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Andros Chamber chief backs farming increase
The Central Andros Chamber of Commerce’s president says the island would welcome an increase in farmers with the eco-tourism industry it heavily depends on shuttered due to COVID-19. Tavares Thompson told Tribune Business: “As it stands now it is ju
WSC chief signs two contracts worth $2m
WATER and Sewerage Corporation Executive Chairman Adrian Gibson signed two groundbreaking contracts worth more than $2m last week to further the corporation’s work in Abaco following the devastation of Hurricane Dorian. Mr Gibson said the May 22 sig
Family Island residents get together to help each other
FAMILY Islanders have felt the economic pressure of COVID-19 since the borders initially closed in March—the start of the high tourism season.
BISX announces three new funds
THE Bahamas International Securities Exchange (BISX) announced that three new investment funds sponsored by Witherbotham Trust Company Ltd, along with one with sub-fund, have successfully completed the BISX mutual fund listing process and have been l
Minister optimistic on growing employment
A Cabinet minister yesterday said he is optimistic that more Bahamians are being recalled to work ahead of the furlough period’s December 13 end.
Murder toll lowest in nine years
THE country closed out 2018 with 91 reported murders, the fewest in nine years, according to The Tribune’s records.
Budget under the microscope
The Financial Voice forum will present a panel of experts tomorrow to examine and offer perspectives on key aspects of the 2019/2020 budget.
PM hails $250m hurricane hole
The prime minister has hailed Sterling Global Financial’s $250m Hurricane Hole project as a sign of continuing investor confidence in the “world-class destination” of The Bahamas.
PM hails $250m hurricane hole
The prime minister has hailed Sterling Global Financial's $250m Hurricane Hole project as a sign of continuing investor confidence in the "world-class destination" of The Bahamas.
PM falling apart at the seams
ARE reports true that Prime Minister Perry Christie told an audience that it is easy to “piss away” money?
New benefit programme suspended
THE Department of Social Services’ Conditional Cash Transfer project has been suspended for at least two months, The Tribune has learned.
Facing justice: Baby killing suspect appears in court
A 19-year-old man appeared teary-eyed after he was arraigned in a Magistrate's Court yesterday in connection with the killing of an eight-month-old baby boy and the hospitalisation of both of his parents following a tragic triple shooting incident earlier this week.
SCRAP METAL REGULATIONS PUBLICATION TO COME SOON
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AMENDMENTS to the Customs Management Bill which are expected to provide for oversight of the scrap metal industry, are expected to be gazetted soon, the Minister the Environment tol
New $6M marina to open off Bay Street
A NEW $6 million state-of-the-art marina is slated to open by mid-June in the heart of historic Nassau.
Tourists ‘would be able to buy lotto tickets’ if gambling is legalised
A regulated web-shop industry and the creation of a national lottery could become tourism attractions for the country and sources of revenue, according to Tourism Minister Obie Wilchcombe.
FNM chair: BFS IPO should be 25-30% stake
The FREE National Movement’s (FNM) chairman has criticised the Government for mandating that only a 15 per cent stake in Bahamas Food Services (BFS) be sold to the Bahamian public, telling Tribune Business any initial public offering (IPO) should involve at least 25-30 per cent of the company’s equity.
'Freedom of Information Act crucial to V.A.T. implementation'
THE passing of a Freedom of Information Act and a Fiscal Responsibility Act were important in establishing trust in New Zealand residents over their government’s efforts to implement Value Added Tax (VAT) and other fiscal reform initiatives, New Zealand VAT experts said.
$5m renovation for Ansbacher building to be used by judiciary
THE government signed a contract worth almost $5 million yesterday for the renovation of the Ansbacher Building.
Wilchcombe concerned over effects of tax on tourism
A NEWLY imposed processing fee which has sparked the threat of a major cut back from US airlines coming to the Bahamas is an implication that the economy cannot afford, according to Tourism Minister Obie Wilchcombe.
Tax rises put ‘nail in Out Island coffin twice’
NEW and increased Customs fees will have a “more dramatic” impact on Family Island retail businesses, a top private sector executive said yesterday, adding that already-high freight costs coupled with the new 1 per cent Customs processing fee was like “putting the nail in the coffin twice”.
