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.
PM told: ‘Stop throwing rocks’ at Port Authority
A group of Grand Bahama Port Authority (GBPA) licensees plans to intervene in its escalating dispute with the Government as the Prime Minister was yesterday urged to “stop throwing rocks and come to the table”.
Downtown Nassau given Business Licence warning
Downtown Nassau property and business owners were yesterday warned that their Business Licence applications may not be approved if they fail to properly maintain their premises and keep them clean.
Foreign buyer VAT rise gains ‘90-day transition’
A Cabinet minister yesterday confirmed the Government is allowing a 90-day “transition period” so that foreign purchases of real estate valued at under $1m - and already subject to sales agreements - can close at existing VAT rates.
Pinder: Cruise lines wanted three years for tax phase-in
Attorney General Ryan Pinder revealed that cruise lines wanted a six-month phase-in period for increased passenger taxes.
$30m loan from Afreximbank taken up to develop business
The Bahamas Development Bank will receive a loan of $30m for business development, it was announced yesterday.
DEIDRE BASTIAN: Bad customer service will kill your business
We have all experienced poor customer service. Sometimes the issue can be small, such as waiting in a long queue, or much broader due to receiving a completely different product or service compared to what was expected. Whatever the case, negative experiences leave customers deeply unsatisfied and hesitant to patronise that company in the future.
Gov’t closely scrutinises China, global oil prices
A Cabinet minister says the Government is “monitoring global events”, especially oil prices and the Chinese economy’s strength, to ensure such factors do not “undermine” recovery at home.
Businesses call for rapid transition to renewables
Bahamian businesses yesterday called for a more rapid transition to solar and other forms of renewable energy after Bahamas Power & Light (BPL) confirmed that it has resumed load shedding.
