Cabinet demands answers on NHI
The National Health Insurance Authority (NHIA) must “give it another go” after failing to win Cabinet approval for the scheme at the first try, a minister revealed yesterday.
Landfill manager ‘well armed and ready to go’
The New Providence landfill’s new operator yesterday said it is “well armed with funding and ready to go” as it takes over the site’s management for the first time today.
Love Beach battles resort development
LOVE Beach residents have voiced strong opposition to a proposed resort-based development, arguing it will violate zoning restrictions, destroy the beach and disrupt the community’s peace.
DPM on Moody’s: ‘Crystal ball is not exactly clear’
The deputy prime minister yesterday said “the crystal ball is not exactly clear” in response to Moody’s warning that the government will not hit its 2020-2021 budget surplus target.
Employees facing uphill battle over grievance redress
Weaknesses in the Bahamian judicial system prevent many employees from seeking redress for discrimination and other forms of victimisation, the US State Department is arguing.
Bahamas signs UK aviation deal
The Bahamas has moved to boost aviation links with the UK through the signing of an Air Service Agreement (ASA) between the two countries.
Works ministry to hold contractor workshops
The Ministry of Public Works (MOPW) yesterday said it will hosting two workshops on “proper construction practices” to ensure contractors adhere to local and international building codes.
IAN FERGUSON: Producing change staff can believe in
If you want to know why so many companies sink into chaos, take time to listen to the language used by their leaders. Leadership, at any level, is certainly not easy, but unclear, vague, roller-coaster pronouncements make many top managers’ jobs more difficult than they need to be.
Financial sector ‘has some responsibility’ for EU woes
A leading accountant yesterday said the financial services industry must “bear some responsibility” for The Bahamas’ constant struggles with international regulatory initiatives.
Moody’s: Govt to miss balanced budget goal
Moody’s yesterday warned the Government it will likely miss its target of generating a small Budget surplus by 2020-2021, predicting it will still be running a deficit equal to 1 percent of GDP.
‘Mickey Mouse governance’ is Wells LOI price
The Bahamas has been “left in a Mickey Mouse state of governance” by the continuing silence over the Renward Wells Letter of Intent (LOI) controversy, the DNA’s ex-leader blasted yesterday.
‘I cannot go further with people’s funds’ on Grand Lucayan
A Cabinet minister yesterday said the $5.5m payout demanded by Grand Lucayan managers was based on “faulty analysis”, and blasted: “I can go no further with the people’s money.”
RBC FINCO: We ‘underperformed’
Royal Bank of Canada’s (RBC) Bahamian mortgage arm has warned it will “continue to be challenged” with low growth and bad loans that, at $124.3m, exceed industry averages.
Crypto regulation must be ‘friendly’ to entrepreneurs
REGULATIONS governing crypto assets and related instruments must be “entrepreneur friendly”, a local industry advocate urged yesterday, saying: “We have a unique opportunity before us.”
Taxi drivers resolve issues at Baha Mar
THE Bahamas Taxicab Union’s (BTU) president yesterday said it had reached what he described as an amicable resolution over the working conditions for drivers operating at Baha Mar.
