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Union tensions rising on Xmas bonus cuts
A trade union leader yesterday blasted that it was "pure disrespect" for employers not to consult over cutting contractually-agreed Christmas bonuses as industrial tensions continued to rise.
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Accusations fly over AG’s Sandals move
Trade union allegations that the Attorney General “misled” the Bahamian people over the Sandals ‘nolle prosequi’ were yesterday met with counter-claims that the criminal prosecution was intended as a mere “bargaining chip”.
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KFC's union cancellation historic first
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net The minister of labour yesterday said Kentucky Fried Chicken's (Nassau) move to cancel its 'voluntary recognition' of a trade union's 'bargaining agent' status marked the first time
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'Sliding scale' VAT break on post-Dorian property sales
VAT breaks on real estate sales in Dorian-devastated Abaco and Grand Bahama will be based on a sliding scale that is capped at 50 percent of the total tax due, a senior official said yesterday. Gaynell Rolle, acting controller at the Department of I
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Broadcaster signs new five-year-deal with union
THE Broadcasting Corporation of the Bahamas and the Bahamas Communications and Public Officers Union signed a five-year collective bargaining agreement for the employees of the corporation on Friday.
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Unions: Central Bank pensions in jeopardy
TRADE UNIONS yesterday accused the Central Bank of breaking their collective bargaining agreement (CBA) and placing the employee pension plan in jeopardy, alleging that changes to the latter had cost some employees up to $30,000 annually.
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Teacher deal done despite Wilson dispute
THE government yesterday signed a five-year industrial agreement with the Bahamas Union of Teachers (BUT) as Education Minister Jerome Fitzgerald denied that recent disputes between union executives and embattled President Belinda Wilson hampered the process.
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THE RETURN OF VALUE STOCKS
ActivTrades
SEASONED stock market investors tend to divide shares in two main categories: Momentum and Value. The latter fits into the traditional philosophy of trading by acquiring stocks that are cheap but nevertheless have the potential to outperform more glamorous (and pricier) ones - something akin to bargain hunting. (Interestingly, data analysis shows that historically cheap stocks tend to perform better than pricier ones in the long run.)
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Union seeking industrial agreement with BTVI
AFTER being recognised as the bargaining agent for Bahamas Technical and Vocational Institute, the Union of Tertiary Educators of The Bahamas is looking forward to soon signing an industrial agreement with the institution.
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Gaming Board’s redundancy fail ‘mind boggling’ - judge
A Supreme Court judge has slammed the Gaming Board’s failure to follow “clearly set out” employment law procedures when it dismissed 24 staff as “mind boggling”.
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BAIC chief says union rejected ‘olive branch’
THE Bahamas Agricultural and Industrial Corporation’s (BAIC) general manager last night accused the trade union representing its line staff of rejecting “the olive branch” he offered upon taking office.
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Let's be realistic
By Mike Lightbourn WHILE many areas of the Bahamas are experiencing what we might call a "buyer's market", you need to exercise caution when making offers below asking prices. Bargaining is an art, and the last thing you want to do is insult a seller by
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Let's be realistic
By Mike Lightbourn WHILE many areas of the Bahamas are experiencing what we might call a "buyer's market", you need to exercise caution when making offers below asking prices. Bargaining is an art, and the last thing you want to do is insult a seller by
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Union threatens to 'shut down' Cable Bahamas amid dispute
THE president of the Bahamas Communications and Public Officers Union (BCPOU) said yesterday that Cable Bahamas Limited has 30 days to enter negotiations “in good faith” with the organisation or risk being “shut down” for the company’s failure to “discuss and conclude” a collective bargaining agreement (CBA) tabled more than ten years ago.
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Give up pension ‘bargain’ to save future generations
Bahamians must give up the “bargain” of their generous National Insurance Board (NIB) pension to prevent “future generations” facing an unsustainable financial burden, it was revealed yesterday, as “the day of reckoning” arrived.
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‘Double edged sword’
Royal Caribbean’s Paradise Island plans are “a double edged sword” that could improve The Bahamas’ tourism product yet “hurt” Bay Street and local entrepreneurs, it was argued yesterday.
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Gov't told: 'Live up to your end of the fiscal bargain'
The private sector has contacted an international organisation that works to make governments more accountable for help in achieving the same in the Bahamas, as it told the Christie administration: “Live up to your end of the bargain”.
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Sentence delay in plea bargain case
A FORMER Scotiabank loans officer who admitted his involvement in the theft of $1.3 million from the bank appeared in Supreme Court yesterday expecting to be sentenced to a year in prison in accordance with his plea bargain agreement.
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PM denies union’s Cable pre-election pledge fears
A trade union leader yesterday voiced doubts that the Prime Minister will live up “a pre-election commitment” to bring BISX-listed Cable Bahamas to the negotiating table.
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China Construction opposes US filing
CHINA Construction America (CCA) called for an American judge to dismiss Baha Mar’s Chapter 11 case in a motion filed in a Delaware bankruptcy court yesterday, claiming Baha Mar was not qualified to take such action under the US bankruptcy code and did so in bad faith to gain bargaining power during negotiations with relevant parties.
