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Employer redundancy cap fears 'overblown'

Employer concerns over an increase in redundancy pay were yesterday branded as “overblown”, a senior trade union leader suggesting the current ‘cap’ should be doubled.Obie Ferguson, the Trades Union Congress (TUC) president, told Tribune Business tha

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NPBA best-of-7 championship series tonight

It is the matchup everybody anticipated as the pennant winners and the defending champions will all hook up in the New Providence Basketball Association’s best-of-seven championship series that starts tonight at the AF Adderley Gymnasium.

Obit

Harriet Albertha Darling

Mother Harriet Albertha Darling aged 84 years of Hill Crest Drive, Seven Hills Estates and formerly of Browns, Crooked Island died at Doctor’s Hospital on Saturday September 8th, 2018. She is survived by her three (3) daughters: Wendy Darling, Sharon …

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George Edward McKenzie

Death Notice For George Edward McKenzie, 84 of Murphy Town Abaco died on January 1 2018 at The Princess Margaret Hospital. He is survived by his Children: Eugene, Wayne, James and Clayton McKenzie; Four Daughters: Edith Johnson, Wanda Russell, Collete …

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Freddie Ezekiel Curry Sr.

Rev. Freddie Ezekiel Curry Sr. Age: 84 years A resident of Nicholl’s Town, Andros Died at his residence on Saturday 16th January, 2016 He is survived by his Wife: Casilena Curry; 4 Sons: Fredrick, Craig, Phillip and Christopher Curry; 6 …

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Rudell Rosenell Brissett

Evangelist Rudell Rosenell Brissett, 84 yrs., a resident of #158 Bamboo Blvd, died at her residence on 28th May, 2015. She is survived by her husband: Gladstone Brissett; 11 daughters: Karen smith, Carol Roberts, Faye Delancey, Sally Thompson, Grace McIntosh, …

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LILLA MARIA SMITH

Death Notice For LILLA MARIA SMITH, 84 of White’s Road and formerly of George Town, Exuma, died at the Princess Margaret Hospital on Monday, August 7, 2017. She is survived by two daughters, Angela Pinder and Patricia McPhee; seven sons, …

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Bernice Kelly

DEATH NOTICE: Bernice Kelly, 84, of Golden Gates #2 & formerly of Port Nelson, Rum Cay, died at her residence on 23rd March, 2012. She is survived by her 3 sons: Elsworth, Marverick & Denrod; 5 daughters: Terecita, Dorothy, Stephanie, …

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Works minister: 'Public has right' to expect more'

A Cabinet minister has called upon his ministry’s staff to be more “proactive” in 2020, adding: “The public has a right to expect more from us.”Desmond Bannister, minister of works, in his annual New Year’s charge to staff, urged them to take the ini

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Benchmark: ‘We’ve turned the corner’

A BISX-listed company yesterday expressed optimism it has “turned the corner”, its principal adding that its settlement with US federal regulators did “not stipulate” the instant redemption of its $5 million preference share capital.

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Governor in bank fee 'transparency' pledge

The Central Bank's governor yesterday pledged to deliver "greater transparency" on commercial bank fees as the country's first credit bureau prepares to start issuing reports by the 2021 second quarter.

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Tax amnesty yields $9.1m

The Government’s real property tax amnesty has yielded $9.1 million in extra revenues during its first three months, a Cabinet Minister said yesterday, with more than 1,000 taxpayers “settling” their outstanding bills.

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PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa

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Hurricane forces delay in trial of men accused of killing press secretary

TWO men scheduled to stand trial for the murder of Prime Minister Perry Christie’s press secretary, Latore Mackey, face another delay in the start of their case.

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Tourism ‘subdued’; LPIA departures decline 3.6%

The Central Bank yesterday identified a mixed outlook for the Bahamian economy, with increased domestic demand offset by a “subdued” tourism performance that saw air departures shrink by 3.6 per cent.

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NPBA: Rebels and Heatwaves in win column

THE New Providence Basketball Association continued its regular season action with a double header at the AF Adderley Gymnasium on Monday night. • Here’s a summary of the games played:

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Deposit insurer 'lacks capital' if bank fails

The Deposit Insurance Corporation (DIC) does not have “sufficient equity capital” to compensate Bahamian depositors if a large bank failed, it was revealed yesterday, and has “transparency and disclosure shortcomings”.

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Coalition chief optimistic VAT cut to boost revenue

The Coalition for Responsible Taxation’s head yesterday voiced optimism that the 10 percent VAT slash will generate more revenue than the current structure once zero ratings are eliminated.

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Just 12% of mortgages finance 'new buildings'

New Central Bank of the Bahamas date has provided a further insight into the sluggish home construction market, with just 12 per cent of mortgage applications involving 'new builds'.