MInister: 'Questionable projects tie my hands'
The Minister of Health yesterday said he is unable to improve healthcare facilities used by thousands of Bahamians because “my hands are tied by projects of questionable value”.Dr Duane Sands told Tribune Business that the contracts entered into by t
Labour director sees outsource dispute rise
The Director of Labour says employee outsourcing by Bahamian companies has provoked a number of disputes, particularly in the financial services and hotel industries.“There have been a number of matters from trade unions that had a small pocket of th
GB Chamber of Commerce partners up to clean up dumping areas
The Grand Bahama Chamber of Commerce partnered with businesses, local government and a contractor to clean up three areas that have been used for dumping in east Grand Bahama.Rudy Sawyer, operator of Blue Green Outdoors, a nature-based company offeri
IAN FERGUSON: Setting the platform for your leadership
The first 90 days is your ‘get ready’ period when, in your journey to success, you have to prove your value and worth. It is a vital time to obtain traction. It is proven that most leaders are selected from within a company’s line staff. These person
Bahamas 'falls too far': 129th on cyber security
The Deputy Prime Minister yesterday conceded that the Bahamas “continues to fall too far down the scale”, after this nation was ranked 129th out of 164 countries for its commitment and effectiveness in fighting cyber crime.K P Turnquest acknowledged
Banking limitations restrict BISX model for crowdfunding
Banking system limitations are restricting the Bahamas International Securities Exchange’s (BISX) development of crowdfunding and small business listing platforms, its chief executive has revealed.Keith Davies, in a recent interview with Tribune Busi
Attraction's 'zip-py' 20 job expansion needs dual GB resolutions
A Freeport-based attraction operator yesterday said the Grand Lucayan’s closure, and Carnival’s proposed cruise port, must be resolved to sustain an expansion that will create 20 jobs.David Wallace, a principal in the all-Bahamian group that has inve
Only 'spend what you earn': Minister justifies NHI cuts
The Minister of Health yesterday defended the Minnis administration’s decision to cut National Health Insurance's (NHI) budget by two-thirds, telling this newspaper: “You ought to spend what you earn." “I wish we could spend $500 million, Dr Duane S
'Mr Fixit' finance minister urged: Avoid blame game
The Bahamas cannot afford for the Minister of Finance to undermine his standing as “Mr Fixit” by being caught up in a fiscal ‘blame game’, a leading businessman has warned.Sir Franklyn Wilson told Tribune Business that “we all lose” if K P Turnquest,
Surprise BOB rescue plan weeks away
The Deputy Prime Minister yesterday pledged that “a comprehensive plan” to rescue Bank of the Bahamas will be unveiled by its August 2 shareholders’ meeting, the institution having “abandoned” its legal battle with the Central Bank.
Bahamas needs 'much' more FDI than $522m
The Bahamas needs “considerably” more foreign direct investment (FDI) than the $522 million inflows it attracted in 2016, a governance reformer yesterday describing this as “critical” to faster economic growth.Robert Myers, a principal with the Organ
Baha Mar 'finalising' full occupancy permit
Baha Mar’s president yesterday said the $4.2 billion project was still “on target” to obtain a full certificate of occupancy (CO), with $75 million in group business now on its books.“We have our Temporary Certificate of Occupancy (TCO) and we are ju
'Holding our breath' on public sector reforms
Private sector and governance reformers are “holding our breath” to see whether a $33 million project truly transforms public sector management, warning that “changing the culture” is as important as modernising systems.Matt Aubry, the Organisation f
Baha Mar contractor now claiming supplier 'misappropriated' funds
Baha Mar’s main contractor yesterday denied reneging on promises to make a supplier ‘whole’, and instead alleged it had “misappropriated” its $390,500 lounge chairs payment.Natalia Dwornik, China Construction America’s (CCA) Bahamas contract manager,
Bahamas islands in awards top spots
The Bahamas has gained four spots among the Caribbean’s top 15 destinations in Travel + Leisure magazine’s World’s awards.The Exuma Cays, the Abacos and Harbour Island were voted ‘Best Islands in the Caribbean, Bermuda and the Bahamas’. Harbour Islan
