IMF warns over 'education quality'
The Bahamas needs to rapidly improve “the quality of education” if is to reduce structural unemployment and improve its competitiveness, the IMF has warned.The International Monetary Fund (IMF), in its latest Article IV report, said progress in impro
IAN FERGUSON: Vital performance tools for employee evaluation
Performance appraisals are instruments used to evaluate an employee’s job performance in terms of quality, quantity, cost and time. There are many benefits to using these tools for pinpointing exactly where employees are in their level of functioning
Gov'ts drive to make unions 'more efficient'
Bahamian trade unions must avoid “procedural errors and missteps” that could lead to litigation, the Director of Labour yesterday disclosing: “We’re trying to make them more efficient.”Robert Farquharson was speaking as the Department of Labour’s Reg
Bahamian achieves aviation sector first
A third-generation member of an aviation-loving family says he has become the first Bahamian to obtain a Masters of Laws degree (LL.M.) in International Aviation.Keith Major Jr joined Maktoom Al Wahaibi, who was achieving a similar “first” for Oman,
Fiscal Responsibility: 'More teeth' needed
The Fiscal Responsibility Bill needs “more teeth” against governments that consistently breach its targets, an anti-corruption watchdog argued yesterday.Lemarque Campbell, of Citizens for a Better Bahamas, the local Transparency International represe
Atlantis enjoys 'strongest Q1 in many years'
Atlantis has enjoyed “one of the strongest first quarters in many years”, its top executive revealing that business is “well ahead” of 2017 numbers.Audrey Oswell, pictured, the Paradise Island resort’s president and managing director, told Tribune Bu
Bannister: No ‘forced’ terminations to happen through BPL agreement
There will be no forced terminations in Bahamas Power & Light’s (BPL) upcoming right-sizing exercise after a deal was reached with its two trade unions, it was revealed yesterday.
Bahamas to 'harmonise' IBCs, domestic entities
The Deputy Prime Minister yesterday expressed “100 per cent” confidence that The Bahamas will meet Europe’s year-end target, as it prepares to “harmonise” IBCs and domestic companies.K P Turnquest, pictured, told Tribune Business that “work is still
IMF: Worker notice below world average
A trade union leader yesterday hailed the IMF for confirming that the two-week notice period for terminated Bahamian workers is below international standards.Obie Ferguson, the Trades Union Congress’s (TUC) president, told Tribune Business that the I
Banks told: 'Be sympathetic' over expired work permits
A Cabinet Minister yesterday urged banks to be more “sympathetic” and continue transacting business with persons whose work permits have expired.Brent Symonette, minister of financial services, trade and industry and Immigration, during his contribut
Hilton executive goes to Barbados
The British Colonial Hilton yesterday announced the temporary assignment of a senior executive as interim general manager for its sister property, Hilton Barbados Resort.Lynne OP Johnson will be is overseeing the Barbados resort’s operation for a th
Chamber to host Trade Seminar
The Chamber of Commerce will host its inaugural Trade Seminar and Expo event at the Melia Nassau Beach Resort on Wednesday, May 30.The event will offer advice, information, education and instructions to Bahamian manufacturers, producers and exporters
Aliv assists electronic data protection talks
Aliv yesterday detailed ways Bahamians can protect their electronic data as it participated in a roundtable discussion hosted by the Data Protection Commissioner’s office.Dwayne Davis, Aliv’s chief solutions architect, presented on topics including i
Fiscal targets 'blown' without disaster plan
A Hurricane Matthew-type event could wipe out the IMF’s proposed national disaster fund and forever blow The Bahamas off its Fiscal Responsibility targets, a top insurer warned yesterday.Emmanuel Komolafe, pictured, the Bahamas Insurance Association’
Gibson insists water contract was clean
Long Island’s $5m water deal went to the only bidder that “substantially” met the Water & Sewerage Corporation’s terms, its chairman saying yesterday: “I don’t believe in hanky panky.”
