Water Corp sales increase by 16%
The Water and Sewerage Corporation (WSC) has increased sales by 16 per cent despite slashing water purchases by one-quarter, its general manager said yesterday.
Chamber chief calls for ‘dedicated’ ICT minister
The Government was yesterday urged to appoint a dedicated Minister for communications and technology (ICT) and place the industry “at the top of its development plans”, amid fears the Bahamas will otherwise “fall further behind”.
ART OF GRAPHIX: Story-telling is your most effective brand
In 2015, it is imperative that creative professionals begin to think of themselves as media companies. Being in a position to control and determine your own career growth seems beyond the reach of most people, but it is not nearly as difficult as one might imagine.
Water Corp targets 20% revenue growth
The Water and Sewerage Corporation (WSC) is hoping to increase its revenue base by 20 per cent through its customer win-back campaign, its general manager said yesterday.
Water Corp; Renewable energy project revives
The Water and Sewerage Corporation (WSC) yesterday said it is close to completing a power purchase agreement (PPA) with a company that will supply wind turbine-generated power to its desalination plant on Eleuthera.
US backs 250k oil barrel drop for GB
Grand Bahama’s hard-pressed economy has this week received a game-changing boost from US regulators approving a project that could reduce the island’s oil imports by 250,000 barrels annually, and lower high energy costs.
‘Double dipping’ Baha Mar staff being terminated
Baha Mar’s joint provisional liquidators are terminating employees who have been ‘double dipping’ by continuing to pocket a regular pay cheque despite finding another job.
PM ‘needs to go’ as he lacks ideas
A former Chamber of Commerce president yesterday said Prime Minister Perry Christie “needs to go” because he is too old and has no innovative ideas to revive the economy, adding: “The numbers speak for themselves.”
Gov’t urged: ‘Hold true’ to promise on 3rd mobile licence
The Government was yesterday urged to “hold true to its promise” to eventually licence a third mobile operator in the Bahamas, and bring “true competition” to the industry.
Small business ‘cannot wait’ for National Plan
The Government and private sector were yesterday urged to collaborate to address the challenges faced by small and medium-sized enterprises, a well-known consultant warning: “It’s just getting worse.”
How to slash 35% of your energy bill
According to the US Department of Energy, 35 per cent of the average home’s electricity bill is generated from water heating. Reducing this will make the Bahamas a little greener, and save money.
Joaquin borrowing still ‘a final option’
The Government will only borrow money to finance Hurricane Joaquin-related reconstruction as “a final option”, a Cabinet Minister confirming that Value-Added Tax (VAT) revenues would be used to defray some spending.
Gov’t borrowing is ‘not totally avoidable’
A Cabinet Minister yesterday admitted that Government borrowing was “not totally avoidable” despite escalating concerns over a $6.378 billion national debt that grew 10 per cent in the year to end-May 2015.
Cable ‘will do in three years what we did in 20’
Cable Bahamas executives yesterday said the company could “do in three years what it has achieved in 20” as a result of winning the battle to be this nation’s second mobile provider, a success that could create up to 150 jobs.
Gov’t raises $72m from ‘not normal’ BGS bond
The Government’s financial advisers yesterday estimated it will take three years for Bahamian investors to start treating its new BGS security as a “normal investment vehicle”, after the first issue for the 2015-2016 fiscal year came in 28 per cent below target.
