Search results for : termination
March 11, 2024
Labour Minister confirms Deltec to teriminate 23 employees, 11 let go last week
NASSAU, BAHAMAS — Deltec has indicated its intention to terminate 23 employees, with 11 already let go last week, as confirmed by Labour and Public Service Minister Pia Glover-Rolle. Deltec has not commented on the matter. The reasoning behind the layoffs remains unclear, but speculation suggests they may stem from the fallout of the FTX [...]
March 05, 2024
URGENT ROAD WORKS NOTICES - Eastern Road, Christie Street
Please be advised that Bahamix has scheduled paving works for sections of the EASTERN ROAD. The paving works will begin at the junction of JOHNSON ROAD heading east and terminate at the junction of FOX HILL ROAD.
March 01, 2024
Court of Appeal upholds former NIB director's pension benefit award
NASSAU, BAHAMAS — The Court of Appeal has upheld a Supreme Court judge's decision to award a former National Insurance Board Director seven years of pension benefits. NIB had appealed a decision of Justice Diane Stewart, who, in an April 28, 2023 ruling, determined that NIB "negligently misrepresented" to Rowena Bethel that she could participate [...]
FNM questions the closure of PharmaChem
January 15, 2024
FNM questions the closure of PharmaChem
NASSAU, BAHAMAS — Opposition Free National Movement (FNM) Leader Michael Pintard, during a press conference held at the party's headquarters on Monday, posed a number of questions to the Davis-Cooper administration surrounding the sudden closure of PharmaChem Technologies on Grand Bahama. PharmaChem Technologies closed its doors for business on January 12, 2024, just days after [...]
January 15, 2024
Former DRA managing director Kay Forbes-Smith questioned by police in DRA probe
NASSAU, BAHAMAS — Former Managing Director of the Disaster Reconstruction Authority (DRA), Katherine Forbes-Smith, has been brought in for questioning by the police over the weekend, a senior police official confirmed to Eyewitness News. Forbes-Smith was not arrested but underwent questioning as part of an ongoing investigation. The probe was initiated following a forensic audit [...]
December 01, 2023
'Agriculture Crown land leases where shanty homes are built will be ended'
ATTORNEY General Ryan Pinder said the government would terminate agriculture-related Crown land leases if shanty towns have been built on the properties.
ArawakX CEO fires back
October 02, 2023
ArawakX CEO fires back
Firing back at the Securities Commission of The Bahamas (SCB), ArawakX CEO and Chairman D'Arcy Rahming Sr. argued that his company is not insolvent and there was never any commingling of client funds. The SCB is seeking to wind up MDollaz Ltd., which operates as ArawakX. In an affidavit filed last week, Rahming said there was never any "substantive ...
The post ArawakX CEO fires back app...
SCB begins ArawakX winding up proceedings
September 19, 2023
SCB begins ArawakX winding up proceedings
The Securities Commission of The Bahamas (SCB) began winding up proceedings of Mdollaz Ltd., trading as ArawakX, after finding via investigations and interviews that the crowdfunding firm is insolvent, commingled company funds with investor money, and sold Mdollaz shares without SCB approval, according to an affidavit filed by the SCB's Executive Director Christina Ro...
Is accountability a joke to the PLP?
August 23, 2023
Is accountability a joke to the PLP?
In a further demonstration of why he should not remain in Cabinet, on Monday, Minister of Labour and Immigration Keith Bell, who has mired himself in controversy over the handling of very serious immigration matters, evoked God in his defense.
Opposition expresses concern over BCB downsizing
October 15, 2010
Opposition expresses concern over BCB downsizing
By PAUL G TURNQUEST
Tribune Staff Reporter
pturnquest@tribunemedia.net
THE OFFICIAL opposition expressed concern yesterday about the manner in which the government is going about its downsizing exercise at the Broadcasting Corporation of the Bahamas.
Speaking with The Tribune yesterday, opposition spokesman on the public services, Fred Mitchell, said that the PLP is concerned about the message...
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