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Exchange control delays $35m GB Power offering
Grand Bahama Power Company’s (GBPC) planned $35 million capital raising has been delayed again, this time by the need to obtain exchange control approval from the Central Bank of the Bahamas, Tribune Business understands.
Community Outreach Centre in need of assistance
ON NOVEMBER 25, 2012, St David’s Methodist Church in Grand Bahama honoured the longest serving local preacher within the Methodist Church in the Bahamas and in the Caribbean, Evangelist Lloyd Fuller Quant. Evangelist Quant has been serving the church for more than 80 years as a local preacher, ever since 1934.
Bahamas First in 94% first half profits jump
Bahamas First has unveiled a 94 per cent year-over-year increase in first half profits, although this was driven largely by a $4 million gain in the value of its investment holdings.
'UWC Triathlon Bahamas' set for Clifton Heritage Park
Forty years of service in the Bahamas for a leading international non-governmental organisation, and they seek to cast a spotlight on their organisation while fostering a major fundraising effort.
Palm Cay adds 20 jobs with eatery
Palm Cay, the real estate development on New Providence’s southeastern coast, has added 20 jobs through completion of its Marina & Beach Club.
Royal Bank readies for Freeport Expo
BC Royal Bank of Canada and RBC FINCO will tomorrow stage its 2013 Home & Auto Expo at their Freeport Branch on East Mall & Explorers Way.
Sports in brief
AFTER calling off its show that was to have returned to the Fish Fry at Arawak Cay, Champion Amateur Boxing Club will present “Saturday Night Live Boxing” at the Wulff Road Boxing Square 6pm Saturday November 9.
Player dies after collapsing on field
By BRENT STUBBS Senior Sports Reporter bstubbs@tribunemedia.net Fans and members of the New Providence Old-Timers Softball Association (NPOSA) suffered a big shock when versatile player Kent Forbes collapsed during
Power outage shuts private sector down
Businesses yesterday complained that the Bahamas Electricity Corporation’s (BEC) power outage forced them to close their doors for three-four hours, with some having to work late into the night on key documents.
Sweeting signs with Padres
Evan Sweeting’s baseball journey will continue at the professional ranks with the San Diego Padres organisation.
VAT health claims change ‘may’ not happen April 1
The Government “may not” implement the new VAT treatment for medical insurance claims payouts by its April 1 target, it was revealed yesterday, with the decision hinging on a meeting with healthcare stakeholders later this week.
Three straight: Bahamas wins Nagico T20 cricket tourney
Jonathon Barry and Mark Taylor combined for 150 runs to help the Bahamas win the NAGICO T20 Cricket Tournament for the third consecutive year.
Hitmen sweep Truckers to win title
THE Arnette’s Sporting Lounge Hitmen are the New Providence Softball Association men’s back-to-back champions as they capitalised on a controversial play with ace Alcott Forbes drilling a game ending walk-off solo home run.
Day 3: Family Island teams make debut
Day three of Hugh Campbell Basketball Classic traditionally signals the debut of Family Island schools in the national tournament, and several programmes got off to impressive starts in their respective runs at the 2013 title.
Charity’s $12k a month bill on groceries
AS food prices continue to rise, one local charity said it is spending in the region of $12,000 a month to purchase grocery items to feed the poor and needy on Grand Bahama.
FACE TO FACE: Ginny’s been peddling the recycling message for years - and it pays off
Bahamians throw away more than $1.5 million worth of aluminium cans each year – cans that could have been recycled and that could have brought money back into the country. With that amount of waste going into the landfill, being strewn across beaches, ending up in the sea and becoming litter on roadsides we have every reason to want to do something about it.
Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20
With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.
$200 fine over Indian hemp find
A MAN was fined $200 in a Magistrate’s Court yesterday for possession of dangerous drugs.
Two arrests after drugs found in separate incidents
Two men have been arrested in two separate incidents, after they were found in possession of dangerous drugs on Saturday.
100 Haitians found hiding in bushes
NEARLY 100 Haitian migrants were apprehended on Tuesday after they were found in bushes along the coastline on Inagua, the Royal Bahamas Defence Force said yesterday. Shortly after 9pm on Tuesday, an Operations Turks and Caicos (OPBAT) helicopter, w