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Retailers enjoying rebound in Independence Day sales
Retailers yesterday said Independence Day sales are much stronger than last year with one reporting a 10 percent year-over-year increase.
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FACE TO FACE: Watch your back, ‘Brave’ – AJ’s one for the future
I am currently in the Berry Islands enjoying the tranquil life and getting to know some of my husband, Victor Valentino’s family. This weekend was a very sombre one for us as the family matriarch, Albertha Canter-Murry was laid to rest along with her son, Livingston Devon Pratt.
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‘Govt erring on side of caution over mask mandate’
DOCTORS Hospital chief executive officer Dr Charles Diggiss said he believes the government is erring on the side of caution in deciding to generally maintain its mask mandate.
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Cable beats target by $50m on ‘largest ever refinancing’
Cable Bahamas yesterday revealed it beat its preference share rollover target by $50m as it hailed completion of “the biggest refinancing the market has ever seen”.
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Super Value transport budget up 47% as gas prices strike
Super Value’s principal yesterday said shoppers have “cut back drastically” on luxury items to make every dollar count, while revealing the supermarket chain’s own transportation budget has soared 47 percent.
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Foreign reserves stay over $3bn despite May decline
The Bahamas’ foreign currency reserves closed May 2022 above $3bn despite a $65m drop-off during the month, with the Central Bank reiterating its belief that they remain “more than adequate” to sustain the US dollar peg.
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Collateral Registry hailed as a ‘tremendous move’
The Central Bank’s plan to boost small business access to financing by creating a movable Collateral Registry was yesterday hailed as “a tremendous step in the right direction” provided it is accompanied by the necessary training.
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Air arrivals hit 85% of pre-COVID levels
Total air arrivals to The Bahamas rebounded to 85 percent of pre-COVID numbers during April, more than doubling prior year numbers for a period that included the peak Easter holiday weekend.
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Small firms sceptical on mobile collateral registry
Small business owners yesterday voiced scepticism over the Central Bank’s plans to transform secured lending in The Bahamas by creating a movable collateral registry, arguing that efforts to aid the sector should be focused elsewhere.
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Why the secrecy on police settlements?
FREE National Movement leader Michael Pintard has called on the government to disclose the details of a lawsuit settlement concluded with two senior police officers, including the rationale behind the move.
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Sears – no decision on power pricing change
WORKS and Utilities Minister Alfred Sears yesterday said no decision has been made to increase electricity bills, however he urged Bahamians “to be more prudent” with usage given high energy costs.
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TIME FOR UNITY TO END KILLING CRISIS: Churches leader calls for national effort to combat ‘out of hand’ murders
BAHAMAS Christian Council President Bishop Delton Fernander said yesterday the recent spate of murders is cause for great concern, adding “we’ve really allowed this kind of activity to get out of hand”.
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Bahamas suffers loss to Dominican Republic
SENIOR MEN’S NATIONAL BASKETBALL TEAM IN FIBA WORLD CUP 2023 AMERICAS QUALIFIERS
Chavano “Buddy” Hield put on a show playing in front of the home crowd for the first time as a pro, but a fourth quarter rally from Team Bahamas fell just short as they lost the final game in the third window of FIBA World Cup 2023 Americas Qualifying opening round play.
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Mackey named assistant men’s basketball coach
NASHAD Mackey continues to progress in the coaching ranks and was appointed to a new post at his alma mater. The former national team standout was named the assistant men’s basketball coach for the Daytona State Falcons. He joins head coach Joey Cantens’ staff that led the Falcons to a 13-19 record last season in NJCAA Division I - Region Eight play.
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INSIGHT: No excuses, just look at the numbers - and they keep on rising
THE highest murder count The Bahamas has ever recorded was 146 in 2015 – as of Friday, with the first six months of the year having passed, the total stood at 74. If we keep on that rate, the country will be setting an unwanted new record.
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EDITORIAL: Blood on our streets, silence from our leaders
WHEN it comes to the topic of crime, and especially the ongoing spike in murders the country is experiencing, there are three stories to particularly pay attention to in today’s Tribune.
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Retailers: We wanted ‘broader’ Budget cuts
Bahamian retailers have been left disappointed by Budget tariff cuts that were “not as broad-reaching as we’d have liked”, adding: “Ten percent of something is better than 45 percent of nothing.”
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Collateral Registry to ease 231% loan security burden
The Central Bank has unveiled plans for an Internet-based collateral registry that will ease Bahamian small business access to funding in a market where the security demanded is often more than three times’ the loan amount.
