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Money’s tight - so more using stamps

FALLOUT from the COVID-19 pandemic has caused people to tighten their purse strings, Super Value President Rupert Roberts has said, while noting “more and more” shoppers have been relying on the store’s food stamps to shop.

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A COMIC'S VIEW: All that it took to get people vaccinated was Black Friday

I COULD go so many ways this week; the material has been in abundance.

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ALICIA WALLACE: Time to get serious again and follow the protocols – just like we did a year ago

Here we are again, COVID-19 case numbers rising, tightened restrictions and numerous questions about the effectiveness of the measures put in place by the government. No one wants to be restricted like this, but most of us understand we all need to cooperate in order to help save lives by reducing the spread of the virus.

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Groundbreaking ceremony for FTX headquarters

PRIME Minister Philip “Brave” Davis said FTX Digital Markets’ groundbreaking for its headquarters sent a strong message that The Bahamas is a safe place for international companies to set up shop.

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Barbers hail return of their ‘15% day’

Barbers and beauticians yesterday hailed the easing of COVID-19 restrictions that will enable them to open on Sundays as that day traditionally accounted for 15 percent of their weekly revenues.

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Man who said he found stolen goods in garbage is acquitted

A MAN who said he was arrested after he was found with stolen goods that he had collected from a garbage can was yesterday acquitted after a magistrate ruled that the Crown failed to prove their case to a “requisite” standard.

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‘Higher prices coming in October,’ says Super Value president

Super Value’s president said higher prices are coming to stores in October, but he will do the best he can to keep prices from getting out of control.

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Betting shops new levy scrapped

ECONOMIC Affairs Minister Michael Halkitis said the government will do away with a patron tax on lottery winnings, although the levy was never implemented on gaming houses.

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Retailer’s $10m spend creates up to 70 job

A Bahamian retailer yesterday said its $10m eastern New Providence investment, which has created 60-70 jobs, attracted more consumer traffic than expected during Saturday’s opening.

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The Metaverse

ActivTrades

FACEBOOK recently changed its corporate name to Meta. This is a move that is more than just an attempt to deal with the brand erosion suffered over the last few years, as the controversy surrounding the social network increased due to hard targeting of users and accusations that its algorithms contribute to the polarisation of society through the dissemination of radical views and false information. The choice of name, Meta, hints at the future envisaged by Mark Zuckerberg for the company.

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IAN FERGUSON: The advantages to buying Bahamian

The Bahamas presently imports more than $5.5bn in goods and services annually. Over 94 percent of our food is imported from the US and our other trading partners. For many years we have lamented these statistics, but have not made significant strides towards changing this reality.

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Retailers report strong start to Christmas sales

Bahamian retailers yesterday disclosed that sales for the industry’s vital Christmas season have gotten off to a strong start despite the global supply chain crisis.

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Retailers finally have something to cheer

“Christmas Eve will tell the tale” for one retailer as this Christmas sales season is certainly better than last year, but it is still not quite at 2019 levels.

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‘We buried hatchet’ over retail closure

Super Value’s principal has revealed he and his family “bit the bullet” in closing their loss-making Harbour Bay housewares retailer, adding: “We were fighting a losing battle so we buried the hatchet.”

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Digital assets ‘shot in the arm’ sparks accountants to reunite

The Bahamas’ entry into the digital assets space sparked two well-known accountants to speed up their reunion after a decade apart by merging their two firms with effect from yesterday.

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Social workers stage sick-out

SOCIAL workers at the Department of Social Services in Grand Bahama called in sick yesterday, joining their other colleagues in a sick-out that affected many parts of the country.

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Entrepreneur, Royal Caribbean continue PI crown land battle

A Bahamian entrepreneur and Royal Caribbean last night continued their clash over disputed Paradise Island-based crown land that their separate projects are both competing for.

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Man denies series of Paradise Island thefts

A MAN was charged in Magistrate’s Court yesterday in connection with a series of thefts on Paradise Island that included over $5,000 worth of smart TVs and almost $200 worth of alcohol.

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Hotels won’t rebound to pre-COVID employment

A top hotelier yesterday conceded it will “be very difficult” for existing Bahamian resorts to fully return to 100 percent of pre-COVID staffing levels due to the changed working environment.

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Crystal Cruises halt labelled ‘no big deal’

FAMILY Island vendors yesterday said it was “not a big deal” that Crystal Cruises has suspended sailing until at least the end of April 2022 because they were not benefiting significantly from its stops.