Search results for : retailers
Retailers fire back at Halkitis
March 13, 2023
Retailers fire back at Halkitis
Vice President of the Bahamas Petroleum Retailers Association Vasco Bastian yesterday expressed deep disappointment in Minister of Economic Affairs Michael Halkitis' response to the cries of the retailers for a margin adjustment, stating that Halkitis clearly has some kind of a problem with the group of Bahamian businesspeople. Speaking in the Senate last Thursday, Halkitis ...
The post Retailers ...
Fronting in the retail and construction sectors
March 13, 2023
Fronting in the retail and construction sectors
A recent ruling by Chief Justice Sir Ian Winder exposed what has long been an open secret, that a beauty and cosmetic store located in Downtown Nassau was a "fronting operation". The store's managers and the vast majority of its staff were foreign nationals, most of whom it is now revealed had been working without the ...
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March 10, 2023
Govt 'sympathetic' to gas retailers plight but not minded to grant margin increase
ECONOMIC Affairs Minister Michael Halkitis yesterday said the government is "not minded" to do anything that will increase the cost of fuel at the pump, but added that the Davis administration is "sympathetic" to the concerns raised by members of the Bahamas Petroleum Retailers Association.
Gov't Minister Hits Back at Petroleum Retailers
March 10, 2023
Gov't Minister Hits Back at Petroleum Retailers
NASSAU, BAHAMAS - Economic Affairs Minister Michael Halkitis laying out the government's position after the Petroleum Retailers Association foreshadowed that some action could come soon.
March 09, 2023
BPRA says 'stay tuned' as gas retailers soon to take action
MEMBERS of the Bahamas Petroleum Retailers Association (BPRA) say they intend to soon take action to get government's attention to their cries for a long-awaited margin increase, arguing that they can no longer afford to operate on the current margin regime due to increasing costs.
March 09, 2023
Petroleum retailers on New Providence agree to take action over fuel margins
NASSAU, BAHAMAS- Petroleum retailers on New Providence say that they have decided to take action to ensure the viability of their businesses as discussions with the government over their current fuel margins have not yielded the desired results. According to Raymond Jones, president of The Bahamas Petroleum Retailers Association, following an emergency meeting yesterday, 80 [...]
Gas retailers plan action
March 09, 2023
Gas retailers plan action
Members of the Bahamas Petroleum Retailers Association had an emergency meeting yesterday and reached agreement on action they will take in response to the non-response by the government to their request for a change in the margin, which dictates the level of profits they earn. After months of repeated appeals and warnings, Raymond Jones, association ...
The post Gas retailers plan action appeared...
Gas Retailers Fed Up with Gov't
March 08, 2023
Gas Retailers Fed Up with Gov't
NASSAU, BAHAMAS - Gas retailers holding an emergency meeting, Wednesday, to determine the next course of action, following persistent frustration with government over low price margins.
Address the petroleum retailers
March 01, 2023
Address the petroleum retailers
Last year, we urged the government to stop ignoring the issue facing petroleum retailers before further damage was done. Now, the petroleum retailers say they are at the breaking point and must either cut operational hours and operational staff or possibly both. Bahamians had a major issue with taking their own grocery bags to the ...
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Government to meet with retailers on price control
February 24, 2023
Government to meet with retailers on price control
GOVERNMENT hopes to soon meet with food retailers to come up with a permanent expanded price control list or other solutions before its existing price control regime ends on April 17, Economic Affairs Minister Michael Halkitis said yesterday.
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