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Does Junkanoo attract tourists?
Seemingly the new Port folks thought that by having a junkanoo scrap gang to welcome the cruise ship passengers, New Year’s would be a great promotional concept…video on-line is very interesting forget the Junkanoo watch the majority of the cruise passengers walk right past the group performing totally oblivious to them – totally disinterested.
UPDATED: 22-year-old man shot dead in year’s 85th murder
POLICE are investigating the murder of a 22-year-old man that took place on Monday.
Gov't looking to wrap up February Point deal
THE Government appears to be set for one final wrap up meeting before moving to approve the $8.3 million purchase of Exuma’s February Point.
‘Totally devastating’: Water corp revenues shrink 61%
Hurricane Dorian and the COVID-19 pandemic have dealt a “completely devastating” blow to the Water & Sewerage Corporation’s cash flow with April revenues down 61 percent, its executive chairman revealed yesterday.
$50m capital raising comes Aliv next week
The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.
Oil explorer fears its major $100m asset 'extinguished'
The Bahamas Petroleum Company (BPC) has warned that its "major $100m asset will be extinguished", thereby threatening its survival, if the Supreme Court halts its oil drilling activities.
Freeport hotel braces for 'worst xmas ever'
A major Freeport hotel is on track for its “worst Christmas ever” despite enjoying a strong fall, with occupancy rates set to plunge from “the high 80s” to around 30-40 percent.Magnus Alnebeck, Pelican Bay’s general manager, yesterday told Tribune Bu
Developer’s fears on home construction ‘horror stories’
Construction materials shortages and COVID-19 will combine to create “horror stories” for Bahamians in the process of building their own homes, a prominent developer predicted yesterday.
'Deer in headlights' on $1.5bn debt increase
Fiscal watchdogs yesterday warned The Bahamas' debt-to-GDP ratio must "be upwards of 90 percent" after Central Bank data revealed the Government's direct debt rose by $1.5bn in just 12 months.
Bahamas earns 3-0 win over Bermuda in Davis Cup tie
FOLLOWING a rain delay which lasted for several hours, the Bahamas was able to continue their momentum from a quick start and held on for their second consecutive win in Davis Cup play.
Demetrius Ferguson headlines for the X-Men
ED Reed is that kind of play-making defensive back that has a knack for highlight reel plays and finding the end-zone. Demetrius Ferguson is developing a similar reputation.
BUSINESS BITES: Joplin recovered from tornado - so can we from 2019 Dorian?
In the Tornado Alley states of the USA, tornadoes, large and small, are too frequent to be named. Only the worst are identified for the official records — like Joplin in 2011.
Briefly
MEXICO CITY (AP) — After 53 years of hostility between the United States and Cuba, the timing to make amends was perfect for both governments.
‘Excellent’ results in crime fight
A HIGH-powered rifle capable of firing 200 rounds of ammunition, more than $35,000 and nearly 85 lbs of marijuana were some of the substantive discoveries of the Royal Bahamas Police Force’s Operation Ceasefire.
Insurance chair brands NHI Authority's $10m 'excessive'
The Bahamas Insurance Association’s (BIA) chairman says the $10 million to create the NHI Authority is “quite excessive”, and suggested more money should be directed to front-line healthcare services.Emmanuel Komolafe, while questioning how the new g
Key US markets up 15% for Easter peak
Tourism bookings from the Bahamas’ key US markets are up 15 per cent for the peak Easter period, a Cabinet minister yesterday urging businesses to “work harder” at exploiting this growth.
20% pt truck tax slash a 'tremendous blessing'
A Bahamian auto dealer yesterday described plans to lower Excise Tax rates by 20 percentage points on certain trucks as “a tremendous blessing”, telling Tribune Business his sales in this category had fallen by 75 per cent since the 2010-2011 Budget.
40 new cases of COVID-19, two deaths, one death under investigation on Sunday
The Ministry of Health reported that there were 40 newly confirmed cases of COVID-19, two additional deaths and one death under investigation on Sunday.
ONE ELEUTHERA FOUNDATION: Regenerative agriculture - it’s a win-win situation
IN our day and age, we look around the world and see so many environmental problems, many of which seem unsolvable. It is rare to find a solution as simple and as impactful as the practice of Regenerative Agriculture.
Bahamas can be 'Atlantic air hub'
The Bahamas has the potential to become an "Atlantic transshipment hub" between Latin America and Europe, a senior KPMG executive believes, adding that this nation's "60 per cent GDP" tourism dependency meant it was bound to suffer more than other nations during the recession.