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Ex-BCA chief says $15m to Bahamians for roadworks 'low'

Ex-BCA chief says $15m to Bahamians for roadworks 'low' By NEIL HARTNELL Tribune Business Editor A former Bahamian Contractors Association (BCA) president yesterday said the 13.7 per cent of work sub-contracted out to Bahamian firms on the New Providenc

Real property tax compliance 'higher than in the past'

By NEIL HARTNELL Tribune Business Editor Real property tax compliance is "higher than in the past, that's for sure", a government minister telling Tribune Business yesterday that new administration/enforcement measures would "yield" improved collection r

Consumer chief set to investigate BPL bill spike

The Consumer Protection Commission’s chairman last night promised to investigate the “double” and “triple” energy bill increases many consumers are now experiencing as a result of Bahamas Power & Light’s (BPL) post-Matthew billing practices.

Freeport consultation ‘a matter of survival’

The negotiations over Freeport’s expiring tax breaks are “very much a matter of survival” for the Grand Bahama Port Authority’s (GBPA) 3,500 licensees, an outspoken QC arguing that these incentives are among the few “not completely breached” yet.

Sky Bahamas chiefs deny share allegation

SKY Bahamas' principals yesterday told Tribune Business they completely "deny" allegations by a former executive of the airline that they conspired to squeeze him out of his equity stake in the company, and recorded incorrect shareholdings in the Companies Registry.

THE 'BAHAMIAN DREAM' HAS SOURED FOR SO MANY

Anyone who reads the local newspapers cannot help but notice the large number of distressed Bahamian homes advertised for sale by banks under their mortgage powers. Never before in the history of the Bahamas have so many families suffered the humiliation,

BTC profits slump 26.4%

The Bahamas Telecommunications Company (BTC) suffered a 26.4 per cent profits slump for the year to end-March 2015, as its revenues and staffing levels came under pressure in the run-up to mobile liberalisation.

‘Wonderful opportunity’ for Long Island revival

The resolution to a 10-year dispute over Long Island’s one-time largest employer presents “a wonderful opportunity” to revive the island’s economy, its MP yesterday describing the surrounding area as “ghost town”.

QC: Don’t reward $35m Nygard ‘law breaking’

The Government was yesterday urged not to reward two decades of alleged law-breaking by approving Peter Nygard’s new development applications, a well-known QC suggesting he had seized land worth $35 million without permission.

'Little chance' to lower high debt, bad loan levels

The Central Bank of the Bahamas has admitted the current economic climate provides "little opportunity" to reduce high consumer debt and loan delinquency levels, with only 'qualified borrowers' able to access credit.

Airport increases US bridge capacity 50%

Lynden Pindling International Airport (LPIA) is predicting that passenger numbers will grow by 2.4 per cent for the year to end-June 2016, as it moves to increase bridge capacity for US carriers by 50 per cent.

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre

All Bahamians need the energy for conservation

Dear Editor, I am moved to respond to the "dabbling" comment in the article on Renewable Energy in last Thursday's Business Section of The Tribune. Governments are increasingly being asked to do more and be more. Yet individual choices are at the centre