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BAHAMAS: Economic Growth Must Be Felt by Everyone says Prime Minister

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#Nassau, January 29, 2019 – Bahamas – Economic growth must be inclusive and must be felt all across the country for all Bahamians, Prime Minister the Most Hon. Dr. Hubert Minnis said on Monday in his first Report to the Nation for 2019.

The Report, the first of three to be delivered by the Prime Minster over the next few weeks, outlined what the government is doing to boost economic growth, help create jobs and provide greater opportunity for all Bahamians.

“Expanding our economy is key to economic growth,” said Prime Minister Minnis.  “I fully understand the economic anxieties of so many Bahamians.”

A dynamic mix of Bahamian and foreign investment projects is part of the government’s strategy to drive growth and expand the economy, he said.

The Bahamas Investment Authority will be restructured to include a promotional arm, which will be used to increase Bahamian and international partnerships and foreign direct investment.

“This promotional arm will be critical for economic expansion and growth,” said Prime Minister Minnis.  “It will facilitate investment promotion tours with participation of both private and public stakeholders.”

Since mid-2017, the government has approved an estimated $3.7 billion in foreign investment projects, said the Prime Minister.  He noted that many of the projects, once approved, immediately contract Bahamian firms for legal, accounting, project management, engineering, environmental, architectural, consulting and other professional services.

Another key element in growing the economy is to do much more to help Bahamian entrepreneurs and small businesses, said Prime Minister Minnis.

The government has committed to invest $25 million toward small business support over five years. The recently launched Small Business Development Centre (SBDC) is up and running and so far, approximately 500 Bahamian entrepreneurs have had consultation or participated in seminars through the centre, said the Prime Minister.

For this fiscal year, the government has pledged support in $5.5 million for loans, grants and equity injections into Bahamian small businesses.  Together with private sector partners, the total level of support will come to just under $7 million in funding directly to Bahamian entrepreneurs and small businesses.

Of this amount, $450,000 will be spent to provide grants to young underprivileged Bahamians from throughout the country, from poor neighborhoods and poor families – to support their business aspirations.  So far through the SBDC, seven companies have been approved for funding to either begin or to expand their businesses for a collective total of $1.5 million, with more credit to be extended.

“Once these small businesses are provided with capital, they can contribute to the fabric of the economy by providing new businesses by Bahamian entrepreneurs and jobs for Bahamians,” said Prime Minister Minnis.

The government has also committed to enhanced training for aspiring entrepreneurs through the Bahamas Technical and Vocational Institute (BTVI) and the University of The Bahamas (UB), he said.

The ‘Be Your Own Boss’ (BYOB) Scholarship offers $1,000 in tuition support to students between the ages of 18 and 25, who will enroll full time in preparatory, certificate, diploma and associate degree programs, which will train them with the necessary technical and vocational skills to start a business or secure employment.

“Equipping our students with these types of opportunities will create both jobs and products to help grow the economy. We anticipate expanding this initiative in the upcoming budget,” said Prime Minister Minnis.

To help new business startups, the Ministry of Finance recently announced the roll out of a provisional business license implemented by the Department of Inland Revenue.  The provisional license allows individuals wishing to start a new low-risk business to do so in five days or less.

Once granted the provisional license, which will be valid for 90 days, businesses will be allowed to be up and running, while they work to complete the full business license process by obtaining all the necessary documents for completion.

The fee for starting a new business has also been waived, and the application process has been consolidated through one application through the Department of Inland Revenue.

“This has made the process much easier for those wishing to launch a new business,” said the Prime Minister. “We will ensure that we continue to refine the process even more.”

Prime Minister Minnis said he has also pressed his ministers to address the unacceptable amount of time it takes for Bahamians and foreigners alike to open a bank account.  He acknowledged the importance of the ‘Know Your Customer’ Rules, but said it was just as important that Bahamians be able to go to a bank and open an account with little hassle, once they have the proper identification.

“Instead of finding excuses as to why it cannot happen, I want the Central Bank, the Ministry of Finance, the commercial banks and the private sector to tell me how it will happen,” said Prime Minister Minnis.

