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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.
RBPF announce promotion exercise for 721 officers
POLICE last week announced the promotion of 721 officers.
Air conditioning companies see sales spike as summer temps rise
SOME air conditioning businesses report unprecedented demand for their services as residents try to protect themselves from the summer heat.
VJ Edgecombe named Junior Male Athlete of the Year
Valdez “VJ” Edgecombe has been awarded the Tribune’s 2023 Junior Male Athlete of the Year. With athletics and aquatics garnering a number of the top stories throughout the year, Edgecombe provided a bright spot for basketball in the junior category.
ArawakX directors stay in control of BOB battle
The Chief Justice has allowed ArawakX’s principals “to maintain conduct and control” of the legal battle with Bank of The Bahamas over the latter’s six-month freezing of all their accounts.
$100m Goodman’s Bay penthouse ‘compelling’ amid pneumonia claim
The developer behind the $100m, 14-storey Goodman’s Bay penthouse project last night acknowledged their neighbour’s “passion” and “attachment” but pointed to the 300 construction jobs it will create.
Liquidators ‘blocked as ArawakX set up similar operation in US’
ArawakX’s provisional liquidators have accused the crowd-funder’s principals and owner of its website of colluding to deny them control of the platform while setting up a similar US-domiciled operation.
BPL: 8% 'crazy growth' in New Providence
A senior Bahamas Power & Light (BPL) executive yesterday said the utility had seen "crazy growth" in customer demand over the summer with New Providence's peak load increasing by 8 percent year-over-year.
Bahamas can’t pay $4bn costs for climate change
The Bahamas cannot afford the $4bn required to meet its pledged climate change targets without international financial, technology and other “capacity-building” support, it has admitted.
Amateur golfers Gibson, Johnson miss the cut
It wasn’t the type of performance that Richard Gibson Jr anticipated in his return to the Latin America Amateur Championships.
Volunteer Society Act passed into law
After successful readings in the House of Assembly and the Senate, Governor General CA Smith saw the Governor-General’s Volunteer Society Act 2023 codified into law on August 11.
Jonquel Jones and NY Liberty continue Eastern Conference dominance
GRAND BAHAMIAN native Jonquel Jones and the New York Liberty continue to remain atop the Eastern Conference with a now 20-6 win/loss record. The team’s latest win came against the ninth-overall Los Angeles Sparks.
Retailers ‘not easing up’ on gas margin increase
The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.
Hero World Challenge at Albany: Tiger Woods has a sloppy finish for a 75
NASSAU, Bahamas (AP) — Tiger Woods held up just fine yesterday in his first time competing in eight months, except for limping at the end. That was more about his golf than his fused right ankle.
Edgecombe Jr, 18, has impressive showing at home
HOMECOMINGS are usually quite memorable, but for Valdez ‘VJ’ Edgecombe Jr, his return home to the Bahamas as one of the top ranked high school boys’ basketball players in the United States was extra special.
DIANE PHILLIPS: When the public speaks up, bad ideas can be grounded
A UNIQUE thing happened this week. Amid the horror played out on TV screens of violence rocking the Middle East with innocent men, women and children being captured and slaughtered, entire cities and villages burned and destroyed, amidst the burial of a revered Bahamian Cabinet minister who suffered an untimely and shocking death and amidst the tearful memorial for the head boy at QC who died before he had a chance to live, there was a bright and shining light.
Footcare provider targets new investor capital raise
A BAHAMIAN footcare provider plans to tap its investors for further equity this summer as it pushes forward with further expansion following an initial roll-out that “surpassed expectations”.
Israel’s war in Gaza ‘not right’
Thank you again for space in your valuable publication.
EDITORIAL: Murder count tops 100 again, despite COP’s promise
IN August of last year, Police Commissioner Clayton Fernander was insistent that the country would not pass a total of 100 murders. He was wrong.
Attorney loses appeal on ‘forged’ bank drafts
A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.
