Minister: ‘We’ll not be at BPL’s mercy again’
A Cabinet minister has pledged that New Providence will “never go through a summer like this again” where the island was held captive daily by Bahamas Power & Light (BPL) blackouts.
Yamaha dealer: 70% of Dorian losses from theft
Abaco’s Yamaha dealership yesterday said up to 70 percent of its Hurricane Dorian losses were incurred from the looting of 103 engines worth a collective $1m.Stephen Albury, the Marsh Harbour-based company’s principal, told Tribune Business: “We are
Attorneys praise exchange control 'red carpet roll out'
Attorneys yesterday praised the Central Bank’s proposal to relax exchange controls on non-residential real estate deals as “a rolling out of the red carpet that everyone will welcome”.Adrian White, former head of The Bahamas Bar Association’s real es
Attorney has ‘nil’ chance to defeat bankruptcy ruling
A Bahamian attorney’s bid to overturn his bankruptcy adjudication has been rejected by the Court of Appeal because its prospects of succeeding “are nil”.
Abaco farm suffers $1m Dorian damage
An Abaco poultry farm yesterday revealed that Hurricane Dorian had inflicted “at least $1m in damages” and “pretty much destroyed” the 100-acre business.Lance Pinder, operations manager at Abaco Big Bird Poultry Farm, told Tribune Business that the r
Contractors registrar attacks own minister
The contractors registrar yesterday launched an astonishing attack on his minister by accusing him of “procrastination” and “inaction” over implementing the sector’s self-regulation.Omar Archer told Tribune Business that contractors were asking why D
GB Chamber targets 'plan of attack' on Dorian revival
The Grand Bahama Chamber of Commerce’s president yesterday said he was looking to develop “a plan of attack” for the restoration of commerce as businesses slowly re-open after Dorian.Gregory LaRoda told Tribune Business that the restoration of key ut
AML donates $275k to aid staff, Dorian relief
AML Foods yesterday said it has donated more than $275,000 to support both Hurricane Dorian relief efforts and its 275 impacted employees in Grand Bahama.The BISX-listed food retail and franchise group said some $200,000 had been allocated to support
Baha Mar hosts tennis cup to aid Dorian relief
Baha Mar has teamed with leading Bahamian tennis player, Mark Knowles, and other former tour professionals to host the Baha Mar Cup fundraiser for Hurricane Dorian victims. The event, which will take place from Thursday, November 7, to Sunday, Novem
Fears Dorian will sparkexpansion of Govt size
A think-tank executive yesterday voiced concern that Hurricane Dorian will cause a further expansion in government’s size after The Bahamas fell seven spots in an economic freedom index.Rick Lowe, of the Nassau Institute, also expressed concern about
ZNS facing $542,000 summary judgment bid
ZNS is facing a $542,000 summary judgment bid over claims that it breached a satellite leasing contract with two years of the deal remaining. Attorneys for Centrex Centrex Communications Corporation, in September 12 letter to the southern New York f
$3-5bn Dorian 'cataclysmic' if Nassau struck
The Bahamas would have taken a “cataclysmic” hit if Hurricane Dorian struck Nassau, Moody’s Analytics believes, while still predicting the storm has cost this nation between $3bn to $5bn. Adam Kamins, senior regional economist at Moody’s Analytics,
Unions challenge Dorian advances to civil servants
Trade union leaders are challenging the government’s decision to offer Dorian-ravaged civil servants a two-month salary advance rather than the $800 lump sum payment agreed pre-storm. Bernard Evans, the National Congress of Trade Unions of The Baham
Abaco Chamber eyes 'amazing opportunity' via Project Resurrect
The Abaco Chamber of Commerce’s president yesterday hailed “an amazing opportunity to rebuild the entire island” following the “overwhelming” response to its Project Resurrect initiative. Speaking after the project’s Friday’s unveiling, Ken Hutton s
Tourism: We need Dorian 'headwinds' to die down
The Bahamas must wait for the “negative headwinds” created by Hurricane Dorian to die down before it can start “remarketing” itself as a tourism destination, a Cabinet minister says.Dionisio D’Aguilar, pictured, minister of tourism and aviation, said
