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Radshad shines in France debut
Radshad Davis made his French debut and is off to a noteworthy start with Vendee Challans Basket of the Nationale Masculine 1 League.
‘Why up to 163% BPL fuel price hike as oil costs fall?’
Questions were raised yesterday as to why Bahamas Power & Light (BPL) is proposing to increase its fuel charge by up to 163 percent at a time when global oil prices are starting to decline from their March 2022 peak.
Hotels fear BPL hikes set to ‘derail’ rebound
Bahamian hotels yesterday warned that Bahamas Power & Light’s (BPL) planned fuel charge hikes of up to 163 percent have caused “outright anxiety” in the sector and could “derail” the post-COVID return to financial viability.
FNM Leader: ‘Significant blunder’ at BPL by govt
FREE National Movement Leader Michael Pintard said the Bahamian people will now have to pay the bill for the “significant blunder” at Bahamas Power and Light by the government with respect to the fuel hedging that was put in place by the previous FNM administration.
PETER YOUNG: New British PM will have to do better than this
Having commented last week that the new British Prime Minister, Liz Truss had made a good start, only days later the picture has changed dramatically.
Tourism rebounds to 90% pre-COVID level
Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.
BOB ‘can’t say we’re bank’ till loan growth
Bank of The Bahamas cannot truly “say we are on the way back” until it generates sustainable loan book growth again despite enjoying a 2022 financial year in which profits more than doubled to hit $11.218m.
Oil explorer: No $500,000 ‘top up’ on Bahamas well
AN OIL explorer is not expecting to pay an extra $500,000 insurance premium “top-up” over its Bahamian exploratory well because this was drilled “without incident” last year.
BBA full steam ahead with Caribbean Cup
With the assurance that the new Andre Rodgers Baseball Stadium will be completed by November, the Bahamas Baseball Association is moving full steam ahead with the hosting of the fourth Caribbean Cup.
Vaccines to be made available in schools
Parents to receive their vaccination consent letters in next two weeks
ACTING Chief Medical Officer Dr Phillip Swann said officials are making final arrangements to facilitate the administration of paediatric vaccines in schools to help increase vaccinations among children.
‘Free’ Sand Dollars to give currency lift
“Free” Sand Dollars will be issued to incentivise early adoption of a Central Bank-backed digital currency that remains “on the runway”, its governor said yesterday, despite a 305 percent circulation increase during 2021.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
Bahamas ‘leads pack’ over digital adoption
A senior Royal Bank of Canada (RBC) executive yesterday hailed The Bahamas as “a bit of a bellwether” for the Caribbean on digital payments adoption with more than 50 percent of its local clients now using such channels.
Deandre Ayton: ‘What’s said is already said’
THE relationship between Phoenix Suns centre Deandre Ayton and head coach Monty Williams continues to be a point of contention for the franchise. Following a bitter end to the 2021-22 season and a lengthy contract negotiation in the offseason, Ayton addressed the relationship between the two on the first day of training camp.
Downtown art district plan to put Miami, New York ‘second’
The Ministry of Tourism’s plans to transform downtown Nassau via creation of an “art district” will relegate similar spaces in New York and Miami to “second spot”, a senior official pledged yesterday.
Ayton: ‘I’m locked in on getting better and starting training camp’
DEANDRE Ayton’s offseason contract situation and his role in his return to the Phoenix Suns were one of several highlights from the team’s media day.
Warning over dangers affecting the Bahamas
IN his address at the 77th United Nations General Assembly on Saturday, Prime Minister Phillip “Brave” Davis highlighted such ongoing challenges facing The Bahamas as the impact of climate change, irregular migration and the long-standing problem of gun trafficking to the country.
Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
‘Let businesses set own rules over mask rules for customers’
GROCERY store managers said yesterday that while they support the lifting of the country’s mask mandate, they also believe businesses should be allowed to set their own mask wearing rules for customers.
Adelaide developer: Don’t ‘drop bomb’ on our costs
A Bahamian businessman yesterday warned he and his partners might have to “shelve” a $63m New Providence project if “prohibitively expensive” changes and conditions were imposed after Wednesday’s planning consultation.
