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Gov’t wage bill’s $68m jump ‘not annual norm’
The Ministry of Finance's top official last night said the $68m year-over-year increase in compensation for government employees during the 2022-2023 fiscal year is "not an annual norm".
Promotion Board president urges 30% stopover focus
The Bahamas Out Island Promotions Board president yesterday urged the nation to near-double the proportion of stopover visitors that make up its tourism base to 30 percent.
Yacht broker alarm on 'dismal' winter charters
Bahamian yacht brokers yesterday warned charter bookings for the peak winter season are "dismal" with the sector "almost at a standstill" due to VAT's imposition and lack of clarity on how it works.
Migration down overall - but rise in those headed to the US
ROYAL Bahamas Defence Force (RBDF) Commodore Raymond King said the northern Bahamas has seen a 90 per cent increase in migration to the United States.
Construction’s fears on ‘bread and butter’
The Bahamian Contractors Association’s (BCA) president has voiced fears that construction’s “bread and butter” will be undermined if the declining trend in mortgage loan approvals persists.
Out Islands 115MW bid launch ‘fantastic’
Abaco’s Chamber of Commerce president yesterday hailed the launch of a bidding process for Out Island microgrid, renewable and clean fuel generation as “fantastic”, adding: “I can’t wait for it to start.”
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
President of Boxing Federation Vincent Strachan off to Congress
VINCENT Strachan, president of the Boxing Federation of the Bahamas, left town on Tuesday for the International Boxing Association Ordinary Congress in Dubai, UAE. Strachan is slated to return December 10.
Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
REGATTA TIME AGAIN: Best-of-the-Best off to great start in Montagu Bay
The sixth Best of the Best Regatta lived up to the hype on day one of the sloop sailing event. Skippers and their crew members were in top form on the waters at Montagu Bay, competing in Class A, B, C and E.
NPBA: High Flyers earn victories
THE Sand Dollar High Flyers division one and two teams added another victory to their win columns after defeating the Island Development Rebels and BIBT Great Whites on Wednesday night at the CI Gibson Gymnasium.
Nygard scuttled $10m Bay Street wharf sale
Peter Nygard scuttled the $10m sale of a prominent Bay Street property that could play a vital role in downtown Nassau’s rebirth, a Supreme Court judge has revealed.
DEADLY OUTCOME WARNING OVER BAIL: ‘If I could turn back time, I wouldn’t let my brother get bail’, Monitor company details alert system for police, Carlos Reid – curfew stipulations not being enforced
IF Carlisa Davis could rewind time, she wouldn’t let her older brother get bail. Elvardo Deveaux was 19 when he allegedly killed a man on Maxwell Lane and 22 when he was fatally shot on Milton Street.
PLAYER OF THE MONTH: Tatyana Madu performs well to earn award for November
GRAND Bahama native Tatyana Madu has turned in top performances in November to make her the Tribune Sports Player of the Month. The newest Tribune Sports section segment recognises the collective showings of athletes (male and female) across all sporting disciplines for each month.
Nipped in the Bud: Brewery reversal over 40-year tie-up
Commonwealth Brewery yesterday suffered a reversal as the Court of Appeal sided with Budweiser’s global parent in the dispute over the termination of their 40-year Bahamian distribution deal.
TEAM BAHAMAS SET FOR OLYMPIC QUALIFIER: Selected to play in Group B in Valencia, Spain
As they all watched the FIBA Olympic Qualifying Tournaments 2024 draw unfold on Monday, assistant coach Moses Johnson said they are thrilled with the pool the Bahamas national men’s basketball team was placed in.
NPBA action: Rockets, Regulators in the win column
ON Monday night, the Leno Regulators and Discount Distributors Rockets pulled off wins in division one and two men’s basketball action for the New Providence Basketball Association (NPBA) at the CI Gibson Gymnasium.
Block on former Tribune editor’s pension will be investigated, says NIB
NATIONAL Insurance Board chairman Philip McKenzie said the board will investigate former Tribune managing editor John Marquis’ complaint that his pension payment has been blocked “for no good reason”.
IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
