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URCA independence fear over director terminations
CABLE Bahamas is urging the Government to reform the law so as to preserve the Utilities Regulation and Competition Authority’s (URCA) independence and reduce its costs.
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Skydive company told to stop advertising its jumps
A skydiving excursion provider has been warned by the Civil Aviation Authority of The Bahamas (CAAB) to not advertise any jumps until given further approval.
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EDITORIAL: We should take time to give thanks
FOR some, the weekend gone was all about giving thanks.
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Jobs and prices fear over electric costs
GROCERS may raise food prices and gas retailers are promising to lay off staff as some businesses see a 70 per cent increase in electricity costs this summer.
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Church owns 60 properties but ‘can’t pay’ $776k award
A Freeport church asserted it would be “totally compromised” if its bank deposits were seized to satisfy a $776,000 judgment despite owning a 60-strong, mortgage-free real estate portfolio.
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Bahamas joins tribunal case over climate change
The Bahamas has joined with other small island states from the Caribbean and the Pacific to launch a landmark case before the International Tribunal of the Law of the Sea (ITLOS) to seek protection of the world’s oceans against climate change and rising temperatures.
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Bahamas Professional Golf Tour season opens with a bang at Baha Mar
IT was an exciting start to the Bahamas Professional Golf Tour season when Riccardo Davis, founder of the tour, secured the victory at the BPGT Classic in September after some drama on hole 18 ensued between him and David Harris.
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$10b lawsuit by Mexico to hold gun makers accountable for weapon trafficking revived
A US appeals court on Monday revived a $10 billion lawsuit by Mexico seeking to hold American gun manufacturers responsible for facilitating the trafficking of weapons to drug cartels across the US-Mexico border, according to Reuters.
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IAN FERGUSON: Positive benefits from taking children to work
In some corporate cultures, including your children in business activities is quickly becoming a common practice. In fact, western culture has named a day - typically in November - as 'Take your child to work day'. The goal of this day is to give young people a better idea of what their parents do for a living.
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History of the RBPF: The Constabulary
IN 1845, just five years after its birth, The Bahamas Police Force (the “Force”) had its manpower reduced due to its high cost of £904 annually - which is equivalent to $541.06 in today’s currency. The Force did not have formal contracts for the first set of police officers, and they worked a 24-hour shift with a foot patrol system lasting more than a hundred years. Furthermore, records indicated a patrol system of two hours during the day, four hours during the night, and a break period at the station were equivalent to the hours on patrol.
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IAN FERGUSON: Broaden your horizons with conference travel
Post-COVID businesses are understanding now, more than ever, the power and impact of the shrinking corporate village.
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IAN FERGUSON: How you can procure improved cost savings
Every business providing goods and services must pay close attention to the sourcing of materials needed in the business process.
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‘Raise the bar’ call on permanent residency
A Bahamian realtor has renewed his call to raise the threshold above which foreign home buyers can qualify for permanent residency to $1m as part of a strategy to “take the strain” off raising taxes.
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RICK FOX: Bahamas and climate change at a crucial juncture
Half a century ago, the Bahamas took its first steps as an independent nation, vibrant with potential and promise. Today, however, we confront an existential crisis, brought on by global forces far beyond our control.
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IAN FERGUSON: How companies can get into the Christmas spirit
Christmas is finally and officially here. A time of joy, celebration, food and festivities. The most effective and successful companies are continually finding ways to give back through corporate social responsibility as well as spreading Christmas cheer to employees. This week’s column focuses on some last-minute suggestions for how small businesses can participate in the holiday spirit.
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IAN FERGUSON: Proper research vital to a competitive edge
In business, knowledge is power. The ability to make informed decisions is crucial for any company’s success and growth. To achieve this, businesses rely on research.
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Bahamas' financial services sector 'world class' ahead of FATF assessment
PRIME Minister Philip Davis trumpeted The Bahamas’ “world-class” financial services sector as the country prepares for another mutual evaluation assessment by the Financial Action Task Force (FATF) “on the horizon”.
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BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
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Private sector must play its part over education
Today marks the end of another school year. Most educational institutions in The Bahamas would likely describe it as a challenging but successful period. We know, and research bears this out, that quality education systems are those where students, parents, teachers and the administrative system work together in ensuring that no child is left behind.
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IAN FERGUSON: How to build capacity for a thriving business
Sustainability in this day and age refers to a company’s ability to consistently build capacity in its employees, processes and operations.
