Search results for : payments
North Andros Chamber seeking to bolster digital payment education amidst banking decline
April 11, 2024
North Andros Chamber seeking to bolster digital payment education amidst banking decline
NASSAU, BAHAMAS — The President of the North Andros Chamber of Commerce says that the chamber is exploring the possibility of hosting an educational expo to raise awareness and provide guidance on digital payments, assisting residents in transitioning away from traditional banking systems, which have shown signs of decline and may not maintain a presence [...]
April 10, 2024
Changes Made to Payroll Process to Prevent Late Payments for PS-PEP Participants
In an effort to improve the payroll issues that have impacted PS-PEP participants, this month theMinistry of Labour and the Public Service, in collaboration with the Ministry of Finance, willintroduce changes to the process that are intended to prevent future delays in payments.
April 02, 2024
FTX estate aiming to begin creditor repayments by the close of 2024
FTX Bahamas properties to hit the market this month NASSAU, BAHAMAS — The FTX bankruptcy estate is working towards repaying customers of the collapsed crypto exchange by the close of 2024. This commitment was disclosed during the inaugural meeting of FTX's Bahamian subsidiary, which convened its first creditors' assembly on March 15 at Baha Mar's [...]
Manager 'pressured' on WSC payments
February 28, 2024
Manager 'pressured' on WSC payments
THE former chief financial officer (CFO) of the Water and Sewerage Corporation (WSC) testified yesterday that Adrian Gibson pressured the general manager of the company to resolve delayed payments to landscaping companies.
April 17, 2020
Claims that unemployment payments not sent to bank accounts
BAHAMIANS outside the National Insurance Board on Friday complained about problems with the service's online portal. They said their unemployment payments had not been sent to their bank accounts.
DUE PROCESS: Education Minister says payments for public school security guards are "on the way"
February 06, 2024
DUE PROCESS: Education Minister says payments for public school security guards are "on the way"
NASSAU, BAHAMAS- Minister of Education and Technical & Vocational Studies Glenys Hanna-Martin admitted to the media Tuesday morning that there were some challenges regarding on-time payment to public school security guards; but, asserted that payment is on the way. Hanna-Martin noted that her ministry communicated, to the security guards, that monies would be paid in January, [...]
December 13, 2023
PAY US: Retired police officers claim gratuity payment being withheld
NASSAU, BAHAMAS- Retired police officers are lobbying for the Royal Bahamas Police Force (RBPF) to pay overdue gratuity payments which they say have been wrongfully withheld. The retired officers allege that some of them have been waiting for up to 30 years for gratuity payments and they say they feel "forgotten."
November 03, 2023
Healthcare providers in NHI programme seek answers over payment delays
HEALTHCARE providers enrolled in the National Health Insurance programme are calling for answers after suffering payment delays last month.
Labour and Public Service Minister says new system being implemented for on time payment for employees
October 31, 2023
Labour and Public Service Minister says new system being implemented for on time payment for employees
NASSAU, BAHAMAS- Following challenges with pay for those employed with the government's 52-week program Labour Minister Pia Glover-Rolle revealed the government's plan to introduce a digitized system to address the ongoing challenges.
Prime Minister's Office denies meeting with FTX founder to discuss national debt payment
October 02, 2023
Prime Minister's Office denies meeting with FTX founder to discuss national debt payment
NASSAU, BAHAMAS- The Office of the Prime Minister is refuting claims that embattled FTX founder Sam Bankman-Fried met with Prime Minister Philip Davis to discuss paying off country's $11 billion national debt. In an excerpt from Michael Lewis' forthcoming biography, "Going Infinite: The Rise and Fall of a New Tycoon," it is claimed that Sam [...]
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