Tourism chief: 'Many ways to skin a cat'
The Minister of Tourism yesterday defended the decision to amalgamate four US tourist offices into two, telling this newspaper: “There are many ways to skin a cat.”Dionisio D’Aguilar was responding after his predecessor, Obie Wilchcombe, told Tribune
'Full audit' urged for civil service
A trade union leader yesterday called for a complete human resources audit of the civil service, arguing that many “qualified” workers were deployed in areas where their skill sets are not applicable.John Pinder, the Bahamas Public Service Union’s (B
'Red line must be drawn' at BOB AGM
A prominent Bank of the Bahamas investor yesterday said “a red line must be drawn” over its future at the upcoming annual general meeting (AGM), after it missed a second dividend payment to preference shareholders.Darron Cash, the former FNM chairman
Obie: 'Don't halt growth in middle of sowing seeds'
The former Minister of Tourism yesterday questioned his successor’s decision to amalgamate four US offices into two, saying: “You can’t stop growth in the middle of sowing the seeds.”Obie Wilchcombe told Tribune Business that Dionisio D’Aguilar shoul
Baha Mar chairs: 'CCA reneged on making us whole'
The Florida supplier at the centre of the Baha Mar ‘completion’ controversy yesterday hit back by accusing the project’s main contractor of reneging on promises to make it “100 per cent financially whole”.Gerald Shavartsman, Source Outdoor’s chief ex
Near 40% of public workers 'temporary'
Almost 40 per cent of public sector workers are temporary employees, the Chamber of Commerce’s chief executive revealed yesterday, depriving them of job security and benefits.Edison Sumner, speaking at the launch of a $33 million project to reform th
Bahamas 'left behind' without transparency
The Bahamas will “continue to be left behind” unless it becomes fully transparent, amid suggestions yesterday that the Government could save $13 million annually through procurement. K Peter Turnquest, Deputy Prime Minister and minister of finance,
Darville: 'No concerns' over legality of NHI
The Opposition’s shadow Minister of Health yesterday asserted that the legal parameters were in place for the Christie administration to launch National Health Insurance (NHI), saying there was “no need for any concern”.Speaking with Tribune Business
Brewery shrugs off $10m storm costs
Commonwealth Brewery shrugged off more than $10 million in Hurricane Matthew-related damage and business interruption costs to post a 45 per cent year-over-year profits increase for 2016.The vertically-integrated, BISX-listed brewer foreshadowed an i
$11m in clinics for six patients per day
The Minister of Health yesterday pledged to “maximise value for the Bahamian public” after revealing the former administration’s planned $11 million investment in new Cat Island clinics would benefit just six patients per day.Dr Duane Sands told Trib
Minister warns of 'casualties' from fiscal right-sizing
A Cabinet minister has warned there will be “some casualties”, and that Bahamians will suffer “some pain before there’s gain”, as the Minnis administration tries to combat the growing fiscal crisis.Dionisio D’Aguilar, minister of tourism and aviation
Only 10% of firms applied for Freeport tax breaks renewal
Just 10 per cent of Grand Bahama Port Authority (GBPA) licensees applied for renewal of key tax breaks via the Christie administration’s Grand Bahama (Port Area) Investment Incentives Act 2016, Tribune Business can reveal.The relatively low figure of
Judge warns CCA: Baha Mar chairs injunction 'rare'
Baha Mar’s contractor has been warned by a Florida judge that it is “rare” to obtain the injunction it views as vital to hitting the $4.2 billion project’s October 15 completion date.China Construction America (CCA) Bahamas, in new legal filings on F
Minister: NHI legality concerns 'dead on'
The Minister of Health yesterday conceded that the Bahamas Insurance Association (BIA) was “dead on” over its assertion that much of National Health Insurance’s (NHI) roll-out and enrollment had no basis in law.Dr Duane Sands pledged to “clean up the
Govt told: Boost debt transparency via BISX
BISX’s chief executive yesterday said the Government needs to list its $3 billion-plus local debt on the exchange “sooner rather than later” to boost financial transparency.Keith Davies told Tribune Business that the Bahamas International Securities
