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Larson a victim of fragility?
I must confess from the outset that I too had joined the chorus of irate Black Bahamians subsequent to revelations in Parliament by Prime Minister Philip “Brave” Davis that the former Free National Movement (FNM) government had paid Susan Holowesko-Larson $1,750 per week to chair the National Food Security Taskforce.
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FNM: What led to decision to terminate workers?
DESPITE the Freeport Container Port reversing its decision to terminate some 20 staff, Free National Movement MP for East Grand Bahama Kwasi Thompson said he believes it is still incumbent on the government to investigate the circumstances that led to the decision in the first place.
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Water Corp supplier in ‘tremendous’ costs rise
THE Water & Sewerage Corporation’s main supplier says the cost of operating its two New Providence reverse osmosis plants has increased “tremendously” over the past year due to the rise in global oil prices.
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Bank to ‘double’ dividend on pre-Dorian profit return
Commonwealth Bank will this month “double” its quarterly dividend payment, and return more than 27 percent of year-to-date profits back to shareholders, as it forecasts returning to pre-Dorian annual profits of $50m-$60m for 2022.
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Bank’s nine-month $58m beats full-year profit goal
Commonwealth Bank is targeting its growing deposit base for new borrowers after hitting its 2022 full-year profit goal in just nine months through a $58.22m bottom line.
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Bank wipes out $30m loss in three months
A BISX-listed bank says its best first quarter for a decade has more than wiped out the near-$30m full-year loss it suffered for 2021, which was sparked by a 41.4 percent jump in bad loan impairments driven by COVID-19 fall-out.
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PM's 'swift intervention' reverses decision to lay off 20 Bahamian workers at Freeport Container Port
THE decision to lay off 20 Bahamian workers at the Freeport Container Port has been reversed following the “swift intervention” of Prime Minister Philip “Brave” Davis, according to an official statement by the Ministry for Grand Bahama.
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Govt reverses previous administration's stance on Venezuela's Maduro regime
In light of three countries being excluded from the upcoming Summit of the Americas, Foreign Affairs and Public Service Minister Fred Mitchell has announced that the government is reversing the previous administration's position on Venezuela and is now supporting Nicholas Maduro's regime.
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‘One step forward, two back’ before port layoff reversal
GRAND Bahama’s Chamber of Commerce president yesterday said it feels like the island constantly takes “one step forward, two steps back” prior to Freeport Container Port reversing the termination of 20 workers.
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PLP food tax attack on poor
The PLP fooled the Bahamian people on the campaign trail. They said they would lower VAT. That sounded good. No one likes paying taxes. Everyone wants taxes lowered.
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Make Gov’t debt ‘best in country’
A well-known businessman is arguing that the Government’s securities must again become “the best debt in the country” as he hailed the Central Bank’s reversal of its public brokerage services.
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EDITORIAL: Nice words, but what is actually being done?
GLASGOW last year, Rwanda this week, Egypt for the COP27 conference in November … with all this jetting around the world, our climate change problems must be on the way to being solved. No?
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Governing for benefit of Bahamians
There are encouraging signs that the present PLP government will go further than Mr Christie’s in reversing the ingrained national inferiority complex that has done this country such harm in terms of policy since 1992.
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DPM aims to ‘double’ stopovers in 3 years
The Bahamas is aiming to “double” stopover visitor numbers within the next three years as it bids to reverse its “shrinking” share of the Caribbean visitor market, the deputy prime minister revealed yesterday.
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Push for reverse sexual orientation discrimination
MEMBERS of the LGBTQ+ community in The Bahamas seem to have a sense of entitlement and an us against them mentality.
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Two year prison sentence for shop breaking
A MAN was sentenced to two years in prison yesterday after admitting to shop-breaking to fund his cocaine addiction.
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Gas price crisis wiping out retailers’ profits
Bahamian gas stations say “no business operates” on the unsustainable seven percent gross margins they are enduring amid warnings the sector may have to cut jobs and operating hours to survive.
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Opposition: Is customs broker ‘integration’ legal?
THE Opposition’s finance spokesman last night queried whether the Customs laws and regulations must be changed before mandating that brokers acquire third-party software to “integrate” with its electronic import clearance system.
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