Archive | July, 2015

PM Concerned Over Izmirlian’s State of Mind

Following what he calls a “disrespectful” statement from Baha Mar’s CEO Sarkis Izmirlian, Prime Minister Perry Christie said he has “grave concern” for the state of Izmirlian’s mind. On Monday, Baha Mar released a statement expressing that it is “disgraceful” that the salaries of Baha Mar employees were not paid by the government. According to […]

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Baha Mar Talks Resume

The government will engage in a new round of mediated talks with the parties involved in the Baha Mar debacle in hopes of reaching a resolution and allowing for the completion of construction and eventual opening of the long anticipated multi- billion dollar project, Prime Minister Perry Christie confirmed Tuesday. Attorneys representing The Bahamas Government, […]

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Nottage Outlines Bahamas’ ‘Blueprint’ for Crime Success

Creating safer communities is perhaps the most significant challenge facing most, if not all, regional countries, Minister of National Security Dr. Bernard Nottage told regional corrections officials. “Over the past decades, throughout this region, there has been a significant increase in the levels of homicide and violent crimes such as armed robbery, attempted murder and […]

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Sentencing for Man Convicted of Manslaughter Delayed

The sentencing of a man who was convicted of manslaughter was adjourned for the second time on Tuesday. Andrew Knowles, better known as “Yellow,” was acquitted of murder but convicted of manslaughter by provocation back in March of this year for the killing of Delsean Bullard. According to reports, in January of 2010, Knowles had […]

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Tourism Kicks Off Junkanoo Summer Festival Before Thousands

It looked like a prelude to the annual Boxing and New Year’s Day parades as thousands flocked to Arawak Cay for the opening of the Junkanoo Summer Festival on Saturday, July 4, 2015. Organized by the Ministry of Tourism, the festival will be held every Saturday during the month of July. It is aimed at […]

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Family Islands to Receive New Doctors

Chief Medical Officer (CMO) at the Ministry of Health Dr. Glen Beneby on Monday introduced a group of doctors set to be deployed to various Family Islands to make up for the scarcity in doctors. The CMO presented just a fraction of the more than a dozen physicians that received contracts varying from a minimum […]

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China Construction: Baha Mar Failed to Secure Financing -“Resort Mismanaged Project’s Design”

China Construction America Bahamas Ltd. (CCA Bahamas) revealed yesterday that Baha Mar’s decision to file for bankruptcy is a result of the resort’s failure to secure adequate financing and its mismanagement of the project’s design. In a statement, CCA Bahamas explained that Baha Mar’s mismanagement includes the replacement of the principal architect after construction commenced, […]

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New Unit, Regulatory Changes for Petroleum Companies, Forthcoming

The government has taken the necessary steps towards the establishment of a Department of Environmental Monitoring and Planning Unit that will be responsible for implementing rules and regulations to prevent, manage and mitigate fuel leaks such as the one that occurred at the Rubis Robinson Road Service Station. The government will also implement “long overdue […]

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Harried Entrepreneurs Offered Online Accounting Tool– Logistikor launches new software

Few small businesses can afford the time and cost of electronic accounting records. That is, until now. With the introduction of value-added tax and its filing requirements forever altering the business landscape, Quincy Rolle, founder of Logistikor.com, has created an affordable, easy to use VAT invoicing and accounting software system with tools customized specifically for […]

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First Bahamian Woman Elected ICAC President

The Institute of Charted Accountants of the Caribbean (ICAC) is pleased to announce that Jasmine Davis has been elected as its new president for the period 2015-2016. Ms. Davis was elected on June 25, 2015 at the ICAC’s 72nd Annual General Meeting held in Port of Spain, Trinidad. She is the first Bahamian woman to […]

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