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Senator Thompson Encourages 63 NTA Trainee Grads in Grand Bahama

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Bahamas, July 27, 2017 – Nassau – The government has a strategy to improve the economy of Grand Bahama by promoting entrepreneurship, said Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. Kwasi Thompson, during the graduation ceremony of the National Training Agency on Wednesday.

The event, where some 63 trainees graduated from Cohort 5, was held at A Social Affair Convention Centre.

The Minister assured the graduates that he had a message of hope that the government is working to get people working.

“We are well aware of the urgent need for jobs and economic stimulus on this island. It is what we were elected to do. For me, it is what I go to bed thinking about; it is what I wake up thinking about. It is why I pray to God for His wisdom, and guidance and His favor.

“A major part of our strategy is first, our major Tourism properties must be brought back to life. We are in continued and urgent dialogue with the principals and potential buyers for the Our Lucaya properties. We know how important these properties are to Grand Bahama. The government will not stand by and let these properties continue to cripple our economy. We will facilitate the best deal in the shortest period of time. One way or another the government will ensure that the property is renovated and opened. It is time that the government becomes the leader of our own successful destiny in this matter. This will allow you to benefit directly through employment or from smaller connected businesses.

“Port Lucaya will get more help and so for the next few months the government will step in and will be bringing activities to Port Lucaya to assist venders. I will be saying more on this on the weekend.”

The Minister also noted that he has met with the owners of Royal Oasis, and advised them that that situation cannot remain as it has.

“We will also be meeting shortly with the Grand Bahama Development Company and the Grand Bahama Port Authority on moving the real estate market and making land available for Bahamians as well as improving the look of Grand Bahama. We must first look like a vibrant city if we want to attract more investment.

“Second, investment must be allowed to freely flow in Grand Bahama. We are seeing good investment interest however; this interest cannot be allowed to bottleneck. Therefore we are opening an investment unit or Grand Bahama unit of the Bahamas Investment Authority to more efficiently process applications. We are also exploring ways of reducing government regulations and red tape in an attempt to open the floodgates of investment for Grand Bahama. The more investment the more jobs for young people like yourselves.

Third the government will develop the Spirit of Entrepreneurship in Grand Bahama. To this end the government will be assisting small businesses through Small Business Development Centres. We must move away from the attitude of finding a job rather than owning a business. I encourage you to develop an entrepreneurial spirit with the skills that you have received.”

“These centres will be located in the New Providence and Grand Bahama campuses of the University of The Bahamas. “Once fully implemented it is our vision that the Centre will be the leading driver of economic growth for small businesses by empowering entrepreneurial development throughout The Bahamas. The government will assist with training, some funding, advice on funding and helping with running the business.”

The Minister continued, “In addition we are actively working to begin the Business to Business Initiative, wherein large corporations on the island will make their daily operations and demands known to aspiring or existing small business owners. Millions of dollars leave this country and I believe we can spend some in Grand Bahama. We are talented and gifted and can provide many of the services that these large companies now export. Foreign does not mean better.

“It is the government’s hope that this information from these businesses will spark ideas in entrepreneurs and create opportunities. Your business or your skill may very well have the capacity to cater to a market or need that you had not previously considered. Just as likely, you may be inspired to create a business based on a need you had no idea existed. The first will be the Grand Bahama Shipyard.

“In the next few months you will also be hearing about our Grand Bahama Tech summit which will bring talented Bahamians from around the world to create a master plan for young entrepreneurs and small businesses to make Grand Bahama a Tech hub.

“We also have plans in Grand Bahama to work with the Bahamas Development Bank to offer funding for trained entrepreneurs for specific projects.

“We will also be supporting and facilitating training in the maritime industry to take advantage of our location and infrastructure.

Bahamas News

Fuel Pain at The Pump: Global Tensions Drive Prices Up as Bahamians Feel the Squeeze

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NASSAU, Bahamas — What should be a simple five-minute drive is fast becoming an expensive, hour-long ordeal, as rising fuel prices collide with worsening traffic congestion across New Providence.

As of early April 2026, gasoline prices across The Bahamas have climbed sharply, with motorists now paying an estimated $5.50 to over $6.50 per gallon, depending on the station and grade. The increases, seen at major retailers including Esso, Rubis and Shell, reflect a volatile global oil market driven by escalating geopolitical tensions.

The latest spike — in some cases jumping more than 50 cents per gallon within days — is being driven by uncertainty surrounding escalating tensions involving Iran. U.S. President Donald Trump has issued a direct ultimatum, warning that the United States could launch aggressive strikes on Iranian infrastructure, including power plants and key facilities, if demands are not met. While he has also expressed hope for a swift resolution, the threat of rapid escalation is already rattling global oil markets — and The Bahamas, heavily dependent on imported fuel, is feeling the impact almost immediately.

At the pumps, the frustration is real.

