Local Business


Legal directory names GB law firm in top 50

A Grand Bahama-based law firm yesterday announced it has been named as one of the top 50 global firms by LegalComprehensive.com.“Nobody at our firm chose this profession to win awards or accolades. We’re all here to help people. However, when things

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'No abandonment' of joining the WTO

The government was yesterday said to have told private sector executives it has “not abandoned the policy of acceding” to full membership in the World Trade Organisation (WTO). Darron Pickstock, who heads the Chamber of Commerce’s trade and investme

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BPL crisis ‘torturous’ for key retail season

Back-to-School retailers face being stuck with excess inventory, and lost sales opportunities, as a result of Nassau’s energy crisis, the Chamber of Commerce’s top executive warned yesterday.

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BTC and unions 'in much better situation today'

The Bahamas Telecommunications Company’s (BTC) relationship with its two trade unions is “in a much more progressive place today” than it was a fortnight ago, its chief executive asserted yesterday. Garfield “Garry” Sinclair, speaking on the sidelin

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Sky employees 'must do what they have to do'

Sky Bahamas’ principal yesterday said the airline’s staff “have to do what they have to do”, with its near-two month grounding pushing him towards legal action against industry regulator. Captain Randy Butler told Tribune Business he would seek to b

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Cable 'faced dark future' without $333M US sale

Cable Bahamas was “staring a very dark future in the face” until it stunned the capital markets by revealing its $332.5m US exit, a prominent businessman said yesterday.Sir Franklyn Wilson, who first made public his concerns about the BISX-listed com

BTC chief: VSEP offer 'compelling'

THE Bahamas Telecommunications Company’s (BTC) chief executive yesterday said it has put a “compelling” voluntary separation offer on the table for staff wishing to exit the company. Garfield “Garry” Sinclair, its chief executive, speaking on the si

Bahamian Brewery expands in Nassau

The Bahamian Brewery and Beverage Company has moved to an expanded three-acre warehouse and office complex in Nassau’s Airport Industrial Park to serve its continued growth. The brewer and distributor of Sands Beer, and brands such as Bush Crack, Hi

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Cable hails $333m sale as capital market record

Cable Bahamas chief executive yesterday hailed the $332.5m sale of the company’s US interests as “the biggest single transaction” by any Bahamian publicly traded company. Franklyn Butler told Tribune Business that the “fantastic deal” involving Summ

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Public service unions three-year deal

Trade union leaders have insisted they will not be “made the scapegoats” if the government misses its 2019-2020 fiscal targets.

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Minimum wage not on agenda - it is now: $300 a week

Trade union leaders want a minimum wage increase to between $250-$300 per week, and are pushing for the issue to be formally discussed by the National Tripartite Council.

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BPL: Base rate cut 'genesis' of woes

BAHAMAS Power & Light’s (BPL) chairman has blamed the “genesis” of the utility’s present predicament on the first Christie administration’s decision to cut its base tariff rate.​

Bahamas must lay foundation for WTO

Agriculture, light manufacturing and entrepreneurship, both in the Family Islands and New Providence, are some of the key industries that will be impacted if The Bahamas completes the process of becoming a full World Trade Organisation (WTO) member.

Bahamian law firm in maritime award nod

A Bahamian law firm says it has been nominated as a finalist for excellence in the 2019 Lloyd’s List Americas Awards.They are part of the Lloyd’s List Excellence in Shipping Awards, the industry’s flagship awards programme that recognises and rewards

BPL in 'salvage' mode on parts

Bahamas Power & Light (BPL) has been forced to "salvage parts" for its aged generation fleet, its chief executive has revealed, adding that preventative maintenance has been almost impossible to perform.