Lucayan repair bill 'significantly lower' at $35m
The Government’s $35m Grand Lucayan repair bill is “significantly less” than initially feared, Tribune Business can reveal.Preliminary engineering estimates, conducted last week, found that roof repairs were the biggest issue for Freeport’s sole mega
Resort condo's 1,200 jobs to be '100% Bahamian'
The $2.8bn West End revival will be “complemented” by an adjacent resort condo project that aims to make its 1,200 construction and full-time jobs “100 percent Bahamian”.John MacDonald, principal of Grande Harbour at Old Bahama Bay, told Tribune Busi
'Brick and mortar' banks becoming less cost viable
Digital banking will drive a “natural” consolidation of commercial banks’ branch networks, the Clearing Banks Association’s (CBA) chairman warning that “brick and mortar” is becoming less viable.Gowon Bowe, pictured, told Tribune Business: “Ultimatel
Crypto advocates call for 'friendly' regulation
A Bahamian cryptocurrency advocate yesterday called for a friendly regulatory regime that would encourage Bahamian entrepreneurs to bring technology-driven solutions to market. Wayne Johnson, a corporate manager for the Zucaz Group, told Tribune Busi
'Tap in' to youth for economic success
THE Bahamas must “tap in” to the potential of its youth, a governance reformer said yesterday, with economic success “hinging” on its capacity to develop a viable workforce. Matthew Aubry, executive director for the Organisation for Responsible Gover
DPM urges GB firms to expand to nassau
The Deputy Prime Minister yesterday urged Grand Bahama businesses to consider Nassau expansion rather than just confine themselves to their home island. KP Turnquest, pictured, made his call while delivering the keynote address at the official openin
Bahamas institution names Cayman head
Sterling Global Financial, the Bahamian financial institution, has named Cory Macculloch as its managing director of its Cayman Islands operation.Mr Macculloch, pictured, will manage Sterling’s fiduciary business, and look to strategically expand its
Private island's manager bakes trail for Bahamians
The Bahamian manager of Royal Caribbean Cruise Lines’ CocoCay private island is celebrating 15 years with the company, having ascended to its top onshore position in this nation.Ginea Wilson, who holds a master’s degree in hospitality management, ove
customers to be able to compare banks
BAHAMAS Clearing Banks Association Chairman Gowon Bowe yesterday said within the next month or two, consumers should have a clearer indication of various banking fees and be able to compare across the board.He further explained why certain banks eith
09122018 EDITION
Wednesday, 12th September, 2018.
Hospital administrator put on leave after memo row
AS Princess Margaret Hospital grapples with an ongoing “crisis” in its dialysis unit, PMH administrator Mary Lightbourne-Walker has been placed on administrative leave after the hospital faced fierce backlash over a leaked internal memo proposing a n
URCA loses power in radio case
THE attorney general has stripped the Utilities Regulation and Competition Authority of the responsibility to continue criminal proceedings against ZSR Sports Radio’s operator for allegedly operating without a licence, it was revealed yesterday.
‘Oban 2’ still not agreed
THE government is still in good faith talks with the principals of Oban Energies over a proposed oil refinery in Grand Bahama and such discussions will continue until the Heads of Agreement can be amended to the satisfaction of the Minnis administration.
Union boss ‘way off’ on blaze bill
BAHAMAS Power and Light CEO Whitney Heastie last night dismissed claims recent fires at the company’s Clifton Pier Plant could cost the energy provider as much as $150m.
Marine’s killer given 27 years behind bars
A FORMER wanted suspect has been sentenced to nearly 30 years in prison for fatally shooting a Royal Bahamas Defence Force marine at a nightclub three years ago.
Banks backing down on fees
SOME local clearing banks have agreed to lower various banking administrative fees and consider changes to cheque cashing procedures following discussions with the government and other officials, Labour Minister Dion Foulkes said yesterday.
Use a cattle prod . . .
Re: STUDENT’S BEATING: POLICE TO INVESTIGATE.
Disclosures delay 'a sign of FNM failures'
THE Minnis administration’s slow pace in the prosecution of those three persons who failed to meet the March 31 public disclosures deadline, is in line with the government’s common practice of deceiving the voting public, claimed Progressive Liberal
Reassurance for staff in Grand Lucayan deal
AS the handover process for the Grand Lucayan entered a new stage yesterday, government officials assured staff that their employment will be protected.“Further information will be provided and a full statement will be given by the prime minister in
