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Bahamas invests $400k in first livestock feed mill for 40 years
Bahamian agriculture's push to reduce the country's $1bn annual food import bill has been boosted by the Government's $400,000 acquisition of the first new animal feed mill in 40 years.
Govt to take ‘aggressive’ approach to building airports, says Romer
THE construction of some Family Island airports is set to be completed by 2025 as the government takes an “aggressive” approach to the building process, according to Dr Kenneth Romer, deputy director general of the Ministry of Tourism and Aviation.
Quaker brand granola cereals recall over potential salmonella contamination
A PRODUCT recall has been issued for granola bars and granola cereals from the Quaker Oats Company.
Participants of Bahamasair plane design competition upset over chosen artwork
THE decoration of a new Bahamasair plane sparked complaints from artists who submitted designs for a competition.
Deficits overwhelm growth six-fold in driving debt hike
Weak economic growth has been overwhelmed by the six-fold greater impact of surging fiscal deficits and failed to keep The Bahamas’ debt ratios in check, a multilateral lender is asserting.
Total $1.4bn SOE debts pose ‘a significant risk’
Total debts owed by the Government’s state-owned enterprises (SOEs) have hit $1.4bn to become “a significant risk” by exceeding 10 percent of annual economic output, the IDB has warned.
FTX settlement ‘proves naysayers were wrong’
The FTX settlement shows The Bahamas has “beaten expectations” and “proven the doom and gloom naysayers wrong” over the crypto exchange’s collapse, a well-known businessman argued yesterday.
URCA proposes 20% expansion in budget
The Utilities Regulation and Competition Authority (URCA) is for the second consecutive year proposing a major hike in its operating budget via a near-20 percent increase for 2024.
LEFT STRANDED BY BAHAMASAIR: Passengers stuck without help or place to stay - and Romer says ‘no excuse’
BAHAMASAIR passengers travelling to North Eleuthera were stranded in Rock Sound on Monday after they were forced to disembark their plane without warning or help with accommodations.
Tennis players advance to the finals
FOUR players advanced to the 2023 Giorgio Baldacci Open National Tennis Championships yesterday at the National Tennis Centre (NTC), in addition to qualifying to represent The Bahamas at the Davis Cup and Billie Jean King Cup tournaments.
I-BAP collaborates with Electric City Bombers to host Christmas camp
WITH 2023 now winding down, I-BAP (Bahamas Athletic Pride) in collaboration with New York’s Electric City Bombers intends to host a pop-up Christmas camp this Saturday at the Baillou Hills Sporting Complex.
Our passive response is concerning
The Bahamian business community now appears alarmingly complacent in the face of escalating government overreach. It’s as though we’ve surrendered our spirit of defiance, meekly swallowing whatever directives and mandates are imposed upon us by policymakers. This worrying trend of passivity, where voices that used to question and challenge now remain eerily silent, is reshaping our business landscape.
EDITORIAL: Should the name of Nassau’s historic hotel change?
“What’s in a name? That which we call a rose by any other name would smell just as sweet.” So says William Shakespeare as Juliet longs for Romeo though finds that it “tis but thy name that is my enemy”.
Number of unregistered daycare facilities has risen since pandemic, says education director
EDUCATION Director Dominique McCartney-Russell said unregistered daycare facilities surged after the COVID-19 pandemic –– including one where a dog attacked a child in Grand Bahama last week.
Pratt appointment to Immigration director likely to go to Industrial Tribunal, says Thompson
THE immigration union’s dispute over the Davis administration’s appointment of William Pratt as director of the Department of Immigration will likely be addressed by the Industrial Tribunal after two Department of Labour conciliation meetings failed to resolve the matter, according to new Labour Director Howard Thompson.
Abaco residents renew water billing complaints
An Abaco resident says she has been hit with a $1,300 Water & Sewerage Corporation bill despite being absent from her property for over three years after it was devastated by Hurricane Dorian.
Business Licence audit can’t be ‘too draconian’
A Bahamian accountant yesterday warned against the enhanced Business Licence verification process becoming “too draconian” and urged that some flexibility be provided on a “case by case” basis.
Gov’ts $544m undershoot on Dorian and COVID-19
The two greatest crises in modern Bahamian history resulted in the Government’s 2019-2020 revenues falling $544.1m short of their target, its leading fiscal watchdog has affirmed.
‘Landmark breakthrough’: FTX Bahamas strikes new Ray deal
FTX’s Bahamian liquidators yesterday hailed the settlement reached with their US counterpart as “a landmark breakthrough” that will avoid “years of protracted litigation” which would cost creditors dearly.
Focus on cost of living issues
LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.
