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WSC signs $2.3m industrial agreement with Water and Sewerage Management Union

THE Water and Sewerage Corporation signed a $2.3m industrial agreement with the Water and Sewerage Management Union (WSMU) yesterday, the terms of which are uncertain because the agreement was not released to the press.

‘Smooth sailing’: Resort’s $30m annual GB boost

Fears that a major resort development may have stalled were eased yesterday after it was revealed the project will generate a $30m annual boost for Grand Bahama’s ailing economy once fully operational.

Flamboyant ‘philanthropist’ facing fraud charges retrial

A flamboyant Bahamian businessman and “philanthropist” faces a retrial on fraud and money laundering charges after the Court of Appeal found the rules governing his Post Office Savings Bank accounts were “ignored routinely”.

Union boss: BTC trying to make staff ‘look bad’

A union leader yesterday accused the Bahamas Telecommunications Company (BTC) of trying to make Bahamian staff “look bad to justify” outsourcing local jobs as the carrier’s 2023 first-half revenues fell by $1.4m.

‘We’ll show true story’ on title to $29m cays

A fresh bid to resolve the title to two Exuma cays, valued at a collective $29m, has been launched by some of the parties previously ensnared by the Chief Justice’s land fraud conspiracy ruling last year involving the same islands.

Fidelity mulls five for one stock split

Fidelity Bank (Bahamas) is mulling a five-for-one stock split due to its present share price, its chief executive has revealed, with the long-awaited move finally set to happen this quarter.

GB businessman Kenneth Symonette loses battle with cancer

Well-known Freeport businessman Kenneth Symonette died on Saturday in Grand Bahama after a battle with cancer. He was 63.

Fredrick King and Bluejays sweep Summer of Thunder

Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.

Police in joint operation seize $10m cocaine at Stella Maris Airport over the weekend

POLICE in Long Island seized cocaine valued at $10m over the weekend.

EDITORIAL: Justice must be given a chance in Cornish case

THIS morning, Kirk Cornish MP is to be charged with sexual assault and threats of death.

Water Corp managers in $2.3m industrial deal

Middle managers at the Water & Sewerage Corporation yesterday signed a three-year, $2.3m industrial agreement with the state-owned utility that will last until mid-2025.

Staff and unions blast BTC during protests

Several dozen Bahamas Telecommunications Company (BTC) workers yesterday joined with executives from the company's two trade unions to demonstrate against feared job losses and other grievances with the carrier.

FACE TO FACE: Caribbean diaspora key to sustainable future of tourism

THE Bahamas’ Director of Investments, Phylicia Hanna, says the Caribbean Diaspora has a key role to play in the future of tourism, the number one industry in most of the countries in the region. By expanding their reach from the United States to countries like the Bahamas, she believes, Diasporans could increase their wealth while supporting the natives in their homeland.

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