Connect with us

Bahamas News

Government of The Bahamas & UNDP release new Report highlighting dual impact of Dorian & COVID on Micro, Small and Mid-sized Enterprises

Published

on

 

2% of MSMEs affected by Hurricane Dorian and COVID-19

Grand Bahama small biz score higher level of vulnerability than Abaco

 

#TheBahamas, February 25, 2022 – A new report offering fresh insight into the impacts of COVID-19 and hurricane Dorian on Micro, Small and Mid-sized Enterprises (MSMEs) in Grand Bahama and Abaco is now available to the Government, people and business sector of The Bahamas.

The report – Socio-Economic Impact Assessment of Hurricane Dorian and the COVID-19 Pandemic on MSMEs in The Bahamas – includes in-depth analysis from UNDP’s Multidimensional Vulnerability Index (MVI) which uncovers many layers of vulnerability of MSMEs in the face of crisis. Ranking vulnerability based on 12 indicators, the MVI scores of the MSME sector in the Bahamas are offering a more nuanced and holistic analysis of the impact of the hurricane and pandemic crises.

The Impact Assessment was commissioned by the United Nations Development Programme (UNDP) Multi Country Office in Jamaica and UNDP SURGE Data Hub Country Support Management Team and Crisis Bureau, working in partnership with the Ministry of Finance of The Bahamas and the Small Business Development Centre (SBDC), Access Accelerator, and The Organization for Responsible Governance which conducted the study.

The report is based on findings from a survey of 486 MSMEs in Abaco and Grand Bahama between November 2020 and February 2021, combined with ‘Livelihoods Meeting’ interviews, and available research on the impacts of Hurricane Dorian and COVID-19.

Key findings indicate that: 63.2% of MSMEs were affected by both Hurricane Dorian and COVID-19, with more businesses in Grand Bahama (75.2%) being affected by both the storm and pandemic, compared to Abaco where 50% of MSMEs were impacted by the hurricane alone; More than 55.2% of MSMEs in Abaco closed permanently compared to 11.6% of businesses in Grand Bahama; Grand Bahama had a higher rate of vulnerable businesses (90%), compared to Abaco (84%), based on MVI scores.

The report also provides detailed, disaggregated information on the socio-economic impacts on MSME products and services, sales and financial performance; business inputs and hours and COVID 19 adaptations and adjustments; and an assessment of the efficacy of post Dorian and COVID support interventions on MSMEs.

Recommendations for policy development focus on improving resiliency, social and economic recovery and mitigating the impact of future crises on the sector. The SBDC intends to use findings to strengthen its assistance to MSMEs in the affected islands through its Access Accelerator programme.

“In times of crisis the MSME sector must recover as quickly as possible in order to expedite economic recovery while ensuring the displaced and dispossessed can survive. UNDP remains committed to bolstering the resilience of this important sector as a part of its crisis prevention and recovery services to the countries we serve in the western Caribbean,” UNDP Resident Representative Denise E Antonio outlined.

She said with MSMEs representing 99% of Bahamas’ business licenses and 18% of Bahamas’ GDP, national capacities and access to quality data must be strengthened to ensure that the best fit for purpose crisis prevention and recovery tools and policies are employed to strengthen the resilience and sustainability of the sector.

Davinia Bain, Executive Director of the Small Business Development Centre (SBDC) said Bahamian MSMEs face an extreme challenge in recovering from the twin blows of the disruptions caused by the COVID19 pandemic and the devastation of Hurricane Dorian. “These businesses are ‘highly vulnerable’ to the ravages of the COVID19 pandemic, particularly those with two employees, which manifested the highest vulnerability rate (94%), followed by those with three to five employees (90%) and then those who are self-employed reflected the third highest business vulnerability (89%), which correspond to the vulnerability rate for the whole sample (89%). Interestingly, the analysis showed that single-employee businesses exhibit the lowest vulnerability (84%), as compared to the other business sizes. They have also proven incredibly vulnerable in the face of Hurricane Dorian,” she said.

“ UNDP’s recent assessment of the social and economic impact and efficacy of the post-Dorian and COVID support programmes on MSMEs in Grand Bahama and Abaco, together with the recommendations for policy development to improve resiliency, promote social and economic recovery and mitigate the impact of future disaster on MSMEs, help clarify what we think is the central point: Data is key to transformational government policy, particularly government policy aimed at assisting MSMEs as they seek to pivot and expand in a post-COVID19, post-Hurricane Dorian market. Understandable, usable, accessible and credible data is necessary for driving both government policy and business digitalization, and the kind of data represented by the Socio-Economic Impact Assessment (SEIA) is therefore clearly critical for both government and our clientele,” Ms Bain stated.

