NHI changes to end 'falling through cracks'
THE Bahamian heath care system “lacks equity”, the National Health Insurance Authority’s (NHIA) chairman lamented yesterday, arguing that the revised scheme will prevent patients “falling through the cracks”. Dr Robin Roberts said: “What we have desi
Lucayan's 150 staff exits to cost $2-$3m
The Grand Lucayan’s chairman yesterday estimated it will cost the Government between $2-$3m to finance the voluntary departures of 150 workers seeking to leave the resort.Michael Scott, pictured, in a statement issued yesterday, confirmed that the Go
Disney competitor: 'Nothing ruled out'
Disney’s Lighthouse Point rival yesterday said “nothing is off the table” over the rejection of its “game changing” proposal, which it argued had been “misunderstood” by many in Eleuthera.Shaun Ingraham, chief executive of the One Eleuthera Foundatio
NIB rejected as NHI manager
The National Insurance Board (NIB) has been rejected as the National Health Insurance (NHI) scheme’s administrator because its costs are simply too high, a Cabinet minister has revealed.Dr Duane Sands, minister of health, who revealed the move at las
Private sector must do more in OECD fight
The Clearing Banks Association’s (CBA) chairman has urged the private sector to play a greater role in preventing The Bahamas from being “blindsided” by the OECD and other initiatives.Gowon Bowe told Tribune Business that the financial services indus
Perry ‘approved’ $1.5m web shop boss contract
Perry Christie and his Cabinet approved the award and financial terms of a web shop boss’s controversial $1.46m computer supply deal with the Ministry of Finance, court documents allege.
Small Business Centre moves on Disney project
THE Small Business Development Centre (SBDC) yesterday said it was moving to ensure to ensure Bahamian entrepreneurs are well-placed to exploit Disney’s proposed Lighthouse Point development.Davina Blair, pictured, the SBDC’s executive director, told
Top CIBC executive tours local branches
CIBC FirstCaribbean’s managing director of retail and business banking, Mark St Hill, recently toured the bank’s branches throughout The Bahamas.During his visit he attended the ribbon-cutting ceremony for the official opening of CIBC FirstCaribbean’
Govt urged: Give post office 'vision'
THE Democratic National Alliance (DNA) is urging the Government to “clearly articulate a vision and plan” for modernising The Bahamas’ postal system, as it slammed the “flawed” Town Centre Mall relocation..Buscheme Armbrister, the party’s spokesperso
Colina parent teams on digital payment solution
An electronic payment provider has teamed up with Colina Insurance’s parent company to give Bahamian consumers the ability to make cashless transactions.Island Pay’s partnership with the AF Holdings Group of Companies will introduce a convenient, eff
Bahamians urged to use trusts in estate planning
More Bahamians have been urged to use trusts as a retirement and estate planning tool to avoid costly, bitter fights over succession and family assets.Amanda Ferguson, Royal Fidelity’s trust and estates manager, argued that trusts were “more benefici
GB airport must 'fall in line' for Sky return
Freeport will not attract “new money” and a Grand Lucayan buyer until its airport costs “fall in line”, warns a Bahamian airline chief who stopped flying to the city two months ago.Captain Randy Butler, Sky Bahamas’ chief executive, told Tribune Busi
Govt urged: 'Be decisive' in your OECD defence
The Government must “act more decisively” to defend The Bahamas from the OECD’s attack on its key investment product, which is “not positive no matter how you spin it”.Paul Moss, pictured, president of Dominion Management Services, told Tribune Busin
Bahamians must 'raise hell' over govt waste
Bahamians must “start raising hell” over recent revelations of government waste, fraud and questionable contracts, a governance reformer urging: “We’ve got to move past this horrible era.”Robert Myers, the Organisation for Responsible Governance’s (O
Long Island MP assured on mega project's funding
Long Island’s MP is “fairly confident” that a mega resort community will be revived, arguing that the developers would not release their plans without first obtaining the necessary financing.Adrian Gibson told Tribune Business he had been personally
