Road carnage: 40% of Nassau hit by accidents
Some 40 percent of New Providence residents have revealed they or a close family member have been involved in a traffic accident within the past five years, leading an Inter-American Development Bank (IDB) report to brand Bahamian road safety as “a significant public policy issue”.
Print shop owner loses$266k insurance battle
A print shop owner’s bid to obtain $266,000 in damages against a Bahamian insurer for failing to pay-out and cover losses associated with Hurricane Irma’s passage in September 2017 has been dismissed by the Supreme Court.
‘Meaningful reductions’ in property coverage unlikely
Insurers are warning Bahamian businesses and homeowners that there are unlikely “to be meaningful reductions” in property coverage costs in 2026 after the multi-billion dollar damages inflicted on Jamaica by Hurricane Melissa gave their key partners pause for though.
‘Nominal’ 50 cent sugary drinks tax can raise millions
Imposing just a “nominal” 50 cent tax on sugary drinks would raise “millions” towards closing The Bahamas’ public healthcare financing shortfall, a Cabinet minister disclosed yesterday, while asserting of the new National Health Strategy: “It’s not a pie in the sky wish list.”
Freeport lacking scale to ‘efficiently support’ Shipyard’s expansion
Freeport lacks the size and critical mass to “efficiently support” developments such as the $600m Grand Bahama Shipyard dry dock replacement, a prominent hotelier asserted yesterday, as he urged: “We need stopover tourists back.”
Healthcare on ‘unsustainable track’ with $24m deficit forecast by 2026
Financing for Bahamian public healthcare is “on an unsustainable track” with a $24m annual deficit predicted by the upcoming 2026-2027 fiscal year, it has been revealed, with this shortfall set to worsen due to an increasingly elderly population.
Officers help family who lost home days before Christmas
POLICE officers on Eleuthera stepped in with food and support this week, donating groceries to a family left homeless by a fire just days before Christmas.
Fish fry vendors warned of noise from $179m LNG plant
Arawak Cay ‘Fish Fry’ vendors, and other Nassau harbour tourism and maritime operators, have been warned they may be negatively impacted by both the construction and operation of the $179m power plant that will supply electricity to cruise ships docked nearby.
‘Absolutely strangled’: Marinas happy if business off only 50%
Bimini and Abaco marinas are warning that new and increased boating fees and regulations “are absolutely strangling” winter season business, with one operator revealing they will be satisfied “if we could settle in at 50 percent of what we did last year”.
‘Take GB out of dark’ over unpaid Lucayan workers
The Opposition is demanding the Government “take Grand Bahama out of the dark” after it emerged that Grand Lucayan staff have not received their due pay for the second successive week amid assertions the resort’s water supply has also been cut-off over unpaid bills.
Royal Caribbean PI ‘benchmark’ employing over 500 Bahamians
Royal Caribbean’s long-awaited Paradise Island beach break destination has opened employing more than 500 Bahamians in management, hospitality, entertainment and food and beverage operations.
Pintard hails IMF ‘stronger governance’ for PPPs call
The Opposition’s leader yesterday renewed assertions that the Government is “hiding” several hundred million dollars in liabilities that will burden “future generations of Bahamians” after the International Monetary Fund (IMF) called for “stronger governance” of public-private partnerships (PPPs).
IMF raises Bahamas’ growth, calls for income tax, 15% VAT
The International Monetary Fund (IMF) has further boosted The Bahamas’ 2025 economic growth prospects to just shy of 3 percent while “regurgitating” its now-annual call for the country to introduce a “personal income tax” and 15 percent VAT rate.
Trade deficit near $1.2bn as exports decline by 19%
The Bahamas’ trade deficit came close to hitting the $1.2bn mark for the 2025 third quarter after this nation’s goods exports declined by 19 percent year-over-year to hit $128m.
Royal Caribbean targets IPO for PI in early 2026
A senior Royal Caribbean executive says Bahamian investors will gain the opportunity to invest in its $200m Paradise Island destination during the 2026 first quarter.
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