Local Business


Potter's Cay 'moves into 21st century' on card payment tie-up

Potter’s Cay Dock vendors are “moving into the 21st century” by partnering with Fidelity Bank (Bahamas) as part of efforts to “go cashless”.Wendi Constantine, president of the Bahamas Dock and Allied Venues Vendors Association (BDAVVA), told Tribune

More Bahamian ownership will deliver optimum returns

Ihave covered a lot in the past three years, ranging from development solutions for each inhabited Family Island to decentralisation of the Bahamian economy, advancing the National Development Plan (NDP) and even the COVID-19 pandemic’s impact on the

Exuma set for critical infrastructure upgrade

Exuma’s crumbling roads are on track for a much-needed upgrade after aging beyond their 15-year useful life span.David Cox, the Ministry of Works’ senior engineer for the Family Islands, said the condition of the island’s roads ranged from fair to po

Jitneys: Return to the road already a 'battle'

Jitney drivers say their return to the roads has already become a “battle” with their livelihoods “hanging on a thread” due to uncertainty over proposed fare increases. Harrison Moxey, the United Public Transportation Company’s (UPTC) president, told

Family Island tourism firms to reopen today

The Prime Minister’s Office has given permission for Family Island-based tourism attractions, excursions and tours to resume operations from today.It added that wearing face masks and the implementation of physical distancing protocols will be mandat

Court to supervise Cavalier's wind-up

Cavalier Construction’s liquidation was yesterday placed under Supreme Court supervision after the 64 year-old contractor’s insolvency was confirmed. Once one of The Bahamas’ largest and best-known contractors, its winding-up under judicial oversigh

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Bungled Netflix trade to cost Ansbacher $317k

Ansbacher (Bahamas) has been ordered to pay $317,000 in lost profits to a UK investor over a bungled Netflix share trade he claims cost him his townhouse.Justice Indra Charles, in a June 22, 2020, verdict, found that the financial services provider g

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Govt eyes SPV for agriculture funding

The government is eyeing the creation of a special purpose vehicle (SPV) that will raise and channel financing towards agriculture, a Cabinet minister said yesterday. Michael Pintard, minister for agriculture and marine resources, told Tribune Busin

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Bahamas First provides $65m boost to BISX

Bahamas First yesterday delivered a $65m boost to the Bahamas International Securities Exchange (BISX) by becoming the first general insurer to list on it.Patrick Ward, pictured, Bahamas First’s president and managing director, told Tribune Business

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'Why aren't we being put first?'

The Government’s decision to permit a major Abaco resort to bring in more than 100 Mexican construction workers was yesterday branded as “beyond egregious”.

Travel consultancy turns to Bahamian tours focus

A local travel consultancy yesterday said it was focusing on its “Bahamian Bucketlist” package of Family Island experiences for the remainder of 2020. True Love Travel, a boutique travel consultancy in the Bahamas, explained that it has launched its

Balancing the risks in COVID-19 reopening

With the opening of our international borders to visitors, many are bracing with bated breath for what might be a COVID-19 resurgence in The Bahamas. We have seen many countries re-open irresponsibly or prematurely, resulting in a disastrous onslaugh

Port Authority teams for improved IT skills

The Grand Bahama Port Authority (GBPA) has teamed with a local call centre to develop a workforce with skills required by the sector and wider technology industry.The partnership with itelbpo Smart Solutions is continuing to invest in human capital d

Tourism launches its mobile planning app

The Ministry of Tourism and Aviation has launched a mobile app, pictured, to help visitors with planning a visit to The Bahamas.In a statement, it said the app’s key features include downloadable island guides; flight charter request processing; and

BAMSI set to hold virtual graduation

The Bahamas Agriculture and Marine Science Institute (BAMSI) will today hold a virtual graduation ceremony for its 2020 class. Dr Raveenia Roberts-Hanna, BAMSI’s executive director and college head, said: “While the day will not be the same as our c