the government needs to hire more ppl so they can get paid

$7.3m is a lot of profits.

This is because the Port is run by the Bay St. boys even though its 50% owned by the government.

Ohhh, it also has a monopoly and is quasi subsidized by the government (capital injection).

I really feel the government should own the port so the profits can trickle down to over the hill ppl.

Once the PLP gets back and we fully turn the port over to the government then it can start making money like Water and Sewerage, BEC, Batelco, NAD, Bank of the Bahamas, Bahamas Development Bank, Post Office etc.

This will allow Turnquest to borrow more money at 9% to pay salaries.

Great to keep curb side....look how we are controlling the virus.

Adrian must be Superman!

First he is building an airport in Long Island, next he is bringing water to middle Long Island, then he is expropriating privately owned reverse osmosis plants on a number of islands, then he is forcing reverse osmosis plants to produce water without cash or profits, now he is singlehandedly building a solar energy plant in Abaco, then he gonna stop Scotia Bank from leaving long island and the other islands.

This is all gonna end really badly for the Bahamian people.

I bet you buy the time the FNM is finished in 2022 many island will be fully struggling with basic services such as light, water, airlift, banking which will probably move on to shipping. We better be careful before people start starving.

I stand corrected and hold my head in shame

high amounts of c19 deaths is very bad for tourism. best if we keep the number of deaths down and the number of c19 cases down as we start to open up on 11/1.

Wow bloggers lets get to work on this one.

I'll leave aside the questionable borrowing at horrible rates from crooked Europeans banks and focus on solar.

While Bahamian's using their dodgy European energy partners are being saddled with hundreds of millions in debt with last centuries global warming diesel power plants - America in Florida is making it very easy and simple for their energy consumers to invest in solar.

This is what Florida Power and Light is doing.

Source FPL Website:

"A hassle-free way to go solar
The FPL SolarTogetherTM program gives everyone an opportunity to be a part of the Sunshine State’s clean energy future. With this exciting new program, you can enjoy the benefits of Florida-generated solar energy, while keeping your bill among the lowest in the nation.
• Join whether you rent or own
• Get up to 100% of your energy from solar
• Fixed, low monthly charge
• Immediate bill credits
• No upfront cost or insurance
• No installation or maintenance
• Moving? Take the program with you
• Lower your carbon footprint"

50% of our foreign debt is fuel importation with the entire amount flowing through one company owned by you know who.

Probably why we can't go solar or use electric cars....with all this sun raining down on the Bahamas. On the contrary lets now drill for oil and destroy our fishing grounds.

Ok bloggers lets get to work on this one.

Who is Suez? Looked it up on the internet and can't figure out where this company is based or who owns the company. Seems extreamly international and fluid.

Why is it when we want to buy planes for BahamasAir we go to Airbus Italy ($250m). Whey when want to buy fossel fuel power plants we go to Shell in the Netherlands ($100m), why when we want to defense for boats we go to Europe? Why is it when we want to borrow $600m we go to Credit Suisse in Switerland? Why are we dealing with these types of people when they have all black listed us and now cutoff our water?

Ok on the reverse side. Who come to our rescue during Dorian? America. Who comes to our rescue during Covid19 - America.

So, when it come to money going out we go to corrupt black listing Europe but when we are being wiped out by hurricanes and pandemics we look to America. When we need tourist we look to america.

Why can't we deal with America? The planes, boats, diesel/fossil generators and now essential water are all wrong for our islands but there must be something really nice about dealing with the Europeans and non transparent companies like Suez....wow! I never even heard about them and this contract before. They must have kept it on the down low.

America has a law called the Foreign Corrupt Practices act which stops American companies from paying kickbacks to foreigners.

Well put Bonefish. “ Bahamians love politics and power but don't understand governance and management.”

Canada 🇨🇦 is a beautiful country and most educated young Bahamians that go there never return to the Bahamas if they can take the cold.

C2B. You got it half right. Yes a 50% devaluation would occur but the rich Bahamians will get even wealthier because the bulk of their funds are in hard currencies safely in Europe.

Income tax on the wealthy will dramatically improve the governments finances, which seems to be the only thing Turnquest is worried about. The rich foriegners will simply give up their Bahamian permanent residencies and live here less than 3 months a year. We will get off the European black list for sheltering tax exiles.

The OECD was to see Bahamian IBCs pay tax not ppl. Anyone with any money has it in corporations. The tas residence certificate is a nonsense ... who Dey tryin to fool? Da oecd, lol.

If wealthy Bahamian ppl paid large amounts of taxes they would suddenly become more interested in governance Rather than leaving it up to the poor and uneducated and untraveled to govern.

Most poor ppl run for parliament to make a living or a massive amount of money through connections with foreign investors.

They forget about over the hill once Dey reach.

SP. I agree with you 100%.

In canada they have just revoked the work permits of many maids who came in from other european countries.

Once that was done, numerous maid jobs paying $20 an hour were taken up by white canadian college students.

These were good paying jobs due to good government regulation.

foreigners love fillipiono worker because they work 18 hours a day 7 days a week for $250 plus room and board. that is slavery. no matter what the race.