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Port Lucaya in fifth month of rent discounts

Port Lucaya Marketplace has entered the fifth month of a ‘rent discount’ initiative to ease a post-Hurricane Matthew burden for tenants that has now been exacerbated by Memories’ pull-out.

Jean Rony case adjourned again

THE Jean Rony Jean-Charles case was adjourned again on Friday as lawyers for the Bahamas-born man and the Office of the Attorney General were unable to agree to terms that would fast-track the case to the Court of Appeal.

Newbold: No timeline on appointment of chief justice

PRESS Secretary Anthony Newbold said yesterday there is no timeline for when Prime Minister Dr Hubert Minnis will appoint a chief justice.His comment came as a small protest planned by a senior magistrate highlighting Dr Minnis’ failure to appoint a

Realtor teams with RBC for Hot Summer Homes

A Bahamian realtor has partnered with Royal Bank of Canada (RBC) to launch a two-month promotion that pledges to deliver a 48-hour turnaround on buyer financing approvals. Monica Knowles, property specialist with Bahamas Realty, explained that the t

We are in trouble

Supplementary Budget - in the bluntest language Hon Philip Davis as Minister of Finance did not really say it, but folks believe me we are in financial trouble…useless not admitting it we are. Denial is precisely that.

What drives the price of bitcoin?

ActivTrades

Traders of bitcoin are used to sharp price action, such as the one experienced during the first weekend of December, when the digital currency lost around 20 percent of its value.

Anger after load shedding hits New Providence

LOAD shedding struck several parts of New Providence on Friday morning, drawing the anger of many consumers.

Condo project enjoys $5-$6m January sales

THE Caves Heights development has generated $5-$6 million from condo sales in January alone, its vice-president of sales and marketing yesterday telling Tribune Business the oceanfront development was aiming to double last year’s performance.

Bahamian memories of bid to free Mandela

FREEPORT – Grand Bahama resident Robert Grant - who in the late 1980s was part of a movement in the Bahamas that fought for the Nelson Mandela’ release from prison - expressed deep sadness at the death of the former South African president.

95 per cent on food assistance are women

NINETY-five per cent of all persons seeking assistance from the Department of Social Services’ food assistance programme are women, Minister of Social Services and Community Development Melanie Griffin revealed.

Pfizer rollout to start on Monday

PRIME Minister Dr Hubert Minnis yesterday declared the country finally has enough vaccines to meet demand and administration of the 128,700 Pfizer vaccine doses donated by the United States government will begin as early as Monday.

Only 46% leave high school with a diploma

ONLY 46 percent of students who leave high school qualify for a diploma, Education Minister Jeff Lloyd revealed yesterday during his budget contribution in the House of Assembly.

BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

Baha Mar hotel's rates are 'not good enough'

The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.

Briland rebound beats projection ‘by over 25-30%’

Harbour Island resort operators yesterday said the post-COVID tourism rebound has exceeded expectations by 25-30 percent, and added: “We’re still rocking and rolling.”

BISX-listed Fund eyes restart for dividends after 15-year gap

The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.

Potential tropical storm development heading west in central Caribbean

THUNDERSTORM activity associated with a strong tropical wave over the central Caribbean Sea about 350 miles east-southeast of Kingston, Jamaica, is threatening to develop into a tropical storm later on Monday or overnight according to the National Hurricane Centre in Miami.

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