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'Not grim' despite $1.3bn debt surge
The deputy prime minister yesterday disagreed that The Bahamas faces a "grim" economic and fiscal outlook even though government debt is forecast to increase by $1.3bn over the next five years.
Two bodies found as official toll reaches 69
POLICE in Abaco have recovered two bodies in the Mudd, bringing the official death toll from Hurricane Dorian to 69. In a statement, the National Emergency Management Agency (NEMA) said one body was found on November 8 and the other on November 14.
'We could sign tomorrow' with $100m airport offers
A senior official yesterday said the government “could sign tomorrow” with multiple offers as it seeks to raise $100m for the overhaul of four prominent Family Island airports.Algernon Cargill, director of aviation, told Tribune Business that financi
Tourism to 'close gap' over 11% booking fall
The Bahamas is “focused on closing the gap” created by a ten to 11 percent fall-off in the forward visitor bookings pace for the key 2019-2020 winter season, a Cabinet minister revealed yesterday.Dionisio D’Aguilar, pictured, minister of tourism and
First Masquerade Race Weekend to show support for Dorian victims
IN an effort to assist themselves and show some support for the victims of Hurricane Dorian, the Bahamas Association of Athletic Associations will hold its first Masquerade Race Weekend.It’s scheduled for Saturday and Sunday, December 7-8, and will inc
NPBA: Shockers hold off Abaco, Pirates top Eagles Nest
IN a high scoring game on Monday night at the AF Adderley Gymnasium, the JD’s Seafood Shockers held off the Abaco Strong 103-99 in the NPBA men’s division one feature contest. The division II opener saw the Asphalt Maintenance Pirates secure an 89-8
Brewery shrugs off Dorian devastation
Commonwealth Brewery is “cautiously optimistic” on the economy’s short-term prospects after it rebounded quickly from Dorian’s destruction of five retail outlets and a distribution centre.The BISX-listed Kalik manufacturer, unveiling its results for
Tourism: Dorian loss is 'unprecedented'
The Bahamas Hotel and Tourism Association (BHTA) yesterday said Hurricane Dorian had inflicted an “unprecedented economic loss” on Abaco, and the island will take time to recover.The Association, in a brief statement to Tribune Business on behalf of
Feeding 5,000 families
IN an effort to fight hunger in the country, AML Foods Limited has launched its fourth annual “Feed 5,000 Families” give back initiative, which will help provide meals to families in need during the holidays.During a press conference held at Solomon’
'No business as usual' with Dorian rebuild
A leading engineer yesterday warned it cannot be “business as usual” with post-Dorian recovery because the damage to The Bahamas’ housing stock is “staggering and overwhelming”. Quentin Knowles, the Bahamas Society of Engineers (BSE) president, told
Family Island visitor interest 'skyrockets'
Visitor interest in Family Island vacations has “skyrocketed” since mid-October, it was revealed yesterday, with hotel room nights sold forecast to beat prior year in nearly every month through April 2020.Kerry Fountain, the Bahamas Out Island Promot
Abuse claims ‘will be examined’
IMMIGRATION Minister Elsworth Johnson said officials will investigate any documented allegations of abuse towards Haitian migrants.
Biting the hand that feeds
Franklin Graham is the son of the legendary Billy Graham -- a man who has preached the gospel to more people in person than anyone in church history. He is also the president and CEO of the humanitarian organisation, Samaritan’s Purse, which was founded in 1970 by the late Bob Pierce.
Godfrey Rolle helps the Bearcats win home opener
GODFREY Rolle got the first start of his senior season with the Southwest Baptist University Bearcats and helped the team to win its home opener. Rolle finished with 15 points, shot 6-9 from the field, including 3-4 from three-point range of a 95-70
Poultry producer: Give us land to fund Dorian rebuild
A major Abaco poultry producer yesterday urged the government to grant it ownership of its property so that this can be used as security to obtain Dorian reconstruction financing. Lance Pinder, Abaco Big Bird Poultry’s chief executive, told Tribune
Abaco Chamber chief fears NGO departures
Abaco’s Chamber of Commerce president yesterday voiced fears that the imminent departure of non-governmental organisations (NGO) will leave a vacuum in post-Hurricane Dorian relief efforts. Ken Hutton told Tribune Business “the biggest concern” for
INSIGHT: Rebuilding homes is easy, putting lives back together is the biggest challenge
Hurricane Dorian has been nothing short of apocalyptic for many survivors who escaped the Category 5 hurricane’s fury over Abaco and Grand Bahama. While it is possible rebuilding the infrastructure of these islands could run into the billions, a greater cost is the rebuilding the lives of the survivors.
Dorian leaves 3,000 homes ‘uninhabitable’
Hurricane Dorian left almost 3,000 homes “uninhabitable”, a newly-released report has revealed, as it inflicted $1.487bn worth of damage on the housing sector in Abaco and Grand Bahama.
Private sector sees $1bn Dorian blow
The Bahamian economy’s productive sectors have suffered a combined $621m damages from Hurricane Dorian, a newly-released report has revealed, with tourism sustaining a half a billion dollar blow.
Dorian damages bill soars to $3.4 billion
THE cost of Hurricane Dorian’s impact on the Bahamas is $3.4bn, more than a quarter of the country’s GDP, according to the Inter-American Development Bank.