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How to survive in COVID-19's storm

The entire Bahamian private sector is feeling the effects of the COVID-19 pandemic, but none more so than the mortar that binds the foundation of our economy - small businesses. For micro, small, and medium-sized enterprises (MSMEs), it is more impor

Restaurant owners eye social distance strategy

Restaurant and bar owners are already plotting how their establishments can re-open in compliance with COVID-19 health and safety protocols despite some suffering revenue declines of up to 95 percent. Peter Maury, owner of the Green Parrot and Marga

WEDNESDAY UPDATE: One newly confirmed case of COVID-19

The Ministry of Heath reported on Wednesday that there is one newly confirmed case of COVID-19 in The Bahamas.

‘Totally devastating’: Water corp revenues shrink 61%

Hurricane Dorian and the COVID-19 pandemic have dealt a “completely devastating” blow to the Water & Sewerage Corporation’s cash flow with April revenues down 61 percent, its executive chairman revealed yesterday.

Pair charged after shooting incident

TWO Freeport men were charged in the Freeport Magistrate’s Court on Monday in connection with last week’s shooting incident.

The past, present and future of cash

Cash, in one form or another, has been around for millennia, being used as a means of payment and storing wealth. Throughout history large and small transactions have been carried out, using settlement methods that evolved in accordance with whatever

People are still living in hurricane shelters

WITH the COVID-19 pandemic impacting daily operations, Deputy Director of Social Services Kim Sawyer said yesterday officials are not certain when shelters for Hurricane Dorian’s victims will be completely deactivated. This includes the Bahamas Acad

Board delayed water contract for 14 months

A master plan to solve New Providence’s wastewater woes was delayed for 14 months after the then-Water & Sewerage Corporation Board sought a “sole-source award” of the contract, Tribune Business can reveal.

Strategies to thrive in our 'new normal'

I believe the greatest challenge lies in determining where we should focus the Bahamian economy so that it can thrive in the "new normal" that will emerge once the COVID-19 pandemic has passed. My concern is not only the negative impact on tourism, o

Lamar Watkins to join Mustangs in Putnam this fall

LAMAR Watkins will have the opportunity to further his athletic career with one of the top prep basketball programmes in America. Watkins will join the incoming class of the Putnam Science Academy Mustangs in Putnam, Connecticut, this fall. The for

Five newly confirmed cases of COVID-19

THE number of confirmed COVID-19 cases jumped by five to 89 yesterday, health officials said.

Bahamas downgrade hits cruise port costs

The Bahamas’ sovereign credit downgrade has increased the Nassau Cruise Port’s financing costs to a level “never” considered just 90 days ago, its top executive has revealed. Michael Maura, the cruise port operator/developer’s chief executive, told

Sydney Clarke: UAB ‘is the perfect fit for me’

As soon as the COVID-19 pandemic has subsided, Sydney Clarke is hoping that she can pack her bags and head off to Birmingham, Alabama, in August to begin her freshman year at the University of Alabama Birmingham (UAB) on a tennis scholarship.

LIFE LINES: ‘Our world has now been rocked’

So the first question is: what have we learned?

PM: Pro athletes can now resume their training

DURING his national address on Sunday on the re-opening of the Bahamian economy, Prime Minister Hubert Minnis revealed that professional athletes will be allowed to resume their training yesterday.

Dames and Lightbourne sign letters of intent

JOSHUA Dames and Bradley Lightbourne became the latest Bahamian basketball talents to announce their intention to join programmes at the Junior College level.

The vicious cycle of lockdowns, downgrades and stimulus cost

In the second of a three-part series, Hubert Edwards analyses the challenges confronting The Bahamas as it seeks to secure sufficient funding to ride-out the COVID-19 storm.

Economic vision must go beyond restarting

Preliminary estimates by the Organisation for Economic Co-operation and Development (OECD) indicate there will be at least a 45 percent decline in international tourism this year because of COVID-19. This will have negative economic implications for

Rand Memorial renovation work proceeding at 'record pace'

RENOVATION work at the Rand Memorial Hospital is proceeding at a “record pace”, with the cost estimated “well into the millions”, Deputy Prime Minister Peter Turnquest said on Friday.

Ansbacher adds $1bn by buying departing bank

A Bahamian-owned institution yesterday rescued several financial services jobs by acquiring a $1bn asset portfolio from its departing Swiss-headquartered owner.Julius Baer, which earlier this year dealt a significant blow to the Bahamian financial in

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