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AG targeting 'disturbing' company formation findings
Branding World Bank findings that it takes 10-11 days to form a company in Bahamas as “unacceptable”, the Attorney General has unveiled a Companies Advisory Committee to tackle the “disturbing” result.
'Christie must keep his word and close web shops'
PRIME MINISTER Perry Christie must keep his word and carry out the mandate of the Bahamian people by closing all web shops and gaming houses, Christian Council President Ranford Patterson said yesterday.
VAT may increase poverty levels
POVERTY levels in the Bahamas could rise with Value Added Tax without safety net programmes in place, a new study by the Inter-American Development Bank has revealed.
BTC job loss fears on $24m saving plan
Fears of further job losses at the Bahamas Telecommunications Company (BTC) were raised last night due to the planned imposition of a new “centralised” business model, which will help its controlling shareholder realise a further $24 million cost saving.
Bahamas First targets 15% returns to offset ‘volatility’
Bahamas First’s top executive yesterday said it is targeting a 15 percent return on equity (ROE) in non-hurricane years to ensure it smooths out “volatility” and remains attractive to investors.
Water shortage fears compromised quality
New Providence’s frequent supply shortages resulted in the Water & Sewerage Corporation making compromises on water quality and maintenance of a key reverse osmosis plant, Tribune Business can reveal.
AML 'not terribly excited' despite 106% profit rise
AML Foods yesterday said it was “not terribly excited” about its first quarter net income more than doubling to $1.346 million, a result aided by a further 20 per cent reduction in shrinkage during that period.
Christie the man in charge
Surely the end result of the hyped Rollins drama on Farrington Road, PLP Headquarters ended up like a wet firework – hmm there has to be a major split in opinion in the PLP.
Could fire happen here?
MAUI fire… originated - started because overhead electrical wires crossed - caused a flash, unfortunately in a residential area. We have witnessed the horrific results. Could it happen in Nassau?
Two men charged with shopbreaking, stealing
TWO men were granted bail in Magistrate’s Court yesterday in connection with shopbreaking at Potter’s Cay that resulted in the theft of $448.64 worth of alcohol.
Settlement questions
Certain questions linger as a result of the settlement of a case brought by the incoming Commissioner of Police and Another against the Attorney General and others.
Concerns raised over ballot boxes
CONCERNED voters raised questions about the advanced poll results after claims surfaced that parliamentary registration officials were forced to re-open ballot boxes yesterday.
Three men plead ‘not guilty’ to attempted kidnapping
THREE men are behind bars today after they were accused of a foiled kidnapping last week that resulted in a man being injured.
Police warn against fake COVID tests
THE Royal Bahamas Police Force has warned people against obtaining fake COVID-19 tests, noting several people have recently been arrested and charged in court as a result.
Negative result for cargo ship worker
A CARGO ship worker who was transported from Exuma to New Providence last week has tested negative for COVID-19, the Ministry of Heath said. The 33-year-old male patient works on a cargo ship that services the Caribbean and the Turks and Caicos Isla
Bus driver injured
A PUBLIC bus driver is in the Intensive Care Unit at the Rand Memorial Hospital with serious injuries as a result of a traffic accident in Freeport on Saturday. Supt Jeremy Henderson, officer in charge of Traffic Division, reported that the accident
UB organises emergency student fund
UNIVERSITY of The Bahamas has established a special emergency fund to help students affected by COVID-19.
Human smuggling probe
ASSISTANT Superintendent of Police Audley Peters said police are investigating a human smuggling ring that resulted in the arrest of 32 people, including seven Bahamians.