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

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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

Freeport Business Expo to connect Grand Bahama businesses and entrepreneurs to expert resources  

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Grand Bahama Port Authority, Limited

 

 April 29, 2024 – Freeport, The Bahamas – In line with its mission to create a stronger, more connected Freeport economy, the Grand Bahama Port Authority, Limited (GBPA) is pleased to share details of the upcoming Freeport Business Expo: Tourism Edition, taking place on Thursday, May 2, 2024 at the Grand Lucayan Convention Center in Grand Bahama.

“As the GBPA continues its work to attract investors to Freeport, we offer this showcase of local and international businesses offering services and opportunities to potential and existing licensees,” stated Ian Rolle, GBPA President. “This Expo will not only connect unique international service providers with Bahamian entrepreneurs aiming to introduce new tourist attractions, but also bring together financing institutions to support Bahamian-owned start-ups and existing businesses in the industry.”

The emphasis on tourism at the 2024 Expo ensures that those in tourism-focused businesses are certain to benefit. The event will offer opportunities to meet potential business partners, gain insight on financial opportunities, engage with leaders in workshops and one-on-one sessions, and get answers on starting a Freeport business and obtaining a GBPA license.

“We regularly host community business expos,” said Glendia Sweeting, Manager of Quality Assurance and Special Projects.  “But we recognize the significant benefit of an expo focused on enhancing tourism business offerings through connecting international service providers and Bahamian entrepreneurs. We have more than thirty local and national exhibitors taking part on May 2nd, along with several international service providers.”

Multiple investment projects currently in progress and planned in the city of Freeport is creating anticipation for existing and potential entrepreneurs and this expo is geared towards preparing them for these opportunities.  “Grand Bahama is going to experience a significant growth spurt in the next one to three years.  I would strongly encourage everybody who wants to get involved in business to look at Grand Bahama as one of the top choices, especially over the next three years,” said Mr. Rolle.

The Expo opens on Wednesday, May 1st with a welcome reception from 6:00 p.m. to 8:00 p.m. A full day of learning and networking opportunities follows on Thursday, May 2nd. GBPA’s partners in the Freeport Business Expo include:

  • Grand Bahama Island Promotion Board
  • Ministry for Grand Bahama
  • Grand Bahama Chamber of Commerce
  • Ministry of Tourism
  • Bahamas Immigration
  • Bahamas Customs
  • Five Star Shipping Company
  • Viva Wyndham Fortuna
  • Bahamas Air
  • Grand Lucayan Hotel

Registration for access to the Expo’s exhibitors is free, and all-access passes are available for purchase. Event details and registration information may be found at freeportbusinessexpo.com.

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Bahamas News

Pacesetting Cohort of Eleuthera Residents Graduate from Leading Light Programme

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Office of University Relations

22nd April 2024

Eleuthera, THE BAHAMAS – A pioneering cohort of 43 Eleuthera residents graduated from the University of The Bahamas’ (UB’s) free Leading Light Programme, sponsored by Disney Cruise Line (DCL) on Friday 19th April, 2024.

The programme, launched in February 2024 and delivered through UB’s Continuing Education and Lifelong Learning (CeLEARN), offers a series of courses to ensure Eleuthera has a proficient workforce capable of delivering unparalleled hospitality leadership as the island experiences a sharp growth in tourism arrivals. The graduation ceremony was held at the Eleuthera Chamber of Commerce Business Hub in Rock Sound, Eleuthera.

The courses focused on tourism and hospitality skills, leadership development and effective communication. They were taught by UB faculty and included guest lecturers such as former Director General of Tourism, Minister of Tourism and Secretary General of the Caribbean Tourism Organization Vincent Vanderpool Wallace and veteran hospitality professor Dr. Lincoln Marshall.

“This programme represents the mission-driven collaboration and skills-building that University of The Bahamas is committed to fostering, supported by an important industry partner like Disney Cruise Line,” noted UB President (Acting) Janyne Hodder. “Given the importance of the tourism industry to our nation, we know how vital it is that we continually equip our workforce with diverse expertise to uphold our reputation for excellence in hospitality. We are grateful for this collaboration with Disney Cruise Line which has facilitated programme delivery in Eleuthera, enabling UB to broaden access to much sought-after professional development.”

As training and skills development programming grows across the island of Eleuthera, the Leading Light Programme experience was tailored to be free of charge, accessible and conclude with participants earning a UB certification that signals the high standard of education for which the University is recognized. Students came from all walks of life and traveled from as far away as Hatchet Bay in the North, and Bannerman Town in the South to Rock Sound for classes. Programme participants also received a stipend to defray the cost of commuting and other personal expenses.

Nora Smith, a manager at the picturesque Jack’s Bay Club, yearned to increase her skills.

“I would recommend this programme to anyone because The Bahamas is known as a tourism destination. Taking this course in tourism and hospitality, can help me to go far in dealing with tourists daily in my workplace,” she said.

Graduate Javonne Richards appreciated the comprehensive curriculum and the ease of access to the courses that were offered.

“This programme not only fills a gap in our Eleuthera education offerings, but also equips participants with the tools and knowledge needed to thrive in dynamic work environments,” he noted.

Director General of Tourism Mrs. Latia Duncombe, who delivered the keynote address at the graduation ceremony, shared three essential qualities for successful tourism professionals: energy, creativity and a welcoming personality.

