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News Article

August 24, 2010
Lobster craze has hit local restaurants

By ALESHA CADET and

JEFFARAH GIBSON

Tribune Features Writers

With the onset of the open lobster season, a number of Bahamian resturants are celebrating the delicacy by offering special menus.

Since the season opened on August 1,lobster tails can be seen at locals docks, in produce section of supermarkets, and on platters at local restaurants in abundance.

At Ristorante Villaggio patrons can enjoy a variety of lobster dishes during the resturant's annual lobster extravagenza.

Dion Forbes, General Manager at Ristoranté Villaggio, told Tribune Taste that August is their most popular time of year since they usually run a lobster extravaganza the first week of August every y ...

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News Article

August 25, 2010
Eighty-eight work permits for Chinese labourers

GOVERNMENT has approved 88 work permits for Chinese labourers to begin construction on a new Chinese embassy and renovation on the ambassador's residence off Village Road set to begin in two months.

Immigration and Deputy Prime Minister Brent Symonette revealed this yesterday but quickly explained that it was usual practice - under an international treaty for diplomatic relations - for governments building embassies abroad to utilise their own countrymen for the construction.

"We have agreed to issue 88 work permits to the Chinese government to come and build their head office on Village Road. The (Chinese) ambassador told me this morning they hope to start (construction) in about two mo ...

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News Article

August 26, 2010
Weekend Farmers Market at Gladstone Road Agricultural Centre

Nassau, Bahamas - The Ministry of Agriculture's
Farmers Market each Saturday at the Gladstone Road Agricultural Centre
is offering householders super savings, Under Secretary Phillip Miller
assured.

Presently the rage is summer
produce including mangoes, melons, sweet corn, pumpkins, peppers, and
onions. Mutton, pork and chicken are also available.

 

Already plans are being made
to bring Family Island produce to the market as permanent booths are
being constructed.

 

The concept of a farmers market
came up after the national agri-business expo of 2007. Food producers
said the location was ideal from where to ply their wares...

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News Article

August 26, 2010
'No justification' for US dollar borrowing bar

By NEIL HARTNELL

Tribune Business Editor

BAHAMIANS should be permitted to borrow in US dollars against assets that generate significant amounts of this currency, a senior accountant urged yesterday, warning that current restrictions placed them at a major disadvantage when it came to ownership of key businesses in this nation.

Raymond Winder, managing partner at Deloitte & Touche (Bahamas), said removing current exchange control restrictions on foreign currency borrowing would enable Bahamian entrepreneurs and individuals to participate in major investment projects, such as resorts, as owners.

They would be able to raise financing on the same terms as foreigners, whose ability to obtai ...

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News Article

August 26, 2010
Year-end goal for new permit system

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

GOVERNMENT'S multi-million dollar Electronic Border Control System could be fully operational by year-end, the Director of Immigration said yesterday, while lamenting that too many job openings that can be filled by Bahamians are still going to foreign workers.

Jack Thompson said the latest module of the Border Control System, the Electronic Identification card, could be ready by year-end and usher in a new era of immigration control in the Bahamas.

According to Mr Thompson, the new card will replace the paper identification permits currently handed out, but will hold more information electronically. He added that biometr ...

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News Article

August 26, 2010
Immigration E-ID systemby year-end

By KRYSTEL ROLLE
Guardian Staff Reporter
krystel@nasguard.com

After more than a year of delays, the Department of Immigration is hoping to launch a state-of-the-art E-Identification system by the end of the year--bringing an end to the antiquated system currently in use.
"We have completed the legislation with the Attorney General's Office to permit the electronic cards,"Immigration Director Jack Thompson said during a luncheon with the Rotary Club of West Nassau at Graycliff Restaurant yesterday.
"So what we seek to do is to do away with the written permit, where you have these big paper certificates. We're moving to the 21st century. We're getting with it and moving ...

