Obit
Myrtis Bodie Johnson
DEATH NOTICE Myrtis Bodie Johnson, 91, of #69 Pinedale Street, & formerly of Hermitage, Exuma died at her residence on 7th September, 2012. She is survived by her sons: Arnsel, Glenn, Bradley, Irvin & Paul Johnson, Andrew Dean & Earle …
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VAT returns ‘flowing’, but just 13% are in
The first Value-Added Tax (VAT) returns are “flowing in”, even though just 12.7 per cent of the anticipated 550 January filers had submitted their documents by Tuesday this week.
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BTC chief projecting 30% mobile share loss
The Bahamas Telecommunications Company’s (BTC) chief executive yesterday said the industry “rule of thumb” is that the second Bahamian mobile operator will seize 30 per cent of its market share.
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Oil drilling in the Bahamas
EDITOR, The Tribune
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‘Worryingly low’ graduation’s blow to high-value economy
The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.
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Atlantis booking paceup 7% on 2011 figures
The Atlantis resort’s booking pace was 7 per cent ahead of 2011 comparatives for August, its operator telling Tribune Business it was confident that 2013 group business would “match, if not exceed” this year’s levels.
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PI residents reclaim condo before $22m fraud ruling
Two Bahamas residents have been allowed by the Supreme Court to reclaim - for the moment - their multi-million Ocean Club condo on Paradise Island, despite a Ca
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'You can buy a hotel' with Emerald Bay electricity bill
SANDALS’ chief executive has told Tribune Business “you could buy a hotel” with the monthly electricity bill generated by its Emerald Bay resort,with the property targeting a 6-7 per cent increase in its 2013 average occupancy rate.
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Debt-to-GDP lowered by a fifth, reports govt
PRIME Minister Philip “Brave” Davis commended his administration’s fiscal performance compared to that of the former administration’s pre-pandemic levels, telling the Opposition: “There is a reason why we are here and you there.”
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The story of the aircraft lost in The Bahamas
TRIBUNE readers may recall fifteen articles about Mailboats of the Bahamas in 2016. This new series about World War Two aircraft discoveries in our archipelago is similar, except the history is less static and more tactile.
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FIBA World Cup ‘23 Americas Qualifiers postponed
WITH the impending impact of Tropical Storm Nicole on The Bahamas, FIBA and the Bahamas Basketball Federation announced the postponement of the latest window of the World Cup 2023 Americas Qualifiers.
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Water Corp needs 'top up' to $20m subsidies
Water Corp needs 'top up' to $20m subsidies By NEIL HARTNELL Tribune Business Editor The Water & Sewerage Corporation will "definitely need" an increase to the existing $20 million taxpayer subsidy allocated to it for the 2011-2012 fiscal year, its gene
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Are we truly Independent Bahamas?
HAPPY 50th Anniversary Bahamas: What should we do in the next 50 years and beyond? Considerations for constitutional change.
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Loan approvals hit six-year low
Bank loan approvals fell to their lowest level for six years in the 2020 second half, it was revealed yesterday, with just two-thirds of applicants approved compared to 80 percent in the prior year.
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COVID’s ‘timing concerns’ for $24.5m cruise port IPO
Nassau Cruise Port’s chief executive yesterday said COVID-19’s economic impact has caused “concerns with the timing” of its plans for Bahamian investors to gain ownership in the $250m project.
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BPC director blasts 'preposterous' action
A Bahamas Petroleum Company (BPC) director yesterday slammed "preposterous" environmental activists for seeking to block this nation from discovering whether it has natural resources to exploit.
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Central Bank back in compliance on Gov't debt limits
THE Central Bank yesterday said its government debt holdings are back in compliance with its governing Act, with medium and long-term maturities equal to 12.52 per cent of its demand liabilities.The regulator, responding to the IMF’s Article IV repor
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Web shops facing taxation 'wipe out'
Sebas Bastian yesterday warned web shops face a “wipe out” from tax increases of up to 355 percent, as the sector accused the government of deliberately seeking to “cripple” it.The Island Luck chief confirmed to Tribune Business that he, and other op
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PHA: Expansion of salaries and benefits 'not sustainable at this time'
THE Public Hospitals Authority has disclosed that the expansion of salaries and benefits of medical personnel is “simply not sustainable at this time”, in the wake of last week’s demonstrations by healthcare unions over such outstanding issues.
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'How could I compete' against 7 cents power?
A Bahamian businessman yesterday questioned “how am I supposed to compete” against foreign rivals whose all-in electricity costs are almost two-thirds lower than BPL’s fuel charge.Robert Myers, who also heads the Organisation for Responsible Governan
