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.
Harborside staff see 11% industrial deal pay boost
SOME 92 workers at the Harbourside Resort at Atlantis will enjoy an 11 percent pay rise spread over the five-year term of a newly-signed industrial agreement, it was revealed yesterday.
RBC acts to reverse ‘double payments’
ROYAL Bank of Canada (RBC) last night pledged it is “working diligently” to reverse payments where customers were charged double for the same transaction.
Agri expo to connect farmers with markets
AN Agri-business Expo will be held next month to connect farmers and other entrepreneurs, Minister of Agriculture and Marine Resources Jomo Campbell has announced.
Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
Restaurant chain to double staff as revenues rise 15%
A BAHAMIAN restaurant chain is aiming to double its workforce by July through the creation of 48 new jobs with revenues for the year-to-date some 15 percent ahead of 2023.
‘Iconic’ Briland horses battle Gov’t and resort
AN “iconic” Harbour Island horse riding business popular with visitors is locked in a furious legal battle with the Government and Pink Sands resort over the land where its facilities are located.
Deltec’s terminations ‘to realign workforce’
DELTEC Bank & Trust last night confirmed it has moved “to realign its workforce” via a right-sizing which is said to have resulted in around 11 staff being terminated last week.
Campaign opposes $100m Goodman's Bay penthouses
OPPONENTS of a proposed $100m, 14-storey Goodman's Bay penthouse complex have launched the ‘Say No to Wynn’ campaign in a bid to rally public support against approving the project.
Regulators standing firm over tougher consumer protection
REGULATORS have held firm over plans to slash the time for communications industry operators to resolve customer complaints, wrongful disconnections and new serve installation despite industry push back.
‘Coming home’ to boost critical mass in Freeport
A CABINET minister has unveiled the ‘Coming Home’ initiative designed to attract Grand Bahamians to return home and exploit the island’s touted $2bn investment project pipeline.
