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UPDATE: Govt won't allow BPL to impose late fee
THURSDAY AFTERNOON UPDATE: The Davis administration said it will not allow BPL to impose a late fee on the Bahamian people. It was only one of five considerations in a discussion to lower the company’s outstanding arrears, according to Acting Press Secretary Keishla Adderley at the OPM press briefing this morning. BPL also released a statement (left) saying it did not have plans to impose a late fee on its customers at this time.
BOB rejects $33m ArawakX demand
The Securities Commission was yesterday accused of “callous disregard” for ArawakX’s interests by allegedly interfering with its demand for a $33m settlement from Bank of The Bahamas.
Bahamasair in pilot retirement age rise over shortage fear
Bahamasair is seeking to raise its pilot retirement age to 65 amid fears it faces an imminent shortage of experienced captains with eight passing through the ‘departure gate’ since 2022.
BPL too often ‘holding the bag’ for developers
Bahamas Power & Light (BPL) is seeking a more “equitable” contribution from developers that need it to provide additional generation capacity for their projects, its chief executive revealed yesterday.
FTX Bahamas signals fresh Ray ‘progress’
FTX Bahamas’ liquidators and their US adversary yesterday suspended all scheduled legal filings as they bid to resolve their dispute outside the courtroom.
Two accused of $1.4m theft from security car at airport
TWO men accused of stealing more than $1m from a bank security car at an airport last week were in court yesterday - where they were each granted $250,000 bail.
Lincoln Bain defends declared net worth and liabilities
COALITION of Independents leader Lincoln Bain defended his $1.8m net worth yesterday, telling The Tribune that he gained his wealth through a successful investment strategy.
‘UP WAGE TO $350 - OR RISK STRIKES’: Unions agree to take vote as the call for minimum pay raise
A labour leader yesterday called for a further minimum wage hike to $350 per week by June 2024 as he revealed that multiple trade unions have agreed to each “take a strike vote”.
Forward Sammy Hunter and Akron Zips win season opener
SAMMY Hunter, fitting in quite well into his new environment, was among five players in double figures as the University of Akron Zips men’s basketball team blew past South Dakota State 81-75 in a road victory to begin the 2023-24 season on Monday night in Brookings, South Dakota.
GSSSA volleyball championships all set to get underway today
THE Government Secondary Schools Sports Association (GSSSA) volleyball championships are all set to be played for the senior and junior division titles at the Kendal G L Isaacs Gymnasium today at 4pm.
Woman allegedly attempts suicide - Police chief shares alarm at rise in numbers
A 20-year-old girl is hospitalized after allegedly attempting to commit suicide by ingesting a quantity of pills.
Customs officer accused of falsifying accounts to steal over $1.8m in 2019
A CUSTOMS officer testified yesterday that former customs broker Precious Miller Moxey falsified accounts to steal over $1.8m in funds in 2019.
Man on bail gets three months prison for failing to charge monitoring device
A MAN was sentenced to three months in prison after admitting to failing to charge his monitoring device while on release on a pending armed robbery charge.
Insurance regulator in blacklist ‘what if’ look
The Insurance Commission was yesterday said to be looking at “what if” scenarios to ensure insurers have access to sufficient reinsurance capacity if The Bahamas stays on Europe’s tax blacklist.
Bahamians face extra 90-day wait to join NHI
Bahamians will now have to endure an extra 90-day wait to enroll in National Health Insurance (NHI) as the scheme embarks on an efficiency drive to counter its “finite resources” this fiscal year.
Despite health concerns, possibly due to mould, Ministry of Grand Bahama remains open
STAFF at the Grand Bahama Ministry has been experiencing health issues due to the presence of mould at the Harold DeGregory Government Complex Building on the Mall.
Cornish pleads not guilty to charges of rape, assault and death threats
NORTH Abaco MP Kirk Cornish yesterday denied accusations that he raped, assaulted and threatened to kill a woman earlier this year.
Kool Acres demolition begins in wake of shanty town blaze
AS the demolition crews moved into Kool Acres shanty town yesterday, resident Souvenance Similien watched, hoping to reclaim the abandoned car he calls home.
RICHARD GIBSON MAKES HISTORY: The first Bahamian golfer to compete in Pan Am Games
In breaking new grounds as the first Bahamian golfer to compete in the Pan American Games, Richard Gibson Jr said his experience in Santiago, Chile, last week could be rated an eight out of a 10.
Gov’t signs PPP for Bimini airport
The Government, likely with eyes on the constituency’s upcoming by-election, yesterday signed a deal for a private consortium to transform Bimini’s airport facilities.
