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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.

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UPDATED: Couple shot dead in their sleep

Two men are being questioned by police after a man and woman were shot dead in their sleep early on Monday morning.

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Joanna Evans ends up 3rd overall

With a first and second place finish in the women’s 400 and 200 metre freestyle races respectively in her regional competition in San Antonio, Texas, Grand Bahamian Joanna Evans placed third overall in both events at the US Open Swimming Championships.

Cable executive to head regional body

A senior Cable Bahamas executive has been appointed chairman of the Caribbean Cable Telecommunications Association (CCTA) at their annual meeting in San Juan, Puerto Rico.

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Saunders signs Minor League contract with Cincinnati Reds

CHRISTMAS came a little early for Dario Saunders, who will get to live out his life-long dream of playing professional baseball, after he signed a Minor League Baseball contract with the Cincinnati Reds.

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Bahamas 0-3 after 96-63 loss to Dominican Republic

The Dominican Republic caught fire from beyond the arch in the second half and, in particular, during a third-quarter run where they took control for good en route to a win in the latest World Cup qualifier.

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Devine Parker qualifies for the IAAF World Juniors in 100m and 200m

DEVINE Parker completed the sprint double and dipped under the qualifying standard for the 2016 IAAF World Junior Championships in both events.

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Motorsport mania

Team Bahamas is poised to make history for the local development of the sport when they compete in the 2022 International Automobile Federation (FIA) Motorsport Games.

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New head coaches for ‘Buddy’ and Ayton heading into next season

BOTH Bahamian players in the NBA will undergo head coaching changes headed into the 2019-20.

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PMH Critical Care Block 80% complete

THE $53 million Princess Margaret Hospital (PMH) Critical Care Block is roughly 80 per cent complete, Cavalier Construction’s managing director yesterday telling Tribune Business it was targeting an end-July competition.

Customs duties under 20% ‘not a far stretch’

Slashing Customs Duty rates below 20 per cent when Value Added Tax (VAT) is introduced is “not a far stretch”, a senior Ministry of Finance official said yesterday, adding that shifting the tax burden services should reduce the levy on imported goods.

Water Corp to cut Consolidated debt to under 90 days

THE Government is aiming to reduce the Water & Sewerage Corporation’s (WSC) arrears with BISX-listed Consolidated Water, its main supplier, to just under 90 days, after approving a $20 million subsidy for the 2014/2015 fiscal year.

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AML bracing for 10-15% rise in freight costs

A BISX-listed food retail group yesterday warned it had budgeted for freight costs to increase by 10-15 per cent in 2012, telling Tribune Business it was also being held back by price controls that were "not needed in this day and age".

Sports notes

THE 13th year of the Junkanoo Jam, brought to the Bahamas by Basketball Travellers, highlights one of NCAA’s elite in season women’s basketball tournaments.

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Tahnaj Thomas on Indians' Top 30 Prospects list

THE Cleveland Indians were busy at Major League Baseball’s trade deadline and the transactions within the farm system allowed Tahnaj Thomas to enter the organisation’s Top 30 Prospects list.Thomas was listed as the Indians’ 30th ranked prospect on th

EDITORIAL: Workers in demand as furlough scheme ends

WHILE all eyes are on the Royal visit that began yesterday, there is one story that should not be drowned out in the fanfare.

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Ambassador: People want to know if relatives were among dead

Following the deaths of at least 30 Haitian migrants, the country’s ambassador, Antonio Rodrigue, said members of the Haitian community are eager to find out if any of the dead are their relatives.

Big Red Machine just keeps rolling

The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.

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BPL set for a 'maturity audit'

Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.

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Bobcats storm to Bahamas Bowl victory

The Ohio Bobcats had one of the top-ranked rushing attacks in all of college football this season and that ground game led them to the 2017 Bahamas Bowl title.