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Retailer’s $10m spend creates up to 70 job
A Bahamian retailer yesterday said its $10m eastern New Providence investment, which has created 60-70 jobs, attracted more consumer traffic than expected during Saturday’s opening.
Rahming hits back on ‘victimisation’ charge
STATE Minister for Social Services and Urban Development Lisa Rahming has strongly denied allegations that she verbally abused and carried out acts of political victimisation against employees at the social agency, insisting “that’s not who I am”.
Sebas raises $19m for e-commerce purchase
Sebas Bastian raised nearly $19m from investors to finance the acquisition of an e-commerce platform that he yesterday said will become an “Amazon like” presence in The Bahamas and region.
Gov’ts 3% growth target below UoB ‘health’ goal
A Cabinet minister yesterday said the Government is targeting a five-year average growth rate that falls short of that recommended to restore The Bahamas to economic and fiscal “health”.
Promotions suspended? Not for some at WSC
ALTHOUGH the Davis administration initially said it would suspend staff promotions given under the previous government, the incoming Water and Sewerage chairman has admitted promotions have been recently given to certain staff.
IMF: 12% VAT rate ‘lowest in Caribbean’
The Bahamas’ soon-to-be-repealed 12 percent VAT rate was branded “the lowest in the Caribbean” by the International Monetary Fund (IMF) in its much-debated report to the Government.
PETER YOUNG: Stay calm and carry on - but plans may have to change
HERE we go again. That is likely to be the tired and irritated reaction of most people in the UK in the face of new restrictions after the recent discovery in South Africa of Omicron, the name given to a new strain of COVID-19.
Minnis: Give PI investor ‘all the help’ necessary
The former prime minister urged his investments chief to give a Bahamian entrepreneur “all the assistance necessary” to ensure his success only to snub him 12 months later for Royal Caribbean.
New Ginn bid targets ‘wonder of the world’
A new contender to acquire the former Ginn sur mer project is aiming to construct a 28-storey “iconic tower” modelled on Alexandria’s ancient lighthouse as its focal point if the deal proceeds.
FACE TO FACE: Two women with a vision to help businesses grow
Regina Smith and Kentisha Ward have a vision. They see a future where Bahamians become more self-sufficient and create a nation of producers. They have a dream of reducing hunger by transforming food waste into value added products. They envision reducing the national debt by increasing national exports. Most importantly, they have a vision of food sustainability through entrepreneurship.
