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GOVT LIKELY TO SELL 40% PORT EQUITY STAKE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net PRIME Minister Hubert Ingraham yesterday said he expects the Government to eventually sell its 40 per cent stake in Arawak Cay Port Development Company (APD), allowing the Nassau Co

CITY MARKETS NAME 'SHOULD HAVE DIED'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam

INFRASTRUCTURE NOT LINKED TO THE ECONOMY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk

INFRASTRUCTURE NOT LINKED TO THE ECONOMY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk

INFRASTRUCTURE NOT LINKED TO THE ECONOMY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk

INFRASTRUCTURE NOT LINKED TO THE ECONOMY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk

INFRASTRUCTURE NOT LINKED TO THE ECONOMY

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas traditionally has not made the connection between public infrastructure investment and increased economic activity, Progressive Liberal Party (PLP) Senator, Michael Halk

CITY MARKETS NAME 'SHOULD HAVE DIED'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE City Markets name was what ultimately caused the struggling supermarket chain to fail to recover, a rival food retailer believes, telling Tribune Business that the Finlayson fam

A Cabinet minister yesterday moved a parliamentary motion to create a select committee that will probe the the Bahamas Telecommunications Company’s (BTC) 2011 privatisation. 

A Cabinet minister yesterday moved a parliamentary motion to create a select committee that will probe the the Bahamas Telecommunications Company’s (BTC) 2011 privatisation. 

Union: City Markets behind over payroll

Union: City Markets behind over payroll By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE union representing City Markets workers has said it would welcome the sale of the struggling food store chain if it meant saving jobs, o

Ex-Burns House chief heads Sports Authority

Ex-Burns House chief heads Sports Authority By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Bahamas is set to capture a 'significant portion' of the multi-billion dollar global sports tourism industry with the opening of the

$25M PROJECT FIGHTING SALES 'SLUMP OFF'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE lead developer of Lyford Hills told Tribune Business yesterday that sales of the 126 Phase I lots had "slumped" during the 2011 second half despite a promising start, with some

AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis

AUTO PARTS FIRM EYES $1.2M FREEPORT MOVE

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net AN Abaco businessman yesterday revealed he plans to invest between $1-$1.2 million in expanding his auto parts business to Freeport, telling Tribune Business it would become the dis

$10m Port IPO oversubscribed before public sector advance

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE $10 million Arawak Cay Port Development (APD) initial public offering (IPO) was already oversubscribed prior to the Government offering an interest-free salary advance for civil

PORT IPO HOLDING $1,150 MAXIMUM

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net MORE than 95 per cent of share subscriptions in the Arawak Port Development Company's (APD) $10 million initial public offering (IPO) were from individual investors, with subscripti

Phil's: 'Enough to go around' in food retail

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THERE'S "enough to go around" in the food retail business for everyone to turn a profit, according to Phil Lightbourne, owner of the Gladstone Road-based food retailer/wholesaler Ph

Education reform first step in ‘skills gap’ fight

CURRICULUM reform in the school system should be the first step in tackling this nation’s ‘skills gap’, a veteran educator arguing that the education system must shift to a model that requires all students to meet a certain standard before they can obtain a high school diploma.

Water Corp's threat to roads contractor

Water Corp's threat to roads contractor By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Water and Sewerage Corporation (WSC) had threatened to remove Jose Cartellones Construcciones Civiles Company (JCCC), the main contracto

Fishermen: Gov't late on storm relief

Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.