Govt halts Nassau Flight Services sale
The government’s decision not to proceed with the Nassau Flight Services (NFS) privatisation is no reflection on the two final bidders’ quality, a top aviation official revealed yesterday. Algernon Cargill, director of aviation, confirmed to Tribune
'Don't become paralysed' by financial sector attrition
The Bahamas “must not become paralysed” by continuing financial services industry attrition, an ex-attorney general warned yesterday, urging to it instead rapidly “re-engineer” the sector. Alfred Sears QC, pictured, acknowledged to Tribune Business
Activist demands 'action, not talk' on cruise ships
The government’s renewed pledge to crack down on cruise ship dumping in Bahamian waters was yesterday branded by an environmental activist as “more hot air until we see some real action”.
'Separate zoning' for hemp, medical marijuana strains
The Bahamas must zone “separate regions” for industrial hemp and medical marijuana to avoid “cross-pollination” and ensure both become sustainable industries.The Bahamas National Commission on Marijuana’s preliminary report, tabled in the House of As
Bank contraction threatens 'way of life' for Bahamas
The opposition’s shadow finance minister yesterday warned the “way of life for many Bahamians is under threat” to the continual loss of institutions and jobs in the financial services industry.Chester Cooper, the Progressive Liberal Party’s (PLP) dep
'Regional unity' urged over financial services
The opposition’s shadow finance minister yesterday urged “regional regulators to unite” and ensure external forces play no role in “determining the fate of our local banking systems”. Chester Cooper, pictured , also deputy leader of the Progressive
ART OF GRAPHIX: Getting animated over movement
Whether it is movies, cartoons, short films or advertisements, humans love watching animated characters on screen. Animation creates an entirely different world for the viewers. But do you realise how much work goes into creating these animation film
Telecoms auditor touts 12-25% client savings
A telecommunications audit specialist says its recommendations can often help Bahamians companies slash their monthly phone bill by between 12-25 percent.“Many businesses tend to accept utility bills as they come, assuming there’s nothing they can do
Port Authority adds to corporate affairs
The Grand Bahama Port Authority’s (GBPA) affiliate, Port Group Ltd, yesterday announced the appointment of Glendia Sweeting as its manager of group corporate affairs. Philcher Grant, Port Group Ltd’s director of group corporate affairs and governmen
Foundation raises $75,000 for Fyre Festival's victims
An Exuma-based foundation yesterday said its Global GoFundme campaign has raised $75,300 to ease the pain of Fyre Festival victims. The Exuma Foundation, in a statement, said: “Many Bahamians took a financial hit from the festival, either through un
Govt moves over EU fund concerns
Legal reforms debated in Parliament yesterday are designed to “address concerns” preventing the European Union (EU) from fully accepting The Bahamas’ investment funds regulatory regime. Ellsworth Johnson, minister of financial services, trade and in
Financial provider to unveil new $25m corporate office
The prime minister will attend Monday’s groundbreaking for the Leno Group’s new $25m corporate head office at the top of Collins Avenue’s hill. Designed by Bahamian architect, Wellington Woods, the five-storey glass and steel building will enable th
‘ALL HOMES MUST HAVE INSURANCE’: Leading insurer warns mandatory cover has to be on agenda after Dorian
Bahamas First's chief executive yesterday said laws making it mandatory for all business and residential property owners to have full catastrophic insurance cover "must be on the table for discussion".
Bahamas rejects IMF's $200m Dorian offering
The Bahamas will not be taking up the International Monetary Fund’s (IMF) offer of up to $200m in concessionary funding for Hurricane Dorian recovery, the deputy prime minister confirmed last night.K Peter Turnquest told Tribune Business via a messag
Economy fears: Bahamas ranked world's sixth most expensive state
The Bahamas’ ranking as the world’s sixth most expensive nation to live in highlights “a fundamental challenge related to the country’s economic viability”, it was argued last night. Matt Aubry, the Organisation for Responsible Governance’s (ORG) ex
