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The Bahamas to Host 2024 Afreximbank Annual Meetings and AfriCaribbean Trade and Investment Forum

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The Government of the Commonwealth of The Bahamas and African Export-Import Bank (Afreximbank) have today signed the Agreement for The Bahamas to host the 31st Afreximbank Annual Meetings (AAM) and the third edition of the AfriCaribbean Trade and Investment Forum (ACTIF). The AAM will be held in Nassau, The Bahamas, from 12–14 June 2024.
 
Professor Benedict Oramah, President and Chairman of the Board of Directors, Afreximbank, said: “Afreximbank’s historic decision to hold the 31st Afreximbank Annual Meetings in The Bahamas will be the first time it has been held in the Caribbean. There is a hugely positive outlook for many African and CARICOM countries – as demonstrated by the IMF’s forecast that seven African countries and one CARICOM country will be in the top 10 fastest growing economies globally – so cementing closer links between the two regions is of clear mutual benefit to accelerate growth and prosperity.

“We are in an era where some major global economies are reaching to geopolitical tensions by restricting international trade to prioritise their domestic industries. This partial move away from the rules-based trading system, where international trade is conducted according to agreed-upon transparent, non-discriminatory, and impartial rules, threatens the longstanding reliance of African economies on global support for shared growth and prosperity. In this context, the theme for the 31st AAM and the 3rd ACTIF is ‘Owing Our Destiny: Economic Prosperity on the Platform of Global Africa.’ This theme reflects our focus on broadening the discourse to determine solutions to the challenges that affect African Caribbean economies, the policy issues required to promote growth, development and prosperity across Africa and the Caribbean, and to accelerate intra-African trade and investment flows, including with the diaspora.”
 
At the signing ceremony, which was live streamed to reach a global audience, The Honourable Philip Davis, K.C, Prime Minister of the Commonwealth of The Bahamas, commented: “Hosting both the AAM and ACTIF demonstrates the determination and commitment of The Bahamas to leverage on the shared history, identities, and cultures of AfriCaribbean nations to forge significantly greater trade, investment, and direct transport linkages. Doing so will stimulate economic growth and development, which will feed through to immensely beneficial societal impact. It is also vital that we enhance our global influence by speaking with a unified voice on matters such as securing global action to meaningfully address climate change.” 
 
In this context of an emergent Global Africa, the holding of the 31st Annual Meetings in the Caribbean, and alongside the ACTIF, is emphasising and accelerating the global opportunities for the AfriCaribbean regions. The impact of the three-day event will be heightened by the Opening Ceremony, the Presidential Plenary and high-level panel sessions. The focus will be on the emerging neo-protectionism from advanced economies and the need for Africans to pursue self-determination in the context of a global Africa that includes the Caribbean and the diaspora generally. Seminars will continue on the second day, while 14 June will be dedicated to the AfriCaribbean Trade and Investment Forum (ACTIF) and will be marked by colourful events to celebrate shared AfriCaribbean culture, as well as elevating the essence of the two regions shared socio-economic aspirations.
 
For more information about AAM 2024 and ACTIF 2024 please visit https://2024.afreximbankevents.com.

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124 HAITIAN NATIONALS REPATRIATED TO CAP-HAITIEN, HAITI

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#TheBahamas, May 21, 2024 – On Wednesday, May 15, the Department effectively executed the repatriation of a group of illegal migrants from the Lynden Pindling International Airport, New Providence to Cap-Haitien, Haiti.

At approximately 9:11 a.m., a Bahamasair chartered flight departed New Providence en route to Haiti with one hundred twenty-four (124) Haitian nationals onboard; a hundred and eight (108) adult males, thirteen (13) adult females and three (3) minors. The Department’s Deportation and Enforcement Units led the escort.

All security and health protocols were observed as the safety and welfare of our officers, law enforcement counterparts and migrants remain the highest priority.

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Introducing The Bahamas Cannabis Authority; Marijuana Bill tabled by Darville

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Garfield Ekon

Staff Writer

 

#TheBahamas, May 20, 2024 – A medical marijuana industry is set for establishment in The Bahamas, following the tabling of the Cannabis Bill, 2024, in the House of Assembly, by Minister of Health and Wellness, Hon. Dr Michael Darville, May 15.

The Minister said objective of legislation is to set up a framework to establish The Bahamas Cannabis Authority, and to regulate the of importation, exportation, cultivation, processing, manufacturing, producing, sale, possession, distribution, and use of cannabis.

