S&P: Bahamas to shrink by 16%
Standard & Poor’s (S&P) last night forecast that the Bahamian economy will shrink by an “unprecedented” 16 percent in 2020 as it further downgraded this nation’s sovereign creditworthiness.
Price regulator in egg shortage fear
The Price Control Commission’s (PCC) chairman yesterday said he had urged the Government to cut the duty rate on eggs by two-thirds as he warned consumers to brace for shortages within a week. Danny Sumner told Tribune Business : “Items that are pri
BPL finances ‘more perilous every day’
Bahamas Power & Light (BPL) has been unable to exploit the all-time low in global oil prices, a Cabinet minister revealed yesterday, adding: “Its finances get more and more perilous every day.”
Hotel Union clarification
Darrin Woods, the Bahamas Hotel, Catering and Allied Workers Union (BHCAWU) president, yesterday clarified that the “advance” financing the assistance being provided to its 5,500 members next week is NOT a loan which they or the union have to repay.H
'Flags of convenience are over'
A LOCAL environmental group has said the era of “flags of convenience” is over amid the COVID-19 pandemic, adding the government needs to rethink its relationship with the cruise industry.
Suspect patients breaching isolation
HEALTH officials yesterday admitted that the self-isolation method they’ve prescribed to suspected and confirmed COVID-19 cases is not working, adding they are currently reviewing the measure.
In line for hours to get voucher that won't feed her family of four
After standing in line for several hours early on Tuesday morning at the Department of Social Services, an unemployed Grand Bahama woman said the monthly food voucher she was given is not enough to feed her family of four.“I was nearly brought to tea
Fined for going to get snacks during curfew
A 28-year-old man, who told police he left home to get a drink and a few snacks, was fined $400 yesterday for violating the recent five-day lockdown.Mikin Michel was among several people who appeared before Magistrate Ambrose Armbrister yesterday for
Mako swimmers to make splash in US colleges
MAKO Aquatics Club, coached by Travano McPhee, has produced several CARIFTA swimmers and two national championships in their brief history and now they are adding to the number of swimmers they have competing in the NCAA.
Two accused over videos
A MAN and a woman were arraigned in Magistrate’s Court yesterday in connection with videos posted on social media of the two allegedly threatening to rob people due to COVID-19 restrictions in the country. Marque Beckford Jr, 27, and Ra’Queisha McPh
$1,000 fine for dangerous drugs
A 27-year-old man convicted of possession of dangerous drugs with intent to supply was sentenced to nine months in prison and fined $1,000 yesterday.Shaquille Woodside, appearing before Magistrate Ambrose Armbrister yesterday, pleaded guilty to posse
Call on the commissioner
Good morning Commissioner. First of all, my congratulations on your elevation. I predicted this on my radio talk show a few years ago when you were my special guest on MORE 94.9 FM. So said, so done. I have absolutely no doubt that you will live up to expectations and continue to serve the nation well.
Weeks of waiting for NIB cheques
PEOPLE queued on a long line outside the National Insurance Board yesterday as some complained about their unemployment cheque not being ready for collection. While some flocked to NIB for assistance due to the COVID-19 pandemic, others were waiting
Country will still accept repatriations
THE Bahamas has had no recent request from the United States to accept deportees amid the COVID-19 crisis, a Ministry of Foreign Affairs official said yesterday, adding this country would accept repatriated Bahamians under established protocols.Last
Sprinter Samson focusing on studies
With his collegiate track and field season abruptly ended during the indoor season because of the COVID-19 pandemic, sprinter Samson Colebrooke said he has focused his attention on his studies as he goes through his experience in West Lafayette, Indiana.
Bullseye: Darts lovers’ heaven
THE line-ups and fixtures have been confirmed for the first four nights of the PDC Home Tour ahead of today’s launch of the innovative new tournament.
Food security needs additional 'real steps'
The Bahamas Light Industries Development Council (BLIDC) says other “real steps that need to be taken” besides creating a Food Security Task Force to help spur local production. Karla Wells-Lisgaris, the Council’s vice-president, responding to the p
How to keep firms and workers viable
The largest, and most immediate, economic disrupter for The Bahamas and the world as a result of COVID-19 is the loss of employment for so many. Reports estimate that over 50 million jobs could be lost in the US alone. With 64 percent of Bahamian gr
Brokers report new issues with Customs' Click2Clear
Brokers yesterday said they have encountered more problems with Customs’ new electronic goods clearance system although the situation seemed to be improving. Lance Major, in-house customs broker for the d’Albenas Agency, told Tribune Business: “This
Virus 'hampers' oil explorer fund listing
A Bahamas-based oil explorer says the London listing - and trading - of shares in an investment fund it promoted to local investors has “been significantly hampered and thus delayed” by COVID-19.Bahamas Petroleum Company (BPC), which has already dela
