KFC’s 35 lay-offs reveal economic ‘chains’ breaking
The hotel union’s president says KFC’s decision to lay-off 35 workers exposes how “the chains” that bind the Bahamian economy together have either been weakened or broken by COVID-19.
02082021 EDITION
Monday, 8th February, 2021.
Accountants brace for surge in insolvencies
Bahamian accountants are bracing for “an uptick” in corporate insolvency work during the 2021 second half with companies already moving to restructure as hopes for a quick economic rebound fade.
BPC ceases drilling as no commercial volumes of oil found
Environmental campaigners were celebrating this morning after Bahamas Petroleum Corporation announced it has ceased its drilling operations after having failed to find commercial volumes of oil.
All aboard for the market manipulation game
ActivTrades
First GameStop then silver shortly after, hit the front pages of the business press across the globe in the last couple of weeks.
Buccaneers top the Chiefs 31-9, Brady wins Super Bowl No. 7
TAMPA, Florida (AP) — Tom Brady made the Buccaneers, their fans and their city believe from the moment he arrived in Tampa Bay.
Bannister promises action on new Abaco shanty town
THE rapid construction of unregulated structures and the lay out of these homes in a new Abaco shanty town shows “there is tremendous collusion in the community by influential persons,” Works Minister Desmond Bannister said.
Nygard’s Bahamas court actions cost him dear
PETER Nygard’s contempt for The Bahamas’ legal system was a key reason a Canadian judge refused to release the Canadian businessman from detention pending possible extradition to the US.
McCartney won’t be running in election: I’m out of politics
BRANVILLE McCartney, the former head of the Democratic National Alliance, said yesterday he is “sitting out” the next general election, putting to bed rumours he’ll join the Free National Movement’s ticket.
DUMPED: Turnquest dropped from election list and others will follow
PETER Turnquest, the deputy leader of the Free National Movement and former Deputy Prime Minister will not receive his party’s nomination for the next general election.
Speaker wants his cake
A shotgun political marriage of convenience has now ended in a very messy public divorce of necessity.
Vaccines for over-70s
Dear Dr Dahl Regis, Thank you for the Press Conference last evening from the Vaccine Consultative Committee. We have all been watching and waiting for news on the COVID Vaccine programme you are organising.
Moultrie quit pre-emptively
Halson Moultrie’s resignation from the Free National Movement (FNM) should’ve come as no surprise to Bahamians who have been keeping abreast of his every move as House Speaker and Nassau Village MP.
Hield’s 3-pt streak comes to an end
CHAVANO “Buddy” Hield had his worst shooting night of the season and saw his three-point streak come to an end, but his Sacramento Kings continued their recent winning streak.
Bowleg to coach Team Bahamas in AmeriCup Qualifier
MARIO Bowleg will return to the sidelines to coach the Bahamas Basketball Federation men’s national basketball team when they travel to San Juan, Puerto Rico, to take on the United States of America and Puerto Rico in the third and final leg of the FIBA 2020 AmeriCup Qualifier.
Gov't urged: Tackle GB airport's costs if you buy
A prominent Freeport hotelier is warning the Government that it must tackle Grand Bahama International Airport's (GBIA) high costs if its prospective purchase is to "grow the destination".
Kai Jones one rebound shy of 2nd double double this season
KAI Jones finished one rebound shy of his second double double this season while head coach Yolett McPhee-McCuin, Valerie Nesbitt and their Ole Miss Rebels ended a six-game losing streak.
Advocate criticises 'ant like' pace on marijuana
A marijuana advocate has voiced concerns the Government is moving too slowly to legalise the sector and develop industrial hemp, comparing its speed to "an ant trying to nip at a piece of bread".
Chamber director disagrees over severance payout call
A Chamber of Commerce director says he disagrees with the director of labour's call for some employers to pay furloughed workers full severance packages over fears they will not find new jobs.
Gov't grants $116m in Dorian tax breaks
The Prime Minister says the Special Economic Recovery Zones (SERZs) have provided more than $105m in VAT, Customs duty and Excise tax breaks to aid Hurricane Dorian reconstruction.
