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NIB reserves still ‘stable’ at $1.6bn
A Cabinet minister yesterday said the National Insurance Board’s (NIB) reserve fund “remains stable” at $1.6bn despite multi-million dollar COVID-related unemployment benefit payouts.
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‘Grave bearing’ for shipping’s safety
The Nassau Container Port’s top executive yesterday called for long-needed repairs to the harbour’s breakwaters to become a high-priority item given the “grave bearing” for shipping safety.
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FNM’s one day convention to cost $100,000
THE Free National Movement’s one-day convention on November 27 to select its new leader is an “expensive” undertaking and will cost the party an estimated $100,000.
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Winder stepping down as Commonwealth chief
Commonwealth Bank’s president, Raymond Winder, is stepping down to be replaced by the BISX-listed institution’s chief operating officer, Tribune Business can reveal.
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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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Retailers face nervous festive inventory wait
A BAHAMIAN retailer yesterday said “goods are sitting in places and we can’t get them”, as she lamented the supply chain woes disrupting the run-up to a vital Christmas season.
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‘Families still in need’
AN official from a local charitable organisation said while the need for food assistance has decreased, there are still about 9,000 families or 36,000 individuals in dire need of help.
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International Bazaar is an embarrassment
Fire fighters of the Grand Bahama Fire Services, the Grand Bahama Shipyard and Buckeye Bahamas averted an unmitigated disaster by quickly outing the fire blaze at the once popular International Bazaar.
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DIANE PHILLIPS: The Atlantis lesson on xenophobia
SOMEONE I highly respect reminded me recently of the reaction Bahamians had when we heard a hotel magnate from South Africa, a man known to throw lavish parties aboard a private jet and enrich himself in a land of apartheid, had purchased much of Paradise Island. Bahamians were enraged, apoplectic.
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INSIGHT: We’re not being alarmist - the dangers we face are real
SMALL island states are experiencing global warming in ways that most of us can barely imagine.
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IAN FERGUSON: Inviting the giving spirit to your firm
THANKSGIVING Day, even in The Bahamas, usually signals the start of the festive season and the season of giving. This year, the spirit of giving is even more critical as the world rebounds from the terrible grip of the global pandemic.
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IAN FERGUSON: Positive steps to a healthy workplace
A focus on employee health and wellness has become critical for many companies. Designing and managing employee wellness programmes, and developing strategies for helping workers achieve their health goals, is an important step in improving the health and productivity of employees.
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Caribbean Bottling yet to ‘dent’ 15-18% sales gap
Caribbean Bottling’s president yesterday said it has yet to “materially dent” the 15-18 percent gap with pre-COVID sales levels as he voiced doubts that the divide will close in 2022.
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BOB: Unleash us for commercial lending
Bank of the Bahamas’ managing director is urging the Central Bank to “level the playing field” by removing the restrictions imposed on its commercial lending in the wake of its near-collapse.
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DIANE PHILLIPS: Desi and Di hanging up their aprons
USUALLY when someone says the kitchen is closed, they mean for the day. But come November 22, when Desi and Di hang the closed sign on The Kitchen it will be for good. After more than 22 years and more chicken dishes, quiches and bowls of okra soup than they can count, the little deli on Shirley Street will become just another part of Nassau history.
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Murder convict fails to release $11.4m freeze
A convict serving a 50-year sentence for murder has failed in a bid to overturn an Order that froze up to $11.4m of his assets held by Bahamian financial institutions.
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Medical centre plan for Eight Mile Rock
Doctor’s Hospital has announced plans to open its Kavala Medical Centre in Eight Mile Rock, Grand Bahama, by early next year.
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Bahamas Bowl: Blue Raiders, Rockets accept invites
NASSAU, Bahamas – Middle Tennessee Blue Raiders will represent Conference USA and Toledo Rockets will represent the MidAmerican Conference as both institutions accepted bids today to the 2021 Bahamas Bowl, set for Friday, December 17 in Nassau’s Thomas A Robinson National Stadium.
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Payment provider eyes 20-25% profit increase
A Bahamian digital payments provider is forecasting a 20-25 percent profits increase in 2022 based on the financial transactions it handles being “no less than double” this year’s $100m.
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Big Red Madness tribute to principal Sonja Knowles
IT was a fitting Big Red Machine Madness tribute as the faculty, staff, students, parents, alumni and friends came together on Saturday to help close the door on a long and illustrious career of Sonja Knowles as a former student, teacher, vice principal and principal of St Augustine’s College.
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