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BPL: $3m to resolve Station A deficiencies
Bahamas Power & Light (BPL) executives yesterday said the building housing New Providence’s baseload generation capacity requires close to $3m in repairs to address deficiencies and prevent it from falling apart.
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First BOB dividend in 11 years ‘a miracle’
Bank of The Bahamas’ first dividend payment for 11 years was yesterday hailed as “a miracle” by its long-suffering shareholders after it reported its second consecutive year with profits above $11m.
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Bahamas moves on climate change infrastructure threat
The Government has enlisted the Inter-American Development Bank’s (IDB) help to assess the risks that climate change poses to “critical transport and energy infrastructure” and the amount of funding needed to mitigate this threat.
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Ex-DPM challenges Gov’t on engineer’s BPL report
An ex-deputy prime minister yesterday challenged the Government “in the interests of transparency and accountability” to disclose an engineer’s report justifying the choice of Station A for Bahamas Power & Light’s (BPL) baseload generation.
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Wilchcombe: Violence bill advice considered
SOCIAL Services Minister Obie Wilchcombe vowed to consider the recommendations of women’s rights groups during a consultative meeting about the Protection Against Violence Act yesterday.
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Lawsuit claims serious health risks from diesel
A LAWSUIT accuses Bahamas Power and Light of failing to inform the public about the “serious health risks” associated with a diesel spill that has contaminated the groundwater in an area of Nicholls Town, North Andros.
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Things it makes sense to be rid of
"A penny for your thoughts" may have gone out of style here in The Bahamas, but it got me to thinking about our dichotomy. You see, the other day when I noticed some pennies among my other coins, it dawned on me that those one cent pieces were no longer being used here in The Bahamas.
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Red Lobster gains permit for first Nassau restaurant
The Red Lobster franchise yesterday said it has finally received the required Ministry of Works permits to start constructing its first New Providence restaurant which has increased in cost by 25 percent.
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Tour operators enjoy 70% post-COVID visitor revival
Tour and excursion operators yesterday said business volumes have returned to 70 percent of pre-COVID levels amid a strong tourism rebound.
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EDITORIAL: Downtown demolitions welcome
THE start of demolition in the downtown area – getting rid of buildings that are nothing more than an eyesore these days – is both welcome and overdue.
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Davis has short-listed several people for immigration review committee
PRIME Minister Philip “Brave” Davis has shortlisted several people to serve on a committee that will review immigration procedures, according to a government source who expects Mr Davis to seek Cabinet approval before publicly disclosing details about the review.
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What the Davis administration has accomplished, and what is still left to be completed
NEARLY 100 bills were passed during the Parliamentary session that ended on Saturday, fulfilling some of the promises the Davis administration made in the 2021 Speech from the Throne.
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Dealer’s ‘art’ expansion as auto sales jump 60%
A Bahamian dealer yesterday revealed it will imminently launch its Automotive Art subsidiary in the belief operators cannot survive on vehicle sales alone despite an industry-wide 60 percent increase for the 2023 first-half.
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September seizures for property tax delinquents
Tax officials say they will begin seizing and selling real estate owned by commercial and foreign real property tax delinquents next month, adding: “We’re dotting all the ‘i’s’ and crossing all the ‘t’s’.”
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‘Burden cannot be heavier with corporate income tax’
Corporate income tax must not impose a heavier tax burden on businesses than what already exists, private sector executives are warning, while urging that such proposed reform cannot be viewed in “isolation”.
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Chief Justice shows Dorian victims mercy
The Chief Justice has shown mercy to a Freeport couple who lost their home in Hurricane Dorian by not dismissing their battle against a commercial bank and top insurance broker over a Supreme Court order breach.
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Crimestoppers are 6-0, Rampage in win column
THE Royal Bahamas Defence Force (RBDF) Rampage and Police Crimestoppers kept their early season momentum going this past weekend for the Bahamas Government Departmental Basketball Association (BGDBA).
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Bahamas Olympic Committee empowering our young ladies
THE Bahamas Olympic Committee (BOC) through the Women in Sport Commission hosted a luncheon to recognise and award the sporting talents of nine high school graduates this past weekend at the Thomas A Robinson stadium.
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Resort ‘hitting all targets’ with 95% of condos sold
The Goldwynn resort’s developer says its condominiums are 95 percent sold with the property “hitting all of its targets” ahead of what is predicted to be a strong 2024.
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Large taxpayers promised ‘crème de la crème’ service
The Government’s senior revenue official has pledged that large companies will receive “crème de la crème” service when the Large Taxpayer Unit is launched next month.