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Davis claims jobless rate now below 20%

PRIME Minister Phillip “Brave” Davis said yesterday the country’s unemployment rate is now below 20 percent, a major decrease from that of the pandemic, which he estimated at around 45 per cent.

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'Noticeable' $20m high-end realty pick-up

Top realtors yesterday told Tribune Business they has seen “a noticeable pick-up” in the high-end property market in the last two months, with transactions worth $20 million either closed or in the process of completing.

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Noble Prep Basketball: Day one in the books

THE Noble Preparatory Academy’s (NPA) sixth edition of the Spring Classic Basketball tourney returned to Kendal GL Isaacs Gymnasium yesterday evening.

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A prayer for success ahead of Carifta challenge

WITH less than a week to go before they head off to the 2022 Carifta Games, the Bahamas Associations of Athletic Association’s 54-member team is making last minute preparations before they head off to Kingston, Jamaica.

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Ambassadors Track Club to honour head coach Fritz Grant

FOR the fifth consecutive year, the Ambassadors Track Club, with the help of Florida's Natural, will honour their head coach Fritz Gr

Bahamas ranked in bottom three of finance centres

A FORMER Bahamas Financial Services Board (BFSB) chairman yesterday said a report that ranked the Bahamas a lowly 75th out of 77 global financial centres would "not impact" this jurisdiction's core private wealth management client base, adding that he was "more worried" about G-20 driven regulatory initiatives.

Retailer expands on to Bay Street

A Bahamian retail entrepreneur yesterday revealed he is expanding to Bay Street through a $700,000 investment that will create 20 jobs, adding: "There's always opportunity in the midst of crisis." Andrew Wilson, the Quality Business Centre (QBC) and

Baptist Sports Council’s Annual Family Fun Run/Walk Race winners in spotlight

THE Baptist Sports Council recently held its annual Family Fun Run/Walk Race.

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China virus - nine now placed in quarantine

A PRIVATE plane carrying 14 people from China was denied entry to The Bahamas because of travel restrictions designed to fend off the fast-spreading coronavirus, which has killed more than 300 people.

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Charity seeing 20% hike in food prices

AN increase in food prices at the grocery store has had an adverse affect on one local charity.

‘Extraordinarily high’: Transport costs now 20% of goods prices

A well-known Bahamian retailer is advising locals “to shop early because prices will not be going down” with transport costs accounting for an “extraordinarily high” 20 percent of product costs.

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Government announces plans to borrow $87m

THE Minnis administration yesterday moved two resolutions to borrow a combined total of nearly $87m to defray expenditure and to fund the implementation of a street lighting-retrofitting project.

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NAD gains 20 year extension to LPIA lease

The Nassau Airport Development Company’s (NAD) lease to manage Lynden Pindling International Airport (LPIA) has been extended by a further 20 years to 2057, it was disclosed yesterday.

Bahamas enjoys 20% ‘audience reach’ jump

THE Deputy Prime Minister yesterday said The Bahamas has enjoyed a 20 percent increase in “audience reach” as it increases advertising spending to counter saturation media coverage of its crime woes.

Despite 20% sales growth, business 'ain't what it was'

A Bahamian businessman said yesterday he had seen “slight growth” of 20 per cent in sales at his Prince Charles Drive company, while noting that business “is not like it used to be”.

Bain, Cornish and Ayton shine in NCAA Division I

BAHAMIAN play in NCAA Division I basketball this week was highlighted by breakout games from players working themselves into the rotation with their new programmes.Charles Bain scored in double figures for the first time in his collegiate career for

Jones posts double double as Sun win on opening night

JONQUEL Jones began the 2019-20 WNBA regular season with a double double as the Connecticut Sun won on opening night.

Lions and Royals take series leads

Both defending GSSSA basketball junior division champions are now just one game away from successfully defending their titles following convincing game one wins.

Sports notes

WAYNE Russell III was the only Bahamian competing in the 12th Copa Arabe International IFF Grade 5 Tournament in San Pedro Sula, Honduras, over the weekend. Russell lost in the first round to Robert Lazar in set scores of 6-0, 6-1.

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Defenders prevail

While the Scotiabank Defenders, with the addition of professional player Byron Ferguson, successfully defended their men’s title in the third annual Scotiabank “Defend Ya Spike” Volleyball Tournament at the Kendal Isaacs Gymnasium, the Auto Mall Boomers made their debut by clinching the women’s title.