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Obit

AGNES ANN SANDS

Funeral Services for AGNES ANN SANDS, 80 Services will be held at St. Luke’s Anglican Church, Rock Sound, Eleuthera, The Bahamas on Saturday, 7th July, 2018 at 10:30 a.m. Officiating will be Reverend Fr. Bradley H. Miller, assisted by Deacon …

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North Andros hotel hopes for 85% regatta retention

A North Andros  hotel yesterday voiced hope that “at least 85 percent” of visitors scheduled to attend this weekend’s postponed homecoming will still come out when it is held later this month.

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On deck and close to the action at the Battle of Jutland

101 years ago this weekend, Lt Robert Tatton Bower, of the Royal Navy, wrote a letter to his father, giving a first hand account of the largest World War 1 naval battle from aboard HMS Inconstant. Lt Bower’s descendants have Bahamian connections: his son Paul, came to the islands and was Publisher of The Nassau Guardian while his grandsons, Nigel and Bobby, are known business figures in Nassau.

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Coleby and Happinets extend winning streak to five games

KADEEM Coleby and the Akita Northern Happinets extended their winning streak to five games and have won 10 of their 12 games in the month of December to re-enter the playoff picture.

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Rolle soothes fears over Bimini dredging damage

KHAALIS Rolle, Minister of State for Investments, yesterday sought to allay fears that dredging activities by a private developer in North Bimini will harm the environment.

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Getting set to run for Pompey

IN trying to bolster the country’s sports tourism calendar and add more of a historical flare to National Heroes Holiday, BAF Financial and Insurance Limited announced plans for the inaugural Run for Pompey race weekend scheduled for October in Exuma.

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NTA director fires back over $22m apprenticeship programme criticism

The National Training Agency’s (NTA) has shot down Opposition criticism that the Christie administration’s revamped $22m apprenticeship program is merely a retread of the Ingraham administration’s 52-week jobs programme, telling Tribune Business: “We have raised the standard.”

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Cotton Bay revival targeting $12m yearly wage, tax boost

REPRESENTATIVES of the developer behind the Cotton Bay Club’s $200m revival have forecast that the project will generate an annual $12m economic impact in wages and taxes alone when fully operational.

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Minister touts other tech hub investors

A government minister yesterday replied to concerns raised by the original Grand Bahama technology hub investor by pointing to other companies attracted to the island. Senator Kwasi Thompson, minister of state for Grand Bahama, used his 2019-2020 bu

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Bahamas faces high risk economic ‘roller coaster’

The Bahamas will be on an economic “roller coaster for a significant period of time” as the US Federal Reserve and other central banks take swift action to combat inflation, a local banker warned yesterday.

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‘Fiscal hesitancy’ fear for Bahamas

A senior Caribbean financial services executive yesterday voiced concern that The Bahamas and other tourism-dependent states will suffer from “fiscal policy hesitancy” in addressing soaring post-COVID debt.

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Govt defending ‘sole source’ Customs app

A top Ministry of Finance official yesterday defended the decision to accept a “sole source” bid for the app that now allows persons to file their Customs declarations electronically prior to arrival in The Bahamas.

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Mobile commerce provider at 100,000 download mark

A Bahamian mobile commerce provider says its app has hit the 100,000 download mark through local businesses increasingly using the platform to drive digital sales.

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FNM constituency association regrets picking Chipman

The Free National Movement’s Centreville Constituency Associationregrets backing Reece Chipman’s nomination for Parliament and will not recommend he be re-nominated in 2022, association chairman Juan Cartwright told The Tribune yesterday.

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Feedback 'very light' over BISX rules changes

The Bahamas International Securities Exchange’s (BISX) chief executive yesterday said market feedback on its proposed rules changes has been “very light” ahead of the results being submitted to regulators later this month. Keith Davies told Tribune

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Ragged Island renewable electrical grid to be completed this year

THE construction of the electrical grid set to bring renewable energy to storm-ravaged Ragged Island is set to be completed this year.

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Credit unions brace for ‘heightened oversight’

The Central Bank has pledged that credit unions will be subjected to “heightened oversight” because they have “very minimal excess capital” with which to withstand a surge in COVID-related loan delinquencies.

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$300m takes island from 'industrial site to paradise'

MEDITERRANEAN Shipping Company (MSC) executives yesterday said $300m has been invested to-date in transforming Ocean Cay from an “industrial site into paradise”, with close to 130 Bahamians to be employed.The Swiss-headquartered global shipping giant

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Excise Tax snafu stymies start-up's 60 hires plan

A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.

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Hotels eye 5-7% peak winter rate increases

A leading Bahamian hotelier yesterday said resorts were looking at a 5-7 per cent year-over-year room rate increase for the peak 2013 Winter season, adding that it was “premature to ring the Doomsday Bell” over the so-called US ‘fiscal cliff’.