The report acknowledges that the unprecedented scope of the crises; the proximity of timing between the two events; and limitations of available data and government data analyses systems present a complex and challenging situation to the Government of The Bahamas as it works to develop policies, plans and resources to aid in the recovery resilience and sustainability of MSMEs

“The primary objective of these recommendations is to support the recovery and development of systems to improve the resilience of MSMEs such that they can play a greater role in the future sustainability and resilience of Grand Bahama, Abaco, and The Bahamas as a whole” the Report states.

In the aftermath of hurricane Dorian, UNDP contributed over USD one million in technical assistance services to the hurricane relief, recovery and rebuilding efforts in The Bahamas. The impact Assessment is part of a comprehensive programme of support to these efforts, now bolstered by COVID relief and recovery support. The UNDP Multi Country office located in Kingston which serves Jamaica, Bermuda, Cayman Islands, The Bahamas and Turks and Caicos Islands has a robust crisis prevention and recovery portfolio which it has leveraged over the years to support countries in times of crisis. Crisis prevention and recovery services to the MSME sector is an important plank of its technical support services.

Continue Reading

Bahamas News

CIBC Caribbean Celebrates 2026 Unsung Heroes Finalists

Published

on

Nassau, Bahamas, 22 September 2026 – Six Bahamians whose service is making a difference in communities across the country were recently celebrated by CIBC Caribbean as the bank brought together its top 2026 Unsung Heroes finalists for a special recognition event.

The 2026 finalists were Kristin Butler-Beneby, Dinola Williamson, Amanda Knowles, Tamara Clarke, Ruth Fawkes, and Jaquay Adderley.

During the event, CIBC Caribbean also announced Dinola Williamson as the first runner-up in this year’s program. Williamson is an educator and community activist who has spent more than two decades in education and leads the Family Better Together Kabbalistic Kids Club. Her community work has reached children in Englerston, Fox Hill, Acklins, Crooked Island, and Grand Bahama through mentorship and activities designed to support their holistic development.

CIBC Caribbean Head of Country Terrance Gibson said the gathering was intentionally focused on celebrating the collective impact of the finalists.

“Unsung Heroes is about recognizing the people who may not always receive the spotlight, but whose commitment is felt every day in the lives of the people and communities they serve,” he said.

“While Kristin emerged as our 2026 Unsung Hero, and Dinola as our runner-up, each nominee represents the spirit of this program. They saw needs in their communities and made the decision to act, to serve, and to keep showing up. CIBC Caribbean is proud to recognize them and to help bring greater attention to the work they are doing.”

The recognition event also brought together members of the judging panel who reviewed this year’s nominations and selected the program’s honorees. The panel comprised Olympic gold medalist Tonique Williams, Bahamas Red Cross President Edison Sumner, Guardian Lifestyles Editor Shavaughn Moss, and Organization for Responsible Governance Executive Director Matt Aubry.

During the event, each finalist spoke about the community work that led to their nomination. The judges were also recognized for lending their time and expertise to the selection process.

Gibson added, “Recognition is important, but we also hope that sharing these stories encourages others to look around their own communities, see where they can make a difference, and act.

“Our Unsung Heroes remind us that meaningful change often begins with an individual who simply decides to help.”

Continue Reading

Bahamas News

Public Hospitals Authority Foundation Donates Dialysis Machines to Princess Margaret Hospital (PMH)

Published

on

The Bahamas, September 21, 2026 – The Public Hospitals Authority (PHA) Foundation, a philanthropic organization launched in January 2024 to support public hospitals and healthcare clinics, donated eight additional dialysis machines for the PMH Renal Services unit.

Director of Foundations, Corporate and Community Relations for the Public Hospitals Authority and Executive Director of the foundation, Alana Major, said this initiative is a part of the foundation’s “Sun, Sea and Second Chances” campaign.  PHA Foundation aims to secure 30 machines for Princess Margaret Hospital.

“As of today, with this donation, we are now up to 15 machines, so we are very excited about that,” Ms. Major said.

Other members of the foundation were present, including PHA Foundation Chairman Mr. Selvin Basden, who said the foundation is committed to doing its part in fulfilling the mandate of the Government of the Bahamas.

“One of the tenets of the Government is to ensure that access to healthcare is a human right. We are committed to ensuring that, at least from our part, we can deliver on that principle,” Mr. Basden said.

The PMH Renal Services Unit dialyzes about 150 to 170 patients annually. The unit provides care for patients who have been diagnosed with end-stage kidney disease and now need renal support. Patients who receive dialysis typically come to the unit three times a week, either on a Monday-Wednesday-Friday schedule or a Tuesday-Thursday-Saturday schedule.

