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City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net 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 volun

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FNM Chairman expects govt to delay NHI scheme

Free National Movement Chairman Michael Pintard said "fully expects" the government to delay the implementation of its proposed National Health Insurance scheme, adding that concerns over its funding comes secondary to the "infrastructural development of the existing healthcare system". 

Global stock volatility ‘rather disconcerting’

A former finance minister yesterday described the latest bout of global stock market volatility as “rather disconcerting” for the Bahamas, adding it was occurring when this nation “can least afford it.”

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Wilchcombe: Transparency vital for The Pointe project

TOURISM Minister Obie Wilchcombe yesterday called for greater transparency and accountability as China Construction America gears up to begin its $250m Bay Street luxury development – The Pointe.

IMF urges Bahamas to stick to 50 percent debt ceiling

The International Monetary Fund has urged The Bahamas to keep to the 50 percent debt ceiling passed in 2018.

End to inter-island COVID tests a ‘world of difference’

Hotels and airlines yesterday hailed the Government’s decision to eliminate COVID testing for inter-island travel from New Providence and Grand Bahama as “making a whole world of difference” for domestic tourism and commerce.

Eleuthera developer mulls subsidiary's IPO

An Eleuthera real estate developer is mulling an initial public offering (IPO) for one of its subsidiaries amid plans to accelerate the build-out of various assets.Erma Carey, secretary of Eleuthera Properties, the Cotton Bay and Jack’s Bay Club deve

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Carnival awaiting permits for GB ‘crown jewel’ start

A senior Carnival Corporation executive yesterday voiced optimism that construction on its Grand Bahama “crown jewel” can still start this year despite the pressures imposed by COVID-19.

DPM 'hopeful' GDP growth will escape oil price shocks

The Deputy Prime Minister is expressing confidence that The Bahamas will meet its 2.5 per cent GDP growth target despite rising oil prices, adding: “Hopefully we’ll be able to ride it out.”KP Turnquest, pictured, conceded to Tribune Business that inc

Farmer raises climate query for $60m project

A BAHAMIAN farmer is questioning whether enclosed agricultural projects, such as Eeden Farms’ $60m Gladstone Road joint venture, can thrive due to this nation’s hot climate.

Speed Week 2014 eyes 'double room nights'

BAHAMAS Speed Week’s investors yesterday predicted the event will take “a big step up” on 2014 with “double the number of entrants and the room nights”, following a pledge by Deputy Prime Minister Philip Davis to build a proper racing circuit to accommodate it.

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JONQUEL GRABS CAREER HIGH 20 REBOUNDS

THE Connecticut Sun organisation expects Jonquel Jones to have a breakout season in her sophomore campaign in the WNBA, and Jones delivered immediately with a new career high in her season debut.

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$5m deal signed to improve water supply in Long Island

A $5m contract was signed yesterday between the Water and Sewerage Corporation and BHM Company Limited to bring potable water to hundreds of residentes in Long Island. Settlements such as Salt Pond have “suffered for far too long without a reliable p

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TOUGH CALL: The history of healthcare in the Bahamas

DR HAROLD Munnings is about to publish a book on the history of healthcare in the Bahamas.

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NPBA: Giants squash Marines 132-73

THE New Providence Basketball Association ended the first segment of its season on a high note with a pair of marquee matchups Saturday night at the DW Davis Gymnasium. The league reopens play on January 3.

FIBA AmeriCup launches social media campaign

FIBA Americas looks to galvanise support for its upcoming AmeriCup through social media and the Bahamas Basketball Federation is on board with the new initiative as one of the participating programmes.

Report urges oversight controls

THE independent report commissioned into the Urban Renewal Small Home Repairs programme called for the government to immediately establish a litany of controls to increase oversight of the project’s operational management and payment system.

BGDBA Playoffs: Cybots advance to next round, Patrollers tie series 1-1

The Bain and Grants Town Cybots booked their tickets to round two of the Bahamas Government Departmental Basketball Association (BGDBA) playoffs on Monday night after sweeping the Police Royals 2-0.

Hilton give staff vacation 'option'

The British Colonial Hilton yesterday confirmed it has given staff the “option” of taking two weeks’ vacation leave as it joins Atlantis in seeking to reduce labour costs amid the coronavirus pandemic. Pablo Casal, the downtown Nassau resort’s gener

Tourism in best physical condition for ‘20 years’

The Bahamian hotel industry is enjoying a “strong” summer season, the Bahamas Hotel and Tourism Association’s (BHTA) president yesterday suggesting the industry was preparing for perhaps its “best physical product in 20 years”.