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Port Lucaya owner eyes further $2m investment
Port Lucaya Marketplace’s new owner plans to invest “at least $2 million” over the next five years to transform the facility into an upscale shopping and entertainment centre, with seven prospective new tenants in the process of signing leases.
Officials believe cases “are levelling”
DESPITE a recent uptick of positive COVID-19 cases in New Providence, Chief Medical Officer Dr Pearl McMillan said data has shown that the island is experiencing a reduction of infected cases.
‘More than 20,000 extra jobs since 2012 election’
PRIME Minister Perry Christie said yesterday despite repeated claims from Official Opposition members that his administration has not spurred growth in employment, his government has created over 20,000 jobs since taking office in 2012.
PLP defiant over cut in Urban Renewal employees
THE governing Progressive Liberal Party has responded to the outrage over its decision not to renew the contracts of 80 Urban Renewal employees, by declaring the party has a mandate to organise the scheme as it sees fit.
Bannister hails housing community as a sign of growing confidence
WORKS Minister Desmond Bannister yesterday hailed the development of an upscale housing community in western New Providence as a sign of the growing investor-confidence in the Bahamian economy.
IAN FERGUSON: Addressing key workplace woes
More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals.
Leaks blamed as rationing continues
A YEAR and a half after agreeing to pay a foreign company more than $80 million to reduce water losses, the Water and Sewerage Corporation is now experiencing a “significant” increase in leakage, general manager Glen Laville admitted yesterday.
UN speaker at Hilton event
ROTARY International’s chief representative at the United Nations in New York will be the guest speaker at an event at the British Colonial Hilton on February 21 under the patronage of Governor General Sir Arthur Foulkes.
Auto dealers: Sales ‘20% higher’ if we had supply
Bahamian auto dealers yesterday said industry-wide sales would be “20 percent higher” than the actual 159 year-over-year increase for 2022 to-date if vehicle supplies matched pre-COVID levels.
Sports in brief
THE New Providence Basketball Association resumed its regular season play at the CI Gibson Gym over the weekend after taking a break for the Christmas holiday.
PM facing 'judgement call' over BFS sale
PRIME Minister Perry Christie yesterday said the Government was not close to making a final decision on the potential acquisition of Bahamas Food Services (BFS) by the multi-billion dollar US food distribution giant, Sysco, telling Tribune Business his administratio was having detailed discussions with rival Bahamian wholesalers on the deal’s likely impact.
$450m to make Nassau a truly sustainable city
Transforming Nassau and wider New Providence into a truly resilient, sustainable island demands a $450m investment spread over a 20-year period, a newly-released Inter-American Development Bank (IDB) report has revealed.
Marina chief suffers ‘worst Thanksgiving in 30 years’
A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.
PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
Cybots and defending champions Stingers stay alive
THE defending champions PJ Stingers and former champions Mail Boat Cybots both staved off elimination Monday night at the AF Adderley Gymnasium as the New Providence Basketball Association continued its best-of-five divisional championship series.
Higgs, Grant playing pivotal role in Big 12
A pair of Bahamian women basketball players have made an immediate impact on their programmes in an elite Division I power conference.
Nottage vow in face of 25% rise in murders
NATIONAL Security Minister Dr Bernard Nottage broke his silence on crime last night, contending that the government is “up to the challenge” as the nation continues to grapple with startling crime statistics.
Tech issues stall new betting tax
Bahamian gamblers will enjoy a two-month reprieve from the budget’s twin five percent levies because they are “not as easy and straightforward” to implement as the government thought.
QC: Gov’t is ‘breaking Hawksbill Creek’ deal
An outspoken Government critic has urged it to stop using Freeport’s expiring investment incentives as leverage to “unlawfully break the Hawksbill Creek Agreement”.
'No time' to repair VAT unity
Super Value’s owner says he is “more satisfied” heading into Value-Added Tax (VAT) implementation following last week’s meeting between the Government and private sector, but suggested there was too little time to repair the “disunity”.