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‘Nothing to celebrate’ on $99m borrowing

The Opposition yesterday argued there was “nothing to celebrate” in the Christie administration’s revelation that it is only borrowing $99 million to fund the 2016-2017 fiscal deficit, its finance spokesman saying it had over-burdened Bahamians with taxes to achieve this.

GDP boost from raising Bahamas' 60% Net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

GDP boost from raising Bahamas' 60% Net access

GDP boost from raising Bahamas' 60% Net access By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net LESS than 60 per cent of Bahamian homes have Internet access, the Bahamas Telecommunications Company's (BTC) chief executive has said

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Cybots rout Wreckers 80-58, Queens blast the Operators

IT was Cybots Appreciation Night so head coach Wayde Watson said the best way for his teams to show their gratitude to their fans was to win their New Providence Basketball Association-New Providence Women’s Basketball Association double header.

Students are warned about dangers of joining gangs

ASSISTANT Commissioner of Police Solomon Cash recently visited Jack Hayward High School where he spoke to 80 to 90 senior students about the dangers of gangs.

NPBA: the final four

IT’S now down to the final four in New Providence Basketball Association (NPBA) semifinals, featuring three former champions.

PI condo seizure awaits court nod

The receiver for an alleged $22.6 million fraud is waiting on the Supreme Court to authorise his seizure of an Ocean Club Estates condo belonging to two Paradise Island residents.

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PI residents face losing condo over alleged $22m fraud

Two Paradise Island residents accused of committing a $22 million fraud may lose their multi-million dollar Ocean Club condominium home after the Court of Appeal ruled in favour of the receiver for their alleged scheme.

Night club disturbing the peace

Thank you for this opportunity to publicly address a menace that has been plaguing residents of Misty and Pastel Gardens for a very long time.

Realtor fear on 50% permanent residency rise

Realtors last night described the Government’s revised plans to increase the permanent residency threshold by 50 per cent, from $500,000 to $750,000, as “bad news” and something to “head off”.Brent Symonette, minister of financial services, yesterday

Bahamas faces recession if US falls over ‘fiscal cliff’

The US could tip the Bahamian economy back into recession within eight months unless Washington reaches a deal by tonight to avert its so-called ‘fiscal cliff’, a former finance minister has warned.

$4.1bn pension liability a ‘Titanic-sinking iceberg’

The Government’s unfunded public sector pension liabilities will hit $4.1 billion by 2032 without proper reform, a leading accounting firm yesterday describing this as “unsustainable” and akin to “the iceberg that sank the Titanic”.

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Bahamas on a roll at Pan Am Bowling Championships

The men’s team was the first to hit the lanes for Team Bahamas at the Pan American Bowling Confederation (PABCON) Championships being hosted in Cali, Colombia.

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Cobras rout Pacers 80-39

The CC Sweeting Cobras senior boys’ basketball team, fresh off their semifinal appearance in the Providence Basketball Club’s Yuletide Classic, made mince meat of the well-rested RM Bailey Pacers.

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‘Buddy’ and Bahamas ready to face Venezuela

Although they have yet to “finalise” the team, head coach Chris DeMarco said the Bahamas coaching staff will select a “solid” 12-man roster coming out of this week’s training camp to play against Venezuela at the Kendal Isaacs Gymnasium on Thursday night.

Lions take a bite out of COB Caribs

FLORIDA Memorial University Lions found a way to roar with a slim and a sizeable victory in their two-game series against the College of the Bahamas Caribs men’s basketball team.

BEC contenders 'cut to three'

The Government has reduced the bidding field for the Bahamas Electricity Corporation (BEC) restructuring to three groups, Tribune Business was told yesterday, and is seeking to complete the process by November 1, 2014.

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FACE TO FACE: The best decision of Paul Thompson’s life

IT was a spur of the moment decision that changed the trajectory of his entire life. He was 23 years old when he saw an ad in the Trinidad Guardian recruiting young men for the Police Force in The Bahamas. He read it and immediately knew it’s what he wanted to do. Now, at age 95, retired Assistant Commissioner of Police Paul Rupert Thompson still says it was the best decision he made in his entire life.

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Realtor: '25% or fewer listings' impede MLS as activity gauge

A BAHAMIAN realtor yesterday said the industry's Multiple Listing System (MLS) was not the best indicator of market activity because it only featured "25 per cent or lower" of properties available for sale, telling Tribune Business it would take 10 years for it to list all available real estate.

Big Red Machine just keeps rolling

The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.