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PLP hits back at claim it 'wished Bahamas ill'
The Progressive Liberal Party (PLP) yesterday blasted the deputy prime minister for accusing it of “wishing the ill of a credit rating downgrade on The Bahamas”. Senator Fred Mitchell, pictured , the Opposition party’s chairman, said in a statement
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Bahamas financial firms on opposite side of lawsuit
Two Bahamas-based financial services providers have become embroiled on opposite sides of a lawsuit relating to the alleged “gross mismanagement” of a former $100 million investment fund.
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Bran says: ‘No success in VAT’
The Democratic National Alliance’s (DNA) leader yesterday asserted that “there is no success in Value-Added Tax”, arguing that Bahamians were now “paying” for successive governments’ fiscal mismanagement.
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Call for an end to ‘bad habits, mismanagement’ of public funds
DEMOCRATIC National Alliance finance spokesperson Youri Kemp has taken issue with the current trajectory of the country’s economy, expressing doubt that current political and public administrative structures would allow for the necessary fiscal changes to be crafted and employed.
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A mismanaged opportunity
The conclusion of Dr Minnis’ term as prime minister of the Commonwealth of the Bahamas came on September 16, 2021.
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FTX payout probe urged as US trustee intervenes
FTX’s Bahamian provisional liquidators were yesterday urged to “thoroughly investigate” any payouts to local investors that violated the Supreme Court asset freeze as the US Justice Department moved to intervene in Delaware.
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Chipman asks if $200 fee to jump passport backlog is legal
SHADOW Minister of Foreign Affairs Hubert Chipman yesterday questioned the legal basis behind the government’s $200 fee for those needing new passports on an emergency basis within 48 hours.
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'Christie trying to distract' from poor record of PLP
DEPUTY Prime Minister K Peter Turnquest has dismissed former Prime Minister Perry Christie’s recent defence of the former government, saying the former Centreville MP was attempting to distract the country from his party’s “many unfortunate acts of lack of judgment”.
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Christie: Hold him to account
THE FNM government met a $400m deficit in place, despite former PLP Cabinet Minister Michael Halkitis’ rave review of the economy under his stewardship at the PLP convention earlier in the year.
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EDITORIAL: Lessons still to be learned as we take steps in the right direction
Amid claims the crisis in Venezuela has been caused by outside interference, the evidence suggests the reasons are homegrown. Dictatorship and rule by decree, political repression and economic mismanagement on a massive scale have resulted in the disaster of a failing state.
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Dancing while veteran abandoned
As reported in The Tribune November 10th “As Veterans Remembered, One Is Left In Rundown Home”.
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Who is the worst minister?
Who is the worst minister? IN this week's "A Young Man's View" column, Adrian Gibson begins his two-part review of the FNM's Cabinet, rating the five worst ministers who have served at some point in the last five years. Next week's column will feature hi
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Dingman: ‘Rampant theft’ caused restaurant failure
Jamie Dingman has blamed the collapse of his Nassau restaurant empire on “rampant theft and mismanagement”, and plans to call a former FNM Cabinet minister as a defence witness in his battle against a $1.113 million damages claim.
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Radio stations fear closures under URCA changes
THE Utilities Regulation and Competition Authority (URCA) has come under fire for its plans to “standardise” FM radio broadcasting, with industry insiders accusing the regulator of making the sector “pay” for the organisation’s “mismanagement”.
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Plant ‘not handled in people’s best interest’
A PROJECT vital to the Government meeting its Baha Mar obligations was “not handled in the Bahamian people’s best interests”, a former Water & Sewerage chairman admitted yesterday.
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How Bahamians’ taxes are mismanaged
WHILE in Beijing, China, last month to attend the first meeting of the Community of Latin America and Caribbean State Forum, Prime Minister Christie announced plans to request funds from China to refinance and restructure the Bahamas’ debt.
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FNM rejects 'hiding in the shadows' over nation's bills
THE FREE National Movement yesterday issued a scathing rebuke of the former Progressive Liberal Party administration as it rejected culpability for the recent downgrade threat by Moody’s credit rating agency.
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DEREK SMITH: Silicon Valley Bank’s failure shows risk management key
As a governance, risk and compliance professional, I must emphasise the importance of establishing a solid risk management framework to protect against possible catastrophic corporate failures. The current business environment is constantly evolving, and new risks are emerging. Therefore, adopting a robust risk management strategy is essential to protecting businesses from future uncertainties.
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PHA announces 24-hour hotline to report misconduct and abuse
THE Public Hospitals Authority has created a 24-hour hotline to report misconduct and abuse.
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Regarding the Olympics
It seems every time I open a newspaper or turn on the TV I hear some woeful tale of sad defeat from an athlete who failed to measure up to their own Gold metal standard at the Olympics.
