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BTC union fears over CWC's $100m cost saving drive
THE UNION representing Bahamas Telecommunications Company (BTC) line staff said yesterday it was “extremely concerned” about the potential impact its majority shareholder’s $100 million cost savings push will have on jobs, warning it would “not sit idle and let them do what they want”.
Call for National Youth Policy to be implemented
YOUNG people called for a National Youth Policy to be implemented, while raising concerns about crime and the government’s handling of it during an “Operation Cease Fire: Let Your Voice Be Heard” crime forum on Monday night.
Sir Jack ‘true nation builder’
Sir Jack Hayward would only have sold his family’s 50 per cent Grand Bahama Port Authority (GBPA) stake to someone who could match his deep “passion and love” for the island, Tribune Business was told yesterday.
Tapping into loan ‘like printing money’
OPPOSITION leader Michael Pintard has warned of “grave concern” over the government tapping into $232m International Monetary Fund (IMF) special drawing rights (SDR), warning of the “equivalent of printing money”.
Union leader rejects 'parasite' labelling
A top trade union leader yesterday hit back over being described as “parasitic” by the Hotel Corporation chairman’s, asserting that the labour movement is “responsible for the new Bahamas”. Obie Ferguson, the Trades Union Congress (TUC) president, t
Pandemic a 'devastating blow' to WSC - Gibson
WATER and Sewerage Corporation executive chairman Adrian Gibson said the COVID-19 pandemic has dealt a “devastating blow” to the company’s revenue, adding officials anticipate that between 60 percent to 70 percent of its customers will not be able to
Cruise sector closure 'extremely devastating'
The cruise industry’s 30-day shutdown will be “extremely devastating” for Bay Street and all who rely on the sector for their livelihood, the Downtown Nassau Partnership’s co-chair warned yesterday. Charles Klonaris told Tribune Business that while
‘Catastrophic’ if latest COVID wave runs free
The hotel union’s president yesterday warned it would be “catastrophic” for Bahamian tourism and the wider economy if the country fails to control the latest COVID-19 outbreak.
Police road checks net 91 Grand Bahama motorists
GRAND Bahama police have cited 91 people for various traffic violations as a result of road check exercises in the past two days.
Bank chief warns VAT to increase prices 10%
A top bank executive yesterday estimated that the planned Value-Added Tax (VAT) would increase Bahamian consumer prices by around 10 per cent, with this and higher Business Licence fees increasing his institution’s operating expenses by an annual $2.5 million.
Sports Notes
THE Bahamas Association of Athletic Coaches (BAAC) is scheduled to hold the annual Bay Street Mile on Saturday.
Cable targeting 20% revenue rise via US
Cable Bahamas believes its newly-acquired US business will generate greater than “20 per cent aggregate” revenue growth for it over the next five years, having won contracts to provide services to 16,600 Florida residential units since the purchases closed.
Knights prevail
It was a busy day four in the 2013 Hugh Campbell Basketball Classic which featured an early start and the first round of eliminations in this year’s tournament.
Lucayan buyers must be Freeport’s Atlantis
The Grand Lucayan’s new owners must have an Atlantis-type impact to relaunch a destination that will have been “off the market” for at least four years, a Freeport hotelier warned yesterday.
McPhee-McCuin and Ole Miss Rebels top Flyers 63-50
It was a grand homecoming for coach Yolett McPhee- McCuin as her University of Mississippi Rebels ran away with their opening game of the Baha Mar Hoops Pink Flamingo Championship at the Baha Mar resort last night.
Rolle earns 3rd opportunity to represent Bahamas in the Pure Silk LPGA Classic
FOR the fourth year, professional golf teacher Georgette Rolle will get a chance to carry the Bahamian flag in the Pure Silk Bahamas Ladies Professional Golf Association Classic.
Tourism ‘90% unaffected’ by COVID-19 tightening
Tourism industry executives yesterday voiced optimism that the industry’s recovery will not be impacted by the government’s tightening of COVID restrictions, with one asserting it will be “90 percent unaffected”.
Team Bahamas wins Co-Ed Slow Pitch World Cup
THEY had some distractions before they left and they almost completed a perfect trip through the tournament. But nobody can argue that the Bahamas Government Departmental Softball Association’s 25-member team will be returning home today as the champions of the 2015 WBSC Co-Ed Slow Pitch Cup in Plant City, Florida.
Golden Gates men take game one of BSC best-of-3 softball championships
JEFFERY Woodside cracked a three-run home run Tuesday night as Golden Gates rebounded for a 13-12 come-from-behind walk-off-the-field victory over Charles W Saunders to snatch game one of the Baptist Sports Council men’s best-of-three championship series.
Bannister: Public education campaign undermines referendum
FORMER Education Minister Desmond Bannister yesterday accused the government of undermining the success of the gender equality referendum through its myopic approach to public education.
