Minister: 'No free lunch' on tug boats
A Cabinet minister yesterday defended the imposition of a mandatory tug boat fee for cruise and commercial vessels using Nassau Harbour, saying: “There’s no such thing as a free lunch.”Frankie Campbell, pictured, minister of transport, told Tribune B
IMF urges 'bold action' on structural reforms before WTO
The Bahamas will not “reap the full benefits” of World Trade Organisation (WTO) membership unless it takes “bold action” to eliminate structural obstacles to growth, the IMF has warned.The Fund, in its latest Article IV report, warned that economic g
Responsibility Bill to take effect this Budget
The “enforcement elements” of the Fiscal Responsibility Bill will be incorporated into the 2018-2019 Budget, the Ministry of Finance’s top official has confirmed.Marlon Johnson, the acting financial secretary, told Tribune Business that the Governmen
Cable Bahamas inleadership change
Cable Bahamas is undergoing a leadership transition, with Anthony Butler set to retire as chief executive and be replaced by Bahamian businessman Franklyn Butler II.The BISX-listed communications provider, in advertisements set to be published today,
Hilton exposes hotel industry to students
The British Colonial Hilton has taken part in “Careers@Hilton Week”, the hotel chain’s annual event showcasing the many hospitality industry opportunities available for young job seekers.For the week of May 14, Hilton hotels and corporate offices aro
Central Bank unveils $2.7bn FDI 'pipeline'
The Central Bank is reporting a foreign direct investment (FDI) “pipeline” worth around $2.7bn excluding Baha Mar and other “headline” projects, the IMF has revealed.The International Monetary Fund (IMF), in its just-released Article IV report, said
Hotel union: Industrial agreement 'paramount'
Negotiating and registering a new industrial agreement was yesterday described as “paramount” for the hotel union’s new leadership, with elections now set for next Wednesday.Darren Woods, the Bahamas Hotel, Catering and Allied Workers Union’s (BHCAWU
GB consultation on WTO begins today
The Government will today begin a three-day World Trade Organisation (WTO) consultation with Grand Bahama’s private sector.Led by officers from the Ministry of Financial Services, Trade and Industry and Immigration, the consultations will take place
05152018 EDITION
Tuesday, 15th May, 2018.
FACE TO FACE: Climbing the corporate ladder then the light bulb went off . . .
Donavon Powell was on a clear path to success in America, making strides in the financial arena after successfully completing college. He had everything going for him and no reason at this point in his career to stop climbing the corporate ladder in the land of opportunity. But instead he chose to follow a calling and try and make a difference in the land of his birth. He came up with an idea that had the potential to make a positive impact in The Bahamas and give him a chance to return home and earn a living.
Half-day opening for post office
THE East Hill Street General Post Office will be operating on half-days until further notice.
Bethel insists govt broke no laws in Oban deal
THE Minnis administration has broken no laws with the Oban Energies project, Attorney General Carl Bethel stressed yesterday after another cabinet minister suggested otherwise.During a recent appearance on Our TV’s “On the Record” programme, Educatio
Man accused of 2016 murder
A 34-year-old man, wanted by police on drug charges under one name, was arraigned on the charge of murder in Magistrate’s Court under another name yesterday. Patrick Goffe, of Washington Street, was yesterday charged with the December 12, 2016, murd
Delay over documents in Frank Smith trial
THE trial of former Public Hospitals Authority Chairman Frank Smith was adjourned yesterday due to a delay in the submission of court-ordered documents from unnamed government agencies.The decision was made by Chief Magistrate Joyann Ferguson-Pratt f
IMF’s bitter pill - find extra $240m
The Bahamas needs a further $240m “adjustment” to hit its Fiscal Responsibility targets, the IMF warned yesterday, as it called for more “trimming” of the civil service wage bill.
Stabbed teenager: Tears of accused
A 20-year-old man was arraigned in a Magistrate’s Court yesterday, charged with the stabbing death of a teen last Friday.
Shanty town evictions ‘ethnic cleansing’
RIGHTS Bahamas said it now has evidence to take “constitutional action” against the government over its July 31, 2018, deadline mandating the eviction of all shanty town residents, arguing the decision was discriminatory.
‘We must do better for young doctors’
AS some junior doctors express concern for their future, Health Minister Dr Duane Sands admitted yesterday officials must do a better job at developing young doctors.
Ticking timebomb of $3.7bn pensions
The Government’s unfunded multi-billion dollar pension liabilities, projected to hit $3.7bn by 2030, were yesterday branded “a big time bomb waiting to go off”.
THE PRESS BOX: These Raging Bronsexuals!
BRONSEXUAL - definition: Anybody who is a huge fan of LeBron James or has deep rooted ‘man crush’ or ‘bromance’ with LeBron James.
