Attorney splits Privy Council over failed Colina challenge
An attorney yesterday split the highest court in the Bahamian judicial system down the middle with his ultimately unsuccessful challenge to the country’s largest life and health insurer.
‘Kick back’ likely over Out Island airport fees
The introduction of passenger user fees to finance Family Island airport redevelopment will cause travellers to “kick back” and initially soften travel demand, Bahamian aviation operators forecast yesterday.
‘$5m’ dispute closes boating fees portal
The online clearance portal for foreign boaters and yacht charters has been shut down amid disputed allegations that “$5m” in fees paid by the industry have not been passed to the Bahamian Government.
IAN FERGUSON: Converting customers into recurring clients
Converting new customers into loyal and repeat clients should be the top priority of every business, whether large or small. Customer retention is key to the success of any enterprise.
Flats fishing regulations undergoing ‘fine tuning’
DRAFT regulations for the flats fishing industry have been completed and are now with the Attorney General’s Office for “fine tuning”, a Cabinet minister said yesterday.
‘Credibility problem’ over deficit revision
The Opposition yesterday charged that the Prime Minister has “a very big credibility problem” after he gave conflicting reasons for revising the fiscal deficit downwards just a week after unveiling the mid-year Budget.
Reform to ‘decimate’ fiscal accountability
The Government’s bid to reform “deficiencies” in key public finance laws threatens to “absolutely decimate” fiscal transparency and accountability in The Bahamas, the Opposition charged yesterday.
‘Full picture’ missing on COVID food plan claims
The Auditor General should provide a “better picture” of the COVID food task force’s work, governance reformers said yesterday, after the Prime Minister accused one non-profit of using public monies for a $400,000 “spending spree”.
User fees to drive $263m Out Island airport upgrades
Bahamian and international travellers will ultimately have to pay user fees of up to $43 per person to finance the collective $263m redevelopment of the 14 Family Island airports put out to bid yesterday.
BPL suffers $64m loss during 2020
BAHAMAS Power & Light (BPL) incurred a $63.876m total comprehensive loss for the year to end-June 2020 with auditors reaffirming that its parent’s solvency remained endangered by “negative cash flows” and constant losses.
Village Road hits works as ‘total disappointment’
VILLAGE Road businesses yesterday slammed the Ministry of Works as “total disappointment” for failing to respond to fix property and sidewalk damage caused by the year-long roadworks.
Eggs ‘another cash cow Gov’t can milk’
A Bahamian agriculture entrepreneur yesterday voiced concern that the Government “sees another cash cow it can milk” to the detriment of existing producers with its $15m egg self-sufficiency project.
GB Power ‘clawing way back’ in 25% profit rise
Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.
Labour on Blocks fairs generate 3,000 jobs
The Government’s director of labour says the ‘Labour on the Blocks’ job fair series has resulted in employment for more than 3,000 Bahamian job seekers since last May.
Gas station dealers mulling shut down
Gas station dealers are mulling a sector-wide shutdown this month amid growing concern about the ability of the industry’s fixed price controlled-margins business model to cope with a variety of cost increases.
