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BFFIA president slams ‘smear’ effort

THE Bahamas Fly Fishing Industry Association’s (BFFIA) president has accused rival factions of attempting to discredit him and the industry internationally, blaming them for stirring up controversy over the sector’s proposed new regulatory framework.

Economy ‘remarkably unimpressive’ over past two decades

THE Bahamian economy’s performance has been “remarkably unimpressive” for most of the past two decades, an ex-finance minister warning that the country is having to “run ever faster to stay in the same place”.

Court: Numbers was being played at FML web shop

TWO Appeal Court judges found there was sufficient evidence to support the Crown’s case that the Wulff Road web shop belonging to Craig Flowers’ FML Group was operating/promoting the then-illegal ‘numbers’ lottery.

Bran: Bahamians ‘holding the bag’ over Baha Mar

BAHA Mar is another example where Bahamians are potentially left “holding the bag” over a major real estate transaction, the Democratic National Alliance’s (DNA) leader has warned.

Sir William to focus on telecom ‘pioneer’

SIR William Allen is stepping down as Fidelity Bank (Bahamas) chairman at next month’s annual general meeting (AGM) so he can devote more time to the telecommunications start-up he has “pioneered”.

AG: Four-year ruling wait akin to ‘judicial misconduct’

THE Attorney General has urged that the justice system’s inefficiencies be tackled as a “priority”, warning that the protracted wait for judgments would be considered “judicial misconduct and an abuse of power” in many jurisdictions.

Web shops: Gaming Board ‘must get regulation right’

WEB shop operators understand that the Gaming Board “really has to get regulation right” to protect the Bahamas’ good name, a well-known QC says.

FNM deputy urges equal bank treatment for legal web shops

COMMERCIAL banks should no longer refuse to accept web gaming deposits once the industry is licensed and adheres to standard ‘Know Your Customer’ (KYC) procedures, the FNM’s deputy leader believes.

Union leaders pledge huge labour relations shake-up

Trade union leaders yesterday pledged to move on “a very significant” Supreme Court ruling and other recommendations that could produce the biggest shake-up for decades in Bahamian workplace relations.

Trustees split over hotel union’s $1.5m pension fund debt

Pension fund trustees are ‘split down the middle’ over the hotel union’s failure to pay $1.5 million worth of contributions on behalf of its staff, Tribune Business can reveal.

Lodge owner says: ‘Damage already done’ to fly fishing

A petition has been launched for anglers to register their opposition to the proposed Fly Fishing law and regulations, as a well-known lodge owner yesterday told Tribune Business: “The damage has already been done”.

Critics ‘clouding’ new Fly Fish regulations

The Bahamas Fly Fishing Industry Association’s president yesterday accused critics of “clouding” the issues surrounding proposed regulatory reforms, arguing that the success of local fishing lodges hinged on the treatment of Bahamian guides.

Taking the weight off productivity concerns

Recent American statistics indicate that overweight employees cost their employers a collective $73 billion per year, and file twice the number of worker compensation claims than their ‘in shape’ counterparts.

Gray: We’ll do nothing to endanger fly fishing

The Minister of Agriculture and Marine Resources yesterday pledged that the Government would do nothing to jeopardise the $141 million Bahamian fly fishing industry, while insisting that the sector must be regulated.

US slams ‘weak enforcement’ of labour legislation

The Bahamas was yesterday criticised for “weak enforcement” of its labour laws by the US government, with fines and penalties insufficient to prevent violations by employers.