Andros initiative set to create up to 700 jobs
A former Chamber of Commerce chief executive yesterday said 700-plus jobs are forecast to ultimately be created after Andros' community-based Tourism Cluster Development Programme launches on June 29-30
Just 8% of arable land being used for farming
Just 8 percent of all land allocated for Bahamian farming is presently being used for such purposes, it was revealed yesterday.
Andros resorts target 30 extra employees
Two Andros resorts will be seeking a combined 30 new recruits at a job fair scheduled to be held in the 2023 second half, it was revealed yesterday.
Doctors targets share offering for end-August
Doctors Hospital is targeting end-August 2023 for a share offering that will give more Bahamians an ownership interest in the healthcare provider just as it aims to “near double” pre-COVID’s $60m annual revenues.
Wendy’s says PI ambition not over despite reverse
The Wendy’s and Marco’s Pizza operator last night asserted it has not abandoned its Paradise Island ambitions despite the planning appeals board overturning the approvals previously granted for the former Scotiabank site.
‘Worst deal in history’ to give Gov’t $78m in 2023
Nassau Cruise Port yesterday estimated it will generate more than $78m for the Government during the 2023 calendar year after a Cabinet minister blasted the project as “the worst deal in Bahamian history”.
FTX chief: I’ll tie US up in Bahamas ‘for years’
FTX’s founder has warned he will use the Bahamian judicial system to block efforts to bring additional fraud, bribery and corruption-related charges against him “for years” by going all the way to the UK-based Privy Council.
Handle downsizing with necessary care
In business, downsizing refers to reducing operating costs and making a company leaner. It is often is described as ‘trimming the fat’. This involves reducing the size of the workforce, closures and making the various units more productive and efficient. The aim of downsizing is to restructure a company in order to make it more competitive. It is a natural progression in terms of its development.
Credit union’s $1m wind-up nears end
More than two-thirds of the cheques representing outstanding funds owed to hundreds of the One Eleuthera Cooperative Credit Union’s (OECCUL) members were signed over the weekend, its liquidator confirmed yesterday.
Minnis: Gov’t eyes app to control expenditure
Former Prime Minister Dr Hubert Minnis blasted the government yesterday for the level of taxation, wasteful spending and lack of fiscal accountability.
‘3,000 find jobs’ thanks to Labour on the Blocks
The Department of Labour’s “Labour on the Blocks” initiative has helped 3,000 Bahamians find jobs, said Minister for Immigration and Labour Keith Bell yesterday.
System could warn over warrants when drivers renew their licenses
THE government is in discussions with Trinidad to implement a road traffic portal that connects a driver’s license and vehicle registration with outstanding warrants and tickets - prohibiting them from renewing until issues are resolved.
Public access for disabled a priority, says minister
Public buildings are being refitted with wheelchair ramps to make them more accessible to disabled members of the public, Minister of Works and Utilities Alfred Sears revealed yesterday.
Superwash chief slams ‘bold faced lie’ on washer tax cuts
A former FNM Cabinet minister yesterday slammed as “a bold faced lie” assertions by the Prime Minister and public service minister that the administration in which he served granted his business beneficial tax breaks.
Gov’t warned: Don’t dictate how private sector invests
The Government cannot appear to be dictating how private companies invest their monies, a well-known banker is warning, following the furore over insurers possibly having to hold a “minimum” 50 percent of assets in public sector securities.
