Local Business

Subscribe

Tease photo

Retail investors gain $20m cruise power opportunity

Small Bahamian retail investors will have the chance in early 2025 to invest up to $20m in the facility that will supply vessels at Nassau Cruise Port with 60 mega watts (MW) of power, it was revealed yesterday.

Breaking the cycle of workplace conflicts

Sometimes you get stuck in a rut with a colleague at work — a boss, a cow-worker, a direct report.

Businesses say electric bill reduction ‘minimal’

Small businesses saw “minimal” decrease in electricity bills last month, according to a local consultant.

Tour operators welcome increased Exuma airlift

Tour operators in Exuma are pleased to hear that airlines are ramping up in time for the holiday season beginning in November.

‘Sudden’ Oscar leads to rush at Morton Salt

THE Morton Salt plant was closed and secured on Saturday ahead of Hurricane Oscar’s “sudden” landfall as a category one hurricane, according to Jennifer Brown, head of the Bahamas Industrial, Manufacturers & Allied Workers Union (BIMAWU) which represents line staff there.

Rough weather impacts food store perishables

Rough weather and stormy seas have sparked a temporary shortage of perishable foods that should “certainly” ease by today, Super Value’s principal said yesterday.

Tease photo

'BEYOND DOUBT': Izmirlian wins $1.6bn Baha Mar battle with CCA

Baha Mar's original developer has won more than $1.6bn in damages over its fraud and breach of contract claim against the project's main contractor.

Developer ‘one and done’ because ‘just too painful’

A Bahamian developer yesterday revealed he is “one and done” because the process of obtaining all the necessary permits for his present multi-million project was “just too painful and expensive”.

Tease photo

Ten years on and Exuma hospital ‘a great tragedy’

The deputy prime minister yesterday branded the decade-long failure to fully open Exuma’s multi-million dollar mini-hospital as “a great tragedy that pains me”.

Bahamas suffering ‘12,000 plus’ housing unit shortage

The Bahamas is suffering from a “12,000-plus” shortage of housing units, a Cabinet minister revealed yesterday, while conceding “we have our work cut our for us” to bridge that gap.

Solar project to generate ‘over 80%’ of Exuma’s energy load

More than 80 percent of Exuma’s energy demand will be met from a solar plant due to come online in mid-2026, Bahamas Power & Light’s (BPL) chief executive disclosed yesterday.

Exuma airlift ‘ramped up’ 2% despite Sandals close

The deputy prime minister yesterday reassured Exuma stakeholders that airlines are “ramping up” airlift to the island with seat capacity up 2 percent despite Sandals’ temporary closure.

DPM: Five-year infrastructure spend on Exuma is record high

The deputy prime minister yesterday asserted that the $150m in infrastructure investments underway on Exuma are “more than we’ve ever seen in any five-year period in modern Bahamian history”.

Airlines in concerns over fee increases

Airlines yesterday voiced concern over fee increases imposed by The Bahamas which have contributed to rising costs following a sluggish September for many carriers.

Corporate taxation Bill causes Freeport fears

The Attorney General yesterday confirmed that the 15 percent corporate income tax “will apply” in Freeport amid fears it may conflict with the city’s founding treaty and other laws.