Story
Bahamas’ ‘rosy picture’ not making the grade
A top insurer was yesterday “hoping and praying” The Bahamas can reverse its continual downgrades despite the Government’s “rosy picture” of its fiscal and economic standing failing to convince the rating agencies.
Story
Loss-making SOEs: You’ll ‘pay one way or another’
Bahamians must decide whether to pay the full cost of public services directly or as taxpayers to eliminate the financial “black hole” created by many state-owned enterprises (SOEs), a prominent banker is arguing.
Story
GOVT WILL TALK TO PHARMACIES: Shut down has ended - for now
ECONOMIC Affairs Minister Michael Halkitis yesterday insisted the government will not reverse its decision to enforce new price control regulations despite the “unexpected” shutdown action taken by pharmacies yesterday.
Story
‘Disappointed’ in Eleuthera water firm
WATER and Sewerage chairman Sylvanus Petty expressed his disappointment with Aqua Design, the company contracted by the government to provide water to Central Eleuthera due to the repeated disruptions in supply.
Story
Man charged with string of robberies on Exuma
A MAN from Exuma was granted bail on Friday for a string of robberies on the island and was also ordered to pay a fine on a drug charge.
Story
$100k fine for drugs charges
A MAN was fined $100,000 yesterday for drug charges dating back to 2014.
Story
SERIAL THIEF JAILED FOR TWO YEARS AND FINED FOR DRUGS
A SERIAL thief was jailed for two years yesterday after he admitted to his latest attempted raid last year.
Story
Sales beginning to rise ahead of school return
LOCAL businesses say they are beginning to see sales ramp up as customers shop for supplies in anticipation of the opening of schools in the coming weeks.
Story
School supplies vat holiday gives boost for retailers
RETAILERS are gearing up to take advantage of the late renewal of the Value Added Tax (VAT) holiday for school supplies.
Story
Barbers and beauty salons ‘rebound well’ from COVID
BARBERS and beauty salons were yesterday said to be “rebounding very strongly” from previous COVID-19 restrictions as more professionals return to work in the sector.
Story
Psychological test for theft accused
A MAN was ordered to have psychological evaluation after being sent to prison on a shop-breaking charge.
Photo
Photo
Story
FINCO chief warns on low growth ‘challenge’
FINCO’s chairman has warned shareholders it will “continue to be challenged” with low growth and credit losses despite a more than four-fold increase in net income to $39.235m for the 2021 financial year.
Story
Bahamas tariff model deemed ‘back to front’
The Bahamas’ tariff structure is the reverse of the conventional model applied by most countries to protect domestic producers from foreign competition, the draft National Trade Policy argues.
Story
Report: Dire warning for The Bahamas if temps rise by 1.5 degrees celsius
THE country faces the threat of intensified tropical cyclones, sea level rise and declining freshwater resources if global temperatures exceed 1.5 degrees Celsius, a new report has warned.
Story
Injunction on blood transfusions
The New York Times has posted a digital version of a June 12, 1977 article regarding the death of one Nathan H. Knorr on the Internet. Unbeknownst to most Bahamians, Knorr was the third president of the US based Watch Tower Bible and Tract Society - succeeding Judge Joseph Rutherford in 1942.
Photo
Story
Man gets one year in prison for marijuana possession
A MAN was sentenced to a year in prison yesterday after he changed his plea and admitted to having $70,000 worth of marijuana in 2018.
Story
‘Severe water crisis’ in Sweetings Cay
FORMER State Minister for Finance Kwasi Thompson MP has called for action over a “severe water crisis” in Sweetings Cay.