COVID’s lockdown drove 10% Nassau energy usage drop
New Providence’s energy demand decreased by just ten percent at the height of the first COVID-19 economic lockdown in April last year, an Inter-American Development Bank (IDB) report has revealed.
SHIPS AHOY: First cruise sailing out of Florida set to arrive on July 4
Nassau Cruise Port’s top executive yesterday said its “bread and butter” will return on July 4 when the cruise industry resumes calls on the Bahamian capital from its Florida hub.
‘Praying for magician, not Humpty Dumpty’ in budget
The government was yesterday urged not to increase the VAT rate as a cure for its fiscal ills in today’s budget, as the private sector revealed: “We’re praying for a magician, not Humpty Dumpty.”
Hubert Edwards: COVID response affects all our tomorrows
In the second of a three-part series, Hubert Edwards warns that today's Budget represents a pivotal moment for The Bahamas' development . . .
Signs point to drop off in COVID work
Sign manufacturers yesterday said they are moving away from COVID-19-related signage and getting back to normal business in a “major way”.
Cat Island firms slam short notice lockdown
Cat Island businesses yesterday slammed the 24-hour notice that the Prime Minister gave of the island’s two-week lockdown as “totally unacceptable” since persons had too little time to prepare.
Andros lockdown hits south as well
The South Andros Chamber of Commerce president yesterday said the area may just as well have been placed under COVID lockdown too because its residents are now unable to leave the island.
From ‘burners to earners’ as debt at 100% of GDP
The Bahamas must rapidly “convert tax burners to earners” following official confirmation that its direct national debt is now almost the same size as the economy, a governance reformer has warned.
Govt: We’ll do whatever needed to support NAD
The government has pledged to “take whatever action is necessary” to prevent Nassau Airport Development Company (NAD) defaulting on its $480m debt as it remains in breach of a key investor term.
Bahamas ‘value proposition’ threat from 15% US tax plan
A risk-management specialist is urging the government to state its position on the global minimum corporate tax rate drive in tomorrow’s budget given the threat to The Bahamas’ “value proposition”.
Union leader: Workers can’t afford tax rise
A trade union leader yesterday urged the government not to impose new and or increased taxes on Bahamian workers in the upcoming budget, arguing: “They cannot afford it.”
Airline: 100% of workers receive COVID vaccine
A Bahamian airline yesterday said 100 percent of its employees are now fully vaccinated against COVID-19 after staff received their second and final shots in the morning.
Steps towards a greener future
ActivTrades
STILL unknown to most, Carbon Allowances will soon start catching headlines, gaining importance as an increasing number of countries adopt zero net carbon targets, leaving polluting businesses’ under pressure to either drastically reduce emissions or offset them through such credits, in order to avoid heavy fines or outright closing-down by authorities.
Minister: Bahamas to lead Caribbean on decent work
A Cabinet minister says The Bahamas is “poised to be called a Caribbean leader” through the adoption of what he branded as its “second generation” Decent Work Country Programme (DWCP).
HUBERT EDWARDS: COVID response affects all our tomorrows
With the government’s 2021-2022 budget due to be unveiled tomorrow, Hubert Edwards in the first of a three-part series examines how the pandemic brought us to this point.
