'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.
Govt urged: 'Get a move on' over post-Dorian plan
The Abaco Chamber of Commerce’s president yesterday urged the government to “get a move on” in developing a comprehensive plan for the island’s post-Hurricane Dorian revival. Ken Hutton reiterated to Tribune Business that there will be no major impr
Unions back work permit 'understudy'
Union leaders yesterday gave their full backing to the “Bahamian understudy” proposal unveiled by the government’s labour chief, arguing that too many work permits are being issued unnecessarily.Obie Ferguson, the Trade Unions Congress (TUC) presiden
Xmas jewellery sales better than expected
Many Bahamian jewellery retailers shrugged off early holiday season pessimism to report “good” Christmas sales that beat 2018 figures by up to eight percent. Denise Cooper, area retail manager for Colombian Emeralds, told Tribune Business: “This is
Capital markets eye $200m ‘busiest year’
A top investment banker is predicting the Bahamian capital markets will have one of “the busiest years” ever in 2020 with around $200m worth of deals needing funding.
Minister vents on 'butt busting tourism hiccups'
The tourism minister has vented his frustration that “butt-busting” efforts to spark a post-Dorian rebound are being undermined by self-inflicted “hiccups” during the peak winter season.Dionisio D’Aguilar, pictured, told Tribune Business that “we rea
Harbour Island sees $5m dock 'backlash'
A Cabinet minister yesterday pledged that Harbour Island’s infrastructure needs will be neglected no longer even after a local “backlash” forced the government to suspend a $5m dock upgrade. Desmond Bannister, minister of works, acknowledged to Trib
Bahamas told: Target our marijuana 'niche'
The Bahamas needs to take a more scientific approach and “select our niche market” from 50,000 industrial hemp applications, an advocate for marijuana’s legalisation is urging. Terry Miller, head of the Bahamas Cannabis Research Institute (BACARI),
