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Political risk management critical as election looms
Managing political risk was the subject of a column I wrote more than a year ago. Since then, COVID-19 has transitioned from a disruptor to a consistent and daily reality for the world. The political risk landscape has changed, as have all other risk categories, and businesses face a fragmented and different geopolitical environment. Forecasts and models may have been useful in the past, but recent events make their limitations abundantly clear. Locally, pre-emptive management of political risk is also critical as The Bahamas enters a general election scheduled for September 16, 2021.
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How long will the airline crisis last?
ActivTrades
COVID has hit the aviation industry hard. but with vaccinations progressing, airlines are optimistic and hoping for a quick recovery. That could be premature.
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‘I didn’t anticipate that’ as Hefley throws ten TDs
NOT even new Presbyterian football coach Kevin Kelley expected the record-setting offensive fireworks from his team and quarterback Ren Hefley on Saturday.
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AML targeting slash to $6.8m shrinkage
AML Foods is targeting an improvement in inventory shrinkage during its current 2022 financial year after failing to achieve the anticipated reduction during the 12 months to end-April 2021.
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Unions see ‘liveable’ wage as real goal
TRADE Union Congress president Obie Ferguson says any political party not talking about a “living wage” is out of touch with the needs of Bahamian workers.
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Jones named Kia Eastern Conference Player of Month
For the second time this season, Jonquel Jones has been named the WNBA’s Kia Eastern Conference Player of Month.
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FNM pledges BOB sell-off
The Free National Movement (FNM) yesterday pledged to sell-off the Government’s majority stake in Bank of The Bahamas if re-elected to office on September 16.
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Bahamas to face Canada, US Virgin Islands and DR
TEAM Bahamas will face Canada, The Dominican Republic, and The US Virgin Islands in the first round of qualifying for the FIBA Basketball World Cup 2023.
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‘Final approvals’ near for Disney cruise project in Eleuthera
DISNEY Cruise Line’s Eleuthera project is in the final approval stages, Prime Minister Dr Hubert Minnis announced last night, adding its Environmental Impact Assessment is under review.
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Nassau targets 62.5% increase in cruise calls
Nassau Cruise Port is projecting a 62.5 percent in monthly cruise ship calls between September and December 2021, it was revealed yesterday, with demand exceeding available berths in the Christmas run-up.
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25 more deaths as surge powers on
THE country’s top infectious diseases expert has warned The Bahamas needs “to get a handle” on a worsening COVID-19 situation, as officials confirmed 25 new COVID-19 deaths and 196 new cases over the past two days.
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Jonquel Jones ties career high 31 points
WASHINGTON (AP) — Jonquel Jones scored 21 of her career-high tying 31 points in the first half and Connecticut beat the Washington Mystics 85-75 last night for the Sun’s ninth straight victory.
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Confident in BPL $535m refinance despite election
Bahamas Power & Light’s (BPL) chairman yesterday voiced confidence that the utility’s mammoth $535m refinancing will be executed by year-end 2021 despite the potential general election interruption
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Death toll soars by 27 as Grand Bahama cases confirmed
MORE than 3,200 COVID-19 cases were recorded in August as a surge in new infections continues to plague the country.
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Peter Galanos dies, aged 80
FORMER parliamentarian and insurance businessman Peter Galanos died at his home early yesterday morning at the age of 80.
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Water Corp controversy highlights reform need
I was extremely reluctant to write this article because it is political “silly season”, and at this time whatever one says or does in our polarised country, you are then labelled as being affiliated with a certain party.
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Bahamas on path to possible FIBA Basketball WCup 2023 qualification
THE Bahamas will learn its path toward a possible FIBA Basketball World Cup 2023 qualification today when the organisation hosts the Official Draw Ceremony.
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13,000 people vaccinated in The Bahamas last week
MORE than 13,000 people were vaccinated in The Bahamas last week, according to Prime Minister Dr Hubert Minnis.
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Minnis: PLP union deal deceived Bahamians
PRIME Minister Dr Hubert Minnis has accused the Progressive Liberal Party of “deceiving” Bahamians after a Memorandum of Understanding with two umbrella labour unions exposed discord among affiliates last week.
