Gov't 'examining merits' of oil explorer carbon credits
The Government is "examining the merits" of an oil explorer's proposal to gain a return on its $100m-plus investment in The Bahamas via the use of carbon credits.
Value for money query on boating fees portal
A former Association of Bahamas Marinas (ABM) president yesterday queried why taxpayers are paying $3.355m for a solution to capture boat and yacht charter fees when the private sector previously provided the same at zero cost.
DEREK SMITH: Artificial intelligence key to governance risk battle
For companies to operate ethically, comply with regulations and mitigate risks effectively, Governance, Risk and Compliance (GRC) strategies are vital.
Opposition demands BPL load shed clarity
The Opposition's leader is arguing the Government's failure to build on the Bahamas Power & Light (BPL) reform strategy that it left in place is likely responsible for the utility's renewed resumption of load shedding.
Visitor arrivals up 1m over pre-COVID peak
Visitor arrivals to The Bahamas hit 4.2m for the first five months of 2023, the deputy prime minister has disclosed, representing a one million increase compared to the same period in 2019.
EY Bahamas chief now company's regional head
The EY accounting firm has appointed its former Bahamas country managing partner to become its regional head.
Escalating GBPA row ‘disaster for Freeport’
The Grand Bahama Chamber of Commerce’s president yesterday branded the escalating row between the Government and Grand Bahama Port Authority (GBPA) as “another disaster for Freeport” that must be calmed rapidly.
Planning concern on $1.3m propane plant
Planning authorities are voicing concern over a proposed $1.3m “state-of-the-art” propane gas plant off Tonique Williams Highway due to “compatibility with its neighbours”.
Licensee fury: Freeport ‘moving at snail’s pace’
Freeport’s ease of doing business is “moving at a snail’s pace”, a group of Grand Bahama Port Authority (GBPA) licensees warned yesterday, as they blasted both the Government and city’s authority for the escalating row over its governance.
AG: Gov’t determined GBPA fulfill obligations
The Attorney General yesterday reinforced the Government’s determination to make the Grand Bahama Port Authority “meet its obligations” as he defended its demands for financial reimbursement.
Tour boat explosion: Captain faces retrial
THE Exuma tour boat captain, whose exploding vessel killed one tourist and seriously injured four others, was yesterday ordered to face a new Supreme Court trial on charges of manslaughter and causing harm “by negligence”.
IAN FERGUSON: Ignore succession plan at your peril
In every echelon of our society, we face this common dilemma. Businesses (private and public), religious sects, political parties and civic groups all fail to establish strategic succession plans to secure the future success and viability of their organisations. Business owners, church leaders, politicians and other community leaders often operate with a sense of immortality, thinking that death or separation will not come.
BPL infrastructure long 'beyond its useful life'
A Cabinet minister yesterday said Bahamians are demanding that Bahamas Power & Light (BPL) provide "quality service" using energy infrastructure that has long since aged "beyond its useful life".
Gov’t allocates $10m for land compensation
The Government has set aside $10m to pay compensation that is "many, many years overdue" to Bahamians whose land was compulsorily acquired for roads and other projects deemed in the public interest.
Tourism reaps double digit summer growth
A senior hotelier yesterday asserted that the industry’s “greatest growth opportunity” lies in increasing room inventory with summer rates and occupancies ahead of 2022 comparatives by double digits.