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News Article

August 27, 2010
Minister of Education attends ground breaking for new security booth

West End, Grand Bahama -- Minister of Education
Desmond Bannister Friday broke ground for
the construction of a security booth at the West End Primary School.
The security booth was donated by the Ginn company who will also be
responsible for its construction.

Pictured during the Ground Breaking
Ceremony at the school from left: Elma Garraway, permanent secretary,
Ministry of Education; Lionel Sands, director, Ministry of Education;
Minister Bannister; Derek Gape, project manager, Ginn Development Company;
Mary Cooper, assistant director, Ministry of Education; Sandra Edgecombe,
district superintendent Primary School Ministry of Education; Lenora
Hield, principal West End Primary School; Julian Anderson, acting district
superintendent, Ministry of Education...

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News Article

August 28, 2010
Nominations for Cacique Awards 2010 Now Open

The Bahamas Ministry
of Tourism is now receiving nominations for their

Cacique Awards 2010
which will take place

January 28th, 2011.

Any
member of the public may cast a nomination for the general awards, the
Minster of Tourism's Hospitality Award or the Clement T. Maynard
Lifetime Achievement Award. They may nominate as many persons as they
wish. The same person may also be nominated for more than one award if
he/she is making a contribution in more than one area.

To be eligible for the awards, the nominees must be permanent residents
of The Bahamas, whose product or performance has a positive impact on
the quality development of Bahamian tourism...

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News Article

August 28, 2010
Enjoy Jazz on the Beach at Tony Macaroni's every Sunday in August

Grand Bahama Island -

Jazz on the Beach is back! It all started in April of 2006, and one of the best Jazz bands on the island will be performing for the month of August each Sunday at Taino Beach.

Enjoy the sweet sounds of Jazz with

Pat Boston on keyboards

and Ralph Munnings on saxophone, Sundays in August at Tony Macaroni's World Famous Conch Experience.

Jazz on the Beach is each and

every Sunday (weather permitting) from 4 to 9pm.

Great food: Conch and fish specialties...

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News Article

August 29, 2010
City Markets' shrinkage three times sector norm

By NEIL HARTNELL

Tribune Business Editor

TROUBLED supermarket chain City Markets is continuing to incur "substantial" costs as a result of inventory 'shrink' levels that are running three times' ahead of international industry norms, the company's chief executive has warned.

Adding that some jobs among the company's 700-strong workforce may be affected as the company bids to return to profitability by controlling and managing its operating costs, Derek Winford described inventory shrinkage - the loss of product to theft, spoiling and other factors before it hits the shelves - as a "daunting problem" facing City Markets.

"We know that 'shrink' ...

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News Article

April 13, 2011
PM and minister thanked for helping school

Dear Editor,
Kindly permit me space in your paper to openly thank Prime Minister Hubert A. Ingraham and Minister of Education T. Desmond Bannister for delivering on a promise made to the parents and students of the Stapledon School.
On March 2, 2009, in a letter addressed to the then Minister of Education Carl Bethel, the PTA of the Stapledon School voiced its concerns over the construction of the then proposed road improvement project. Of particular interest was the Rock Crusher Corridor, which runs directly at the rear of the school. Our concern was for the safety of our students given the proximity of the new road to the school's campus and the fact that our school is home to scores of studen ...

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News Article

August 30, 2010
Letter: The term 'Catholic' and what it means

EDITOR, The Tribune.

I found the letter by "Catholic" to be very informative. However, his signing of the letter with "Catholic" would be permissible if he had left out that an aspect of his ministry was his ability to forgive sins. I would have no problem with anything in his letter if he had signed his name "Roman Catholic", because that denomination gives their priests the authority to forgive sins. His use of the term "Catholic" means Christian and if you call yourself Christian, it means that only Jesus Christ has the authority and ability to forgive sins. Being of the Protestant persuasion it is very difficult for me to read this "misrepresentation" ...

