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Grand Bahama Minister states tourism growth experienced on island

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#Nassau, June 27, 2019 – Bahamas – Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. J. Kwasi Thompson, on Monday, June 24, stated that while growth has been experienced over the past year, much more is expected.  Minister Thompson was making his contribution to the 2019/2020 Budget Debate in the Senate.  

There has been an increase in air arrivals in January, February and April of 2019; and for the calendar year of 2018, air and sea arrivals were up by 9.1 percent, he said.

There has also been an increase in exemption totals, since the increased duty allowance to $500 last year.  “Every dollar exempted, is a dollar saved by Bahamians either to buy more goods or to keep in their pockets.”

He also noted that there has been slight decrease in the unemployment numbers for Grand Bahama. “The latest Labour Force Survey which provides an indication of employment numbers between May 2018 and November 2018.

“Grand Bahama showed a significant decrease in the unemployment rate, from 12.4% to 11.9%.  It is the first time since 2008, the year which we commonly refer to as the modern day Great Recession, that the employment rate decreased below 12%.”

He continued, “It is also important to highlight that the number of discouraged workers also fell in Grand Bahama at a rate of 9.8%. This is a good indication that not only are more people finding employment but more people are hopeful of finding employment. These are two very good results for Grand Bahama.

“We are therefore motivated to work even harder. We also recognize that while the numbers show that generally things are getting better, we know things are not getting better for everyone. We all have a lot more work to do until we fulfil Grand Bahama’s true potential.”

Minister Thompson also referenced major tourism developments lined up for the island.   The Proposed ITM/ RCL investment – sale of Grand Lucayan and upgrades to the Grand Bahama Cruise Port. He said, “The signing of a Letter of Intent confirmed the agreement to enter into exclusive negotiations with Royal Caribbean International and the ITM Group for the purchase of the Grand Lucayan Resort and the redevelopment of the Freeport Harbour into a cruise port of choice. These negotiations have been taken place since April.

“Since creating Lucayan Renewal Holdings Ltd., the government has made it a priority to seek out the best purchaser for the 217-acre Grand Lucayan Resort in an effort to breathe new life into the island’s economy and create new employment opportunities for Grand Bahamians.

“What makes this joint venture project between RCI/ITM unique and exciting is it aims to combine the redevelopment of the Freeport Harbour as a cruise port of choice and transform the Grand Lucayan Resort into a theme park, featuring water-based family entertainment, with dining, gaming and entertainment options, and 5-star hotel accommodations. 

“Significant demand for both airlift and sealift to the destination is being created including the unleashing of much needed economic opportunities. The redevelopment of the Freeport Harbour is anticipated to include significant increase in cruise ship arrivals bringing an additional approximately 2 million passengers annually with the addition of multiple cruise lines calling on Grand Bahama.”

It is anticipated that some 2,000 jobs are expected to be created in the first phase.

Turning his attention to the much anticipated Carnival Cruise Port, Minister Thompson noted that this will be built on 329 acres of land and once completed, Grand Bahama will be home to Carnival’s largest cruise port to date, which will be able to accommodate up to six vessels at any given time. “Carnival has created a new website dedicated to the project [that it describes as such]: ‘The Grand Port project will be located at the Sharp Rock site, ensuring convenient movement between the cruise port and the main population center of Grand Bahama, which is just a few minutes away. This will generate considerable commercial activity on-island, further to the obvious impact of additional cruise calls.  The expanded commercial activity will allow the whole island to benefit from this development. The project will be designed and maintained to showcase the natural beauty and culture of the island.   It will reinvent Grand Bahama as a destination.’ ”

By Robyn Adderley

Release: BIS

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OVER 209,000 BAHAMIANS TO DECIDE NEXT GOVERNMENT IN TUESDAY’S GENERAL ELECTION

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Polls open nationwide as rallies, controversy and endorsements close heated campaign season

 

The Bahamas, May 11, 2026 – Temperatures across The Bahamas on Tuesday, May 12 are forecast to reach a high of 87 degrees Fahrenheit, with “feels like” temperatures expected to climb even higher — but the heat is not expected to disrupt the flow of voters to polling stations which open nationwide at 8 a.m.

More than 209,000 registered voters are expected to cast ballots in the country’s 2026 General Election, which will determine who forms the next government of the Commonwealth of The Bahamas.

Polling stations across New Providence, Grand Bahama and the Family Islands will remain open until 6 p.m., with all 41 House of Assembly seats being contested in what has become one of the country’s most energetic and closely watched election campaigns in recent years.

The governing Progressive Liberal Party and the opposition Free National Movement are fielding full slates of 41 candidates each, while the Coalition of Independents has emerged as a significant third-force movement with 40 candidates contesting seats nationwide.

Public schools throughout the country are closed Tuesday as many campuses are transformed into polling stations, while ballot boxes have already been dispatched to the Family Islands ahead of voting day.

The Parliamentary Registration Department has meanwhile reminded employers that registered voters are legally entitled to two hours off to vote in addition to their normal lunch break and has also issued guidance aimed at maintaining orderly conduct at polling locations.

The final days of campaigning transformed the country into a sea of rallies, motorcades, town halls and political events stretching from Exuma and Long Island to Abaco, Bimini, Eleuthera, Andros, Inagua and Grand Bahama.

