Op-Ed: PLP failure at BPL hurting Bahamians

Today, Bahamians are suffering with astronomical Bahamas Power and Light (BPL) electricity bills during what is one of the most intense heat waves in recent times. In traditional media and on social media we see complaints by people whose light bills doubled this summer. In addition to dealing with the effects of global inflation, Bahamians […]

PLAYING IT SAFE: Food store chain urges staff to wear face masks over COVID-19 uptick concerns

NASSAU, BAHAMAS — Super Value’s president, Rupert Roberts said yesterday that concerns over a rise in COVID-19 cases have prompted him to urge the supermarket chain’s staff to wear facemasks. In an interview with Eyewitness News, he expressed his concern about the need to take extra precautions due to fears of a new outbreaks of […]

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Transportation experience committee talks industry improvements with govt officials

NASSAU, BAHAMAS — The Bahamas Hotel and Tourism Association (BHTA), key private sector tourism stakeholders and representatives from ports of entry met with Minister of Transport and Housing JoBeth Coleby-Davis and other public sector partners to discuss potential collaborative opportunities to enhance the transportation experience within The Bahamas. This initial meeting sought to set the […]

External reserves decline to just under $1 billion in November

NASSAU, BAHAMAS — The country’s external reserves declined in November to just under $3 billion, according to the Central Bank, which has also revealed that foreign currency outflows declined by nearly $60 million. The regulator in its Monthly Economic and Financial Developments Report for November noted that external reserves declined by $116.2 million to $2.9 […]

NEW REPORT: Credit card spending up nearly 60 percent, digital currencies threefold during pandemic

NASSAU, BAHAMAS — Credit card spending in The Bahamas increased nearly 60 percent during the height of the COVID-19 pandemic, while the use of digital currencies increased threefold during the same period. The findings were reported in a new growth and recovery report produced by the Oxford Business Group with RBC Royal Bank Bahamas, which explores […]

WORKFORCE READY: Labour director reveals plans to target senior high schoolers

NASSAU, BAHAMAS — Labour Director Robert Farquharson said yesterday that the department will soon direct its Labour on the Blocks initiative towards high school leavers. Farquharson told Eyewitness News that one of the biggest complaints from employers is that too many of them are not prepared to enter the workforce. He underscored the Labour on […]

Bahamian software development company builds custom payroll system for CBS Bahamas

NASSAU, BAHAMAS — CBS Bahamas has become the most recent enterprise to onboard its human resources and payroll processes to TriblockHR, a customizable platform designed by Bahamian software development firm Plato Alpha. TriblockHR, launched in 2021, uniquely meets the needs of organizations operating in The Bahamas by streamlining payroll, performance, and time management systems. “As […]

BRACE YOURSELVES: Economist warns over IMF’s “gloomy” projections on inflation

NASSAU, BAHAMAS — With the International Monetary Fund (IMF) now predicting that inflation this year will hit 9.5 percent in emerging markets and developing economies like The Bahamas, consumers should be concerned over “skyrocketing” food and gas prices and seeing their purchasing power diminish even further, a governance reformer has warned. The IMF’s projections in […]