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Saved by the net
By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3
TOUGH CALL: A comprehensive Environmental Management Act
IN AN obvious attempt to soothe public anger over the Rubis fuel leak disaster in Marathon, Environment Minister Ken Dorsett recently unveiled draft legislation “for the establishment of the Department of Environmental Planning and Protection”, saying the law would be brought to Parliament in October.
Contractor 'grind' over Baha Mar pay delays
Bahamian contractors yesterday disclosed it was “a grind” to obtain timely payment for work done on the $3.5 billion Baha Mar project, with waits up to 90-120 days hitting cash flow and eating into already-thin profit margins.
Baha Mar creditors: Over 90 per cent to be paid
Baha Mar’s secured creditor agreed to fund the $3.5 billion project’s completion because potential purchasers have told it they will not buy an unfinished mega resort, with more than 90 per cent of local creditors set to be paid.
Cruise port's chair eyes 'missing 10%'
The chair of Nassau Cruise Port's ultimate parent says he is "90 percent-plus satisfied" with its $322.5m transformation as he waits to see it drive increased visitor spend and more passengers exiting their vessels.
90% of farmers 'disenfranchised' on land holdings
Almost 90 per cent of Bahamian farmers are effectively ‘disenfranchised’ because they do not own the land they use, a senior agricultural expert yesterday calling for a strategic plan to develop the industry rather than “the regular ad-hoc approach”.
Labour chief asserts whimper greeted COVID furlough end
The COVID furlough period’s end sparked very few worker terminations, the Government’s top labour official is asserting, with Nassau Cruise Port’s need for 250 construction workers “a good indicator” of the economy’s growing revival.
Cut 'terrifying' bad loan rate by over 50%
The Central Bank’s governor wants to further cut the “terrifying” 8.7 percent loan delinquency rate by more than half despite it having fallen to its lowest level in a decade.While describing the consistent decline in non-performing bank loans as “ve
5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
Jury shown images of aftermath of murder
A SUPREME Court jury yesterday was shown nearly five 100 images illustrating the aftermath of the murder of a web shop employee in Deadman’s Cay, Long Island.
Bimini project: construction workforce only 10-30% Bahamian
The 45-60-strong construction workforce for Resorts World’s Bimini cruise terminal and jetty is expected to have just a 10-30 per cent Bahamian component, the project’s Environmental Impact Assessment (EIA) has revealed.
AG: 'We were protecting vulnerable from calamity'
The attorney general yesterday pledged to “clarify” a life and health insurance order that was designed to prevent poor and elderly policyholders suffering a “catastrophe” amid the COVID-19 crisis. Carl Bethel QC told Tribune Business that the gover
Giants sweep Cleaners
THE Commonwealth Bank Giants, featuring a couple of new players, are now into the New Providence Basketball Association’s John Archer divisional championship series, thanks to a two-game sweep over the Double R Services Limited Cleaners in their first round playoffs.
Bahamian professional basketball players shine on the global stage
LAST weekend’s schedule on the pro basketball circuit featured a number of standout performances from Bahamian players across the globe. Jaraun “Kino” Burrows scored a season-high 31 points, grabbed six rebounds and dished four assists in FOS Proven
Five years to organise polling
Elections come and go usually every five-years so the organisers of them have the luxury of four plus plus years to get things together...all it takes is an eight-month jump forward and chaos.
Mackey ends college career as all-time leader
NASHAD Mackey concluded his collegiate basketball career with the Embry-Riddle Eagles as one of the programme’s all-time leaders.
Baha Mar focuses on completion amid speculation by travel site
BAHA MAR officials would not respond directly to international reports that a travel industry insider was told by unnamed representatives of the resort that it would open in late August or September.
Officials recommend radar installation for Freeport airport
CIVIL aviation officials have 90 days to respond to the safety recommendations issued by the Air Accident Investigation and Prevention Unit of the Civil Aviation Department following its analysis of the November plane crash in Grand Bahama that killed nine people on their way to a global leadership conference hosted by Bahamas Faith Ministries (BFM).
Relief in a leaf
By Dr Betty Adderley
Hurricane relief concessions extended ‘on a case-by-case basis’
ALTHOUGH the government’s storm relief exigency order has expired, Hurricane Joaquin victims can still apply for concessions through the National Emergency Management Agency, according to agency Director Captain Stephen Russell.
