Business Videos

02:35

VideosApril 9, 2019 at 9:01 pm Eyewitness News

Videos

Ferreira: PLP overcharged for government homes

April 9, 2019 at 9:01 pm | Eyewitness News

03:13

VideosDecember 11, 2018 at 7:00 am Eyewitness News

Videos

FNM 2018 track record assessed

December 11, 2018 at 7:00 am | Eyewitness News

02:49

BusinessNovember 2, 2018 at 6:51 am Eyewitness News 1

Business

Predatory lending prevalent in The Bahamas

Described as modern day economic slavery, lending institutions with high-interest rates prey on the working class – many of whom are government employees with the ability to get salary deductions. Eyewitness News explores the issue as more and more Bahamians find themselves sinking into consumer debt.

Described as modern day economic slavery, lending institutions with high-interest rates prey on the working class – many of whom are... read more »

November 2, 2018 at 6:51 am | Eyewitness News | 1

02:40

BusinessAugust 23, 2018 at 5:36 am admin

Business

WiFi now on public bus rides

Bus drivers union makes move for 21st century bussing Dozens of public buses have now been equipped with free WiFi for passengers traveling across routes in New Providence. The initiative, which has been paid for by the union representing bus drivers, came into effect on Sunday. “We not looking at 10 years from here, we […]

Bus drivers union makes move for 21st century bussing Dozens of public buses have now been equipped with free WiFi... read more »

August 23, 2018 at 5:36 am | admin

01:50

BusinessMarch 28, 2018 at 4:20 am Theo Sealy

Business

OWN provides thousands in financing for small businesses

Thousands of dollars in venture capital is about to be pumped into the local economy as Own Your Bahamas – simply referred to as OWN – launched its fourth installment at the British Colonial Hilton yesterday. Created in 2015, the programme, spearheaded by Island Luck (IL) Cares Foundation, is a local initiative that serves as […]

Thousands of dollars in venture capital is about to be pumped into the local economy as Own Your Bahamas –... read more »

March 28, 2018 at 4:20 am | Theo Sealy

00:47

BusinessMarch 20, 2018 at 4:25 am admin

Business

“PLP to blame for blacklisting”, says Symonette

Financial Services Minister Brent Symonette said Monday that members of the former Christie administration “dragged their feet” with important deadlines imposed by the European Union (EU), which he claimed, is ultimately what led to The Bahamas being blacklisted last week. However, he asserted that the issue is “non-political” and that he is focused on getting […]

Financial Services Minister Brent Symonette said Monday that members of the former Christie administration “dragged their feet” with important deadlines... read more »

March 20, 2018 at 4:25 am | admin

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02:46

BusinessMarch 20, 2018 at 3:52 am admin

Business

Coco Cay is no concern for tourism

Minister of Tourism Dionisio D’Aguilar said on Monday there is no reason to worry over the new $200 million development on Coco Cay, which belongs to the Royal Caribbean Cruise Line. The project has come under fire in recent weeks as local activists expressed concern about Nassau’s port losing out significantly to the new cay. […]

Minister of Tourism Dionisio D’Aguilar said on Monday there is no reason to worry over the new $200 million development... read more »

March 20, 2018 at 3:52 am | admin

01:06

BusinessMarch 13, 2018 at 6:53 am admin

Business

Hundreds to get Ocean Cay jobs

A three-day job fair in the capital and Grand Bahama, in which officials said nearly 150 persons will find “gainful employment” on Ocean Cay near Bimini, is set to begin on Wednesday. At a press conference yesterday, Labour Director Robert Farquharson said, the project will provide temporary as well as permanent jobs for hundreds of […]

A three-day job fair in the capital and Grand Bahama, in which officials said nearly 150 persons will find “gainful... read more »

March 13, 2018 at 6:53 am | admin

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02:16

BusinessMarch 8, 2018 at 5:46 am Theo Sealy

Business

Bahamian UBER set to come on stream early Spring

Transportation is expected to become more convenient for locals, according to one emerging ride company considered the new Bahamian UBER, as it was officially announced yesterday. Bahama Ride has partnered with mobile service provider ALIV, to ensure all it future passengers have a highly comfortable experience. “We realized there was need, a void in the […]

