Roberts: ‘We must work our way out of graveyard’
Supervalue’s owner is “100 per cent” sure the new government’s election will boost business and consumer confidence, but warned: “We have to work our way out of the graveyard.”
Govt urged to adopt ‘zero sum’ Budgeting
The newly-elected Minnis government has been urged to adopt a “zero sum” approach to next week’s Budget, with every department and ministry having “to justify every single cent” they demand.
Govt structure aids financial services Immigration ‘lever’
The Government’s has been praised for bundling Immigration with financial services in the same ministerial portfolio, a senior executive suggesting it would help “leverage real international business” for the Bahamas.
Aliv: ‘Hundreds’ of mobile users porting
Aliv’s top executive said yesterday it has seen “hundreds” of customers switch to their network since number portability launched last month, telling this newspaper that the subscriber boost would keep the company in line with its targets.
Govt spending controls will require ‘innovation’
THE Government’s ability to implement spending controls “will require innovation”, the Chamber of Commerce’s chairman arguing that it must demonstrate its commitment to balancing the Budget without damaging the economy.
Bahamas tops Caribbean with $387m from aviation
THE Bahamas is ranked number one in general aviation arrivals in the Caribbean in terms of dollar value, earning a whopping $387 million annually, according to a senior tourism executive.
Minister: Fyre Festival’s $8.4m land ‘absolute BS’
The Minister of Tourism yesterday slammed as “absolute bull s*” claims by the ill-fated Fyre Festival organisers to have been given $8.4 million worth of Bahamian land, while conceding that “maybe we were caught blind” by the fiasco.
Averting blacklisting is ‘priority’ for Govt
The Minister of Financial Services yesterday said warding off the threatened ‘blacklisting’ of the Bahamas was “10.5 on a one to 10 priority scale” for the newly-elected government.
Cable chief ‘bullish’ despite $17m losses
Cable Bahamas’ top executive yesterday said the company remains “very bullish” on its growth and future earnings prospects, despite suffering a near-$17 million net loss for the 2017 first quarter.
Condo owners hit by fraud, says court
The Court of Appeal has quashed two separate settlements after finding “that a fraud has been perpetrated on the unit owners” at a Freeport condominium complex.
BPL managers ‘in dark’ over PLP’s energy deal
Bahamas Power & Light’s (BPL) middle managers yesterday said they had been ‘left in the dark’ over the former government’s secretive deal with New Fortress Energy, and raised concerns over the future of the utility and their jobs.
Airline chief raises rising fee concerns
A Bahamian airline chief executive yesterday urged the new administration to quickly meet with stakeholders and assess the whole aviation sector, warning that increased fees were making Family Island travel cost prohibitive and impeding their economic development.
IAN FERGUSON: How to deal with the worst workers
Many employers have had to deal with at least one worker who seems incapable of salvaging even a basic understanding of workplace decorum and ethics. This is the one unruly team member who, despite all efforts to bring them along, fails to deliver even at a mediocre standard.
Port seeking 14 acres to aid ‘fiscal outturn’
The Nassau Container Port’s operator yesterday said it plans to re-submit to the new government a request for 14 acres of extra land at Arawak Cay, in a bid to crackdown on fraud and boost the Public Treasury.
Activists tell Govt: ‘Do right by public’ on Blackbeard’s Cay
Environmental activists yesterday demanded that the newly-elected government cancel the controversial Blackbeard’s Cay project’s latest bid to obtain planning approval, and urged it to “do right by the public” by shutting it down.
