Central Bank: Residential and commercial construction activity remains ‘subdued’

Mortgage disbursements for new construction repairs drop further 13 percent NASSAU, BAHAMAS – Domestic private sector activity in the residential and commercial construction segments remains “subdued”, according to the Central Bank, with total mortgage disbursements for new construction and repairs dropping a further 13 per cent. In its Quarterly Economic Review for the second quarter […]

Rolle: Bahamas should seek guidance of disaster recovery experts

Former Cabinet minister says put “politics and egos aside” NASSAU, BAHAMS — The Bahamas should seek the guidance of disaster recovery experts in its post-Hurricane Dorian restoration efforts, according to a former Cabinet minister. Khaalis Rolle, the former investments minister under the Christie administration, now Sterling Global Financial’s senior executive vice-president for business development, said […]

Man killed on Bimini Ave.

Murder count reaches 75; 13 murders in 12 days NASSAU, BAHAMAS — A man was shot and killed yesterday while sitting in his car on Bimini Avenue off Market Street, police reported. Shortly before 11 p.m., a gunman walked up to the victim, who was sitting in his vehicle, and shot him before running away. […]

BTC restores Marsh Harbour site

60 percent of Marsh Harbour destroyed by Dorian NASSAU, BAHAMAS — Mobile services are now available at BTC’s Marsh Harbour Airport cellular tower the company has confirmed. According to company CEO, Garry Sinclair, “The Marsh Harbour Airport site was one of our priority areas for this week. Since Sunday we began testing and were able […]

BPSU calls salary advance announcement “blatant disrespect”

Union pres. says no prior consultation with the union NASSAU, BAHAMAS — Bahamas Public Services Union (BPSU) President Kimsley Ferguson has expressed dismay that the government decided to offer civil servants affected by Hurricane Dorian a two-month salary advance without prior consultation with the union. Speaking to Eyewitness News, Ferguson said, “We won’t be taken […]

BTC looking to more ‘tower sharing’ deals with Aliv

Company looking to restore GB service to “acceptable levels” within two weeks. NASSAU, BAHAMAS — Bahamas Telecommunications Company (BTC) Chief Executive Officer Garfield “Garry” Sinclair said the company will be focused on concluding more tower sharing arrangements with its mobile competitor Aliv in its post-Dorian restoration efforts. In an interview with Eyewitness News, Sinclair said, […]

Govt. extending VAT filing deadline

Dorian ravaged Abaco and GB, displacing thousands NASSAU, BAHAMAS — The government is extending the value added tax (VAT) filing deadline for those that are still reeling from the deadly impact of Hurricane Dorian. Department of Inland Revenue Acting Controller Gaynell Rolle said yesterday that she has been inundated with calls from concerned businessmen who […]