Transportation is expected to become more convenient for locals, according to one emerging ride company considered the new Bahamian UBER,... read more »

March 8, 2018 at 5:46 am | Theo Sealy

02:02

BusinessMarch 8, 2018 at 5:30 am admin

Business

BCA vows to hold Govt. accountable on OBAN promises

The Bahamian Contractors’ Association (BCA) said it will be watching and waiting to see if the Minnis administration keeps its word as it relates to Bahamian contractors receiving the bulk of the jobs on OBAN Energies $5.5 billion oil refinery and storage terminal in Grand Bahama. BCA President Leonard Sands put the government on notice […]

The Bahamian Contractors’ Association (BCA) said it will be watching and waiting to see if the Minnis administration keeps its... read more »

March 8, 2018 at 5:30 am | admin

02:06

BusinessFebruary 22, 2018 at 5:50 am admin

Business

Turnquest: Govt. still on track with finances; revenue increased by $25 million

The government has spent $30 million more than was budgeted since May for “surprise” bills left by the former Christie administration, Deputy Prime Minister and Minister of Finance, Peter Turnquest revealed yesterday in the House of Assembly. Despite the unexpected expenses however, Turnquest said the government is still on track to bring the country’s fiscal […]

The government has spent $30 million more than was budgeted since May for “surprise” bills left by the former Christie... read more »

February 22, 2018 at 5:50 am | admin

02:12

BusinessFebruary 20, 2018 at 5:52 am Genea Noel

Business

GB $5.5 billion project sparks environmental concerns

Environmental concerns over the $5.5 billion project earmarked for east Grand Bahama are beginning to mount as the government signed a Heads of Agreement with Oban Energies today to establish an oil refinery and storage facility without an environmental impact assessment in place. Both sides however, assured that the project will be environmentally sustainable and […]

Environmental concerns over the $5.5 billion project earmarked for east Grand Bahama are beginning to mount as the government signed... read more »

February 20, 2018 at 5:52 am | Genea Noel

00:43

BusinessFebruary 16, 2018 at 5:55 am Genea Noel

Business

Island Luck continues crackdown on inter-island money transfers

Island Luck gaming company witnessed a 90 percent decline in client withdrawals and deposits since last November when the company took an aggressive approach to crack down on inter- island money transfers. The news comes from the company’s Chief Compliance Officer, Neil Major, who told Eyewitness News yesterday that the majority of the company’s 80,000 […]

Island Luck gaming company witnessed a 90 percent decline in client withdrawals and deposits since last November when the company... read more »

February 16, 2018 at 5:55 am | Genea Noel

01:39

BusinessFebruary 14, 2018 at 8:14 am Genea Noel

Business

PM: Land discount for home ownership set for June

Bahamians seeking home ownership through government are expected to receive a major discount. Prime Minister, Dr. the Hon Hubert Minnis, shared details on the new initiative yesterday. The venture was first announced by the prime minister during his national New Year’s address. The low-cost lots land initiative is expected to spur economic growth with land being made […]

Bahamians seeking home ownership through government are expected to receive a major discount. Prime Minister, Dr. the Hon Hubert Minnis,... read more »

February 14, 2018 at 8:14 am | Genea Noel

03:48

BusinessFebruary 14, 2018 at 5:15 am Genea Noel

Business

PM, ministers tour Point development; hint to plans for downtown development

The Point hotel completed its first phase of the multi-billion dollar resort with plans for a boardwalk, additional restaurants and water features. Point President, Daniel Liu, spoke to the expansion. “This project will be done by 2019, the soft opening by April 2020,” Liu said. “From Bay Street to boardwalk, we want to encourage the […]

The Point hotel completed its first phase of the multi-billion dollar resort with plans for a boardwalk, additional restaurants and... read more »

February 14, 2018 at 5:15 am | Genea Noel