The Prime Minister said that while the country is making economic progress and the economy is growing there is still much work to do to boost jobs, especially among young Bahamians.

“We must expand even more, and do all we can to secure our middle class and to move more Bahamians out of poverty,” said Prime Minister Minnis.

 

Release: Office of the Prime Minister

 

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Bahamas News

Inspired Abroad, Proudly Bahamian

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DEAR EDITOR,

Sometimes the best ideas come from experiences far away from home.

It was while I was living in Europe that I saw how excited people were about England’s iconic double-decker buses. It was a symbol of culture – and visitors looked forward to the ride as an experience in itself rather than just a method of transportation.

That sparked a thought: What if we brought that same excitement to The Bahamas, but made it uniquely Bahamian?

In November 2024, that thought became 2 Storeys Tours. I wanted visitors to see Nassau in a way they had not been able to before. That meant they could come straight off a cruise ship and onto a double-decker to see what makes our country what it is – to see our beautiful waters and to discover what makes us Bahamian.

We wanted to create something memorable, something visitors would associate with their Bahamian vacation, just as people associate double-decker buses with England.

The bus may catch your attention, but The Bahamas is what makes the experience unforgettable.

We also believe tourism should create opportunities for Bahamians.

We started less than five years ago with one very used double decker bus.

Now thanks to cruise ship business, we have quadrupled the size of our little fleet. We now have four shiny new red and blue buses, so we can say Welcome Ashore in style.

Depending on the season, between 70 and 80 percent of our business is cruise-passenger driven. Even during the slower season for hotels, the cruise ships arrive filled with people looking to explore historic Nassau and we are giving them the closest to a bird’s eye view as they can get. And they love it.

Turning an idea into a functioning business has been an exciting journey, but certainly not without challenges. From planning and preparation to finally seeing our buses on the road, the experience has taught us patience, perseverance, and the importance of believing in a vision.

We are proud of how far we’ve come, and even more excited about what lies ahead.

Building partnerships helped us to get to where we are today – building them further will take us to where we can reach tomorrow.

Our ambition is to make 2 Storeys Tours a recognised and trusted name in Bahamian tourism. We want to continue improving our tours, developing new experiences, embracing environmentally responsible tourism, and building meaningful relationships – and eventually take the 2 Storeys Tours experience beyond Nassau to other islands.

Above all, we want to build something that lasts.

Looking back, it’s incredible to think that an observation while living in Europe could lead to a business right here at home.

What began as an idea became a business with a purpose, and we’re only getting started.

Our inspiration came from abroad. Our passion comes from home. And our future is proudly Bahamian.

 

By: KEEVON MAYNARD

President, 2 Storeys Tours

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Federal Investigation into Florida Turnpike Tragedy that Killed Three Children of Bahamian Mother

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NTSB examining roadside assistance driver’s actions, SUV speed and seat belt use after six people perish in fiery collision

ORLANDO, FLORIDA — October 29, 2026 — Federal investigators have joined the investigation into a horrific Florida Turnpike collision that claimed six lives, including all three children of a Bahamian mother, as questions intensify over what caused the deadly crash.

The United States National Transportation Safety Board (NTSB) has confirmed that it is opening an investigation into the October 23 accident, which occurred around 9:31 p.m. near mile marker 252 in Orange County.

The agency’s involvement brings federal scrutiny to a tragedy that has devastated several families and prompted an extraordinary outpouring of sympathy and disbelief.

Among those killed were siblings Charles Milton, Jakara Milton and Dalvena Green, the three adult children of Marshall Clarke-Milton and her husband, Charles Milton Sr.

The siblings were traveling with three others to Universal Orlando’s Halloween Horror Nights, reportedly on their first trip together.

They never arrived.

FEDERAL INVESTIGATORS EXAMINE WHAT WENT WRONG

The NTSB confirmed to FOX 35 Orlando that its investigation will examine the training and performance of the roadside assistance driver, the actions of the SUV driver, including speed, and whether the occupants were wearing seat belts.

The agency investigates serious transportation accidents to identify safety failures and recommend measures that could prevent similar tragedies.

Its involvement does not establish wrongdoing by either driver.

