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GB Power ‘clawing way back’ in 25% profit rise
Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.
Sunland Baptist takes title to Grand Bahama
36TH HUGH CAMPBELL BASKETBALL CLASSIC
The curtains came down on the 39th edition of the prestigious Hugh Campbell Classic on Monday night with the Sunland Baptist Stingers emerging as the back-to-back champions.
THE KDK REPORT: Savour every moment spent with the ones you love
WE OFTEN learn life’s lessons, whether consciously or subconsciously, through our own experiences or by learning from what others have taught us but the lessons that resonate most deeply typically come from individual trials.
New Budget outlay finances 350 jobs
A newly-introduced $5.8m Budget outlay is financing the temporary employment of 350 persons who have largely been jobless since Hurricane Dorian struck three-and-a-half years ago, it was asserted last night.
FIBA: Team Bahamas falls to Panama 88-66
THE Bahamas men’s national basketball team wrapped up its final two games in the FIBA Americas World Cup Qualifier with another loss. The team, coached by Moses Johnson, John Nutt and James ‘Jimmy’ Clarke, suffered a 88-66 decision against Panama yesterday. The loss came after the Bahamas was handed a 117- 70 rout against Venezuela on Thursday in Caracas.
12,000 on food assistance to receive ten percent boost
SOCIAL Services Minister Obie Wilchcombe said the number of people receiving food assistance has grown by 1,000 since October, climbing to roughly 12,000 monthly, however those receiving help will get an increase of more than 10 percent beginning next week.
‘Abundance of caution’ in $232m loan clean-up
A Cabinet minister yesterday said the Central Bank Act is being “cleaned up out of an abundance of caution” to ensure the Government can lawfully borrow the $232.3m IMF special drawing rights (SDRs).
QC Class of 1985 remember Frankie Simmons
IN memory of their deceased classmate Frankie Simmons, the class of 1985 of Queen’s College made a cheque presentation to the Freedom Farm Green Parrots to assist in their travel to the Perfect Game Tournament in Sandford, Florida.
FRONT PORCH: Reading and research key to integrity in journalism
GOOD journalism and well-crafted commentary play a critical role in public policy and political debates. They enliven and enlighten national dialogue.
‘Come clean’: $232m loan made lawful retroactively
The Opposition yesterday demanded the Government “come clean” over its $232.3m IMF special drawing rights (SDRs) borrowing after reforms were tabled in Parliament to retroactively make the transaction lawful.
Former FNM candidate facing legal strike-off
A former FNM election candidate, already ruled a bankrupt, now faces being disbarred from the legal profession over a $192,870 Rum Cay land deal that was plagued by claims of fraud and forgery.
Certainty and issue of immigration
I have often spoken about the concept of “certainty” and why it is important to the success of any endeavour.
Rumour has it
ActivTrades
The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
Two more GSSSA champions crowned
COACH Kevin ‘KJ’ Johnson and his CI Gibson Rattlers celebrated another Government Secondary Schools Sports Association championship feat, this time in the senior girls’ division.
Businessman George Myers dies age 83
BUSINESSMAN, restauranter, and tourism mogul George Myers died peacefully at his home on Thursday at the age of 83.
Alcohol, drugs and gambling
In Jesus put all your trust, all your belief, and all your heart.
Bahamas ‘big part of the FTX puzzle’
FTX’s Bahamian operation was yesterday branded “a big piece of the puzzle that needs to get resolved” as its provisional liquidators successfully obtained US legal recognition for their ongoing investigations.
Debt jumps $256m on IMF rights borrowings
Much of the $256.2m increase in the national debt during the six months to end-December was driven by the Government’s “use” of $232.3m in IMF special drawing rights (SDRs), it has been revealed.
Bahamas liquidators explore FTX ‘restart’
FTX’s remaining Bahamas-based staff were paid a collective $635,297 through to end-January 2023 as provisional liquidators explore “options” that may include restarting its trading platform, it was revealed last night.
Residents welcome move to improve street lights
FRANKLIN McMinns, a resident of Bain Town, says he feels safer as a result of The Royal Bahamas Police Force’s partnership with Bahamas Power & Light that aims to improve streetlights throughout the community to combat crime.
