Local Business

Subscribe

BPL bills 'like a mortgage'

The Bahamas Society of Engineers (BSE) president yesterday described Bahamas Power & Light (BPL) bills as being “almost like a mortgage now” as households and the private sector struggle to cope with the increased expense.

Further $2m invested to combat pot holes

The Ministry of Works yesterday said it is investing a further $2m to combat pot holes plaguing New Providence's road network after recent heavy rainfall merely worsened the hazards facing motorists.

‘Use renewables’ to solve Andros electricity woes

After a series of problems with power generation, Darin Bethel, president of the North Andros Chamber of Commerce, is challenging the government to look into a long-term energy plan for North Andros that includes an increased use of renewable energy.

Tease photo

‘Is council still active?’ demands Thompson

Kwasi Thompson, Member of Parliament for East Grand Bahama, released a statement yesterday urging the government to provide an update on the Fiscal Responsibility Council and to produce the overdue Fiscal Strategy Reports.

Jitney drivers want fare increase to $2 for adults

Jitney drivers are proposing that fares for adults should go up to $2, but are awaiting the go-ahead from the government.

Tease photo

Gas dealers hopeful despite lack of talks

Petroleum dealers said that the lack of a margin increase does not signify a failure in their negotiations with the government.

Tease photo

Reform Series Conclusion: ‘We are the problem.’

We must confront an uncomfortable truth: we, the people, are the root of the problem. As citizens of The Bahamas, it’s high time we face our shortcomings and acknowledge the urgent need for sweeping reforms across critical sectors of our society.

Supercharge your summer: Tackle inflation with investor loans

As the summer sun blazes, so does the ongoing battle against inflation. Rising prices are causing financial stress for many, but savvy investors are turning to a powerful weapon in their arsenal: investor loans also known as margin loans. This unique financial tool allows you to use your government bonds, shares and other investments as security against a loan. Let’s look at some of the ways you can get ahead by opting for a low interest investor loan.

Tease photo

DEREK SMITH: Linking climate risk, compliance and actuarial science

THIS summer, my compliance intern is an actuarial science major. In several instances, both she and I have been asked, "Why would an actuarial science major choose the area of compliance for their summer internship at an insurance company?"

Tease photo

‘Every little bit helps’ as ship resumes sailings

The Grand Bahama Chamber of Commerce president said “every little bit helps”, as the Margaritaville at Sea resumed sailing to the island from Florida.

Non-stop flights from Miami to Eleuthera to start in 2024

American Airlines announced yesterday they will be offering non-stop flights from Miami to Governor’s Harbour, Eleuthera, beginning next year. The new service will commence on February 3 and offer flights twice a week, on Tuesdays and Saturdays.

$1m lighthouse restoration aims for November finish

The Elbow Reef Lighthouse Society (ERLS) plans to finish the restoration of its historic lighthouse by November.

Tease photo

Unions link up to protest Atlantis shop steward firing

Trade unions joined forces to send a “strong message” to the government and Atlantis about the firing of the resort’s chief shop steward last week.

Tease photo

IAN FERGUSON: Stay at home or go to work?

As we approach the much-anticipated 50th anniversary of our nation’s independence, I pause to reflect on a model Bahamian business that has become a mainstay and beacon within our private sector.

Hot summer sees demand soaring for water supplies

A BAHAMIAN bottled water supplier said summer sales are good with “demand high”, despite a fear of a shortage of one gallon bottles.