Consumers 'disgruntled' on plastic bag transition
Super Value’s principal yesterday admitted “there are disgruntled customers” over the 25 cent per plastic bag charge, adding that the transition had “not been accepted as I had hoped”. Rupert Roberts, pictured, told Tribune Business: “I would say tha
Long Island vacation rentals hit by Dorian
Long Island has been hit by Hurricane Dorian fall-out, its Chamber of Commerce president revealed yesterday, with vacation rental bookings significantly down on prior years. Cheryl de Goicoechea told Tribune Business that her own Airbnb properties “
Farmers to receive $1.2m Dorian aid during January
A Cabinet minister yesterday said the government will this month release some $1.2m to deal with farmers’ “emergency needs” some four months after Hurricane Dorian’s passage. Michael Pintard, minister of agriculture and marine resources, told Tribun
Miller's lease breach damages 'over $66m'
A former Cabinet minister may seek more than $66m in damages after the Supreme Court found that the government’s lease of his shopping plaza is “valid and binding”, it was revealed yesterday.Damian Gomez QC confirmed to Tribune Business that Justice
Deltec slams ‘inaccurate’ claims on broker’s failure
A major Bahamian financial institution has slammed “inaccurate and unsubstantiated” allegations that it played a “conflicted” role in the collapse of a local investment advisory firm.
'Pay attention to real estate trends'
A prominent Bahamian realtor is urging vendors not to over-price their properties given that data shows the average selling price can be up to 40-50 percent below the initial listing. Mario Carey, pictured , founder of Better Homes and Gardens Real
Failed broker paid 'excessive' cash to related parties
A Bahamian investment adviser collapsed into insolvency due to “mismanagement” centred on internal conflicts and the payment of “excessive cash” to related parties for client introductions. Ed Rahming, Pacifico Global’s liquidator, told the Supreme
'Business as usual' hurt poverty battle
A $9.6m initiative to fight Bahamian poverty was undermined by the public sector’s “strict bureaucratic policies” that treated the effort as “business as usual”. The Inter-American Development Bank (IDB) report on efforts to reform The Bahamas’ soci
Mobile ride firm sees $69k capital injection
A children’s mobile ride rental company has received a $69,000 capital injection with help from the Small Business Development Centre (SBDC). More Play Entertainment, owned by Alisa Sands-Hutcheson, pictured , caters to school and public fairs, fest
Businesses warned on plastic products
Companies will be fined if they still have banned plastic products on their shelves or in inventory come July 1, government officials have warned.Dr Rhianna Neely-Murphy, senior environmental officer with the Department of Environmental Health, along
‘Stop beating up on private sector’
The government’s labour chief has been told by a prominent businessman to “stop beating up on the private sector” over The Bahamas’ long-standing workforce quality and “brain drain” woes.
Most Bahamians to miss growth benefits
A well-known businessman yesterday voiced fears that the “overwhelming majority” of Nassau residents may not feel the benefits even with the capital’s economy poised for “a good inning” in 2020.
BPL fuel charge probe ‘first step’ over regulation
A Chamber of Commerce director yesterday voiced optimism that regulators are poised to take “the first step” in ensuring Bahamas Power & Light (BPL) fulfills its obligations towards consumers.
Private sector is ‘100% ready’ on plastics ban
Major supermarket and fast-food restaurant chains yesterday pledged they are “100 percent ready” for single-use plastics ban that takes effect tomorrow despite the extra costs they will incur.
PM told: ‘Treat $2bn insurers with respect’
Bahamian insurers yesterday urged the prime minister to “treat the industry with the respect it deserves” over its $2bn Dorian-related payout after he suggested it was “holding back” recovery efforts.
