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COViD insurance lapses ‘peak out’
Bahamas First’s top executive says general insurance policy lapses have “peaked out” with auto and homeowner coverage uptake closing in on pre-COVID levels as the economy rebounds.
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‘Expect hardship’ from inflation, interest hikes
A former finance minister yesterday warned that “every family can expect hardship” from rising inflation that will exceed the current 7 percent rate in the US.
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Hilton closure shows city ‘not functioning’
The Downtown Nassau Partnership’s (DNP) co-chair yesterday said the British Colonial’s closure shows the destination “is not functioning”, and added: “You never see a Hilton shut in a city”.
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COVID food initiative had ‘highest level of integrity’
The probe into the $51m COVID food assistance initiative will conclude that taxpayer funds were “used to the greatest effect” if it is unbiased, a governance reformer asserted yesterday.
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‘Organising committee chose who went to Dubai’
DIRECTOR of communications Latrae Rahming said an organising committee determined who represented The Bahamas at the world expo in Dubai, adding financial restraints and the size of the delegation influenced their decision.
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University partners in fight against gender violence
UNIVERSITY of The Bahamas has taken a firm stance against gender-based violence as it partners with the Bahamas Crisis Centre and Rotary Bahamas in a bold new social awareness campaign.
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Jibrilu on pre-retirement leave
TOURISM Director General Joy Jibrilu is officially on pre-retirement leave, Tourism, Investments and Aviation Minister Chester Cooper has announced.
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Don’t alienate NGOs in creating ‘political stink’
The Opposition’s leader yesterday warned the Government not to “alienate” non-profit groups and their donors by creating a “political stink” around the $51m COVID food assistance initiative.
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ALICIA WALLACE: If people can’t pay their bills or put food on the table, Mr Cooper, how are they expected to save?
Minister of Tourism, Investments and Aviation Chester Cooper says Bahamians do no save or invest enough, and increasing savings and investments is critical to national growth.
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Top US trade body singles out ‘bribes of convenience’
The Bahamian political system is “beleaguered by reports of corruption”, a newly-released US government report has asserted, singling out what it labelled as “small scale ‘bribes of convenience’”.
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Electricity rate hike ‘blow’ to GB revival
The Free National Movement (FNM) last night branded approval of Grand Bahama Power Company’s base rate increase as “counter productive” for making it more difficult to attract investment.
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Bimini Bay developer to pay $600k on boat theft
Bimini Bay’s original developer has been ordered to pay almost $600,000 plus interest after being found guilty of negligence over the theft of a 41-foot yacht from its marina.
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Bahamian entry changes ‘more alarming’ than CDC
Bahamian tourism operators yesterday shrugged off the latest downgrade by US health authorities, arguing that constant changes in this nation’s COVID protocols are “more alarming” to visitors.
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From remand to jail after prison officers find marijuana
A SENIOR magistrate yesterday sentenced a man who was on remand to eight months behind bars after he was found with 1.5 ounces of marijuana by prison officers last year.
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‘Protocols will be followed to avoid COVID spread during local election’
WITH local government elections approaching, Parliamentary Commissioner Lavado Duncanson said protocols will be followed to mitigate against the spread of COVID-19.
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$1m drug defendant ‘just trying to make money’
A POLICE officer yesterday testified how one of the men accused of being involved in a near $1m drug operation in Exuma last year told the police on the day of his arrest that he “was just trying to make some money”.
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Atlantis heads for Somewhere Else
Atlantis yesterday unveiled a partnership that will see part of the iconic property, the Beach Towers, rebranded under a different name for the first time in its 27-year history.
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Report of 'downed plane' sparks search off New Providence
POLICE officers and Defence Force officers searched waters at the Eastern end of New Providence last night after receiving a report of a downed plane.
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Sir William’s son hits back in $144k dispute
A son of the late Sir William Allen yesterday denied that his father owed a $144,000 debt to a local businessman, and argued that any obligation to repay hinges on a “deal” that has not yet closed.
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GB Power’s ‘major cash flow constraint’ warning
Grand Bahama Power Company yesterday said it will suffer “a significant cash flow constraint” after it was granted just 53 percent of the base electricity rate increase it was seeking.
