Less than 20% of suspicious deals passed to Police Force
Despite a 46 percent surge in suspicious transactions reports (STRs) in 2017, the Financial Intelligence Unit (FIU) passed less than one in five over to the police for further investigation.The FIU’s annual report, tabled in Parliament on Wednesday,
2,765 overtime hours but no payment due
A former Grand Bahama Power Company manager should have taken 2,765 overtime “in-lieu” hours before voluntarily resigning rather than suing for compensation two years later.The Court of Appeal, in a unanimous verdict written by Sir Hartman Longley, i
New Minister: Govt targetingPotter's Cay, Montague moves
A Cabinet minister yesterday said the government is eyeing a cost-effective “transformation” of both the Potter’s Cay Dock as well as the Montague Ramp.Michael Pintard, pictured, minister of agriculture and and marine resources, told Tribune Business
IAN FERGUSON: How you counter workplace cliques
Every company wants its employees to get along. After all, teamwork is an essential part of a company’s success. But sometimes groups of employees form cliques at work. When this happens, it is detrimental to employee morale and can lead to workplace
Contractors are warned: Govt deals 'not automatic'
A Cabinet minister has described enforcement of the Construction Contractor’s Act and e-procurement as two of the greatest challenges facing the construction industry.The electronic procurement process was recently launched by the Ministry of Finance
Over-the-Hill residents warned: Don't miss out
The deputy prime minister yesterday said residents in over-the-hill areas covered by Economic Empowerment Zone legislation will miss a “tremendous opportunity” if they did not capitalise on its benefits.KP Turnquest, pictured, while speaking in Parl
Vacation rentals avoid VAT embrace - for now
A Cabinet minister yesterday declined to specify a timeline for introducing VAT on Airbnb-type vacation rentals, as the government has yet to develop “a working mechanism” for its collection.
Baha Mar awaits Crystal Palace demolition nod
Baha Mar yesterday said it was still awaiting the necessary regulatory approvals to begin demolishing the former Crystal Palace resort and casino, although its target dates have not altered.Robert Sands, the $4.2bn development’s senior vice-president
Auditor General finds 'gross manipulation' of public monies
Central and local government agencies on Grand Bahama have been given until August 7 to explain how they will address weaknesses that, in one case, led to public monies being “grossly manipulated”.Reports by Terrance Bastian, the Auditor-General, int
Public Treasury staff 'burnt out, at their limits'
Public Treasury staff were “burnt out and stretched to their limits” in 2014, with the Treasurer warning that “increased absenteeism” was worsening personnel and skill shortages. Eugenia Cartwright’s blunt concerns were only revealed yesterday - almo
Post Office's woes solved by year-end
THE Post Office’s woes should be resolved by year-end, a Cabinet minister forecast yesterday, while admitting that the site for its proposed relocation requires renovations “above and beyond” what was expected.Renward Wells, minister of transport and
Minister says change is coming to BAMSI
A newly-appointed Cabinet Minister shared his vision for the Bahamas Agriculture and Marine Science Institute (BAMSI) with its 200 staff when he toured the North Andros facility last week.The visit by Michael Pintard, minister of agriculture and mari
Fisheries protection goes beyond poaching
A Cabinet Minister yesterday said a “multi-pronged” approach is needed to ensure marine protection and sustainability, adding that this cannot be confined to anti-poaching measures.Speaking with Tribune Business following a press to announce a public
Jobs website dresses recruits for success
More than 30,000 Bahamians have used 242jobs.com to connect with employers and find jobs, with half registering profiles on the site.Donavon Powell, 242jobs.com’s chief executive, started the online site to tackle The Bahamas’ unemployment rate and l
Chamber chief: 'Too early 'for blame game over VAT
Blaming the VAT hike for business declines is “the easy answer”, Exuma’s Chamber of Commerce chief said yesterday, as the 12 percent rate is felt far more keenly in the Family Islands.Pedro Rolle warned against rushing to judgment over recent “notice
