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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.
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Dismal start to the year for Port Lucaya Marketplace
The Straw Markets are closed and there are no visitors buying authentic souvenir straw crafts or browsing the stores and eating in the restaurants at Port Lucaya Marketplace - making it a dismal start to 2021.
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Back to school with little sales bump
Retailers are holding their breath for a bump in sales stemming from whatever form schools reopen next month.
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‘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.
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‘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.
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Water Corp ‘author of own demise’ on supply cut-off
The Water & Sewerage Corporation has been blasted as “the author of its own demise” over $644,000 in unpaid bills that resulted in water supply to central Eleuthera residents being cut-off for several days last October.
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Patron winnings tax 'on a game, not Bahamians'
The Ministry of Finance's top official yesterday argued that the imminent web shop patron winnings tax is a levy "on a specific type of game" rather than an attempt to discriminate against Bahamians.
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Super Value chief: 'Our prayers have been answered'
Super Value's president yesterday hailed the supermarket industry's reclamation of its full hours and Sunday shopping, saying: "Our prayers have been answered."
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Flowers defeats web shop chief’s $1m dismissal claim
Craig Flowers’ FML web shop chain has defeated a $1m constructive dismissal claim by a former senior executive who was found to have “abandoned” his post following a probe into “irregularities”.
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Lucayan seeks $3m over water ‘damage’
The government-owned Grand Lucayan yesterday said it is seeking almost $3m in compensation from the Grand Bahama Port Authority (GBPA) for “the exorbitant loss and damage” caused by poor quality water.
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Greater FDI linkages 'beautiful' for locals
A Bahamian manufacturing advocate yesterday said it would be "beautiful" if the Government fosters greater “linkages” between local producers and major resort and real estate developments.
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Time to break cycle
The reasons for the upcoming snap election (the first in Bahamian history) are as clear as daylight. The unprecedented fiscal challenges posed by a year of lost economic activity have the government facing a dilemma long in the making.
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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.
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Kalik maker sees profitability return
Commonwealth Brewery produced a more-than $7.32m bottom line reversal to return to profitability in the 2021 second quarter, with its revival aided by relaxed COVID restrictions and a more open economy.
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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.
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Water Corp debt to major supplier slashed to $15m
The Water & Sewerage Corporation managed to cut the debt owed to its main BISX-listed supplier by $3.3m in October after making zero progress during then first nine months of 2020.
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EDITORIAL: Rules inconsistencies still maddening
THE news about the end of the weekend lockdown might be good news – at least as long as it doesn’t reverse the downward trend of new COVID-19 cases – but it remains maddeningly inconsistent in many ways.
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Bahari Bahamas brand pops up in Grand Bahama
BAHARI Bahamas is returning to Grand Bahama with a pop-up shop to launch its new independence collection at the Port Lucaya Marketplace.
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Six arrests in connection with shop-breaking, stealing
GRAND Bahama Police arrested six persons for shop-breaking and stealing after numerous items were discovered at a residence in Eight Mile Rock.
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Eleuthera water cut-off prevented at last minute
CENTRAL Eleuthera’s water supply enjoyed a last-minute rescue after the Water & Sewerage Corporation finally submitted a newly-signed contract to the area’s supplier before Friday’s cut-off deadline.