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Productivity councilis 'sorely needed'

The creation of a Bahamian National Productivity Council was yesterday described as “sorely needed” by trade union officials. A two-day National Tripartite Council Productivity legislation workshop, sponsored by the International Labour Organisation

Private sector demands: 'What's plan now' for BPL?

The private sector yesterday questioned "what's next" for Bahamas Power and Light (BPL) after it severed its relationship with its management partner, PowerSecure.

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PowerSecure and BPL end business relationship

PowerSecure and Bahamas Power and Light (BPL) agreed to ‘amicably’ sever their business relationship as of Monday, September 18.

Govt getting just 15% of foreign yacht fees

The Port Department is seeking to outsource foreign yacht fee collections, telling Tribune Business yesterday that just 15-20 per cent of due revenue is currently being obtained.

‘Crunch meeting’ for BPL’s manager today

Bahamas Power & Light’s (BPL) Board will hold a ‘crunch meeting’ with PowerSecure today, with the outcome likely critical in deciding whether the latter remains as manager.

Financial services owner: IMF’s income tax ‘spot on’

A Bahamian financial services entrepreneur yesterday praised the IMF’s income tax recommendation as “spot on”, but warned: “Don’t wait for outsiders to tell us what to do.”

Atlantis parts ways with top executive

Atlantis and its top executive have parted ways, Tribune Business can reveal.

Senior accountants: Focus on taxation substance, not form

The Bahamas needs to focus on substance rather than obsessing over the most suitable form of taxation, senior accountants said yesterday.

Group teams with BTVI on renewable energy studies

A renewable energy group has agreed to donate a solar system to the Bahamas Technical and Vocational Training Institute (BTVI), and develop a curriculum for students leading to certification in solar energy.“We are really pleased to have someone of t

BTVI meets Minister on solar energy re-launch

Bahamas Technical and Vocational Institute (BTVI) team members met recently with the Minister of Environment and Housing ahead of plans to re-launch its solar training programme in 2018.Romauld Ferreira reiterated the Ministry’s mandate to increase r

Unified busing systemno transport 'panacea'

A Cabinet minister yesterday said a unified busing system will “not be a panacea” for New Providence’s transportation woes, as progress continues on this project.Frankie Campbell, minister of transport and local government, told Tribune Business: “Th

Financial sector needs ‘urgent quantum leap’

The Bahamas’ poor financial centre ranking is “clearly unacceptable”, a leading QC yesterday warning this nation does “not have the luxury” of a five-year fix.

Bahamas urged: ‘Make the case’ for extra airlift

The Bahamas must be “savvy” and “make the case” for extra post-Irma airlift that could fill the new capacity created by Baha Mar, the Minister of Tourism revealed yesterday.

‘One law for all’ call on BPL no disconnect list

The existence of a Bahamas Power & Light (BPL) ‘do not disconnect’ list threatens to undermine accountability and the concept of “one law for all”, a governance reformer warned yesterday.

Top QC: Regulatory regime ‘weighted against business’

The Bahamas’ regulatory regime is “heavily weighted against business”, a prominent QC yesterday warning: “We can’t tax our way out of economic problems.”