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Club helping to build leaders of the future

THE newest EarlyAct club in the country celebrated its charter night at Xavier’s Lower School.

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GB Power findings dismissed as ‘fluff’

A well-known retailer locked in a Supreme Court battle with the Grand Bahama Power Company (GBPC) yesterday dismissed the report on its metering/billing practices as “fluff” and a whitewash, although he and the island’s major industrial players would accept a one-third reduction in electricity rates.

Insurers dismiss VAT Act ‘misinterpretation’

BAHAMIAN health insurers yesterday said “no one wants to pay an additional 36 percent on their medical insurance” from April 1, 2023, when consumers will have to bear the full VAT burden on claims payments.

'Giant boost' as $600m transformational project launched at Grand Bahama Shipyard

A $600m transformational project, which will include two of the largest dry docks in the world, was launched at the Grand Bahama Shipyard on Friday, and was said to be a “giant boost” to the island’s economy, tourism and employment.

Top housing official rapped over ‘excessive spending’

The Government’s chief housing officer was reprimanded for “excessive spending” that allegedly exhausted 92 percent of the department’s budget within the fiscal year’s first seven months.

Bahamas near bottom at 40% 'tax capacity'

The Bahamas is currently operating at just 40 per cent of its tax capacity, the Government’s US consultants have warned, ranking this nation near-bottom of 98 countries.

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NPBA PLAYOFFS: Eagles Nest, Rockets in the win column

THE Leno Eagles Nest stunned the Aliv Bucket and the Discount Distributors Rockets knocked off the Leno Regulators as the New Providence Basketball Association continued its first round playoffs at the AF Adderley Gymnasium on Wednesday night.

Bahamas First's 'banner year' as profits up 548%

BAHAMAS First’s chief executive yesterday hailed 2017 as “a banner year” where profits increased almost seven-fold, adding: “Everything we needed to go in our favour did.”Patrick Ward told Tribune Business that the “buildings blocks” laid by the prop

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Man shot dead while sitting in car

A 34-year-old man was shot multiple times and killed while sitting in his vehicle near Caves Village on Sunday night.

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Judge dismisses firearm charges against mother and daughters

A Grand Bahama mother and her three children - including a 20-year-old son and two juveniles - were arraigned on illegal firearm and ammunition possession charges yesterday after police found a gun in a bedroom of their home.

Cellular monopoly retarding growth, telecoms investment

The Bahamas’ information and communications technology (ICT) sector generated revenues of almost $450 million or 5.7 per cent of the country’s total GDP in 2011, a Utilities Regulation and Competition Authority (URCA) executive said yesterday.

Giants and High Flyers take 2-0 leads in NPBA Finals

A DEFENSIVE struggle and a lopsided win highlighted NPBA finals action Monday night as both top seeds took 2-0 leads in their respective series. Division ICommonwealth Bank Giants - 76Rockets - 68D’Shon Taylor powered the Giants game two win with 25

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GB electricity demand drops 13% post-Dorian

GRAND Bahama’s electricity demand has declined by 13 percent post-Dorian, it was revealed yesterday, with the island’s sole utility provider suffering a $13m Canadian dollar earnings hit. Emera, the Canadian utility giant that owns 100 percent of Gr

Financial sector needs ‘urgent quantum leap’

The Bahamas’ poor financial centre ranking is “clearly unacceptable”, a leading QC yesterday warning this nation does “not have the luxury” of a five-year fix.

Celtics shoot past the Heat, 115-107

MIAMI (AP) -- A week ago, the Boston Celtics beat the Miami Heat with defense. This time, they did it with offense. Paul Pierce scored 27 points, Kevin Garnett added 24 points and nine rebounds, and the Celtics made their first eight shots of the fourth qu

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BEC restores power to 80% of affected homes

THE Bahamas Electricity Corporation has restored supply to “approximately 80 per cent” of customers affected by Hurricane Joaquin, officials said yesterday.

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30% auto sales boost if taxes back to 2010

A return to pre-2010 import duty rates would likely boost new car sales by “about 30 per cent”, dealers said yesterday, while calling on the Government to give them up to six months’ warning of planned import tariff changes.

Celtics take control of East

By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- Paul Pierce watched the shot sail just over LeBron James' outstretched arm. And when it swished, he turned toward the Boston bench, shaking his head. The biggest shot of the night, for certain. And it put the

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Crisis takes toll in jobs at Grand Bahama shipyard

The Grand Bahama Shipyard has terminated 27 workers, including several long-serving managerial staff, due to a further slump in business caused by the COVID-19 pandemic.

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05232016 Edition

Monday, May 23rd.