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Crawfish oversupply to hit local fishermen
A Bahamian seafood processor yesterday confirmed that a global over-supply of lobster is driving relatively low prices for local fishermen at the opening of crawfish season.
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Abandoned property owners to fund next demolition wave
The next wave of downtown Nassau property demolitions will cost the Government nothing when they begin this weekend because the owners will cover the bill themselves, a Senator said yesterday.
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Realtors say Bimini's high end is 'red hot'
Bimini-based realtors yesterday described the island's high-end property market as "red hot" with fresh developments such as the Illa Bimini Resort and Residences emerging to meet ever-growing demand.
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AG: Gender-Based Violence Bill was potentially confusing and had dated or unnecessary provisions
ATTORNEY General Ryan Pinder said the Davis administration advanced the Protection Against Violence Bill over the previously drafted Gender-Based Violence Bill because the latter was potentially confusing and contained either dated or unnecessary provisions.
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‘Total package’: Downtown arrives on new political look
The Downtown Nassau Partnership’s (DNP) co-chair yesterday said optimism about the city’s future has hit a 30-year high with “White Knight” politics eliminated and the cruise lines no longer “calling the shots”.
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BTC: No Bahamian jobs outsourced to Pakistan
The Bahamas Telecommunications Company (BTC) yesterday asserted it “has not outsourced any Bahamian jobs” from its customer service contact centre amid staff and union fears these posts are being lost to Pakistan.
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Electric car dealer eyes eventual IPO
A Bahamian electric car dealer will likely seek to go public within the next five to seven years if planned expansion targets are hit, its new 35 percent minority shareholder revealed yesterday.
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‘Serious predicament’ with low lobster price
Family Island fishermen were yesterday said to be facing a “serious predicament” with margins squeezed by low lobster prices and high fuel costs.
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Health premiums drop $15m on COVID travel cover end
Bahamian health insurers suffered a near-$15m year-over-year decline in group premiums last year due to the Government ending COVID-19 protection plan for visitors.
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‘Gun only seen after police taped off area’
A WOMAN testified in the Coroner’s Court yesterday that footage capturing the aftermath of Deangelo Evans’ police-involved killing in 2018 was erased after police confiscated her phone, but that she later retrieved the video with the help of Evans’ father.
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World Athletics Relays 2024: From Paradise to Paris
The Bahamas will host the World Athletics Relays for the fourth time in 2024. The two-day event will get underway on May 4 and wrap up on May 5 as 32 teams will vie for a chance to qualify for the 2024 Paris Olympic Games.
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Jonquel Jones and NY Liberty continue Eastern Conference dominance
GRAND BAHAMIAN native Jonquel Jones and the New York Liberty continue to remain atop the Eastern Conference with a now 20-6 win/loss record. The team’s latest win came against the ninth-overall Los Angeles Sparks.
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Abaco Chamber pressing for abandoned building tear down
Abaco’s Chamber of Commerce president yesterday warned that the business advocacy group will press the Government to tear down Dorian-devastated properties unless their owners demolish or renovate them first.
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Debtors blame inflation and taxes for repayment struggle
Soaring living costs and higher taxes are increasingly being blamed by struggling borrowers for why they cannot meet their obligations, debt collection agencies disclosed yesterday.
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Setting sail for the future
LJM Maritime Academy held its graduation ceremony for 70 students on Saturday.
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Full scholarship for Timothy
Grand Bahama student Timothy Kemp has been awarded a full scholarship from Coca-Cola.
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Glover-Rolle: Department of Social Services recommends 129 temporary workers be made permanent
STATE Public Service Minister Pia Glover-Rolle said the Department of Social Services recommended that 129 temporary workers be made permanent, 92 of whom are currently being processed.
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BISX-listed firm ‘qualified’ for second straight year
A BISX-listed company’s top executive yesterday moved to reassure shareholders after auditors issued a “qualified opinion” on its annual financial results for the second consecutive year over the same issue.
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Electric vehicle dealer in new HQ expansion
A Bahamian electric vehicle dealer yesterday unveiled plans to expand to “a major location” and grow its workforce after becoming the first investment for RF Bank & Trust’s newly-launched private equity fund.
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‘No issues’ over Govt’s $3.5bn debt refinance
The Ministry of Finance’s top official yesterday reassured there are “no issues” over the Government’s ability to refinance some $3.466bn in debt maturing this fiscal year given its access to “credit lines”.
