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Board urges NIB rate hike
January 09, 2023
Board urges NIB rate hike
The board of the National Insurance (NIB) has written the government recommending that it move ahead with an NIB rate increase of between three quarters of a percentage point and 1.5 percentage point to begin to save the fund from depletion in 2028 as was projected in the latest actuarial review completed a year ago.
The 'All Clear' declared for most islands while Hurricane Nicole makes approach to Florida
November 10, 2022
The 'All Clear' declared for most islands while Hurricane Nicole makes approach to Florida
The 'All Clear' was declared for all islands except Grand Bahama, Abaco, Bimini, and Berry Islands today at a NEMA update press conference -- as Hurricane Nicole continued its trek across the northern islands to South Florida.
'Govt broke the law'
October 27, 2022
'Govt broke the law'
Opposition Leader Michael Pintard declared in the House of Assembly yesterday that the government "broke the law" in funding a political trip to Bermuda, then having the Progressive Liberal Party (PLP) reimburse it for the charter flight.
Rate increases on the way for BPL customers
October 06, 2022
Rate increases on the way for BPL customers
Customers of Bahamas Power and Light can expect to see an increase in their electricity bills effective October, with the increase being reflected in the November billing cycle. Prime Minister and Minister of Finance,the Hon.
September 23, 2022
Acting PM Cooper assures Mayaguanians of government’s commitment
Acting Prime Minister, and Minister ofTourism, Investments and Aviation, the Hon. I. Chester Cooper, Wednesday(September 21) assured residents of Maygauana that the DavisAdministration is committed to meeting the needs of all citizens who findthemselves in vulnerable situations.
September 22, 2022
Astec Asphalt Plant Commissioned by Minister of Works and Utilities
Bahamix’s new Astec Asphalt Plant is expected to improve the company’s credibility and reliability to its customers.
'Little to no damage' from Hurricane Fiona
September 22, 2022
'Little to no damage' from Hurricane Fiona
FOLLOWING the passage of Hurricane Fiona residents in Mayaguana and other southern islands said they were able to weather the storm fairly well.
September 21, 2022
Mayaguana: 11 residents evacuated ahead of Hurricane Fiona
ELEVEN Mayaguana residents were evacuated off the island yesterday, as residents of the southern Bahamas braced for the impact of Hurricane Fiona.
August 29, 2022
PM Davis to Abaco Weather Symposium: All Islands of The Bahamas are ‘very vulnerable’
While addressing the Abaco Weather Symposium at the Friendship Tabernacle Church, in Dundas Town, on August 26, 2022, Prime Minister and Minister of Finance the Hon. Philip Davis noted that all Bahamian islands were “very vulnerable” to climate change issues and to weather threats, especially hurricanes.
August 25, 2022
NIB and Managers Union conclude negotiations with contract signing
Members of the National Insurance Board of Directors,the National Insurance Board’s Executive Management Team, and officials of the Public Managers Union, successfully concluded negotiations on a new IndustrialAgreement for the Management Staff of the National Insurance Board with thesigning of a new five-year Agreement. The signing took place Wednesday (August24, 2022) in the NIB Boardroom, loc...
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