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CHAMBER VOICE: The business of one big, happy family

A well-respected business owner recently questioned me on the benefits and drawbacks of owning and operating a business that employs family members, and where the principals in the company are all related.

Gov't still on deficit target despite $100m in new borrowings

The Government yesterday said it would still hit its ‘6.5 per cent of GDP’ fiscal deficit target for the current Budget year, despite having to borrow a further $100 million to meet “carry over expenditures” it inherited from the former Ingraham administration.

Bahamians should accept reality, or lose it all

THE UNFORTUNATE detention of Swiss banker Emmanuel Fiaux, executive director of UBS Bank on East Bay Street, reveals how many Bahamians are ignorant of what side their bread is buttered on. They want jobs, they want the luxury of living beyond their means, they want their country to survive its present economic crisis, and yet they nurse their innate prejudice against the white foreigner who is the banker, the investor, the financier – the creator of much of the wealth without which this country could not rise above a fishing village.

It's all about them

It is true that the more things change, the more they stay the same.

New immigration policy can 'revolutionise' sector

A Cabinet Minister believes the Government’s proposed ‘user-friendly’ Immigration policy can “revolutionise” the Bahamas’ position as an international business centre, suggesting it was likely to have been the financial services industry’s leading priority.

Are we really at a Mexican stand-off?

“VALUE added tax (VAT) is viable in the Bahamas,” according to Kendrick Christie, president of the Bahamas chapter of the Association of Certified Fraud Examiners.

Rolle has a global aim for future of Bahamas

STATE Minister for Investments Khaalis Rolle plans to put The Bahamas at the forefront of global developments.

East GB opposes sand mining plan

Resorts and bonefishing guides yesterday expressed outrage that a Bahamian company was seeking approval for sand mining just outside a proposed Marine Protected Area (MPA) off eastern Grand Bahama, fearing it will jeopardise both investments and livelihoods.

Casual work spread threatens employees with 'dire straits'

A trade union leader yesterday described the spread of part-time, casual work as “a major concern’, warning that it threatened to both leave Bahamians “in dire straits” and completely change the industrial relations landscape.

Slaves to a new 'massa'

BAHAMIANS are not adequately critical of authority. We are subservient to it. We fear it. We are awed by title, wealth, social station, pomp and circumstance.BAHAMIANS are not adequately critical of authority. We are subservient to it. We fear it. We are awed by title, wealth, social station, pomp and circumstance.

Diocese honours employee for 40 years of service

Members of the Anglican Diocesan Office held a special luncheon on Friday afternoon to celebrate, recognise and thank Juanita Nairn Grant, administrative assistant to Bishop Laish Boyd, for 40 years of outstanding service to the Anglican Diocese.

Call for action on crime and the economy

IT should come as no surprise to the hierarchy of this country’s PLP government that its record after just over a year in office has come under intense scrutiny.

'Significant' ruling defines manager staff

A leading unionist yesterday described as “very significant” a ruling in which the Court of Appeal changed its mind, as it helped to define who was a ‘managerial’ employee.

Coke bottler eyes $300k upgrade to new Freeport HQ

Caribbean Bottling Company (Bahamas), the Coca-Cola producer, yesterday said it was close to sealing the purchase of a new base for its Freeport operations, and expects to invest $300,000 in upgrades to the property.

Opposed to marijuana legalisation

EDITOR, The Tribune.

Medical school in GB pull-out

Ross University is set to close its Freeport-based medical school in early 2014, Tribune Business can reveal, dealing a fresh blow to Grand Bahama’s ailing economy just as several positive developments loom on the horizon.

Dropping air routes 'not political move'

BAHAMASAIR General Manager Henry Woods yesterday dismissed claims that the decision to drop routes to Treasure Cay was a politically motivated punitive measure.

Bahamian retailers set to create 'Federation'

Bahamian retailers will meet tomorrow to further their bid to create an industry Federation, with sector players warning it would be “catastrophic” not to warn the Government about Value-Added Tax’s (VAT) likely impact.

2013 in review: Urban Renewal

WHEN the Progressive Liberal Party returned to office in May 2012 they brought with them a new initiative they claimed would effectively fight crime – Urban Renewal 2.0.

Fears lightering fees may 'kill' marine industry

MARINE industry stakeholders yesterday balked at proposed fees to regulate the lightering industry, one prominent executive describing them as “unheard of” and warning that such a move could kill the sector and “stifle” the Freeport economy.

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