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IMF raises ‘jobless cut’ growth to 7%

The International Monetary Fund (IMF) yesterday upped the average five-year GDP growth rate that the Bahamas needs to both absorb new workforce entrants, and slash the existing jobless rate in half, from 5 per cent to 7 per cent as it urged this nation to rapidly tackle “structural impediments”.

Ex-ministers to face the courts?

FORMER ministers in the Christie administration are “guilty” of “misfeasance” and Attorney General Carl Bethel will have to determine if they should be held liable for the “millions” in taxpayer dollars that were awarded in questionable contracts, in some cases to “inexperienced” contractors, Minister of Works Desmond Bannister told the House of Assembly last night.

CULTURE CLASH: Stifling the press won’t get the job done, Dr Minnis

We have a media and communications problem in The Bahamas. Some would have us believe this is a reflection of the competence and work ethic of journalists, avoiding their own responsibility.

New beginnings later in life

Former dental assistant and beauty queen has major career change at age 55

BEING fired from the same job twice would be enough to make anyone want give up and hide away from the world. However, Oralee Smith took this unexpected opportunity to start an entirely new career.

PLP’s ‘mind boggling’ omission of fiscal crisis

An FNM candidate yesterday said it was “mind boggling” that the Progressive Liberal Party’s (PLP) 2017 election ‘action plan’ fails to mention how it will address the Bahamas’ fiscal crisis, adding: “They don’t want Fiscal Responsibility.”

Middle class facing 'consistent assault'

The FNM’s deputy leader yesterday warned that the Bahamian middle class was under “consistent assault” from job losses and increased taxes, with this country fast becoming “a nation of haves and have nots”.

From Baha Mar blue to eco green as staff join community clean-up

WHILE uncertainty lingers over the opening date of Baha Mar, several employees expressed gratitude to executives of the $3.5bn project for allowing them to keep their jobs despite being reassigned to an inner city cleanup initiative with Urban Renewal 2.0.

Former chairman says FNM crisis should not have been made public

THE leadership crisis within the Free National Movement should never have spilled out into the public domain, according to former FNM Chairman Darron Cash. THE leadership crisis within the Free National Movement should never have spilled out into the public domain, according to former FNM Chairman Darron Cash.

Shanty town residents seek sympathy from govt

SHANTY town residents are calling on government to be sympathetic following the lifting of an injunction to legally allow officials to evict residents and tear down the unregulated communities throughout The Bahamas.

Ex-Robin Hood chief targets $1.75m revival

Robin Hood’s former principal is aiming literally to ‘rise from the ashes’ by re-opening his former Prince Charles Drive store before Christmas 2012, a move he yesterday said would require a $1.75 million investment and create around 170 jobs immediately.

Facing the problem of poverty

ALLAN Cochorane, a noted British Social Economist, once wrote: “One measure of the success of the welfare system in any country is the extent to which it is able to maintain acceptable standards of living for its citizens.

Freeport retailer’s 100-job boost in Nassau expansion

A FREEPORT-based food retailer is expanding its operation to New Providence this summer by taking over the former Saveco store in Nassau Village, Tribune Business can reveal, in a move set to create around 100 jobs.

DON'T LISTEN TO THE MESSENGERS OF DOOM

DON'T LISTEN TO THE MESSENGERS OF DOOM THE SOUND bites being fired off by opposition politicians over the collapse of the Kerzner agreement with its Brookfield creditor gives the impression that they are intent -- in order to deal a mortal political blow

PM says his govt has done an outstanding job for Bahamians

DESPITE a term in office defined by controversy and criticism, Prime Minister Perry Christie insisted yesterday that his administration has done an “outstanding job” for and on behalf of Bahamians.

Minnis: Nothing to celebrate for PLP

FREE National Movement Leader Dr Hubert Minnis yesterday scoffed at Prime Minister Perry Christie’s recent assessment of his administration’s term in office, accusing the nation’s leader of being “disconnected from reality” in the face of crime, vexing unemployment and “secret” deals negotiated by his government.

$4m in school reconstruction contracts awarded in Grand Bahama

MORE than $4 million in school reconstruction contracts have been awarded to get public schools in Grand Bahama ready for reopening in September, Education Minister Jeffrey Lloyd announced this week in Grand Bahama.

Rotary helps Yellow Elder residents

YELLOW Elder residents in need received food items yesterday at the community’s Tom “The Bird” Grant Park.

‘Low morale’ at Ocean Club ahead of reopening

A WEEK before the One&Only Ocean Club reopens to guests, employees at the Paradise Island hotel reportedly have “low morale” because of certain “changes” taking place at the resort, The Tribune understands.

Succeeding in a man's world

Audrey Oswell takes top position at Atlantis

For Audrey Oswell, the newly appointed president and managing director at Atlantis Paradise Island, it is encouraging to see women progress professionally and their roles expanding in every industry, not just hospitality.“At Atlantis we have many wom

Union to announce it will represent Bahamas waste staff

THE Bahamas General Workers Union is expected to announce today that it is now the official bargaining agent for employees of Bahamas Waste, amid several ongoing industrial disputes at the waste management company.In an interview with The Tribune yes

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