How to prepare for those inevitable security threats
THE management of risk has been a crucial and complex undertaking for businesses globally. Its efficient and effective handling requires solid corporate governance. Every business must protect themselves against the risk of potential interruption by fully assessing their vulnerabilities and deploying mitigating controls. One such risk is fraud.
GOV’T STANDS FIRM ON FOREIGN FISHERIES BAR
A CABINET minister says the Government will not abandon legal reforms that bar foreigners from working on Bahamian-owned fishing vessels despite push back from major wholesalers and processors.
BAIC chief says union rejected ‘olive branch’
THE Bahamas Agricultural and Industrial Corporation’s (BAIC) general manager last night accused the trade union representing its line staff of rejecting “the olive branch” he offered upon taking office.
Economy cannot hit 5k annual new jobs need
The Bahamas will never generate the 4,000-5,000 new jobs that it needs per year over the next two decades by remaining reliant on its ‘twin pillar’ economic model, a top attorney warned yesterday.
Oil opponents: BPC gives us ‘no choice’
OIL exploration opponents last night said they have “no choice” but to apply for an injunction halting Bahamas Petroleum Company’s (BPC) activities as its drilling ship began its voyage to this nation.
Resorts voice fears on COVID ‘seeds of doubt’
A HARBOUR Island hotelier is hoping that the “seeds of doubt” sown by COVID-19 lockdowns and other restrictions will evaporate once the Government “lands” on a more consistent approach.
Central Bank expands its demolition to Post Office
The Central Bank yesterday said it was asked to extend the demolition work for its new headquarters to also include the take-down of the General Post Office building across the street.
URCA unveils changes to its pricing structures
The Bahamas’ communications regulator yesterday said pricing structure changes for satellite services and FM spectrum bands will take place within the next few months.
Early 2021 for disaster management regulation
The Bahamian communications industry regulator yesterday said disaster management regulations for the sector will be implemented by early 2021.
Gymnastics centre fails to find rebound ‘miracle’
A Grand Bahama fitness centre and gymnastics school has permanently closed after failing to pull- off the “miracle” needed to rebound from Hurricane Dorian’s destruction of its facilities and equipment.
IAN FERGUSON: Motivating workers to the benefit of all
Employee benefits are any form of compensation paid to employees over and above their regular salary or wages. Employee benefits come in many forms, and are an important part of the overall compensation package offered to workers. Here we outline three common examples of small business employee benefits that will prove most beneficial in 2021.
Fisheries split deepens on proposed foreign bar
THE fisheries industry’s divide over plans to bar foreigners from working on Bahamian-owned boats deepened yesterday as the two sides hit out at the positions each have taken.
Investigators: Get Sky’s records for fate of $28m
FORENSIC investigators have urged Sky Bahamas’ main financier to subpoena its accounts via the Supreme Court so the fate of more than $28m advanced to the failed airline can be determined.
Bahamas to get $60m for COVID battle boost
The Government is set to borrow $60m to boost the public health sector in its fight with COVID-19 and eliminate the paper-based system it employed to manage the crisis up until August 2020.
‘Enormous sum’ for senator’s relatives
THE Auditor General says a Senator’s relatives stand to earn “an enormous sum” from leasing their Gladstone Road property to a government agency that typically loses over $1m per year.
