‘Sand Dollar’ Isn’t Taking Off in Bahamas; Central Bank Tightens the Screws

‘Sand Dollar’ Isn’t Taking Off in Bahamas; Central Bank Tightens the Screws

Voluntary measures have failed. The Central Bank of the Bahamas directed commercial banks to expedite the adoption of the country’s official digital currency, signaling a shift from encouragement to enforcement. Known as the “Sand Dollar“, the digital currency of the Bahamas was launched officially in an attempt by financial authorities to enhance transparency and boost […]

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CFAL to facilitate Bahamas Grid Company bond offering

CFAL to facilitate Bahamas Grid Company bond offering

NASSAU, BAHAMAS — Colina Financial Advisors Ltd. (CFAL) has announced that it is facilitating a bond offering for Bahamas Grid Company Ltd. The company, formed to work alongside Bahamas Power and Light (BPL), aims to upgrade and maintain the transmission and distribution system on New Providence (the T&D System). The bond offering commenced on Monday, […]

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MP on Out Island airport fees: ‘Where’s the sky?’

MP on Out Island airport fees: ‘Where’s the sky?’

Fears have been voiced that Bahamian residents could be placed “under an economic lockdown” through the imposition of new and increased fees to pay for Family Island airport redevelopments. Adrian White, the Opposition MP for St Anne’s, asked “where’s the sky” as he urged the Government to establish a policy limit on how much Bahamian […]

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Bahamas to host CANTO 25

Bahamas to host CANTO 25

Prime Minister Phillip Davis Monday outlined his vision for digital transformation in the Caribbean, announcing also that his country would be hosting CANTO 2025. Founded in 1985, CANTO is the leading Caribbean organisation dedicated to facilitating technological and digital advancement across the region. The annual conference gathers industry leaders to forge paths in Information, Communication […]

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