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'Greater risk' for insurers if 90-day cover eliminated
Eliminating 90-day “cover notes” will fail to curb uninsured drivers while increasing the risk faced by insurance companies, the Bahamas Insurance Association’s (BIA) chair warned yesterday.Emmanuel Komolafe told Tribune Business there was a mistaken
Bahamasair to spend $9.3m on aircraft maintenance
BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.
Minister wants an end to cash for gold
NATIONAL Security Minister Bernard Nottage called for the closure of the country’s cash for gold stores, as well as a ban on copper exports, in light of statistics showing that more than half of all armed robberies are involving jewellery or copper.
Atlantis ‘close to 90%’ occupancy in coming weeks
Atlantis will operate at “close to 90 percent occupancy” over the next few weeks, its top executive revealed yesterday, with all properties apart from the Beach Towers having re-opened post-COVID.
Hotels looking to extend lay-offs
The Bahamian resort industry is awaiting the government’s formal response to concerns that hotels will be forced to pay full termination pay to staff when the mandatory 90-day period expires. Michael Reckley, executive vice president of the Bahamas
Bahamas' 'best team ever' in World Cup qualifier 3rd leg
With their biggest task ahead of them, the Bahamas Basketball Federation has fielded its best team ever to play the third leg of the FIBA Americas’ World Cup qualifier.The team is already in Puerto Rico for the first of two games on Thursday when the
US will warn over crime
My prediction has happened. Two American tourists in Exuma robbed of thousands of dollars, another State Department Advisory will happen warning American tourists of the crime in The Bahamas.
Freeport man accused over gun and drugs
A 34-year-old Freeport man was charged in Grand Bahama on gun, ammunition and drug possession charges yesterday.
NCAA: Hield, Knowles shoot up scoring charts
IT was shooting for Bahamian players virtually across the board in NCAA Division I basketball play this weekend with career high numbers and record-setting performances in their respective divisions.
Firm offering energy audits
A BAHAMIAN business consultancy is offering “energy audits” for Bahamians looking to acquire residential solar solutions.
Baha Mar beat local bidding target by 68%
Baha Mar says it has “far exceeded” its commitment to provide Bahamian contractors with $400 million worth of work, beating this target by 67.8 per cent while more than 6,000 local jobs to-date.
Budding entrepreneurs discover fertile landscape
Getting fired was the best thing that ever happened to Marc-Arnold Christophe and Ryan Ferguson.Their terminations gave them the freedom and spark to launch their own business, True Green, a landscaping company.The 23-year-olds met in 2012, at their
'Deer in headlights' on $1.5bn debt increase
Fiscal watchdogs yesterday warned The Bahamas' debt-to-GDP ratio must "be upwards of 90 percent" after Central Bank data revealed the Government's direct debt rose by $1.5bn in just 12 months.
Non-performing loans breach $1bn barrier
Total tourist arrivals to the Bahamas for the 2014 first half increased by 2.8 per cent to 3.3 million, with higher-yielding stopovers recovering some of 2013’s decline.
$30m Old Fort Town Centre 90% leased
THE New Providence Development Company (NPDco) has leased out 90 per cent of the retail space in its $30 million Old Fort Bay Town Centre, Tribune Business was told yesterday, as it moves to finalise arrangements for a second anchor tenant.
GB Power’s storm insurance fund delayed one year
The implementation of Grand Bahama Power Company’s hurricane ‘self-insurance’ fund has been pushed back one year until January 2017 under its newly-approved tariff structure.
Sports Notes
SKIPPERS from the Star Sailors League Final are expected to be in action today as they compete on local C Class sailing sloops in Montagu Bay. The international sailors will get a chance to be matched with the local sailors in an event that will be filmed by an international crew during the Star Sailing competition Wednesday to Saturday in Montagu Bay.
Sports Notes
THE Bahamas Association of Independent Secondary Schools is all set to begin its sudden death softball playoffs at Freedom Farm Park in Yamacraw this week. After seven weeks of action during the regular season, the four contestants in all four divisions - juniors boys and girls and boys and senior girls and boys - have been determined.
MARATHON BAHAMAS: The thrill of victory (with photo gallery)
Despite the interruption of the rain, a pair of Americans - Jonathan Volpi and Amos Desjardins - emerged as the overall male champions of the 7th annual Sunshine Insurance Marathon Bahamas full marathon and half marathon at Arawak Cay yesterday. The women champions were Frenchwoman Marina Peron and Bahamian Vanessa Forbes.
Marathon Bahamas winners in the spotlight
Despite the interruption of the rain, a pair of Americans - Jonathan Volpi and Amos Desjardins - emerged as the overall male champions of the 7th annual Sunshine Insurance Marathon Bahamas full marathon and half marathon at Arawak Cay yesterday. The women champions were Frenchwoman Marina Peron and Bahamian Vanessa Forbes.
