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Bahamian Politics Last Updated: Oct 18, 2018 - 4:19:45 PM
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Bahamian Politics
DNA: Approach to OECD list must go beyond semantics - Oct 18, 2018 - 4:15:59 PM

The Bahamas and twenty other countries were recently singled out by the Organization for Economic Co-operation and Development (OECD) on the premise that their residence by investment (RBI) and citizenship by investment (CBI) schemes pose a high risk to the integrity of the Common Reporting Standard (CRS) regime. This adverse listing followed the analysis of over 100 CBI/RBI schemes by the OECD.

In what was termed as the clamping down on CRS avoidance through CBI/RBI, the OECD asserted that it is seeking to equip financial institutions with tools to help them identify accountholders that may misuse RBI/CBI schemes..
Bahamian Politics
DNA - Disability Rights: Access Denied - Oct 13, 2018 - 7:13:26 PM

For years we have toyed around with the words access, inclusion and human rights, often dismissing them as if they were of little to no importance in our country.  Can we collectively now get serious about it?

The inclusion of all persons within our society in nation building is essential for the success of our commonwealth. There is absolutely no reason why in 2018, persons of all abilities should not have access to all buildings within the Commonwealth of The Bahamas. It was disappointing to witness the inconvenience and frustration that individuals with varying abilities were subject to at a recent event hosted at Mount Fitzwilliam...
Bahamian Politics
Davis: No More Bad Deals, Hotel SPA Great Financial Loss To Taxpayers - Sep 23, 2018 - 3:40:51 PM

Nassau - Opposition Leader Philip ‘Brave' Davis is seeking the rationale behind the Government's move to purchase the Grand Lucaya property for $65 million, only to flip it in the short term at a great financial loss to Bahamian taxpayers.

Making his concerns known to the House of Assembly this week, Davis said if it is correct that the Government is entertaining potential purchasers and their proposals are under active review, then why ‘flush' $65 million dollars down a ‘blackhole’, incurring redundant financial loss.

“What is the Government's rationale for refusing to simply put buyer and seller together without having to acquire the hotel only to flip it in the short term at a great financial loss to the taxpayers,” Davis said...
Bahamian Politics
DNA - Grand Lucayan: Fundamental issues remain unaddressed - Sep 22, 2018 - 4:51:50 PM

While many Bahamians have reservations about the Government's decision to purchase the Grand Lucayan resort, all right-thinking Bahamians are hopeful that this investment will bring relief to Grand Bahamians. There is no victory to be derived from a failure of the Government insofar as the economy of Grand Bahama is concerned. Therefore, many looked forward to the Prime Minister’s communication in Parliament with much anticipation.

Regrettably, the Prime Minister’s communication on the Grand Lucayan purchase was disappointing and raised more doubts about the Government's actions. The presentation provided no additional or visionary details to the Bahamian people...
Bahamian Politics
Davis criticizes Resort purchase; advises that cost-effective approach should have been taken - Sep 21, 2018 - 6:10:33 PM

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Given the fact that the FNM Government has no expertise or track record of success in the hotel industry, Opposition Leader Philip 'Brave' Davis advises that they should have taken a more cost-effective and fiscally-prudent strategic approach in their move to purchase the Grand Lucayan Resort.

Davis, who was speaking recently in Parliament, pointed out that the proposed guarantee attached to the resolution that was provided, reveals that Hutchison Whampoa covenanted to keep the Lighthouse Pointe open until completion of the sale, provided that the Government pay a subsidy to cover the operational losses of the resort...
Bahamian Politics
Hon. I Chester Cooper House Contribution on the purchase of the Grand Lucayan - Sep 20, 2018 - 6:03:33 PM

Contribution To Resolution On Grand Lucayan Chester Cooper, Exumas And Ragged Island MP September 20, 2018:

Mr. Speaker, before I embark on the meat of my contribution of behalf of the people of Exuma & Ragged Island who I am grateful to represent, I begin with two statements of concern:

Firstly, I am greatly concerned about the state of Grand Bahama and her people. Grand Bahama is hurting. Plagued with high unemployment, the island needs new investment, new opportunities, new jobs and new growth...
Bahamian Politics
Davis warns Parliament that Grand Lucayan Resort Sale is "A Bad Deal!" - Sep 20, 2018 - 5:52:43 PM

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Addressing the House of Assembly this week on the Government’s push to purchase the Grand Lucayan Resort, Opposition Leader Philip ‘Brave' Davis said not only is this move a ‘bad deal,’ but the FNM administration still has not presented an Agreement Of Sale to show publicly what is being done.

