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$73m ‘zero carbon’ project targets 36k annual visitors
A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.
BTC to 'exceed' $60- $80m earnings goal
BTC to 'exceed' $60- $80m earnings goal By NEIL HARTNELL Tribune Business Editor The Bahamas Telecommunications Company (BTC) will beat its $60-$80 million operating income projections for 2012 after generating cost savings faster than anticipated, alth
80% of motorists exposed torogue, uninsured drivers
A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv
Tobacco smuggling: Bill to recover 80% of revenue losses
The Government yesterday estimated that it will recover 80 per cent, or $20 million, of the revenues it loses annually to tobacco smuggling via its Excise Stamp initiative, and disclosed it was looking at similar measures to combat illegal alcohol imports.
Cable's $100m issue to slash debt costs
Cable Bahamas is aiming to slash interest costs by up to two percentage points via its $100 million preference share restructuring, revealing to Tribune Business yesterday that its Florida and local growth initiatives are “on plan”.
Bahamas Hoopfest to honour Waltiea Rolle
ANOTHER event is set to be added to the list of NCAA Division I basketball tournaments hosted in the Bahamas during the Thanksgiving holiday weekend.
Hield leads Bahamian players' charge in NCAA
THE journey to the 2014 NCAA basketball tournament began in earnest this weekend, and a number of Bahamian players saw significant action in the season debuts for their respective Division I schools.
RESULTS: Bunny Levarity National Basketball Tournament
HERE is a look at the games played in the Bahamas Basketball Federation’s Bunny Levarity National Basketball Tournament at the AF Adderley Gymnasium over the weekend:
‘I still think we played our heart out in all three games’
HIALEAH, Florida — After shooting the lights out in the first half, the Florida National University Conquistadors powered their way inside in the second half for a 91-57 victory over the College of the Bahamas Caribs men’s basketball team.
‘Scumbags’ hit Robin Hood re-opening with $30k theft
Efforts to re-open the former Robin Hood store off Tonique Williams-Darling Highway have hit a ‘major setback’, Mario’s Bowling and Entertainment Palace chief executive, Leslie Miller, telling Tribune Business yesterday that the store had suffered $30,000 in damages after thieves stole six air conditioning units last week.
PUBLIC HOSPITALS 'RUN ON JUST 17% OF BUDGET'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Overstaffing through the politically-related "pile on" of public service workers has left the Public Hospitals Authority (PHA) with less than 20 per cent of its annual budget availa
Family and friends searching for missing Philip “Big Mama” Stubbs
Concerned family and friends are desperately searching for Philip “Big Mama” Stubbs, 80, who went missing after leaving his residence early this week.
‘Down-payments cut’ as bank removes indemnity
The Central Bank of the Bahamas (CBB) has released new “relaxed” lending rules for residential mortgages.
Woman denies guilt over falsified COVID test results
A 35-year-old woman was charged yesterday with 40 counts of possession of a forged document in connection to the recent trend of people attempting to travel using falsified COVID-19 test results.
Poachers fined $20,000 a man
THE captain and crew of two Dominican vessels caught poaching in Bahamian waters late last week were charged in the Magistrate’s Court yesterday.
Lewis: Farm Road residents are posing us a challenge
THE Farm Road shanty town in Abaco remains occupied, hindering clean-up efforts in that area, according to Minister of State for Disaster Preparedness, Management and Reconstruction Iram Lewis. He made the statement when updating reporters outside C
'Tourism industry won't recover until June 2021'
JAMAICA’s former tourism minister projects the tourism industry won’t recover from the COVID-19 crisis until June 2021 and will see 80 percent recovery only by winter of next year.
Costs, costs and more costs to bear
Well the Camelot celebrations are all over…$’000’s spent on hats…wonder how much Tax arrears the 1000 chosen owed the Treasury had enough to embellish themselves but.....
Taxi union chief’s fear for hundreds of drivers
Hundreds of taxicab drivers could potentially be left jobless at month’s end, the Bahamas Taxicab Union’s (BTCU) president fears, with the 80 percent holding leased plates most at risk.
Zip-line 'buccaneer' in approvals push
The Bahamian investor behind a proposed Arawak Cay ‘zip line’ attraction yesterday encouraged the Minnis administration to provide the necessary approvals for it to proceed and expand the tourism offering.
