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Developer seeks $10m in new equity finance

The developers behind Eleuthera’s French Leave Resort and Marina yesterday said they were “cautiously optimistic” about securing an additional $10 million in equity financing to fund the build-out of 20 more villas.

Investor group eyeing $20-$30m water sales

Investor group eyeing $20-$30m water sales By NEIL HARTNELL Tribune Business Editor The investor group that acquired the former Bacardi plant believes its ECH2O bottled water brand can generate $20-$30 million in annual sales in five to six years time,

Less than 1/4 of NIB pension recipients come from poorest 20%

By NEIL HARTNELL Tribune Business Editor Fewer than one in four Bahamians receiving a National Insurance Board (NIB) non-contributory pension come from the poorest 20 per cent of society, an Inter-American Development Bank (IDB) report disclosing that pl

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