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100 farmers hit through tobacco grow 'scrapping'
Up to 100 farmers could be impacted by a Bahamian cigarette manufacturer’s decision to “scrap” its Andros tobacco growing plan, its chairman telling Tribune Business that conventional agriculture will also take a hit.
‘Polluters must pay climate costs’
PRIME Minister Phillip “Brave” Davis has called on industrialised nations who contribute heavily to climate change to pay for the hardships brought on by the phenomenon.
Company losing fight against staff lay-offs
An auto parts and hardware store yesterday warned it may lay-off some of its 25 staff members due to the restrictions imposed by the new two-week COVID-19 lockdown.Doreen Rolle, owner/operator of Rolle’s Auto, told Tribune Business: “The hardware sid
Resort ‘hitting all targets’ with 95% of condos sold
The Goldwynn resort’s developer says its condominiums are 95 percent sold with the property “hitting all of its targets” ahead of what is predicted to be a strong 2024.
British Colonial receives 400 manager applicants
Some 400 persons yesterday applied for managerial posts at the re-opening British Colonial with the property targeting a workforce that is 95 percent Bahamian.
Sports in brief
THE defending champions Commonwealth Bank Giants have secured their berth in their divisional final of the New Providence Basketball Association’s best-of-five semifinal series after they completed a two-game sweep over the PJ’s Stingers at CI Gibson Gym Monday night.
‘Worryingly low’ graduation’s blow to high-value economy
The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.
VIDEO: Yacht captain rescued from sea
THE captain of a 95-foot yacht was rescued by a US Coast Guard aircrew after he reportedly fell overboard from his vessel 10 miles north east of Nassau on Wednesday evening.
Gov’t is urged to ‘clarify’ VAT data
The Government was yesterday urged to “clarify” its Value-Added Tax (VAT) collection statistics, a leading private sector executive acknowledging the progress but warning it was too early to “heap praises on ourselves”.
Consultants target 20% market share
Bahamian management consultants are seeking to quadruple their share of a local market in which the Government awards up to $20 million worth of work annually.
US visa concern
Here is a matter of great concern, I am one of the Bahamians who falls in the category of Bahamians who need a US Visa B1/B2 to visit the States, but felt I was wrongly treated in my reapplying for the visa, following numerous submitted applications through a JP Visa prepared my visa wasn't approved, but each time was told I may re-apply at a later date and I always waited over the suggested waiting time six months before re-applying.
Gov't 'good faith' key to Brewery's 100-job growth
Sands Beer’s manufacturer yesterday said its planned $15 million growth strategy, which could more than double its workforce via the creation of “over 100” jobs in the next five-10 years, depends on the Government maintaining the ‘tax advantage’ it holds over its BISX-listed rival.
'Major concern' over BISX listed firm's $5m prefs
The $5 million investment in a BISX-listed firm’s preference shares “is of considerable concern” to the liquidators of its largest client, who have warned that the deal will receive their “continued attention”.
Official police statistics show 3% rise in murder
DESPITE a three per cent increase in murder last year, Police Commissioner Ellison Greenslade said yesterday that serious crimes in the Bahamas decreased by 18 per cent in 2014 compared to 2013.
Bahamians making great strides in the NCAA
IN their new surroundings as freshmen or transfers to major Division I NCAA basketball programmes, Bahamian players have made an immediate impact with their respective schools.
$358m penalty for fraud with Bahamas 'alter ego'
A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.
'Severely hampered' over legal action against Alliance
Liquidators for an alleged multi-million dollar Ponzi scheme have been “severely hampered” by a lack of financing in their efforts to recover a $5 million investment, and pursue legal action, against a BISX-listed company’s main affiliate.
Romad Dean to join Lions this fall
ROMAD Dean will continue his prep basketball career in Toronto, Canada.The former Tabernacle Baptist Falcon will join the Crestwood Prep Academy Lions this fall.Crestwood has competed in Canada’s National Preparatory Association since the 2017-18 sea
24 cases of COVID-19 and two deaths on Sunday
THE Ministry of Health recorded 24 new cases of COVID-19 on Sunday along with two additional deaths.
Auto dealer worry over 'dramatic price' rises
Bahamian new car dealers yesterday warned that the Government’s latest tax proposals would further drive consumers towards used autos, with the constant reforms creating “turmoil” in the market.
