Add in the $2.5mill taxpayers paid him for nothing. Treasury is broke but somehow the check cleared quickly for the PLP to take and give Gibson $2.5mill more shingles! These people are grifters, nothing more than parasites feeding off the Bahamian people. Gibson is devoid of shame or decency in trying to run again.
Not exactly true. Just from the departure tax on cruise ship visitors next year to the Bahamas, the treasury will receive $150mill. The port (half of which is owned by Bahamians like me) alone will receive $52.5mill in a passenger facility tax for each cruise visitor regardless if they leave the ship or not. Many hundreds of millions more in ancillary benefits w job creation and other taxes paid. Not all wine and roses w these cruise ships but they make a substantial contribution to the financial benefit of the Bahamas.
Just reality, Mr. Negativity. Please sit on the sidelines and leave more shares for us Bahamians who want to share in the wealth creation of this country.
Fantastic that Bahamians own half of the equity in the port. Shares in the NCP are like gold. Can’t wait for the opportunity to invest in the RCL beach club project.
I really wished Arawak X would have succeeded, as they were trying to fill a much needed void in the local capital market. However, clearly they were woefully undercapitalized and almost certainly had business model that was not viable in the Bahamas. A deeper dive into the prospectus of one of companies offered showed an absurd valuation, at least twice that of established profitable successful companies on BISX, totally out of whack for a risky start up businesses w low profit margins and high risk of failure. Even in the best case scenarios ( company survives and meets projections) investors in these companies significantly overpaid.
This PLP government has no mercy for the Bahamian people. It was their complete incompetence in failing to hedge fuel prices that led to this terrible situation, then they jack rates up jto the highest level ever in the summer heat when consumption is highest. They need to be voted out of office for this alone!
Couldn’t agree more. Amazing how when he was PM he couldn’t figure out or do anything and now out of office he has all the answers. Mr. Minnis had a parliamentary landslide mandate from the people to make substantive bold changes and he failed. No need to hear from him again, he failed us, time to move on.
DonAnthony says...
Add in the $2.5mill taxpayers paid him for nothing. Treasury is broke but somehow the check cleared quickly for the PLP to take and give Gibson $2.5mill more shingles! These people are grifters, nothing more than parasites feeding off the Bahamian people. Gibson is devoid of shame or decency in trying to run again.
On GIBSON: MITCHELL IS OUT OF ORDER – Shane: I had to work not just fly, have tea and coffee and cigars
Posted 16 October 2023, 11:15 a.m. Suggest removal
DonAnthony says...
Not exactly true. Just from the departure tax on cruise ship visitors next year to the Bahamas, the treasury will receive $150mill. The port (half of which is owned by Bahamians like me) alone will receive $52.5mill in a passenger facility tax for each cruise visitor regardless if they leave the ship or not. Many hundreds of millions more in ancillary benefits w job creation and other taxes paid. Not all wine and roses w these cruise ships but they make a substantial contribution to the financial benefit of the Bahamas.
On Cruise port predicts 20% visitor surge to over 5m
Posted 11 October 2023, 10:10 a.m. Suggest removal
DonAnthony says...
Just reality, Mr. Negativity. Please sit on the sidelines and leave more shares for us Bahamians who want to share in the wealth creation of this country.
On Cruise port predicts 20% visitor surge to over 5m
Posted 11 October 2023, 9:26 a.m. Suggest removal
DonAnthony says...
Fantastic that Bahamians own half of the equity in the port. Shares in the NCP are like gold. Can’t wait for the opportunity to invest in the RCL beach club project.
On Cruise port predicts 20% visitor surge to over 5m
Posted 10 October 2023, 4:21 p.m. Suggest removal
DonAnthony says...
I really wished Arawak X would have succeeded, as they were trying to fill a much needed void in the local capital market. However, clearly they were woefully undercapitalized and almost certainly had business model that was not viable in the Bahamas. A deeper dive into the prospectus of one of companies offered showed an absurd valuation, at least twice that of established profitable successful companies on BISX, totally out of whack for a risky start up businesses w low profit margins and high risk of failure. Even in the best case scenarios ( company survives and meets projections) investors in these companies significantly overpaid.
On ArawakX: Our ‘$70m pipeline’ is neglected
Posted 2 October 2023, 2:23 p.m. Suggest removal
DonAnthony says...
Yes, Starlink has taken over the family islands. In areas BTC and ALIV do not have fiber they can not compete w Starlink.
On Cable partners over $5m Exuma cays connectivity
Posted 28 September 2023, 3:56 p.m. Suggest removal
DonAnthony says...
This PLP government has no mercy for the Bahamian people. It was their complete incompetence in failing to hedge fuel prices that led to this terrible situation, then they jack rates up jto the highest level ever in the summer heat when consumption is highest. They need to be voted out of office for this alone!
On BPL ‘stranglehold’: Business battles up to 100% bill rises
Posted 27 September 2023, 11:06 a.m. Suggest removal
DonAnthony says...
That is not a photo of Rock Sound, Eleuthera, it is a photo of Cape Santa Maria, Long Island.
On FACE TO FACE – Hubert ‘Chippie’ Chipman: A life centred around family
Posted 27 September 2023, 10:04 a.m. Suggest removal
DonAnthony says...
Sounds like Arawak X could use some crowdfunding?
On ArawakX dismissed top investor as ‘over his head with Fintech’
Posted 20 September 2023, 4:52 p.m. Suggest removal
DonAnthony says...
Couldn’t agree more. Amazing how when he was PM he couldn’t figure out or do anything and now out of office he has all the answers. Mr. Minnis had a parliamentary landslide mandate from the people to make substantive bold changes and he failed. No need to hear from him again, he failed us, time to move on.
On DR HUBERT MINNIS: Let’s make Nassau a great Caribbean city
Posted 19 September 2023, 1:15 p.m. Suggest removal