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Minister: $200m spend rise not what it seems
A Cabinet Minister yesterday said the $200 million rise in the Government’s recurrent spending was not what it seemed, and largely represented the transfer of expenditure between accounts.
Gov’t confident over Carnival visitor rise
The Minister of Tourism was yesterday optmistic that the second Bahamas Junkanoo Carnival festival attracted more visitors than in 2015, and that it remained within budget.
PM: Murder rate ‘unacceptable’
PRIME Minister Phillip “Brave” Davis said his administration is concerned about the nation’s escalating murder rate, but is hopeful that their crime fighting initiatives will start “bearing fruit” soon.
Exuma oil spillage: ‘Polluter must pay’
An environmental activist yesterday said it was vital those responsible for last week’s Exuma oil spill pay the full clean-up cost and “meaningful penalties” to deter further pollution-related negligence.
Munroe left ‘disappointed’ by increased murder tally
NATIONAL Security Minister Wayne Munroe expressed disappointment yesterday in the country’s murder toll which is the highest since 2017, saying “if one person is murdered, I am disappointed.”
CIBC’s corporate unit in 40% bad loan shrink
CIBC FirstCaribbean’s Bahamian corporate and investment banking unit saw non-performing loans shrink by almost 40 per cent in its 2016 financial year, as the bank continued its “solid” recovery from past credit provisioning.
Policy reforms need for $200m IDB guarantee
The Bahamas must implement several policy reforms to develop its “blue economy” in return for obtaining a $200m guarantee that will underwrite the government’s planned $700m foreign currency bond.
More than 1,600 evacuees in New Providence shelters
MORE than 1,600 people are in emergency shelters in New Providence, according to the National Emergency Management Agency, as Hurricane Dorian’s decimation forced 4,800 people to be evacuated to the capital.
Minister says Bahamians won’t be forced to take vaccine
HEALTH Minister Renward Wells stressed yesterday that Bahamians will not be forced to take a vaccine for COVID-19 while at the same time revealing his ministry has already drafted a “fully functional, laid out vaccination plan” developed over the past two months.
THE VIEW ON THE STREET
Constituents in South Beach and Pinewood talk to The Tribune on the eve of the poll
CIBC 'disagrees' with fines by the Bahamas
CIBC FIrstCaribbean has expressed its displeasure at fines imposed by Bahamian regulators in documents for its planned $240 million initial public offering (IPO) in New York.The bank, in a section of the IPO document detailing regulatory risks, said
Suns awaiting decision on Ayton appeal
The Phoenix Suns are still awaiting a decision on Deandre Ayton’s appeal process on his suspension, but no announcement has been made on talks between the league and the Players Association.
We need Financial Independence
I entirely agree with your correspondent Brian E Plummer which you published on Monday, March 25, when he points out that developed economies deal more in manufacturing than the developing economies.
Island-wide blackout plunges thousands into darkness - again
TRANSMISSION network failure and related issues caused an island-wide power cut that plunged thousands of New Providence residents into darkness on Friday for hours. The power cut caused great embarrassment when it interrupted the final games of Bat
‘God has my back’: Hours later, mother of six shot dead and dumped in bushes
THE husband of the woman fatally shot in Nassau Village on Saturday said hours before his wife was brutally murdered, he had a “funny feeling” that something bad would happen.
EDITORIAL: Straight answers in fight against crime
THE spate of murders that took place at the weekend was horrifying in itself – five dead in three days with two more injured.
Bahamas wins Fed Cup opener
The Bahamas got off to a perfect start with a dominant performance in their opening match at the 2019 BNP Paribas Fed Cup.
Hobby Horse workers must wait on pay
THE roughly 200 former Baha Mar employees hired by or through The Hobby Horse Company will have to wait out the ongoing payout process to learn their fate, as Claims Committee personnel deliberate over how best to handle the “precarious” group.
New ministers briefed on impact of policies on health
THE country office of the Pan American Health Organisation and World Health Organisation (PAHO/WHO) for The Bahamas and Turks and Caicos along with the Ministry of Health co-hosted a briefing meeting for newly elected government ministers on the impa
Gov't unveils $250m BEC bond
The Government yesterday unveiled a planned $250 million bond to refinance the troubled Bahamas Electricity Corporation (BEC), saying it was “the first step to rehabilitate” its financial position.
