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Trinidad group in minority stake in Freeport brewer

A TRINIDAD conglomerate, with extensive liquor, brewing and drinks manufacturing interests, has obtained all necessary regulatory approvals to acquire a “minority interest” in Freeport-based Bahamian Brewery and Beverage Company.

URCA: Only 305 renewable systems working in Bahamas

The Bahamas remains a long way from generating 30 percent of its energy mix from renewable sources by 2030 even though last year saw a 26 percent increase in installed capacity from such systems.

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Mixed emotions

ActivTrades

LAST week was a week for mixed emotions on Wall Street.

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DIANE PHILLIPS: Yella, the king of the queen conch

THEY call him ‘Yella’, though not even he remembers why. Someone just did, and it stuck.

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ONE ELEUTHERA FOUNDATION: Lessons learned from my Bahamian friends

MY relationship with the people of Eleuthera and The Bahamas dates back to early 2000. More than 20 years later (including the last seven years that I’ve served as President of One Eleuthera Foundation of the US), I continue to learn many life lessons from my Bahamian friends.

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Baha Mar teases Melia plan as volumes up 20%

Baha Mar’s president yesterday hailed an “extraordinary first quarter” and “record March”, with 2023 business volumes up 20 percent year-over-year, as he revealed plans to redevelop the still-closed Melia resort will be unveiled imminently.

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Nassau/PI hotels see 35% ‘business on books’ jump

Nassau/Paradise Island hotels are eyeing a 35 percent year-over-year increase in “business on the books” for 2023, it was disclosed yesterday, with “loaded” airline seats through June also up on 2022.

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PHA report: Woman who died was ‘acutely ill’

THE Public Hospitals Authority said a woman who complained in a viral video about her rapidly deteriorating platelet count was “acutely ill” and died “despite all the efforts by the clinical team, including nursing, physicians, and laboratory staff”.

Bahamas in top ten for death penalty

The recent slayings of two men on bail in New Providence passes the smell test of retaliatory killings which have become all too common in the capital.

Cleveland Eneas primary takes lead into the final day

DAY two of New Providence Public Primary Schools Sports Association (NPPPSSA) saw more primary schools cement their positions in the total team rankings going into the final day of the meet.

Minister urges UN take over of global tax woes

A Cabinet minister yesterday called for the creation of an independent multilateral body to review all tax-related blacklistings of The Bahamas and other small jurisdictions over what he described as “technical deficiencies”.

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STATESIDE: Recent firings at major news outlets do little to change the media’s landscape

AMERICA’S highly politicised, highly polarised cable TV networks regained centre stage once again this week, as both Fox and CNN fired popular stalwarts in the wake of accumulated indiscretions. It wasn’t surprising. A bit disappointing, maybe. But not too surprising.

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Munroe: Moves to limit bail for murder will be struck down

NATIONAL Security Minister Wayne Munroe said there is no way to restrict bail grants through legislation, noting past efforts have failed throughout the region.

Aquapure ‘dam bursts’ over price increases

A Bahamian bottled water supplier yesterday said it had been forced to implement its first product-wide price increase for 15 years as “a last resort” with costs having increased “no less than 30 percent” since COVID hit.

$20m developer seeking ‘wasteful’ restrictions end

A Bahamian developer yesterday voiced optimism that the planning authorities will eliminate “wasteful” restrictions to allow his proposed $20m project to proceed and create over 100 construction and full-time jobs combined.

US allows student visa applications a year in advance

US Embassy Vice Consul Lance Peterson said that “a great change” in applying for a US Student Visa is that candidates may now do so a year before their programme’s start date.

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LARODA WARNS NIB RUNNING ON FUMES: He adds ‘the first rate increase is not going to save the fund’

MYLES Laroda said the National Insurance Board fund is “basically running on fumes” and can only be stabilised when the contribution rate is increased by 1.5 per cent for the third or fourth time in the future.

High profile investigations by the police

Our Police Force over the past decades has been active in investigations, arrests, and prosecutions of offenders, which included various high-profile residents and included several politicians in the government and opposition.

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Three charged over traffic fatalities

TWO MEN and a woman were charged yesterday with vehicular manslaughter after separate traffic fatalities in Eleuthera and New Providence.

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Bahamas beats $18.7m Suriname CLICO claim

CLICO (Bahamas) has beaten back an $18.734m claim from its Suriname affiliate with the Chief Justice slamming transactions that disguised loans as insurance policies as “a farce”.