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Grand Lucayan feels the ‘chill’ with no A/C
The Grand Lucayan’s chairman yesterday blamed the resort’s recent closure to overnight guests on an inferior water supply that “rotted our chillers” and left it without air conditioning.
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Reverse osmosis units arrive in Grand Bahama
THE first shipment of reverse osmosis units has arrived in Grand Bahama for construction of a new three-million-gallon RO plant being built at a cost of $5m by the Grand Bahama Utility Company.
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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.
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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.
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Stealing from the poor
I am writing this letter to you because I am fed up with the unscrupulous practices by merchants across the Bahamas. The stores have decided to take on the reversed philosophy of Robin Hood. In my opinion it is the perfect example of the rich stealing from the poor.
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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.
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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.
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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.
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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.”
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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.
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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.
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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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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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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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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.
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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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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.
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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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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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‘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.
