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Showing posts from April 13, 2014

What are you doing for you?

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I heard of a story of a young man in Grand Bahama being counseled recently and I can only applaud the gentleman who did the counseling. The young man had apparently went to restaurant to beg for food but what he got was so much more as the business man explained that if he fed him, he would be back but explained to him the ways of the system and how to get some money and how to help himself. Then came the important question that he asked the young man, "but, what are you doing for you?" It is a wake up call for all Grand Bahama residents living here after the storms of 2004/2005 - "What are you doing for you?" Yes it has been rough but there is something you can do. Yes the government and the Grand Bahama Port Authority pose some challenges especially if you think you don't know someone important or that you are not connected to someone important. But you can do something for you. If there are no jobs, follow your passion and do what you love to do

Restructuring The Bahamian economy 1999….

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On this brand new day that we have never seen before and promises a lot I decided to take a look back. I have been promising to do this for a while but could not find the information I wanted but here it is. For many years there have been persons who suggested that the country as a whole become more diversified. Speaking at a Rotary Club meeting in January 1999 then Practice Leader of the Freeport Practice Group of Deloitte & Touche Chartered Accountants Subir Das Gupta said the economy of The Bahamas needed restructuring. At the point in time, prior to the crippling hurricanes, he said that the Bahamian economy was at a watershed point as we looked at the then Free Trade Area of the Americas. Funny enough his words were, "The national debt is escalating, unemployment remains at a high level while domestic ownership of the key tourism and financial services sector is limited." Hmmm…. He then suggested that we go from Nassau to National as he noted that th