open nationwide as rallies, controversy and endorsements close heated campaign season

 

The Bahamas, May 11, 2026 – Temperatures across The Bahamas on Tuesday, May 12 are forecast to reach a high of 87 degrees Fahrenheit, with “feels like” temperatures expected to climb even higher — but the heat is not expected to disrupt the flow of voters to polling stations which open nationwide at 8 a.m.

More than 209,000 registered voters are expected to cast ballots in the country’s 2026 General Election, which will determine who forms the next government of the Commonwealth of The Bahamas.

Polling stations across New Providence, Grand Bahama and the Family Islands will remain open until 6 p.m., with all 41 House of Assembly seats being contested in what has become one of the country’s most energetic and closely watched election campaigns in recent years.

The governing Progressive Liberal Party and the opposition Free National Movement are fielding full slates of 41 candidates each, while the Coalition of Independents has emerged as a significant third-force movement with 40 candidates contesting seats nationwide.

Public schools throughout the country are closed Tuesday as many campuses are transformed into polling stations, while ballot boxes have already been dispatched to the Family Islands ahead of voting day.

The Parliamentary Registration Department has meanwhile reminded employers that registered voters are legally entitled to two hours off to vote in addition to their normal lunch break and has also issued guidance aimed at maintaining orderly conduct at polling locations.

The final days of campaigning transformed the country into a sea of rallies, motorcades, town halls and political events stretching from Exuma and Long Island to Abaco, Bimini, Eleuthera, Andros, Inagua and Grand Bahama.

The PLP closed its campaign with the message “Choose Progress,” arguing the Davis administration has strengthened the economy, expanded social support and advanced national development projects.

The FNM campaigned heavily on accountability, affordability and governance reform under the slogan “We Work for You,” while the Coalition of Independents sought to position itself as the country’s disruptive alternative with the declaration: “Change ain’t coming — change is here.”

The campaign season also drew international attention with former NBA player and businessman Rick Fox attracting celebrity endorsements from basketball legend Shaquille O’Neal, actress Vanessa Williams and reggae icon Buju Banton through widely circulated video messages.

Adding further unpredictability to the race are at least 13 independent candidates contesting seats across the country, including former Prime Minister Dr Hubert Minnis in New Providence’s Killarney constituency, former Cabinet Minister Frederick McAlpine in Grand Bahama’s Pineridge constituency and Leroy Major in Southern Shores on New Providence — all seeking to break through the dominance of the country’s traditional party structure.

Meanwhile, election officials faced controversy in the campaign’s final hours after confirming that fewer than 150 voters, around 1 percent of electors had been mistakenly omitted from the register but would still be allowed to vote Tuesday — a decision questioned publicly by FNM Leader Michael Pintard amid broader concerns over voter integrity and election procedures.

Despite the political tensions, election officials say preparations are complete.

By Tuesday night, Bahamians are expected to know whether the PLP secures a second consecutive term, whether the FNM returns to office, or whether independents reshape the country’s political landscape.

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

Continue Reading

Bahamas News

BAHAMAS RATING UPGRADE: A WIN—BUT NOT A FREE PASS

Published

on

The Bahamas, May 4, 2026 – With elections days away, The Bahamas has picked up a headline-friendly win: a credit rating upgrade.

Here’s the one-liner that matters most:

A higher rating can mean cheaper borrowing for the government—over time.

That’s the upside. When lenders see less risk, they demand lower interest. That can ease the cost of financing big projects and managing national debt.

But that’s only part of the story.

Moody’s Ratings has upgraded The Bahamas to Ba3 from B1, citing stronger fiscal discipline, improved liquidity and a more stable funding strategy. It also points to better tax collection, controlled spending and continued strength in tourism as key drivers.

Moody’s expects the government to maintain solid primary surpluses—essentially bringing in more than it spends before debt payments—and projects national debt to decline from 72.5% of GDP to around 68% by 2027.

That’s progress.

But here’s the reality check.

The Bahamas is still below investment grade. In plain terms, the country remains in speculative territory, meaning investors still see a higher level of risk compared to more stable economies.

Debt, while improving, is still elevated. And the economy remains heavily dependent on tourism—a sector that can shift quickly with global conditions, weather events or geopolitical shocks.

Even Moody’s signals that more work is needed. Further upgrades depend on:

  • sustained reductions in debt
  • improved debt affordability
  • and continued access to favourable financing

So while the upgrade reflects real gains, it is not a finish line.

It is a signal that the country is moving in the right direction—but must stay disciplined to keep that momentum.

For voters heading to the polls, the takeaway is simple:

The Bahamas has strengthened its financial position—but the fundamentals still need work.

The progress is real.

The challenge now is to make it last.

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

Continue Reading

Bahamas News

VOTES SAFE, SAYS PRD AFTER BALLOT BOX FIASCO VIDEO

Published

on

The Bahamas, May 4, 2026 – The Parliamentary Registration Department is assuring the public that ballots cast during advance polling remain secure, following a viral video that sparked confusion and concern in eastern Nassau.

The footage, widely circulated on social media, showed a tense scene outside Thelma Gibson Primary School, where party supporters surrounded election officials as a ballot box was escorted to a waiting vehicle under police guard. The confrontation—loud, chaotic and closely watched—left many questioning whether proper procedures were being followed.

In response, the PRD moved to clarify.

In an official statement, the Department said the transport of ballot boxes in the Elizabeth and Yamacraw constituencies was conducted in line with established protocol. It explained that once polling concludes, the Presiding Officer is required to return sealed ballot boxes to the Returning Officer, who—accompanied by a senior police officer—then transports them to the Parliamentary Commissioner.

The PRD said it is satisfied that Returning Officer Sonia Culmer adhered to those procedures and that the ballot boxes remained sealed at all times.

But that account has been challenged.

PLP Elizabeth candidate Jobeth Coleby-Davis has called for an urgent investigation into what she described as alleged irregularities involving ballot handling. She claims that established procedures were breached, including the movement of sealed ballot boxes without the presence of party observers, and is urging authorities to review the matter.

The competing accounts have added to public unease following scenes that saw supporters from multiple political parties crowding officials during the transfer process, demanding clarity on what was taking place.

Individuals clad in PLP shirts, including incumbent Coleby-Davis swarmed the returning officer, police officers and the ballot boxes.  The charge was the woman in the crosshairs of the accusations was connected to the opposition FNM party.

There was nothing to validate this claim and there is no confirmed breach reported by election officials.

Ballots cast during advance polling are expected to remain secured until Election Day, May 12, when they will be merged with ballots in their respective constituencies and counted as part of the official tally.

For now, the PRD is standing firm on the integrity of the process—even as calls for further scrutiny grow louder.

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

Continue Reading

FIND US ON FACEBOOK

TRENDING