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Volume: 118 No.138, June 15, 2021
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Supermarket boss warns families face 8-10% price hikes By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
SUPER Value’s president yesterday warned that consumers will have “a big pill” to swallow by Christmas, as he predicted that grocery and meat prices will increase by eight percent and 10-12 percent respectively. Rupert Roberts told Tribune Business that a combination of increased
FACE-TO-FACE
INDEPENDENT VOICE ON A DIFFERENT PATH
SEE PAGE EIGHT
RESIDENCY AT A PRICE $1 MILLION
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
THE Government is eyeing a $1m minimum for investors to qualify for economic permanent residency by making non-real estate investments in The Bahamas, a Cabinet minister revealed last night. Immigration Minister Elsworth Johnson said the Immigration (Amendment) Bill 2021 is designed to expand the routes through which high net worth individuals can qualify for permanent residency. FULL STORY - SEE BUSINESS
demand, as the Bahamian and global economies continue to reflate following COVID-19, combined with soaring freight and trucking costs and other supply chain bottlenecks, were all feeding into increased food prices. “It looks like by Christmas it’s going to be at least 8 percent, and possibly a 10 percent, increase,” he disclosed. FULL STORY - SEE BUSINESS
GOODMAN APPEAL IS REJECTED
PINTARD - OBAN WAS A ‘ROOKIE MISTAKE’ By LEANDRA ROLLE Tribune Staff Reporter lrolle@tribunemedia.net MORE than three years after the controversial Oban deal was signed, Minister of Marine Resources and Agriculture Michael Pintard suggested yesterday the government made “a rookie mistake” with the billion-dollar project,
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calling the deal “a clumsy execution of a ceremonial signing”. Mr Pintard made the remarks during his contribution to the 2021/2022 budget debate in the House of Assembly yesterday. While voicing his support for the 2021/2022 budget, Mr Pintard also made clear
By FARRAH JOHNSON Tribune Staff Reporter fjohnson@tribunemedia.net
SEE PAGE THREE STERVANTE MOSS, who was shot dead yesterday near his home in Polhemus Street.
‘Y’ALL KILL MY SON - GOD GONNA DEAL WITH YOU’ By EARYEL BOWLEG Tribune Staff Reporter ebowleg@tribunemedia.net
A 25-YEAR-OLD man was killed yesterday while approaching his Polhemus Street home in a brazen morning shooting. A relative identified
the deceased as Stervante Moss. His mother, Myrna Auguste, said her son was arrested a few years ago for drugs and was just released from prison in February this year. He also has a threemonth-old baby.
While on the scene, Assistant Superintendent Audley Peters told reporters that initial investigations revealed the victim was approaching his home when a vehicle stopped him.
Nassau & Bahama Islands’ Leading Newspaper
SEE PAGE TWO
THE Court of Appeal yesterday affirmed the 55-year prison sentence of Kofhe Goodman, the man convicted of the murder of 11-year-old Marco Archer, after ruling his appeal had no “prospects of success”. SEE PAGE FOUR
PETER YOUNG
G7 STILL HAS A VITAL GLOBAL ROLE
SEE PAGE NINE