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Labour ‘limits employer tricks’

A top official yesterday said the Department of Labour had “significantly limited the tricks” used by employers to deny Bahamians jobs in preference to foreigners, slamming some tourism and financial services work permit applications as “ridiculous”.

Cable readies $30m pref share offering

Cable Bahamas is again preparing to tap the Bahamian capital markets for a further $30 million in preference share financing, which will help fund the roll-out of this nation’s second mobile provider.

BOB non-compliant with 80% of regulatory ratios

Bank of the Bahamas shareholders are being asked to “throw good money after bad”, with the BISX-listed institution now non-compliant with four out of five key Central Bank capital ratios.

‘Very credible’ Freeport city manager emerges

A “very credible” candidate to take over Freeport’s management is said to have met with both government and Grand Bahama Port Authority (GBPA) ownership as the idea of the latter devolving its quasi-governmental powers gains traction.

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Speaker’s anger at NEMA boss’ response

HOUSE Speaker Patricia Deveaux sharply rebuked National Emergency Management Agency director Captain Stephen Russell yesterday, telling him “you need a 9 to 5 job” and suggesting he did not have the same vision as the government to advance the country.

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‘Don’t waste billions’ on Andros as capital

A Freeport-based QC yesterday urged the government to “pull the trigger” on making his city The Bahamas’ future capital rather than waste “billions and billions” on moving it to Andros.

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Ten Red-line Athletics members CARIFTA ready

AS one of the top local track clubs in the country, the coaching staff of the Red-Line Athletics is quite pleased with the 10 members selected to represent the Bahamas on the 80-member team for the Oaktree Medical Center’s 50th CARIFTA Games.

$250m cruise port: ‘We’ll help Long Island flourish’

The proposed $250m Long Island cruise port will handle up to 12,000 persons daily at full build-out, one of its principals revealed yesterday, adding: “Our goal is to help Long Island flourish.”

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Fair share: Hotel rental unit tax not in effect yet

A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.

Bahamas ‘nears a socialist state’

The Bahamas “is becoming a socialist state”, an outspoken FNM candidate said yesterday, blasting the Government’s decision to move ahead with controversial labour law reforms as “madness”.

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Bahamas 'underestimated' cruise visitors spending

The Bahamas may have “underestimated” cruise passenger spend in Nassau and Freeport, a Cabinet Minister admitted yesterday, following reports of a 59 percent increase since 2015.

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Ministry happy with coral farm progress post-Dorian

AGRICULTURE and Marine Resources Minister Michael Pintard toured Coral Vita’s land-based coral farm in Grand Bahama on Friday as his ministry moves to begin its Coral Restoration/Climate Action Project.

Oil exploration fears for 'eco centric mecca'

An Andros bonefishing lodge's co-owner has voice alarm that that "the eco-centric mecca" of The Bahamas could be irreparably harmed if oil exploration plans go awry.

Flowers: 'We grew up, not just as friends, but as family'

BUSINESSMAN and golfer Craig Flowers has called this one of the most difficult periods of his life, having lost his childhood friend and sporting legend Prince ‘Zorro’ Stubbs on Christmas Eve.Stubbs, 80, died at the Princess Margaret Hospital as a re

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Flowers: I’m not firing staff

CRAIG Flowers says he has gone against the grain in opting not to lay off employees because it is not known if his company – FML Group of Companies - will suffer loss due to increased government taxes, which includes a five percent stamp tax on patrons.

DIANE PHILLIPS: The finest line of all – the last breath

AN old friend died this week. His death was not the saddest part of the story, the end of his life was.

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INSIGHT: Don’t panic - it’s time to think of others, not just ourselves

AS the nation has watched the coronavirus, also known as COVID-19, go from a “foreign virus” that spread through Wuhan, China, with epic speed, inch closer and closer to our shores, it has been unsettling to see it reach 118 countries to date. No doubt, any nation still reeling from the disastrous impact of Hurricane Dorian would have citizens gripped by fear.

Oil explorer shrugs off end to ‘exclusive’ talks

A Bahamas-based oil explorer yesterday said it was now locked in joint venture talks with “multiple parties” after a “major global oil company” ended their exclusive negotiations.

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200 jobs with new Grand Bahama medical school

A HEADS of Agreement was signed yesterday by the government for a new medical school in Freeport to be built in phases at an overall investment of $64.2 million over a 10-year period.

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‘Right church, wrong pew’ over second GB marina

A Grand Bahama investor yesterday said he has yet to receive a satisfactory offer for his second marina asset, revealing: “They’re in the right church, but sat in the wrong pew.”