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News Article

August 30, 2010
Light at the end of the tunnel

By SCOTT ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz

After three years of continuous losses City Markets has finished a tough 2010 by making its first actual profit in the final period of the financial year.
Bahamas Supermarkets Limited, which runs the chain, has seen the first sign of hope that a turnaround is possible by making around$80,000 profit for period 13 of the year, sources toldThe Nassau Guardian.
However 2010 has been a year of much-needed restructuring that will come at a price, with the company on track to make a$7 million total loss for the year. While that is significantly lower than 2008's alarming$13.5 million loss it is more than last year & ...

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News Article

April 17, 2011
'Superman' is back!

By BRENT STUBBS

Senior Sports Reporter

bstubbs@tribunemedia.net

Leevan 'Superman' Sands is back, posting a world leading jump and an automatic qualifying performance for the IAAF World Championships in the process.

He fell short of breaking his national record, but Sands couldn't ask for a better season opener in the men's triple jump at the War Eagle Invitational at the Hutsell-Rosen Track in Auburn on Saturday.

Sands soared 17.39 metres or 57-feet, 3/4-inches to not only win the event, but also surge on top of the world standings. Meanwhile, his Auburn connection team-mate Donald Thomas was surpassed by two Americans in the men's high jump at the 53rd Mt SAC Relays ...

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News Article

September 01, 2010
Canada Research Council pays courtesy call on National Security Minister

Nassau, Bahamas - Minister
of National Security the Hon. OAT "Tommy" Turnquest welcomes Dr.Veena
Rawat, president, Canada Research Council, during a courtesy call at the
Churchill Building on Monday, August 30.

Pictured from left: Marc Dupuis,
director general Engineering Planning Industry, Canada; Dr. Rawat; Minister
Turnquest; and Missouri Sherman-Peter, permanent secretary...

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News Article

September 01, 2010
Contract rsigned for enovations to the Ansbacher Building for Supreme Court accommodations

Nassau, Bahamas -

Minister of Public
Works and Transport the Hon. Neko Grant, along with Attorney General Senator the Hon. John
Delaney and executives of SUNCO Builders & Developers Ltd., on Wednesday,
Sept. 1 signed a contract for (ground floor) renovations to the Ansbacher
Building for Supreme Court accommodations.

The signing took place at
the Ministry of Public Works and Transport. Pictured from left: Colin
Higgs, permanent secretary, Ministry of Public Works and Transport;
Minister Grant; Attorney General Delaney; Archie Nairn, permanent secretary
in AG's Office;  Emmanuel Alexiou, SUNCO director; and  Ewan
Tough, SUCCO vice president.

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News Article

September 01, 2010
Contract signed for renovations to the Ansbacher Building for Supreme Court accommodations

Nassau, Bahamas -

Minister of Public
Works and Transport the Hon. Neko Grant, along with Attorney General Senator the Hon. John
Delaney and executives of SUNCO Builders & Developers Ltd., on Wednesday,
Sept. 1 signed a contract for (ground floor) renovations to the Ansbacher
Building for Supreme Court accommodations.

The signing took place at
the Ministry of Public Works and Transport. Pictured from left: Colin
Higgs, permanent secretary, Ministry of Public Works and Transport;
Minister Grant; Attorney General Delaney; Archie Nairn, permanent secretary
in AG's Office;  Emmanuel Alexiou, SUNCO director; and  Ewan
Tough, SUCCO vice president.

read more »


News Article

April 20, 2011
PM: Accelerated permanent residence review for foreign homeowners

Commitment to a 21-day turnaround for accelerated consideration for permanent residence status may be more meaningful to realtors than the tripling of the value of the residence that would qualify applicants.
Prime Minister Hubert Ingraham outlined the nation’s National Investment Policy and recent amendments to it in the House of Assembly on Monday. Among the amendments is an increase in the value of a residence that would qualify an applicant for ‘accelerated consideration’ for permanent resident status from $500,000 to $1.5 million.
Bahamas Real Estate Association (BREA) President Patti Birch told Guardian Business yesterday that the expressed clarification of what ...

