ART OF GRAPHIX: Night owls get more done
Ever noticed that most freelance web and graphic designers have this uncanny habit of being nocturnal? What is it in the night that makes us work more? From my experience, I am more focused at night and tend to get more covered during this time. Duri
Carnival seeks 65 Bahamian workers
The Government teamed with Carnival to stage a recent recruitment fair that aimed to fill 65 jobs at the cruise line with Bahamian workers.The Ministry of Labour, continuing its drive to find employment in the maritime industry for Bahamians, teamed
Ex-landfill manager faces $5m judgment
The New Providence landfill’s former manager is facing a $5m-plus summary judgment bid against it as the long-running fall-out from its controversial exit continues for multiple creditors.Attorneys for Massachusetts-based American Paper Recycling yes
Bran: Alternatives needed to 'crushed' financial services
The Bahamas was yesterday urged to explore alternative industries to its “crushed” financial services sector, the DNA’s former leader warning: “Let’s not fool ourselves.”Branville McCartney told Tribune Business that this nation was “complying itself
'Skeletons in closet' fear on fiscal report
Governance reformers yesterday expressed fears that the Government’s finances may still contain “skeletons in the closet” because of its continued reliance on cash-based accounting.Robert Myers, the Organisation for Responsible Governance’s (ORG) pri
DPM: Full VAT impact may not be till new year
The Government “may be a little behind” its 2018-2019 fiscal projections, it was revealed yesterday, with the full VAT rate hike impact not felt until the New Year.KP Turnquest, pictured, deputy prime minister, told Tribune Business that the Ministry
National debt grows $137m
The Bahamas’ national debt increased by $136.5m during the 2018-2019 fiscal year’s first quarter, taking the total sum owed by this nation to around the $8bn mark. The Ministry of Finance’s “snapshot” report, its first effort at quarterly financial r
Securities Commission 'shifting the narrative'
The Securities Commission has joined a small group of regulators approved to be signatories to the International Organisation of Securities Commissions’ (IOSCO’s) new enforcement-related information-sharing agreement.The new Enhanced Multilateral Mem
BTVI receives technology gift
The Bahamas Technical and Vocational Institute (BTVI) recently received a donation of 13 desktop computers and 15 monitors for its Student Resource Centre.Retired accountant, Robert V Lotmore, partnered with Custom Computers to make the donation in h
NAD's debt refinancing launch before year-end
The Nassau Airport Development Company’s (NAD) $125m-$130m is due to come to market before year-end 2018, a senior Royal Fidelity executive has revealed.Jim Wilson, the investment bank’s vice-president of corporate finance, confirmed in a press relea
CFAL launches Junior Investor programme
CFAL has launched its Junior Investor Education programme 2018-2019, marking the 17th year in which it has educated young Bahamians on the importance of financial literacy and saving.The initiative also introduces students to the different investment
Govt: 'No party yet' as VAT slashes deficit 52%
The Ministry of Finance’s top official yesterday said it was “not preparing to throw a party just yet” despite increased VAT revenues driving a 52 percent cut to the Government’s fiscal deficit. Marlon Johnson, acting financial secretary, told Tribun
BPL chief refutes generation deal ‘madness’ claim
Bahamas Power & Light (BPL) yesterday defended its hiring of an extra ten megawatts (MW) of expensive diesel-burning generators from fierce union criticism that it “makes no sense”.
Govt misses $12.6m in web shop revenue
The Government narrowed its first quarter fiscal deficit by 52 percent despite missing out on a projected $12.6m revenue increase in web shop taxation, it was revealed yesterday.Marlon Johnson, the Ministry of Finance’s acting financial secretary, sa
Scanning firm's training facility eyes 150 jobs
A Bahamian firm yesterday revealed it is aiming to create between 120-150 jobs through constructing a $2m training facility in west Grand Bahama.BOARDSECU, in a statement issued yesterday, said the facility will be used to train Bahamians and other n
