Fishermen oppose forced sales to local wholesalers
Bahamian fishermen are opposed to COVID-19 restrictions that force them to sell their product to wholesalers at prices that make it difficult to gain a proper return, an industry representative said yesterday. Adrian LaRoda, the Bahamas Commercial F
Bahamas targets January 1 launch for overflight fees
The Bahamas is aiming to levy fees on aircraft flying through Bahamian airspace by January 1, 2021, a Cabinet minister revealed yesterday, adding: “We think we’re close to a solution.”Dionisio D’Aguilar, minister of tourism and aviation, said the gov
Tourism needs 18 month 'ramp up'
A Cabinet minister yesterday said the tourism industry could take 18 months to fully “ramp up” following the COVID-19 shutdown. Dionisio D’Aguilar, pictured , minister for tourism and aviation, told media outside the Cabinet Office: “Obviously we ha
First female director named for cooperative movement
The Bahamas has appointed the first-ever woman director of co-operative societies in the movement’s 45 year-existence. Cheryl Bowe-Moss, a 39-year veteran of co-operative societies, was preceded in her post by three men. She was first exposed to the
BORCO owner to give $100k COVID-19 help
The owner of Grand Bahama’s BORCO oil storage terminal yesterday said 50 percent of its $200,000 COVID-19 donation to Caribbean countries will go to The Bahamas.
PETER YOUNG: Scientists advise but political leaders must make decisions
People who believe in individual freedom in society and regard themselves instinctively as libertarians normally have an innate distrust of authoritarianism, and, in a democracy, they are on guard against any perceived encroachment by the state on civil liberties.
FACE TO FACE: Shutdown? For Regina, the crisis has opened the door on a whole new audience
Learning how to adapt, learn new skills and become more internet savvy are critical skills to have as we traverse this COVID-19 pandemic.
Massive search for escaped suspect
A massive search continues in Grand Bahama for a suspect following his break-out and escape from the Eight Mile Rock Police Station over the weekend. Superintendent of Police Terecita Pinder told The Tribune police still have not found 27-year-old A
Rebuilding work getting back in full swing, says DRA chairman
DISASTER Reconstruction Authority Chairman John-Michael Clarke said yesterday officials are working to get “back in full swing” to assist with the relief and rebuilding efforts on Abaco and Grand Bahama and speed up the process of reconstruction.
Turnquest dismisses devaluation threat
FINANCE Minister Peter Turnquest has dismissed reports of the government running out of money as false while stressing the Bahamian dollar is not facing a devaluation threat. Yesterday, a statement from Mr Turnquest insisted measures are being taken
NIB expands payouts and extends deadline
THE government has asked the National Insurance Board to extend its unemployment assistance programme for self-employed in the tourism sector to July 1, the agency said yesterday. The National Insurance Board also said the government has also includ
BPL Skyguard Severe Weather Alert 26th May
STARTS: 05/26/2020 04:30 AM EDT EXPIRES: 05/26/2020 9:00 PM EDT
Bahamas facing 'eye popping' 100% debt
The Bahamas faces the “eye popping” prospect that the national debt will equal or exceed the size of its economy come June 2021, a University of The Bahamas (UoB) economics lecturer warned last night. Rupert Pinder told Tribune Business that the Bah
IMF's $252m loan 'prudent and logical'
A former finance minister yesterday backed the government’s move to obtain a $252m “emergency” loan from the International Monetary Fund (IMF) as “a very prudent and logical thing to do”.James Smith, who held the post during the first Christie admini
Luciano's closure makes tourism start 'more critical'
The closure of Luciano’s restaurant, and loss of 72 jobs, makes it “even more critical to open our tourism industry as rapidly as possible”, a Cabinet minister said yesterday.Dionisio D’Aguilar, minister of tourism and aviation, speaking after George
Luciano's operator gives 'more casualties' warning
The operator of Luciano’s yesterday warned that COVID-19 will claim “more casualties” in the Bahamian dine-in restaurant industry after the pandemic put “the final nail in the coffin” for the business and its 72 employees.Ash Henderson, marketing dir
B$ devaluation 'not on horizon'
Devaluation of the Bahamian dollar “is not on the horizon at all”, a former Central Bank governor said yesterday, adding that the country’s all-important foreign reserves have several protective mechanisms around them. James Smith, also a former fin
Cooper claims budget is going to be brutal
PROGRESSIVE Liberal Party Deputy Leader Chester Cooper says the Minnis administration’s 2020/2021 budget will be “brutal” for ordinary Bahamians.
Abaco concerns remain over burial
DESPITE explanations from the Disaster Reconstruction Authority during a press Zoom conference on Sunday, some Abaco residents are still frustrated about the mass burial of Hurricane Dorian victims.
