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FML chief makes call for renewables switch

A web shop principal yesterday argued that The Bahamas must do more to capitalise on its renewable energy sources as companies brace for up to 163 percent increases in Bahamas Power & Light's (BPL) fuel charge this summer.

Abaco Chamber warning on work permit breaches

Abaco's Chamber of Commerce has issued a fact sheet to the island's employers to address the "huge issue" of work permit and labour law violations.

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05152023 HOME BUYER'S GUIDE

Monday, 15th May, 2023.

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PM calls for support for Bridgetown finance plan

PRIME Minister Philip “Brave” Davis said it is morally imperative that Caribbean and Latin American countries support the Bridgetown Initiative, a global climate finance plan.

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Crackdown on tax cheats 'most co-ordinated' ever

The Government is launching its "most co-ordinated effort" ever to crackdown on tax cheats with its success in collecting hundreds of millions in outstanding revenue critical to avoiding "increased tax rates".

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Ombudsman Bill ‘can’t pass and sit’

Governance reformers yesterday said the Attorney General's ability to restrict the powers of the proposed ombudsman is "too vague" and should be reformed as they urged Bahamians to ensure this is not a Bill that "passes and sits".

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FTX Bahamas charges US broke 'every single' pledge

FTX's Bahamian liquidators have accused their US adversaries of "breaching every single" co-operation pledge in just four short months as they urged the Supreme Court to "sort it out" with Delaware.

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Gov'ts support for BPL jumps $110m

Government loans to state-owned enterprises (SOEs) and agencies near-tripled during the first nine months of the current fiscal year to enable Bahamas Power & Light (BPL) to pay off its fuel bill arrears.

50 years on - and where are we?

Re: 50 Years of Independent Bahamas

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Super-Conference Weekend: Bahamian athletes take spotlight

IT was called Super-Conference weekend and a number of Bahamians shined for the various collegiate track and field championships held around the United States.

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Roderick A. Simms: Public service reform key to a sustainable Bahamas

The history of the public service in The Bahamas can be traced back to the late 19th century when the islands were a British colony.

Fiscal year finish is ‘critical platform’ for 78% deficit cut

The Ministry of Finance's top official yesterday said the Government's financial performance over the next two months is "critical" to setting the foundation for a 2023-2024 fiscal year in which the deficit is forecast to be cut by 78 percent.

Crowdfund platform set to address pledge difference

The ArawakX crowdfunding platform is upgrading its website to address the difference between what is pledged by investors and the actual amount a company raises from an offering.

Promotion Board in 67% website visitor increase

The Nassau Paradise Island Promotion Board's (NPIPB) chief executive says there has been a 67 percent year-over-year jump in visitor traffic to its website as it works to convert this increase into actual visitors.

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DEREK SMITH: ‘Peace of mind’ on data security

Individuals, companies and governments alike are increasingly concerned about data security and privacy as the digital landscape continues to expand.

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Raise the lid

ActivTrades

The US federal government's debt ceiling has been reached and the clock is once again ticking. A default is imminent. International Monetary Fund (IMF) spokeswoman, Julie Kozack, fears "very serious" consequences for the global economy. The stock market is already getting nervous. The markets were down for the last two trading days of the week.

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Lawyer claims gun found in Azario Major's car had safety on

A LAWYER representing the family of Azario Major claims a gun found in Major’s car had its safety on before he received 41 gunshot wounds when he was shot at by police outside Woody’s Bar on Fire Trail Road.

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ONE ELEUTHERA FOUNDATION: Unlocking the power of corporate social responsibility

IN today’s interconnected world, companies are increasingly expected to be socially responsible and accountable for how their practices impact society and the environment. Corporate Social Responsibility (CSR) refers to the concept that a business is responsible for more than just creating value and wealth for shareholders but should also seek to benefit the broader community in which it exists.

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BISX-listed firm ‘resolves’ qualified audit fear woes

A BISX-listed firm last pledged it has "resolved" technology woes that forced it to seek more time to publish its 2022 financial statements and prevent a 'qualified' audit opinion for a second consecutive year.

$10m PI restaurant to create 120 local jobs

A $10m restaurant investment that is aiming to create 120 Bahamian jobs by spring 2024 yesterday broke ground at Paradise Island's redeveloped Hurricane Hole location.