Thursday, June 20, 2019

#242NewsBahamas Newsletter Edition: June 20th, 2019

Faux Pa Or Flaw In Our Education System?

Dear Readers,
Unless you've been living in a cave in Mayaguana then you've probably seen the video of MICAL Member of Parliament Miriam Emmanuel struggling to enunciate the figure 7.41 million dollars while making her contribution to the budget debate. The figure represented the dollar value of loans awarded by the Education Loan Authority - ironically headed up by Emmanuel who serves as chairman.

PM Touts $8 Billion in International Investments
Prime Minister the Most Hon. Dr. Hubert Minnis announced that $8 billion in international investments have been approved as at May 2019.

That amount includes the $100 million Carnival Cruise Port for Grand Bahama, and new developments throughout the island chain, he said.

The Prime Minister was contributing to the 2019/20 Budget Debate in the House of Assembly on Wednesday, June 19, 2019.
Minister Rolle Touts MOYSC Role in Nation Building, and Indicates Need in the Family Islands
During her Contribution to the 2019/2020 Budget Debate on June 12, 2019 Minister of Youth, Sports and Culture the Hon. Lanisha Rolle said that her Ministry forms part of a strong foundation upon which The Bahamas stands.

“Firstly, it is the pivotal nexus bearing responsibility for overseeing the development of our most precious resource, our youth; second, the Ministry facilitates the growth and development of sports and recreation to the benefit of our people, which lends itself to magnifying the reputation of our country; and third, we exist to facilitate the promotion and preservation of the rich and diverse expressions of Bahamian culture,” Minister Rolle said in the House of Assembly.

Titan Funds Offer to Hit Family Islands Next Week, Interest High in Nassau with 3 Weeks+ to Go
Investar Securities Ltd. said today interest from residents in the Family Islands in the Titan Funds introduced in Nassau this week has prompted the team to speed up plans to take subscription offers to Grand Bahama, Abaco, Eleuthera, Exuma and other Family Islands.

Investar launched two investment funds June 3, the Titan Balanced Fund with minimum first investment of $500 for 100 shares at $5 each and the Titan Fixed Income Fund, aimed at the accredited investors, including institutional investors. Interest in both funds was piqued by the inclusion of a limited interest in Playtech Systems Ltd., parent company of Island Luck, allowing fund participants to share in the success of the entertainment and gaming company widely recognized as one of the most impressive business success stories of The Bahamas.
Palm Cay Hosts Real Estate Agents to final phase of the Anchorage Project
This past Wednesday real estate companies were invited to the launch of Palm Cay’s Phase V Anchorage which is the final 8 units of the very popular Anchorage condominium project within the Palm Cay resort community. According to General Manager Rob Batchelor, there are 48 Anchorage condominiums of which approximately 80% have been sold to Bahamians who have been looking to either downsize or buy a rental investment property.

Batchelor says “We are very pleased with the success of the Anchorage sales and recognize the important role the real estate community has played in believing in our product and having the confidence to bring their clients to our community.

New Governor General
The Cabinet Office announces for general information that Her Excellency, the Governor General of the Commonwealth of The Bahamas, the Most Honourable Dame Marguerite Pindling, ON, GCMG will be demitting office on 28th June 2019. Dame Marguerite served as Governor General from 8th July 2014.

The Honourable Cornelius A. Smith will be appointed as the next Governor General of The Bahamas with effect from 28th June 2019.
Bahamas Waste Supports National HIV/Aids Testing Day
For the first time in the history of the Bahamas Technical and Vocational Institute, three of its employees had the opportunity to present papers at the same international conference.

Dean of Construction Trades and Workforce Development, Alexander Darville; Chair of Information Technology, Anthony Ramtulla and Chair of Math, Archilene O’Brien, were presenters at the fourth annual international conference on technical vocational education and training (TVET) held recently in Jamaica.

The presentations were on Working to Learn a Skill: The Apprenticeship Model for The Bahamas, Information Communication and Technology Skills for a Global Economy and Making Math Understandable for TVET Students Using Technology: A Case Study of ALEKS.
Grand Bahama Marketing Agency Launches 
Talent Recruitment Arm

If you’ve turned on the television, listened to the radio or even walked through the airport then you’ve probably seen their work. With a well-established reputation for providing creative and innovative marketing concepts, the team at Barefoot Marketing has had more than two decades of experience in sourcing the best and brightest talents for various client campaigns, from the Water & Sewerage Corporation, recent #BeAHero work, to the Bahamian Brewery & Beverage Company. Now, the company is preparing to launch a new arm solely dedicated to recruiting Bahamian talent.

Sands Scratch & Win Contestants Return from Alaska!

Bahamian summers mean two things: rising temperatures, and hours at the beach with a cooler of your favorite beer. For one lucky couple, summer brought with it an all-expense paid trip of a lifetime, courtesy of the Sands Beer - the truly Bahamian Beer Company. 

Since its launch, Bahamian Brewery and Beverage Company Limited (BBB) has won the hearts of beer drinkers in The Bahamas with its line of signature products including the original Sands beer, Sands Light, Sands Pink Radler, High Rock, Bush Crack, Strong-Back brands along with Triple B Malta. Not merely content with being the country’s leading beer brand though, the Bahamian Brewery is also known as the company who gives back to its customers with amazing promotions and very cool prize offerings.

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New Providence
June 22nd, 2019
June 23rd, 2019
June 27th, 2019
Grand Bahama
June 22nd - 23rd, 2019
July 4th - 25th, 2019
  • Goombay Summer Festival 6:00pm - 12:00am at West Beach Drive
July 19th - 20th, 2019
  • Grand Bahama Regatta at Smith's Point
Family Islands
June 25th - July 4th, 2019
  • Regatta Time in Abaco
June 26th - July 4th, 2019
  • 44th Annual Five Towns Regatta Time Abaco at Regatta Committee Marsh Harbour 
June 21st - 23rd, 2019
  • Bimini Regatta at King's Highway Alice Town, North Bimini
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