Connect with us

Bahamas News

The Government Ensuring Eligible Bahamians are Afforded Opportunity to Own Land

Published

on

#Nassau, June 3, 2019 – Bahamas – Minister of the Environment and Housing the Hon. Romauld Ferreira said the Government continues to address the needs of Bahamians by ensuring that eligible Bahamians are afforded the opportunity to own land in the country.

Minister Ferreira brought remarks during the Opening of the Lionel Davis Estate, Fox Hill, Friday, May 31, 2019.  The Opening launches the Government’s third Serviced Lot Initiative.  The Housing Minister explained that the Department of Housing Engaged in a rigorous exercise to locate available land in the Fox Hill community.

“From early 2014, the technical staff at the Department commenced preliminary works to ensure this subdivision became a reality.  The land was cleared and surveyed and subdivision plans were approved.”

He added, “Once the land was conveyed from the treasurer to the Minister responsible for Housing, the necessary infrastructure was installed.”

Minister Ferreira explained that the Lionel Davis subdivision will be the model for other subdivisions to follow with the full implementation of energy efficiency aspects.

He stated that homes in this subdivision must contain provisions for the installation of a solar water heater or a minimum two kilowatt photovoltaic solar system.

The Housing Minister also noted that the Government’s Access to Affordable Homes Act, 2018, allows potential homeowners in the subdivision to apply to the Ministry of Finance for various customs duties and excise tax exemptions on building materials for the construction of single-family homes.

“Lionel Davis Subdivision is one of the subdivisions that qualifies for exemption.  So property owners in this subdivision can apply to the Ministry of Finance for building materials when they are ready to construct their dream homes.  This will reduce the cost of dream homes.  This will reduce the cost of construction.”

He said the Department of Housing will continue to ensure that Government subdivisions have a cross-section of Bahamians residing in them, including prison officers, police officers, teachers and nurses, self-employed persons including bus drivers, straw vendors, taxi operators and other private professionals.

“One of the reasons for this is that the properties are being sold at cost, which is well below market value, and will allow ordinary Bahamians to qualify for purchase.”

The subdivision is named after Fox Hillian, the late Lionel Davis a former MP for Fox Hill from 1968 to 1977. 

Also attending the event was Shonel Ferguson, MP for the Fox Hill Constituency; Permanent Secretary of the Environment and Housing Janice Miller and family and friends of the late Lionel Davis.

By Llonella Gilbert

Release: BIS

Photo Caption: Minister of the Environment and Housing the Hon. Romauld Ferreira Officially Opened the Lionel Davis Estate, Fox Hill, Friday, May 31, 2019.  The Opening launches the Government’s third Serviced Lot Initiative.  Also in attendance was Shonel Ferguson, MP for the Fox Hill Constituency. 

(BIS Photos/Kristaan Ingraham)

Continue Reading

Bahamas News

Bahamas economic growth

Published

on

Rashaed Esson

Staff Writer

The Bahamas’ economy is in good standing according to reports from the Bahamas National Statistical Institute which released the Quarterly Gross Domestic Product Series. They indicate that quarterly GDP trends for 2023 saw increases compared to 2022, a sign of recovery from the Covid 19 pandemic.

The most significant increase was 9.9 percent in the first quarter of 2023, and the industries responsible for the growth include Accommodations and food, construction and Arts.

 

Continue Reading

Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos 

Published

on

RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

 

 

Continue Reading

Bahamas News

Get your laugh on, March On show coming to Turks and Caicos with box office at IGA Friday and Saturday

Published

on

Dana Malcolm 

Staff Writer 

After resounding success in the Bahamas, hit play ‘March On, The Story of Us’ has been inundated with requests to take their show on the road, and the first location they’ll be hitting is Providenciales Turks and Caicos with tickets on sale this weekend from May 3 to 5.

Magnetic Media spoke to Gea Pierre, playwright, who told us the TCI was a natural first choice for the cast and crew. 

“We started ‘March On’ in November 2023 and it was really an opportunity for us to tell a story, the story of the Bahamas and to encompass the nations that we have an amazing relationship with like the Turks and Caicos,” she continued “We really got a lot of people calling [for the play] from [the TCI], so much so we really had to pay attention.” 

The response to ‘March On’ at home and abroad was overwhelming.

“To say it went well is an understatement, even before we opened we got calls from Canada, from all over the US with people wanting us to come and perform.” 

And take the show on the road they did! Gea and her team have launched “March On: The Tour” and will be in Providenciales to perform on May 10th and 11th. It’s the first of a number of stops which include Nassau and several US locations. 

A ticket booth will be set up from today, Friday May 3 in the foyer of IGA grocery store beginning at 1 p.m. Friday and then again all day on Saturday, allowing residents to purchase with cash. 

Online tickets are available for purchase with credit cards. Then the full team returns on Friday, May 11 for the actual showing at 8 pm and their two showings on Saturday at 4pm and 8 pm. The venue is Brayton Hall, Providenciales under the patronage of Washington Misick, TCI Premier and First Lady Delthia Misick.

Describing the close familial relationships between the TCI and the Bahamas, for many on the crew it will be like coming home Gea told us, for others it will be a treat to visit for the first time, the places that their grandparents described. 

Tickets are only $60 for general seating and $75 for VIP seating. 

Gea maintained that the team wanted to keep the show as accessible to residents as possible.

As for why you should come out and see the play, other than the great price point:

“The way that people have responded to it is non stoplaughter, people have been moved to tears because there’s some emotion. It does not only lend to Bahamians. It’s a family drama, and anyone who’s ever been a part of a family is going to get something out of it, and something moving.”

Continue Reading

FIND US ON FACEBOOK

TRENDING