Drivers are now paying significantly more just to sit in traffic. Commutes that once took minutes are stretching into hour-long crawls, burning fuel with little movement and compounding the financial strain. For many residents, the issue isn’t just the price per gallon — it’s how quickly that gallon disappears.

Industry players are also bracing for impact. Higher diesel prices are expected to ripple across key sectors, including trucking, construction, and shipping — all of which ultimately feed into the cost of goods and services. In short, this is not just a fuel story; it’s an inflation story in the making.

Despite the surge, the Bahamas Petroleum Retailers Association has moved to calm fears, confirming that there is no fuel shortage. Supply remains stable, but consumers are being urged to adjust behavior — from maintaining proper tyre pressure to considering carpooling — small measures that could stretch every dollar a bit further.

Retailers, however, are not offering much comfort on price relief. While fluctuations are expected, insiders say the days of sudden price drops are unlikely in the immediate term. The “shock” increases may level off, but a meaningful decline hinges on global stability — something that currently feels out of reach.

For Bahamians, the reality is tightening: higher fuel costs, longer commutes, and a growing sense that relief isn’t coming anytime soon.

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

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FNM’S $200 CHILD SUPPORT PLAN SPARKS DEBATE AS PLP QUESTIONS FUNDING AND SCOPE

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NASSAU, Bahamas — The Free National Movement has rolled out details of its proposed $200 monthly Working Parent Child Support Initiative, but the announcement has already ignited political debate and prompted clarification from the party.

Leader Michael Pintard said the initiative would provide $200 per month to qualifying caregivers during the first two years of a child’s life, as part of a broader push to ease the cost of living for Bahamian families.

The party estimates the programme would cost between $12 million and $14 million annually, with funding to come from reducing what it describes as excessive government spending — particularly consultancy contracts.

However, the proposal quickly drew scrutiny.

The governing Progressive Liberal Party has challenged the feasibility of the plan, questioning how the payments would be sustained without increasing the deficit or introducing new taxes. The response forced the FNM to further outline its funding strategy, emphasizing that a 21 percent reduction in consultancy spending could fully finance the initiative.

The exchange has highlighted a familiar election-season tension — bold proposals versus practical execution.

Beyond the child support plan, Pintard outlined a wide-ranging policy agenda, including:

  • Removing VAT on select essential goods
  • Constructing 5,000 affordable homes within five years
  • Cutting the country’s food import bill by half
  • Strengthening enforcement against illegal immigration
  • Reforming the nation’s healthcare system

Pintard also took aim at the current administration, accusing it of mismanaging public funds and awarding more than $400 million in contracts without competitive bidding — claims which have further fueled political back-and-forth.

“The best way to pay for high-quality public services in the long run is to have a strong, efficient economy,” Pintard said, arguing that government spending must be redirected toward ordinary Bahamians.

While supporters have welcomed the proposals as timely relief for struggling families, critics remain cautious, pointing to unanswered questions around implementation, eligibility, and long-term sustainability.

With election momentum building, the debate surrounding the FNM’s plan underscores a broader reality — Bahamians are being presented with big promises, but increasingly demanding clear answers on how those promises will be delivered.

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

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COI UNVEILS FIRST 100 DAYS PLAN, PROMISING SWEEPING CHANGE AND BREAK FROM MAINSTREAM POLITICS

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NASSAU, Bahamas — The Coalition of Independents has rolled out its First 100 Days Plan, positioning it as a roadmap for rapid national transformation and a clear break from what it describes as the failures of the country’s two dominant political parties.

Leader Lincoln Bain introduced the plan during a recent public presentation, outlining a series of early actions his party says would be implemented immediately upon taking office.

At the heart of the proposal is a push to redistribute access to Crown land, a signature policy of the Coalition, which argues that Bahamians should have greater direct benefit from national resources. The plan also prioritizes the full implementation of Freedom of Information legislation, with Bain framing transparency as a cornerstone of restoring trust in government.

Additional focus areas include proposed reforms to the healthcare system, including improved compensation for nurses and medical professionals, and broader governance changes aimed at increasing accountability and reducing political control over national decision-making.

The Coalition has branded the plan as a historic first, describing itself as the only political group to present a structured 100-day agenda ahead of a general election.

But beyond the policy points, the messaging was unmistakable.

Bain and his team continue to urge Bahamians to move away from the traditional two-party system, arguing that both the Progressive Liberal Party and the Free National Movement have failed to deliver meaningful change despite decades of governance.

“The system is not working for the people,” has been a consistent refrain from the Coalition, which is campaigning on the idea of resetting how the country is governed.

While supporters view the 100-day plan as a bold and necessary shift, questions remain about the level of detail provided, particularly around costing, timelines, and how proposed changes would be executed within the existing structure of government.

Still, the rollout signals that the Coalition of Independents is seeking to position itself not just as an alternative voice, but as a ready governing option — one promising immediate action and systemic reform.

With election momentum building, the emergence of a defined 100-day agenda adds a new dimension to the political landscape, as Bahamians weigh competing visions for the country’s future.

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

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