The Bahamas Investor

The Minister of Grand Bahama, Michael Darville (pictured), says the newly created Ministry has drawn up its portfolio, identified the areas of most need and is ready to tackle the island’s challenges. “The economic crisis and lack of jobs have negatively affected a large amount of people on this island and we understand that need,” he said. “We are working very diligently to ensure that the residents who are in need have access to the services we......

...cellent) and issuer credit ratings (ICR) of “a-” of Sagicor Life Inc. (St. Michael, Barbados) and its operating life insurance subsidiary, Sagicor Capital Life Insurance Company Limited (Nassau, Bahamas). A.M. Best also has affirmed the FSRs of A- (Excellent) and ICRs of “a-” of Sagicor General Insurance Inc. (Sagicor General) (Bridgetown, Barbados) and Sagicor Life Insurance Company (Sagicor Life USA) (Austin, TX). Additionally, A.M. Best has aff......

...resident Commissioner for Mexico’s National Hydrocarbons Commission (CNH); Michael R. Bromwich, Managing Principal of The Bromwich Group and former director of the Department of the Interior’s Bureau of Safety and Environmental Enforcement; Captain John Slaughter, Chief, Planning and Force Readiness Division at the Seventh Coast Guard District, Miami; and Patrice Coholan, President, Horizon Marine, Inc. Panel discussions will include presentations......

...s community’s biggest concerns—electricity costs. Minister of Grand Bahama Michael Darville says discussions with GBPA are “ongoing” and that the government is committed to exploring alternative energy sources such as natural gas, solar power and ocean thermal energy. Grand Bahama’s industrial sector has long been challenged by the price of power on the island, with some companies running their own generators, rather than relying on the island gri......

...era Airport, medal winners Chris Brown, Ramon Miller, Demetrius Pinder and Michael Matthieu then travelled to Harbour Island for breakfast at the Tingum Village Hotel followed by a motorcade. The tour then took in the Glass Window Bridge, Gregory Town, Hatchet Bay and Governor’s Harbour, where a short ceremony was held. They then continued into Rock Sound and Wemyss’ Bight, home of Chris Brown, where a street was named in his honour. (BIS Photos/P......

...right), seated at left are Royal Caribbean International President and CEO Michael Bayley (left) and CEO of ITM Mauricio Hamui, representing the Developer; and at right, Secretary to the Cabinet Camille Johnson (second right) and Director of Investments Candia Ferguson. Standing from left: Minister Iram Lewis, Minister of State Kwasi Thompson, Deputy Prime Minister Peter Turnquest, Prime Minister Hubert Minnis, and Minister Dionisio D’Aguilar. (BI......