A one-stop shop for all financial services
A BAHAMAS-based Fintech firm is aiming to accelerate the inclusion of the “under-banked and unbanked” across The Bahamas via a platform which will unite all financial services into a singular platform, its founder and chief executive revealing plans
BPL’s new philosophy begins to bear fruit
BAHAMAS Power & Light’s top executive said yesterday he envisages at least five islands operating as “stand-alone” operations, describing such a move as ‘healthy’ for the utility.
Wilson 'firing' is part of 'PLP witch-hunt' claims Davis
OPPOSITION Leader Philip “Brave” Davis says the Minnis administration’s witch-hunt against the Progressive Liberal Party is continuing, with its most recent target being former Financial Secretary Simon Wilson.Contrary to a report in The Punch yester
Bannister briefs tourism chiefs on power plans
Public Works Minister Desmond Bannister addressed key senior tourism officials and executives at a recent BHTA meeting.Minister Bannister provided attendees with an insight into the “short, medium and long-term goals to address the cost and reliabili
Architects demand planning process must apply to shanty town buildings
GOVERNMENT is acting on poor advice and setting a terrible precedent over its decision not to demolish some shanty town buildings simply because they are up to code, Bahamian architects have warned, telling Tribune Business that all developments shou
Banker's US arrest sparks Securities Commission probe
THE Securities Commission of The Bahamas is investigating possible Bahamian links to the arrest in Miami, Florida of German private banker Matthias Krull, who was recently charged in the United States in connection with an alleged scheme to launder m
URCA sets ultimatum over resale broadband
THE country’s two major communications players have been given until month’s end to “amend and resubmit” revised resale broadband offers to the Utilities Regulation and Competition Authority (URCA).The regulator in its recently released Final Determi
Quality and costs key for tourism in fourth quarter
THE country’s major resorts are looking to a “healthy” fourth quarter, having witnessed positive gains over the first six months of the year. Carlton Russell, the Bahamas Hotel and Tourism Association’s (BHTA) president, speaking on the sidelines of
Scotia withdrawals limit sparks calls for intervention
AN advocacy group is blasting what it describes as a “disconnect” between the Canadian commercial banks and the needs of their customers, while urging the Central Bank to facilitate a system which addresses the needs of both sides. Dr Denotrah Arche
Lyford Cay blasts 500% hike in tax
The Government is moving to reinstate the $50,000 property tax “cap” after The Bahamas’ wealthiest community slammed “punitive taxation” that threatens “500 percent or greater” tax hikes.KP Turnquest, deputy prime minister, yesterday told Tribune Bus
Central Bank targeting digital B$ in 30 months
The Central Bank is aiming to roll-out a trial digital Bahamian dollar “within 30 months”, with the move central to its efforts to “accelerate” payments system modernisation.The regulator, launching an Expression of Interest (EoI) for the design and
PHA targeting '$20m-plus' boost from extra revenue
The Public Hospitals Authority (PHA) is targeting “$20m-plus” in extra revenue this fiscal year, a Cabinet Minister revealed yesterday, adding: “Health can’t be run on a wing and a prayer.”Dr Duane Sands, pictured, minister of health, told Tribune Bu
'No hope' as new auto sales off 16%
New car sales maintained their decade-long plunge with a near-16 percent decline during the 2018 first half, as one dealer revealed he “sees no hope” for a short-term revival.Speaking after the latest Bahamas Motor Dealers Association (BMDA) figures
Why govt 'hell bent' on reviving Oban?
An ex-tourism minister yesterday questioned why the Government appears “hell-bent” on the Oban Energies deal, suggesting it instead focus on Carnival’s planned cruise port to revive tourism.Obie Wilchcombe, pictured, told Tribune Business: “I do beli
IAN FERGUSON: Marrying health and wellness with work
Over the past few decades, mind and body wellness has had a noticeable impact on the corporate landscape. Businesses, both large and small, have been integrating a holistic approach to wellness and productivity for their employees and business models
