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Kerzner crowdfunding bid is ‘full systems go’

An equity crowdfunding platform spearheaded by the late Sir Sol Kerzner’s son yesterday said it is “full systems go” on bringing “transformational” change to the way Bahamian businesses are financed.

Freeport’s bonded regime faces ‘precarious situation’

Freeport faces “a very precarious situation” after Customs’ top official made clear the agency’s determination to disregard the city’s founding treaty as well as prior Supreme Court rulings.

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Employer liable to pay COVID test fees

The National Tripartite Council’s vice-chairman yesterday warned “a lot of employers are going to be very upset” to find they cannot mandate non-vaccinated staff pay for their own weekly COVID-19 tests.

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DANIEL FERGUSON: When competitive bids do not apply

Iwant to educate the Bahamian people about the process which allows the Government to forego competitive bidding processes in emergency situations, which allows them to request one bid for goods, works and services.

Realtors urged to be vigilant in fraud fight

The Bahamas Real Estate Association’s (BREA) president yesterday urged realtors to be more vigilant in combating fraud and increase their awareness of Know Your Customer (KYC) principles.

Small loans provider extends limits 50%

A Bahamian small loans provider yesterday said it has expanded its lending facility by 50 percent to help consumers rebound from the COVID-19 pandemic.

Shoppers’ grocery buys change little

Super Value’s president yesterday said consumer habits have changed little despite the rising cost of food as they opt for their “national brands”.

Mixed verdict over Independence sales

Merchants yesterday gave a mixed assessment of Independence Day sales with one claiming there was a lot of “enthusiasm” while another blamed low consumer turnout on COVID-19’s lingering impact.

Cabinet minister in panel on more resilient food systems

A Bahamian Cabinet minister will next Monday participate in a panel discussion on building more resilient food systems in the Caribbean.

Tourism to re-establish its BASE

The Tourism Development Corporation (TDC) yesterday said it was moving to establish an association that will represent the interests of tourist-related businesses throughout The Bahamas.

Crystal offering ‘resident special’ on local cruises

Crystal Cruises says it is introducing a Bahamas Resident Special for locals wanting to join its seven-night, week-long home porting voyages around the archipelago.

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ART OF GRAPHIX: Video marketing makes for much better viewing

Some marketing executives are caught in the conundrum of trying to decide whether to embark on a video advertising campaign or wondering why they are not already doing it.

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Union chief: Workers not feeling tourism’s rebound

The hotel union’s president yesterday said industry workers were yet to feel the benefits from tourism’s post-COVID resurgence with “no higher than 40 percent” of his members recalled to work to-date.

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Carnival’s GB port to double arrivals to 1m

Carnival’s Grand Bahama port will double the passengers it brings to the island to one million within three years of completion, economic forecasters have predicted, while boosting annual visitor spend by $68m.

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Cruise port eyes 1m visitors by end-2021

Nassau Cruise Port’s top executive yesterday said it could welcome one million visitors over the five months to year-end 2021 even if vessels call with just 60 percent average occupancy.