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MONEYGRAM SECURITY BREACH
By CHESTER ROBARDS Tribune Senior Reporter crobards@tribunemedia.net A MONEYGram agent in the Bahamas may have lost hundreds of thousands of dollars this weekend as a result of its system being hacked, The Tribune understands. Harvey Morris, managing dir
Power firm apologises for outage in Grand Bahama
THE Grand Bahama Power Company apologised to customers yesterday for the widespread interruption in service that occurred on Tuesday night.
Man shot, three stabbed in series of attacks
POLICE are seeking the public’s help in solving a shooting, three stabbing incidents and an armed robbery that happened over the weekend in New Providence.
INSIGHT: Science is the way forward
The Bahamas, like the rest of the world, should realise by now that COVID-19 and its effects are going to be around for some time and as such we should be finding a way to live with it.
Water Corp cuts debt to main supplier by $5.2m
The Water & Sewerage Corporation’s debt to its main BISX-listed supplier was slashed by 24 percent during 2022 to $16.3m at year-end, although close to two-thirds of that sum remained delinquent.
Employee morale key to productivity
So you have hired a stellar employee to fill a specific role. Now you need to make sure they stick around, as it is not only about finding a good fit but, rather, keeping them motivated to stay. Every single employee is incredibly valuable as they play a pivotal role in the overall success of a business. Therefore, motivation is critical. Subsequently, here are a few tips to bolster employee morale as anything less can affect performance and result in low productivity.
Bahamian insurer ‘bolstered’ after hurricane losses
* Security and General in Q4 capital injection * Performance ‘marginal’, ‘below average’ * Rival Summit also gets top ratings
A MAJOR Bahamian insurer has seen its balance sheet “bolstered” by its parent as a result of recent hurricane-related losses. A. M. Best, the insurance rating agency, said Security and General Insurance Company had received a fourth quarter capital injection from its Bermuda-based owner following recent storm payouts. The rating agency, which reaffirmed the Bahamian property and casualty insurer’s creditworthiness, provided few details and its top executive, Marlon Graham, did not return Tribune Business’s voice mail message yesterday seeking comment.
Are the variant strains here? We’re still waiting for results
HEALTH officials are still waiting to receive the test results of several positive COVID-19 samples that were sent abroad to determine which of the new coronavirus strains are present in the country.
Alfred Sears urges Christie to resign as party leader
AS HE called for former Prime Minister Perry Christie to resign as leader of the Progressive Liberal Party (PLP) last night, Alfred Sears said he saw the sweeping defeat coming after Fort Charlotte residents repeatedly told him they could not stand the leadership of the country any longer, despite their personal affection for him.
Valley’s members support boycott
VALLEY Boys Chairman Brian Adderley yesterday said the majority of the group’s members are in support of its decision to leave the Junkanoo Corporation of New Providence (JCNP), with their focus now on “moving in a new direction”.
Jamaican fined $3,000 as he admits impersonating dentist
A Jamaican teenager who goes by the nickname “Pumpkin” has been fined $3,000 for admitting to impersonating a local dentist over the last five months.
20 beaches in Bahamas awarded the top rating
ABOUT 20 beaches in The Bahamas have received a “green status” meeting water quality standards that are safe for swimmers, according to an international swim guide website.SwimGuide.org - which publishes the status of beaches around the world - relea
INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'
By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w
INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'
By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w
INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'
By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w
INSURERS FEAR PREMIUMS 'DOUBLING, QUADRUPLING'
By NEIL HARTNELL Tribune Business Editor Bahamian general insurance underwriters yesterday warned that newly-passed amendments to the Road Traffic Act could result in motor vehicle premiums "doubling, tripling, quadrupling", with some types of coverage w
Fidelity results 'below target' as provisions up 136%
Fidelity Bank (Bahamas)loan loss provisions rose by 136 per cent during the 2012 third quarter, its chief executive telling Tribune Business this pushed its results for the period “slightly below expectations”.
J. S. Johnson hit by 56% underwriting fall
A 56 per cent drop in underwriting income from its Insurance Company of the Bahamas (ICB) affiliate slashed J. S. Johnson’s 2012 half-year profits by 14 per cent, with Hurricane Sandy possibly having put paid to hopes of an improved second half.
Vacation ruling ‘will affect entire workforce’
THE results of a Court of Appeal hearing on an earlier ruling that effectively entitled Bahamian workers to an extra week of paid vacation is “a matter of general importance” as it will have “implications for the entire workforce in the Bahamas.”
Scotiabank to minimse outsourcing lay-offs
SCOTIABANK (Bahamas) yesterday announced plans to “centralise’ some of its Bahamian back office functions into its Trinidad & Tobago hub, and is attempting to either avoid or minimise staff lay-offs as a result.