Flipping Grand Bahama

With painstaking detail the Minister for Grand Bahama, Hon Dr. Michael Darville spoke to a packed room on Thursday evening in Eight Mile Rock on the already implemented business concessions that has been put in place as of July 1, 2014. So all the businesses in Grand Bahama will be able to apply for duty free concessions ... provided they have a business license and the concessions they are asking for pertain to their business. Also of great interest, the owners with these concessions can now build duty free homes. Here I have put it rather succinctly but there are some complications but this is the gist of what will be taking place. A story was ran recently in the local daily about the first person to take advantage of this new business perk. Also of great interest was the representative of the Bahamas Entrepreneur Venture Fund who spoke of the funds that will be available to those persons who are in need of help to further their business ideas. Of course there are some thin

Is the Grand Bahama Port Authority still for sale? Some years about, within the last five years, there has been a few rumours about persons who were interested in purchasing the "Port"and one that stuck out in my mind was the British Parliamentarian Lord Michael Ashcroft. This flirting idea I was made to believe was rejected. True or not, we are left to speculate. Earlier this year I was able to get my hands on another investor who wanted to purchase shares in the Grand Bahama Port Authority, I guess with the hopes of being the major shareholders promising the world. Their report was left with members of the Grand Bahama Port Authority and is called "the Flemming Strategy" which took a look at the island as it is (was in 2009) and gave their ideas which would bring in lots of money and jobs to the island, beginning with a $26 billion injection right away. The report was compiled by Global Fulfillment Services in 2008. But I wonder, what were the circumsta