05122022 NEWS AND SPORT

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SCHOOL SHUTDOWN Queen’s College, SAC and St Anne’s revert to virtual tuition after COVID cases By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net THREE private schools have reverted to virtual learning, citing positive COVID-19 cases among either students or staff members. This comes as the Stephen Dillet School suspended face-to-face learning due to an increase in cases at the school and there could be other schools with cases, suggested Bahamas Union of Teachers president Belinda Wilson. The school closures come as health officials have noticed an increase in new virus cases in recent weeks.

In letters seen by The Tribune, Saint Augustine’s College and St Anne’s School said they would revert to virtual learning. It was also confirmed that Queen’s College has reverted to virtual learning due to the presence of COVID-19 on the campus. There will be a briefing today at noon by the Office of the Prime Minister giving an update on COVID-19 and its impact on schools. In a letter dated May 10, St Anne’s School Principal Nicolette Fountain explained that several members of the school family tested positive for the virus. SEE PAGE THREE

$100M DEAL DONE

‘EXPECT TO PAY 7% MORE ON BREADBASKET ITEMS’

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

SUPER Value’s top executive said consumers should expect up to a seven percent increase in breadbasket items in the oncoming months. Debra Symonette, Super Value’s president, told Tribune Business she expects to see an increase in some breadbasket items by between “three to seven percent,” as it is becoming difficult for the company to make a profit on them when the prices are going up internationally but the Price Control Commission forbids them from raising

the price on breadbasket items. Ms Symonette said: “The thing is the government is looking at the cost of the items to places like us who have to sell items and the prices are constantly increasing for us and if price control restricts us from raising the price to a certain amount then eventually we’re going to incur a loss, or we may not be able to carry the item anymore.” She added: “We’re hoping that by the end of the year everything starts to settle down and things can be smoothed out, but we can’t say for certain when that will be.” FULL STORY - SEE BUSINESS

DEPUTY Prime Minister Chester Cooper and his team pictured yesterday after the announcement of the $100m deal for the Grand Lucayan Resort with Electra America Hospitality Group. Photo: Vandyke Hepburn

Grand Lucayan Resort sold By DENISE MAYCOCK Tribune Freeport Reporter dmaycock@tribunemedia.net ELECTRA America Hospitality Group has made a $100m purchase offer for the Grand Lucayan Resort at Grand Bahama. Acting Prime Minister Chester Cooper, while making the highly anticipated announcement yesterday, said Lucayan Renewal Holdings Ltd entered an agreement

for the sale of the entire hotel property to Electra America Hospitality Group, which is part of a US conglomerate Electra America, with worldwide assets worth $7bn. The agreement, Mr Cooper said, is subject to a 60-day due diligence period, with closing no later than 120 days. According to Mr Cooper, Electra has committed to an estimated $300m renovation and construction plan to rebuild the Grand Lucayan

into an environmentally sustainable, luxury resort. Back in March 2019, Royal Caribbean International and the ITM Group signed a letter of intent for the purchase of the Grand Lucayan resort and redevelopment of the Freeport Harbour. An initial investment of $195m, which includes $65m for the purchase of the hotel, was earmarked SEE PAGES FOUR & FIVE

GOVT ‘NOT CALLOUS’ OVER PRICE RISES By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net

ECONOMIC Affairs Minister Michael Halkitis insisted yesterday that the government was not “callous”, despite its decision to approve price increases of certain breadbasket brands. He explained that there was little officials could do to offset rising costs sparked by inflation among other factors.

MINISTER of Economic Affairs Michael Halkitis. While acknowledging food inflation as a vexing

issue that plagues countries worldwide, he said the government continues to work feverishly on all fronts to bring some sort of relief to struggling Bahamians, adding the public can expect to hear “some things” very shortly. This comes as many people struggle to make ends meet after feeling the economic pinch from a spike in food and gas prices.

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FRONT PORCH: FRAGILITY OF DEMOCRACY

- SEE PAGE EIGHT


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