Union: No more downsizes needed for BTC competition
The Bahamas Telecommunications Company’s (BTC) chief executive yesterday said there have been no recent discussions on further staff downsizing, although this was an “open-ended conversation” given increased competition.Leon Williams said there had b
Don't jeopardise sovereignty with automatic tax exchange
The Editor, The Tribune, Your article today, headed ‘Bahamas moves to stop ‘devastating’ blacklisting’, is just another step down a road that has already devastated the financial services industry in the Bahamas. See, for example, the 20 dissolu
Minister: $126m NHI funding ‘doesn’t exist’
National Health Insurance’s (NHI) purported $126 million financing “does not exist”, with the new Government yesterday said to have inherited “the challenge to identify a source of funds” for the scheme.
Minister admits Fyre Fest conflict ‘doesn’t look good’
The involvement of a senior Ministry of Tourism official in the ill-fated Fyre Festival’s catering “doesn’t look good”, a Cabinet Minister admitted yesterday, agreeing it created ‘conflict of interest’ perceptions.
Bahamas moves to stop ‘devastating’ blacklisting
The Government yesterday moved to prevent the “devastating” consequences of a financial services ‘blacklisting’ by confirming its readiness to alter the Bahamas’ automatic tax information exchange approach.
‘Tremendous progress’ on catastrophic care
The Minister of Health yesterday said “tremendous progress” has already been made in designing a catastrophic health insurance scheme, with the Government focusing on a private-public partnership (PPP) delivery model.
Union demands clarity over BTC ownership
The trade union representing Bahamas Telecommunications Company (BTC) line staff yesterday said it will resist industrial agreement changes if the company’s sale has not been fully approved.
Pumping up your electricity savings
By Joshua Key, Green Solutions We’ve barely reached the end of May, and already it feels like summer is in full swing. This means that, after spending the winter months as far away from frigid pools as possible, many Bahamians are making the annua
Gov’t ‘opening Pandora’s Box’ with VAT breaks plan
The Government was yesterday warned that its VAT ‘exemptions’ plan will “open up a Pandora’s Box” of demands for ever-increasing concessions that may undermine the Bahamas’ low-tax model.
Govt to ‘hold spend in line’ with 2016-2017
The Minister of Finance has pledged to hold spending “in line with the previous year as much as we can” in Wednesday’s Budget, with any overshooting caused by the Christie administration’s spending commitments.
Cut spending 5% per year, Govt is urged
The Bahamas needs to cut spending by 5 per cent a year during the Minnis administration’s five-year term in office unless economic growth suddenly picks up, a governance reformer believes.
Govt urged: Unleash the Freeport ‘stallion’
A well-known QC has urged the Government to follow through with “loosening the reins of control” over Freeport, thereby allowing the Bahamas’ “economic stallion to gallop towards the finish line”.
MAB chief: Catastrophic health insurance plan can be ‘hammered out’
The Medical Association of the Bahamas (MAB) president believes it will be possible to “hammer out” a catastrophic health insurance plan, but emphasised: “You can’t look at healthcare in a vacuum.”
Caribbean risk management project is formally launched
The Caribbean Development Bank (CDB) and CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) have launched an ‘Integrated Sovereign Risk Management in the Caribbean’ project, in a bid to more proactively manage hurricane and other
Minister call upon to resolve industrial talks
A trade union leader says he is prepared to give new Labour Minister, Dion Foulkes, a chance to resolve some of the five or six outstanding industrial agreement negotiations.Obie Ferguson, the Trade Union Congress’s (TUC) president, told Tribune Busi
