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GB Power, PHA seek financing millions
The Bahamian capital markets are gearing up for a busy fall/winter season, Tribune Business has been informed, with both the Public Hospitals Authority (PHA) and Grand Bahama Power Company seeking multi-million dollar financings.
Minnis attacks urban renewal
URBAN Renewal under the PLP has become nothing more than a scheme for turning trained police officers into delivery boys, opposition leader Dr Hubert Minnis charged yesterday.
PETROL STRIKE FOR EASTER WEEKEND? Operators say they are struggling to survive as fuel costs increase
THE leadership of the Bahamas Petroleum Dealers Association is trying to ward off a planned Easter weekend strike by around 80 percent of operators who say their businesses are struggling to survive the economy compounded by the rising cost of fuel.
The causes of crime
As A trained lawyer, albeit a defrocked one, I had extensive practice before the Criminal Defence Bar during my hey days. In fact, at any given time, I commanded 80 per cent or more of the most heinous cases before all courts, the Supreme and Magistrates included. The other lawyers were obliged to literally, in some case, fight for the crumbs. As such, I came to understand the economic and psychology of crime and the causation.
BPL: Shell bid process ‘transparent and fair’
BAHAMAS Power & Light’s (BPL) top executive yesterday defended Shell’s selection as its preferred generation partner as “transparent and fair”, revealing 50 per cent of bids offered long-term solutions.
In Spain, Lashann Higgs sinks 13 in losing effort
Bahamian guard Lashann Higgs turned in another outstanding performance, but it wasn’t quite enough to lead her Embutidos Pajariel Bembibre PDM women’s professional basketball team to victory in the Spanish League yesterday.
Ragged rises from Irma
DESPITE challenges with water supply on Ragged Island, clean up efforts are nearly complete as residents forge ahead in restoring their homes more than a month after Hurricane Irma decimated the small island.
$339,000 donated to American Red Cross to assist hurricane victims
THE hurricane relief effort put on by the Michigan State Spartans and Georgia Bulldogs raised hundreds of thousands of dollars to benefit victims of last summer’s storms.The Spartans took an 80-62 win over the Bulldogs at the Van Andel Arena in Grand
‘Tum Tum’: My final college season ‘going by too fast’
His final season playing collegiate basketball is going by quicker than anticipated for Lourawls “Tum Tum” Nairn but the senior guard continues to embrace the moments of the season for the Michigan State Spartans.
EDITORIAL: We need to stay resolute
PRIME Minister Dr Hubert Minnis announced the relaxation of lockdown restrictions for southern islands yesterday while disclosing efforts to add an additional 80 beds to the frontline fight against COVID-19.
Airline eyes 3% Easter load factor increase
A Bahamian-owned airline yesterday said passenger volumes for the Easter weekend were projected to be up 3 per cent year-over-year, with load factors averaging 80 per cent “all around”.
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.
CBC launches the official website of Championship
WITH just over 80 days to go before the region’s best basketball teams square off in the elite FIBA qualifying event for Caribbean countries, the organisers are beginning to galvanise support through the Internet.
MP: All natural resource earnings in sovereign fund
The Opposition’s finance spokesman yesterday backed the Government’s plan to create a sovereign wealth fund in principle, arguing that it should receive all royalty payments related to exploitation of this nation’s natural resources.
VAT rate will 'double' with poor compliance
A Tax Coalition co-chair yesterday said the Government “desperately” needed to release its Value-Added Tax (VAT) education curriculum and modules, warning that this was vital to “maximise compliance” immediately the new tax kicked in.
Son who beat mother, 81, to death loses appeal
A MAN is to continue serving his 35-year sentence for murdering his 81-year-old mother four years ago, then recording a video and taking pictures of her bedroom floor instead of immediately calling for help.
Wall Street: Bahamas off 2.5% growth target
Wall Street believes the Bahamas has failed to meet projected economic growth targets for 2012, a leading rating agency finding that GDP expansion is set com
‘Buddy’ agrees to $94m
Buddy Hield concluded his contract negotiations with the Sacramento Kings and reached the most lucrative deal ever signed by any Bahamian athlete.
EDITORIAL: Treating symptoms rather than the illness
DARREN Henfield is trying to treat a symptom and not the illness.