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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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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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Advice for those travelling to Black Friday sales
HEALTH experts are advising persons considering travel to the US for Black Friday sales to ensure they practice COVID-19 preventative measures.
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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.
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Two VAT holidays to help families cope
PRIME Minister Dr Hubert Minnis announced that both a back-to-school value added tax holiday and a hurricane preparedness VAT holiday will take place during August and July.
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Robbers snatch Miller’s payroll
FORMER Tall Pines MP Leslie Miller says he was robbed yesterday of $2,700 when he went shopping at an Oakes Field grocery store.
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Retailers hope for Xmas 'bump' on Sunday open
Retailers yesterday hailed the "boost" provided by the Prime Minister permitting them to open for the two Sundays pre-Christmas as they bid to end a largely miserable 2020 with a sales "bump".
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Christmas ‘make or break’ for local retail
A Bahamas Federation of Retailers co-chair yesterday warned the upcoming Christmas season will be “make or break” for many merchants still grappling with the COVID-19 pandemic’s devastating economic fall-out.
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VAT cut’s ‘modest’ jobs, growth effect
Cutting the VAT rate to 10 percent will cause “only slight improvement” in job creation and economic growth, a University of the Bahamas (UoB) study asserts, while advocating it still “be pursued’.
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Bahamas First sees Q1 losses increase 50%
Bahamas First yesterday blamed a decline in the value of its investment holdings and a $4.1m year-over-year reversal on its Cayman health insurance portfolio for a $1.344m first quarter loss.
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$3m contract signed for Cat Island water
A $3m contract was signed yesterday between the Water and Sewerage Corporation and Island Site Development Company to bring potable water to hundreds of residents in Cat Island for the first time, marking an end to what officials called a long and difficult chapter.
