Skills that remain difficult to copy
MR PROLE was a greying, middle-aged English literature teacher who taught me in the 11th grade. He stopped me one afternoon in the school's walkway, stroked his short beard and told me some words that I have never forgotten. "You are a good writer," he said. Even though English language and literature had always been strong subjects for me, his words were enough to give me the confidence, even to this day, that I needed. I could influence others with the written word.
RoyalStar: Acquisition in Cayman did 'not come off'
ROYALSTAR Assurance's $41.58 million capital base has given it an acquisition 'war chest', its managing director disclosing to Tribune Business that an attempted purchase in the Cayman Islands last year failed to "come off" due to differences over valuation.
'Gimmick fears' on roadworks compensation
BUSINESS owners impacted by the New Providence Road Improvement Project yesterday said they were still waiting to see what sort of compensation they would receive after completing the Ministry of Finance's survey, one telling Tribune Business he felt the move may have simply been a "gimmick".
Unions blast 'limbo' for City Markets staff
TRADE union executives yesterday reiterated that former City Markets employees cannot be left in "limbo" while a deal for the sale of the struggling food store chain is worked out.
Oil explorer 'exceeds' licence renewal terms
THE Bahamas-based oil explorer that has been rocked by Prime Minister Hubert Ingraham's assertion that he would not permit exploration/drilling in this nation if returned to office moved to further calm the international markets yesterday, saying it had "exceeded" all obligations required to obtain a further three-year renewal of its licences.
Equities 'rebound'as trade volumes rise 71% in Q1
A LEADING investment banker yesterday said Bahamian share prices had "bottomed" and that the market was starting to "rebound", with collective trading volumes for all BISX-listed securities up 71.4 per cent year-over-year in the 2012 first quarter.
Bahamas Waste targets 34% profit rise, waste plant bids
BAHAMAS Waste has submitted bids for the multi-million dollar Pinewood Gardens and Gladstone Road wastewater treatment plants in a move to expand its service lines, Tribune Business was told yesterday, with the BISX-listed company projecting a 34.4 per cent net income increase for 2012.
Wholesaler confirms City Meat HQ interest
LIGHTBOURN Trading, while confirming to Tribune Business that it was in negotiations to acquire the former City Markets head office and warehouse complex, yesterday indicated no deal had been sealed, and that it would either be "building or buying" depending on whether or not it successfully closed.
AML chair: City Markets deal 'kept changing'
AML Foods chairman yesterday said its efforts to acquire City Markets' remaining business fell apart because the latter's principal, Mark Finlayson, "kept changing the terms of the deal" on a daily basis, and had nothing to do with the BISX-listed food retail group refusing to take on the chain's staff.
BTC invests $1m in retail roll-out
THE Bahamas Telecommunications Company (BTC) yesterday said it had invested just over $1 million on its retail roll-out to-date, and seen sales increase at all the five completed outlets.
Graycliff eyeing Caribbean growth
GRAYCLIFF's boutique airport lounge at Cincinnati Airport could be completed by this June, a company spokesperson said yesterday, telling Tribune Business that discussions on expanding the concept to several other airports within the US were in the final stages.
GB Power minimises $4.7m recovery effect
GB Power minimises $4.7m recovery effect By NEIL HARTNELL Tribune Business Editor The Grand Bahama Power Company (GBPC) has received regulatory approval to minimise the consumer impact of recovering a $4.7 million impairment charge by spreading it out o
PI resort facing wind-up petition
THE Paradise Island-based Club Land'Or resort is facing a winding-up petition in the Supreme Court, as a former employee bids to secure compensation she claims is due to her from the property.
Lightbourn Trading likely purchaser for ex-City Markets HQ
BAHAMIAN wholesaler Lightbourn Trading is the party in negotiations to acquire the former City Markets head office and warehouse complex from the supermarket chain's staff pension fund, Tribune Business can reveal, with the Finlayson family hoping to exit majority ownership of the latter "by the end of this week".
Bahamas Waste in 135% profits rise
DESPITE a 134.8 per cent year-over-year net income increase to $461,181, Bahamas Waste's managing director has revealed that results for 2011 were "still not as good as we had expected", with some business categories underperforming internal expectations.
