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STATESIDE: Showdown in Switzerland but the real challenge is elsewhere
Didn’t it all feel like the run up to a heavyweight boxing match or even the titanic showdown between two powerhouse American football teams?
Beach vendors’ fury as owners move to close off their access
CABBAGE Beach vendors were irate and shocked yesterday to see the Paradise Island beach entrance locked and their items relocated when they showed up on site in preparation for their return to work next month.
Union of Central Bankers members walk off the job
MEMBERS of the Union of Central Bankers walked off the job yesterday citing unresolved grievances with management.
Bahamasair sees revenues fall 84%
Bahamasair’s revenues for the ten months to end-April 2021 plunged by 84 percent year-over-year, a Cabinet minister revealed yesterday, with taxpayers set to underwrite its survival via a $60m-plus subsidy.
‘Major improvements’ needed on bank fees
Almost two-thirds of Bahamian businesses say the fees charged by commercial banks need “major improvements”, according to the findings of a Central Bank survey.
‘Phenomenal’ tourism pick-up - but still below 2019 levels
A Cabinet minister yesterday hailed the “phenomenal rate of increase” in stopover visitor arrivals as a sign “tourism is bouncing back” even though the industry remains more than one-third below 2019 numbers
Water Corp sees cash collections decline by $6m
The Water and Sewerage Corporation continues to endure COVID-19’s “devastating impact” on cash collections which have decreased by 24 percent or nearly $6m year-to-date, its executive chairman said yesterday.
Fisheries exports enjoy 19% value increase in 2020
Bahamian fisheries generated a 19 percent increase in the value of its export earnings in 2020 despite a reduction in the volume of domestic landings, a Cabinet minister disclosed yesterday.
Kalik maker’s loss doubles as revenues decline 15%
Commonwealth Brewery yesterday blamed a 15 percent year-over-year revenue decline for its 2021 first quarter loss more than doubling in comparison to 2020 figures.
Tax breaks renewal ‘definition of insanity’
An ex-deputy prime minister yesterday likened the blanket five-year renewal of all tax breaks under the City of Nassau Revitalisation Act as akin to “the definition of insanity”.
‘HOUSING PLAN JUST ISN’T FAIR’: Turnquest’s challenge to PM’s pet project on affordable homes
FORMER Minister of Finance Peter Turnquest has criticised Prime Minister Dr Hubert Minnis’ housing programme for western New Providence, calling the legislation to facilitate it “inherently discriminatory” and open to a court challenge.
Criminal records of 28 expunged - with 85 pending
NATIONAL Security Minister Marvin Dames said the Bahamas Rehabilitation of Offenders Committee has expunged the criminal records of 28 people to date, with 85 applications pending.
Cruise port chief eyes health visa efficiency gains
Nassau Cruise Port’s top executive says “there is an opportunity to create greater efficiencies” with the COVID-19 related health questionnaires and documents that cruise passengers must complete.
Murders up by 52%
MURDERS and armed robberies jumped by 52 percent and 42 percent this year compared to the same period last year, National Security Minister Marvin Dames said yesterday.
Collegiate Baseball magazine names Stuart Freshman All-American
DAUNTE Stuart received another postseason accolade for his freshman season of milestones with the Northwestern State Demons Baseball programme.
Mike Strachan ‘fits that wide receiver profile’
MIKE Strachan had a promising performance at Indianapolis Colts’ Organised Team Activities (OTAs) and had an opportunity to get repetitions with the first team on the field.
Second phase of Sweeting’s Cay repairs underway
PHASE Two of the Sweeting’s Cay Home Repair Project is underway to repair 14 homes damaged during Hurricane Dorian two years ago.
Work to start on Abaco model homes
NEARLY two years after Hurricane Dorian, Minister of Foreign Affairs Darren Henfield said yesterday that construction will begin on five model homes in Abaco donated by the Bakers Bay group within the next three weeks.
Freeport man accused over gun and drugs
A 34-year-old Freeport man was charged in Grand Bahama on gun, ammunition and drug possession charges yesterday.
Jonquel to take Sun hiatus for international event
Fresh off being named May’s Eastern Conference Player Month, Jonquel Jones continued her dominant play in the WNBA with the conference’s Player of the Week award, and will take a brief hiatus from the Connecticut Sun for international competition.
