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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

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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Increase announced in Junkanoo seed funding

JUNKANOO groups in New Providence are to receive large increases in seed funding, with the A groups to get $30,000 and B groups $15,000.

Abaco Schools Sports Association basketball results

Abaco Schools Sports Association Basketball Championships (Best of Three series)

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A massive U-turn in China

ActivTrades

Having maintained a strict zero- COVID policy for almost three years, the Chinese government had become a prisoner of it. The strategy was designed to address the low vaccination rates of the elderly population (80 million people aged 80+ years are not vaccinated and 44% of the population did not receive the third dose, this percentage rising to 60% among people aged 80+ years). And, although studies in Hong Kong comparing CoronaVac with BioNTech’s vaccine have not been conclusive, the Chinese government did not seem to have much confidence in the degree of immunity provided by their own vaccines.

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Bahamas earns 3-0 win over Bermuda in Davis Cup tie

FOLLOWING a rain delay which lasted for several hours, the Bahamas was able to continue their momentum from a quick start and held on for their second consecutive win in Davis Cup play.

Bahamas Sailing Association to host summer sailing camp

THE Bahamas Sailing Association has been running its summer sailing school out of the Nassau Yacht Club since 2005.

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$110m collected in VAT in first three months

THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.

North Andros Power plant repairs cost $600k, as restoration continues

WORKS and Utilities Minister Alfred Sears said the cost of restoring power to North Andros after last week’s catastrophic fire at Bahamas Power & Light’s Nicholl’s Town plant is about $600k.

Matthew gives Bahamas $300m reinsurance boost

The Bahamas Insurance Association’s (BIA) chairman has estimated that this nation will benefit from a $300 million foreign currency inflow from reinsurers as a result of Hurricane Matthew.

The FNM and our money

Debate on Supplementary Budget through May, 2022… yet again input of so many of the MPs, clearly shows their personal lack of information and facts and really reality.

Atlantis condo tower does $20m in six months

Paradise Island’s 497-unit condo complex, the Reef, is providing evidence of a real estate market revival through $20 million worth of sales within six months.

Ya hear?

• Ya hear R&B singer Chris Brown released from prison? According to reports, the “Loyal” singer was released from a Los Angeles County jail on Monday.

Popeyes to add 80 jobs with new site

Popeyes Bahamas is investing more than $2 million to launch its second restaurant on Carmichael Road before year-end 2016, a move that is expected to create 80 jobs.

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Teams of the year in the spotlight

IN the disciplines of swimming and water polo, the Bahamas continued its dominance in the region at the 34th CARIFTA Aquatics Championships.

1,000 scholarships available at BTVI

THE government, through the Bahamas Technical and Vocational Institute, is offering 1,000 scholarships to students enrolled in full-time programmes inclusive of preparatory, certificate, diploma and associate degrees.Named The Bahamas Be Your Own Bos

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Jones has 19 points, 14 rebounds, Sun top the Wings 80-59

ARLINGTON, Texas (AP) — Jonquel Jones had a double double - 19 points and 15 rebounds - to help the Connecticut Sun beat the Dallas Wings 80-59 on Sunday.

‘Hope and pray’: Food, energy cost hike may last three years

Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.

Internet gives 30% boost for Bahamian tourism forecasts

The Bahamian tourism industry’s ability to accurately predict visitor arrivals trends increases by 30 percent if it incorporates Internet search data into its forecasts, an IMF paper has revealed. The report Where should we go? Internet searches and

BISX-listed fund promises investors ‘far better’ 2015

The BISX-listed Bahamas Property Fund yesterday said 2015 will be “a far better year” for its shareholders, as it aims for a ‘double digit’ increase in occupancy levels at its flagship building in downtown Nassau by mid-year.