Water Corp covers just 50% of its bills
The Water & Sewerage Corporation generates just 50 percent of the revenue needed to cover its bills, a top manager admitted yesterday, as Andros residents warned of a Crab Fest “nightmare overload”.
Andros resorts must be ‘brain surgeon’ to manage logistics
Andros resort and fishing lodge operators yesterday asserted “you have almost have to be a brain surgeon” to manage supply chain logistics with costs having jumped 25-40 percent “in the past year”.
Growing fly fishing's $150m impact hit by 25% guide loss
The Bahamas has lost 25 percent of the certified guides that are critical to maintaining its status as the world's "premier warm water fly fishing destination", it was revealed yesterday.
‘Monumental’ $1.067bn bond generates ‘best deal’ question
The Government’s $1.067bn bond refinancing was yesterday hailed as a “monumental transaction” that requires further explanation to determine if The Bahamas got “the best deal” possible.
Realtors compared to ‘plane in holding pattern’ on VAT move
The Bahamas Real Estate Association’s (BREA) president yesterday likened the profession to “a plane circling in a holding pattern” as it waits to see if the Government will alter proposed tax evasion curbs.
March shows Gov’t likely to miss full-year revenue
The Government’s March fiscal numbers indicate that VAT and many key revenue sources are likely to fall short of their 2024-2025 full-year targets, it was revealed yesterday.
Gov’t targets ‘white paper’ to be AI Caribbean leader
The Government is developing a ‘white paper’ on the benefits and downsides of artificial intelligence (AI) as it seeks to ensure The Bahamas becomes a Caribbean-leading hub for the technology.
Policy on AI being drafted by govt
WITH artificial intelligence (AI) becoming a fixture in everyday life and business, the Davis administration is drafting a national policy to safeguard Bahamians from its potential downsides.
Pleasant Bridgewater fails to overturn ban
An ex-PLP MP, who was one of two defendants in the $25m extortion mistrial involving Hollywood actor John Travolta, has failed to overturn the “improper conduct” ban on her practicing as an attorney.
Campbell hails Bahamas egg prices as he defends Golden Yolk project
Agriculture and Marine Resources Minister Jomo Campbell said The Bahamas was the first country in the region to provide locally produced eggs for less than $10 during the recent egg crisis.
KEITH ROYE II: Bahamas must meet the AI future head-on
Walk into almost any industry today and, whether it is finance, health care, tourism and even construction, you will hear about Artificial Intelligence (AI).
Health coverage for all public sector staff - and pay rises of up to 8% in September
ALL public sector employees will now have access to health insurance coverage, said Minister of Labour and the Public Service Pia Glover-Rolle yesterday - and added that there will be pay increases of two to eight percent in the public service coming in September.
Deadman’s Cay airport work to start ‘next month’
Construction of the runway at Deadman’s Cay airport is expected to begin next month and Long Islanders should see movement with the terminal within 60 days.
Taxi union supports move on unused plates - but calls government ‘reckless’
The Bahamas Taxi Cab Union is in full support of the government’s voluntary surrender exercise aimed “to encourage the return of plates that are no longer in active use and from which no revenue is currently being collected”.
Bahamian share offering for new water plant JV
Bahamian investors will be able to purchase an ownership stake in a new joint venture entity holding several Out Island water plants via its upcoming share offering, it was revealed yesterday.
