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BIFF ‘taken for ride’ over Dingman deal

The Bahamas International Film Festival’s (BIFF) founder yesterday said she was left “embarrassed”, and felt “taken for a ride”, after Jamie Dingman failed to deliver on his promised acquisition of the organisation.

‘No doubt over VAT chaos’ on January 1

A well-known businessman yesterday said he had “no doubt” the Government will be unable to seamlessly implement Value-Added Tax (VAT) come January 1, suggesting “chaos” would result from failing to promptly educate the private sector.

800 job applications for new mobile player

Cable Bahamas had received around 800 applications for jobs with the nation's second mobile provider by end-last week, it was revealed yesterday, and is confident the new operator can beat its financial targets.

BEC managerial talks start today

The Government will today begin negotiations with PowerSecure International over the five-year Bahamas Electricity Corporation (BEC) management contract, amid pledges that the deal will be overseen by “a non-partisan” Board.

KERZNER FORECLOSE WOULD COST $230M

By NEIL HARTNELL Tribune Business Editor Some $230 million in costs would be incurred just to foreclose on Kerzner International's Paradise Island properties, a Delaware judge questioning why Brookfield Asset Management should be the only one to potentia

Roberts: Abaco interests up 11%

SUPER Value's owner has told Tribune Business that Abaco has proven "more resilient" to the global recession than any other Bahamas island, with his interests on the island seeing an 11 per cent increase in business year-over-year.

PRIVATISATION CAN 'HOLD BAHAMAS TO RANSOM'

By NEIL HARTNELL Tribune Business Editor A leading activist yesterday urged the Government not to privatise the energy and water industries on the grounds that foreign buyers could "hold the Bahamas to ransom", adding that this nation had "not begun to s