Show advanced options

Select all Clear all

Story

'ShopLocal' efforts beat expectations

Retailers who participated in the initiative to encourage Bahamians to shop at home over Christmas say the returns exceeded expectations, ShopLocal's director told Tribune Business.

Story
Tease photo

Miller ruling reversal: No BOB, govt ‘conspiracy’

A Supreme Court judge has reversed her initial draft verdict by ruling there was “no unlawful conspiracy to deliberately injure” an ex-Cabinet minister in the breaching of five multi-million lease deals.

Story

Bahamians urged: 'Avoid the mad Christmas dash'

Bahamians were yesterday urged to “avoid the mad dash and start shopping early" as more merchants join an initiative to drive increased Christmas purchases locally.

Story

Web shops: Patron winnings tax halted

The long-awaited tax on web shop patrons’ winnings has been further delayed by another legal challenge from the domestic gaming industry, it was revealed yesterday.

Story

Firms 'understate' $18.7m Business Licence turnover

Six companies reported "significantly understated turnover" worth a collective $18.674m on their business licence renewals during the 2017-2018 fiscal year, it was revealed yesterday.

Story
Tease photo

Central Eleuthera faces new water cut-off threat

Central Eleuthera residents face having their water supply cut-off at 2.30pm this afternoon with the provider blaming the situation on inaction by the Water & Sewerage Corporation.

Story
Tease photo

Mitchell: Winnings tax part of assault on web shops

PROGRESSIVE Liberal Party Chairman Fred Mitchell said the impending imposition of a winnings tax on web shop patrons will lead to reduced player participation and layoffs in a sector that employs more than 3,000 workers.

Story

Bahamians urged to support investors as $3m plaza opens

A Cabinet minister yesterday urged Bahamians to shop at home and help rebuild the economy post-COVID-19 as he opened a $3m Grand Bahama shopping plaza.

Story

Outsourcing to drive growth in agricultural

A Cabinet minister yesterday unveiled a privatisation, outsourcing and public-private partnership (PPP) strategy that is designed to reverse agricultural sector contraction and empower Bahamians.

Story

Legacy of the FNM

I recently heard Tommy Turnquest, a former leader of the Free National Movement, listing his party’s accomplishments after four terms in office.

Story
Tease photo

Brewery’s $1.331m loss exposes COVID fall-out

Commonwealth Brewery yesterday unveiled a negative $11.685m bottom line reversal as full-year 2020 revenues slumped by 28.4 percent due to COVID-19’s economic devastation.

Story

Web shops urge patron tax delay

Web shops are urging the Government to reconsider the New Year's Day introduction of the long-awaited patron winnings tax due to the "additional burden" it will impose on COVID-hit consumers.

Story
Tease photo

‘Double edged sword’

Royal Caribbean’s Paradise Island plans are “a double edged sword” that could improve The Bahamas’ tourism product yet “hurt” Bay Street and local entrepreneurs, it was argued yesterday.

Story

Water Corp’s debt to top supplier at ‘all time high’

The Water & Sewerage Corporation’s debt to its main BISX-listed supplier has hit “an all-time high” of $21.7m as COVID-19 continues to erode the government’s ability to prop up the cash-strapped utility.

Story

‘Rapid improvement’ desired over Water Corp’s $22m debt

The Water & Sewerage Corporation’s main BISX-listed supplier says it expects to see “a rapid improvement” in the $21.7m debts owed to it by end-September 2021.

Story

Briland developer slams 'laughable' cruise ship claim

A Harbour Island development and its opponents yesterday renewed battle over allegations the project will impose further strain on the destination's already overloaded water and electricity infrastructure.

Story

‘Water heater sales are lucrative on GB’

A Grand Bahama hotel operator says “it’s a lucrative business to be in hot water heater sales” as his property grapples with the same salt water issues that have afflicted the nearby Grand Lucayan.

Story

Issues and ideas

The Gaming Industry and our economic recovery. This is my second article in a series of articles that I am writing with ideas that in my opinion would boost the Bahamian economy.

Story
Tease photo

Super Value cuts Sunday hours on 25% sales drop

Super Value has slashed Sunday shopping hours after sales “dropped off 25 percent”, its principal revealed yesterday, adding: “They aren’t coming to show off their church hats any more.”

Story

Gambler winnings tax pushed to January 16

Implementation of the tax on web shop patrons' winnings has been pushed back two weeks to January 16 to allow the Government to provide all those impacted with sufficient notice.