Poultry farmer’s eight year land wait persists
AN ABACO poultry farmer was yesterday still waiting for the Government to give him ownership of his property despite the transaction being verbally approved by the Prime Minister.
Electric auto dealer targets 30% of market in five years
A Bahamian dealer yesterday forecast that electric vehicles will account for 30 percent of all new auto sales within five years despite rivals’ concerns that this nation must first “catch up on the back end”.
Cruise port eyeing Ritz-Carlton boost
Nassau Cruise Port executives yesterday voiced optimism that Monday’s visit by Ritz-Carlton’s first “large yacht” will expand into multiple calls that diversify its vessel mix and bring higher-spending visitors to downtown.
Advocate: SMEs must take blame on Business Licence
A small business advocate says the blame for Business Licence delays falls largely on the sector and not a government which is seeking to “squeeze every dime” out of entrepreneurs by the March 31 deadline.
NIB staring at $95m loss as pension deficit builds
A Cabinet minister yesterday warned the National Insurance Board (NIB) will lose $95m this year unless contribution rates are raised with the pensions branch alone incurring a monthly $4m deficit.
‘It’s time to settle’ 11-year Gov’t compensation wait
A prominent realtor last night asserted “it’s about time for them to settle” after his family’s more than 11-year wait for compensation survived the Government’s bid to slash the payout by over $120,000.
Investment Authority’s reforms set for ‘roll-out’
The Deputy Prime Minister yesterday said a “roll-out plan” for reform of the Government’s main investment agency will be unveiled in upcoming weeks amid a drive to “make doing business easier”.
Ex-PM backing four lanes ‘all the way to Lyford Cay’
A former prime minister yesterday backed research calling for a four-lane highway to be constructed between the airport and Old Fort Bay to ease escalating traffic congestion in western New Providence.
New judge’s law firm loses unpaid bill fight
A law firm whose principal is a newly-named Supreme Court judge has lost its bid to recover an unpaid $24,544 legal bill because it failed to properly present its evidence before the court.
GB Power union: ‘We’ll never give up the fight’
A trade union leader yesterday pledged to “never give up the fight” after the Court of Appeal overturned an Industrial Tribunal verdict that it won previously against Grand Bahama Power Company.
SEBAS EYES $200M INVESTMENT IN HOTEL: Project set to create over 500 jobs when done
Sebas Bastian’s Brickell Management Group is entering the resort industry with a 226-unit condo hotel as part of a $200m western New Providence development set to create over 500 full-time jobs at completion.
Customs ‘almost there’ on Click2Clear restart
CONFUSION last night surrounded Customs’ efforts to restore its electronic import clearance system, which has been offline for the past week, even though a senior officer said: “We are almost there.”
Construction industry outlook ‘looking great’
BAHAMIAN professionals yesterday said “things are looking great” for the construction industry in 2023 with multiple new projects anticipated to break ground during the year.
BOB eliminates ‘external influences’ of past rescue
Bank of The Bahamas has “eliminated a lot of the external influences” that helped produce two taxpayer-funded rescues, its top executive has revealed, with the institution “on track” to hit this year’s $8m-$9m profits target.
‘Land locked’: Cable Beach restaurant help backfires
A landlord’s bid to prevent its Cable Beach restaurant tenant from becoming “land-locked and inaccessible” to customers has backfired after the Supreme Court rejected its claim to ownership of a key asset.
