Reliability (or lack thereof, Nassau, Abaco, Exuma etc) is one issue, Stability ( lack thereof) is the issue in Grand Bahama. Rates are everyones problem. Ask any Hotel what their AC/Ice machine/Pool pump repairs/renewal budget is per property as compared to any other like hotel property worldwide. Medical facility bills for Medical equipment repairs/replacement. Failure rates on anything plugged into the grid.
Are you sure you want the name of the Bahamas behind it Banker? You speak of trust issues as if it is a Bahamian asset........ Would you not agree that Government the world over are trying to figure out how to control and tax Bitcoin? Didn't South Korea just recently shut down a few exchanges? What was the outcome of that?
"I am pleased to say that Grand Bahama Power Company has expressed its preparedness to be flexible in rates, particularly for new technology companies."
So, GBPC will give discount rates to tech firms, and recoup the revenue how? Add it to the rates/bills of existing customers? Not to mention the horrible quality of electric supply. The power may not go out as often as Nassau, but it sure fries AC compressors, Fridges, freezers, Ice machine compressors and Industrial Motor control boards, and plays havoc with basic internet reliability. The GBPA is even less qualified than URCA with respect to technical "policing" or quality control of GBPC. Both are basically "rate approval boards"
Sad how we keep repeating the same old pitch and woo over and over, but never entice any international industry to establish themselves here. Wonder if they get the "build it and they will come" principal?
Has the Government realized it is now short of new Entrepreneur "victims" to fleece? What ass would open a business against the odds which are ever increasing? Streamlining? Currently it is death by a thousand cuts (and bribes) garnished with bureaucratic idiocy.
They did this a few years ago in Nassau, older neighborhood in which quite a few houses have been renovated/enlarged. Unfortunately the real property tax assessors (do they even exist?) seemed to have jacked the tax across the board in that neighborhood, even on 50 year old un renovated homes. We sold out, and rolled out. Damn near gave it away frankly. The home of a pensioner no less. Government wants more eggs but abuses the chickens. Idiots.
The Governments mistake is taking the same political road in this, by rebuilding private homes, as it has taken for decades in all other spheres of Government operations: "The Government will give-The Government will look after-The Government will spend" The Government is a most incompetent set of Power hungry thieving despots who have dug for the country the hole it is in, the digging of which illustrates the Governments only competency.
No matter how transparent an elected Government may be, no matter how sensible an agenda, Each and every Government dept. and agency is operating on the same old "who ya know" "who ya pay" principal. The multi headed monster is still lurking in every corridor and office.
"One example of the thankless task during my time is the fact that the department often could not obtain what it needed to do its job,” Mr Mitchell said, “at the same time as the country was demanding more." So you're saying you, as Minister was unable or unwilling to Give the Immigration Dept what they needed? As to "Loony Toon" Human Rights activists, who frequently refer to U.N. edicts/standards and statements on Human rights, positions that you yourself have often touted as adhering too, I can only say it seems a classic Daffy v. Bugs is your go to defense. Good Luck Mr. Russell.
The_Oracle says...
Reliability (or lack thereof, Nassau, Abaco, Exuma etc) is one issue, Stability ( lack thereof) is the issue in Grand Bahama. Rates are everyones problem.
Ask any Hotel what their AC/Ice machine/Pool pump repairs/renewal budget is per property as compared to any other like hotel property worldwide. Medical facility bills for Medical equipment repairs/replacement.
Failure rates on anything plugged into the grid.
On PM touts Bahamas' 'reliable electricity'
Posted 23 January 2018, 4:05 p.m. Suggest removal
The_Oracle says...
Are you sure you want the name of the Bahamas behind it Banker? You speak of trust issues as if it is a Bahamian asset........
Would you not agree that Government the world over are trying to figure out how to control and tax Bitcoin? Didn't South Korea just recently shut down a few exchanges?
What was the outcome of that?
On BISX to 'jump in' oncryptocurrency IPOs
Posted 23 January 2018, 3:58 p.m. Suggest removal
The_Oracle says...
"I am pleased to say that Grand Bahama Power Company has expressed its preparedness to be flexible in rates, particularly for new technology companies."
So, GBPC will give discount rates to tech firms, and recoup the revenue how? Add it to the rates/bills of existing customers? Not to mention the horrible quality of electric supply.
The power may not go out as often as Nassau, but it sure fries AC compressors, Fridges, freezers, Ice machine compressors and Industrial Motor control boards, and plays havoc with basic internet reliability.
The GBPA is even less qualified than URCA with respect to technical "policing" or quality control of GBPC.
Both are basically "rate approval boards"
On PM touts Bahamas' 'reliable electricity'
Posted 23 January 2018, 3:01 p.m. Suggest removal
The_Oracle says...
Sad how we keep repeating the same old pitch and woo over and over, but never entice any international industry to establish themselves here.
Wonder if they get the "build it and they will come" principal?
On Minnis visit to Texas to drum up business
Posted 23 January 2018, 2:46 p.m. Suggest removal
The_Oracle says...
Ahh, true, cannot have attorneys cutting into that 10% cut that seems to be returning to the port "licensing" arrangements.
On Port Authority unveils 'one-stop shop' portal
Posted 18 January 2018, 3:59 p.m. Suggest removal
The_Oracle says...
Has the Government realized it is now short of new Entrepreneur "victims" to fleece?
What ass would open a business against the odds which are ever increasing?
Streamlining? Currently it is death by a thousand cuts (and bribes) garnished with bureaucratic idiocy.
On Business start-up process in 50 per cent cut
Posted 18 January 2018, 3:57 p.m. Suggest removal
The_Oracle says...
They did this a few years ago in Nassau, older neighborhood in which quite a few houses have been renovated/enlarged. Unfortunately the real property tax assessors (do they even exist?) seemed to have jacked the tax across the board in that neighborhood, even on 50 year old un renovated homes.
We sold out, and rolled out. Damn near gave it away frankly. The home of a pensioner no less.
Government wants more eggs but abuses the chickens.
Idiots.
On 'Crazy' property tax 'tears Abaco apart'
Posted 18 January 2018, 3:51 p.m. Suggest removal
The_Oracle says...
The Governments mistake is taking the same political road in this, by rebuilding private homes, as it has taken for decades in all other spheres of Government operations: "The Government will give-The Government will look after-The Government will spend"
The Government is a most incompetent set of Power hungry thieving despots who have dug for the country the hole it is in, the digging of which illustrates the Governments only competency.
On Gov't 'can't damage fiscal position' over insurer VAT demand
Posted 12 January 2018, 5:59 p.m. Suggest removal
The_Oracle says...
No matter how transparent an elected Government may be, no matter how sensible an agenda,
Each and every Government dept. and agency is operating on the same old "who ya know" "who ya pay" principal. The multi headed monster is still lurking in every corridor and office.
On URCA eases Sebas’s radio delay ‘hardship’
Posted 11 January 2018, 3:28 p.m. Suggest removal
The_Oracle says...
"One example of the thankless task during my time is the fact that the department often could not obtain what it needed to do its job,” Mr Mitchell said, “at the same time as the country was demanding more."
So you're saying you, as Minister was unable or unwilling to Give the Immigration Dept what they needed?
As to "Loony Toon" Human Rights activists, who frequently refer to U.N. edicts/standards and statements on Human rights, positions that you yourself have often touted as adhering too, I can only say it seems a classic Daffy v. Bugs is your go to defense.
Good Luck Mr. Russell.
On Mitchell concern at Pratt departure
Posted 4 January 2018, 7:02 p.m. Suggest removal