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News Article

April 22, 2011
Tribute to Mr. Cyril Raymond Baily

The Scout Association of The Bahamas was saddened to learn of the
passing of one of the stalwarts of the Movement in the person of Mr.
Cyril Raymond Baily. Mr. Baily was extremely active in the local
Movement back in the early 1960s when he worked as an Accountant with
the firm of Price Waterhouse.

Cyril Baily's life in Scouting began when he joined the Cub-Scouts of
the 7th Aintree Pack in Liverpool, England and he progressed through
the ranks, becoming a young Leader himself. In 1962, he was assigned to
The Bahamas by Price Waterhouse and immediately continued his work with
the Boy Scouts. His life revolved around basically two themes which
were assisting young people and service to his community. Ideally, the
Scout Movement permitted him to pursue both of his passions
simultaneously.

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News Article

September 01, 2010
Letter: So it's not OK to be a nuisance

EDITOR, The Tribune

Re: Move to deal with problem of unlicensed street vending - The Tribune, August 28, 2010.

You mean to tell me it's not OK to be a nuisance, disregard permits and taxes, endanger lives, obstruct traffic, and otherwise break the law, if someone is "just trying to make a living"? C'mon, you just want to take bread out of the children's mouths!

KEN W KNOWLES, MD

Nassau,

August 30, 2010.

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News Article

September 02, 2010
2010 Little Miss Bahamas Organization now accepting applicants

Our

Little
Miss Bahamas Pageant in affiliation with World's Our Little Miss
International wants  "To select the most outstanding and outgoing little
Miss in the Bahamas".  Contestants meeting to be held at the Sheraton Nassau Beach Resort, September 19th, at 3pm.

Application Deadline: September 17th, 2010

Pageant Date: November 21st, 2010

Entry Requirements: Delegate
must be a citizen or resident of the Bahamas and must have resided in
the Bahamas as her permanent and primary residence for a period of at
least one year immediately prior to the national competition...

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News Article

September 07, 2010
Mitchell: City Markets Meeting...

Nassau, Bahamas -

On the 1st September, The Nassau Guardian carried a story with an
interview with Derek Winford, the CEO of Bahamas Supermarkets Ltd.,
which does business in The Bahamas as City Markets.  The story said that
I attended a meeting with the CEO to discuss my intervention in the
press on behalf of my constituents about the fate of City Markets.  The
story said that it was expected that I would issue a statement
subsequent to my meeting and I now do so.

 

In The Tribune 28th August, the CEO Derek Winford said that City Markets
is in business to stay in business.  I welcome that statement...

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News Article

September 07, 2010
Thousands show Baha Mar support

By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
Thousands of Bahamians have gone online to express their support for the$2.6 billion mega resort Baha Mar which will help position The Bahamas as a world class destination resort, leading to a potentially significant increase in tourism, jobs and enhanced infrastructure for The Bahamas.
A resolution on the number of work permits needed by Baha Mar's Chinese partners will be tabled tomorrow in the House of Parliament, though the resolution may not be acted upon until Scotiabank and the Izmirlian family come to terms over an outstanding loan.
With the Office of the Prime Minister now stepping in to br ...

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News Article

May 04, 2011
City Meat losing 25-30 of sales

By NEIL HARTNELL

Tribune Business Editor

City Markets is missing out on 25-30 per cent of potential sales by failing to carry all the products consumers are seeking, its majority owner yesterday asserting: "Once we get inventory management right, I'm sure this company will exceed $100 million in sales."

Mark Finlayson, who through his family's Trans-Island Traders investment vehicle acquired the 78 per cent majority stake in Bahamas Supermarkets last November, pledged that by the time the company's 2012 financial year starts in June meeting all consumer needs in-store "won't be a problem".

He added that apart from improving City Markets' buying operation ...

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News Article

September 08, 2010
Nominations for Cacique Awards 2010 Now Open

The Bahamas Ministry
of Tourism is now receiving nominations for their

Cacique Awards 2010
which will take place

January 28th, 2011.

