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National debt shrinks $77m in third quarter
The Bahamas’ national debt shrank by almost $77m during the 2023 third quarter but this proved insufficient to reverse the total $400m-plus growth incurred over the prior 12 months, it was revealed yesterday.
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Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
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Coral restoration drive to boost ‘blue’ economy
The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.
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PAHO Director Emeritus Dr Carissa F. Etienne dies
The Pan American Health Organization announced on Friday that Director Emeritus Dr Carissa F. Etienne has died.
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Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
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Carl Hield on a roll in pro bouts
SINCE making his professional debut in October, Bahamian boxer Carl Hield has been unstoppable.
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Nygard scuttled $10m Bay Street wharf sale
Peter Nygard scuttled the $10m sale of a prominent Bay Street property that could play a vital role in downtown Nassau’s rebirth, a Supreme Court judge has revealed.
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Bahamas Waste celebrates nine-year partnership with Nassau Rowing Club
BAHAMAS Waste continues to celebrate its nine-year partnership with Nassau Rowing Club, through a renewed commitment to ensuring the organisation’s sanitation needs are met year-round.
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PLAYER OF THE MONTH: Tatyana Madu performs well to earn award for November
GRAND Bahama native Tatyana Madu has turned in top performances in November to make her the Tribune Sports Player of the Month. The newest Tribune Sports section segment recognises the collective showings of athletes (male and female) across all sporting disciplines for each month.
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Nipped in the Bud: Brewery reversal over 40-year tie-up
Commonwealth Brewery yesterday suffered a reversal as the Court of Appeal sided with Budweiser’s global parent in the dispute over the termination of their 40-year Bahamian distribution deal.
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TEAM BAHAMAS SET FOR OLYMPIC QUALIFIER: Selected to play in Group B in Valencia, Spain
As they all watched the FIBA Olympic Qualifying Tournaments 2024 draw unfold on Monday, assistant coach Moses Johnson said they are thrilled with the pool the Bahamas national men’s basketball team was placed in.
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NPBA action: Rockets, Regulators in the win column
ON Monday night, the Leno Regulators and Discount Distributors Rockets pulled off wins in division one and two men’s basketball action for the New Providence Basketball Association (NPBA) at the CI Gibson Gymnasium.
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Block on former Tribune editor’s pension will be investigated, says NIB
NATIONAL Insurance Board chairman Philip McKenzie said the board will investigate former Tribune managing editor John Marquis’ complaint that his pension payment has been blocked “for no good reason”.
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IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
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Junior tennis players off to college showcase in Maples
SEVEN of the country’s top junior players are heading off to Maples, Florida to participate in a college showcase, thanks to their involvement in Island Tennis Bahamas at the Atlantis resort on Paradise Island.
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Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
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Sixth Best of the Best Regatta in Montagu Bay this weekend
WITH sailing now officially declared the national sport of The Bahamas, the hype has intensified as the skippers and their crew get their boats ready to compete in the sixth Best of the Best Sloop Sailing Regatta in Montagu Bay this weekend.
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ONE ELEUTHERA FOUNDATION – The lurking danger of margarine
IF corn were to be wiped from the face of the earth by a maniacal pathogen, we Bahamians would be lost for breakfast. On just about every restaurant menu throughout the archipelago, one can find “boiled fish”, “stewed fish”, “corned beef”, “tuna”, and “steamed sausage”, all traditionally served with grits.
