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$42.5m Gov’t bond issue ‘50-60% oversubscribed’

The Government’s latest $42.5 million bond offering was expected to “at least 50-60 per cent oversubscribed”, its lead arranger told Tribune Business yesterday afternoon, just hours before its close.

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INSIGHT: Fishermen renew pleas to protect our marine resources from poachers

I congratulate our fine men and women of the Royal Bahamas Defence Force (RBDF) for the capture of yet another Dominican poaching vessel.

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Grey Goose founder's son denies February Point bid

The son of the Grey Goose Vodka brand’s founder has denied to Tribune Business that he is leading an investor group seeking to purchase Exuma’s 80-acre February Point development, while acknowledging homeowner concern over the Hart family’s exit plans.

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Brewery boosts efficiency 45%

The Bahamian Brewery and Beverage Company’s founder yesterday said the company had improved its efficiency “at least 45 per cent” since it was created five years ago, envisioning its further expansion to a 175-strong workforce.

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PM told: ‘Treat $2bn insurers with respect’

Bahamian insurers yesterday urged the prime minister to “treat the industry with the respect it deserves” over its $2bn Dorian-related payout after he suggested it was “holding back” recovery efforts.

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Lights out for 5,400 ‘can’t pay’ families

WORKS Minister Desmond Bannister revealed yesterday that 5,412 households across the country are “off the grid,” as a result of not paying energy bills for 60 days or more and collectively owe Bahamas Power and Light more than $5m.

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Non stop party as 100 Jamz celebrates 20 years

CALL IT a party or an anniversary, either way, the talk of the town as the holiday weekend approaches is 100 Jamz and its 20th anniversary.

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Wholesalers fear BFS purchase a ‘done deal’

The Bahamian wholesale industry has been told that Government approval of Bahamas Food Services (BFS) acquisition by Sysco is “a done deal”, Tribune Business was informed yesterday, although administration sources were adamant that no final decision had been taken.

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In the spotlight...

In the spotlight... Records fell, the St Augustine's College Big Red Machine took three divisions, and a series of keenly contested relay races concluded the 2012 edition of the Bahamas Association of Athletic Associations (BAAA) Scotiabank National High

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Gov't aims to 'get Bahamasair back' into Treasure cay

The Government is trying to “get Bahamasair back in” to service Treasure Cay, the minister of tourism describing the carrier as “critical” to increasing airlift and connectivity to the Family Islands.

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Cybots are number one

Once again, Brian “Tucker” Bain came through with the clutch pair of free throws down the stretch as the Mail Boat Cybots held off the Commonwealth Bank Giants 101-99 at the AF Adderley Gym Thursday night to secure their second New Providence Basketball Association championship title, adding to their first crown in 2009.

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Super Value chief fearing $12m VAT, licence cost rises

Super Value is bracing for a $1 million per month cost increase from Value-Added Tax (VAT) and other fees, its owner warning that the Government’s fiscal reform plans will “wipe out the food retail industry”.

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Halkitis denies missing targets

STATE Minister for Finance Michael Halkitis yesterday refuted media reports that the government has already blown past its forecasted deficit targets for 2015-2016.

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Aliv reaches out to help blaze victim

ALIV, as part of its duty to the community, stepped up to the plate to donate funds as well as necessary items which included clothes to 96-year-old Pinedale, Eight Mile Rock resident Doris Smith.Ms Smith is one of Grand Bahama’s oldest inhabitants w

Obit

HILDA GOLDEN GRANT-ROLLE

HILDA GOLDEN GRANT-ROLLE age 82 years of Baker Street passed at her residence on Monday, October 29th, 2018. She is survived by her Sons: Geoffrey, Alonzo, Keith and Derek Rolle; Daughters: Suzanne Rolle-Wright and Sophia Archer other relatives and friends. …

Obit

EMERALD LUCITA CLARKE

EMERALD LUCITA CLARKE 82 YRS OF HOSPITAL LANE NORTH FORMERLY OF ABRAHAMS BAY MAYAGUANA DIED ON SATURDAY MARCH 12TH, 2016 AT THE PRINCESS MARGARET HOSPITAL. SURVIVORS ARE: (2) DAUGHTERS : BEVERLY & STEPHANIE (5) GRAND CHILDREN & (15) GREAT GRAND …

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POLITICOLE: The cost of being extraordinary

I remember where I was when Michael died.

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Overall crime shows 7% decline

CRIME declined by seven percent in 2019 despite a four percent uptick in murders and a 12 percent increase in armed robberies, according to police statistics. Police Commissioner Anthony Ferguson, as he released the statistics, cited Hurricane Dorian for the murder increase from 91 in 2018 to 95 in 2019, saying law enforcement will learn from having its resources stretched to respond to a natural disaster.

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City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun

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City Markets staff allege 'conspiracy'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun