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BPL eyed 58% lower costs than fuel hike
Bahamas Power & Light (BPL) was on target to lock-in fuel costs “through March 2024” that were up to 58 percent less than the skyrocketing increases unveiled by the Government yesterday, documents have revealed.
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‘Why up to 163% BPL fuel price hike as oil costs fall?’
Questions were raised yesterday as to why Bahamas Power & Light (BPL) is proposing to increase its fuel charge by up to 163 percent at a time when global oil prices are starting to decline from their March 2022 peak.
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Hotels fear BPL hikes set to ‘derail’ rebound
Bahamian hotels yesterday warned that Bahamas Power & Light’s (BPL) planned fuel charge hikes of up to 163 percent have caused “outright anxiety” in the sector and could “derail” the post-COVID return to financial viability.
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FNM Leader: ‘Significant blunder’ at BPL by govt
FREE National Movement Leader Michael Pintard said the Bahamian people will now have to pay the bill for the “significant blunder” at Bahamas Power and Light by the government with respect to the fuel hedging that was put in place by the previous FNM administration.
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PETER YOUNG: New British PM will have to do better than this
Having commented last week that the new British Prime Minister, Liz Truss had made a good start, only days later the picture has changed dramatically.
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Over 1,800 travellers hit by Bahamasair sickout
Bahamasair’s top executive yesterday revealed more than 1,800 passengers were impacted by Sunday’s flight attendant sickout as he voiced optimism that the airline’s reputation will not suffer long-term damage.
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Tourism rebounds to 90% pre-COVID level
Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.
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Thelma Gibson workers ‘have had enough’
TENSION between teachers at Thelma Gibson Primary School and the school’s principal continued yesterday, with a number of workers allegedly calling in sick or refusing to show up to work.
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88 UPS units donated to Ministry of Education and Technical and Vocational Training
PRECISION Power Solutions Limited yesterday donated 88 UPS units to the Ministry of Education and Technical and Vocational Training.
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Two years, three months in prison for stealing and lying to officer
A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.
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Richardson talks national team baseball, youth movement
ACCORDING to Bahamian baseball pioneer Antoan Richardson, the continued success of Bahamian players with the Great Britain Baseball programme should intensify efforts for The Bahamas to field its own independent senior national team.
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INSIGHT: Shadow of crime never goes away
THE Bahamas reached an unwanted landmark last week – the 100th murder of the year.
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Bahamasair ‘crippled’ by cabin crew action that hits passengers
Hundreds of Bahamians and tourists yesterday had their travel plans thrown into chaos when Bahamasair was forced to cancel all afternoon flights due to an “unwarranted sickout” by 80 percent of rostered flight attendants.
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BOB ‘can’t say we’re bank’ till loan growth
Bank of The Bahamas cannot truly “say we are on the way back” until it generates sustainable loan book growth again despite enjoying a 2022 financial year in which profits more than doubled to hit $11.218m.
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Oil explorer: No $500,000 ‘top up’ on Bahamas well
AN OIL explorer is not expecting to pay an extra $500,000 insurance premium “top-up” over its Bahamian exploratory well because this was drilled “without incident” last year.
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BBA full steam ahead with Caribbean Cup
With the assurance that the new Andre Rodgers Baseball Stadium will be completed by November, the Bahamas Baseball Association is moving full steam ahead with the hosting of the fourth Caribbean Cup.
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Munroe warns those committing crimes 'police will get you'
National Security Minister Wayne Munroe on Friday expressed confidence in the government's crime plan despite the country's murder count surpassing 100 fatalities.
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Vaccines to be made available in schools
Parents to receive their vaccination consent letters in next two weeks
ACTING Chief Medical Officer Dr Phillip Swann said officials are making final arrangements to facilitate the administration of paediatric vaccines in schools to help increase vaccinations among children.
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STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas
Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.
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Jonquel’s ‘marathon season’ ends in FIBA WCup quarters
A marathon season for Jonquel Jones came to an end in the quarterfinals of the FIBA World Cup in Sydney, Australia.