Even if the moratorium on gaming is removed, Sebas has an established brand in Island luck that is not likely to ever fail. It will remain the number one web shop company in the Bahamas. I do however support the creation of a national lottery so that the gamming funds that bahamians always seams to have money for can be put to better use by the government for infastructual project in all the islands. Then the country will not have to be borrowing so much money. Sebas empire is expanding every year, is he still the buggy man people make him out to be or is he a visionary. At this point in time i think we as Bahamians should give him the credit for his achievements for his accomplishments or risk loosing his future investments to other countries.. .Too big to fail is a fallacy in his case. He is diversified.
In addition, come the first quater next year. Ordinary Bahamians who have products to sell will be able to upload and sell their products locally and internationally from the website. No other local company offers that service This will help the many creative artist.and ordinary bahamians who make foods products sell them around the world. Thats game changing.
Frustrated ....I guess we can say to you "He who feles it Knows it" I still think the auditor general conclusion is simply to justify the vat increase on bread basket items. He is showing his true political colors.
The Auditor General dept as professional as they may be, may just be a little bit over their heads to come up with a figure of $2bn Consumption slash because of the rate hike. Mr Gowon Bowe explanations are more creditable. The Gov would do well to let a private sector independent accounting firm do an analysis or many would tend to conclude that this is simply one government trying to make a previous government look bad. Something that happens after every election.
" The project is being financed via a mix of debt and equity, with Bahamian investors set to have the opportunity to subscribe for a collective $25m equity stake via an initial public offering (IPO) that it is understood will launch immeniently prior to the christmas"
Thank god the IPO was negotiated before the new government came to power, To my recollection there has not been a single IPO launched under the PLP.
While it is true that Junkanoo beach will loose some customers. Clarity is needed on weather Royal Caribbean will allow only exclusive access to their PI beach club for their passengers only OR will they also allow the other cruise lines such as Disney, Carnival, Virgin or MSC, Crystal passengers to have access. I think not, so junkanoo beach will still have good business .
The forth Covid wave which is presently in Europe and is projected in the US with rising cases already starting to rise in a few dozen states, will have a negative effect on many economic predictions.
realitycheck242 says...
Even if the moratorium on gaming is removed, Sebas has an established brand in Island luck that is not likely to ever fail. It will remain the number one web shop company in the Bahamas. I do however support the creation of a national lottery so that the gamming funds that bahamians always seams to have money for can be put to better use by the government for infastructual project in all the islands. Then the country will not have to be borrowing so much money. Sebas empire is expanding every year, is he still the buggy man people make him out to be or is he a visionary. At this point in time i think we as Bahamians should give him the credit for his achievements for his accomplishments or risk loosing his future investments to other countries.. .Too big to fail is a fallacy in his case. He is diversified.
On Sebas raises $19m for e-commerce purchase
Posted 4 December 2021, 2:08 p.m. Suggest removal
realitycheck242 says...
In addition, come the first quater next year. Ordinary Bahamians who have products to sell will be able to upload and sell their products locally and internationally from the website. No other local company offers that service This will help the many creative artist.and ordinary bahamians who make foods products sell them around the world. Thats game changing.
On Sebas raises $19m for e-commerce purchase
Posted 3 December 2021, 2:32 p.m. Suggest removal
realitycheck242 says...
This New venture by Bastian will cause the death of many local retail shops and Freight forwarder companies.
On Sebas raises $19m for e-commerce purchase
Posted 2 December 2021, 4:16 p.m. Suggest removal
realitycheck242 says...
Frustrated ....I guess we can say to you "He who feles it Knows it" I still think the auditor general conclusion is simply to justify the vat increase on bread basket items. He is showing his true political colors.
On VAT rate hike slashed consumption by $2bn
Posted 1 December 2021, 4:26 a.m. Suggest removal
realitycheck242 says...
The Auditor General dept as professional as they may be, may just be a little bit over their heads to come up with a figure of $2bn Consumption slash because of the rate hike. Mr Gowon Bowe explanations are more creditable. The Gov would do well to let a private sector independent accounting firm do an analysis or many would tend to conclude that this is simply one government trying to make a previous government look bad. Something that happens after every election.
On VAT rate hike slashed consumption by $2bn
Posted 30 November 2021, 4:58 p.m. Suggest removal
realitycheck242 says...
This situation is a Quagmire for every one involved.
On Baha Mar judge seeks Bahamian judicial help
Posted 29 November 2021, 3:46 p.m. Suggest removal
realitycheck242 says...
" The project is being financed via a mix of debt and equity, with Bahamian investors set to have the opportunity to subscribe for a collective $25m equity stake via an initial public offering (IPO) that it is understood will launch immeniently prior to the christmas"
Thank god the IPO was negotiated before the new government came to power, To my recollection there has not been a single IPO launched under the PLP.
On Cruise lines ‘bullied’ Gov’t over port fees
Posted 29 November 2021, 2:53 p.m. Suggest removal
realitycheck242 says...
While it is true that Junkanoo beach will loose some customers. Clarity is needed on weather Royal Caribbean will allow only exclusive access to their PI beach club for their passengers only OR will they also allow the other cruise lines such as Disney, Carnival, Virgin or MSC, Crystal passengers to have access. I think not, so junkanoo beach will still have good business .
On Cruise giant in $3,000 annual PI seabed deal
Posted 26 November 2021, 4:31 p.m. Suggest removal
realitycheck242 says...
The forth Covid wave which is presently in Europe and is projected in the US with rising cases already starting to rise in a few dozen states, will have a negative effect on many economic predictions.
On ‘Get off sidelines’ on $200m raises
Posted 25 November 2021, 12:10 a.m. Suggest removal
realitycheck242 says...
thanks
On ‘Get off sidelines’ on $200m raises
Posted 25 November 2021, 12:02 a.m. Suggest removal