Minister of Immigration Elsworth Johnson said yesterday that with “50 percent of the population unemployed”, some work permits will not be renewed.
At last report, the government said nearly 30,000 people applied for unemployment benefits following the economic fallout of COVID-19.
“We know that 50 percent of the population is
Deputy Prime Minister and Minister of Finance Peter Turnquest said in a statement yesterday that the government’s 2020/2021 budget, which is being presented today, will lay out a path to transform the novel coronavirus (COVID-19) crisis into an opportunity for the country’s future recovery.
The National Insurance Board (NIB) has started the process of identifying which of its foreign assets it will offload as a part of acute austerity measures being taken to safeguard foreign reserves.
The Central Bank of The Bahamas requested that NIB liquidate some of its external
More than 900 companies have registered with the National Insurance Board’s (NIB) Employer Self-Service (ESS) portal since its pilot was launched late last year.
The project, which will allow employers to submit contribution forms and payments for their employees online, was supposed to be fully rolled
Bahamas Petroleum Company (BPC) has entered into a definitive contract for a drill rig with Stena Drilling in order to begin its exploratory well by the end of the year or early 2021, a statement on the company’s website revealed, adding that the company’s costs have
Businesses have come to understand during the novel coronavirus (COVID-19) pandemic the importance of customer loyalty and one technology company – Bahama Mobile Stamp – has been helping companies build customer loyalty with its app.
Bahama Mobile Stamp founder and Chief Executive Officer Clay Panza told Guardian Business
Minister of Tourism and Aviation Dionisio D’Aguilar said yesterday that “we’ll starve” if the economy is not opened within the next few months.
Speaking to reporters outside of Cabinet, D’Aguilar noted the recent closure of well-established restaurant Luciano’s, saying that there will be similar “unfortunate events”
An American boat captain accused of shooting at law enforcement officers on Green Turtle Cay, Abaco, was on Tuesday denied bail.
Prosecutors say that John Tellam, 60, of Coral Gables, Florida, endangered the lives of Corporal 2999 Glen Dean and Marine Seaman Keiton Bowleg on Friday,
A 42-year-old man was remanded to prison on Tuesday on an indecent assault charge.
Sheldon Forbes, of Sir Lynden Pindling Estates, is accused of molesting an eight-year-old girl on May 22.
He did not have to enter a plea because he will be tried in the Supreme
A court on Tuesday ordered a man who cut off his ankle bracelet in 2017 to pay for the damage caused to the device.
Sony Pierre, of Carmichael Road, has until July 30 to pay the $1,512 to replace the tracking device. If he doesn’t, he