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GB chamber chief opposes trade zone going to Freeport
Grand Bahama’s Chamber of Commerce president yesterday said he does not support the proposed North Andros Free Trade Zone coming to Freeport. Gregory Laroda told Tribune Business that the project, conceived by Los Angeles billionaire philanthropist,
Bimini targeting July 4 re-opening boost
Bimini businesses are hoping the re-opening of the island’s major resort in time for “one of the three busiest weekends of the year” will provide a post-lockdown boost. Neal Watson, owner of Neal Watson’s Bimini Scuba Centre, told Tribune Business of
Shot toddler still has the bullet inside her
THE mother of the two-year-old girl shot in Eleuthera on Saturday night believes the gunmen were after a man who lived nearby and not her mother’s house. The toddler, Da’Nyla Roberts, was sitting on the porch in her grandmother’s arms when she was s
Central Bank reassures on $2bn reserves
The Bahamas’ key foreign currency reserves were maintained at around $2bn through the peak of the COVID-19 lockdown amid predictions yesterday that they will remain “more than adequate” to sustain the US dollar peg. The Central Bank, unveiling its m
$6m investor injection 'biggest in over a year'
A Bahamian investment bank yesterday revealed that investors injected “the biggest monthly sum that we’ve seen for over a year” into its mutual funds immediately upon the easing of COVID-19 restrictions. Michael Anderson, RoyalFidelity Merchant Bank
Alleged child abductor faces court date
ALLEGED child abductor De’Edra Gibson will appear before Justice Bernard Turner next week to receive the date she will stand trial for abducting four boys from various places in New Providence early last year. Last April, Gibson was charged before M
Tour operator hits out at COVID capacity inequity
A Bahamian tour operator yesterday complained that a double standard is being imposed through the stipulation that buses and vehicles can only operate at 50 percent capacity.Marvin Gibson, general manager of Marvelous Tours, told Tribune Business thi
Resorts back narrowed COVID-19 test window
Bahamian resorts yesterday backed the Government’s decision to narrow the COVID-19 testing window for tourists from ten to seven days prior to travelling even though the move has caused some market confusion.Matthew Brear, Cape Santa Maria’s general
Lucayan on high alert for 'unrest'
The Grand Lucayan will today be placed on high alert due to expected industrial unrest over the termination of 170-plus staff, with its chairman pledging: “I’m going to nip this in the bud.” Michael Scott QC told Tribune Business he will respond wit
Tourism providers find re-opening tough going
Several tour, attraction and excursion providers say they are struggling to understand and implement the necessary COVID-19 protocols after the Prime Minister yesterday gave the go-ahead for their July 13 re-opening. Peter Rebmann,Pearl Island’s man
University of the Bahamas office operations resume on July 1
THE UNIVERSITY of The Bahamas will resume office operations for employees at Oakes Field Campus and North Campus in Grand Bahama on July 1. It is a part of their transition into phase two of their reopening plan.
Struggling mother left owing four months' rent
A MOTHER-of-three says she needs a job and approximately $1,600 for the four months of rent she owes her landlord. Although she has a home-based nail business, 35-year-old Tassia Thompson said she was unable to pay her $400 monthly rent from March t
Loss of a legal legend
PETER Graham, a former parliamentarian and the founding partner of Graham Thompson, died suddenly Wednesday night having planned to fly with friends on Thursday morning to his special island retreat - Hog Cay just off Long Island. It is said that he
Food stores predict 20% sales decline
Food store retailers yesterday said they expect sales to drop by 20 percent between now and September. Atwell Ferguson, Golden Gates Supermarket’s general manager, told Tribune Business: “Sales have dropped for sure since the pandemic, and basically
Food stores brace for sales plummet
Super Value’s president yesterday revealed he is bracing for a “below normal” sales decline as the post-COVID lockdown reality bites, and said: “If we fall ten percent below last year we’ll be in trouble.” Rupert Roberts told Tribune Business that t
Grand Lucayan lay-offs start on Holistica deal
The Grand Lucayan resort was yesterday said to have begun the “phased” termination of its remaining 208-strong workforce as it readies to complete the property’s sale to the ITM Group/Royal Caribbean joint venture. Michael Scott QC, the Grand Lucaya
Baha Mar receivers’ actions ‘a shocker’
A New York judge says it is "a shocker" that Baha Mar's former receivers and contractor kept the Bahamian Supreme Court in the dark over
Entertainment venues hopeful on re-opening despite no date
Cinemas and entertainment destinations yesterday voiced optimism they will be able to re-open in July even though the Government’s latest COVID-19 emergency powers Order gives no date for this. Chris Mortimer, Galleria Cinemas’ president, told Tribu
Davis calls on govt to reject Andros proposals
PHILIP “Brave” Davis has called on Bahamians to urge the government to reject two development proposals for North Andros, which aim to harvest aragonite in the island. His comments come after this newspaper last week revealed three separate investmen
Atlantis defends contract worker re-hiring move
A former candidate for the hotel union’s presidency yesterday called for a government investigation as he blasted Atlantis for keeping himself and other full-time staff on furlough while re-engaging contract workers. Dave Beckford, a 25-year employe