Search results for : grocer
Govt aims to tackle inflation
December 28, 2022
Govt aims to tackle inflation
PRIME Minister Philip "Brave" Davis said the government is targeting initiatives to combat inflation after the Inter-American Development Bank criticised officials' efforts to tackle the problem.
Inflationary pressures dampen AML Foods' Q2 sales
December 19, 2022
Inflationary pressures dampen AML Foods' Q2 sales
Citing the continued impact of inflation on customers' shopping behavior, AML Foods Limited reported a modest 2.7 percent sales improvement during its second quarter. The quarter, ending October 31, encompasses the period when grocers adamantly pushed back against the Davis administration's expansion of price-controlled items to help Bahamians withstand inflationary pressures. In the second quarte...
Govt eases position on grocery margins
November 04, 2022
Govt eases position on grocery margins
Minister of Economic Affairs Michael Halkitis revealed yesterday that the government has agreed to provide higher price control margins than what it gazetted last month for perishable items, and has also decided to accept a recommendation from grocers that Family Island businesses be given higher margins than what were recently announced. "We published the order ...
The post Govt eases position on...
November 02, 2022
GOVT WILL TALK TO PHARMACIES: Shut down has ended - for now
ECONOMIC Affairs Minister Michael Halkitis yesterday insisted the government will not reverse its decision to enforce new price control regulations despite the "unexpected" shutdown action taken by pharmacies yesterday.
November 02, 2022
Pintard calls on PM to step in and fix price control 'mess'
Free National Movement (FNM) Leader Michael Pintard yesterday called on Prime Minister Philip Davis to intervene to resolve a debacle that has developed with private pharmacies and grocers opposed to the government's recently announced changes to price controlled drugs, food and other items. "The prime minister must step up immediately and fix the mess that ...
The post Pintard calls on PM to step...
November 02, 2022
ORG encourages adoption of standard public consultation processes
In light of the furor that erupted in the grocery and pharmaceutical sectors after Prime Minister Philip Davis announced price control changes in a national address on October 11, the Organization for Responsible Governance (ORG) is encouraging the adoption of standard public consultation processes. Both the Retailers Grocers Association and the Bahamas Pharmaceutical Association have ...
The post...
A royal mess
November 02, 2022
A royal mess
We are utterly dumbfounded that in the three weeks since Prime Minister Philip Davis announced that the government is reducing the profit margin on price-controlled drugs, and is expanding the list of items in the breadbasket, the Davis administration has failed to reach a compromise with the Bahamas Pharmaceutical Association and the Retail Grocers' Association, ...
The post A royal mess appeared...
A royal mess
November 02, 2022
A royal mess
We are utterly dumbfounded that in the three weeks since Prime Minister Philip Davis announced that the government is reducing the profit margin on price-controlled drugs, and is expanding the list of items in the breadbasket, the Davis administration has failed to reach a compromise with the Bahamas Pharmaceutical Association and the Retail Grocers' Association, ...
The post A royal mess appeared...
Shut down
November 01, 2022
Shut down
After receiving no response from the government over its proposal to changes to the price control list, the Bahamas Pharmaceutical Association (BPA) yesterday advised its members across the country to temporarily close their doors starting today.
October 26, 2022
Halkitis: I'm still waiting for ideas from retailers over price controls
ECONOMIC Affairs Minister Michael Halkitis said he is awaiting suggestions from retailers about the government's expanded price control list.
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