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Faith Alive weekend raises the spirit

By JEFFARAH GIBSON

Contractors: ‘Perfect storm’ over raw materials quotes

Bahamian contractors “cannot control prices” because quotes on building materials are holding for as little as 48 hours, with one saying yesterday: “It’s just the perfect storm.”

$50m capital raising comes Aliv next week

The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.

Ingraham complaints dismissed by Deputy PM

IN DEFENCE of the government’s fiscal performance this term, Deputy Prime Minister Philip Davis yesterday dismissed criticisms levelled by former Prime Minister Hubert Ingraham as complaints from an “alternative universe”.

Nassau targets 62.5% increase in cruise calls

Nassau Cruise Port is projecting a 62.5 percent in monthly cruise ship calls between September and December 2021, it was revealed yesterday, with demand exceeding available berths in the Christmas run-up.

BTC post-paid customers angry after overcharging for services

IRATE Bahamas Telecommunications Company post-paid mobile customers yesterday told The Tribune they now have “issues of trust” and are contemplating leaving BTC for its competitor Aliv, after they were overcharged for services and did not learn of the issue until weeks after the extra fees were heaped on their bills.

Another murder pushes 2019 total up to 88

Police were last night on the scene of a homicide in Excellence Estates off Golden Isles Road where an adult male was confirmed dead. This killing brought the murder count for the year up to 88. An increase on last year when, as of October 21, 2018, The Tribune’s records show there were 71 murders up until that point.

Loan delinquencies up $92m as tourism arrivals totally dry-up

Mortgage and consumer loan delinquencies soared by $91.8m in two months as tourist arrivals to The Bahamas dropped 98.4 percent year-over-year for October, the Central Bank has revealed.

TOUGH CALL: The history of healthcare in the Bahamas

DR HAROLD Munnings is about to publish a book on the history of healthcare in the Bahamas.

Broker 'caused' to supply false financial details

The mastermind behind a $340 million Ponzi fraud allegedly “caused” a BISX-listed firm’s broker/dealer affiliate to issue “fabricated financial information” that resulted in the value of investors’ holdings being overvalued by almost $149 million.

Verdict leaves Baha Mar at ‘serious disadvantage’

A Baha Mar director has expressed fears that yesterday’s Supreme Court ruling will further “embolden” its Chinese partners to harden their negotiating stance in talks to resolve the dispute over the $3.5 billion project.

S&P: Primary surplus key to stable rating

The Government will take a major step towards convincing Standard & Poor’s (S&P) to maintain the Bahamas’ ‘investment grade’ rating if it can hit primary Budget surplus targets from the 2015-2016 fiscal year onwards.

$7m project combines key PI tourism assets

A veteran hotelier is planning to invest $7 million in recombining two key Paradise Island tourism assets, in a venture that will create at least 30-40 new jobs.

Civilian divers find plane wreckage just 40 mins into search

A CIVILIAN effort to locate the plane of missing pilot Byron Ferguson proved fruitful after a team mobilised by Gina Knowles, co-founder of online support group HeadKnowles, discovered plane debris in the waters off Nirvana Beach yesterday.

Family Islands urge: ‘tax web shops to the hilt’

Family Island businessmen yesterday urged the government to “tax the web shop industry to the hilt” because it has left many communities “in shambles”.

Angry hotel unions raise strike threat

Hotel workers were yesterday warned it would be “absolute madness” to further damage a tourism industry already “reeling” from Hurricane Dorian with industrial action during the peak winter season.

AG to web shops: ‘Time to pay up’

The Attorney General yesterday warned the web shop industry it was “time for lawful taxes to be collected”, and said of the Government’s stance: “We’re ready to go to war.”

'Tremendous' turnout at Fusion Superplex job fair

NEARLY 1500 job-seekers turned up to the Fusion Superplex entertainment venue yesterday, as the company seeks to fill up to 80 part-time and full-time openings.

Bahamas First in 18.5% motor claim increase

Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==

Thomas joins Roc Nation Sports roster

TAHNAJ Thomas became the second Bahamian baseball prospect to sign with one of the fastest rising sports agencies in America.

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