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Franklyn Wilson

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'Crème de la crème' over Cayman deal

A Bahamian insurer is poised to become a “crème de la crème” operator, its chairman argued yesterday, after teaming with a Caribbean partner to pull-off a Cayman Islands acquisition.Sir Franklyn Wilson told Tribune Business that RoyalStar Assurance’s

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Bahamas left facing 'God awful situation'

A prominent Bahamian businessman yesterday urged the government not to implement an overly-huge economic stimulus package or open the economy too soon in the battle against COVID-19. Sir Franklyn Wilson told Tribune Business that The Bahamas simply

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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

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Insurer's Caribbean expansion is 'very much on burner'

RoyalStar Assurance’s chairman says Caribbean expansion remains “very much on the burner” as a means to address diversification concerns voiced by an international rating agency.Sir Franklyn Wilson told Tribune Business that the Bahamian property and

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BTC to have Bahamian majority at board level

PROVISIONS have been mutually agreed upon between Cable and Wireless and the Government to ensure that Bahamians are at all times the majority on BTC’s board of directors.

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Webshops may help self-police

WEBSHOP operators have been called upon to help “self-police” the industry once they are legalised, leading businessman Franklyn Wilson said yesterday.

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Gov't and banks 'must break' salary deduction cycle

The Government must reduce the 70 per cent proportion of its payroll that goes towards salary deductions, a leading businessman yesterday warning it was causing a “remarkable contraction” in consumer spending and the wider economy.

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FOCOL: Deal structure prevented any Esso bid

FOCOL Holdings yesterday said it decided not to bid for Esso (Bahamas) because the deal’s multi-territory structure was “not consistent with our business model”.

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