Fishers Alliance doubles down on foreign nationals bar

NASSAU, BAHAMAS — The Bahamas Commercial Fishers Alliance (BCFA) yesterday reiterated its support for legislation barring foreign nationals from working on Bahamian-owned boats, telling Eyewitness News that opposition to the proposed law “was to be expected”. Adrian LaRoda, BCFA president, told Eyewitness News, “Quite honestly the opposition to it was something to be expected because it […]

HubertEdwardsGlobal announces Leadership Excellence Awards nominees

NASSAU, BAHAMAS — HubertEdwardsGlobal has announced the selection of its 2020 Leadership Excellence Award nominees. This year, the awards are to be made in memory of Dr Myles Munroe, former senior pastor of Bahamas Faith Ministries, author, international speaker and trainer. The 2020 awardees are Joan Albury, CEO of the Counsellors Limited; Pastor Mario Moxey, […]

Turnquest: “No secret” these are difficult times as government prepares to present Fiscal Strategy Report

NASSAU, BAHAMAS — The government will present its Fiscal Strategy Report to Parliament next week, according to Deputy Prime Minister and Minister of Finance Peter Turnquest. Speaking with reporters ahead of a Cabinet meeting yesterday, Turnquest noted that the COVID-19 pandemic has had a tremendous toll on the economy. “That is going to continue to […]

Govt looking to “broaden” economic permanent residency

NASSAU, BAHAMAS — Minister of Financial Services, Trade and Industry and Immigration Elsworth Johnson said yesterday that the government is looking to “broaden” the country’s economic permanent residency offering, noting that digitization has helped to expedite that process. Johnson said: “We are also looking at the economic permanent residency and how we broaden that for […]

D’Aguilar urges Bahamians to help curb COVID spread for US travel advisory reassessment

NASSAU, BAHAMAS — Tourism Minister Dionisio D’Aguilar today urged Bahamians to do their part in helping to curb the spread of COVID-19 and bring down the number of positive cases in the country, noting that this is key to the United States revising its travel advisory against this nation. D’Aguilar told reporters ahead of a […]

Roberts laments Super Value’s “troubling” COVID expense rise

NASSAU, BAHAMAS — A major supermarket chain owner said yesterday that the COVID-19 pandemic has resulted in a “troubling” rise in the company’s expenses, while also noting that in-store sales were dropping consistently each week. Super Value Owner Rupert Roberts said the consistent decline in sales was likely a result of limited consumer income in […]

Mortgage Corp undertaking “complete” financing and accounting restructure

NASSAU, BAHAMAS — The Bahamas Mortgage Corporation (BMC) has engaged in a complete restructuring of its accounting and finance department, its Chairman Patrick Ward noted yesterday, while also revealing that the BMC has engaged a local firm to perform all outstanding external audits dating back six years. Ward, who was speaking at the official opening […]

Fishers Alliance hails “loophole” removing legislation

NASSAU, BAHAMAS — The Bahamas Commercial Fishers Alliance has welcomed the new fisheries legislation which it said removes “loopholes” and allows greater management of the sector by the Department of Marine Resources. In a statement, the Bahamas Commercial Fishers Alliance (BCFA) said: “The Bahamas Commercial Fishers Alliance applauds the tabling in Parliament of the new […]

Tech solutions provider urges greater support for local developers

NASSAU, BAHAMAS — A Bahamian technology solutions provider is urging greater support for local developers, with his company having recently added two additional features to its offering. Kevin Adderley, a Bahamian tech developer currently residing in Seattle and founder of the professional services Pro242 app, told Eyewitness News: “One of the things we really want […]

DPM and Sky Bahamas chief slam $30 mil fraud claims as “categorically false”

NASSAU, BAHAMAS — Deputy Prime Minister Peter Turnquest and Sky Bahamas Principal Captain Randy Butler yesterday denied allegations of their involvement in a $30 million “bogus loan” scheme, slamming the claims as “categorically false”. Turnquest and Butler have been accused of defrauding a company of some $30 million via “bogus loans”, court documents obtained by […]

Tourism shutdown has “massive hit” on BTC’s bottom line

Company “tempering” Christmas expectations NASSAU, BAHAMAS — The Bahamas Telecommunications Company’s (BTC) top executive yesterday acknowledged that the shutdown of the tourism sector has had a “massive” impact on the quad provider’s bottom line, noting that the hospitality sector represents some 30 to 35 percent of its B2B revenue. Garfield “Gary” Sinclair told Eyewitness News […]

Nassau primed to capitalize on strong cruise demand, say NCP execs

NASSAU, BAHAMAS — There is strong demand for Nassau as a cruise destination, Nassau Cruise Port (NCP) executives said yesterday, with construction on the port redevelopment said to be proceeding at “full speed”. Mike Maura, the cruise terminal operator’s chief executive, said during a press conference yesterday that despite the significant fallout the cruise industry […]