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City Markets staff allege 'conspiracy'
TEN Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave voluntarily, thereby relieving the supermarket chain of the need to pay them severance and pension benefits.
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$112m spent with 'no due process'
$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t
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$112m spent with 'no due process'
$112m spent with 'no due process' By NEIL HARTNELL Tribune Business Editor With more than $112 million in public monies spent "without any evidence of due process", the Bahamian Contractors Association's (BCA) president has urged the Government to use t
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Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
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Symonette and Speaker clash
HOUSE Speaker Halson Moultrie’s advocacy for greater parliamentary independence sparked a tense exchange in the House of Assembly yesterday involving St Anne’s MP Brent Symonette, who suggested Speaker Moultrie impinged on his independence by directing him to support his agenda.
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Oil spotted in ocean off Abaco
OIL has been spotted in the ocean near Abaco and may have impacted parts of the coastline, days after an oil spill occurred in Grand Bahama.Equinor, which operates the South Riding Point storage and transshipment terminal in Grand Bahama, said the so
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Marinas: 'Comeback' swift despite 70% market loss
The Marina Association of The Bahamas (MAB) president yesterday voiced optimism the sector will see a swifter "comeback" than other tourism segments despite missing 70 percent of its market.
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Breanna slipped twice - then they attacked
A 14-year-old boy yesterday testified how a car full of girls nearly ran him over in their haste to ultimately stab and beat to death teenage mother Breanna Mackey over an $80 cell phone last year.
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‘Highly probable’ most of $900m tax debts seized
The Ministry of Finance’s top official yesterday said the Large Taxpayer Unit is “just the start” of major reforms as he revealed it is “highly probable” much of $900m in past due taxes will be collected.
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Economy 2% smaller than pre-COVID at 2023’s end
The Bahamas’ economic output will still be 2 percent below pre-COVID levels even if growth forecasts through to end-2023 become reality, a local investment analyst warned yesterday.
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Bank fee moans? It’s your ‘own damn fault’
The Central Bank’s top inspector yesterday said he had little sympathy for those complaining about bank fees since it was their “own damn fault if they are too lazy to switch” to online banking.
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Bishop Laish Boyd concerned about election victory margins, turnout
BISHOP Laish Boyd has voiced concern regarding margins of victory and a lower-than-normal voter turnout in the September general election, saying such margins may encourage a government to be less than fair and less than evenhanded.
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WORLD VIEW: Rethink full membership of CARICOM to make it effective
Almost 80 years ago, Jamaica’s Norman Manley asked a question that has been echoing throughout the 12 independent English-Speaking Caribbean countries that form the Caribbean Community (CARICOM).
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AG: ‘False parallel’ over web shop tax EU fears
The attorney general yesterday slammed as a “false parallel” suggestions that the web shop industry’s tax hikes will violate the European Union’s (EU) anti-tax evasion demands.
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INSIGHT: The Abaco tragedy tells us it’s time for the gloves to come off
TRAGEDY struck as a vessel carrying more than 80 Haitian immigrants attempting to illegally enter The Bahamas shipwrecked in waters off Abaco. With the death toll up to 31 and only 18 of the migrants on this journey reported rescued, the number of fatalities seems certain to increase as search and rescue efforts continue for another 34 passengers still missing.
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NP real estate sales value off 45 per cent during Q3
The total value of New Providence real estate sales on the Bahamas Multiple Listing System (BMLS) dropped 45 per cent quarter-over-quarter in the three months to end-September, the industry yesterday unveiling its initiative to boost “market transparency” and real time data access.
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Bahamas needs extra 200 air traffic controllers
AN extra 150-200 air traffic controllers are needed to provide proper air traffic service throughout The Bahamas, their union head yesterday expressing concern over whether there would be sufficient manpower to deal with the increased flights generated by Baha Mar.
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April creditors meeting urged over major fraud
The Bahamian liquidators of an alleged multinational fraud that has ensnared a BISX-listed firm’s affiliate have applied to the Supreme Court for an Order that the first creditors meeting be held during April 2013.
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Gov't eyes $138m spending slash
The Government is moving to cut recurrent spending projections by 5.6 per cent for the current fiscal year to compensate for a $120 million drop in revenues, with a Wall Street analyst yesterday saying execution would be “key” if it was to hit is deficit/debt reduction targets.
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Provider offers $500-$600m waste to energy plant
A Bahamas-based renewable provider is offering to build and operate an estimated $500-$600 million plasma waste-to-energy plant at the New Providence landfill, creating 400-500 full-time jobs, in the process.
