Ministerial ‘intervention’ call as Morton Salt releases 24
The minister of labour was yesterday urged to “intervene” in the planned termination of 24 Morton Salt workers amid union complaints that the company had failed to follow the law or their industrial agreement.
NAD plans $28 private aviation passenger fee
Aviation operators yesterday described fees as “a dirty word” after Nassau’s main gateway unveiled plans to create equality between commercial and private plane passengers by levying a $28 charge on the latter.
Pearl Island happy to have ‘survived’
A Bahamian destination provider yesterday said it is preparing to receive its first post-COVID cruise ship guests this Thursday after hotel clients kept it afloat over the past several months.
Bahamas First severs Colina General tie-up
Bahamas First has issued Colina General Insurance Company with 90 days’ notice that it plans to terminate their agency relationship because of the latter’s parent re-entering the underwriting business.
BICA president: Tough times increase fraud
The Bahamas Institute of Chartered Accountants (BICA) president yesterday said tough economic times often result in an increase in fraudulent activity as persons turn to such activities to “make ends meet”.
Inspection outsource to cut approval ‘bottleneck’
Construction professionals yesterday said that allowing licensed engineers and architects to perform third-party building inspections will help “reduce the bottlenecks in the Ministry of Works”.
‘Perfect storm’ triggers forensic accounting rise
Bahamian accountants have revealed a significant increase in demand for forensic services to detect potential financial crime, and trace assets, arising out of the economy’s post-COVID emergence.
COVID like ‘bad nightmare that won’t go away’
Bahamian businesses were last night bracing for the imposition of additional restrictions to combat “out of control” COVID-19 infection rates, with one saying: “It cannot be business as usual.”
Top hotelier: COVID cases ‘unacceptable’
The Bahamas’ top hotelier last night branded soaring COVID-19 case numbers as “unacceptable” and backed the government imposing “prudent” measures and conditions to control the outbreak.
Law change to open building inspections
The government is planning to reform construction-related laws so that licensed architects and engineers can approve building works performed by their counterparts, the deputy prime minister has revealed.
Inflation, structural or transitory?
ActivTrades
MUCH has been said about the recent escalation in consumer prices, which some see as the result of the economic boom and logistical issues arising in the aftermath of the pandemic, likely to soon start fizzling out. However, others view the situation as something more serious that is likely to linger on for years.
Govt must talk less, show more over procurement transparency
It was really not my intention to write another article before September, but so much has been happening on the public procurement front lately that I believe I am duty bound to respond to these issues.
Farmer gains 2,500 clients over backyard consultancy
One farm has pivoted to providing backyard farming consultancy services to more than 2,500 persons as a result of the COVID-19 pandemic’s impact on incomes and food security.
Businesses support Govt over extending COVID emergency
Several Bahamian businesses are backing the government’s move to extend its COVID-19 emergency powers beyond August 13 on the basis that Bahamians need to be protected from themselves.
IAN FERGUSON: Minimising COVID risk for business travellers
As we closed borders, cancelled events and self-quarantined at home on a mass scale, the travel industry - as well as most other sectors - began its plummet into a tailspin. The collective effort to save lives meant economic catastrophe for an industry that profits from people leaving their homes. The wound inflicted by the pandemic on the travel industry is deep, and it has not stopped bleeding yet.
