Chamber director calls for end to Shell talks
A Chamber of Commerce director yesterday urged the Government to move on from Bahamas Power & Light’s (BPL) talks with Shell and seek alternative options.
Minister optimistic on growing employment
A Cabinet minister yesterday said he is optimistic that more Bahamians are being recalled to work ahead of the furlough period’s December 13 end.
BPL’s Shell deal process ‘oblique’
Bahamas Power & Light’s (BPL) efforts to outsource electricity generation on New Providence were “oblique” and not fully transparent over a deal ultimately won by Shell North America.
$2m BPL microgrid winner’s deal offload
The winning bidder to develop Ragged Island’s $2m solar microgrid, on the same day it signed the deal with BPL, assigned all project rights to an entity that failed to make the final tender round.
Ex-minister: Extra $90m shows our policies working
An ex-Cabinet minister yesterday urged the Government to build on “the positive trend and headroom” left by the Minnis administration after revenues exceeded their first quarter target by $90m.
Atlantis confirms Coral re-opening
The hotel union’s president last night said the impact from Atlantis’ plan to re-open the Coral Towers in November will be determined by the number of employees recalled to work.
Pirate-themed operator eyes 250-job destination
A Bahamian entrepreneur yesterday said he is seeking government support to create a new excursion destination that could generate up to 250 jobs and “significant opportunities” for Bahamians.
Gov’t $90m ahead of revenue target
The Government beat its 2021-2022 first quarter revenue targets by $90m, a top official has revealed, while also disclosing that the Government’s revised Budget will not increase the deficit.
Avoid furlough end ‘double whammy’
The Grand Bahama Chamber of Commerce’s president has warned that the furlough period’s end must be “well thought-out” to avoid inflicting a “double whammy” on workers and businesses.
‘Practice what you preach’ call over climate change
Environmental activists yesterday warned The Bahamas must “practice what it preaches” to secure financial assistance at an upcoming global summit to help minimise climate change impacts.
Fisheries backs Gov’t for ‘small detail’ focus
The Government was yesterday praised for focusing on “the small details” that could greatly improve the ease of doing business for Bahamian commercial fishermen.
THE ART OF THE DEAL – TRUMP’S RETURN
ActivTrades
WHILE mainstream in the US, the vehicle of a SPAC also found its way into Europe in the beginning of 2021 and changed the IPO (initial public offering) landscape.
Family Islands: We must learn to live with COVID
Family Island businesses yesterday said The Bahamas must learn to live with COVID-19 as it did with HIV in the early 1980s amid an ongoing infection spike in their communities.
HUBERT EDWARDS: Bahamas requires open reckoning on challenges
The economic recovery for The Bahamas must be urgent, broad-based, strategic and focused on multiple areas at the same time. Every effort must take on a holistic approach, designed to secure fundamental and sustainable fixes for the issues that have plagued the country for decades, and create economic growth but not just for the initial recovery. Anything that is otherwise will be detrimental to the long-term well-being of the nation. In this piece, I look at some select areas of the recent Speech from the Throne.
Farm slams 29-year wait for Crown grant
An Abaco farmer has slammed multiple administrations for “unkept promises” when it comes to providing a Crown Land grant for property they have spent more than 29 years developing.
