All results / Stories

Are private pension funds sustainable?

As the debates had been about the lack of funds for Bahamians at the National Insurance Board and it is obvious it will run out because the lack of businesses paying employees funds at the National Insurance Board.

Tease photo

Davis: Minnis mismanaged handling of pandemic

PROGRESSIVE Liberal Party Leader Philip “Brave” Davis accused Prime Minister Dr Hubert Minnis of mismanaging the COVID-19 crisis.

Tease photo

Disaster Reconstruction Authority set for forensic audit after 'gross incompetence'

DISASTER Reconstruction Authority Executive Chairman Alex Storr said UHY Bain & Associates, an accounting firm, will forensically audit the authority after an operational review found many signs of mismanagement.

Tease photo

Thompson: Economic performance improved from July to September

EAST Grand Bahama MP Kwasi Thompson is adamant that the former Minnis administration’s policies were working, pointing to increased revenues between July to September.

Tease photo

‘WHY DIDN’T GOVT ACT ON BPL’S OIL?': Pintard demands why securing cheap supply was not carried out

OPPOSITION Leader Michael Pintard is “deeply concerned” that Bahamas Power and Light is considering a cost increase for consumers, insisting yesterday that at the heart of the issue is the manner in which the government has “mismanaged” the power provider to date.

Tease photo

Baha Mar builder seeks Bahamian judicial assistance

Baha Mar’s main contractor has launched its own bid to secure Bahamian judicial assistance in a bid to unearth evidence that will support its counter-claims against former owner Sarkis Izmirlian.

A mismanaged opportunity

The conclusion of Dr Minnis’ term as prime minister of the Commonwealth of the Bahamas came on September 16, 2021.

Tease photo

‘More investigations’ after visa audit

AFTER an Auditor General’s report into the Travel Health Visa programme found that contracts were not executed in accordance with the law, Prime Minister Philip “Brave” Davis said further investigations on those findings will continue.

Zimbabwe fears

It's extremely disheartening to keep on witnessing negative sentiments and lack of concerns by the Zimbabwean government about citizens who are continuously leaving Zimbabwe in search of better economic conditions in other foreign countries, particularly South Africa.

Tease photo

Mitchell criticises Minnis for dancing at political rallies

THE Progressive Liberal Party has criticised Prime Minister Dr Hubert Minnis for “dancing on stage” at recent political rallies as the COVID-19 death toll continues to climb.

Debt, debt and debt

A past writer was spot on when he wrote and estimated that BPL’s bad accounts had to exceed $100m.

Tease photo

PHA launches inquiry after reports alleging mistreatment of patients

IN the wake of news reports about alleged mistreatment of patients at Princess Margaret Hospital’s Maternity Ward, the Public Hospitals Authority issued a statement saying it has initiated an internal inquiry to identify any deficiencies in care.

Tease photo

INSIGHT: The same old blame game over government business

THE row over contracts at the Disaster Reconstruction Authority is exactly the kind of depressing finger-pointing that leaves so many people disillusioned with politics in The Bahamas.

Tease photo

Concern over $80k annual lease for unused DRA office space

PIA Glover, State Minister for Public Services, expressed concerns about a non-executed lease of over $80,000 a year for office space for the Disaster Reconstruction Authority in Grand Bahama.

Two staff fired at DRA

DISASTER Reconstruction Authority executive chairman Alex Storr confirmed yesterday that two employees were terminated this week at the DRA office in Grand Bahama.

House dispute erupts over controversial water plant

A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.

House dispute erupts over controversial water plant

A dispute erupted in the House of Assembly yesterday over a troubled New Providence wastewater treatment plant that the new administration is pledging to finish “in the shortest possible time”.

Tease photo

The Fed’s latest conundrum

ActivTrades

OVER the last six months, inflation fears have focused the attention of policymakers, economic agents and investors. Central banks have tilted towards a more hawkish stance, while headline-grabbing rises in the cost of living came to dominate the media narrative. In the markets, dynamics shifted dramatically. Risk appetite evaporated, stocks tumbled and bonds were sold.

EDITORIAL: Showdown ahead for Minnis and Davis

SECONDS out, it’s time for the battle between former Prime Minister Dr Hubert Minnis and his successor, Philip “Brave” Davis.

Tease photo

Small home repair scheme to start next month

DISASTER Reconstruction Authority executive chairman Alex Storr said officials plan to start the first phase of the Small Home Repair Programme by early next month.