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Attempts to reclaim BTC are a monumental waste

IN 1997, the Free National Movement ran for re-election on a platform that explicitly called for the privatisation of BaTelCo - the state-owned telecoms monopoly that everyone loved to hate for its studied incompetence and arrogance.

A COMIC'S VIEW: Sickening prospect of NHI and a painful price to pay

THIS week, half the Cabinet was globetrotting and we saw the battle over the proposed National Health Insurance (NHI) scheme continue to play out as a war of words between the government, the Bahamas Insurance Association (BIA), Sanigest and various factions, producing dramatic headlines.

Activists to send ‘leak’ complaint to data watchdog

The Save the Bays activist group yesterday informed the data protection watchdog it will submit a formal complaint over the leaking of its private e-mails, once its own investigation and legal analysis is completed.

ROLLINS QUITS THE PLP

FORT Charlotte MP Dr Andre Rollins quit the Progressive Liberal Party last night, explaining that it was obvious he was no longer wanted in the party after government members made several attempts to block him from contributing to the budget debate in the House of Assembly. Dr Rollins said that while he had had no prior intention yesterday of resigning from the party last night, he “would be a fool” to call himself a PLP after the “way I was treated in here tonight”.

How Prime Minister Christie can earn his legacy

SPEAKING to a group of aspiring journalists at the College of the Bahamas at the end of March, Prime Minister Perry Christie declared that his government’s performance will not be matched “in the history of this country”.

Baha Mar likely below full open

The $3.5 billion Baha Mar project’s planned launch next Friday is likely to be much less than a full opening, Tribune Business understands, with none of the three branded resort properties ready to unlock their doors.

Indicted Bahamian: 'I can orchestrate fraudulent trades'

One of the two Bahamians indicted over a $500 million money laundering scheme allegedly told an undercover US federal agent he could “orchestrate” fraudulent securities trades and did this “all the time”.

Businesses need 'more room' in VAT warehouse

Businesses need “more room” than the 48-hour period they have been given to comply with the terms for a Value-Added Tax (VAT) ‘virtual warehouse’, a Tax Coalition co-chair yesterday promising to raise the concern with the Government.

Atlantis hits pre-COVID cash flows with $182m

Atlantis has “stabilised” its net cash flow at pre-COVID levels by generating $182.3m for the year to end-March 2023, it was revealed yesterday, as analysts reaffirmed the credit ratings on its $1.2bn debt.

‘Sooner the better’ over BPL base rate increase

Bahamas Power & Light’s (BPL) chief executive yesterday warned the utility’s base tariff rate must ultimately increase to offset “diminished returns”, adding: “The sooner, the better.”

Gibson Jr and Rolle capture Unca Lou title

ONE of the top amateur golfers teamed up with one of the youngest competitors in the field as Richard Gibson Jr and Kerrington Rolle combined for a 59 net to win the St Augustine’s College Alumni Association’s inaugural Unca Lou Golf Tournament.

Briefly

Funerals and last rites for Saturday, September 29 and Sunday, September 30.

Taxi reforms to force 'boot straps pull up'

A senior hotelier yesterday voiced optimism that taxi industry reform will cure "the elevated level of complaints" from tourists by forcing a minority of offending drivers to "pull their boot straps up".

Minnis: DNA coalition failed over demand for 16 seats

FREE National Movement Leader Dr Hubert Minnis last night revealed that negotiations for a coalition between the FNM and the Democratic National Alliance failed because DNA Leader Branville McCartney wanted 16 seats uncontested and an agreement for his party to have the final say on the makeup of the government, including who would be named prime minister.

Davis’ hands clean on water projects

CAT Island, Rum Cay and San Salvador MP Philip “Brave” Davis did not authorise controversial payments to Nassau Island Development (NID), the contractor for the multi-million dollar Gladstone Road Waste Water Treatment Plant (GRWWTP) that is unfinished despite a 91 percent cost overrun, Works Minister Desmond Bannister said in the House of Assembly yesterday.

INSIGHT: Festival chaos should have been avoided

Since the wee hours of Friday morning, Bahamians from all walks of life have been venting their anger at the astounding level of disrespect displayed by the shambolic organisation and incompetence displayed by the Fyre Festival organisers, all whilst left scratching their heads in disbelief that our Ministry of Tourism would aid and abet such efforts during Exuma Regatta week.

Small businesses face potential NHI ‘double whammy’

The Grand Bahama Chamber of Commerce’s president is seeking ways to ease the potential National Health Insurance (NHI) “double whammy” faced by small businesses.

‘Get out of dark ages’, Gov’t and unions told

* Reformer urges end to worker benefits focus * Calls for more productivity ‘to lift GDP growth’ * And wants wages ‘held’ at current levels

The Department of Labour must “get out of the dark ages” and focus on improved worker productivity if the Bahamas is to enjoy higher GDP growth, a governance reformer urged yesterday. Robert Myers, a principal with the Organisation for Responsible Governance (ORG), told Tribune Business that the Labour Department and trade unions needed to stop pushing for increased worker benefits “if we are to lift ourselves out of this socio-economic recession”. Arguing that both were still “singing the same old song”, Mr Myers called for wages and benefits to be “held” at present levels until the Bahamian economy generated improved GDP growth rates.

Network is the first of its kind

A Bahamian designed Aviation, Climate & Severe Weather Network exceeding that of other industrialized nations will enhance the safety of the Bahamas and boost key industries vital to the Bahamian economy's post-COVID rebound, according to a top US aerospace, defence, intelligence, cyber security and weather contractor.

YOUNG LIVES LOST IN BOAT TRAGEDY: Three killed after collision in waters off Harbour Island

THREE people are dead after a tragic boating accident took place on Sunday evening in waters near Harbour Island.

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