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No ‘monopoly pricing’ through $25m air freight terminal deal
THE Government will not permit “monopoly pricing” by the private operator of Nassau’s air freight terminal, its top finance official asserted last night, as he pledged to make the deal a “win-win-win” for all.
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URCA independence fear over director terminations
CABLE Bahamas is urging the Government to reform the law so as to preserve the Utilities Regulation and Competition Authority’s (URCA) independence and reduce its costs.
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PM unveils vision for African financial links
THE Prime Minister yesterday unveiled his vision and road map for developing stronger financial ties with Africa via a plan that capitalises on The Bahamas’ long-standing strengths.
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Second sky dive provider now seeks CAAB permits
THE company behind the Grand Bahama sky diving demonstration is different from a separate entity that has voiced repeated frustrations over its inability to obtain the necessary licences.
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Video evidence in Kwondrick Lowe’s inquest shows he threw an object seconds before being shot by an officer
SURVEILLANCE footage showed that 18-year-old Kwondrick Lowe threw objects seconds before an officer killed him near Kemp Road in 2023.
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PM is well suited for finance role
IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.
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Taureano: I’ll honour my late father’s wish - and hang up the gloves
ONE of the last words of advice professional boxer Taureano ‘Reno’ Johnson got from his father, Erwin Johnson, before he passed away yesterday was that “it’s time to hang up the gloves.”
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Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
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Bahamas financial services: 'Revisit' 15% minimum tax
The Bahamian financial services industry is calling for the 15 percent minimum global corporate income tax to be "revisited" as it violates the sovereign right of nations to set their own tax systems and rates.
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Over 100 Out Island firms aided by $30m BDB facility
The Bahamas Development Bank’s (BDBs) $30m loan facility is projected to benefit more than 100 Family Island businesses.
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BTC union anger erupts on manager dismissals
The Bahamas Telecommunications Company’s (BTC) top executive yesterday said there will be times when the carrier and its two trade unions "vigorously disagree" amid demonstrations over staff terminations.
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Property tax pace 20% up amid ‘over aggressive’ fear
Real property tax collections are pacing 20 percent ahead of the previous record year, the Government’s top finance official disclosed yesterday, as he predicted it will be “very close” to its full-year deficit target.
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‘Dorian tore my home apart - now my new home has burned down’
A FIRE destroyed Melva McPhee’s Abaco home on her birthday, five years after Hurricane Dorian tore her previous house to shreds.
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Soaring into Grand Bahama’s future
THE Bahamas appears set to have its first licensed skydiving operation after a Grand Bahama company conducted a successful demo dive under the watchful eyes of the Civil Aviation Authority Bahamas (CAAB) yesterday.
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The BTVI Story: A gateway to the future
AT THE centre of the Bahamas Technical and Vocational Institute’s (BTVI) Grand Bahama campus life is the Student Government Association (SGA), the gateway to a world of championing causes, leadership enhancement and overall positive transformation.
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New union aims to boost livery drivers’ standards
The newly-formed Bahamas Livery Drivers Union (BLDU) last night said it aims to raise standards across the industry.
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Contractors ‘within 30 days’ of licensing legal challenge
BAHAMIAN contractors say they are “within 30 days” of launching Judicial Review proceedings over the Government’s failure to implement the Act and licensing regime designed to regulate the industry.
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‘Bizarre’: France, Holland keep Bahamas blacklisted
FINANCIAL and legal executives yesterday slammed The Bahamas’ continued inclusion on national blacklists of European Union (EU) member states as “crazy” and “bizarre” given its recent delisting by that bloc.
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‘Desperate need’ to update Securities law
REGULATORS have argued that the main law governing the Bahamian capital markets’ regulatory regime needs to be modernised to account for 13 years of change.
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PI Crown Land battle splits Court of Appeal
The Bahamian entrepreneur seeking to restore Paradise Island’s lighthouse has split the Court of Appeal over his long-running Crown Land lease battle with the Government.
