Minister and MP out as $2.4m claim defendants
A CABINET minister and current MP have been removed as defendants to a $2.405m unfair dismissal claim brought by the Water & Sewerage Corporation’s former general manager.
Aliv addresses 50% data demand growth
Aliv’s top executive says the COVID-19 pandemic has driven a 50 percent increase in data demand as it works on finalising a $70m loan from its controlling shareholder.
Grand Lucayan deal merits under review
Consultants have been hired to review the Grand Lucayan deal’s merits amid growing doubts that it now delivers the promised benefits to the Bahamian people, Tribune Business can reveal.
Liquidator concern on $8m taken from collapsed broker
A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.
Abaco to meet Gov’t on ‘number one issue’
ABACO’s private sector is scheduled to meet with the Government today to resolve the “number one question” that is the fate of the island’s post-Dorian Special Economic Recovery Zone.
‘Abandoned’ Sky staff claim $740,000 owed
Some 40 former Sky Bahamas employees will appear before the Industrial Tribunal today claiming that the former airline has “totally abandoned” them and the collective $740,000 it owes.
Bitcoin – The new gold or another supernova moment?
ActivTrades
By the current year’s standards, 2017 was pretty average.
Public officials need to ‘un-think’ how they work
THE Government’s digital transformation initiative requires public officials to “un-think” their traditional approach to serving the Bahamian people, a Cabinet minister has said.
UN body teams to aid local MSMEs
THE Organisation for Responsible Governance (ORG) has teamed with a United Nations (UN) body for an initiative designed to aid Dorian-ravaged micro, small and medium-sized enterprises (MSMEs).
Bahamas targets summit for conference planners
THE Bahamas was the only international destination represented and presenting at the recent National Coalition of Black Meeting Professionals (NCBMP) conference under the theme Focused and Empowered.
Bay Street nervous on cruise return wait
A DOWNTOWN Nassau restaurant owner is hoping cruise tourism can make a full rebound earlier than 2021 given that 60 percent of his business is generated by that industry.
Retailers ‘scared’ on emergency extension
RETAILERS say the Government’s extension of its COVID-19 emergency powers Order through to December 28 threatens to create more uncertainty for the key Christmas shopping season.
BPL's Shell MoU hits its expiry date
Bahamas Power & Light's (BPL) chairman yesterday confirmed a key agreement with Shell for New Providence's new power plant has expired amid suggestions the Government may approach "other parties".
'Grey clouds' must lift to get Cable dividends
Cable Bahamas' top executive says dividend payments to ordinary shareholders will only resume after "some of the grey clouds" presently hovering over the Bahamian economy disappear.
No full cruise rebound forecast until late 2022
Nassau Cruise Port's controlling owner has warned industry stakeholders that full recovery may be two years away with 2019 passenger numbers not returning until the 2022 second half.
