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Gov't's $70m Aliv sell-off targeting end-April closing

THE $70 million sale of the Government’s majority shareholding in Aliv should be completed by end-April 2018, its advisers revealed yesterday.Gowon Bowe told Tribune Business that the Prime Minister and senior Cabinet members had now “satisfied thems

Don’t Blink! Time to crown the Home Run Derby King

For the second consecutive year, the country’s top pro baseball prospects will host another showcase of local and international talent, vying for the title of the Bahamian Home Run Derby King.

AML TO INVEST $3-4M IN NEW FRANCHISE DEAL

By NEIL HARTNELL Tribune Business Editor AML Foods is planning to invest $3-$4 million over the next five years in building its new Carl's Jr franchise to a five-store chain, a business projected to generate an annual $15 million top-line at full build-o

INSIGHT: When you read ‘no comment’ or ‘not available’ it’s not for a lack of trying

Based on many accounts of ongoing experiences, it is evident the once treasured Fourth Estate of The Bahamas is now an ignored entity which is shown much disrespect by its formerly eager partners - Bahamian Cabinet Ministers.

PLP Convention day two - as it happened

From the Melia hotel.

ERIC WIBERG: Historic plane falls short of ambitious goal in Exuma

IN 1930, two significant historical aircraft, one with a life-long crippled man as radio operator, the other with a single-handing Australian aviatrix, crashed in The Bahamas, in Andros and Exuma.

YOUNG MAN'S VIEW: Time to reset the moral compass of the Bahamas

ASTOUNDINGLY, we refuse to deal with the root causes of many of our social and economic problems here in the Bahamas and, frankly, those root causes are poor parenting, waste, inefficiency, greed and corruption.

BEC Chairman joins SOS relief flight to hurricane-hit islands

LESLIE Miller, the chairman of BEC, got a first hand look at the destruction on some of the worst affected southern Family Islands which suffered a devastating direct hit from Hurricane Joaquin last weekend after he joined a relief flight on Saturday organised by the Tribune Media Group SOS - Save Our South initiative.

2,000 jobs go at Baha Mar

MORE than 2,000 Baha Mar employees have been made redundant effective today, according to a statement from the resort’s joint provisional liquidators.

Baha Mar targets $200m claim on Chinese builder

Baha Mar is aiming to pursue more than $200 million worth of claims against its main Chinese contractor partner, its Board yesterday determining that legal action against China Construction is “possibly imminent”.

Wilson: My Mortgage Relief Plan ‘more likely to succeed’

A leading businessman yesterday pledged that his effort to revive the Government’s Mortgage Relief Plan will have “a far higher probability of success”, suggesting the first attempt failed because the banks “didn’t know their reality”.

Boat thieves strike again in Abaco

BOAT thieves have struck again in Abaco, stealing two vessels in one night from boat lifts at a marina and a private home in Marsh Harbour. The culprits had also attempted to steal a third.

How PLP colleagues stole Ed Moxey's ideas

IN LEAFING through the Ed Moxey files in The Tribune's archives last night, we were not surprised to find that the Coconut Grove MP's own colleagues were trying to take credit for his cultural concept - Jumbey Village. In other words, they were trying to steal Mr Moxey's own brainchild from him.

The failures of all our utilities

SINCE the beginning of COVID-19 awareness in this country, companies have had to adjust the way in which they operate. Everyone understands that and so I was prepared to give them a certain amount of adaption time so they could work out the kinks. But here is my problem:

INSIGHT: Debunking Baha Mar’s false narrative

Eyes were raised when Sarkis Izmirlian attended the new Prime Minister’s swearing in. Malcolm J Strachan says it might not have been what it seemed . . .

Bahamasair aims to reduce staff by 100

BAHAMASAIR is targeting $20m in top-line growth over the two years to end-2019, its managing director said yesterday, as it plans to shed 100 staff within 24 months.Tracy Cooper told the Caribbean Aviation Meet-up 2018 conference that, over the next

Sarkis receiver claims 'wrong, misconceived'

Sarkis Izmirlian’s accusations that Baha Mar’s former receivers breached a Supreme Court order by passing material to the project’s contractor have been blasted as “misconceived and wrong”. Brian Simms QC, senior partner at Lennox Paton, told the or

Aliv IPO goal for 2022-2023

The government is targeting the 2022-2023 fiscal year to exit its 51.75 percent majority ownership in Aliv and raise “at least” $73m, it was revealed yesterday.The 2019 Fiscal Strategy Report, released yesterday, disclosed that the government’s dispo

A COMIC'S VIEW: My Aunt Kay would have put these drivers in their rightful place

MY late Aunt Kay, who was like my second mother and who also happened to be wheelchair bound in the latter portion of her life, was a source of inspiration and a pillar of strength to me throughout my life. In fact it has long been said that she’s where I get my “hard mouth” from.

Realtor calls for Bahamian second home tax incentives

A Bahamian realtor is aiming to give a whole new meaning to the term ‘second homeowner’ by focusing on the local market, and is suggesting that the Government offer similar tax incentives to those granted to foreign buyers.

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