The Florida Highway Patrol is conducting a separate investigation into the collision.

According to the preliminary police account, a Road Ranger roadside assistance truck had been parked in the highway median before its driver received instructions to assist a disabled box truck on the opposite shoulder.

As the Road Ranger moved across the northbound lanes, it collided with a 2023 Chevrolet Traverse carrying six adults.

Both vehicles left the roadway and caught fire.

All six occupants of the SUV died at the scene. The Road Ranger driver survived with minor injuries.

MOTHER CHALLENGES EARLY ACCOUNT

Witnesses reportedly told investigators that the SUV was traveling at high speed without its headlights illuminated.

However, those observations have not been established as the definitive cause of the collision.

Clarke-Milton has challenged suggestions that her children or their companions were responsible, urging investigators to examine the evidence before reaching conclusions.

She wants investigators to establish the SUV’s actual speed and determine whether its headlights were operating.

The family’s concerns underscore the importance of the continuing investigations, particularly given the movement of the roadside assistance vehicle across active highway lanes.

ALL THREE CHILDREN LOST

For Clarke-Milton, the investigation unfolds against an almost incomprehensible personal tragedy.

She lost all three of her children simultaneously.

In an emotional interview with FOX 35 Orlando, the grieving mother described the terrible feeling that overcame her when she could not reach them.

“My heart sank,” she said, recalling the moment she feared her children were involved.

The siblings were among six people whose lives ended during what should have been an enjoyable evening together.

The other victims included Timothy Williams and Shawn Palmer. A sixth person’s identity had not been publicly confirmed in the latest reports reviewed.

The family’s heartbreak has resonated across The Bahamas and beyond, with expressions of sympathy accompanying calls for answers.

SEARCH FOR ANSWERS CONTINUES

The Florida Highway Patrol has indicated that a crash report is expected within approximately ten days of the accident.

The NTSB’s investigation will examine broader transportation safety concerns, including the operation of roadside assistance vehicles and the circumstances surrounding the collision.

For the grieving families, the findings cannot reverse the tragedy.

But they may establish what happened on that stretch of Florida’s Turnpike and whether anything could have prevented six people from losing their lives.

For one Bahamian mother, the loss is especially devastating.

Three children left for an evening of entertainment. Not one came home.

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Bahamas Issues Cybersecurity Alert Over Akira Ransomware Threat

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Nassau, The Bahamas, October 22, 2026 — The National Computer Incident Response Team of The Bahamas (CIRT-BS) has issued a cybersecurity advisory warning businesses, government institutions and other organisations about the growing threat posed by Akira ransomware, a cybercriminal operation capable of stealing sensitive information, disrupting networks and demanding ransom payments.

Active since March 2023, Akira operates through a Ransomware-as-a-Service model, with affiliates exploiting weaknesses in computer networks to gain unauthorised access.

Once inside, attackers can steal confidential data, disable recovery systems and encrypt files, preventing organisations from accessing critical information.

Particularly concerning is Akira’s use of double extortion, threatening to publish stolen information unless victims pay. Some attacks involve data theft without encryption.

The October 22 advisory identifies vulnerabilities involving Cisco and SonicWall firewalls, VPN services, Microsoft Remote Desktop Protocol, Veeam backup systems and outdated Windows and Linux operating systems. VMware ESXi and Nutanix AHV environments are also potential targets.

Attackers may exploit unpatched software, stolen login credentials and inadequately secured remote-access applications, including AnyDesk and RustDesk.

Warning signs include unexpected administrator accounts, unusual remote logins, unauthorised software installations, suspicious backup activity, mass file changes and ransom notes.

CIRT-BS recommends immediate security updates, multifactor authentication, restricted remote access, stronger network monitoring and secure backups maintained separately from operational systems.

Organisations should also remove unnecessary internet exposure of remote desktop services, limit administrative privileges and regularly test backup restoration.

The advisory does not identify any confirmed Akira attack against a Bahamian organisation but highlights vulnerabilities that could expose institutions to serious financial and operational disruption.

Cybersecurity incidents can be reported to CIRT-BS at soc@cirt.bs or through its official website.

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