Nothing's perfect this side of.....
I left the last part of the headline intentionally blank, because we are all different and I did not want to try to convert you to the wrong parade. The point James Altucher made in an amazing blog the other day is that being in business is never going to be perfect either, and we need to learn to turn the downside right-side up.
Water Corp's service losses 30x those of proper-run utility
NON-REVENUE water losses in New Providence account for 56 per cent of the Water and Sewerage Corporation’s supply, its general manager said yesterday, adding that system leaks were about three-four times’ the international average for a properly-run water utility.
Companies passing up 35-40% cost savings
Many Bahamian and Caribbean companies are passing up potential 35-40 per cent “raw material” cost savings, a Nassau businessman has told Tribune Business, saying the biggest challenge for his new venture is “changing people’s habits”.
Developer waits for return of'90% of market'
A New Providence developer yesterday said he was effectively “waiting for 90 per cent” of the real estate market to “come back”, and suggested it would have benefited more if the Government had imposed “time limits” on its recent tax cuts.
BEC 'falls down tremendously' by no live repairs
The Bahamas Electricity Corporation (BEC) “falls down tremendously in applying best practices” because it does not carry out repair work on live lines, its former executive chairman questioning whether plans to introduce this by end-September had “died” with the general election.
Miller: Ex-Robin Hood store 'must open' before Christmas
MARIO’S Bowling and Entertainment Palace chief, Leslie Miller, said that despite earlier setbacks he expects to have the former Robin Hood store open by Christmas, telling Tribune Business: “We have to catch Christmas season.”
Gov't urged: close deal for $500,000 'millstone'
The Christie government was yesterday urged to “seize the initiative” and complete a deal to sell its last wholly-owned hotel to Scheck Industries, the Hotel Corporation’s former chairman describing the property’s $500,000 annual losses as “a financial millstone around our national neck”.
COLUMN: The three gambles of Perry Christie
Prime Minister Perry Christie was elected on promises about fixing the country’s main social problems: crime and education. Any solutions for these deep-rooted dilemmas will be long-term, and changes will only appear incrementally.
Abaco Business Outlook plans unveiled
THE ninth annual Abaco Business Outlook (ABO)conference is scheduled to be held on September 26 at the New Vision Ministries Centre in Marsh Harbour, Abaco.
Tax reform not just about more revenue
PROVIDING incentives for businesses, and ensuring these align with World Trade Organisation (WTO) rules, must be factored into discussions over a new tax regime for The Bahamas, a leading accountant said yesterday.
Tax system must be 'more progressive and efficient'
Bahamas-based cporate entities have partnered to stage a national tax reform symposium, a move Sunshine Holdings chairman yesterday said will expand and deepen discussions on the issue.
BEC to slash over $12m overtime pay
THE Bahamas Electricity Corporation (BEC) is looking to slash the more than $12 million it pays annually in employee overtime by implementing a shift system, its executive chairman yesterday telling Tribune Business this currently accounted for almost one-third of payroll costs.
'Pioneer' targets logistics, light manufacturing
A Nassau businessman yesterday said his Freeport-based venture was in talks to expand into the logistics and light manufacturing sectors, moves that could more than double staff numbers and “double” the projected $10-$12 million annual sales from its already-operating distribution business.
Accountants see 10-15% fraud probes increase
Bahamian accountants specialising in internal theft/fraud investigations have seen a general 10-15 per cent increase in such assignments since the recession began, Tribune Business was told yesterday.
Genting assesses Nassau 'business opportunities'
The multi-billion dollar Genting Group is assessing various “potential business opportunities” in New Providence after being heavily courted by the Christie administration, Tribune Business has been told, with the Atlantis resort said to be among the options.
