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Davis pledges to attack cost of living targeting price fixing and electricity rates

PRIME Minister Philip “Brave” Davis pledged to attack the cost of living in his second term with competition legislation targeting price-fixing and a plan to standardise electricity rates across The Bahamas, saying households are struggling to afford groceries and keep their lights on.

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Sweltering heat pushing visitors out Straw Market

BAY Street straw market vendors are complaining that the summer heat is driving tourists away before they can make purchases amid the continued wait for a long-promised air conditioning and cooling system.

Investors to get chance to own ‘up to quarter’ of Bank of The Bahamas

THE Prime Minister yesterday pledged to give institutional and retail investors the opportunity to own “up to a quarter” of BISX-listed Bank of The Bahamas although he gave few details on how this will be achieved.

Carnival unlocks 700k extra Carnival unlocks 700k extra GB arrivals in berth doubling

CARNIVAL yesterday said it has unlocked 700,000 extra annual cruise passenger arrivals to Grand Bahama through completion of the pier expansion project at its $600m Celebration Key destination.

Don’t let FDI ‘duplicate’ what Bahamians offer

A tour operator yesterday called on the Government to safeguard Bahamian-owned attractions from growing competition as multi-million dollar foreign direct investment (FDI) projects transform Grand Bahama’s tourism economy.

Minister and Opposition leader dispute GB jobs

A Cabinet minister’s assertion that Grand Bahama businesses are struggling to find workers to fill available jobs sparked a sharp exchange with the Opposition’s leaderin Parliament yesterday.

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‘Front runner’: Financiers ‘most bullish’ on Bahamas

THE Bahamas’ status as a “front runner” for tourism investment has been reaffirmed with non-bank financiers identifying this nation as the Caribbean destination they are “most bullish” on when it comes to funding resort and other related projects.

Merchant ‘eats’ fuel cost hikes amid back to school concern

A Bahamian home improvements retailer says it has largely “eaten” increased freight and transport costs sparked by higher fuel prices amid warnings elsewhere that parents should brace for higher expenses during this year’s Back to School shopping season.

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Marina chief: Bahamas ‘too greedy’ on boating

THE Association of Bahamas Marinas (ABM) president says business for many Nassau-based and other members ahead of the peak US independence holiday on July 4 is “50 percent of what it was”, and asserted: “We did this to ourselves.

Bahamas ‘cannot totally remove’ EIA transparency

THE Bahamas “cannot completely remove” transparency and public consultation from the Environmental Impact Assessment (EIA) approval process, advocates are warning, while conceding that the present ‘Town Hall’ format may not be the best.

Inflation hits over two-year high in March

THE Bahamas’ annual inflation rate saw its highest increase in more than two years in March 2026 to demonstrate the near-constant cost of living and pricing pressures facing Bahamian families.

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Jet ski operators suffer drop following US alert

A Bahamian jet ski operator says business has already declined following the US Embassy's warning to American visitors to avoid the industry even as the Trump administration’s ambassador voiced optimism that closer co-operation can restore confidence in the sector.

Four garbage collectors see contracts suspended

THE Government has suspended four garbage collection contracts after operators failed to meet the required service standards, with a Cabinet minister signalling a tougher enforcement approach aimed at improving reliability and protecting public health.

Authority targeting five park improvements every quarter

THE Bahamas Public Parks and Public Beaches Authority is aiming to improve five parks every three months starting this September while also seeking to modernise its operations with electronic permits and digital payments by early 2027.

Parks and Beaches audit released ‘in due course’

THE Bahamas Public Parks and Beaches Authority has completed a financial audit that will be published “in due course”, its executive chairman has pledged, as it seeks to boost public confidence through greater transparency following mutiple budget overruns.