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Businesses wait over two months for bank account

BAHAMIAN businesses face an average wait of more than two months to open a bank account with almost 80 percent asserting that the process “took longer than expected”.

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Digital building permits hailed as ‘long overdue’

The Bahamas Society of Engineers (BSE) president yesterday hailed as “long overdue” plans to slash building permit turnaround times by going digital, branding the 60-80 percent reduction target as “achievable”.

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Insurance cuts Aliv's Dorian cost to $2.5m

Aliv’s subscriber base grew by 20 percent during the final six months of 2019, its top executive revealed yesterday, after the mobile operator shrugged off $2.5m in one-off net Dorian costs. Damian Blackburn told Tribune Business it had “recovered a

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Tech issues stall new betting tax

Bahamian gamblers will enjoy a two-month reprieve from the budget’s twin five percent levies because they are “not as easy and straightforward” to implement as the government thought.

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Sports in brief

BOWLING

Obit

Norris Carey

Death Notice for Norris Carey, age 90 years, of East Bay and Mackey Streets died at his residence on Wednesday November 13, 2013. He is survived by his son: Oswald Carey; grandchildren: Anthony, Arthur, Frank, Dennis Trevor, Kendra, Sean and …

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Lorraine Margaret Gibson

Memorial Service for the Late Lorraine Margaret “Muggie” Gibson, aged 90 years of Man-O-War Circle, Yeoman Woods, Freeport, Grand Bahama will be held on Saturday February 15th, 2020 at 11:00 a.m. at The Chapel at Bethel Brothers Morticians and Crematorium. …

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MATRIARCH MARIA ANN SAUNDERS-JOHNSON

Reverend Basil Johnson announces the death of his Wife MATRIARCH MARIA ANN SAUNDERS-JOHNSON, “Mama J”, age 90 years of Leeward Isles Way, Golden Gates, and formerly of Ross Corner who died on Sunday, November 24th, 2019. Her survivors also includes …

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BAHAMAS HUMANE SOCIETY RECEIVES DONATIONS

THE Bahamas Humane Society has gratefully received donations from Installs4Less and Purina.

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BREAKING NEWS: Man guilty of unlawful sex with 14-year-old

A Supreme Court jury, moments ago, unanimously convicted 32-year-old Alban Johnson of statutory rape of a 14-year-old in May 2013.

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Cable still facing 'shortfall' despite 27% rate increase

Cable Bahamas believes its proposed 27% basic cable TV rate increase is the only way to “safeguard the product’s financial viability”, having predicted that the shortfall below its 10.86 per cent capital return target would “double” for 2011.

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Port sets July record on container volumes

Nassau’s commercial shipping port set a July record after container imports increased by more than 20 percent with its top executive yesterday confirming business volumes have rebounded to pre-COVID levels.

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'Revisions' sought to Grand Lucayan deal

A Cabinet minister yesterday said “it’s full steam ahead” on the Grand Lucayan’s redevelopment even though the ITM/Royal Caribbean joint venture is seeking “certain proposed revisions” to the deal. Dionisio D’Aguilar, minister of tourism and aviatio

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Remove 'red herrings' from Business Licence

The Government was yesterday urged to ease private sector anxieties by removing long-standing “red herrings and misnomers” associated with the Business Licence renewal process.Gowon Bowe, the Bahamas Institute of Chartered Accountants (BICA) presiden

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BPL’s $95m Wartsila deal hit existing plant

Bahamas Power & Light’s (BPL) decision to direct all its financing towards the $95m Wartsila acquisition left it “unable to meet maintenance goals”, a union leader charged yesterday.

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Fraudulent invoices hit 29% of Bahamas trade

The Ministry of Finance’s top official yesterday admitted there is “substantial” revenue loss from fraudulent invoices that are impacting up to 29 percent of The Bahamas’ trade.

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Illegal netting threatens $1.5m bonefish investment

A Long Island bonefishing lodge owner says his $1.5 million investment and six jobs are being jeopardised by illegal netting, which threatens to “wipe out” the industry within the next five years.

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Concern at fishing plan

WHEN I wrote my last letter (November 1, 2016), expressing my concern for the increased Chinese influence, I was not aware of the information that has surfaced regarding the proposed 10,000 acres of farm land in North Andros.

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Last surviving colonial governor dies, aged 101

THE last surviving British colonial governor of the Bahamas has died in England at the age of 101.

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Insurers say many claims over floods

INSURANCE companies reportedly have “a lot of claims coming in” following severe flooding across New Providence, according to industry insiders.