Top private island placed on market
THE Bahamian island made famous by a biography of the heiress to a major oil empire is being offered for sale through a local realtor.Whale Cay, located in the Berry Islands, was made famous by author Kate Summerscale in her book, The Queen of Whale
Bahamasair chair: 'We'll be the best we can be'
BAHAMASAIR’s chairman yesterday stressed that the national flag carrier is committed to delivering quality service, saying: “We want this airline to be the best it can be.”Tommy Turnquest told Tribune Business the airline continues to assess the perf
Local investors blast Govt's 'wall of silence'
A BAHAMIAN investor group is slamming the 20-year “wall of silence” surrounding its “one-stop” Road Traffic solution, arguing that it has been deliberately shut out of national development.Franklyn Robinson and Charles Beneby, principals in Bahamas A
Water Corp owed $44m by clients
THE Water & Sewerage Corporation is owed $44 million by customers, its chairman has revealed, as he disclosed plans to “change the culture and embrace” private sector methods.
Water leaks cost taxpayers $93m
THE Water & Sewerage Corporation’s $249 million taxpayer subsidy over the 12 years to 2015 could have been slashed by $93 million if all water leakages had been eliminated.
Water & sewerage Corp chair backs price rise ‘within reason’
THE Water & Sewerage Corporation’s chairman would support increasing prices paid by Bahamian consumers “within reason”, but warned its product and service must improve first.
Govt's four-six months to 'deliver on pledges before credibility loss'
THE Government has four to six months to “deliver on their promises before they start to lose credibility”, a governance reform campaigner has warned.Robert Myers, a principal with the Organisation for Responsible Governance (ORG), told Tribune Busin
Hotels close 2017 'roller coaster' with strong Q4
NASSAU/Paradise Island resorts capped off a “roller coaster” 2017 with a strong fourth quarter performance driven by positive Thanksgiving, Christmas and New Year’s holiday periods.Carlton Russell, the Bahamas Hotel and Tourism Association (BHTA) pre
Renewable energy group in $400m self-sufficiency plan
A RENEWABLE energy group says it has developed a plan to make the Bahamas self-sufficient, a top executive adding that this could pump $300-$400 million a year back into the economy.Zev Crystal, chief executive of Sustainable Energy, who has partnere
Unified bus system 'pilot' in progress
THE pilot project to determine the feasibility of a unified busing system is in progress, according to the Minister of Transport, who said: “Nothing is set in stone.”Frankie Campbell told Tribune Business: “The project is in train. It is being facili
Disaster fund's $60m levy: 'You can't afford to gamble'
The Bahamas could accumulate over $60 million per year in hurricane “preventative medicine” through a Canadian-led proposal for a disaster recovery fund.Don Maga, principal of The Sand Consulting Group, told Tribune Business yesterday that the 2017 h
Gov't 'can't damage fiscal position' over insurer VAT demand
THE Government cannot “damage our revenue position” in seeking to making catastrophic insurance coverage more affordable, the Deputy Prime Minister said yesterday.K P Turnquest told Tribune Business that the increasing cost of hurricane protection wa
Tourism minister: 'We'll show Americans Fish Fry is safe'
THE Minister of Tourism yesterday pledged to “impress upon the Americans” that Arawak Cay’s Fish Fry is safe, describing Washington D.C’s travel advisory as “much ado about nothing”.A day after expressing concern over the warning not to visit Arawak
Fish Fry vendors fear 'big dent' on US travel advice
ARAWAK Cay vendors yesterday expressed fears that the US travel advisory will “put a big dent” in business volumes that have become increasingly reliant on tourists.Vern Pratt, proprietor of Fish N’ Chips, told Tribune Business the advisory would lik
Jamaican conglomerate enters Bahamas' money transmission business
A publicly-traded Jamaican conglomerate has expanded its Western Union partnership into the Bahamas and pledged to open multiple money transfer locations in 2018.GraceKennedy Money Services, a subsidiary of GraceKennedy Ltd, announced on Wednesday th
