BOB IT manager's conviction for $21k client theft upheld
A former Bank of The Bahamas information technology (IT) manager yesterday failed to overturn his conviction for stealing $21,000 from customer accounts in early 2015.The Court of Appeal, upholding the Magistrate’s Court verdict against Renrick Bowe,
Sherwin-Williams expands through acquisition of rival
Sherwin-Williams Bahamas has achieved “a milestone occasion” with the opening of its first local “superstore” following the acquisition of competitor, Bahamian Paint Supply. The specialist paints and paint supplies retailer, which enjoys a 20-year h
Port teams to help GB economy 'rise' again
The Grand Bahama Port Authority (GBPA) is moving to help the island’s economy “RISE” before Christmas through its partnership with a global humanitarian and development organisation. Freeport’s quasi-governmental authority teamed with Mercy Corps (M
GB Chamber president queries 50% jobless rate
The Grand Bahama Chamber of Commerce’s (GBCC) president yesterday questioned a recent survey that placed unemployment on the island at around 50 percent, saying the figures were “very high”. Gregory LaRoda, responding to the statistics released by B
ART OF GRAPHIX: Tools for achieving the perfect images
Digital photo editing is a marvellous invention. We can take as many photos as we like from different angles and enhance them later using a photo editor. Cropping and resizing are both helpful tools to enhance our less-than-professional camera skills
Disney selects Bahamas firm for key project work
Disney Cruise Line yesterday said it has selected Enco International (Bahamas), a Bahamian company, to perform key elements of environmental due diligence for its Lighthouse Point project.The firm, which was selected through a competitive bidding pro
Bahamas showcased to Middle East clients
The Bahamas Financial Services Board (BFSB) partnered with the Ministry of Financial Services to host a successful industry briefing in Dubai on November 18.
Recovery Zone uncertainty fuels govt 'confidence loss'
The government is today expected to clarify the “confusion and frustration” surrounding the post-Dorian Economic Recovery Zones, amid warnings that the uncertainty is fuelling “a loss of confidence”. Marlon Johnson, the Ministry of Finance’s acting
Solving Customs system woes 'a matter of weeks'
The Ministry of Finance’s top official yesterday voiced optimism that the problems with Customs’ new electronic system will be largely resolved “in a matter of weeks” and “fade quickly into the past”.Marlon Johnson, its acting financial secretary, ad
Customs 'learning curve a bit steeper than we thought'
The deputy prime minister yesterday admitted that Customs’ new system had required “a steeper learning curve than expected” as he pledged to work with the private sector to resolve all woes.Acknowledging “challenges” with the Click2Clear electronic s
Contractor licensing wait 'not an issue' for Dorian rebuild
A Cabinet minister yesterday said the continuing wait to implement the construction industry’s self-regulatory licensing system will “not cause any issues” with post-Dorian rebuilding. Desmond Bannister, minister of works, told Tribune Business that
France acts alone to put Bahamas on blacklist
A former attorney general yesterday warned The Bahamas must "stand up in a smart way" to ensure the survival of its financial services industry amid a threatened "blacklisting" by France.
Davis dismisses $300 VAT light bill bar raise
The government’s plan to increase the $300 VAT-free threshold on monthly electricity bills is an admission that hiking the tax rate to 12.5 percent was a mistake, the opposition’s leader said yesterday. Philip Davis, responding to Tribune Business r
Near-total insurance absence 'critical issue'
The deputy prime minister said the near-total absence of hurricane insurance was a “critical issue” after it emerged that Dorian-ravaged communities in Grand Bahama were virtually uninsured. K Peter Turnquest said The Bahamas needs to develop ways t
VAT exemption level may rise to offset BPL levy
The government is “likely” to raise the $300 VAT-free threshold on electricity bills to minimise the impact from Bahamas Power & Light’s (BPL) $650m refinancing, a Cabinet minister revealed yesterday.
