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Renewable fear over BPL bond

A union leader has voiced fears that Bahamas Power & Light (BPL) will be unable to meet repayments on its $580m bond as its largest, wealthiest customers race to adopt renewable energy.

Bahamas featured at Lauderdale art show

The Bahamas was prominently featured at the four-day Art Fort Lauderdale fair, where one luxury home featured Junkanoo pieces and other cultural selections including music. The home designated “Bahamas Haus” was co-sponsored by the Ministry of Touri

Consumers urged: Take charge of energy reform

Renewable energy advocates are urging Bahamian consumers to “take charge” of their consumption and become more “independent” if they are to lower costs and be more environmentally-friendly. Philip Feller, general manager of SuperGreen Solutions, spea

IAN FERGUSON: The science of good leadership

Leadership behaviours, and skills that contribute to superior performance, are known as the leadership competencies. Companies can help identify and develop next generation leaders by adopting a competency-based approach. Managers, aspiring managers

Opposition slams $120m non-Dorian spending hike

The opposition’s shadow finance minister has slammed the government’s decision to increase non-Dorian spending by $120m, branding it a “farce designed to mislead the Bahamian people”. Chester Cooper, also the Progressive Liberal Party’s (PLP) deput

Energy 'band aids' won't combat climate change

The Bahamas needs a “long-term plan” to fix its energy woes, a Chamber of Commerce executive is arguing, adding: “Band aids only cover the wound.” Debbie Deal, head of the Chamber’s energy and environment division, told a Democratic National Alliance

Bahamian realtor hails 75th birthday

A well-known Bahamian real estate firm is celebrating its 75th anniversary thanks to its founder spotting the island’s second home potential just after the Second World War ended.Nick Damianos, a descendant of Greek immigrants who arrived in Nassau i

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Compass Point owner issues licence warning

Compass Point’s owner yesterday warned he will not renew his hotel licence for 2020 until the government agrees to support an examination of how the resort industry’s regulation can be improved. Leigh Rodney, the West Bay Street-based property’s pro

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'Uncharted territory' on $508m deficit blow-out

The Bahamas is in “almost uncharted territory” over its unplanned $508m post-Dorian borrowing, a Fiscal Responsibility Council member said yesterday, while warning: “Rome wasn’t built in a day.” Gowon Bowe, who represents the Bahamas Institute of Ch

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Govt seeks extra $120m for non-Dorian spending

The government plans to borrow almost $120m to cover unbudgeted non-Dorian spending deemed “imperative for orderly, stable, sustainable and resilient governance”, it was revealed yesterday. K P Turnquest, pictured , deputy prime minister, detailed s

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$200m tax breaks drive revenue fall

A “sizeable proportion” of the $232.55m in foregone Dorian revenues relates to recovery zone tax breaks, the Ministry of Finance’s top official confirmed yesterday, Marlon Johnson, the acting financial secretary, said the government had taken “a ver

Consumer watchdog's zero regulation 'teeth'

The government’s consumer watchdog lacks enforcement “teeth” because it has zero regulations to support its activities, its chairman adding that planned changes will “bring us into the 21st century”. Philip Beneby, the Consumer Protection Commission

Bahamas races to fill aviation safety gaps

Aviation chiefs yesterday pledged to double The Bahamas’ compliance score after global regulators found it had implemented less than one-third of the required “safety oversight” regime. Captain Charles Beneby, the Bahamas Civil Aviation Authority’s

Aviation concern on 'deviation from optimum safety'

Private aviation operators yesterday warned that “any deviation from optimum safety is a concern” after it was revealed that The Bahamas was just 32 percent compliant with global standards. Anthony K Hamilton, president of the Bahamas Association of

Bahamas takes 'Sabbatical' with Airbnb for visitor boost

The Bahamas’ latest partnership with Airbnb is designed to further boost post-Dorian tourism and encourage locals to develop sustainable cultural and environmental offerings, officials said yesterday.Joy Jibrilu, the Ministry of Tourism’s director-ge