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Company waiting eight weeks for business licence
A former Cabinet minister has warned that entrepreneurs and small businesses are being “crippled” by bureaucratic inefficiencies, with one firm “now waiting eight weeks” to get a Business Licence.
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PM promises: 'I'll bulldoze red tape'
The prime minister yesterday promised the Bahamian financial services industry that he will “bulldoze bureaucratic roadblocks” impeding the ease of doing business in this nation following the COVID-19 crisis.Dr Hubert Minnis, pictured, addressing an
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MP: Client now in 10 week-wait for its Licence
A former Cabinet minister said yesterday that “no government” has done a good job in improving the Bahamas’ ‘ease of doing business’, arguing that the bureaucratic challenges “straight up to the Churchill Building”.
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PM urges ‘new paradigm’ on investment approvals
Prime Minister Perry Christie said yesterday that there must be “a new paradigm” when it comes to facilitating investment approvals and minimising bureaucratic obstacles, conceding that the wait time on central government decisions was a major challenge.
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Providers back competition rules move ‘with open arms’
THE move by utilities regulators to consolidate competition supervision with an increased focus on ‘after the fact’ investigations has been welcomed “with open arms” by operators.
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Top QC: Regulatory regime ‘weighted against business’
The Bahamas’ regulatory regime is “heavily weighted against business”, a prominent QC yesterday warning: “We can’t tax our way out of economic problems.”
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Grand Bahama pig farm being held up over bureaucratic process
THE developer behind a major pig farm project in Grand Bahama says it is being held up by bureaucratic licensing and registration.
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'Business as usual' hurt poverty battle
A $9.6m initiative to fight Bahamian poverty was undermined by the public sector’s “strict bureaucratic policies” that treated the effort as “business as usual”. The Inter-American Development Bank (IDB) report on efforts to reform The Bahamas’ soci
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Ex-Chamber chief: End ‘ridiculous bureaucracy’
A former Chamber of Commerce chairman says “ridiculous bureaucratic processes” must cease if the Bahamas is to encourage entrepreneurship, with small business development this nation’s “low hanging fruit”.
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Bureaucracy delays 200-job pig farm
A MAJOR pig farm project on Grand Bahama is still moving forward with more than $1 million already invested to-date, an executive telling Tribune Business that bureaucratic hold-ups had frustrated plans to create up to 200 direct jobs.
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'NAIL IN COFFIN' OF FREEPORT'S $70-$120M BOND ECONOMY
By NEIL HARTNELL Tribune Business Editor Bahamas Customs was yesterday accused of "putting another nail in the coffin of Freeport's" $70-$120 million bonded goods economy, a leading attorney describing the terms it was setting as a "bureaucratic perversi
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'NAIL IN COFFIN' OF FREEPORT'S $70-$120M BOND ECONOMY
By NEIL HARTNELL Tribune Business Editor Bahamas Customs was yesterday accused of "putting another nail in the coffin of Freeport's" $70-$120 million bonded goods economy, a leading attorney describing the terms it was setting as a "bureaucratic perversi
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'NAIL IN COFFIN' OF FREEPORT'S $70-$120M BOND ECONOMY
By NEIL HARTNELL Tribune Business Editor Bahamas Customs was yesterday accused of "putting another nail in the coffin of Freeport's" $70-$120 million bonded goods economy, a leading attorney describing the terms it was setting as a "bureaucratic perversi
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'NAIL IN COFFIN' OF FREEPORT'S $70-$120M BOND ECONOMY
By NEIL HARTNELL Tribune Business Editor Bahamas Customs was yesterday accused of "putting another nail in the coffin of Freeport's" $70-$120 million bonded goods economy, a leading attorney describing the terms it was setting as a "bureaucratic perversi
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‘Bureaucratic delays’ drive Doctors losses
Doctors Hospital’s chairman has blasted the “many bureaucratic obstacles” it has faced in obtaining approvals for its medical tourism initiatives, implying that this played a key role in driving a 190 per cent year-over increase in its net losses.
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Cutting red tape to new investors
The Bahamas must slash the time required to approve investment projects from “more than 60 days” to seven or less if it is to remain economically competitive and transform a “bureaucratic, onerous and antiquated” process.
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INSIGHT: Marchar Jean was her school’s star pupil - today she’s trapped by a nonsensical system which is a stain on our nation
Sadly, unnecessarily and illegally, the life of an innocent young Bahamian in waiting is in limbo!
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‘More latitude’ on lower value contract awards
Governance reformers say the proposed new procurement law grants “more latitude” to ministers and officials in approving higher value contracts that do not have to go before Cabinet.
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Governance reformers call for more transparency focus
Governance reformers yesterday urged the Government to improve The Bahamas’ anti-corruption standing by prioritising and speeding-up reforms to promote transparency after it was accused of “stalling” on several measures.
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Understanding the Price Control game
By RICK LOWE
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