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Man accused of series of armed raids

A 20-year-old man was arraigned in a Magistrate’s Court yesterday charged with robbing nine people of more than $50,000 worth of cash and merchandise in the last six months.Edward Colebrooke, also known as “EJ”, stood before Chief Magistrate Joyann F

Forbes: Vaccine coverage must be the priority

THE country’s top infectious disease expert says vaccine coverage in the country needs to be prioritised as less than 40,000 Bahamians have been fully vaccinated and COVID-19 cases surge again.

‘No disruptions’ for face-to-face instruction in Grand Bahama

THE resumption of face-to-face instruction on Grand Bahama continues to progress very well, according to District Superintendent of Schools Ivan Butler, who reported a high turn-out of teachers and students during the first two days.

Deal signed for 507 more CCTV cameras

THE Ministry of National Security signed a contract with Proficient Business Services yesterday for the expansion of the government’s closed-circuit television system, adding an additional 507 cameras to the initiative. National Security Minister Ma

Mitchell: Bill may let web shop owners launch banks

FOX Hill MP Fred Mitchell has questioned whether the new Banks and Trust Companies Regulations (Amendment) Bill will open the door for web shop owners to petition the Central Bank for permission to launch their own lending institutions.

Properties taxed on just 40% of value

The average Bahamian property is being taxed on just 40 per cent of its market value, a report warning that this is creating “efficiency and equity distortions” that undermine revenue yields and compliance.

$42.5m Gov’t bond issue ‘50-60% oversubscribed’

The Government’s latest $42.5 million bond offering was expected to “at least 50-60 per cent oversubscribed”, its lead arranger told Tribune Business yesterday afternoon, just hours before its close.

INSIGHT: Fishermen renew pleas to protect our marine resources from poachers

I congratulate our fine men and women of the Royal Bahamas Defence Force (RBDF) for the capture of yet another Dominican poaching vessel.

John Kerry: US ‘delegation here to listen’

UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.

Abaco frustration over growing shanty towns

CONCERNED Abaco residents who have repeatedly voiced frustrations about the growing shanty towns on the island want the government to “put their money where their mouth is” when it comes to dealing with the unregulated communities.

Month’s end closing for John S George

One of the Bahamas’ best-known and historic retail names is ceasing business at month’s end with the loss of “under 15 jobs”, its owner yesterday telling Tribune Business he had been unable to “make inroads” into the annual $1 million losses it was suffering when he took over.

Grey Goose founder's son denies February Point bid

The son of the Grey Goose Vodka brand’s founder has denied to Tribune Business that he is leading an investor group seeking to purchase Exuma’s 80-acre February Point development, while acknowledging homeowner concern over the Hart family’s exit plans.

Brewery boosts efficiency 45%

The Bahamian Brewery and Beverage Company’s founder yesterday said the company had improved its efficiency “at least 45 per cent” since it was created five years ago, envisioning its further expansion to a 175-strong workforce.

Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

Trent Deveaux signs $1.2m deal with Angels

In January, when Trent Deveaux mulled his decision on which MLB club he would eventually sign to, he said one determining factor would be: “Any place with good weather.”

Vaccination move is shot in the arm

TOURISM Minister Dionisio D’Aguilar said he thinks allowing fully vaccinated travellers to The Bahamas without a negative COVID-19 RT-PCR test will make the country a more attractive destination for visitors.

Digital building permits hailed as ‘long overdue’

The Bahamas Society of Engineers (BSE) president yesterday hailed as “long overdue” plans to slash building permit turnaround times by going digital, branding the 60-80 percent reduction target as “achievable”.

‘Nothing to lose’ over concrete export venture

A former Bahamian Contractors Association (BCA) president says the country must explore transforming itself into an exporter of pre-cast concrete products, and urged: “We have nothing to lose.”

CARICOM, Latin American nations ‘front of mind’ with regards to US vaccines

A UNITED States official said the Biden administration has not made a final decision yet on which countries will benefit from America’s promised vaccine sharing but stressed the COVID-19 situation in CARICOM and Latin American nations has been “front of mind”.

Insurance cuts Aliv's Dorian cost to $2.5m

Aliv’s subscriber base grew by 20 percent during the final six months of 2019, its top executive revealed yesterday, after the mobile operator shrugged off $2.5m in one-off net Dorian costs. Damian Blackburn told Tribune Business it had “recovered a

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