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ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
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Resort to Gov’t: ‘Pursue’ horse riding venture like shanty towns
A MAJOR Harbour Island resort yesterday urged the Government to “aggressively pursue” a local horse riding entrepreneur’s “unauthorised construction” with the same vigour as its shanty town crackdown.
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NIB back-pedal ‘no way to run country’
THE Government’s back-pedalling over the phased strategy to increase the National Insurance Board’s (NIB) all-in contribution rate to 26.3 percent is “not a way to run a country”, it was asserted yesterday.
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Cable ‘takes exception’ with URCA over Freeport blame
CABLE Bahamas “takes exception” with its regulator blaming it for “an increase in bad debt” due to challenging its ability to licence and regulate the company’s Freeport operations.
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Harborside staff see 11% industrial deal pay boost
SOME 92 workers at the Harbourside Resort at Atlantis will enjoy an 11 percent pay rise spread over the five-year term of a newly-signed industrial agreement, it was revealed yesterday.
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Agri expo to connect farmers with markets
AN Agri-business Expo will be held next month to connect farmers and other entrepreneurs, Minister of Agriculture and Marine Resources Jomo Campbell has announced.
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Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
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Key witness says she never bribed Gibson nor transferred vehicle to his company
A KEY witness in the criminal trial of Adrian Gibson and others claimed yesterday she never bribed the Long Island MP to receive maintenance contracts for Elite Maintenance and never transferred three vehicles to his company in Long Island.
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Man shot dead in Montell Heights area
A MAN in his late 40s was shot dead last night outside a residence at Akel Close in Montell Heights.
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’We should find funding for training camps in France’ prior to Olympics
MEMBER of Parliament for Central Grand Bahama Iram Lewis, highlighting the need to adequately fund our sporting programmes, said we need to be able to hold training camps ahead of major events so that athletes have a chance to “sharpen their skills and work together, gel.”
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Restaurant chain to double staff as revenues rise 15%
A BAHAMIAN restaurant chain is aiming to double its workforce by July through the creation of 48 new jobs with revenues for the year-to-date some 15 percent ahead of 2023.
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‘Iconic’ Briland horses battle Gov’t and resort
AN “iconic” Harbour Island horse riding business popular with visitors is locked in a furious legal battle with the Government and Pink Sands resort over the land where its facilities are located.
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Deltec’s terminations ‘to realign workforce’
DELTEC Bank & Trust last night confirmed it has moved “to realign its workforce” via a right-sizing which is said to have resulted in around 11 staff being terminated last week.
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Regulators standing firm over tougher consumer protection
REGULATORS have held firm over plans to slash the time for communications industry operators to resolve customer complaints, wrongful disconnections and new serve installation despite industry push back.
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‘Coming home’ to boost critical mass in Freeport
A CABINET minister has unveiled the ‘Coming Home’ initiative designed to attract Grand Bahamians to return home and exploit the island’s touted $2bn investment project pipeline.
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DPM: ‘We won’t tolerate’ cruise lines deterring their passengers
THE Deputy Prime Minister has warned the cruise lines that advising their passengers not to disembark in The Bahamas is “not something we tolerate”.
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Gov’s wants ‘happy medium’ on petroleum retail demands
THE Prime Minister’s spokesperson has reaffirmed the Government is still trying to reach a “happy medium” with petroleum retailers that does not involve raising gas prices for Bahamians.
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'Remarkable uncertainty' over NIB back-pedalling
The Government's political opponents yesterday accused it of creating "a remarkable amount of uncertainty" for businesses and workers by back-pedalling over plans to progressively increase NIB contributions.
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‘Why should we believe you?’, key witness asked by lawyer
A DEFENCE attorney asked a key witness in the criminal trial of Long Island MP Adrian Gibson and others why jurors should believe her testimony after she admitted to lying to police during her record of interview.
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SAC wins fourth straight BAISS track and field title
The competitiveness of the Bahamas Association of Independent Secondary Schools (BAISS) Track and Field Championships peaked on the final day as the Big Red Machine hauled away their fourth straight title at the original Thomas A Robinson Stadium.
