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Nassau Nastics

AS AN engaging alternative to the listless lethargy of summer, the annual Nassau Nastics camp running at two New Providence locations is a fun and healthy option.

Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

Digital building permits hailed as ‘long overdue’

The Bahamas Society of Engineers (BSE) president yesterday hailed as “long overdue” plans to slash building permit turnaround times by going digital, branding the 60-80 percent reduction target as “achievable”.

Insurance cuts Aliv's Dorian cost to $2.5m

Aliv’s subscriber base grew by 20 percent during the final six months of 2019, its top executive revealed yesterday, after the mobile operator shrugged off $2.5m in one-off net Dorian costs. Damian Blackburn told Tribune Business it had “recovered a

$110m collected in VAT in first three months

THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.

Matthew gives Bahamas $300m reinsurance boost

The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.

Revamped Employment Exchange to launch July 1

The Department of Labour’s revamped and modernised Employment Exchange is expected to go live on July 1, its director said yesterday.

Govt urged: 'Get a move on' over post-Dorian plan

The Abaco Chamber of Commerce’s president yesterday urged the government to “get a move on” in developing a comprehensive plan for the island’s post-Hurricane Dorian revival. Ken Hutton reiterated to Tribune Business that there will be no major impr

Long Island woman died of heart attack, say relatives

RELATIVES of the Long Island woman who health officials say died from COVID-19 last month believe she did not die because of complications with the virus, but rather from a heart attack. They also have complained about the level of care the woman re

McCoy advances, McFall and Bastian eliminated

NCAA Division II basketball tournaments are underway across respective conferences across.

Jones and Sun suffer 96-83 loss to Sky

FACED with their fifth game in 11 days, Jonquel Jones and the Connecticut Sun were unable to keep pace in their home finale as the WNBA playoff race closes out the regular season. The Sun suffered a 96-83 loss to the Chicago Sky Friday night in thei

Jaraun Burrows ranked as one of Sweden’s best

AS HE heads into the post-season, Jaraun “Keno” Burrows’ play continues to see him ranked as one of the best professional basketball players in Sweden.

Appeal justice raises 'judicial activism' fear

A Court of Appeal judge has seemingly cautioned a colleague for straying into “judicial activism” in a case involving the termination of a 14-year veteran John Bull store manager.Appeal justice Stella Crane-Scott said “courts should avoid” straying i

Month’s end closing for John S George

One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.

Auto dealers ‘take a bath’ from Matthew

New car dealers yesterday told Tribune Business they “really took a bath” in October, with sales “the worst” in recent memory due to Hurricane Matthew and the struggling economy.

Bahamian softball teams to be honoured

THE most successful national teams in Bahamian softball history will have their accomplishments recognised when the local governing body in the sport hosts its year end competition.

'Challenges' delay $2.3m Ocean Club condo's seizure

The receiver for an alleged $22.6 million fraud has applied for a summary judgment against two Paradise Island residents that would seize their Ocean Club Estates condo - one of the best recovery sources for investors.

Ministry to empower youths to make positive choices

FOR the second consecutive year, Sports World Ministry is bringing its Go Positive Tour to the Bahamas.

Education and the elusive cure for poverty

Brad L Brasseur explores the current problems in creating good education for the poor in developing nations and looks at some of the solutions.

FAMILIES EARNING UNDER $5K YEARLY INCREASE BY 83%

By NEIL HARTNELL Tribune Business Editor The number of Bahamian households surviving on less than $5,000 per year has increased by an "alarming" 83 per cent in the past four years, Department of Statistics data shows, indicating the recession has most im

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