‘Ahead of ourselves’ by up to 10% if Q4 repeat
Bahamian auto dealers are optimistic new vehicle sales can beat 2024’s banner total by 5-10 percent if they enjoy a repeat of last year’s fourth quarter, asserting: “Then we’ll really be ahead of ourselves.”
Blake Road storage reclaimed over $1.166m unpaid tax fears
A 765-unit Blake Road storage facility has been reclaimed by its owner over fears it was about to be seized and auctioned-off to recover $1.165m in unpaid real property taxes.
Switcha chief ‘100%’ confident on voluntary liquidation escape
The entrepreneur behind the popular Bahamian-made drink, Switcha, yesterday asserted he is “100 percent” confident the brand will escape voluntary liquidation and emerge even stronger.
GB Power ‘confident it can hold fort’ on further outages
Grand Bahama Power Company “seems pretty confident they are going to be able to hold the fort” with no further major outages for summer 2025, private sector representatives have disclosed.
Realtor renews plea for tax consistency
A Bahamian realtor has renewed plea for tax consistency and continuity in the sector amid concerns that constantly changing rates represent an increased investment risk for overseas buyers.
Gov’t demolishes 13th property in downtown
The Davis administration was yesterday said to have completed its 13th downtown Nassau property demolition in two years by levelling the Levy building in its drive to revive the city as a commercial hub.
Roker: Feed Ya Self to be every Saturday event
Roker’s Gas Station is partnering with Nu Gaia Farms through its Feed Ya Self initiative in a bid to highlight what is produced by Bahamian farmers and other small businesses.
‘Most’ freed after Norman’s Cay Immigration operation
Multiple government agencies raided Norman’s Cay yesterday following allegations of Immigration law violations but “most” foreign workers were subsequently released as their papers were in order.
Up to 50% of high-end homes listed ‘off-market’
Up to 50 percent of high-end, multi-million dollar Bahamian residential properties seeking buyers are being promoted “off-market” rather than publicly via the Multiple Listing System (MLS).
Thirty workers fired at Norman’s Cay project
Around 30 employees were terminated by the Norman’s Cay resort development on Friday, senior labour officials confirmed yesterday, due in part to the closure of a well-known restaurant.
University ordered to pay ex-finance chief $158,000
The University of The Bahamas (UoB) has been ordered to pay its former finance chief almost $158,000 after the Industrial Tribunal determined there were “glaring discrepancies” in its evidence.
AML Foods sees $23m Old Trail blaze payout
AML Foods has received a more than $23m payout from its insurers to cover the damage and loss caused by the mid-April blaze that destroyed its Solomon’s Old Trail and Cost Right stores.
‘Seize the opportunity’ outside $600m project
The Grand Bahama Chamber of Commerce’s president is hoping entrepreneurs outside Celebration Key “seize the opportunity” to attract a share of the increased spending brought by Carnival’s guests.
Tour operator hopeful $600m project alters ‘slow’ bookings
A Grand Bahama eco-tourism operator is optimistic a partnership with Carnival’s Celebration Key will change the “slow” bookings pace.
Gov’t targeting further Family Island airport improvements
The Government will this week sign contracts for the redevelopment of Black Point airport in the Exuma cays, its aviation chief revealed, with Georgetown’s airport set to receive a new air traffic control tower.
