Financial analysts enjoy big kick-off
The Chartered Financial Analyst (CFA) Society of The Bahamas hosted its annual Kick-Off Event on September 6 at SuperClubs Breezes.It serves as an information session for persons interested in the programmes offered by the CFA Institute, the global f
'Onerous' law no excuse for Govt
The “onerous” provisions in The Bahamas’ main planning law are “no excuse” for the Government’s failure to uphold it, a cabinet minister admitted yesterday, amid a renewed push for reform.Desmond Bannister, minister of works, told Tribune Business th
'Tech hub' booster expands to Nassau
The firm that gave the Government’s “technology hub” ambitions a major boost is expanding its Bahamian presence through opening a satellite office in Nassau by early December.Greg Wood, founder and chief executive of GIBC Digital, told Tribune Busine
'Crystal clear': Minister's no to longline fishing
A Cabinet minister yesterday emphatically denied the Government plans to reverse the ban on longline fishing, telling Tribune Business: “We won’t change now.”Michael Pintard, minister of agriculture and marine resources, said he had been taken aback
Arawak port operator to 'save every penny'
The Nassau Container Port’s (NCP) operator is aiming “to save every penny we can” following a financial year where its predictions of a near-$3m profit decline proved spot-on.Dion Bethell, chief financial officer for BISX-listed Arawak Port Developme
BPL: ‘Long way to go’ in fighting fuel losses
Bahamas Power & Light’s (BPL) chief executive yesterday conceded the utility has “a long way to go” to minimise fuel theft and wastage, as he pledged to protect consumers “at all costs”.
BFSB elects new board members
The Bahamas Financial Services Board (BFSB) elected its board of directors for 2018-2019 at its recent 19th annual general meeting (AGM).K Peter Turnquest, deputy prime minister and minister of finance, used his keynote address to update the financia
‘An inconvenient truth’ for govt, developers
The government and developers can no longer ignore The Bahamas’ key planning law as “an inconvenient truth” after the Supreme Court ordered a key element be enacted by July 1, 2019.
Cabinet-approved PPP policy set for imminent release
A Cabinet-approved Public-Private Partnership (PPP) policy document is set for imminent release as the Government moves “to ensure we get taxpayers value for money”.KP Turnquest, pictured, deputy prime minister, told Tribune Business that the Governm
BPL oil theft exposed by sex in truck
A major oil theft from Bahamas Power & Light (BPL) was only exposed when the thief was distracted by having sex in his truck.
Consumers 'pay the price' for supporting agriculture
The Government has been urged to step back from direct involvement in the agriculture sector amid a “disconnection” between policy goals and budget spending allocations.A newly-published Inter-American Development Bank (IDB) analysis of Bahamian agri
Govt WTO negotiators 'armed and dangerous'
The Government’s WTO negotiating team will be made “armed and dangerous” through the highest possible level of private sector support, the Chamber of Commerce’s chairman is pledging.Michael Maura told Tribune Business that the business community’s in
Web shops: We had 3-month 'tax holiday'
The Government’s changes to the web shop industry’s “sliding scale” tax structure will not prevent the sector moving forward with its legal challenge, a well-known QC says.Wayne Munroe, pictured, who is representing several web shops in their fight a
Abaco 'plagued' by unlicensed business
Unlicensed businesses operating in unregulated districts on Abaco are one of the biggest problems “plaguing” the island, its Chamber of Commerce president believes.Ken Hutton, pictured, while addressing the Abaco Business Outlook conference, lamented
PM intervenes on Lucayan 'looting'
The Prime Minister “aggressively” intervened to prevent Hutchison Whampoa “looting” the Grand Lucayan on the eve of the Government’s takeover, Tribune Business was told yesterday.Michael Scott, chairman of Lucayan Renewal Holdings, the Government-own
