Private pilots: ‘Trust but verify on show stopper’
Private pilots plan to “trust but verify” pledges by Customs to ease clearance reforms that some argue could cost this nation up to 25 percent of its existing business if implemented in their original form.
Super Value slashes inflation impact 20%
Super Value’s principal says he does “not expect” The Bahamas to be hit by the baby formula shortage afflicting the US, while the supermarket chain’s buying strategies have reduced food inflation’s impact by 15-20 percent.
Bud ‘fight’ on Burns House supply loss
Budweiser’s parent should have given BISX-listed Commonwealth Brewery more than one year’s notice warning when it terminated their distribution agreement and forced the Supreme Court into “uncharted territory”.
Bahamas First chair urges ‘exemption’ on insurance investing
Bahamas First’s chairman is urging the Government and Central Bank to give property and casualty insurers a “special exemption” to invest overseas and help improve their financial resilience to natural disasters.
DEREK SMITH: ‘Digital transformation’ - The second part is key
Every company has been forced to reinvent itself, or re-evaluate how it does business, due to a digital evolution that some might call a revolution. Large companies have invested substantial resources in what is usually referred to as “digital transformation”. However, a problem occurs when they undertake a digital transformation plan without a clearly defined vision of what this should entail.
Digital assets are no ‘silver bullet’ to rescue economy
A Cabinet minister and a member of the Government’s Digital Advisory Panel have both warned that digital assets are not a “silver bullet” that will rescue the Bahamian economy by themselves.
Bahamas may ‘run out of runway’ for reforms
A Caribbean economist has questioned whether The Bahamas will “run out of runway” before key reforms “bear fruit” sufficiently to avert an economic and fiscal crisis.
Airline eyeing Out Island expansion
An airline is aiming to expand commuter flights to Cat Island and Eleuthera by year-end as it seeks to ramp-up service to more Family Islands.
Tricky Russians
ActivTrades
EVEN many Russians cannot believe their eyes at the exchange offices in Moscow: The ruble is getting stronger and stronger. The Russian war of aggression against Ukraine, western sanctions, the mass departure of companies - all of this is weakening the country’s economy. On Thursday, for example, McDonalds announced the sale of its 850 stores to a Siberian businessman. This should also affect the ruble exchange rate.
Speed thought to be factor in death
POLICE are investigating a traffic fatality that occurred when a man crashed after reportedly speeding on West Bay Street on Saturday evening.
Man killed in hit-and-run crash
AUTHORITIES are currently investigating an apparent hit-and-run traffic accident on Kemp Road that occurred early Saturday morning, leaving one man dead.
Talks keep going - as gas prices keep rising
THE vice-president of the Bahamas Petroleum Dealer’s Association, Vasco Bastian, says he is uncertain if gas prices will stabilise anytime soon as negotiations between his organisation and the government continue.
Police seize $1.3m cocaine haul
POLICE arrested 21 Chinese nationals after 68 kilos of cocaine were seized in a $1.3m drug bust on a cargo boat near Arawak Cay on Sunday.
'Carbon monoxide poisoning' cause of deaths at Sandals Emerald Bay Resort
CARBON monoxide poisoning was found to be the cause of death of three American tourists who were found at Sandals in Exuma earlier this month, The Tribune was told.
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.
Trio qualify for World Under-20s
SPRINTERS Antoine Andrews, Paige Archer and Lacarthea Cooper were the latest athletes to qualify for the World Athletics’ Under-20 Championships scheduled for Cali, Colombia from August 1-6.
Nurses have given so much - so company buys them lunch
In celebrating its 13th anniversary and a continued commitment to giving back to the Bahamian community, the Bahamas Striping Group of Companies plans to celebrate nurses and the work they’ve done during the pandemic and beyond, by treating 300 nurses to lunch at the end of the month at Manuelo’s Restaurant.
Spread the message on climate change
Almost exactly 30 years after the United Nations declared at COP1 that human activities are changing the Earth’s climate and that these “adverse effects are a common concern of mankind,” little has changed for the better, and the facts remain:
Pintard went too far in Minnis criticism
I always send my draft letters to a dear friend before I publish them. We graduated high school together in the late 1970s, and have remained close all these years.
