nhartnell@tribunemedia.net
A Bahamian resort community yesterday said it would use the proceeds of a newly-launched preference share offering to regain momentum lost to the COVID-19 pandemic.
Sir Franklyn Wilson, chairman of Jack’s Bay Developers, told Tribune Business there was no set closing date or target amount that the Eleuthera-based project was seeking to raise from investors via an offering priced at 6.25 percent and with a minimum $50,000 investment. We re doing whatever we can to accelerate the pace of development, he told this newspaper. We re in a position where today, as soon as this COVID-19 pandemic thing is behind us, we can do what we want to do. The more funding we can raise, the more we can do in the interim. We re using the down time to make the place better to come to.
tsmith-cartwright@tribunemedia.net
STAFF at the Broadcasting Corporation of The Bahamas briefly walked off the job yesterday in what was said to be a protest over money owed to them.
The action was also meant to show solidarity to a colleague who was suspended after being “provoked” by his supervisor, The Tribune was told.
The employees’ action affected ZNS’ Morning Edition telecast with viewers who tuned in not seeing the programme as expected.
Two managers, who would not normally be in at the time of the walkout, could be seen on the BCB’s premises looking on as the staff were outside the building.