Govt rescues 'last hurrah' for hoteliers
Bahamian resorts yesterday said the government had preserved their “last hurrah” through its u-turn on requiring locals to present a negative COVID-19 PCR test to stay in them over the weekend. Clinton Davis, the Courtyard Marriott’s general manager
COVID limits GB water restoration to just 70%
The Grand Bahama Utility Company (GBUC) has blamed COVID-19 disruption for restricting post-Hurricane Dorian water service restoration to 70 percent of its customer base. The provider said disruptions to the supply chain, access to new equipment, ma
No car rental boost from jitney closure
Car rental companies yesterday said high unemployment and reduced incomes meant they had seen no increase in business as a result of the government’s COVID-19 public transport shutdown. Gary Cox, general manager of Destiny Motor Car and Rentals, tol
Bahamas First shareholders support board on resolutions
Bahamas First yesterday said shareholders had agreed to board of directors’ recommendations for all proposed resolutions during last week’s annual general meeting (AGM).Shareholders representing 32.2m shares, some 88 percent of those that have been i
Rebuilding workforce bonds amid COVID
With a large percentage of our workforce now occupying their home, managers and company leaders are challenged with finding ways to keep synergy and momentum. What some have worked on for years is now on the brink of collapse. Finding opportunities f
Merchants warned over price gouging
Price regulators yesterday renewed warnings to merchants not to exploit COVID-19 and potential Hurricane Isaias to gouge consumers or offload spoiled produce Danny Sumner, the Price Control Commission (PCC) chairman, told Tribune Business: “The Comm
Just 1,300 enrol for BPL late bill plan
Some 90 percent of Bahamas Power & Light (BPL) customers facing disconnection last night remained in danger of having their electricity cut-off as the utility seeks to recover a $46m debt.
'Show me the money' on digital permit plan
Bahamian professionals yesterday said “show me the money” after a Cabinet minister expressed hope that a fully integrated digital system for handling building permits will be in place by year-end. Architects and engineers responded alike after Desmo
Insurers see no major hurricane cover rise
The Bahamas Insurance Association (BIA) yesterday said there has been no “appreciable increase” in persons buying home insurance in the aftermath of Hurricane Dorian’s $3.4bn economic blow. Anton Sealey, the association’s chairman, told Tribune Busin
Fishermen fear 40% crawfish price slump
Crawfish fishermen may suffer at least a 40 percent year-over-year decline in prices for their catch compared to last season’s peak, it was revealed yesterday. Paul Mailis, director of the National Fisheries Association of The Bahamas, told Tribune
Bahamas First closes $4.28m premium 'gap'
Bahamas First’s top executive yesterday said the insurer has largely closed a $4.276m premium income “gap” that opened towards the 2020 first quarter end due to the COVID-19 lockdown. Patrick Ward, the property and casualty underwriter’s president a
Magistrate's Court targeting August 4 for full resumption
The Chief Justice yesterday said the Magistrate’s Courts will resume full operations, inclusive of filing claims, the issuance of summonses and the setting of new court dates, on August 4. Sir Brian Moree QC, pictured, told Tribune Business: “We have
Bahamas bids to secure $9m in UK exports trade
The government yesterday said it was aiming to secure almost $9m worth of annual Bahamian exports to the United Kingdom (UK) by ratifying a trade deal before year end. Cabinet ministers and trade officials met with representatives from the British H
Real estate president clarifies market's state
The Bahamas Real Estate Association (BREA) yesterday waded into the mixed assessments of the industry’s strength following its emergence from COVID-19 lockdown. The association moved to bring context and perspective as some brokers, agents and firms
Super Value chief: Do you know of closures?
Super Value’s president yesterday questioned whether consumers are aware that the government has mandated all food stores must close on Sunday and Monday to help counter COVID-19’s spread.“Does the public realise that we are closed on this upcoming S
