Pintard refutes claims of no fisheries action
The minister for agriculture and marine resources calls a Spanish Wells fisherman’s complaints about lack of consultation with the industry “patently untrue”.
GB in approval for 70% water potability
The Grand Bahama Utility Company (GBUC) has received regulatory approval that deems 70 percent of the island’s water is safe to drink, making due on its $5m investment.
Cooper: Deficit amount dated, show us current state
The opposition’s shadow minister for finance says that the deficit is nearly 350 percent than presented in the ministry of finance’s latest fiscal snapshot for the fourth quarter of fiscal year 2019/2010.
ActivTrades: The end of the road for the dollar?
The economic and political concept of monetary hegemony was coined by the economist Michael Hudson in 1972, when he published Super Imperialism.
Debit transactions in 42 percent decline
The Central Bank reports that the value of debit card transactions fell by 23 percent and overall debit transactions declined by 42 percent.
Brice: 2020 'can't be a wash'
Manager at Mario’s Bowling and Family Entertainment Centre is not calling the remainder of 2020 a “wash” as they hope to reopen before the end of the year.
Young professional appointed Family Office CEO
A local investment management and real estate development firm appoints a new chief executive officer.
National debt reaches $8.24bn
The Ministry of Finance has revealed that the national debt has ballooned to $8.24bn for the fiscal year 2019/2020 in its fourth quarter fiscal snapshot. This places government debt at 68.4 percent of GDP, up from $7.527bn in fiscal year 2018/2019.
Fiscal deficit soars 259%
The government’s deficit widened by 259 percent from last year’s $788m, the Ministry of Finance has revealed.
Jitney’s to resume today following protest
A public transportation stakeholder is excited to be “back in swing” as jitneys will be allowed to operate with limited capacity today after the second COVID-19 related shutdown in six months.
Hayward family vow commitment
The family of the late Sir Jack Hayward insist a new legal fight over fees owed to them from their father’s estate will not impact their commitment to the Grand Bahama Port Authority.
Potter’s cay vendors in lackluster return
Two thirds of the Potter’s Cay vendors are not coming back to work today, citing serious financial challenges.
$30m spent on Dorian clean-up
Despite the challenges on Dorian stricken Abaco and Grand Bahama, more than $30m has been spent on clean up says the Disaster Reconstruction Authority (DRA) managing director.
BPL told to get it together
A Chamber director has called on Bahamas Power & Light to “get it together” over power outages after the latest blackout affecting the eastern part of New Providence.
Bills rack up but gyms stay closed
One gym owner has racked up expenses totalling $50,000 that are due in September as he laments his sector not being allowed to reopen on August 31.
