Local Business

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BTC’s privatisation ‘a colossal failure’

The Bahamas Telecommunications Company’s (BTC) privatisation “has been a colossal failure”, a union leader blasted yesterday, adding: “Aliv’s eating our lunch with ease.” The Bahamas Telecommunications Company’s (BTC) privatisation “has been a colossal failure”, a union leader blasted yesterday, adding: “Aliv’s eating our lunch with ease.”

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Winter tourism fears on union ‘work-to-rule’

Unionised employees were yesterday placed on “work to rule” at most of Nassau’s major resorts in a move likely to raise fears for this week’s key Thanksgiving holiday weekend.

Auto industry wants ‘more horses in race’

The auto industry has held talks with the Government about adjusting the 25 percent duty threshold to enable more dealers to have “a horse in the race”, it was revealed yesterday.

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BTC hits ‘red line’ on client, value erosion

THE Bahamas Telecommunications Company’s (BTC) chief executive says the company has reached “the red line” on mobile subscriber loss and value, and is readying the fight back.

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Dingman hit by $863k award on eatery collapse

A Lyford Cay resident’s former business partners have obtained a collective $863,000 default judgment against him over the collapse of his Nassau restaurant empire.

Flight Services comes alive with $200,000 deal

ALIV and Nassau Flight Services (NFS) yesterday announced a four-year partnership that will give the airport ground services provider upgraded communications services.

BISX offers platform for $35.5m in trades

The collective value of BISX-listed equities fell by 4.82 percent during the nine months to end-September 2018, producing a similar decline to that witnessed on major global stock markets.

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Nassau water ‘shortage’ alert sounded from July

The Water & Sewerage Corporation’s main supplier was warning of “immediate shortages” that could have “significant ramifications” for Baha Mar and the Government as early as July 2018.

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Water Corp says supplier ignored $246m ‘good faith’

The Water & Sewerage Corporation’s $246m in “good faith” should have ensured its main water provider avoided making “simply unacceptable” warnings about potential supply disruption, its executive chairman said yesterday.

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Govt ‘won’t stand by’ on water supply threat

The Government “will not stand by” and allow Nassau’s water supply to be disrupted by debts owed to the Water & Sewerage Corporation’s main supplier, its executive chairman has pledged.

Young accountants reception

YOUNG accountants who recently completed their degree programme were welcomed into the profession by the ...