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BISX fund eyeing up to $10m warehouse raise
A BISX-listed real estate yesterday said it plans to raise up to $10m within the next six months to finance development of its Carmichael Road warehouse after profits near-doubled during the 2023 first-half.
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UN specialist warns on storm debt cycle
A United Nations (UN) foreign debt specialist yesterday disclosed that The Bahamas is still paying off borrowings related to three post-hurricane restorations with the country facing “almost unbelievable pressure” from climate change.
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Gov’t spending reform is ‘absolute necessity’
The Opposition yesterday branded reform of government spending as an “absolute necessity” as it argued that the $804.5m increase in total expenditure compared to pre-COVID levels is “possibly unsustainable”.
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Sebas teams with University of The Bahamas to solve ‘dire need’ for skills
Island Luck’s co-founder yesterday teamed with the University of The Bahamas to launch the ‘Smarter Bahamas’ initiative that aims to solve the “dire need” for enhanced technology skills among local workers.
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Gov’t told: Avoid ‘piecemeal approach’ over tax reforms
The Opposition’s leader yesterday urged the Government to avoid “a piecemeal approach” to reform in the FNM’s response to the corporate income tax proposal, warning: “We have a very small margin for error.”
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The Minister of Works should have resigned
I can’t speak for anyone else, but every time I see Alfred Sears, Minister of Works on TV or in the daily newspaper, I see the Face of Failure, absolute and complete failure. It’s been over a year now since he was unable to locate his magical email on the IDB Hedge Programme for BPL fuel. As reported in the daily newspaper on December 9th, 2022, Mr. Sears finally admitted that he had indeed received the emails from BPL fuel hedge committee on October 9, 2021. So, it took Mr. Sears 425 days to locate emails after repeatedly saying he had no knowledge of these emails.
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Sebas in ‘tax-free zip code’ Aeropost plan
Island Luck's co-founder yesterday said his Aeropost e-commerce platform will differentiate itself from rivals by adding freight-forwarding capabilities that employ a "tax-free zip code" to offer clients better rates.
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STATESIDE: The history of abortion issue in the US
THERE has been reporting and commentary in The Tribune in recent days about some issues that are important to a lot of women here and in the United States. (And to a lot of men, too).
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FRONT PORCH: Religious leaders in the public square
THE temptation of religious leaders to become obsessed with political power and influence is older than the Christian Scriptures. Among many others, Rev. Billy Graham warned religious leaders to be judicious in the manner in which they interact with political leaders.
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Uriah McPhee primary school expected to open today with staggered learning
DOMINIQUE McCartney-Russell, acting director of Education, said the Uriah McPhee Primary School is expected to open today with staggered learning that will see some students return today and others next week.
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Atlantis hits pre-COVID cash flows with $182m
Atlantis has “stabilised” its net cash flow at pre-COVID levels by generating $182.3m for the year to end-March 2023, it was revealed yesterday, as analysts reaffirmed the credit ratings on its $1.2bn debt.
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$30m investment set to aid 25,000 Bahamians
Some 25,000 Bahamians and 150 small and medium-sized enterprises (SMEs) are projected to benefit from a $30m investment to unlock the country’s ‘blue economy’ potential and enhance coastal protection.
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AML: ‘Smaller’ stores are path to the future
AML Foods has signalled it paid $1.1m to acquire the future site of its Solomon’s Carmichael store and associated shopping centre as it revealed that “smaller footprint locations” will be its future format.
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Commercial driver licence training raising concerns
Concerns were voiced yesterday over Abaconians and other Family Island residents incurring extra cost and inconvenience through having to fly to Nassau or Freeport for commercial vehicle driver training.
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Record heat causing coral bleaching
THE record heat this summer is causing widespread coral bleaching, “killing off entire reef systems,” according to the Perry Institute for Marine Science (PIMS).
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Abaco firefighters in licence confusion
HOURS after Abaco firefighters claimed police threatened to “book them” if they failed to get a commercial driver’s licence, the Ministry of Transport said fees for that licence are waived for emergency first responders.
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EXAMS: DROP IN STUDENTS RECEIVING A TO C GRADES – Minister says BGCSE results show ‘much work to do at all levels of the system’
THE number of students who achieved A, B and C grades in BGCSE exams this year dropped compared to 2022, with more students receiving D, E, F an G grades.
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Rolle: UB Athletics looking forward to ‘productive’ year
THE University of The Bahamas (UB) Mingoes have welcomed 25 freshmen student athletes to join the respective sporting teams. The Mingoes have fielded competitive women and men’s teams in basketball, soccer, track and field, golf, volleyball, softball and cross country over the years. With fresh faces now joining the fold, the UB Athletics Department is ready for the new sporting year.
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Team Bahamas named for Concacaf Nations League
THE Bahamas Football Association has announced a 23-player roster for the upcoming Concacaf Nations League match against Puerto Rico. The game is scheduled to be held at the Thomas A Robinson National Stadium on September 9.
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The Health Professions Council unveils new app
THE Health Professions Council has unveiled an innovative APP to enhance patient care and safety while streamlining the professional registration and accreditation processes.