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Insurance chair brands NHI Authority's $10m 'excessive'

The Bahamas Insurance Association’s (BIA) chairman says the $10 million to create the NHI Authority is “quite excessive”, and suggested more money should be directed to front-line healthcare services.Emmanuel Komolafe, while questioning how the new g

Auto show proceeds to aid toddler’s open heart surgery

ALTHOUGH he is only four years old, Ephraim Williams has already braved two open-heart surgeries and three catheterisations.

Key US markets up 15% for Easter peak

Tourism bookings from the Bahamas’ key US markets are up 15 per cent for the peak Easter period, a Cabinet minister yesterday urging businesses to “work harder” at exploiting this growth.

Ex-minister: ‘Use carrots, not stick’ over COVID jabs

A former Cabinet minister yesterday added his voice to those opposing mandatory COVID-19 vaccinations, telling Tribune Business: “Better to use a carrot than a stick.”

Bank eyes 'two shot' $85m capital switch

Commonwealth Bank yesterday said it wants to make all its $85 million preference share capital Basel III-compliant before year-end 2014, with major shareholders in the first conversion expected to reject a payout.

20% pt truck tax slash a 'tremendous blessing'

A Bahamian auto dealer yesterday described plans to lower Excise Tax rates by 20 percentage points on certain trucks as “a tremendous blessing”, telling Tribune Business his sales in this category had fallen by 75 per cent since the 2010-2011 Budget.

CR Walker Knights take commanding day 1 lead

Recent editions of the GSSSA Senior High Schools track and field meet have featured thrilling finishes, adding to the budding rivalry between the CR Walker Knights and the CV Bethel Stingrays.

College basketball: Bahamian players making early season impact in Canada

PRESEASON basketball has tipped off in Canadian colleges and several Bahamian players are making an early season impact as their teams look to contend the 2016-17 season.

Sports notes

THE Bankers Athletic Association is all set to open its 2016 Bankers Slow Pitch season in the Banker’s Field at the Baillou Hills Sporting Complex on Saturday.

Lights out for 5,400 ‘can’t pay’ families

WORKS Minister Desmond Bannister revealed yesterday that 5,412 households across the country are “off the grid,” as a result of not paying energy bills for 60 days or more and collectively owe Bahamas Power and Light more than $5m.

$4 million restoration at Viva Wyndham after storm

ABOUT $4 million dollars worth of hurricane restoration is now underway to get the Viva Wyndham Fortuna Beach Resort, which was severely damaged by Hurricane Matthew, open in time for Christmas.

Video shows missing cruise ship passenger’s last moments aboard

A MAN who jumped onto a lifeboat on the side of a cruise ship clung to the edge of the tiny vessel for more than minute early on Friday as fellow passengers watched and screamed before he plunged into the ocean below, according to officials and video posted of the incident.

FNM infighting will come to end

Please allow me to respond in kind to an editorial in your paper that commented on a letter written to your paper by one Kevin Evans on February 15th, on “attack dogs” in the FNM party.

Christmas Day will be hot for Bahamians say forecasters

FORECASTERS at the Department of Meterology have dashed any hope of a cool Bahamian Christmas, with the holiday weekend shaping up to be “an average hot day”.

Businesses braced for stormy weather

Businesses and residents in the southern Bahamas are bracing themselves for the possibility that a strong tropical wave expected to pass over The Bahamas becomes a serious threat, with one private sector representative telling this newspaper: “We don’t want to find ourselves in a situation as with Joaquin”.

Carnival cruise port

Concerning the $200m development of the Carnival Cruise Port at Sharp Rock, East Grand Bahama, what will become of Freeport Harbour once this project is completed?

Peter Roker’s National Heroes Day charity challenge

BUSINESSMAN, fuel retailer and philanthropist Peter Roker, known as a pioneer in the Carmichael Road West community, is engaging in one of the biggest philanthropic challenges of his life this National Heroes Day. He will attempt to walk 248,160ft, or 47 miles around the entire island of New Providence in an effort to raise funds for three charities.

Will crime kill tourism economy?

As many people have expressed concern in the newspaper about the high crime robberies and murders in The Bahamas, President of the Hotel Association Robert Sands and Vice President of Baha Mar stated the government needed to urgently address the high crime rate before it impacts tourism.

$10M allocated for pay rises

THE GOVERNMENT has allocated more than $10 million towards salary increases for teachers and other public servants, according to State Minister for Finance Michael Halkitis.

'No silence' on job cuts

THE government is “not going to be silent” about the nearly 20 persons who were laid off from the Grand Bahama Power Company last week, Prime Minister Perry Christie said yesterday.

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