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GB Power: No rate rise from $18.3m asset recoveries
The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.
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Ayton flashes new aspect of his offensive game, ‘Buddy’ has led Kings in scoring
THE NBA restart has gone through two of three scrimmages at Wide World of Sports Complex in Orlando, Florida, and both Bahamian players at the NBA “clean site” appear ready to perform at a high level once the games count toward the record books.
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Buddy Hield: ‘I’m just thankful that we got to an agreement’
AS a member of the Sacramento Kings for the foreseeable future, Buddy Hield said the focus now returns to the basketball court and getting his Kings to the playoffs.
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Johnson cans career-high 44 in Adidas Holiday Slam
STEPHON Johnson is in the process of a defining season at Champagnat Catholic School and continues to be a leading force for the Lions as a senior. Johnson scored a career-high 44 points in his team’s finale of the Adidas Holiday Slam in Miami, Flor
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DELAYED: Majority of striking airport staff fail to report for work despite ‘illegal’ court ruling
AN estimated 80 percent of airport workers in New Providence who engaged in a lightning strike on Monday did not return to work yesterday, despite a recent court ruling ordering them to report for duty.
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Court expresses ‘highest condemnation’ of Govt
The Supreme Court was yesterday said to have “expressed the highest possible condemnation” of the Government and Bahamas Customs’ conduct during a six-year legal battle with a prominent Freeport retail/wholesale business.
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$50m capital raising comes Aliv next week
The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.
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Deandre Ayton and Suns roll past Grizzlies 122-99
PHOENIX (AP) — Devin Booker scored 27 points, Chris Paul added 18 and the Phoenix Suns rolled to a 122-99 victory over the Memphis Grizzlies on Monday night.
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New Providence Cycling Association back in full gear
AFTER a year of inactivity because of the spread of the coronavirus pandemic, the New Providence Cycling Association is finally back in full gear.
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Dorian bravery medals presented to local heroes
MEDALS of recognition and bravery were presented to nearly 100 local heroes over the weekend on Grand Bahama for saving so many lives during Hurricane Dorian. These ordinary individuals displayed courage and risked their own lives – on jet skis, sma
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Cruise tourists: 98% to endorse Nassau vacation
Some 98 per cent of cruise passengers who came ashore in Nassau/Paradise Island said they would recommend the Bahamas to friends and relatives, a Ministry of Tourism survey finding that those on Disney vessels spent an average $20 more than those travelling with rival lines.
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5% rise in food assistance to help offset 7.5% rate of VAT
PERSONS receiving food assistance from the Department of Social Services should soon see an increase of as much as five per cent in benefits to offset the introduction of value added tax, Social Services Minister Melanie Griffin said.
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'Mid-80s' occupancies give Atlantis 'exceptional' March
Atlantis is eyeing an “exceptional” March with “across the board” occupancies in the low-mid 80 per cent ranges, its senior executive telling Tribune Business the resort had beaten early 2012 comparatives and was hitting this year’s performance targets.
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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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Adell Leona Moss Butler
Funeral service for Adell Leona Moss Butler, 91 a resident of Union Village, will be held at The Annex Baptist Church, Wulff Road & Pinedale, on Saturday 21st May, 2016 at 10:00 a.m. Officiating will be Apostle Mitchell Jones, assisted …
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Esthermae Gilbert Fife
Funeral service for Esthermae Gilbert Fife, 91 a resident of Myrtle Avenue & formerly of New Bight, Cat Island, will be held at Greater Chippingham Church of God, Eden & Rosebud Streets, Chippingham, on Saturday 4th June, 2016 at 11:30 …
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Unwise to suggest Nassau is getting safer
There are times Ministers and senior officials when they will be well advised not to comment as usually what they say comes to bite them hard. Between the PM’s statement copied by the Asst Commissioner of Police and the Minister that it was safer in Nassau can only be described as stupid.
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Gov’t ‘definitely’ beat first $150m VAT goal
Value-Added Tax (VAT) “definitely” generated more than the $150 million net revenue increase targeted for the 2015 first half, a top official yesterday revealing that June’s compliance rates matched those for the first quarter.
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Port chief eyeing Abaco power cable connection
The Grand Bahama Port Authority’s (GBPA) president yesterday suggested running an electricity cable between his island and Abaco as a way to “stabilise” electricity costs and bring rates down.
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Just one SOE ‘can throw everything’
The Government yesterday unveiled policies to govern a near-$800m portfolio of loans and guarantees to state-owned entities, a senior official saying: “One transaction could throw everything awry.”