Gov’t fails in strike-out bid on oil terminal land
The Government’s bid to strike out a rival ownership claim to 180 acres of land that is now sub-leased to a major foreign investor was this week dismissed by the Supreme Court.
‘Don’t share carbon credit benefits with oil explorer’
Environmental activists yesterday argued that the full benefits from creating carbon credits, and their subsequent trading, should go to the Bahamian people and not be shared with an oil explorer seeking to recover its $150m investment.
Drivers ‘premature’ on 25 cent bus fare hike
Both the Government and bus owners yesterday said it was “premature” for jitney drivers to announce that fares will increase by 25 cents per trip for adults and junior/senior high school students with effect from Monday, August 14.
IAN FERGUSON: Positive benefits from taking children to work
In some corporate cultures, including your children in business activities is quickly becoming a common practice. In fact, western culture has named a day - typically in November - as 'Take your child to work day'. The goal of this day is to give young people a better idea of what their parents do for a living.
Crawfish oversupply to hit local fishermen
A Bahamian seafood processor yesterday confirmed that a global over-supply of lobster is driving relatively low prices for local fishermen at the opening of crawfish season.
Abandoned property owners to fund next demolition wave
The next wave of downtown Nassau property demolitions will cost the Government nothing when they begin this weekend because the owners will cover the bill themselves, a Senator said yesterday.
Realtors say Bimini's high end is 'red hot'
Bimini-based realtors yesterday described the island's high-end property market as "red hot" with fresh developments such as the Illa Bimini Resort and Residences emerging to meet ever-growing demand.
‘Total package’: Downtown arrives on new political look
The Downtown Nassau Partnership’s (DNP) co-chair yesterday said optimism about the city’s future has hit a 30-year high with “White Knight” politics eliminated and the cruise lines no longer “calling the shots”.
BTC: No Bahamian jobs outsourced to Pakistan
The Bahamas Telecommunications Company (BTC) yesterday asserted it “has not outsourced any Bahamian jobs” from its customer service contact centre amid staff and union fears these posts are being lost to Pakistan.
Electric car dealer eyes eventual IPO
A Bahamian electric car dealer will likely seek to go public within the next five to seven years if planned expansion targets are hit, its new 35 percent minority shareholder revealed yesterday.
‘Serious predicament’ with low lobster price
Family Island fishermen were yesterday said to be facing a “serious predicament” with margins squeezed by low lobster prices and high fuel costs.
Health premiums drop $15m on COVID travel cover end
Bahamian health insurers suffered a near-$15m year-over-year decline in group premiums last year due to the Government ending COVID-19 protection plan for visitors.
Deidre Bastian: ‘Bad bosses’ not sole factor driving employee departures
We have all heard the phrase “employees leave bad bosses, not companies”. Well, it does hold some truth. In fact, research has shown that 57 percent of employees leave their jobs mainly because of their boss.
Abaco Chamber pressing for abandoned building tear down
Abaco’s Chamber of Commerce president yesterday warned that the business advocacy group will press the Government to tear down Dorian-devastated properties unless their owners demolish or renovate them first.
Debtors blame inflation and taxes for repayment struggle
Soaring living costs and higher taxes are increasingly being blamed by struggling borrowers for why they cannot meet their obligations, debt collection agencies disclosed yesterday.
