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Cable losses hit $16.7m amid wait for growth pay-off

Cable Bahamas suffered a 12.5 per cent increase in annual net losses to $16.658 million for 2016, driven by Hurricane Matthew-related repair costs and the wait for expansion investments to pay off.

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National debt breaks $10bn

The Government last night confirmed that The Bahamas’ national debt had breached the $10bn mark due to the borrowing blow-out inflicted by the combination of COVID-19 and Hurricane Dorian.

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COB worker ‘took home extra $600,000 in pay’

FORMER College of The Bahamas employee Chimeka Gibbs took home just over $600,000 in extra payroll deposits from 2009 to 2015, Supreme Court jurors heard yesterday.

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Breadbasket items list to include healthier goods

HEALTH Minister Dr Duane Sands has promised more healthy changes are on the horizon for the breadbasket list - after wide public consultation.Dr Sands underscored the Minnis administration’s commitment to fully vetting proposed changes, adding they w

Bahamas Waste chief hails ‘best year in 30-year history’

Bahamas Waste’s chairman has hailed the company’s “best year in its 30-year history” after 2018 profits soared 18 percent year-over-year to $1.348m.

Doctors targets stem cell therapy launch

DOCTORS Hospital plans to launch stem cell therapy and enter the primary healthcare market during its current financial year, after profits for the year to end-January 2017 increased five-fold.

FOCOL 'WELL PLACED' FOR IMPROVED 2012

By NEIL HARTNELL Tribune Business Editor FOCOL Holdings yesterday said it was "well-positioned to improve our financial results for 2012", with previously-implemented initiatives to boost operational efficiencies expected to bear fruits that will filter

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Robin Hood's replacement 'as big as before'

MARIO'S Bowling and Entertainment Palace chief executive, Leslie Miller, told Tribune Business yesterday that negotiations to re-open th

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

Port's tariffs 'fair'

Port's tariffs 'fair' By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE "net impact" of Arawak Port Development's (APD) new tariff structure is not "unreasonable" the company's chief executive said yesterday, telling Tribune B

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‘Pass bill so candidates can be properly scrutinised’

A governance reformer has said the Integrity Commission Bill should be passed to allow for an independent body to be able to scrutinise and vet the disclosures of election candidates.

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‘Pass bill so candidates can be properly scrutinised’

A governance reformer has said the Integrity Commission Bill should be passed to allow for an independent body to be able to scrutinise and vet the disclosures of election candidates.

Insurer issues profits warning over COVID-19

Colina Holdings (Bahamas) has become the first BISX-listed company to issue a 2020 profits warning due to the COVID-19 pandemic’s impact. The parent of Colina Insurance Company, the life and health underwriter, told shareholders in footnotes to its

Ultra rich buyers hit town for PI auction

More than two dozen high-net worth individuals or their advisors are expected in Nassau today to preview two waterfront Paradise Island properties set to be auctioned later this month.

Ultra rich buyers hit town for PI auction

More than two dozen high-net worth individuals or their advisors are expected in Nassau today to preview two waterfront Paradise Island properties set to be auctioned later this month.

‘Sting operations’ net 1,500 pounds of illegal grouper

A senior fisheries official yesterday revealed that “sting operations” over the past three weeks have netted more than 1,500 pounds of Nassau grouper caught illegally out-of-season.

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Top bank executive detained at immigration road block

An executive of an offshore bank at New Providence was taken into custody and held at the Carmichael Road Detention Centre yesterday as part of the continuing the crackdown by Immigration officials.

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Money isn't everything on the declarations - sometimes it's all about the plants

FOLLOWING each Nomination Day, when hopefuls become official general election candidates, the public eagerly anticipates the publication of their financial assets.

$10m to be borrowed to fix flaws in social services

By LAMECH JOHNSON Tribune Staff Reporter ljohnson@tribunemedia.net THE government is set to borrow $10 million from the Inter-American Development Bank to correct serious flaws in the Ministry of Social Services and its various assistance programmes for