He told the Assembly that the law represents a thoughtful and balanced approach and was driven by a duty to act as he referenced the number of Bahamians who are battling cancer and in need of alternative treatments for pain management and other related issues.

“The legislative package, the Cannabis Bill, 2024 is designed to introduce a controlled system of cannabis use in medical treatments. The bill establishes the Bahamas Cannabis Authority.  A regulatory body overseeing all aspects of cannabis management and cultivation and distribution.  The authority’s mandate is to ensure that cannabis production and use are safe, controlled and effectively integrated into our health care system,” Minister Darville said.

Adding that the Dangerous Drugs (Amendment) Bill, 2023 that he also tabled, reclassifies cannabis by removing it from the dangerous drug list, now recognises its potential for medical use, he said the change aligns “our nations laws” with evolving global perspectives on cannabis.

The new law makes provisions for the licensing of cannabis handlers across various aspects of The Bahamas, and Dr. Darville said the licensing is structured to prioritise Bahamian ownership, with provisions ensuring that significant control remains in the hands of Bahamian nationals, fostering local entrepreneurship and economic benefits “for Bahamians across the country.

“We are here to make a difference, to enact change, remove years of stigma and transform lives by offering alternative treatments by way of medical cannabis.  The legislation before us offers a careful, considerate approach ensuring that we prioritize the wellbeing and safety of our citizens. Let us move with compassion,” he said.

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Pinder announces Trial by Judge Alone, New Courts, Harsher Penalties in Judicial Reform legislative Package

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Garfield Ekon

Staff Writer

 

#TheBahamas, May 20, 2024 – The Bahamian Government has moved to open new courts, increase penalties for serious and violent crimes, as part of its reform of the judiciary to create efficiency in the system, and gang reduction efforts.

Outlining the administration’s legislative agenda on crime reduction, and judicial reform, Attorney General and Minister of Legal Affairs, Senator, the Hon. Ryan Pinder said in the coming months there will be the opening of the juvenile and family courts allowing “us to bring on new judges for criminal and civil matters.

“We also anticipate establishing this year a commercial court that will be focused on hearing commercial disputes to ensure that the pace of business is not impaired by delays in trials,” the Minister said while addressing the Senate on May 15.

He was presenting the second reading of the Trial by Judge Alone (Miscellaneous Provisions) Bill, 2024 and The Supreme Court (Amendment) Bill, 2024, which allows for the Supreme Court (Criminal Case Management) (Amendment) Rules, 2024.

Senator Pinder said the bills are in line with the commitment of this Government to ensure that the necessary laws are in place to facilitate the “timely and effective” administration of justice.

Stressing that the administration have been working hard this legislative session to put in place the improvements in law to address the judicial system as well as the treatment of bail for an accused, and ensuring stiff penalties for major criminal violations, he said  the Government have passed a series of legislation to facilitate trials and prosecution of criminals.

“I would suggest that we have done more on the legislative front than any former administration to address crime, and we are not done.”

“The Magistrates (Amendment) Bill increased the financial thresholds of the jurisdiction of a Magistrate to hear certain matters and adjusted the maximum penalties. The broadening of the jurisdiction of the Magistrates Court is intended to rebalance cases between the Supreme Court and the Magistrates Court in order to relieve the volume of minor disputes from the calendar of the Supreme Court,” he said.

For the magistrate’s court, he said, it is many instances the primary court for many civil and criminal cases, and especially in civil matters operating more of a small claims court, and the jurisdictional limits increased had not been adjusted in many years, and the operation of society has outpaced their limits.

The Court Services Bill empowers the judiciary to operate autonomously from an administrative point of view, by taking away oversight by central Government, thereby removing the bottleneck caused by the current system and providing further judicial independence.

For the Supreme Court (Amendment) Bill, it increases the maximum number of Supreme Court judges from 20 to 25, increasing the capacity to conduct trials in the Supreme Court by 25%.

“It is the Government’s intention that this not only contribute significantly to concluding the backlog of cases but will also give the Chief Justice the flexibility he requires to better allocated judges through the courts,” the Minister said.

The Trial by Judge Alone (Miscellaneous Provisions) Bill, 2024, to grant a right of election to persons charged with indictable offences in the Supreme Court to be tried by a Judge alone.

“We believe this is a positive legislative reform to provide yet more support for timely trials in criminal matters,” the Minister said.

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