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‘Laying the staff off worst day of my life’

A major Bahamian hardware retailer's principal yesterday said it was "the worst decision I've had to make in my life" to temporarily lay-off nearly 70 staff in response to the COVID-19 pandemic.

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Broker refutes regulator's 'ponzi scheme' assertions

A former Bahamas-based broker/dealer last night accused the Securities Commission of failing to understand a business model that the regulator had branded “akin to a ‘ponzi’ scheme”.Guy Gentile, principal of SureTrader and MintBroker International, t

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Price regulators back ‘no gouging’ on eggs

Consumer protection regulators have confirmed there is no “price gouging” on eggs despite complaints that costs have doubled in just two weeks.

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UPDATED – COVID-19: Fifth death confirmed, four new cases

SUNDAY MORNING UPDATE: Dr Judson Eneas, 72, died last night in hospital after testing positive for COVID-19, confirmed Health Minister Dr Duane Sands. He is the country's first physician to die from COVID-19 and the fifth victim of the virus.

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Grand Bahama fears there could be more

As COVID-19 cases rise in Grand Bahama, there is concern there could be more infected people in the community who do not know they have the disease.To date, there are five confirmed cases of COVID-19 on the island, which has the second-highest popula

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‘We’ll help - but don’t try to land’: Govt signals it won’t allow cruise ships to send anyone here

THE Bahamas government signalled yesterday that it will not accept people infected with COVID-19 from ships stranded in Bahamian waters despite a US Coast Guard bulletin that foreign-flagged vessels should seek help from countries in which they are registered.

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Child, nine, among new cases of infected

THE number of confirmed COVID-19 cases in the country has jumped by three to 24 and a nine-year-old girl is among the infected.

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Three more cases of COVID-19 confirmed – 24 in total

The Ministry of Health has confirmed there are three additional confirmed cases of COVID-19.

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AG: 'We were protecting vulnerable from calamity'

The attorney general yesterday pledged to “clarify” a life and health insurance order that was designed to prevent poor and elderly policyholders suffering a “catastrophe” amid the COVID-19 crisis. Carl Bethel QC told Tribune Business that the gover

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Are cruise ship sick heading here?

THE United States Coast Guard has told foreign-flagged cruise ships to be prepared to care for people with COVID-19 for an uncertain period of time at sea or seek help from countries in which they are registered.

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Bahamas faces $2.7bn tourism shutdown loss

The Bahamas stands to lose $2.7bn in tourism revenues if the COVID-19 pandemic shuts down stopover visitors for the rest of 2020, Royal Bank’s (RBC) former top Caribbean economist is warning. Marla Dukharan, analysing the pandemic’s likely impact on

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Pensive about the global order

As the world is gripped by by Covid-19 pandemic, I find myself pensive about the global political, economic and social order.

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Businesses say - we’ll need a lot more

The Government was yesterday urged to "marry health with economics" to maximise the "phenomenal gesture" of its $60m bid to safeguard up to 10,000 jobs through tax credits and deferrals.

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DPM: 'Govt running as fast as we can'

The deputy prime minister yesterday said the government was “running as fast as we can” to support Bahamians and the private sector with more than $100m in COVID-19 financial aid.K Peter Turnquest urged the private sector to have patience with the ne

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Bahamas must 'keep economic patient alive'

The Fiscal Responsibility Council’s chairman yesterday said the Government needs to “keep the patient alive” and prevent the COVID-19 crisis from collapsing the Bahamian economy. Kevin Burrows told Tribune Business he felt the government has suffici

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INSIGHT: A delicate balance of minimising deaths without putting the whole country at risk

THE world, including The Bahamas, has been plunged into a state of fear, insecurity and uncertainty by the coronavirus epidemic. We congratulate our Prime Minister for taking the bold stand of setting up a curfew and restriction of movement in response to this national challenge. A leader must be informed, willing to take risks and, above all, able to exude calm. The Prime Minister fulfilled these three characteristics.

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VAT, business licence filings back to April 15

The government has pushed back the deadlines for March’s VAT filings and business licence fee payments until April 15, a senior official confirmed yesterday. Marlon Johnson, the Ministry of Finance’s acting financial secretary, told Tribune Business

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Joshua Dames gets offer from the Bulldogs

JOSHUA Dames has begun to garner attention from major Division I basketball programmes and received his first offer of what is expected to be an active recruiting process.

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DPM: Bahamas faces 'deep, stark' recession

The deputy prime minister yesterday warned The Bahamas faces a “very deep and stark recession”, and urged it to brace for “major problems” if the COVID-19 crisis continues beyond summer.

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Port's 50% tariff slash 'for masses, not few'

Nassau’s main commercial shipping port yesterday pledged that slashing all tariff rates by 50 percent for the next month will ease the COVID-19 pain for “the masses rather than the select few”.