Davis noted that in 2016, the former government, while cognizant of the expiration of the Hawksbill Creek Agreement (HCA), took a fundamental decision to revise relevant concessions based on bipartisan considerations and recommendations of a six-member Review Committee. The intent of this effort...
Bahamian Politics
Leader of the Opposition Statement at Monthly Press Conference - Sep 5, 2018 - 12:04:43 PM

Good morning media and good morning to all. Thank you for coming and participating in this morning’s media briefing.

A special welcome to all students to the new school year and it is our hope that you will make this an academically productive year.
 
I also had the pleasure of welcoming the students to the new primary school in San Salvador constructed under our administration, the finishing of which was slowed by this administration...
Bahamian Politics
Affordable Home Program: Another case of poor planning & execution - Sep 2, 2018 - 8:09:32 AM

Debt crisis at macro and micro levels
Not unexpected with increased taxation and stunted economic growth
Unemployment, underemployment and over leverage at root
Government out of tune with plight of the average Bahamian
Reminiscent of failed Mortgage Relief Program
Failing to plan is planning to fail

The recent revelation that only fifteen percent (15%) of the 60 applicants qualified for the serviced lots under the Government’s Affordable Home Program is a classic case study on poor planning and deficient execution. According to the Government,
Bahamian Politics
Picewell Forbes Shadow Housing Minister on FNM Housing Programme - Aug 29, 2018 - 3:26:44 PM

The picture of a Prime Minister and his Minister of Housing laying a plaque to promote the sale of a mere ten lots shows how desperate this government is for good news.  Unfortunately there is no good news there either.

First their housing programme is woefully inadequate, under resourced, if not non- existent. It is shameful that all the Housing Minister can tell us is how the majority of people who applied for their service lot programme could not qualify.

The FNM has this unfortunate way of glorying in the misfortunes of its citizens. The Minister should have instead been boasting about how they are working with each applicant to ensure that they do qualify...
Bahamian Politics
Statement from the NP Women’s Branch of the PLP on the unseemly behavior of the BPL Minister - Aug 26, 2018 - 4:18:26 PM

The New Providence Women’s Branch of the Progressive Liberal Party are appalled and cries shame on the Minister for BPL Desmond Bannister for his public savagery of the reputation of the former BPL chair, Mrs. Darnell Osbourne. The minister's statement was sexist and we condemn it.

The issue for us and the country is whether Mrs Osbourne conducted her job with probity and integrity. The issue is not her applying facial makeup...
Bahamian Politics
The Office of the Opposition Leader on the BPL crisis and announced investigation - Aug 26, 2018 - 6:41:38 AM

The recent news stories about BPL have conveyed unfortunate allegations of a culture of cronyism, favoritism, male chauvinistic behavior and corruption that too many Bahamians find absolutely shocking. To those who know firsthand the true habits of the leadership of the FNM, it is simply no surprise.
 
However, it is not our intent to offer political jabs as the issue of BPL goes beyond politics, it impacts our economy and way of life in a material way. It is clear that BPL would not be able to successfully access the international capital markets...
Bahamian Politics
DNA - BPL Debacle: Proper and Independent Investigation Needed - Aug 25, 2018 - 3:07:19 PM

BPL Debacle: Proper and Independent Investigation Needed

Issues must not be swept under the rug...

We have followed with interest the ongoing saga involving the nation’s power supply company, Bahamas Power and Light (BPL). It is an understatement to opine that the Government’s response has been underwhelming, inadequate and petty. This is unfortunate and unacceptable for an administration that professes a commitment to good governance, transparency and accountability...
Bahamian Politics
DNA: FNM Government is alien to good governance - Aug 20, 2018 - 3:07:07 PM

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The Bahamas Power & Light (BPL) debacle came to a head last week with the unceremonious removal of the Board. It was reported that the entire Board of the nation’s main power supply company was asked to resign due to their inability to agree on matters and key decisions.