The PLP closed its campaign with the message “Choose Progress,” arguing the Davis administration has strengthened the economy, expanded social support and advanced national development projects.

The FNM campaigned heavily on accountability, affordability and governance reform under the slogan “We Work for You,” while the Coalition of Independents sought to position itself as the country’s disruptive alternative with the declaration: “Change ain’t coming — change is here.”

The campaign season also drew international attention with former NBA player and businessman Rick Fox attracting celebrity endorsements from basketball legend Shaquille O’Neal, actress Vanessa Williams and reggae icon Buju Banton through widely circulated video messages.

Adding further unpredictability to the race are at least 13 independent candidates contesting seats across the country, including former Prime Minister Dr Hubert Minnis in New Providence’s Killarney constituency, former Cabinet Minister Frederick McAlpine in Grand Bahama’s Pineridge constituency and Leroy Major in Southern Shores on New Providence — all seeking to break through the dominance of the country’s traditional party structure.

Meanwhile, election officials faced controversy in the campaign’s final hours after confirming that fewer than 150 voters, around 1 percent of electors had been mistakenly omitted from the register but would still be allowed to vote Tuesday — a decision questioned publicly by FNM Leader Michael Pintard amid broader concerns over voter integrity and election procedures.

Despite the political tensions, election officials say preparations are complete.

By Tuesday night, Bahamians are expected to know whether the PLP secures a second consecutive term, whether the FNM returns to office, or whether independents reshape the country’s political landscape.

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

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BAHAMAS RATING UPGRADE: A WIN—BUT NOT A FREE PASS

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The Bahamas, May 4, 2026 – With elections days away, The Bahamas has picked up a headline-friendly win: a credit rating upgrade.

Here’s the one-liner that matters most:

A higher rating can mean cheaper borrowing for the government—over time.

That’s the upside. When lenders see less risk, they demand lower interest. That can ease the cost of financing big projects and managing national debt.

But that’s only part of the story.

Moody’s Ratings has upgraded The Bahamas to Ba3 from B1, citing stronger fiscal discipline, improved liquidity and a more stable funding strategy. It also points to better tax collection, controlled spending and continued strength in tourism as key drivers.

Moody’s expects the government to maintain solid primary surpluses—essentially bringing in more than it spends before debt payments—and projects national debt to decline from 72.5% of GDP to around 68% by 2027.

That’s progress.

But here’s the reality check.

The Bahamas is still below investment grade. In plain terms, the country remains in speculative territory, meaning investors still see a higher level of risk compared to more stable economies.

Debt, while improving, is still elevated. And the economy remains heavily dependent on tourism—a sector that can shift quickly with global conditions, weather events or geopolitical shocks.

Even Moody’s signals that more work is needed. Further upgrades depend on:

  • sustained reductions in debt
  • improved debt affordability
  • and continued access to favourable financing

So while the upgrade reflects real gains, it is not a finish line.

It is a signal that the country is moving in the right direction—but must stay disciplined to keep that momentum.

For voters heading to the polls, the takeaway is simple:

The Bahamas has strengthened its financial position—but the fundamentals still need work.

The progress is real.

The challenge now is to make it last.

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

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VOTES SAFE, SAYS PRD AFTER BALLOT BOX FIASCO VIDEO

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The Bahamas, May 4, 2026 – The Parliamentary Registration Department is assuring the public that ballots cast during advance polling remain secure, following a viral video that sparked confusion and concern in eastern Nassau.

The footage, widely circulated on social media, showed a tense scene outside Thelma Gibson Primary School, where party supporters surrounded election officials as a ballot box was escorted to a waiting vehicle under police guard. The confrontation—loud, chaotic and closely watched—left many questioning whether proper procedures were being followed.

In response, the PRD moved to clarify.

In an official statement, the Department said the transport of ballot boxes in the Elizabeth and Yamacraw constituencies was conducted in line with established protocol. It explained that once polling concludes, the Presiding Officer is required to return sealed ballot boxes to the Returning Officer, who—accompanied by a senior police officer—then transports them to the Parliamentary Commissioner.

The PRD said it is satisfied that Returning Officer Sonia Culmer adhered to those procedures and that the ballot boxes remained sealed at all times.

But that account has been challenged.

PLP Elizabeth candidate Jobeth Coleby-Davis has called for an urgent investigation into what she described as alleged irregularities involving ballot handling. She claims that established procedures were breached, including the movement of sealed ballot boxes without the presence of party observers, and is urging authorities to review the matter.

The competing accounts have added to public unease following scenes that saw supporters from multiple political parties crowding officials during the transfer process, demanding clarity on what was taking place.

Individuals clad in PLP shirts, including incumbent Coleby-Davis swarmed the returning officer, police officers and the ballot boxes.  The charge was the woman in the crosshairs of the accusations was connected to the opposition FNM party.

There was nothing to validate this claim and there is no confirmed breach reported by election officials.

Ballots cast during advance polling are expected to remain secured until Election Day, May 12, when they will be merged with ballots in their respective constituencies and counted as part of the official tally.

For now, the PRD is standing firm on the integrity of the process—even as calls for further scrutiny grow louder.

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

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