'Drastic change' needed to hit 10% Govt cuts
A former finance minister yesterday praised the Prime Minister’s bid to slash the Government’s recurrent Budget by 10 per cent, but warned that structural impediments made it a hard target to hit.James Smith, also an ex-Central Bank governor, told Tr
DPM: No return to Hotel Corp era
The Government’s proposed Grand Lucayan rescue does not mark a return to the Hotel Corporation era, the Deputy Prime Minister yesterday reassuring its involvement would “definitely be short-term”.K Peter Turnquest, the Deputy Prime Minister, said the
Chamber chair tells Gov't to identify 'change' agents
The Chamber of Commerce’s chairman yesterday urged the Government to identify the timelines and persons for delivering “change in government”, adding that “value” in public spending is now key.Michael Maura told Tribune Business that the Minnis admin
BAMSI officers give Caribbean update on farming progress
A team from the Bahamas Agriculture and Marine Science Institute (BAMSI) gave presentations on its progress at the 53rd annual meeting of the Caribbean Food Crops Society (CFCS) earlier this month.The annual gathering, which brings together scientist
Ministers tour GB Shipyard
Cabinet ministers and senators toured the Grand Bahama Shipyard yesterday in their first official visit since the new administration took office in May.They met with company executives in a closed meeting about plans at the Shipyard, and then given a
DPM 'confident' 10% spend cut can be hit
The Deputy Prime Minister yesterday said he was “confident” that the Government will be able to slash recurrent spending by 10 per cent, and suggested even more savings could be realised through ongoing expenditure reviews.K Peter Turnquest, who is a
IAN FERGUSON: The good and bad of trade unions
There is little doubt that the trade union movement in the Bahamas continues to play a pivotal role in improving the quality of life for workers. Great men and women in our history have laboured to develop organisations aimed at advancing the standar
Union seeks assurances on previous Govt deals
A senior Bahamas Public Service Union (BPSU) executive yesterday admitted the union was concerned over potential job and benefit cuts, given the Government’s pledge to slash spending by 10 per cent.Kingsley Ferguson, the BPSU’s executive vice-preside
Sandals chief: Bahamas 'can't afford' discount war
Sandals Royal Bahamian’s top executive yesterday revealed that the all-inclusive chain shares Atlantis’s Baha Mar fears, arguing that the Bahamas “can’t afford” a rate discounting war.Gary Williams, the resort’s general manager, told Tribune Business
Govt urged: Cut spending to level before recession
The Government was yesterday urged to focus on cutting spending to pre-recession levels, with the Prime Minister’s plan for a 10 per cent across-the-board spending slash hailed as “a good first step”.Gowon Bowe, the Bahamas Institute of Chartered Acc
Realtor urges 'total rethink' of investor approval process
A prominent realtor has urged the Government to “completely rethink” the approval process for foreign real estate purchases, suggesting it had contributed to remote Family Islands becoming “economic wastelands”.John Christie, H. G. Christie Ltd’s chi
Mega hotels must collaborate to hit 'even keel' state
The Government and major hotels need to collaborate on a “brand Bahamas” strategy to prevent ‘cannibalisation’ and ensure the industry remains on “an even keel”, a former tourism minister urged yesterday.Obie Wilchcombe told Tribune Business that the
QC brands Govt’s non-profit finance demand ‘unlawful’
A prominent QC yesterday branded the Registrar General’s demands of non-profit organisations (NPOs) as “unlawful”, having warned the Christie administration of regulatory deficiencies almost three years ago.
Bahamas First seminar aids hurricane readiness
Bahamas First recently held a free public education seminar to help Bahamians better prepare for this year’s hurricane season.Staged under the topic, Hurricane Prep 101, the event took place at the British Colonial Hilton and featured a presentation
Tourism and partners honour July 'champion'
The Bahamas Hotel and Tourism Association (BHTA) and its partners have honoured John Ronald Darville, a public officer in the Ministry of Youth, Sports and Culture, as July’s ‘Tourism Champion’. This is the first time a representative from the public
