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Caribs cut Giants down to size
REUBEN Goodman and Alvano Laing canned a basket and a pair of free throws in the final minute as the College of the Bahamas Caribs men’s basketball team pulled off their biggest victory of the season as they pack their bags to head off for their first international trip this year.
‘No disconnect’ despite $200m surplus increase
The Bahamian economy’s “exceptional” post-COVID rebound justifies revisions of more than $200m in key Budget projections, top officials asserted yesterday, despite Opposition fears of a “disconnect” that will undermine fiscal credibility.
Mortgage relief criticisms 'legitimate enough', says leading plan architect
A leading architect of the Government’s mortgage relief plan has described criticisms that it will not have the advertised effect as “legitimate enough”, while arguing that it would “be a good start” even if just 20-25 per cent of delinquent borrowers were assisted.
Baha Mar plant eyes $13m from local investors
THE developer of Baha Mar's proposed renewable energy plant is seeking to part-finance the project through raising $13 million in capital from Bahamian investors via a preference share issue, Tribune Business can reveal.
Foreign creditor outrage on 2% Baha Mar offers
Baha Mar’s outraged foreign creditors were last night talking of class action lawsuits, after being offered claim settlements as low as 2 per cent of what they are owed.
Man jailed for drug possession makes plea for wife's acquittal
A 46-year-old man sentenced to a year in prison on Friday for drug possession made a passionate plea to the deputy chief magistrate and the Crown to have his wife of less than 90 days acquitted of the crime.
Contractor’s part win over bungled BTC agreement
A bungled contract triggered a dispute that resulted in the Bahamas Telecommunications Company (BTC) being ordered by the Supreme Court to compensate an independent contractor for four months of work.
Bank chief hopes Bahamians will have ‘learned their lesson’
The Clearing Banks Association’s chairman yesterday said he hopes Bahamians have “learned their lesson” from COVID-19 about the need to withstand economic catastrophe by building-up savings.
‘Govt on environment is say nothing, do nothing’
AN activist has branded the government “regressive and secretive” in its handling of environmental issues.
Make Nassau Harbour breaches 'top of pile'
Nassau Harbour’s deteriorating breakwaters should be “top of the pile” in the Government’s priorities, a port chief argued yesterday, given the threat to 90 per cent of the city’s imports.Michael Maura, Arawak Port Development Company’s (APD) chief e
Man brought back to life after heart stops twice - Complicated 10-hour surgery saves Cayman man's life -
CAYMAN ISLANDS – A 33-year-old man is breathing again, with a sigh of relief, after the Health City Cayman Islands medical team brought him back from the brink of death.Bjorn Ebanks’ heart stopped twice and he underwent CPR (cardiopulmonary resuscita
It’s 24 hours: Minnis ramps up curfew to tighten grip in virus war
FACED with a matter of “life and death”, Prime Minister Dr Hubert Minnis announced more stringent COVID-19 prevention measures, including a daily 24-hour curfew and the closure of airports and seaports beginning at 9am today through to March 31.
One-cent coin use to cease by end-2020
The Central Bank yesterday said its plan to end the Bahamian one-cent coin’s use as legal tender by end-2020 will save itself and the banking system $7m over a ten-year period.The regulator, unveiling its rationale for ending the coin’s 54-year histo
ALICIA WALLACE: Don’t blame us, Mr Johnson
It is, unfortunately, not unusual for Members of Parliament and Cabinet Ministers to insult the Bahamian people, especially in their bids to excuse their own actions.
Cruise line bid slams port rivals
The Nassau port bid allied with the cruise lines yesterday slammed its rivals for offering “unnecessary” extras that will undermine Prince George Wharf’s “long-term viability”.
Renewable pioneer makes 50-100% AC saving pledge
A Miami-based pioneer yesterday said he could provide “the most cost effective technology to both cool the Bahamas and provide fresh water”, pledging that it could cut air conditioning costs by between 50-100 per cent.
'Tremendously sad' if multi-billion opportunity missed
The Bahamian economy would receive a much-needed multi-billion dollar injection if international wreck salvaging companies were permitted to work in its waters, one operator yesterday warning it would be “tremendously sad” if this opportunity was not exploited.
Baha Mar energy partner seeking $6m in Bahamas
The company behind Baha Mar’s proposed Seawater District Cooling (SDC) plant is seeking to raise $6 million from Bahamian investors, Tribune Business can reveal, having signed a 20-year energy supply agreement with the Cable Beach resort developer.
Ordinary Bahamians will 'own' the VAT
VAT stands for ‘Value Added Tax’. VAT is a ‘tax on consumption’, levied by the national government. VAT is levied on most goods and services provided by registered businesses.
UPDATED: Police name seven victims in helicopter crash
A Bahamasair jet left Grand Bahama International Airport on Friday afternoon with the bodies of billionaire Chris Cline, his 22-year-old daughter, Kameron, and five other people who were killed in a helicopter crash off Abaco.