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Sir Franklyn Wilson

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Distressed debt acquirer's unsecured loan expansion

A “bad mortgage” acquirer is aiming to further relieve distressed borrowers and their lenders by expanding into unsecured loan purchases, it was revealed yesterday.Sir Franklyn Wilson, whose group is one of the investors behind Gateway Financial, tol

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Sir Franklyn warns against forced BTC renationalisation

A leading businessman yesterday warned that a forced renationalisation of the Bahamas Telecommunications Company (BTC) will “do more harm than good” for this nation.Sir Franklyn Wilson, pictured, who led the Christie administration’s negotiations to

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‘Quality of life’ disconnect between gov’t and people

A prominent businessman yesterday said there was a disconnect between WTO-type policy decisions and how they “translate into an improved quality of life” for most Bahamians.

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RoyalStar targeting Caribbean acquisition

RoyalStar Assurance and its Trinidadian partner are targeting a Caribbean acquisition that is expected to close before year-end 2019 as part of a regional expansion strategy.

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FOCOL chair ‘can’t believe’ stock so low

FOCOL Holdings chairman yesterday revealed that its share buyback was launched because it “can’t believe” investors place so little value on a stock that consistently delivers healthy profits.

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Sir Franklyn’s fear on VAT refund ‘tardiness’

Sir Franklyn Wilson yesterday voiced fears about renewed “tardiness” relating to VAT refunds, warning that the issue “could shake” still-fragile business and investor confidence.

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Sir Franklyn: ‘High chance’ of new Atlantis ownership

Sir Franklyn Wilson says there is “a high possibility” that Atlantis may undergo a change in ownership in 2019, describing this as a “significant” investment boost for The Bahamas.

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KEEP YOUR HANDS OFF: Sir Frankie dealt blow over land ownership - but locals lose out too

Sir Franklyn Wilson, pictured, yesterday pledged that the Privy Council’s rejection of his development company’s claim to 2,086 acres “in no way changes our plans and commitment” to South Eleuthera.

Arawak Homes boss says two-decade battle with govt is major "injustice"

Arawak Homes’ chairman yesterday said the company’s two decade-plus battle with the Government over compulsorily acquired land epitomised the “injustice” suffered by thousands of Bahamians.

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'Madness': 90% of loan requests are consumer

The Bahamas' consumer loan "madness" is making sustainable economic development impossible, as more than nine out of every 10 credit applications fall into this category.

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