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INSURANCE BROKERS: OVER 25% TO 'FALL OFF'

By NEIL HARTNELL Tribune Business Editor More than 25 per cent of all existing Bahamian insurance brokers and agents are unlikely to be licensed under the new Act governing the sector, the Insurance Commission told Tribune Business yesterday. Arvind Bagh

‘No complaints’ on 72% profits decline

Bahamas First’s chief executive was yesterday “not complaining at all” despite a 72 per cent fall in total comprehensive income for 2016, driven by a one-third increase in net claims stemming from Hurricane Matthew.

Major power failure across New Providence

THOUSANDS of Bahamas Electricity Corporation customers were again without electricity yesterday after “generator challenges” at the Blue Hills Power Station interrupted the supply to more than 50 per cent of New Providence.

Water Corporation: 22 plants ‘no bid’

THE Water & Sewerage Corporation’s (WSC) chairman yesterday revealed that it “amazingly” issues 22 contracts to reverse osmosis plant (RO) operators “without a single one going to tender”.

Baker's Bay alone a $1bn Dorian loss

Dorian-related insurance losses are “heavily skewed” towards Abaco with one resort development potentially accounting for $800m to $1bn worth of claims by itself. Charles Johnson, a Bahamas Insurance Association (BIA) council member, told the annual

Rolle secures Bahamas’ berth in Pure Silk LPGA Classic

DESPITE the adverse weather conditions that “made it feel like a boxing match,” Georgette Rolle was able to out-distance Raquel Riley by five strokes to secure the Bahamas’ berth in the 2016 Pure Silk Bahamas LPGA Golf Tournament.

Jones and Foxes win Russian Premier League title

JONQUEL Jones and her UMMC Ekaterinburg Foxes won their second title in as many weeks on the European basketball circuit.

FEEDBACK FROM THE FIRM'S KING

By Ian Ferguson We agree that a stronger focus on our customers enhances our ability to grow and expand our businesses, and to deepen our ability to maximise customer satisfaction. We say often that the customer is 'KING', and that they are the driving f

Dispute over start of school orientations

DIRECTOR of Education Marcellus Taylor and Bahamas Union of Teachers president Belinda Wilson were at odds yesterday over the confusion surrounding this week’s school orientations.

‘Buddy’ Hield contract drama talk of the town

The drama continues around Buddy Hield’s contract negotiations with the Sacramento Kings.

Mortgage approval rate drops to 43%

MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen

BPL set for a 'maturity audit'

Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.

CLUBS AND SOCIETIES 01232016

Cycling Club Bahamas. - The Enjoy! Cycling Club Social will be held on Friday, January 29, from 7pm-10pm at Island House near Lyford Cay. Bus pick-up from Harbour Bay, 6pm sharp and Cable Beach Police Station at 6:30pm sharp, returning at 10pm.

New mobile operator ‘bang on roll-out goal’

The Bahamas’ second mobile operator and its controlling shareholder yesterday said they were “bang on target” in meeting its first roll-out milestone, describing this and the launch of services as “a miracle”.

Buddy new and improved

TUESDAY was Big 12 basketball media day and, as expected, much of the conversation at the Sprint Center in Kansas City, Missouri, centred around the reigning conference player of the year - Buddy Hield.

DR MINNIS ‘UNFAZED’ BY LORETTA CAMPAIGN

FNM Leader Dr Hubert Minnis yesterday said he was unfazed by the public campaign of contender Loretta Butler-Turner as time draws nearer to the party’s convention.

'Godfather' of track and field coaching Ronald Cartwright honoured

COACH Ronald Cartwright, considered the ‘Godfather’ of track and field coaching in the Bahamas, was honored on Saturday at the DTSP Track Classic at the Thomas A. Robinson National Stadium.

CR Walker Knights take commanding day 1 lead

Recent editions of the GSSSA Senior High Schools track and field meet have featured thrilling finishes, adding to the budding rivalry between the CR Walker Knights and the CV Bethel Stingrays.

Sir Sol Kerzner - a man the nation should honour

WITH growing calls to recognise those who have made a difference in The Bahamas, leading luxury real estate broker Mario Carey today said the man he would like to nominate for Heroes’ Day in October 2018 might come as a surprise.

Grant powers thunderwolves to championship

THE Lakehead University Thunderwolves were excited about the possibility of adding Leashja Grant to its frontcourt and the Bahamian forward has paid immediate dividends in their first few games of the season.Grant powered the Thunderwolves to an unde

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