Head of Department for Renal Services, Dr. Thurston Carroll, said she and the unit are excited to receive the donation, as it will replace machines that are not operating optimally.

“We are particularly excited about today’s donation because, although we have 20 stations within the dialysis unit, we have an aging fleet. These new machines and new water-treatment equipment will allow us to replace some of our aging equipment so that we can continue providing services to our patients.”

Foundation representatives noted that one or two organizations are already considering making bulk donations and if it happens, the foundation may be able to secure another 10 machines or another five machines in the very near future.

PMH Deputy Hospital Administrator Angelica Lockhart-Bastian and Hospital Administrator Mr. Tevard Bastian thanked the PHA Foundation for its donation to Princess Margaret Hospital.

Also in attendance were PHA Foundation Deputy Chairman Dr. Erecia Hepburn; Foundation guest Dr. Maria Oriakhi; Chief Biomedical Engineer Mr. Theodore Nottage; Administrative Officer Ms. Appapisa Neely; and Senior Assistant Hospital Administrator Mr. Valdez Bowe.

 

By Christina Williams 
Bahamas Information Services

BIS Photos/Mark Ford

PHOTO CAPTION:

Group Photo, from left:
– Dr. Rhea Thurston Carroll, Director, Renal Services, PMH
– Nurse Kim Harris, Dialysis Nurse, Dialysis Unit, PMH
– ⁠Sister Darnell Roker, Nurse Manager, Dialysis Unit, PMH
– Mrs. Angelica Lockhart-Bastian, Deputy Hospital Administrator PMH
– Mr. Tevard Bastian, Hospital Administrator PMH
– Mrs. Alana Major, Director, Foundations, Community and Corporate Relations, PHA
– ⁠Mr. Selvin Basden, Chairman, PHA Foundation
– ⁠Dr. Erecia Hepburn, PHA Foundation Board
– ⁠Ms. Donette Danvers, Executive Assistant, Foundations, Community and Corporate Relations, PHA

Continue Reading

Bahamas News

Romer Receives Regional Leadership Award

Published

on

Miami, Florida – Director of Aviation and Deputy Director General of Tourism, Dr. Kenneth Romer was presented with The 2025-2026 Infrastructure Leadership MVP Award, during the 10th Annual Caribbean Infrastructure Forum (CARIF) held in Miami September 15-16, 2026.

According to event organizers, New Energy Events, the MVP Leadership Award is the highest individual honor in the industry and is presented to an individual who has demonstrated exceptional, strategic and visionary leadership in advancing infrastructure in the Caribbean. Chosen by an independent jury of regional industry leaders, “The recipient is recognized for their sustained impact, influence across sectors, and dedication to driving meaningful progress in policy, investment, or project delivery”, said Event Organizers.

Romer becomes only the third person from the Region, and the first from The Bahamas to receive the Leadership MVP Award, joining last year’s winner The Honourable Mia Mottley, Prime Minister of Barbados.

Represented among the Conference Speakers and present at the Award Ceremony was Minister of Energy, Utilities and Aviation, The Honourable JoBeth Coleby-Davis, who said that, “This award amplifies The Bahamas Government’s commitment to executing a vision that sets the benchmark for infrastructural investments opportunities across our archipelago while supporting exemplary Bahamian leaders like Dr. Romer, who are steering the Caribbean toward more resilient, investable, and innovative infrastructure”.

“While this award is deemed an individual honor, it is a recognition of the Bahamas’ position as a respected regional leader and more so, a reflection of the incredible talent that resides within our small, but indomitable nation that continues to punch above its weight class as the world marks the manner of our bearing”, said Dr. Romer.

Dr. Romer has been instrumental in driving post-pandemic tourism recovery alongside the transformation of airports across the Family Islands through the Government’s landmark Family Islands Renaissance initiative. Under his leadership as Director of Aviation and Deputy Director General of Tourism, the sector has embraced a strategic, forward-looking approach focused on modernizing over 19 runways and terminals, strengthening safety and resilience, expanding international and regional connectivity, and leveraging public-private partnerships to deliver world-class facilities.

Dr. Romer’s work has helped translate the National Aviation Strategic Plan into tangible infrastructure projects that are creating new opportunities for tourism, investment, entrepreneurship and economic growth across the archipelago.

In 2025, he became the first person from the Caribbean and LATAM Region to be appointed to the Board of the International Association of Airports Executives.

Continue Reading

FIND US ON FACEBOOK

TRENDING