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.
Christie energy deal’s cost savings challenged
The former Christie administration was yesterday urged to clarify the energy pricing of its ‘agreement’ with New Fortress Energy, an ex-Cabinet minister revealing he was “very concerned as to whether it brings any cost savings”.
Former Govt’s 40% lower energy costs claim ‘dishonest’
A former Cabinet minister yesterday slammed the former Christie administration as “dishonest” for claiming it had been responsible for lowering Bahamian energy prices by 40 per cent.
Chamber chief ‘alarm’ at business gun crime
The Bahamas Chamber of Commerce’s chief executive yesterday said he was “alarmed” that this nation led the Caribbean when it came to gun crimes committed against businesses.
ART OF GRAPHIX: How to benefit via designer thinking
Most people do not really think about design and designers, let alone consider themselves as such. But can teachers, students and business persons of all types learn from designers and their way of thinking?
Governance reformer backs forensic audits
A governance reform campaigner yesterday lauded the Minnis administration’s planned forensic audits of several government entities as as a “good move”, stressing: “You need to get your house in order.”
NHI cancellation claim ‘furthest thing from truth’
The Minister of Health yesterday reiterated that the Dr Hubert Minnis-led administration is committed to moving forward with a workable National Health Insurance (NHI) platform, describing suggestions that the scheme will be scrapped as “the furthest thing from the truth”.
Bahamian businesses hit worst by gun crime
The Bahamas leads the Caribbean when it comes to the victimisation of businesses by gun violence and Internet fraud, with crime-related costs higher here than anywhere else in this region
Govt takes just 1/3 of BOB bond
The Government took up just one-third of Bank of the Bahamas’ controversial $30 million bond issue, which is now at the centre of the latter’s regulatory dispute with the Central Bank.
