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$700m optimism Bahamas can ‘take oil price pressure’
A “$700m-plus” increase in US dollar purchases from the commercial banks during the 2022 first quarter has given the Central Bank’s governor optimism The Bahamas “can absorb” much of the pressure from high global prices.
TEACHERS’ FEARS ON COVID TRACING: Union concern over ability to properly monitor school cases
THE Bahamas Union of Teachers is concerned about the capacity of the Ministry of Health and Wellness to facilitate proper contract tracing in the face of COVID-19 cases in schools and communities.
IAN FERGUSON: A new vision for Grand Bahama
I had the honour and privilege of attending the groundbreaking ceremony for the Carnival Cruise Line’s port terminal for the island of Grand Bahama yesterday and what a celebration it was.
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.
Regulators to demand BPL fuel hedge report
Regulators will demand “a comprehensive report” from Bahamas Power & Light (BPL) on the effectiveness of a fuel hedging strategy that has been the subject of much recent controversy.
Inflation ‘hurricane’ for property owners
Homeowners and businesses have been warned that soaring inflation could leave them under-insured as the 2022 hurricane season looms, with one underwriter describing catastrophe cover as an “expensive but necessary evil”.
Teachers: Use wisdom over shutting schools
THE Bahamas Union of Teachers is “closely monitoring” the spread of COVID-19 in public schools, its president Belinda Wilson urging the Ministry of Education to “utilise wisdom” as examinations get underway.
Ministry holds meetings over school violence issue
EDUCATION Minister Glenys Hanna Martin said her ministry plans to meet with several stakeholders this week to discuss concerns related to school violence and how government plans to respond to the issue.
Recognise the talent within all employees
In large companies and government agencies, we often run into the challenge of viewing team members as multiple ‘fish’ swimming in a large ocean. Sometimes our companies become so large and impersonal that people - and their talents and gifts - get lost in the fray. I understand this all too well, as I have in many cases felt undervalued in various companies where I have served, both socially and from a work perspective.
‘Hope and pray’: Food, energy cost hike may last three years
Bahamians were yesterday urged to “hope and pray” that the World Bank’s forecast of high food and energy costs lasting three years does not come true, with cooking oil and other staples increasing by up to 80 percent in recent months.
Reimagining education
Throughout its 47 short years of existence, The College of The Bahamas (COB), now University of The Bahamas, has been marked by tides of change. Similarly, in more recent times, we have had change thrust upon us as a nation; first through Hurricane Dorian’s devastation resulting from climate change, and then the catastrophic health and economic impacts of the COVID-19 pandemic.
‘Hardship’ threat over VAT medical bill move
The Government is threatening to cause “additional hardship” for thousands of Bahamians who enjoy private medical insurance through VAT-related reforms that will increase medical bills and treatment costs.
