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'Exorbitant' Business Licences make one-time payments impossible
Super Value’s owner yesterday said it was impossible for the food retail industry to pay the new “exorbitantly high” Business Licence fees one-time, as he dismissed claims he was ‘bullying’ the Government over its Value-Added Tax (VAT) proposals.
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Cable adviser scoldsmanagers on US$ miss
Cable Bahamas’s financial adviser yesterday expressed “disappointment” that institutional asset managers had failed to deliver on indications they would place between $10-$18 million US dollars into the company’s private placement, having invested a paltry $100,000 to-date.
Obit
George Henry Cash
Funeral Service for George Henry Cash age 98 affectionately called “Uncle Jimmy” of Freeport Grand Bahama and formerly of Lower Bogue Eleuthera The Bahamas, who died at his son’s residence December 20th, 2018 in Freeport, will be held 1:00 p.m. …
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Liquidators pledge recognition of $83m Alliance investments
One group of liquidators for an alleged multinational Ponzi fraud yesterday denied claims they would not recognise investors who placed $217 million into it via a Bahamian broker/dealer.
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Timeshare resort seeking a buyer
A Freeport timeshare resort that has lost 80 per cent of its business due to loss of amenities and access associated with the Royal Oasis saga is seeking a buyer, while committing to staying open through 2016.
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Cable targets largest ‘new money’ raise
The $60 million Bahamian dollar component of Cable Bahamas’ latest preference share issue will be the largest ‘new money’ placement by a private company if fully subscribed, its financial advisor saying there had been “a very positive response” by investors.
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UPDATED: Swimmer's record challenge
ARMED with only goggles, a swim cap and swim suit, Chloe McCardel yesterday morning set out on her world record-breaking attempt to swim the 80 miles from the southern tip of Eleuthera to New Providence.
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BTC targets Internet lead with 90% fibre coverage
The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.
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Only 46% leave high school with a diploma
ONLY 46 percent of students who leave high school qualify for a diploma, Education Minister Jeff Lloyd revealed yesterday during his budget contribution in the House of Assembly.
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Baha Mar hotel's rates are 'not good enough'
The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.
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PM urged to ‘exercise Christian charity’
FORMER Minister of Labour Dion Foulkes yesterday appealed to Prime Minister Perry Christie to ‘exercise Christian charity’ and reinstate the 80 Urban Renewal workers whose contracts were not renewed.
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City Markets staff allege 'conspiracy'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun
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Let's talk about Arawak, why not Clifton?
Let's talk about Arawak, why not Clifton? "LET'S TALK about the new container port at Arawak Cay," was Opposition leader Perry Christie's invitation to his supporters at Clifford Park Friday night. In this column today, we shall take Mr Christie up on hi
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City Markets staff allege 'conspiracy'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun
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Gov’t yet to decide over Abaco ports
A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.
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Bahamas First: Top rating more vital ‘than ever’
Bahamas First said yesterday’s affirmation of its “excellent” financial strength by the top insurance rating agency was likely the most important ranking in its recent history, due to its $80 million Hurricane Matthew payout.
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THE ART OF GRAPHIX: Advertising your message correctly
What is it that makes a good advertisement? Is it the pictures and video? Is it what is written or said? Is it the creative elements that cause you to feel something after you have been exposed to it?
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‘FOOD AID VITAL FOR SIX MORE MONTHS’: Network boss warns thousands still need help as cut-off nears
BAHAMAS Feeding Network Executive Director Phillip Smith said he hopes the government will invest another $26m in the National Food Distribution Task Force’s programme so that the initiative could be extended to the end of September.
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Freeport economy
Perhaps in a move to get under the skin of the Free National Movement administration that sacked him from the Hotel Corporation in 2018, the outspoken Pineridge MP Frederick McAlpine tabled a private Bill for an Act to repeal the Ocean Industries Incorporated (Aragonite Mining Encouragement) 1971 in the House of Assembly in early December 2020.
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System in place to cope with new U.S. test policy
TOURISM Minister Dionisio D’Aguilar yesterday expressed confidence that The Bahamas has a sound regime in place to satisfy an impending policy change requiring all air passengers entering the United States to have a negative COVID-19 test.
