Archive | August, 2016

The Bahamas to participate in 2020 Dubai Expo

The Bahamas will be one of 180 countries to participate in the first ever 2020 Dubai Expo to be held in Dubai, United Arab Emirates(UAE) October 2020 – 10th, April 202. The Ministry of Foreign affairs announced yesterday that it has made the decision to participate and establish a national committee for the upcoming Dubai […]

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GB Price Control Inspection

Members of the Price Control Commission visited eight stores in Grand Bahama on Tuesday, August 23 and Wednesday, August 24, and discovered six of them were in breach of selling Breadbasket Items over the maximum selling price.   Commission Chairman, E.J. Bowe, noted that the stores were in Freeport, Lucaya and Eight Mile Rock and […]

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PM Defends Baha Mar Deal

Prime Minister Perry Christie is defending his administration’s decision to ensure that court documents relating to the Baha Mar deal remain sealed. He said despite the criticisms, Mr. Christie said he worked hard on the deal. “I spent a year of my life leaving my office 1:00 a.m. keeping staff in the office engaging and […]

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Minnis Likens PLP To Dictatorial Regime

Never one to mince words when it comes to the performance of the current administration is FNM Leader Dr. Hubert Minnis said the Christie administration’s move to seal Baha Mar’s deal from the public is the tactic to that of an authoritarian or dictatorship style regime. “The Free National Movement condemns in the strongest possible […]

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Man Stabbed To Death By Girlfriend

Authorities in the capital have a woman in custody following the stabbing death of her boyfriend. Police are investigating the circumstances surrounding the incident, reports are that shortly after 12:30am, and a woman reported to police that she had just stabbed her boyfriend during an argument. Police then went to a home located at Ida […]

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Halkitis: “Our Dollar Will Not be Devalued”

In the face of credit downgrades and recent massive job losses, it led many to speculate whether the Bahamian dollar will be devalued; and State Minister of Finance yesterday assured that this is certainly not the case. Despite the Bahamas’ recent credit downgrade by international investment company Moody’s, the minister reiterated that “there is a […]

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Halkitis: Gov’t Should Push More Bahamian investment

Foreign Direct Investment (FDI) for decades has played a major role in the success of the Bahamian economy, but to encourage more Bahamian ownership State Minister for Finance Michael Halkitis says the onus would be placed on the government to make it probable. Mr. Halkitis responded to why FDI remains so prevalent in the country […]

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Gatekeepers Plan To Take Parliament

Political upstarts the Gatekeepers have branded themselves as a party of the people and are a group that is solely for the people. One of its founders Public Service Union President John Pinder spoke with our news team and said the group plans to take over parliament and give the country back to the people […]

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Why Would Bacon Refuse Nygard’s Offer Of A Truce?

By P.J. Malone You may remember that back in November of 2015, fashion mogul Peter Nygard extended an olive branch to hedge-fund billionaire Louis Bacon—the two have had an ongoing dispute that has escalated to very treacherous levels. To date, the money spent on this battle has probably run into the tens of millions of […]

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Unions Warn PM–Threaten to shut down country

In the wake of over 600 persons being left jobless as a result of Sandals Royal Bahamian Resort’s temporarily closure, members of both the Commonwealth of The Bahamas Trade Union Congress (CBTUC) and National Congress of The Trade Unions Bahamas (NCTUB) stood in solidarity threatening to have a nationwide shut-down if their resolutions have not […]

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