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Grand Bahama electricity costs 40% below rest of Bahamas

Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).

Meditation – The sea

THINK of the uncontrollable power of a storm. Harvey is certainly making his presence felt in parts of Texas. In the face of such force we are reminded to be humble no matter how important we seem to be. Tragic loss of life is a sobering reminder of the many who have found themselves going to a watery grave.

A massive U-turn in China

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Having maintained a strict zero- COVID policy for almost three years, the Chinese government had become a prisoner of it. The strategy was designed to address the low vaccination rates of the elderly population (80 million people aged 80+ years are not vaccinated and 44% of the population did not receive the third dose, this percentage rising to 60% among people aged 80+ years). And, although studies in Hong Kong comparing CoronaVac with BioNTech’s vaccine have not been conclusive, the Chinese government did not seem to have much confidence in the degree of immunity provided by their own vaccines.

BPL boss details strategy to drive down consumer bills

Bahamas Power & Light’s (BPL) chief executive Pam Hill said yesterday the company is aiming to improve efficiency at its plants and is also pursuing a fuel hedging strategy as a means to provide lower electricity costs to consumers.

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.

Woman who hurt ankle awarded $70,000

THE Supreme Court has awarded more than $70,000 in damages to an elderly woman who suffered ankle injuries after falling down a utility conduit at Arawak Cay nearly nine years ago.

Popeyes to add 80 jobs with new site

Popeyes Bahamas is investing more than $2 million to launch its second restaurant on Carmichael Road before year-end 2016, a move that is expected to create 80 jobs.

Evan Sweeting boosts his stock ahead of collegiate baseball recruitment

EVAN Sweeting has delivered a series of impressive performances to boost his stock ahead of his collegiate baseball recruitment.

80 Bahamians buy into crypto start-up

BAHAMIANS are “eager” to explore cryptocurrency opportunities, a local businessman says, suggesting this was highlighted by 80 locals purchasing tokens from a cryptocurrency start-up’s Australian offering last week.Wayne Johnson, who with Parrish Sim

Nottage vow in face of 25% rise in murders

NATIONAL Security Minister Dr Bernard Nottage broke his silence on crime last night, contending that the government is “up to the challenge” as the nation continues to grapple with startling crime statistics.

Yacht brokerenjoying 80%sales upswing

A BAHAMIAN boat/yacht broker has seen an 80 per cent sales upswing for 2013 to-date, telling Tribune Business yesterday that most of the boats sold were over the $100,000 threshold.

Baker's Bay alone a $1bn Dorian loss

Dorian-related insurance losses are “heavily skewed” towards Abaco with one resort development potentially accounting for $800m to $1bn worth of claims by itself. Charles Johnson, a Bahamas Insurance Association (BIA) council member, told the annual

‘No more blight’ on Rum Cay’s revival

A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.

Judge: ‘Difficult to digest’ Gov’ts Rum Cay claims

A Supreme Court judge says it is “difficult to digest” that the Prime Minister’s Office would assert a 15-acre Rum Cay land parcel was Crown Land when this totally contradicted evidence from the Government’s own surveyors.

Architects: ‘Free us from building control bondage’

Architects yesterday urged the government to “free us from the bondage of building control”, warning it was “missing out on” up to 80-90 percent of VAT due on professional fees.

Record-breaking swimmer leaves hospital for a second time

AUSTRALIAN ultra-marathon swimmer Chloe McCardel was yesterday discharged from hospital in Nassau for a second time after reportedly being re-admitted at the weekend due to “weeping” wounds resulting from her world record swim from the southern tip of Eleuthera to New Providence last week.

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