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Minister Moxey: ‘Outlook for Grand Bahama is grand’

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By ANDREW COAKLEY

Bahamas Information Services

 

FREEPORT, Grand Bahama, The Bahamas — Minister for Grand Bahama, the Hon. Ginger Moxey says Grand Bahama is on a transformational, revolutionary journey — one that allows it to reach that elusive potential talked about for decades.

“But today, as a Grand Bahamian, born and bred here, I believe, with every fiber of my being, that ‘it’s here and it’s now’!  I believe that the outlook for Grand Bahama is grand.”

Minister Moxey was the keynote speaker at this year’s Grand Bahama Business Outlook, held at Grand Lucayan resort on Thursday, February 13, 2025, under the theme, ‘Prioritizing Inclusive, Sustainable Growth.’

In her address, Minister Moxey noted that over the past three years, the government has seen the culmination of strategic investments positioning Grand Bahama as a hub of innovation, resilience, and opportunity.

In the midst of this positive economic activity, she added that the government continues to “connect the dots” by implementing initiatives focused on Grand Bahama’s recovery.  This aligns with the impact of the nearly $3 billion in investments happening on the island with the government’s initiatives and plans to progress residents and the island forward.

“For this reason, the Davis/Cooper Administration took ‘the bull by the horns’ and tackled some of the critical longstanding issues that have contributed to our economy’s stagnation,” said Minister Moxey.  “By doing so, the government is working diligently to remove obstacles that have hindered the island’s economic growth and recovery and the ability to improve the quality of life of residents.

“To prioritize inclusive, sustainable growth, the government and stakeholders must collaborate to stimulate our tourism, education, construction, and the industrial sectors.  This action will ensure that not only a small percentage of Bahamians benefit from Grand Bahama’s revitalization, but that all fully prepared individuals can also embrace the opportunities.”

Turning her attention to some of the specific upcoming projects coming to Grand Bahama, the Grand Bahama Minister pointed to the proposed Afro-Caribbean Marketplace and Logistics Center.  That project came about during discussions at the historic 31st Afreximbank AGM held in Nassau last June, when the government signed a $1.8M Project Preparation Facility with Afreximbank for the establishment of an Afro-Caribbean Marketplace and Logistics Center – a significant undertaking, in the City of Freeport, by the Davis-Cooper Administration.

Minister Moxey explained that the acquisition of the International Bazaar and the Royal Oasis Tower and Casino properties, as well as the reopening of the West Sunrise Highway will be central to this development and is currently in progress.  She assured that purchase agreements have been made with both the Bazaar owners and Harcourt Development, and the government is ready to proceed.

However, she added that the Grand Bahama Port Authority has indicated that there are long outstanding receivables of the previous owners that must be settled, which has caused a slight delay.

“This acquisition has been budgeted for, in the 2024/25 Budget of the government, and we are hopeful that we can move ahead, as quickly as possible, for this game-changing development for our island.

“The magnitude of this project is far-reaching, and its impact on Grand Bahama will be visible in multiple ways. Firstly, it will resolve longstanding issues that have festered for far too long—the closure of West Sunrise Highway, which will be reopened, the defunct Princess Tower and Casino, and the International Bazaar properties, which the government will purchase.”

Addressing “the elephant in the room”, Minister Moxey said she’s aware of the concern of many Grand Bahamians about one or two major issues on the island, including the sale of the Grand Lucayan resort.  She said she’s satisfied that steady progress is being made, and asked Grand Bahamians to appreciate that such negotiations can sometimes be sensitive.  As such, she did not go into any details surrounding the sale of the resort.

Repeating a remark made by Prime Minister Philip Davis about the hotel during an event at the resort over a week ago, Minister Moxey said that the important thing with negotiating a sale for the Grand Lucayan is to “get it right”.

“I can say that our desire is for a developer committed to embracing the culture of Grand Bahama, while creating a world class brand that enhances the tourism product of this island,” said Minister Moxey.  “We were careful to seek out someone who has the vision, the heart and the ability to create something spectacular for us all.”

The Minister gave a charge and threw out a challenge to all Grand Bahamians – “to find something positive to say!

“When you are about to say something that you know is negative, replace that with something positive about our island instead.  I’m sure we can do that, because there is so much positive to talk about. We are all in this together!”

Photo Caption: GB OUTLOOK IS GRAND – Minister for Grand Bahama, the Hon. Ginger Moxey opened the 2025 Grand Bahama Business Outlook on Thursday, February 13, 2025, at Grand Lucayan resort.  Minister Moxey said that the outlook for Grand Bahama is “grand”.

(BIS Photo/Andrew Miller)

Bahamas News

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

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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.

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Bahamas News

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

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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.

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Bahamas News

VOTES SAFE, SAYS PRD AFTER BALLOT BOX FIASCO VIDEO

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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.

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