Getting 'back into business' critical to poverty battle
The Bahamas must get its economy "back into business as quickly as we can" to combat the rising poverty and inequality exposed by a recent household survey, the deputy prime minister said yesterday. K Peter Turnquest told Tribune Business this was t
Planning bottlenecks a 'recipe for disaster'
A prominent developer yesterday said its "frustration level is super high" over planning "bottlenecks" that present "a recipe for disaster" in efforts to revive the Bahamian domestic economy. Franon Wilson, Arawak Homes president, told Tribune Busin
Harbour Island legal war settled
A Harbour Island developer and his former project manager have this week settled their $1m legal dispute in the California courts, Tribune Business can reveal. Documents obtained by this newspaper reveal that Michael Wiener, 4M Harbour Island's prin
BAIC chief meets with 'milk stand' businesses
The Bahamas Agricultural and Industrial Corporation's (BAIC) newly-appointed general manager has visited the small businesses occupying its "business depots" throughout New Providence. Rocky Nesbitt said the state-owned agency fully supported these
How to detect if you are a micromanager
With so many employees now working from home, corporate leaders are becoming concerned that some are not fully engaged in work assignments. As a result, many have resorted to micromanaging their staff by making excessive Zoom and telephone calls. Mi
Cable Bahamas accepts payment via MobileAssist
Cable Bahamas has become the second utility company to accept bill payments via the MobileAssist app, the latter announced yesterday. The BISX-listed communications provider joins The New Providence Water Development Company (NWPDC) in taking custom
PHA chief appealing tender 'abuse' Order
The Public Hospitals Authority's (PHA) procurement chief is appealing the dismissal of his defamation lawsuit against an auditor's findings that alleged he "abused" his employer's tendering process. Dr Marvin Smith, who heads the PHA's Supplies Mana
Retailer expands on to Bay Street
A Bahamian retail entrepreneur yesterday revealed he is expanding to Bay Street through a $700,000 investment that will create 20 jobs, adding: "There's always opportunity in the midst of crisis." Andrew Wilson, the Quality Business Centre (QBC) and
Governor eyes 'savings bonds' to aid resiliency
The Central Bank's governor yesterday said "savings bonds" are being eyed to boost financial resiliency after it was revealed less than four in 10 Bahamian households had sufficient reserves when COVID hit.
Stem cell provider's $7.5m insolvency
A pioneering Freeport-based stem cell therapy provider had just $335,218 in cash to cover more than $13m in liabilities when it was placed into Supreme Court-supervised liquidation. The full extent of the Okyanos Centre for Regenerative Medicine's f
Activist urges ban on new cruise line private islands
A Bahamian environmental activist yesterday called for "a ban" on any further cruise line private islands in this nation, and demanded that the industry "clean up its act". Sa
ART OF GRAPHIX: Making a graphic impact in social media marketing
Social media has always been visually-led, and the rise of platforms such as Facebook, Twitter and Instagram suggests the trend is continuing. It is well-documented that posts across virtually all social networks perform better if they contain great
Cruise port unveils 'Safe Travels' boost
Nassau Cruise Port yesterday said its designation as a 'Safe Travels' partner should give cruise passengers and tourism industry stakeholders a major confidence boost amid COVID-19. The Prince George Wharf developer/operator said the internationally
Minister denies weak fishing enforcement
A Cabinet minister yesterday denied the Government has been soft on illegal poaching and foreign fishermen approvals, citing the refusal to grant more compressor permits as a tightenin
Retailer: 'Too many COVID unknowns'
Retailers yesterday said uncertainties over the Government's COVID-19 strategy are creating “too many unknowns” and inhibiting their ability to plan effectively for the future. Egan K
