'Millions' to refit City Meat stores
Super Value’s president last night confirmed that capital expenditure “running into the millions” would be required to re-equip three of City Markets’ New Providence stores, telling Tribune Business that but for a “misunderstanding” related to government approvals the Cable Beach outlet could have been open this weekend.
'Change your habits to live a productive and healthy life'
BAHAMIANS must make "aggressive" changes to their behaviour and habits if they want to live productive, healthy lives, Minister of Health Dr Hubert Minnis said. Addressing the opening session of
Super Value: $4 dividend beats others' 'cents return'
Super Value: $4 dividend beats others' 'cents return' By NEIL HARTNELL Tribune Business Editor Super Value's president yesterday asserted that the 11-store supermarket chain was a public company, telling Tribune Business that the $4 per share dividend i
Airline enjoys 70% Out Island load factors
WITH larger carriers in the Florida market "pulling back", Silver Airlines chief executive, Darrell Richardson, yesterday said the carrier was looking to "pick up the slack", telling Tribune Business it was recording just over 70 per cent load factors on its Family Islands service.
Construction '1/3 done' on Baha Mar
CONSTRUCTION work on Baha Mar's $2.6 billion Cable Beach redevelopment is "one-third complete", a senior executive said yesterday, after hitting a "significant milestone" with the installation of the last of 2,550 foundation pilings.
Better to 'start-up' via an existing business
I HAVE enquiries from people every day who are thinking of going into business. Some are interested in my businesses for sale, while others are just fishing. The latter usually depart with a remark like: "Why should I pay to have a business" or "It's cheaper to start your own", or something similar. Some go on to succeed. Many more do not, because they overlook reality.
BTC to complete Abaco cell overhaul in mid-May
THE Bahamas Telecommunications Company (BTC) is set to complete its wireless system overhaul on Abaco and the northern Bahamas by mid-May, giving customers improved cellular service, including faster speeds for downloads and browsing on smart phones.
Bahamian realtor at top industry summit
BAHAMAS Realty's chief executive has attended an Orlando summit featuring some of the world's top real estate firms and professionals.
Abaco airport is '60-70% finished'
CONSTRUCTION on Marsh Harbour's airport terminal building is set to be finished in five months, the project's contractor yesterday saying work was currently between 60-70 per cent complete.
Bahamas 'not very dynamic' on shareholder society move
THE Bahamas has not been a dynamic share owning society, a government minister said yesterday, urging more Bahamians to save and invest.
Real estate 'buyer's market' suffering 30-50% price drops
THE Bahamian real estate sector is a "buyer's market", realtors said yesterday, one telling Tribune Business that property values were seeing a downward trend of anywhere between 30-50 per cent.
Higgs & Johnson wins STEP Moot competition
THE Society of Trust and Estate Practitioners (STEP) Bahamas branch held its second annual Moot competition at the British Colonial Hilton Hotel on Thursday, March 29, 2012.
City Markets sale on track for Friday close
CITY Markets' principal yesterday said the supermarket chain was still on course to conclude the sale of its remaining four New Providence stores to Super Value by Friday, adding that the details had been determined already between himself and Rupert Roberts.
$3.4bn Kerzner bidder hits out at ex-consultant
THE investment group that made a $3.4 billion offer to acquire Kerzner International in 2010 yesterday accused a former consultant of leaking documents related to the deal to Tribune Business, alleging that he was trying to embarrass both itself and the Atlantis owner.
Attorney urges 'debt for equity' mortgage relief
A LEADING attorney yesterday proposed a 'debt-for-equity' style-swap as the solution to the Bahamas' existing mortgage woes, telling Tribune Business that to force commercial banks into losses and capital write-offs could endanger the nation's financial system and create even greater problems.
