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Wilson sets sights on COVID ‘fails’
A Bahamian insurer’s parent is targeting companies struggling to rebound from COVID-19, its chairman has revealed, after its corporate structure provided a $2.33m buffer against Hurricane Dorian claims payouts.
Hitting IMF target like 'defeating Usain Bolt'
The Bahamas needs an “extraordinary economic shot in the arm” to meet the International Monetary Fund’s (IMF) targets, an ex-finance minister said yesterday, as hitting them would be comparable to “beating Usain Bolt”.James Smith, also an ex-Central
Planning critical for $9m food security investment
Planning and co-ordination will be critical if the government’s $9m food security investment in the 2020-2021 budget is to have any impact, agricultural sector participants have warned.Dr Earl Deveaux, a former minister for agriculture and current da
EDITORIAL: Once more unto the beach, dear friends?
We’re back in business – although not quite everyone yet.
INSIGHT: The boiling point of social injustice confronts us with a new dilemma
WITH tens of thousands of Bahamians on the verge of poverty as a result of the the COVID-19 pandemic, much-needed relief is on the way. The government has moved the country into Phase Four of the reopening plan – one step closer to a life as close to normal as possible – and June 15 will see the tourism industry begin to feel its first jolts of new life.
Naser suspended
Bahamas Olympic women’s 400 metre champion Shaunae Miller-Uibo and her management team declined comments on the alleged doping scandal of arch rival Bahrain women’s world 400m champion Salwa Eid Naser that could lead to a possible two-year suspension.
Economy set to contract by 15%
The Bahamian economy is likely to shrink by 15 percent this year due to the combined effects of COVID-19 and Hurricane Dorian, a financial analyst has predicted. Anthony Ferguson, CFAL’s principal, speaking to a webinar hosted by the Chartered Finan
Tour operator fears on COVID protocols
Tour and excursion provider are voicing concerns over the cost and ease of execution associated with implementing portions of the tourism industry’s post-COVID-19 Readiness and Recovery Plan . Captain Mike Russell, owner of Chubasco Charters, told T
Returning Bahamians and residents no longer required to quarantine
BAHAMIANS and residents returning to the country will no longer be mandated to quarantine or self-isolate upon arrival, but will instead be monitored by the health surveillance team “if necessary”, Prime Minister Dr Hubert Minnis announced on Thursday.
Bahamasair cutting its summer schedule by 20%
Bahamasair yesterday said it is planning a 20 percent cut to its summer schedule after incurring $18.5m in revenue losses and unfunded costs due to the combination of Hurricane Dorian and COVID-19.
Tourism payroll given $2m more than needed
A Cabinet minister has admitted that his ministry's payroll was over-budgeted by $2.5m for the 2019-2020 fiscal year and has now been returned to normal levels by the new Budget.
Pair fined after admitting drug possession charges
TWO men were fined yesterday after being arraigned in the Magistrate’s Court on drug possession charges.
Kai Jones No.30 on top prospects list for 2021 NBA Draft
DESPITE a freshman season where he received inconsistent playing time from the Texas Longhorns coaching staff, Kai Jones has been listed as a highly coveted prospect for the 2021 NBA Draft by Sports Illustrated.
Minister: Bahamas Ltd 'must get going again'
The Bahamas “can’t afford” to keep its tourism industry shut any longer, a Cabinet minister warned yesterday, as he admitted that the threat posed by COVID-19 can only be “mitigated, not eliminated”.Dionisio D’Aguilar, minister of tourism and aviatio
Judge dismisses firearm charges against mother and daughters
A Grand Bahama mother and her three children - including a 20-year-old son and two juveniles - were arraigned on illegal firearm and ammunition possession charges yesterday after police found a gun in a bedroom of their home.
NHI providers: Only one third trained in tele-health
Just one third of the National Health Insurance (NHI) scheme’s primary care providers have been trained in tele-health systems that cover around 20,000 patients, it was revealed yesterday.Dr Monique Thompson, the NHI Authority’s manager of healthcare
'Revisions' sought to Grand Lucayan deal
A Cabinet minister yesterday said “it’s full steam ahead” on the Grand Lucayan’s redevelopment even though the ITM/Royal Caribbean joint venture is seeking “certain proposed revisions” to the deal. Dionisio D’Aguilar, minister of tourism and aviatio
Restaurants 'can't survive' with 60% sales devastation
Restaurants will simply be unable to survive if the loss of 60 percent of their sales persists amid continuing COVID-19 restrictions, one operator told Tribune Business . Mario Cash, the Burger King franchise’s operations manager, told this newspape
Mable gets a special visit as she hits 103
Grand Bahama centenarian Lottie Mable Thomas-Russell celebrated her 103rd birthday on Saturday with a phone call from Governor-General of the Bahamas C A Smith who wished her a happy birthday. Iram Lewis, MP for Central Grand Bahama, and former Amba
One chance to create a new vision
The global economy is on lockdown and the predictions are staggering. And, there is one regional economy where the long-term realities of the coronavirus are already clear: The Caribbean.