Gov’t moves to expose small business ‘vision’
A CABINET minister says the Government is seeking to highlight “the ingenuity, talent and vision” of Bahamian entrepreneurs as part of small business month.
Tanks ordered to solve Eleuthera’s water woe
A Cabinet minister yesterday said the Government has ordered two one-million gallon water storage tanks for central Eleuthera to ease ongoing supply shortages and disruption.
Lettuce case price up 119% above ‘normal’
FOOD retailers yesterday warned that vegetable prices will continue to increase with the cost for a case of lettuce soaring by 119 percent compared to normal times.
‘Stellar 2023’: Crowdfunding platform targets $26m raises
A Bahamian crowdfunding platform yesterday predicted 2023 “will be a stellar year” for capital raises with investors seeking a collective $26m set to approach the market between now and end-March.
Bahamas beats pre-COVID tourism volumes by 25.8%
The Bahamas has finally beaten pre-COVID tourism volumes as higher-spending stopover visitor arrivals for September exceeded 2019 numbers by almost 26 percent, it was revealed yesterday.
Central Bank holding steady as reserves drawdown gains pace
The Central Bank yesterday maintained its prediction that The Bahamas’ external reserves will end 2022 ahead of prior year levels even though October’s decline exceeded 2021 by some $58.3m.
Cable to appeal URCA fines over TV ‘quality’
Cable Bahamas is pledging to appeal the adverse findings and fines levied against it following a probe into the “quality of service” provided to its pay-TV customers during the 2021 calendar year.
Deltec tight-lipped over 17 accounts tied to FTX, Sam Bankman-Fried
A Bahamian bank and trust company was yesterday tight-lipped over court documents showing that FTX and entities controlled by its besieged founder, Sam Bankman-Fried, held no fewer than 17 accounts with it.
CBS sees 41% Black Friday sales increase
CBS Bahamas yesterday said Black Friday sales increased by 41 percent compared to pre-pandemic 2019 as Bahamians moved to beat supply chain backlogs through acquiring Christmas gifts early.
This year’s Black Friday successful for local businesses
LOCAL businesses said Black Friday was successful this year as customers dashed to the stores to catch the sales. The Tribune canvassed several businesses on Black Friday, which was on November 25.
Marina chief suffers ‘worst Thanksgiving in 30 years’
A former Association of Bahamas Marinas (ABM) president says he has suffered “the worst Thanksgiving in 30 years” while linking the drop-off in boating traffic directly to VAT’s imposition on foreign yacht charters.
NGOs cleared on terrorism: High risks’ $150m turnover
All Bahamian non-profit groups have been cleared of any involvement in financing terrorism with those deemed to present a “higher” risk found to collectively control some $150m in turnover.
AG tells world: Don’t blame us over FTX
The Attorney General last night blasted that it was “a gross oversimplification of reality” for the world to blame The Bahamas for FTX’s collapse as no country had moved “as quickly” to tackle the crypto exchange’s implosion.
PM told: $22m savings if BPL fuel trades done
A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.
DEREK SMITH: Happy workers keep a company on track
Identifying potential employee-related risks is the goal of human resource risk management. Businesses can avoid possible issues by ensuring they hire the right employees. It is vital to mitigate employee-related risk to maximise revenue, reputation, profitability and other aspects of their operations.
