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Food retailers ‘trying like hell’ for Friday solutions
Bahamian food retailers were yesterday “trying like hell” to meet Friday’s deadline to produce an acceptable alternative to the Government’s “catastrophic” price control expansion.
Bahamas cannot be blacklisting ‘pariah’
The Bahamas will not risk becoming a global “pariah” by rejecting the countries and organisations that continue to ‘blacklist’ its financial services industry, a Cabinet minister asserted yesterday.
BTVI overpaid staff by nearly $100,000
The Bahamas Technical and Vocational Institute (BTVI) potentially overpaid its 135 staff by almost $100,000 over the ten months to end-July 2020, it was revealed yesterday.
EU blacklist: ‘Square peg in round holes’
The Government and Opposition yesterday continued to trade blows over who was responsible for The Bahamas’ blacklisting by the European Union (EU) amid accusations a key reporting system “did not cut the mustard”.
‘Govt will phase in liveable wage’
LABOUR Minister Keith Bell said the government remains committed to phasing in a “liveable wage” for Bahamian workers.
Mother upset at wait for Turin files
BLAIR John’s mother is unhappy that more than three years since her son’s death, Bahamian officials have yet to receive files related to the investigation from Italian authorities.
$600,000 on furniture at embassy
AN AUDIT into The Bahamas’ Embassy in Brussels, Belgium found that over $600,000 of taxpayer’s money was spent on furniture purchases for the official residence.
Company chief defends ankle monitor system
THE chief executive officer of the company contracted by the Ministry of National Security to provide ankle monitoring bracelets for people on bail vehemently defended the system, saying there is no fault in the devices he offers.
BAIN ARRESTED AT PARLIAMENT: Activist and coalition members held after Rawson Square protest
ACTIVIST Lincoln Bain, along with several supporters, were arrested yesterday outside of the House of Assembly after scores of them bombarded Parliament Square demanding that the government tackle what they deemed an “immigration crisis”.
ORG partners with software company
THE Organisation for Responsible Governance announced a partnership yesterday with Modinet Global Software Ltd, a digital advertising company that offers public education ads.
Fitting site for food festival
It seems appropriate that the historic Collins House, also known as Centreville House, on Shirley Street, is to be the site for the upcoming International Culture Wine & Food Festival on the 22nd and 23rd of October.
‘Buddy’ opens season with double double - 16pts, 10 rebs
Chavano “Buddy” Hield opened his 2022-23 campaign with a double double but the Indiana Pacers struggled at home en route to their first loss of the season.
King, Bluejays projected no.1 in Big East preseason poll
FREDRICK King and the Creighton Bluejays were selected to finish number one overall in the Big East when the conference announced its preseason poll.
Liveable wage not possible without productivity boost
A CABINET minister yesterday warned that achieving a “liveable wage” will not be possible unless there is an improvement in Bahamian worker productivity and business efficiency.
Digital assets summit seeks to attract 3,000
THE SECURITIES Commission yesterday confirmed it has teamed with the Government to host a three-day digital assets summit at Atlantis in January that aims to attract some 3,000 industry leaders.
Residents react to rise in Grand Bahama Power fuel rate
THE announcement of a rate hike by the Grand Bahama Power Company was received with mixed reactions by some residents on the island.
COVID-19 sparked $200m private pension drawdown
Financially-stricken Bahamians drew down on more than $200m in private pension savings to ensure they survived COVID-19’s devastating economic impact, a financial executive revealed yesterday.
Don’t ‘demonise’ food sector over price controls dispute
Grocery retailers are anxious not to be “demonised” over their opposition to an expanded price control regime they fear could undermine Bahamian food security, an attorney said yesterday.
Minister: ‘Nothing wrong’ with the Bahamas’ bonds
A Cabinet minister yesterday asserted “there’s nothing wrong” with The Bahamas’ economic and fiscal standing even though its long-term sovereign debt is trading at greater than 40 percent discounts with yields at 18-19 percent.
Bran: Medicine price controls are ‘back door’ VAT admission
The Democratic National Alliance’s (DNA) ex-leader yesterday slammed the imposition of price controls on the pharmaceutical industry as a “back door” admission by the Government that reimposing VAT on medicines was a mistake.
