Minister’s pride on tourism ‘shake-up’
A Cabinet minister has voiced pride at “really shaking up” the Ministry of Tourism’s workforce after discovering that the nine percent aged under 30 accounted for nine out of 10 resignations.
Realtors close on reforms to 'take it to another level'
The Bahamas Real Estate Association’s (BREA) president says the industry is “almost there” with reforms to its governing Act that are designed to “take it to another level”.Christine Wallace-Whitfield, pictured, told Tribune Business that the propose
Bahamas ranked 81st in world for corporate bribery
The Bahamas 81st ranking in a new global bribery index must serve as a wake-up call to “keep our foot on the gas pedal” in the fight against corruption, governance reformers urged yesterday.
Tourism: No impact yet from coronavirus
A senior Bahamian tourism executive yesterday said the industry has suffered no impact “to-date” from the global novel coronavirus outbreak as it heads into the peak winter season.Robert Sands, Baha Mar’s senior vice-president of government and exter
BAIC's 160 staff warned to brace for workforce cut
Bahamas Agricultural and Industrial Corporation’s (BAIC) 160 employees have been warned to brace for job losses as the “heavily overstaffed” agency awaits the results of a manpower audit.Bishop Gregory Collie, its chairman, said Strivewise Performanc
Produce Exchange moves for upgrade
The Potter’s Cay Dock Produce Exchange is being temporarily relocated as part of a $20,000 refurbishment designed to alleviate health concerns that have existed since Hurricane Matthew. The Bahamas Agricultural and Industrial Corporation (BAIC) conf
Tourism honours its 'timeless treasures'
The Ministry of Tourism has honoured 17 of its “timeless treasures” with numerous accolades for longevity and serving the country’s major industry with distinction.“Over the years you’ve put your shoulder to the collective wheel and, with excellence,
Oil explorer extends fund offer by 3 days
“Sophisticated” Bahamian investors will have an extra three days to buy into the £2m mutual fund created to allow them to participate in local oil exploration activities. The offering period for the Bahamas Petroleum Company (BPC) sponsored fund will
Bay Street - it’s wrong way round
Downtown Nassau is failing to exploit its prime asset because many Bay Street buildings “are facing the wrong way”, a Cabinet minister has told Tribune Business.
'Slow, painful death' without corporate tax
A Bahamian financial services provider yesterday renewed calls for this nation to adopt a low-rate corporate income tax as the platform to prevent the industry “dying a slow, painful death”. Paul Moss, Dominion Management Services president, warned
Flight Services must cut ‘growing taxpayer draw’
Nassau Flight Services (NFS) must “reduce its ever-increasing draw” on Bahamian taxpayers, a Cabinet minister charged yesterday, after privatisation efforts proved unsuccessful.
Bahamas bank in managers buy-out
The majority buyout of a Bahamas-based bank by its existing local management team is only awaiting approval from the relevant regulators before it closes, it was revealed yesterday. The Swiss-headquartered SYZ Group confirmed in a statement that Bah
Labour chief's concern over Atlantis payroll
The government’s top labour official yesterday expressed disquiet that Atlantis appears to be moving ahead with switching to a bi-weekly payroll despite the hotel union’s objections.John Pinder, pictured, director of labour, said he was unsure “if it
Commission 'underplays' industrial hemp potential
The National Commission on Marijuana has “really underplayed” the potential economic impact of industrial hemp, an advocate for the drug’s legalisation charged yesterday. Terry Miller, head of the Bahamas Cannabis Research Institute (BACARI), veheme
National Trust: Cruise industry 'must get message' over waste
The Bahamas National Trust (BNT) yesterday said the cruise ship industry “must get the message that poor practices that damage our environment cannot be tolerated”. Eric Carey, its executive director, in a statement urged the government to release i
