Central Eleuthera faces new water cut-off threat
Central Eleuthera residents face having their water supply cut-off at 2.30pm this afternoon with the provider blaming the situation on inaction by the Water & Sewerage Corporation.
‘We don’t want Disney out; we want a better agreement’
Opponents of Disney Cruise Line’s Lighthouse Point project yesterday pleaded with the next administration to reassess the development, saying: “We don’t want Disney out; we just want a better deal.”
Political parties falling short on environment
An activist yesterday accused the major political parties of “failing to recognise that the environment is our main product” in their general election manifestos.
‘Agreements finalised’ on heritage sites deal
The Bahamian investor group aiming to transform Nassau’s key historic sites was yesterday said by senior officials to have “finalised all agreements” and is now moving to take over their management.
Minister says Freeport investors ‘not deterred’
A Cabinet minister last night asserted that the Doctors Hospital and Grand Bahama Shipyard projects proved investors have not been deterred by any uncertainty over Freeport’s investment regime.
Marinas awaiting ‘sold out’ Xmas
Bahamian marinas are eyeing “solid bookings” from this Christmas to May 2022, Tribune Business was told yesterday, with many already “sold out” for the year-end holiday season.
Entrepreneur, Royal Caribbean continue PI crown land battle
A Bahamian entrepreneur and Royal Caribbean last night continued their clash over disputed Paradise Island-based crown land that their separate projects are both competing for.
PM promises Dorian tax breaks extension
The Prime Minister last night promised Abaco that he will extend Dorian-related tax breaks beyond their 2021 year-end expiration as part of efforts to “accelerate” the island’s rebuilding.
Sustainability initiative to boost Bahamian tourism
The Bahamas’ tourism product will be strengthened through an Inter-American Development Bank (IDB) tie-up with European and regional experts to develop certification systems that bolster sustainable practices.
DANIEL FERGUSON: Gov’t cultural change need on procurement
I realise that during this election season in The Bahamas there will be a lot of political rhetoric spoken while the various parties are on the campaign trail, and much of it is not worth responding to or commenting on. I must say, though, how disappointed I am that the Prime Minister dismissed as mere “foolishness” the allegations made against both Desmond Bannister and Adrian Gibson in relation to contracts awarded in their respective areas of responsibility. This is particularly because these claims, though denied, have not been fully addressed by the duo with the Public Procurement Act 2021 now into its second week of existence.
Taxis suffer 80% business fall-off
Taxi drivers have seen an 80 percent fall in business as they enter the traditionally slow September period, their union head said yesterday, adding that COVID testing and changed protocols are also to blame.
Medical marijuana law eyed within four months of election
A medical marijuama advocate is predicting that the next government will legalise this sector within four months of next week’s general election by passing the necessary legislation.
Bahamas should ‘cut rates’ if US increases
A well-known Bahamian economic commentator yesterday argued that the Central Bank should lower its Prime rate whenever the Federal Reserve raises US interest rates.
Freeport ‘tax grab’ fear on exposed incentives
An ex-Grand Bahama Chamber of Commerce president yesterday said it was “striking” that the major political parties have seemingly ignored a problem deterring “sensible investors” from Freeport.
Overseas investment COVID bar removed
The Central Bank yesterday confirmed that Bahamians will be able to resume purchasing overseas securities and real estate from October 1 after seeing a sufficient uptick in tourism-related foreign currency inflows.
