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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

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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.

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Bannister aiming for $500m works budget

A Cabinet minister yesterday said he will be "smiling from ear to ear" if his wish for a $500m capital works budget to improve decaying infrastructure and boost the economy is granted.

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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

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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

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Five newly confirmed cases of COVID-19

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

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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

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INSIGHT: Trump's eagerness to open up could be the last thing we need

AS the saying goes: When America sneezes, The Bahamas catches a cold. Imagine what becomes of us if that proverbial sneeze is caused by a disease that has already infected more than one million Americans. Despite being armed with this knowledge and t

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Country to move to next phase of re-opening

PRIME Minister Dr Hubert Minnis announced yesterday that the country will move today to the next phase of re-opening from the COVID-19 lockdown. He also announced that Family Islands will be gradually reopened according to zones, starting today with

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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.

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UPDATED: Police shoot dead machete attacker

A MAN who attempted to “chop” police with a machete was shot and killed by officers in Abaco on Wednesday night, officials said yesterday.

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Bridging digital divide in world's new reality

In an address to the nation on COVID-19, the Prime Minister said: “Innovation and trying new things are an essential part of what we must do at this time.” This statement was followed by Dr Hubert Minnis encouraging Bahamians to continue creating mor

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‘We’ve flattened the curve’

HEALTH Minister Dr Duane Sands said officials have managed to “flatten the curve” by having a maximum of six COVID-19 cases on any given day, but this does not mean the nation is out of the woods.

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Digital wallets can be used to pay bills

PEOPLE collecting unemployment payments at SunCash can use a “digital wallet” to pay bills as an alternative to redeeming cash in person, according to National Insurance Board (NIB) Director Dr Nicola Virgill-Rolle. On Tuesday, scores of people queu

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Lumberjacks’ Nathan Bain has season to remember

GRAND Bahamian Nathan Bain had a season to remember as his collegiate career came to an end with the Stephen F Austin Lumberjacks men’s basketball team just before the cancellation of the prestigious March Madness men’s basketball tournament.

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My three mistakes

From the time that nation/states emerged the chiefs and leaders have experimented and tinkered with the economic order, often to the detriment of the lower and middle classes. Those at the top of the fabled totem, how apt a reference.....’tote them’ are oftentimes, like right here in The Bahamas, are often allied with the politicians and their suitcase people.......some call them bag men/women; lobbyists and facilitators.

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Bank chief loses 'fit and proper' battles

A Bahamian bank’s chairman has failed to overturn the Central Bank’s demand that he sell his majority ownership because he is “not a fit and proper person” to be in charge. Carlos Molina told Tribune Business his battle with the regulator had result

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Expanded testing to begin

EXPANDED COVID-19 testing will begin this weekend on high-risk populations, as the number of confirmed cases increased by one to 54 yesterday and another death from the disease was recorded.

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Food security needs additional 'real steps'

The Bahamas Light Industries Development Council (BLIDC) says other “real steps that need to be taken” besides creating a Food Security Task Force to help spur local production. Karla Wells-Lisgaris, the Council’s vice-president, responding to the p

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Making face masks to help workers

WITH the government now ordering people to wear face masks when they leave their residence to help stop the spread of COVID-19, members of the Inner Wheel Club of East Nassau have started to make them. “When it became clear that wearing a mask, even