BOB allows for two ‘minority’ directors
Bank of the Bahamas will hold an Extraordinary General Meeting (EGM) within the next 90 days to elect two minority shareholder representatives to its Board of Directors.
Sarkis’s latest Baha Mar offer ‘in vain’
Sarkis Izmirlian’s latest offer to purchase Baha Mar is in vain because the project’s receivers and secured lender cannot negotiate deals outside the Supreme Court-approved sales process, Tribune Business was told yesterday.
Freeport’s web shops ‘can’t serve 2 masters’
A web shop chain was yesterday given leave to issue Judicial Review proceedings against the Grand Bahama Port Authority (GBPA), its attorney arguing: “We cannot serve two masters.”
Dingman hits back on failed Nassau eateries
Bahamian creditors are facing opposition to their push for a $1.113 million default judgment against Jamie Dingman’s failed Nassau restaurant empire.
‘Damning indictment’ on our governance
The Democratic National Alliance’s (DNA) leader yesterday said the US government had issued “a damning indictment” of the Bahamas’ governance through its criticisms of corruption and a non-transparent public sector procurement process.
Waste provider eyes tyre recycle revival
A waste services provider is hoping to revive tyre recycling, but warned that the venture depends on receiving a higher price from the Government.
IAN FERGUSON: Productivity increase needs gender embrace
As the Bahamas engages in a full discussion of gender equality, and ensuring that women are treated equally under the law, we must also delve into the state of women in business.
Bahamas’ systems must match first world aspirations
The Bahamas cannot continue to live a ‘first world lifestyle’ while operating third world systems and processes, a top private sector executive warned yesterday, urging a “strong willed non-partisan approach” to tackling claims of corruption and lack of transparency.
Bahamian people have to know NHI responsibility
The Bahamian people must be educated on their responsibilities as National Health Insurance (NHI) stakeholders, a physician arguing that the need to maintain a healthy lifestyle as not been stressed enough in the reform discussion.
Dealer: $260k refund delay ‘life and death’
A Bahamian auto dealer yesterday complained that the $260,000 owed to him by the Government, most of which has been outstanding for 15 months, is the difference “between being here today and gone tomorrow”.
Dealer exposes ‘ham and turkey’ road to graft
An auto dealer yesterday exposed the ‘every day corruption’ undermining Bahamian society, disclosing how a public official unilaterally attempted to change Government policy because they had not provided him with a free Christmas ‘ham and turkey’.
Joaquin’s $1.3m loss blocks Bahamas First from earnings record
Bahamas First would have produced another profit record in 2015 had it not been for the net $1.3 million loss associated with Hurricane Joaquin, its chief executive yesterday confirming it paid all storm-related claims from its own resources.
Medical industry unites on ‘flawed, unsustainable’ NHI
Nine healthcare industry bodies yesterday unveiled an alliance that will develop an alternative to National Health Insurance (NHI), which they continued to brand as “seriously flawed and unsustainable”.
PM realises Gov’t ‘backed the wrong horse’ on Baha Mar
The Prime Minister’s renewed enthusiasm for Sarkis Izmirlian shows he now realises that the Government “backed the wrong horse” in the Baha Mar dispute, the Democratic National Alliance’s (DNA) leader charged yesterday.
Downtown chief urges ‘massive’ tax-free zone
The Downtown Nassau Partnership’s (DNP) co-chairman yesterday called for a “massive” tax-free zone to revitalise the area east of East Street, arguing that existing incentives “don’t go far enough”.
