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Gas margin rise ‘non-starter’ despite fairness questions
A Cabinet minister yesterday ruled out increased margins for gas station dealers as “a non-starter” even though a major petroleum supplier conceded that current volatility “calls into question the fairness” of the industry’s pricing structure.
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'Bail like hell' to rescue $570m spending spree
The Bahamas was yesterday urged to “bail like hell to rescue the ship” after it was revealed that the Christie government’s $570 million spending spree dwarfed the VAT-led revenue rise.K P Turnquest, the Deputy Prime Minister, told Parliament there w
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Regional insurer in acquisition deal
A pan-Caribbean insurer with a Bahamian subsidiary yesterday confirmed that Peak Reinsurance Company has agreed to acquire 100 percent of the group subject to closing conditions and regulatory approvals.
Obit
Naomi Clementina Smith
Funeral service for Naomi Clementina Smith, age 86 years, of Monastery Park, will be held on Saturday April 14, 2018 at 12:00 noon, at Bahamas Faith Ministries International, Carmichael Road. Officiating will be Pastor Dave Burrows. Interment will follow in …
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Mobile data subscribers increase over six-fold
Mobile data subscribers increased more than six-fold within one year following the launch of services by the Bahamas Telecommunications Company (BTC), it was revealed yesterday, with fixed-line Internet’s market penetration also enjoying a 22 per cent increase.
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Farewell to the Sun King, Sol Kerzner
FAMILY, friends and political figures paid tribute this weekend to hotel tycoon and Atlantis developer Sir Sol Kerzner, who died on Saturday at the age of 84.
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Broker 'optimistic' doctors' captive issues resolved
By NEIL HARTNELL Tribune Business Editor A Bahamas-based insurance executive is "optimistic" that differences with the regulator over a captive insurer providing coverage to 70-80 Bahamian physicians
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Giants, Panchos get wins
THE New Providence Basketball Association continued its regular season at AF Adderley Gymnasium Wednesday night when the Johnson Trucking Panchos and the Commonwealth Bank Giants won their respective games.
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Bahamas sees $900m boost from marine areas expansion
The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.
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Fidelity’s ‘ace in hole’ on $25m profit target
A BISX-listed bank has an “ace in the hole” when it comes to hitting its $25m profits target for 2022, its top executive revealed yesterday.
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Furlough ‘frustration’: Workers want finality
A union president yesterday warned that the 90-day extension to the COVID furlough period is “adding to the frustration” of long-suffering workers who want “finality” for their plight.
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Jonquel Jones and Liberty in 0-2 hole
LAS VEGAS (AP) — A’ja Wilson scored 26 points, grabbed 15 rebounds and the Las Vegas Aces routed the New York Liberty 104-76 last night to take a 2-0 series lead in the WNBA Finals.
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Cybots defeat Giants 97-86 in opener
THE Mail Boat Cybots were in this same situation last year when they took an early 2-0 lead, but only to watch as the Commonwealth Bank Giants rebounded to eventually win the New Providence Basketball Association men’s title.
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Gov’t gains $96m in tax cheat crackdown
The Government netted almost $96 million in the first six months of its crackdown on corporate and high net worth tax cheats, it has been revealed.
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Cherubins win opener
IF the closing game of the 2013 Hugh Campbell Basketball Classic can provide anywhere near the excitement of yesterday’s opening game, the 31st edition of the tournament is shaping up to be one of the most exciting tournaments in recent memory.
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$8m Royal Towers upgrades near end
Atlantis is close to completing the $8 million renovations in the Royal Towers, which employed more than 100 Bahamians via the hiring of local contractors.
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Tributes paid to Freeport businessman Donald Roberts
GRAND Bahamians gathered on Friday to remember Freeport businessman Donald "Don" Roberts, the owner of Dolly Madison Home Centre.
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CARIFTA coach: It was a total team effort
HEAD coach Andy Knowles said he knew sooner or later the Bahamas would emerge as champions of the CARIFTA Swimming Championships.
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No layoffs over laundry changes, says Atlantis
SENIOR Atlantis Vice-President Ed Fields insisted there would be “absolutely no layoffs” at the hotel after laundry workers were told some positions had been made redundant yesterday morning.