Any
member of the public may cast a nomination for the general awards, the
Minster of Tourism's Hospitality Award or the Clement T. Maynard
Lifetime Achievement Award. They may nominate as many persons as they
wish. The same person may also be nominated for more than one award if
he/she is making a contribution in more than one area.

To be eligible for the awards, the nominees must be permanent residents
of The Bahamas, whose product or performance has a positive impact on
the quality development of Bahamian tourism...

read more »


News Article

September 07, 2010
Private sector 'holds breath' on Baha Mar

By NEIL HARTNELL

Tribune Business Editor

The $2.6 billion Baha Mar project has been likened to "a marriage where the mother-in-law does not approve of the spouse", a former Bahamas Chamber of Commerce president warning the private sector would "go into shock for six months" if both political parties failed to approve work permits for the development's 5,000 Chinese workers.

Giving his apt assessment of the Government's seeming attitude towards the Baha Mar development and its Chinese government-owned partners, the China Import-Export Bank and China State Construction, Dionisio D'Aguilar told Tribune Business that the Cable Beach project was "the only short-ter ...

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News Article

September 08, 2010
Bimini Bay paying up in1.5m work permit row

By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz

The$1.5 million owed by the Bimini Bay Resort and Marina and its developer the Capo Group for outstanding work permit fees is to be paid back to The Bahamas at least in part,The Nassau Guardiancan report, as the deputy prime minister reveals the company has agreed to cough up"some of the money."
An investigation was launched back in December 2008 by the auditor general who recommended that the multi-million dollar luxury development owed$1.5 million in unpaid fees to the government. Since then negotiations have been taking place over how much money is actually owed and for what nationalities, ...

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News Article

May 07, 2011
OAS Permanent Council Analyzes the Effectiveness of the Implementation of the Inter-American Democratic Charter

The

Permanent Council of the Organization of American States (OAS) today

analyzed the effectiveness of the implementation of the

Inter-American Democratic Charter (IDC) since it was signed on

September 11, 2001, its relevance, and the important role it has

played in the strengthening of democracy throughout the continent.

Furthermore, the Member States made proposals on how to strengthen

the mechanisms available to it for the benefit of democracy and

thanked the Secretary General, José Miguel Insulza, for his report

on the IDC and the proposals contained in it.

During the

meeting the following permanent missions took the floor: Mexico,

Chile, Uruguay, Peru, the United States, Ecuador, Canada, Brazil,

the Dominican Republic, Venezuela, El Salvador, Argentina, Dominica,

Bolivia, Nicaragua, Guatemala...

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News Article

May 10, 2011
Ambassador designate of Sweden calls on Bahamas Deputy Prime Minister and Minister of Foreign Affairs

Nassau, Bahamas - The
Ambassador designate of Sweden to The Bahamas Claes Hammar makes courtesy call
on Deputy Prime Minister and Minister of Foreign Affairs, the Hon. Brent
Symonette on May 10, at the Ministry of Foreign Affairs. Mr. Hammar will
present his Letters of Credence to Governor General Sir Arthur Foulkes on
Thursday, May 12 at Government House. Pictured from left: Patricia Rodgers, permanent secretary; Claes
Hammar; Minister Symonette; and Anders
Wiberg, consul general for Sweden...

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News Article

September 08, 2010
City Market releases 2010 figures

By SCOTTâ ARMSTRONG
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz
The full picture of City Market's 2010 has been reported as the company has published its annual unaudited figures, ending the year some$7.4 million in the red despite generating sales of just under$100 million.
The Nassau Guardianrevealed last week how Bahamas Supermarkets Limited had actually made an$80,000 profit in the final period of the financial year as it continues it fight to turnaround its losses and get back on top.
In the end the company, which employs some 700 staff, made a gross profit of$23.9 million but its operating and administrative expenses of$29.9 million dragged that into the n ...

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