Fiscal Council's chief: 'Return to fiscal prudence'
The newly-appointed Fiscal Responsibility Council’s chairman yesterday urged the government to “get back to fiscal prudence” and not rush Hurricane Dorian recovery in just one year.Kevin Burrows, who also represents the Bahamas’ society of financial
Airline opens Nassau to US mid-west visits
United Airlines will next March open its longest non-stop route to the Caribbean when it begins servicing Nassau from Denver International Airport.US media reports yesterday said the first flight will take place on March 7, with the carrier launching
Abaco airport ready 'any day now' for international flights
Abaco’s airport could be ready to receive international flights “any day now”, a senior government official revealed yesterday, with US regulators having completed their inspection. Algernon Cargill, director of aviation, who is also the joint Doria
Sebas: Technology and bureaucracy 'don't mix'
A top web shop boss yesterday warned that imposing new technology on top of old bureaucracy is like “oil and water; they don’t mix”. Sebas Bastian, pictured , Island Luck’s chief executive, said he had repeatedly seen companies acquire the latest so
BTC unveils new, improved plans
The Bahamas Telecommunications Company (BTC) yesterday announced it has introduced new plans as well as improving the value in its prepaid mobile combination plans.The new plan line-up includes three seven-day plans (small, medium and large), a 10-da
PI developer gains nearly $50m sales
A Canadian-based developer is seeking other opportunities in The Bahamas after generating close to $50m in sales from its ten-storey Paradise Island development. Replay Destinations, which acquired One Ocean from the bank in 2016 after its original
IAN FERGUSON: How to plan for success in 2020
As the month of November rolls in, the planning process for most businesses is being reviewed by diligent owners and management. They are not gambling on success in 2020 but, instead, are being very deliberate in ensuring success.The truth is that no
Driver's licence woes could last four weeks
Technology “glitches” and a surge in applications were yesterday blamed for the driver’s licence “backlog” that some sources yesterday suggested could last for another four weeks. Antoinette Thompson, permanent secretary at the Ministry of Transport
Payment provider targets 50% of mobile consumers
A Bahamian digital payments provider yesterday said it is aiming to sign up 2,000 merchants and half the country’s mobile phone users when it goes “fully live” before year-end 2019.Keith Davies, Kanoo’s chairman and chief executive, told Tribune Busi
Dorian to drive national debt to near $9bn
The Ministry of Finance’s top official last night said Hurricane Dorian had reinforced “why fiscal discipline is so important” even though it is set to drive the national debt to almost $9bn. Marlon Johnson, the acting financial secretary, told Trib
Dorian debris clear needs big 'ramp up'
Abaco’s Chamber of Commerce president yesterday called for post-Dorian debris removal to be “ramped up significantly” given the huge obstacle it presents to the island’s reconstruction. Ken Hutton, pictured , told Tribune Business that the authoriti
Ease committee: Prioritise registrar general upgrades
The government’s ease of doing business committee yesterday warned The Bahamas will see minimal improvement in property registration until reforming the Registrar General’s Department becomes “a priority”.
DPM: Boat fee rises 'strike fair balance'
The deputy prime minister yesterday argued that the government had “struck a fair balance” on the increased boating and cruising permit fees revealed this week.K Peter Turnquest said the prior fee structure had not been altered for some time, leading
Compliance chief 'stays step ahead'
The founder and president of the Bahamas Association of Compliance Officers (BACO) has armed herself for a more rigorous regulatory climate by attaining another degree.Cheryl Bazard said it was critical for compliance professionals to “stay a step ah
BTVI names consultants to oversee transformation
The Bahamas Technical and Vocational Institute (BTVI) has named consultants to oversee the multi-million dollar upgrades being part-financed by the Caribbean Development Bank (CDB). Dr Robert W Robertson, its president, announced LaToya Johnson as p