“Your fresh perspectives and innovative ideas are invaluable to creating unique, unforgettable customer experiences,” said Mrs. Duncombe. “While technology such as Artificial Intelligence, also have a role to play, human interaction remains essential.”

Minister of Works and Family Island Affairs and Member of Parliament for Central and South Eleuthera the Honourable Clay Sweeting commended the partnership that is supporting community growth.

“I am proud of every Eleutheran who came from near and far to take advantage of this opportunity,” said Minister Sweeting. “As Eleuthera’s economy continues to grow, especially in Central and South Eleuthera, I encourage more corporate partners to invest in the local community in innovative ways, like the University of The Bahamas and Disney Cruise Line have, so that we can continue to strengthen our local communities.”

Two additional cohorts will be offered this year, increasing the pipeline of Eleutherans who are optimally skilled as hospitality and tourism ambassadors.  Registration for the summer programme will open on May 17 and the second cycle of courses begins June 17, 2024.  Fall programme dates are September 23 through November 29, 2024. To learn more about the Leading Light Programme and how to enroll, please email atynes@eleutherahambercommerce.com.

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Bahamas News

Royal Caribbean to open Royal Beach Club on Paradise Island in 2025

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FOR IMMEDIATE RELEASE

April 24, 2024

By LINDSAY THOMPSON

Bahamas Information Services

NASSAU, The Bahamas – The Government entered into a Heads of Agreement with Royal Caribbean International, followed by a Ground Breaking Ceremony for the construction of Royal Beach Club on Paradise Island, at an estimated $165 million.

The agreement was signed on Monday, April 22, 2024 during a press conference at the Office of the Prime Minister.

According to Deputy Prime Minister and Minister of Tourism, Investments and Aviation the Hon. Chester Cooper, the project will further enhance the tourism product, on the heels of an estimated 9 million visitor arrivals.

He deemed it “an eventful day” with a reliable partner in RCI of more than 50 years with The Bahamas, and the continued confidence that investors have in the tourism product and economy.

He said it is a partnership with “excellence experiences” as he delighted in the fact that there will be more for the 25,000 cruise ship guests in port.

Also on hand for the activities to seal the agreement were Prime Minister and Minister of Finance the Hon. Philip Davis; Minister of Health and Wellness, the Hon. Dr. Michael Darville; Minister of Energy and Transport, the Hon. JoBeth Coleby-Davis; Attorney General and Minister of Legal Affairs, Senator the Hon. Ryan Pinder; Director of Investments Phylicia Woods-Hanna; executives of Royal Caribbean International and Royal Caribbean Group, and other officials.

“With the signing of this Heads of Agreement for the development of the Royal Beach Club on Paradise Island, we embark on a $165 million project to further enhance the vitality of our tourism product,” the prime minister said.

Spearheaded by RBC Paradise Island Ltd. and PDI Paradise Ltd., subsidiaries of Royal Caribbean Cruises Ltd., the project will galvanize entertainment and recreational offerings for Bahamians and visitors alike.

The master plan for the Royal Beach Club includes pools, cabanas, and Bahamian boutiques, offering an unparalleled on-shore experience for visitors.

“This development will prove to be a monumental step forward for Bahamian inclusion in major tourism projects that will serve as a model for others to emulate,” the prime minister said.

The prime minister then underscored the importance of what the project would mean for Bahamians in the broader scope of things.

An estimated 200 jobs will be created for Bahamians. However, an opportunity is being provided for shared ownership in this development.

It is anticipated that PDI Paradise Ltd. will hold at least 51% of the shares in the Royal Beach Club, with the remaining 49 % shares being allocated to the National Investment Fund for the benefit of Bahamians.

“Through this partnership, we will provide new employment and economic opportunities for this nation. Local businesses will see their share of opportunities as well. There will be Bahamian boutiques creating avenues for small business ownership,” the prime minister said.

The project will also encompass a joint venture with a Bahamian-owned entity for the operation of a water taxi business; it will provide transportation options for guests of the Royal Beach Club, as well as other attractions in Nassau Harbour – enhancing accessibility while creating additional avenues for economic growth within the community.

“Ultimately, this project will largely be run by Bahamians, owned by the Bahamian people, and supported by Bahamian businesses.

“When we talk about the need to ensure that major tourism projects are primarily for the benefit of the Bahamian people, these are the kinds of opportunities that we are talking about,” the prime minister said.

He observed that the Royal Beach Club represents the latest successful chapter in the story of Paradise Island’s growth as a tourism mecca. Initial negotiations for the project began under the previous administration. Royal Club Beach is expected to open in 2025.

“By signing today’s agreement, we add another world-class experience to our tourism offerings. And even more importantly, we take a bold step toward greater Bahamian empowerment in the tourism industry. This is our nation, and we must ensure that, first and foremost, our service industries serve us,” the prime minister said.

He concluded, “We are more optimistic than ever before about our economic prospects with tourism leading the way as our number one industry that continues to grow at a record-breaking pace.

At the ground breaking site just west of the Atlantis Resort, officials tilled the soil, marking the beginning of the construction process.

Jason Liberty, president, and CEO of Royal Caribbean Group said that events regarding the agreement “symbolize partnership, momentum, and continued economic development for so many Bahamian entrepreneurs and the entire community.

“We are grateful to our partners for their support, especially the Bahamian government, who stand with us here today in celebration of what is to come.”

 

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