NASSAU, BAHAMAS — A local bottled water manufacturer said yesterday it was doing the best it could to keep up with consumer demand, as the mandatory daily curfew had effectively cut its operation time by 25 percent. During a national address at the National Emergency Management Agency’s (NEMA) headquarters, Minnis announced the extension of the […]

NASSAU, BAHAMAS — The country cannot sustain repeated lockdowns, a local economist and University of The Bahamas lecturer has warned, telling Eyewitness News that such action is inhibiting any chance at ‘meaningful economic recovery’. Rupert Pinder called into question the overall strategy for handling the pandemic from not just a health but also an economic […]

NASSAU, BAHAMAS — The Water & Sewerage Corporation, through a performance-based contract (PBC), has seen a reduction in non-revenue water (NRW) from 54 percent to 23 percent over a seven year period, the Inter-American Development Bank has noted. Non-revenue water represents water that is produced but lost due to physical losses from leaking and  broken […]

NASSAU, BAHAMAS — The government’s decision to allow visitors to quarantine at hotels was intended to “give some life” to the tourism industry, according to Tourism Minister Dionisio D’Aguilar. D’Aguilar acknowledged confusion over the government’s decision to reverse its policy on commercial flights from the United States last week, opting instead to impose a 14 […]

NASSAU, BAHAMAS — While the 2020/2021 crawfish season is ‘a go’, Bahamian fishers are concerned that the COVID-19  pandemic may adversely impact the price on the market. Adrian LaRoda, Bahamas Commercial Fishers Alliance (BCFA) president told Eyewitness News exports were low, and noted demand for the luxury food item was likely to drop as people tighten […]

NASSAU, BAHAMAS — The development of the University of The Bahamas’ (UB) Northern campus with a focus on STEM could become an ‘anchor’ for the city of Freeport, according to a top university official. Dr Ian Strachan, VP of the University of The Bahama- North, noted that UB North needs a new campus, one which […]

Int’l interest in searches at all-time high, local transactions lower due to COVID closure and lockdown NASSAU, BAHAMAS — The Bahamas Real Estate Association yesterday moved to clarify what appeared to be conflicting comments from various brokers, agents and firms in recent days over the state of the real estate market. The association noted some […]

NASSAU, BAHAMAS — The government met with the British High Commission in Nassau this week to discuss increasing trade between the UK and The Bahamas, primarily through the domestic ratification of the CARIFORUM-UK Economic Partnership Agreement (EPA) signed in London last year. The meeting was hosted by Minister of Financial Services, Trade & Industry and […]

NASSAU, BAHAMAS — Tourism dependent Caribbean countries like The Bahamas could see anywhere from 12 percent to as much as 20 percent of its tourism-related labour force ‘adversely affected’ by the COVID-19 pandemic, according to the Inter-American Development Bank (IDB). In its recently released Caribbean Quarterly Bulletin, the bank noted that The Bahamas is among […]

NASSAU, BAHAMAS — Deputy Prime Minister and Minister of Finance K Peter Turnquest yesterday said the government may be forced to make some ‘reassessments’ in the Fall if the country continues along the current path. However, Turnquest underscored the government is still on target with its projections. He said that bridge loan financing in the […]

NASSAU, BAHAMAS — The Nassau Airport Development (NAD) company has recorded approximately 8,000 U.S. passenger arrivals in the first three weeks since the borders were reopened. NAD’s Vice President of Marketing and Communications Jan Knowles told Eyewitness News the figure reflects the period between July 1 and July 22. She noted domestic activity has been “particularly robust” […]

NASSAU, BAHAMAS — Bahamasair’s chairman said yesterday that there have been no formal discussions around salary deferrals for the airline’s employees as the national flag carrier faces substantial losses brought on by the COVID-19 pandemic. Last week, Prime Minister Dr Hubert Minnis suggested that Bahamasair may have to defer salary payments to some or all […]

NASSAU, BAHAMAS — Bahamas First saw a 43.5 percent increase in net claims in 2019 largely attributable to Hurricane Dorian, the insurer has reported. Patrick Ward, president and chief executive officer of Bahamas First Holdings Ltd noted in the company’s 2019 annual report that the net claims for the group “increased dramatically” to $39.9 million […]

NASSAU, BAHAMAS — Resorts World Bimini said that it has made the ‘difficult decision’ to temporarily suspend its operations effective July 25. The resort announced the closure in a notice on its website. “As you are aware we are in unsettling times due to COVID-19,” it read. “Therefore, out of respect for the concerns of […]