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Bank stability at 7-year high on $400m profits
The Bahamian commercial banking sector’s stability hit a seven-year high in 2022, the industry’s regulator has revealed, as combined profits soared nearly 59 percent to just shy of $400m.
Bran plans $250k lawsuit over ‘crippling roadworks’
A former Democratic National Alliance (DNA) leader will this week initiate legal action against the Government over $250,000 in loss and damages his law firm suffered when it was “crippled” by the Village Road roadworks.
Rhema breaks record for the gold in javelin
NCAA champion Rhema Otabor posted a record-breaking performance and Keyshawn Strachan returned to full strength as Team Bahamas got another impressive showing from the throwers to highlight the country’s performances at the North American, Central American and Caribbean Under-18 and Under-23 championships.
Anthonique Strachan rounding into form
AFTER running in the pack in the women’s 200 metres on Friday, sprinter Anthonique Strachan didn’t have it to contend in the 100 two days later as she competed in a pair of Diamond League meets over the weekend.
Leadership is key to a better future
Recent articles in The Tribune have left me wondering about what the next 50 years has in store for The Bahamas.
Bahamas would face ‘disaster’ without major deficit reduction
A governance reformer yesterday hailed the Government’s 2023-2024 Budget as correct for the times since The Bahamas would be facing “disaster” without a major cut to the annual fiscal deficit.
‘Disgruntled’ tourists seeking BPL refunds
Some Family Island resorts are reporting that “disgruntled clients” are demanding refunds due to the frequent Bahamas Power & Light (BPL) outages that are disrupting their experience of The Bahamas.
FOCOL aids BPL probe into contaminated fuel
FOCOL’s top executive has confirmed it is assisting Bahamas Power & Light (BPL) with the latter's probe into how contaminated oil rendered one of the latter's North Andros generation engines inoperable for several days.
Reforms to boost financial services industry flexibility
Reforms to two key corporate products will boost the Bahamian financial services industry’s competitiveness by enabling it to provide more flexible structures to clients, the Attorney General has charged.
Union gives BPL 30 days to address concerns
THE union representing electrical workers has given Bahamas Power and Light (BPL) a 30-day ultimatum to address their concerns related to hazardous pay, pension and medical benefits, among other issues.
University offers mental health qualification
THE University of The Bahamas said it would offer a master’s programme in mental health and school counselling, “areas where there is a clear and present need”.
‘Historic first’: Dionisio teams with Sir Franklyn
Sir Franklyn Wilson yesterday hailed as an “historic first” the involvement of two former tourism ministers as investors in a project aiming to become “the Bahamian destination of choice for the most discerning” traveller.
BPL: From ‘dramatic savings’ to sky-high bills in three years
Bahamas Power & Light (BPL) has gone from “dramatic savings” on its fuel costs that have been hailed by the Inter-American Development Bank (IDB) to sky-high electricity bills in just three years.
EU backlist threat to storm claims payouts
The Attorney General yesterday warned that European reinsurers could withhold up to 25 percent of claims payouts for hurricane victims unless The Bahamas escapes the continent’s tax blacklist.
FTX chief targets Bahamas property ‘misappropriation’
FTX’s founder and two of his closest associates were last night accused of “misappropriating” some $4.86m of client monies to acquire high-end Bahamian real estate that they subsequently put in their personal names.
Executive joins Bonefish and Tarpon Trust Board
A SENIOR Atlantis executive has joined the Bonefish and Tarpon Trust as a board member
AC challenges at Justice Centre ‘being addressed’
SUPREME Court Deputy Registrar Renaldo Toote said the air-conditioning challenges that prompted workers to walk out of the Garnet Levarity Justice Centre in Grand Bahama are being addressed.
Iconic Nassau business at centre of legal battle
A legal battle has erupted among one of Nassau’s most prominent families that centres on a long-standing Bahamian business with a corporate history dating back 60 years to before Majority Rule.
VICTORY AND DEFEAT MARK OPENING DAY: Bahamas’ 12U team beats Cayman Islands, loses to Cuba on day one
Team Bahamas’ 12-and under (12U) baseball club earned a win and loss on day one of the Babe Ruth Caribbean Region Championships.
CARIFTA Triathlon set for Nassau in August
THE Bahamas Triathlon Association (BTA) is delighted to announce that they have successfully won the bid to host the highly anticipated CARIFTA Triathlon Championships.