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SPEED WEEK 'CAN BECOME LIKE MONACO'

By NEIL HARTNELL Tribune Business Editor Bahamas Speed Week Revival organisers are examining whether to create a permanent race track in the Arawak Cay area, the minister of tourism telling Tribune Business that this nation could effectively match Monaco

Accountants choose Bahamian for report

Accountants choose Bahamian for report Bahamian forensic accountant, John Bain, has been selected to participate in a defining webinar hosted by the Association of Chartered Certified Accountants (ACCA) to develop the organisation's integrated report, pa

Accountants choose Bahamian for report

Accountants choose Bahamian for report Bahamian forensic accountant, John Bain, has been selected to participate in a defining webinar hosted by the Association of Chartered Certified Accountants (ACCA) to develop the organisation's integrated report, pa

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COMMISSION URGED TO ACT ON $10M PORT PROSPECTUS

By NEIL HARTNELL Tribune Business Editor A prominent businessman has again urged the Securities Commission to "become involved" and ensure the prospectus for the $10 million Arawak Cay initial public offering (IPO) is amended to confirm that the 20 per c

IMF fiscal reform delays 'may jeopardise recovery'

By NEIL HARTNELL Tribune Business Editor A failure to rapidly implement tax reforms "could jeopardise a sustained recovery" in the Bahamas, the International Monetary Fund (IMF) warning the Government's plans were "not sufficient" to reverse a rising $4.

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Government's watchdog 'robbed' of independence

By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is suspected, a Public Accounts Committee report noti

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Government's watchdog 'robbed' of independence

Government's watchdog 'robbed' of independence By NEIL HARTNELL Tribune Business Editor The Auditor-General is being "robbed of administrative independence" because he cannot initiate prosecutions where corruption and fraud involving public monies is su

'POSSIBLE FRAUD' ON $600 -$700K OVERPAYMENTS

By NEIL HARTNELL Tribune Business Editor "Possible fraud" and collusion resulted in $600,000-$700,000 overpayments to contractors working on a $33.5 million landfill project part-funded by the Government, the Auditor-General disclosing that he had recomm

Scotiabank, brokers putting group policy concerns 'behind us'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) and the Bahamas Insurance Brokers Association (BIBA) are close to completely resolving all concerns over the former's group homeowners insurance policy, Tribune Business was told yesterday, bo

CREDIT BUREAU TO CURB 'FINANCIAL IRRESPONSIBILITY'

By NEIL HARTNELL Tribune Business Editor Bahamian commercial banks are looking towards the creation of a credit bureau to help curb "financial irresponsibility" in society, believing it could deter mortgage borrowers from defaulting on their home loans i

BEC fuel charge up 37% year-over-year

By NEIL HARTNELL Tribune Business Editor The Bahamas Electricity Corporation's (BEC) fuel charge increased by 37.1 per cent year-over-year for January 2012, as both the Central Bank of the Bahamas and private/public sector leaders warned that rising glob

FDI fails to match $804m oil imports

By NEIL HARTNELL Tribune Business Editor A well-known former banker yesterday expressed concern over how the more than $800 million spent on oil imports in 2011 had depleted the Bahamas' foreign exchange reserves, arguing that foreign direct investment (

Scotiabank, brokers putting group policy concerns 'behind us'

By NEIL HARTNELL Tribune Business Editor Scotiabank (Bahamas) and the Bahamas Insurance Brokers Association (BIBA) are close to completely resolving all concerns over the former's group homeowners insurance policy, Tribune Business was told yesterday, bo

Govt urged to clarify $1m residency threshold

The Government was last night urged to clarify whether the new $1 million investment threshold for accelerated permanent residency consideration represented an increase or decrease from the previous benchmark.

Aquapure fears water shortage over duty woes

Aquapure fears water shortage over duty woes Sub-Deck: * Concerned sums previously paid lost to potential 'scam' By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-rela

AQUAPURE FEARS WATER SHORTAGE OVER DUTY WOES

By NEIL HARTNELL Tribune Business Editor A leading bottled water manufacturer is questioning whether it fell victim to an import duty-related scam, as it raced against time yesterday afternoon to clear imported machine parts vital to prevent it from runn