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‘Future generations will say we did no favours’
COVID has worsened The Bahamas’ looming savings and retirement crisis, a pensions specialist warned yesterday, adding: “Future generations will say we did them no favours.”
DPM touts $1.2bn in Exuma investments
The deputy prime minister yesterday asserted that the Davis administration has approved $1.2bn in investment projects “for Exuma alone” in the year since it was elected as he touted a variety of resort developments.
Contest heats up in the kitchen
STUDENTS from several senior high schools participated in the Ministry of Education’s 30th annual Young Chef Culinary Competition semi-finals yesterday.
Sunset Pilot member announced as Club Ambassador
THE Sunset Pilot Club of Grand Bahama has announced that Ms Toni Hudson-Bannister is the 2022-2023 1st PIFF (Pilot International Founders Fund) Club Ambassador.
URCA chief: ‘Much to do’ on better Internet access
THE Bahamas’ top communications regulator yesterday admitted there is “much work to do” on ensuring affordable, widespread access to broadband Internet and mobile data.
Old Fort Bay ‘torn’ by escalating fight
One of western New Providence’s most upscale communities is being “torn” apart through an escalating dispute triggered by demands that homeowners finance a 50 percent increase in security costs.
Shamar Burrows leads Tigers in final year
SHAMAR Burrows enters his final year of eligibility with the Dalhousie Tigers and looks to step into a leadership role as the programme pursues its fourth consecutive Atlantic University Sport title.
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.
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.
Professional basketball player Tavario Miller stars in Japan
TAVARIO Miller began a new chapter in his pro basketball career in Japan and has emerged as a leader for his title contending club.
Trade deficit leaps 15.6% to $715.1m
THE Bahamas’ trade deficit increased by 15.6 percent to $715.097m during the 2022 first quarter as cross-border flows continued to rebound from the COVID-19 related restrictions of the year before.
FACE TO FACE: Blindness is no barrier to Ervens when it comes to helping family
HE became the head of his household at an early age. The death of his parents not only placed some big responsibility in his hands, it left a void in his heart and the hearts of his siblings.
Bahamian on board as boat intercepted
ALMOST 100 people, mostly from Haiti but including one Bahamian, who were rescued from an overcrowded boat off the Florida coast had no food or water for two days, according to the US Coast Guard.
Grand Bahama Power ‘very advanced’ on 20MW solar installation
Grand Bahama Power Company is “at a very advanced stage” in formalising four separate projects that will collectively provide 20 Mega Watts (MW) of solar generation capacity for the island’s grid.
Card spending rose 57% during COVID
Credit card spending in The Bahamas increased by 57 percent year-over-year during the peak of the COVID-19 pandemic as consumers transitioned to digital and online payments, a survey has disclosed.
Plane goes off runway
THE Air Accident Investigation Authority yesterday reported an incident involving a Flamingo Air Beech 99 aircraft, registration C6-OFM.
Bahamas 15th in region for COVID-19 deaths
THE Pan American Health Organisation’s Health in the Americas country profile has revealed The Bahamas ranked 15th in the region for the number of COVID-19 released deaths from 2020 and 2021.
Bahamas’ ‘rosy picture’ not making the grade
A top insurer was yesterday “hoping and praying” The Bahamas can reverse its continual downgrades despite the Government’s “rosy picture” of its fiscal and economic standing failing to convince the rating agencies.
Businesses blast Grand Bahama Power fuel charge hike
GRAND Bahama Power Company’s (GBPC) impending fuel charge increase was yesterday branded “disgraceful” by one businessman although the move came as little surprise.
