Posts Tagged ‘Bahamian Politics’


Statement from The Office of The National Chairman of The Progressive Liberal Party on Baha Mar Sales Completion

Friday, December 8th, 2017

Statement From The Office Of The National Chairman Of The Progressive Liberal Party
On Baha Mar Sales Completion

With the official close of the sale of Baha Mar, the Bahamas tourism product is measurably strengthened with the addition of a world class hotel operator and developer and Bahamians have good reasons for optimism moving forward...

Statement by I. Chester Cooper MP on the post Irma recovery efforts in Ragged Island

Tuesday, December 5th, 2017

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Statement by I. Chester Cooper MP Exumas & Ragged Island PLP Deputy Leader ON December 5, 2017:

I note a story in today’s Nassau Guardian Business section that quotes an Inter-American Development Bank (IDB) official who remarked that “it doesn’t make sense” to rebuild Ragged Island because it would be too costly.

With all due respect to the IDB, that academic assessment of Ragged Island is not something that the Bahamian people should at all take seriously.

DNA: Grandstanding Hypocrites

Thursday, November 30th, 2017

The Minnis administration’s poorly constructed and unfocused Commercial Enterprises Bill has, in the past two weeks, sparked national outrage and rightly so. The legislation is a complete departure from this government’s promise to facilitate the empowerment of Bahamian entrepreneurs and instead promotes the interests of wealthy foreigners. International economic models have proven time and again that the theory of trickle-down economics being pushed by this administration simply does not work...

The DNA raises questions about Commercial Enterprises Bill (CEB)

Wednesday, November 22nd, 2017

The DNA notes that when Parliament reconvenes on Wednesday, 22nd 2017, members are expected to debate the Commercial Enterprises Bill (CEB).  The DNA supports government initiatives aimed at improving the ease of doing business in The Bahamas and making The Bahamas’ business environment more investor friendly. However, we find it curious that this legislation is being pushed ahead of other pressing matters confronting the Bahamian masses.

The CEB seeks to fast track work permit approvals and empowers the Minister (defined as the Minister of Financial Services) to usurp the powers of the Director of Immigration by granting blanket certificates for work permits to investors after meeting certain criteria...

The DNA raises questions about Commercial Enterprises Bill (CEB)

Wednesday, November 22nd, 2017

The DNA notes that when Parliament reconvenes on Wednesday, 22nd 2017, members are expected to debate the Commercial Enterprises Bill (CEB).  The DNA supports government initiatives aimed at improving the ease of doing business in The Bahamas and making The Bahamas’ business environment more investor friendly. However, we find it curious that this legislation is being pushed ahead of other pressing matters confronting the Bahamian masses.

The CEB seeks to fast track work permit approvals and empowers the Minister (defined as the Minister of Financial Services) to usurp the powers of the Director of Immigration by granting blanket certificates for work permits to investors after meeting certain criteria...

Senator Jobeth Davis’ contribution to the Constitution and Pensions Amendment Bills

Monday, November 20th, 2017

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November 2017 Contribution- Second Reading of the Constitution (Amendment) Bill and Pensions (Amendment) Bill 2017 Senator, Hon., J.L. Coleby-Davis- Opposition Senator and Shadow Attorney General, Shadow Minister of Legal Affairs, and Youth:

Madame President, Senate Colleagues, my fellow Bahamians, I am grateful to God and thank him for another opportunity to present in this place once again. I take pleasure in the opportunity to represent the Bahamian people, and I do not take these moments that I stand to advocate on their behalf lightly.

Senator Jobeth Davis’ contribution to the Constitution and Pensions Amendment Bills

Monday, November 20th, 2017

Jobeth_Davis.jpg
November 2017 Contribution- Second Reading of the Constitution (Amendment) Bill and Pensions (Amendment) Bill 2017 Senator, Hon., J.L. Coleby-Davis- Opposition Senator and Shadow Attorney General, Shadow Minister of Legal Affairs, and Youth:

Madame President, Senate Colleagues, my fellow Bahamians, I am grateful to God and thank him for another opportunity to present in this place once again. I take pleasure in the opportunity to represent the Bahamian people, and I do not take these moments that I stand to advocate on their behalf lightly.

Statement by the Progressive Liberal Party on job losses and the banking sector

Thursday, November 16th, 2017

Commenting on the continuing job losses and in particular the banking sector generally, PLP National Chairman Senator Fred Mitchell had this to say:

"It is always dreadful when men and women lose their jobs. It is an unfortunate pattern so far in this administration - job losses after job losses. The (FNM) administration thinks too often of stats and figures and not enough about people...

Komolafe: $800m Question

Tuesday, November 14th, 2017

The DNA notes the report in the Business section of The Tribune under the headline “Gov’t to raise $800m from bond markets”. According to the report, the Minnis-led administration aims to raise $800m on the international private capital markets to finance the government’s deficit for fiscal years 2016/17 and 2017/18.  If successful, the bond issue will take the government’s total foreign currency debt to an excess of $2bn or almost 40% of the total direct charge for national debt which currently stands at approximately $6.5bn.

This report if it is in fact accurate raises the following questions:Why has the government chosen international borrowing over domestic borrowing amidst elevated liquidity? ...

Komolafe: Twisted priorities of a government without a plan

Monday, November 13th, 2017

Six months into the current Free National Movement (FNM) Minnis led administration, the Bahamian people have watched with much dismay and disappointment as this administration reneged on campaign promise after campaign promise. The promise to provide relief to the masses by eliminating Value Added Tax on bread basket items, healthcare, medical insurance, and children’s clothing was placed on the proverbial shelf as soon as the election was won. The hopes of our young people for free tuition at the University of The Bahamas and opportunities for economic stimulation from proposed tax-free zones in over-the-hill communities were also dashed in one fell swoop by an administration that asserted that the “cupboard was bare”...