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Credit unions brace for ‘heightened oversight’
The Central Bank has pledged that credit unions will be subjected to “heightened oversight” because they have “very minimal excess capital” with which to withstand a surge in COVID-related loan delinquencies.
Union chief warns there must be safety plan for all in schools
BAHAMAS Union of Teachers president Belinda Wilson believes schools should reopen in the coming weeks as planned but warned a comprehensive strategy must be implemented for the safety of all.
A TRUE BAHAMIAN PATRIOT: Former Governor General Arthur Dion Hanna dies age 93
FORMER Governor General and Deputy Prime Minister Arthur Dion Hanna, the ardent progressive whose faith in Bahamians helped push The Bahamas toward independence and sparked the Bahamianization policy that defined an era, died at home yesterday at 93.
EDITORIAL: A swift response - now make sure it is a thorough one
WHEN The Tribune reported last week on wood infested with an invasive beetle in Grand Bahama, this column called for swift action.
PETER YOUNG: Vaccines are essential but so is personal choice in a Free Society
SO much has been written recently about the compelling need for vaccinations in face of the new surge of COVID cases in The Bahamas that I hesitate to add to the plethora of comment. But two developments encourage me to offer a few observations – the Prime Minister’s wise and appropriate national address last Wednesday and the action by the Democratic speaker of the US House of Representative threatening to arrest staffers not wearing masks in the building, with many saying this amounts to a reprehensible abuse of power.
Doctors in 40% public GB hospital ownership
Doctors Hospital is planning to offer at least a 40 percent collective ownership stake to Grand Bahamians in the $15m-$20m hospital it plans to open on that island by the 2022 second quarter.
Gaither falls short of final place, Colebrooke seventh in his heat
TYNIA Gaither’s bid for a spot in the final of the women's 100 metres and Samson Colebrooke's attempt to get out of the first round of the men's 100m heat fell short on Saturday night at the 2020 Olympic Games.
132 new cases of COVID-19
THE latest Ministry of Health COVID-19 Dashboard has recorded 132 new infections in The Bahamas with 94 of them being in New Providence.
‘Cannot stop the economy again’
Bahamian businessmen yesterday voiced relief that the prime minister did not unveil a COVID-19 lockdown or further restrictions in his Wednesday night address, asserting: “You cannot stop the economy again.”
ALICIA WALLACE: Time to get serious again and follow the protocols – just like we did a year ago
Here we are again, COVID-19 case numbers rising, tightened restrictions and numerous questions about the effectiveness of the measures put in place by the government. No one wants to be restricted like this, but most of us understand we all need to cooperate in order to help save lives by reducing the spread of the virus.
Liquidator blasts own creditors committee
A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.
Govt defending ‘sole source’ Customs app
A top Ministry of Finance official yesterday defended the decision to accept a “sole source” bid for the app that now allows persons to file their Customs declarations electronically prior to arrival in The Bahamas.
Unions fearing ‘chilling effect’ if orders extend
Trade union leaders yesterday warned that any extension of the COVID-19 Emergency Orders will have “a chilling effect” on the Bahamian workforce with 60 percent of hotel union members still furloughed.
Low testosterone levels in men linked to more severe COVID-19 cases
A fourth COVID-19 surge in reported cases, hospitalisations and deaths has our small nation’s healthcare system on the brink of disaster. The more contagious Delta variant and vaccination hesitancy among young adults, in particular, has led to an increase in younger COVID-19 patients being admitted to hospital with severe cases of the virus, when compared to the three previous pandemic surges.
Tourism ‘90% unaffected’ by COVID-19 tightening
Tourism industry executives yesterday voiced optimism that the industry’s recovery will not be impacted by the government’s tightening of COVID restrictions, with one asserting it will be “90 percent unaffected”.
You may have heard this before from BPL . . . PLEASE BEAR WITH US
BAHAMAS Power and Light chairman Dr Donovan Moxey has called for consumers to “bear” with the company following several recent power outages in New Providence, insisting the electricity provider is doing “ everything” it can to improve service.
BPL chief hails $15m storage ‘game changer’
Bahamas Power & Light’s (BPL) chief executive yesterday hailed its planned $15m battery storage facility as a “game changer” for energy costs, efficiency and supply reliability.
BPL Abaco restoration ‘advanced’
BAHAMAS Power and Light Company is at the advanced stage of their restoration efforts in Abaco post Hurricane Dorian, according to chief operating officer Ian Pratt.
The importance of the Olympic Games
ActivTrades
THE Summer Olympics finally got on the way last Friday, in Tokyo after a year’s delay caused by the pandemic.
Top restaurant’s manager laments COVID measures
An executive with a prominent restaurant says the tighter COVID restrictions “don’t make any sense” as he lamented the earlier curfew, indoor dining prohibition and discrimination in favour of hotels.