The Government’s decision to ask all members of BPL’s Board to step down followed questions raised by the Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC), the Utilities Regulation and Competition Authority (URCA) and leaders of the two unions representing the workers of BPL...
Bahamian Politics
Press Conference statement by Opposition Leader on recent public issues - Aug 19, 2018 - 4:16:07 PM

Today I have called you here to challenge you and the public to demand answers from The Bahamas government, the Prime Minister and the Attorney General in particular about the conduct of his Government and the agents of the state.

It has been more than 48 hours since the affidavit I saw filed in the Shane Gibson matter made allegations of serious misconduct on the part of the prosecution.  There has been no reply from the Government.
 
At the very least this demands a word from the Government that they have not been involved in prosecutorial misconduct...
Bahamian Politics
DNA - Moody’s: Government must address fiscal policy credibility - Aug 18, 2018 - 7:06:02 PM

The recent credit opinion released on The Bahamas by Moody’s only highlighted the points that have been repeatedly raised by the Bahamian people. In maintaining our sovereign rating at Baa3 with a negative outlook, the rating agency focused on the fundamentals and prospects of the Bahamian economy under the current administration.

There were hardly any new revelations in Moody’s report that calls for the commendation of the Government. On a positive note, the rating agency acknowledged The Bahamas’ strong institutional framework, the policy credibility of the Central Bank and macroeconomic stability...
Bahamian Politics
DNA - Government Urged: Disclose strategy for Grand Lucayan - Aug 1, 2018 - 1:37:15 PM

As shown in the recently released labour force survey for May 2018, the unemployment rate in Grand Bahama remains high and the same as that recorded in May 2017. While the Department of Statistics has pegged the rate at 12.4 percent, the struggles and despair of residents of Grand Bahama cannot be captured in mere figures.

There is a general consensus that our second capital city is in urgent need of economic boost and revitalization. Hence, the Government’s efforts to attract viable investments and projects to Grand Bahama are welcomed...
Bahamian Politics
DNA - Labour Statistics: Evidence of Lack of Economic Growth Plan - Jul 29, 2018 - 2:29:43 PM
One year after the current administration assumed office, the economy remains challenged.

According to the preliminary results of the Labour Force Survey for May 2018 recently released by the Department of Statistics, there has been deterioration in macroeconomic indicators since this administration was elected.

While this is not surprising for a Government that lacks an economic growth plan, it is detrimental to Bahamians who continue to be disenfranchised and face significant hardship...
Bahamian Politics
Address by The Hon. Philip Brave Davis to delegates at one day PLP Constitutional Convention - Jul 28, 2018 - 10:33:47 PM

Opening Address by The Hon. Phillip “Brave” Davis at the Constitutional Convention of the Progressive Liberal Party (PLP) On Saturday, 28th July At The Holy Trinity Activity Centre, Nassau, Bahamas

Mr. Chairman, Mr. Deputy Leader...

Ladies and Gentlemen:

It is appropriate that we should begin with a minute of silence in memory of our beloved supporter and spiritual adviser, Bishop Rodney Roberts of Five Porches Ministries.

Additionally, since we last met in Convention, there are eminent stalwarts and revered supporters of our party who have passed on to eternal rest, including the late Basil Sands...
Bahamian Politics
Opposition Leader Contribution on Economic Empowerment Zone Bill 2018 - Jul 26, 2018 - 10:00:46 AM

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Philip “Brave” Davis, Q.C., M.P. Leader of the Official Opposition Leader of the Progressive Liberal Party Thursday, July 26th, 2018 Economic Empowerment Zone Bill 2018

Mr. Speaker

Today marks two days since we lost a great son our country, my friend and ardent supporter Bishop Rodney “Coffee” Roberts.

Bishop Roberts is one, who came from a mighty long way to reach the higher heights of accomplishment in this society...
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