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Insurers 'sorry' for 15% hike . . . but it's worth it

Major Bahamian insurers yesterday warned property owners they face “a minimum” 15 percent premium rate rise in 2020 with Dorian-related claims set to hit peak estimates of $2bn. Patrick Ward, Bahamas First’s president and chief executive, told Tribu

A season to rebuild

My Brothers and Sisters, We are numbered among the blessed to be able to experience another Christmas season, as we celebrate the birth of our Lord and Savior, Jesus Christ.

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‘Exclude Abaco shanty towns from injunction’

THE government is seeking to have Abaco’s five shanty towns removed as beneficiaries of a standing injunction prohibiting it from eradicating unregulated communities throughout The Bahamas.

Eleuthera poised for winter records

A Bahamian real estate firm believes mainland Eleuthera is poised to set new visitor and second homebuyer records this winter season based on initial numbers.“There hasn’t been a lull yet,” said Angelika Bacchus, an Eleuthera-based estate agent with

Mortgage Corp receives $27m in Dorian payouts

The Bahamas Mortgage Corporation (BMC) yesterday said it has received $27m in Hurricane Dorian-related insurance payouts on behalf of its borrower clients, and expects this number to rise. Philip Haven, its managing director, said the taxpayer-owned

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Lloyd: It may cost $25m to rebuild schools

EDUCATION Minister Jeff Lloyd estimated it will cost $20m to $25m to repair the schools in Abaco and Grand Bahama that were destroyed by Hurricane Dorian. Mr Lloyd said all the schools in the affected areas were reopened but noted there were outstan

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‘Put up or shut up’ on corruption claim

PRIME Minister Dr Hubert Minnis wants the representative of a non-profit organisation in Abaco to meet police and divulge details about a corruption allegation he made or apologise for the statement.

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Another $300,000 for Dorian relief

THE Moore Bahamas Foundation announced $300,000 in new grants for Hurricane Dorian relief and recovery, part of $1m in support pledged by conservation philanthropist Louis Bacon. The new grants follow Moore Bahamas’ funding for emergency aid in the i

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Sands addresses medical school on challenges of healthcare

HEALTH Minister Dr Duane Sands was recently invited to the Morehouse School of Medicine to deliver a speech on the successes and challenges in the Bahamian healthcare system before and after Hurricane Dorian.The minister was personally invited to pre

Royal Caribbean aims to recruit more Bahamians

Royal Caribbean International yesterday said it has more job fairs planned for 2020 in a bid to increase its Bahamian workforce beyond the more than 300 currently employed. These Bahamians are either working on the cruise line’s ships or at its land

Small Business Centre gives $3.5m in first year

The deputy prime minister has hailed the Small Business Development Centre (SBDC) for approving $3.5m in financing for small businesses and start-up entrepreneurs during its first year. Speaking at the Centre’s year-end Christmas Client Showcase, K

Abaco non-profit injects $1m into Dorian rebuild

A North-Abaco non-profit organisation has spent about $1m on rebuilding Bahamian homes on Treasure Cay in the aftermath of Hurricane Dorian. Tom Wheeler, member of the Treasure Cay Property Owners’ Association (TCPOA), and major donor to the North A

Survivors struggling to find the Christmas spirit

WITH one week left to Christmas, many Dorian survivors are finding it difficult to get into the festive spirit as uncertainty still threatens their future. Inez Maynard, of Spring City, Abaco, said she does not plan to celebrate the holiday this yea

Abaco resort to host Christmas party

AN Abaco resort is hosting a Christmas party for the island’s residents today, to bring much needed cheer to the storm-torn community. Treasure Sands’ “Treasured Christmas” event is expected to host more than 300 Abaco children, who will receive fre

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‘Unregulated construction’ alarm on Dorian revival

Abaco’s Chamber of Commerce president is sounding the alarm over “all this unregulated construction going on” as the Hurricane Dorian rebuilding effort starts to ramp up on the island.

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Solomon's return awaiting Lucayan, airport resolution

AML Foods yesterday pledged to re-open its still-closed Solomon’s Freeport store once the fate of the Grand Lucayan and the island’s international airport are positively resolved.Gavin Watchorn, the BISX-listed food retail group’s chief executive, to

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Debris removal in Abaco shanty town communities almost complete

THREE months after Hurricane Dorian struck the northwestern Bahamas, debris removal in the shanty town communities in Abaco are almost complete.However, operations are still underway to clean up the residential communities on the island, according to

Unemployment in Grand Bahama is not 50%, says govt

THE government yesterday denied a recent international report that claimed unemployment in Grand Bahama stood at a staggering rate of nearly 50 percent following Hurricane Dorian, insisting the data came from no state agency or entity. According to

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VAT services relief 'vital' to Dorian revival speed

Abaco’s Chamber of Commerce president yesterday renewed his plea for the government to eliminate VAT on services in the Dorian-hit islands amid fears the tax will “just delay the rebuilding process”.Ken Hutton told Tribune Business that including ser

US environmental firm's Customs clash 'resolved'

A US-based environmental firm is “still working” on post-Dorian clean-up in Abaco after achieving “resolution” to its previous dispute with Customs, it was confirmed yesterday. Ken Hutton, Abaco’s Chamber president, said the clash that forced Ceres