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PM told: $22m savings if BPL fuel trades done

A draft Cabinet paper seemingly prepared for the Prime Minister advised that Bahamians could enjoy a further $22m in savings if trades were executed to continue Bahamas Power & Light’s (BPL) fuel hedging at discounted prices.

Is this a parking zone?

West Bay opposite OPM the Wynn property the centre green median – is this a parking zone? The past few weeks obviously construction workers are using this green no parking zone for a convenient parking area – one, it obstructs the view for oncoming traffic, secondly, if there was an accident certainly potential for fire in a number of vehicles.

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DEREK SMITH: Happy workers keep a company on track

Identifying potential employee-related risks is the goal of human resource risk management. Businesses can avoid possible issues by ensuring they hire the right employees. It is vital to mitigate employee-related risk to maximise revenue, reputation, profitability and other aspects of their operations.

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No. 22 Tennessee beats No. 3 Kansas 64-50 for Atlantis title

PARADISE ISLAND, Bahamas (AP) — Tennessee’s players proved to be determined defenders and relentless rebounders, along with having the kind of toughness to ensure the reigning national champions would have little chance to get comfortable.

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Man fined for having drugs

A MAN was fined $300 in the Magistrate’s Court after admitting to having drugs for his own personal use.

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PLP will pay govt back ‘in next weeks’

PRESS secretary Clint Watson says he suspects that the Public Treasury will be reimbursed for Prime Minister Philip “Brave” Davis’ controversial trip to Bermuda by the Progressive Liberal Party in the next week or two.

Bahamian is shot dead by Turks and Caicos police

NATIONAL Security Minister Wayne Munroe said there was a police-involved shooting in Turks and Caicos which has left one Bahamian man dead, noting the incident involved members of the Royal Bahamas Police Force who were assisting the island.

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Man ‘should serve 12 years’ for repeated sex offences

A 73-year-old Grand Bahama man convicted of having unlawful sexual intercourse with an eight-year-old girl was labeled a repeated child sex offender who should serve a prison term of 12 years, a Crown prosecutor submitted to the Supreme Court.

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Man charged with attempted murder

A MAN faced an attempted murder charge in Magistrate’s Court yesterday.

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No. 22 Tennessee beats USC in OT

PARADISE ISLAND, Bahamas (AP) — Tennessee has twice played without its leading scorer at the Battle 4 Atlantis. It hasn’t stopped the 22nd-ranked Volunteers from reaching the championship game.

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Minnis: Govt needs to give answers over FTX

FORMER Prime Minister Dr Hubert Minnis has insisted there are many FTX-related questions that need answers by the Davis administration. As The Bahamas based crypto exchange fund’s collapse is news around the world, the Killarney MP said the spotlight has been shone on FTX’s conduct and the people behind the operation.

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BISX-listed fund targets asset-doubling to $100m

A BISX-listed fund is reviving ambitions to “more than double” total assets to over $100m by “looking more aggressively” for property acquisitions following its recent preference share refinancing.

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Food price control negotiations silent

Negotiations with the Government over expanding price controls on the Bahamian food distribution industry have gone silent for more than two weeks much to the sector’s relief.

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S&P’s ‘shot in the arm’ exposes growth fears

Standard & Poor’s (S&P) has given The Bahamas “a shot in the arm” while further exposing that “additional taxation” will almost certainly be needed to hit the Government’s fiscal targets, a governance reformer warned yesterday.

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Changing of the guard at hospital foundation

THE Princess Margaret Hospital Foundation, founded in 2003 to provide funding to the hospital, recently toasted a warm thank you to outgoing chairman Richard C Demeritte.

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No. 3 Kansas beats NC State in coach Bill Self’s return

PARADISE ISLAND, Bahamas (AP) — Bill Self couldn’t wait to get started yesterday at the Battle 4 Atlantis. Neither could hot-shooting Kansas rookie Gradey Dick.

Sports notes

THE Bahamas Scholastic Athletic Association completed its best-of-three volleyball championships on Tuesday at the Tom “The Bird” Grant in Yellow Elder.

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Ole Miss Rebels lose by two points in Pink Flamingo Championship

IN what turned out to be a dramatic finish to a great Baha Mar Hoops Pink Flamingo Championships last night at Baha Mar, the number 17-ranked Utah Utes held off the University of Mississippi Rebels 69-67 on a three-point play with just six seconds left on the clock.

Ellis, USC beat BYU

PARADISE ISLAND, Bahamas (AP) — Boogie Ellis scored 21 of his 27 points after the break to help Southern California beat BYU 82-76 in yesterday’s first round of the Battle 4 Atlantis.

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S&P slashes Bahamas ‘23 growth to just 1.1%

Standard & Poor’s (S&P) yesterday slashed its 2023 economic growth forecast for The Bahamas to just 1.1 percent despite giving the country a break on repeated annual creditworthiness downgrades.