Sand Dollar option for payroll at Kamalame Cay
PRIVATE island destination Kamalame Cay has turned to digital payments for part of its payroll.
Deyton Albury to enter the NCAA Men’s Division One Basketball Transfer Portal
AFTER producing an outstanding season for the Royals men’s basketball team at Queen’s University where he earned several individual awards, Bahamian guard Deyton Albury has decided to enter the National Collegiate Athletic Association (NCAA) Men’s Division One Basketball Transfer Portal.
$30m facility to help pay for renewable energy
A NEW $30m facility managed by the Bahamas Development Bank will allow business owners to finance renewable energy systems to combat power generation problems, according to Guildan Gilber, vice president of Alternative Power Sources Bahamas.
$1m helping hand just the start for Andros
THE Bahamas Entrepreneurial Venture Fund has contributed about $1m to Andros businesses, according to Edison Sumner.
Digital banking ‘easing pain’ in Family Islands
DIGITAL banking providers are easing the “pains and pressures” faced by unbanked and underbanked Family Islands, according to Jevon Butler, chief sales officer at Kanoo, said yesterday.
Andros needs more airlift, warns former Chamber CEO
Andros needs improved airlift, banking and energy generation to sustain its growing tourism sector, according to Edison Sumner, a former director and CEO of the Bahamas Chamber of Commerce and Employers Confederation (BCCEC).
‘Rent-free centre takes away cost of business’
THE Ministry of Tourism Investments and Aviation opened its first tourism incubation centre last night, with Prime Minister Philip “Brave” Davis saying it will support growing Bahamian businesses by removing one of the greatest barriers – the cost of business.
Non-cash payments encouraged after crime warnings to tourists
THE Ministry of Tourism is using technology to combat warnings by cruise ships not to carry cash, according to Deputy Prime Minister Chester Cooper.
‘Regular tourists not put off by negative publicity’
MANY tourists visiting The Bahamas regularly are not fazed by recent negative publicity after travel advisories, according to Rafique Symonette, chairman of the Tourism Development Cooperation (TDC).
Sold out - Jack’s Bay offering snapped up
A LUXURY development in Eleuthera has sold out its beachfront and ocean view properties.
Kwasi: Make sure $2bn investment felt by GB
KWASI Thompson, MP for East Grand Bahama and Shadow Minister for Grand Bahama, has urged the PLP government to ensure the $2bn investment touted by the government brings tangible benefits to Grand Bahamians.
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Resort to Gov’t: ‘Pursue’ horse riding venture like shanty towns
A MAJOR Harbour Island resort yesterday urged the Government to “aggressively pursue” a local horse riding entrepreneur’s “unauthorised construction” with the same vigour as its shanty town crackdown.
NIB back-pedal ‘no way to run country’
THE Government’s back-pedalling over the phased strategy to increase the National Insurance Board’s (NIB) all-in contribution rate to 26.3 percent is “not a way to run a country”, it was asserted yesterday.
Cable ‘takes exception’ with URCA over Freeport blame
CABLE Bahamas “takes exception” with its regulator blaming it for “an increase in bad debt” due to challenging its ability to licence and regulate the company’s Freeport operations.


