ZNS anchor stripped of $27,500 Scotia award
A ZNS TV anchor has been stripped of the $27,500 damages she won from Scotiabank (Bahamas) after the Court of Appeal found there was “no basis in law” to hold it responsible for her loss.
BOB to expand branch network
Bank of The Bahamas yesterday revealed it plans to buck the industry’s downsizing trend by opening two new branch locations on New Providence by September 2022.
Bahamas provider probed on $77m securities fraud
Regulators are investigating a Bahamas-based financial and corporate services provider that allegedly helped to conceal and transfer proceeds generated by a $77m securities fraud.
Nassau airport loss up 8-fold to $37.4m
The Nassau Airport Development Company’s (NAD) net loss rose more than eight-fold to $37.396m for the year to end-June 2021, exposing the full extent of COVID’s devastating travel impact.
THE GREAT RETURN: Airport to be swamped with arrival of 6,000 passengers on Saturday
The Bahamas’ major aviation gateway is confident it can escape another debt default waiver as it readies for “numbers we’ve not seen for two years” with 6,100 arrivals anticipated this Saturday.
HUBERT EDWARDS: Reigniting the debate on Bahamian taxation
The Bahamian taxation debate is reigniting. The country faces a narrow, and not so clear, path, but will have to confront its taxation regime soon.
Charter operator to ‘plead case’ to new NAD Board
A private charter operator is hoping to meet with the new Nassau Airport Development Company (NAD) Board so he can plead the case for his lease to be reinstated.
Construction urged: Stay ‘optimistic’ on 2022 work
The Bahamian Contractors Association’s (BCA) president yesterday urged the industry to remain “optimistic” about its recovery prospects with several major projects due to start next year.
ART OF GRAPHIX: Graphic gains from audience conversion
Graphic design is more than just aesthetics; it is a form of communication between your business and your audience. Businesses use graphics at every stage of the marketing process to inform, engage and eventually persuade prospective customers to make a purchase or take action.
‘Glaring deficiencies’: Sky chief defeats $33m ruling
A Supreme Court judge yesterday cited “glaring deficiencies” as he overturned a default judgment against Sky Bahamas’ principal over an alleged $33.4m “bogus loan conspiracy”.
Carnival transparency need is ‘quite obvious’
A governance reformer yesterday said there was “quite an obvious need for transparency” around the relationship between the Christmas Carnival and whichever political party is in power.
Chamber chief’s fear on minimum wage ‘timing’
The Grand Bahama Chamber of Commerce’s president says the private sector is not opposed to the concept of a minimum wage increase but, rather, the timing.
Holiday determination aids staff cost control
A senior hotelier yesterday welcomed the Government’s decision to clarify which two days will be designated as “holidays” this Christmas for better enabling the industry to control labour costs.
Sky Bahamas principal wins ‘tolerable victory’
Sky Bahamas’ boss yesterday said he “hopes and prays this never happens to anyone else” after a default judgment against him over an alleged $33.4m “bogus loan conspiracy” was overturned.
DPM blames airlines over health travel visa confusion
The deputy prime minister yesterday blamed the airline industry’s “slow communication” process for difficulties being encountered by Bahamians in boarding flights to return home.
