Company removes 'boat load of harbour garbage'
A Bahamian mosquito control firm has cleaned up Nassau Harbour by removing a “boat load of garbage” from the water and bushes along the western Paradise Island shoreline. Bahamas Mosquito Fogging Company collected plastic, styrofoam, tyres, nets, ro
Ex-Central Bank executive to head financial crime fight
A former Central Bank executive has been confirmed as The Bahamas’ National Identified Risk Framework Coordinator (NIRFC) with responsibility for leading the fight against financial crime.Dr Cassandra Nottage has more than 40 years’ experience in ant
Generation need drives BPL’s first four solar choices
Bahamas Power & Light’s (BPL) chairman yesterday said the four Family Islands targeted to pioneer solar energy’s roll-out were selected because of their “additional generation needs”.
Hot Mix offered to raise $750m loan
A company part-owned by Brent Symonette's family offered to raise up to $750m in cheap British government loans to fund critical infrastructure works in The Bahamas.
Feedback 'very light' over BISX rules changes
The Bahamas International Securities Exchange’s (BISX) chief executive yesterday said market feedback on its proposed rules changes has been “very light” ahead of the results being submitted to regulators later this month. Keith Davies told Tribune
Architect chief: Building permit 'red tape' rising
A senior Bahamian architect yesterday argued that building permit “red tape” is increasing, not decreasing, and added: “I don’t know anyone who gets an approval in less than six months.”Gustavus Ferguson, the Institute of Bahamian Architects (IBA) pr
$20m honey market creating major buzz
A $20m market for honey-related products presents a tremendous entrepreneurial opportunity for Bahamians, the head of a local beekeeping co-operative believes. Alex Holden, chairman of the newly-formed Bahamas National Beekeepers Co-Operative (BNBC)
Entrepreneurs needed to 'ace' tourism competition
The Bahamas must continue to “ace” its tourism competition through superior customer service and identifying new entrepreneurial activities that appeal to visitors, a Cabinet minister is urging. Dionisio D’Aguilar, minister of tourism and aviation,
Seminar to focus on harnessing Fintech
The Bahamas Financial Services Board (BFSB) has partnered with Aliv to host its annual Fintech (financial technology) seminar on July 26 at the British Colonial Hilton Hotel. Featuring both local and international speakers, the event will cover topi
'Deepen the spend' on 17.5% tourist rise
The Bahamas must “deepen the spend” if it is to maximise the “fabulous” 17.5 percent increase in stopover visitors for the year to end-May 2019, a Cabinet minister conceded yesterday. Dionisio D’Aguilar, minister of tourism and aviation, told Tribun
Bank chief: 'We can do better' over card fees
The Clearing Banks Association’s (CBA) chairman has admitted that the industry “can do better” in pushing for lower debit card fees, thus aiding the drive for a cashless society. Gowon Bowe, pictured , told Tribune Business that the industry needed
'Slow climb out' on govt reform goals
The government has been urged to “speed up” its short-term transformation targets, a governance reformer suggesting current goals indicate “a slow climb out” for the economy. Robert Myers, pictured , the Organisation for Responsible Governance’s (OR
Ex-minister holds off on $6m BOB 'default'
A former Cabinet minister yesterday said he had given an undertaking to hold off on enforcing a $6m default judgment against Bank of The Bahamas until July 16. Damian Gomez, former minister of state for legal affairs under the former Christie govern
Courier blames Customs demands for its closure
A Grand Bahama-based courier service is blaming Customs’ “virtually impossible demands” for its decision to close on July 31 after 22 years in business. GB Express, in a letter to its customers last week, said it was “impractical” to continue operat
Jitney drivers 'hold off' on cashless payments
Jitney drivers have held-off on introducing cashless payment mechanisms into the bus system due to the costs associated with maintaining them.Frederick Farrington, president of the Bahamas Unified Bus Drivers Union (BUBDU), said such expenses undermi
