Candia Dames

Nassau

Managing Editor at The Nassau Guardian

Nassau Guardian Managing Editor

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Articles

FNM must not be distracted by Minnis

1 week ago | thenassauguardian.com | Candia Dames

Dear Editor,The press release by former prime minister Dr. Hubert Minnis is an effort to buy time and drum up public support and sympathy. It sets the stage for a political waiting game, if you will. Dr. Minnis simply does not know what to do. He would like to draw the Free National Movement’s (FNM) leadership into a public debate regarding its decision not to renominate him.
The Caribbean crossroads: Between global submission and regional strength

1 week ago | thenassauguardian.com | Candia Dames

Dear Editor,As the world teeters on the brink of yet another disruptive era, it is imperative that we in the Caribbean confront some uncomfortable truths – truths about our sovereignty, our strategy, and our future. The chair of CARICOM, Prime Minister Mia Mottley, recently addressed the region with a speech that painted a sobering picture of our reality: a world under stress from climate disaster, economic uncertainty, a rise in global misinformation, and a looming trade war.
OPM goes on the defensive

1 week ago | thenassauguardian.com | Candia Dames

The Office of the Prime Minister (OPM) last night doubled down on an assertion made by Prime Minister Philip Davis on Monday that the Bahamian law enforcement officers named in a US indictment last November were entrapped, and defended Davis’ immediate response to the damning allegations of cocaine trafficking on the part of those officers — insisting that he has been serious in his approach.
IMF: Severe GDP losses from climate change without adaptation

1 week ago | thenassauguardian.com | Candia Dames

If neither the public nor private sector takes preemptive measures to adapt to climate change, over the long-term, sea level rise and natural hazards would expose The Bahamas to severe losses in potential output, according to the International Monetary Fund (IMF), which assesses the likely impacts under various scenarios in a new report. IMF estimates indicate a reduction in the current potential GDP output level by about eight percent.
'We will cushion blow from tariffs'

2 weeks ago | thenassauguardian.com | Candia Dames

Acknowledging that The Bahamas is facing “new and very significant challenges” due in part to tariffs announced by US President Donald Trump, Prime Minister Philip Davis in a national address last night said he is exploring various avenues to minimize the blow to the local economy — but he was short on specific initiatives likely to have any immediate meaningful impact. The Bahamas is among the countries now subjected to a 10 percent base rate tariff on goods exported to the United States.
Positive outlook: Moody's hails progress in govt's fiscal position

2 weeks ago | thenassauguardian.com | Candia Dames

The credit rating’s agency Moody’s yesterday upgraded the outlook on the Government of Bahamas’ rating to positive from stable — a positive development that was quickly welcomed by Prime Minister Philip Davis who said “it tells the world that The Bahamas is regaining its financial footing and that the work we are doing is credible and impactful”.
10% tariffs on Bahamas exports

3 weeks ago | thenassauguardian.com | Candia Dames

The Bahamas is among the countries hit with a 10 percent base rate tariff on exports to the United States as part of President Donald Trump’s sweeping reciprocal tariffs announced yesterday — a massive escalation of his trade war. It is a move that is expected to significantly impact global trade, sending shockwaves across economies.
'Efforts were made to save BPL land deal'

3 weeks ago | thenassauguardian.com | Candia Dames

After the Davis administration took office in September 2021, Bahamas Power and Light’s (BPL) lawyers attempted to renegotiate a land deal that was not yet finalized, seeking to at least retain a portion of the land equal to the $7 million that had already been spent, but those efforts were met with silence from the vendor, the Office of the Prime Minister (OPM) said yesterday.
Ingraham urges speedier trials

3 weeks ago | thenassauguardian.com | Candia Dames

Former Prime Minister Hubert Ingraham yesterday decried the slow pace of the administration of justice in The Bahamas and applauded a judge’s refusal to allow any undue delays in the high-profile bribery case of a senior police officer, an attorney and another police officer. “I applaud the comments made by recently appointed Justice Dale Fitzpatrick when he said that he was ‘anxious about the delay in this jurisdiction. It is profound. It will crush the system’.
Super Value prepares for VAT cut on April 1

4 weeks ago | thenassauguardian.com | Candia Dames

Super Value President and Chief Financial Officer Debra Symonette said yesterday the food store chain is prepared for the coming into force of lower value-added tax (VAT) on food items, as announced by Prime Minister Philip Davis in January. “We are in the process of preparing our point of sale (POS) system for the government mandated reduction in VAT from 10 percent to five percent on edible items,” Symonette said.