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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

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”.

New Providence Cycling Association back in full gear

AFTER a year of inactivity because of the spread of the coronavirus pandemic, the New Providence Cycling Association is finally back in full gear.

Banks: 25% never verified Building Code compliance

The Central Bank is urging all licensees to ensure their offices can withstand a Dorian-type Category Five hurricane after 25 per cent said they had never confirmed Bahamas Building Code compliance.

Rockets and Resistance get wins in night league basketball

THE New Providence Basketball Association continued league play Wednesday night with wins for the Rockets in Division I and the Resistance in Division II. On the heels of his appearance with the men’s national team in the FIBA World Cup Qualifiers Mo

Digital banking can’t be ‘rammed down throats’

A senior banker yesterday said the industry must adopt the “Mary Poppins with medicine” approach in encouraging more Bahamians and businesses to switch to digital transactions.

Surprise at Christie admission

OPPOSITION Leader Dr Hubert Minnis was surprised by Prime Minister Christie's acknowledgment that the Bahamas was now "in the midst of one of the most difficult and challenging fiscal periods in the nation's history". The Prime Minister made his observati

Banks see 30% profits increase

Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.

Long Islanders still waiting a year after Hurricane Joaquin

LONG Island farmers have not been able to collect on relief vouchers issued by the government for losses incurred by Hurricane Joaquin more than a year ago, according to one resident who criticised the stalled pace of relief for the island.

Waltiea Rolle makes an impact with Seattle Storm

HER Seattle Storm fell short in their push toward the WNBA post season, but before the regular season ended, Waltiea Rolle was able to make an impact with the franchise with increased opportunities on the floor.

Nygard to take stand in his defence in sex assault trial

FORMER fashion mogul and Lyford Cay resident Peter Nygard is expected to testify in his own defence as his sex crime trial continues in Toronto, Canada.

Waltiea Rolle takes time out to meet 'Mother' Pratt

AS she gets prepared to be honoured by the Bahamas Hoopfest, the Bahamas’ first player to participate in the Women’s National Basketball Association (WNBA) Waltiea Rolle took the time out to meet Cynthia ‘Mother’ Pratt, the first female to serve as a

Buddy scores 16 in 114-112 loss to Magic

SACRAMENTO, California (AP) — The Orlando Magic made a pair of costly defensive mistakes in the final 80 seconds. Evan Fournier’s quick change of mind and a big shot by Aaron Gordon more than made up for it.

Bahamians win medals, qualify for the NCAA Nationals

NCAA Track and Field moved into its conference championships across several divisions and Bahamian student athletes produced medal winning performances en route to qualifying for the upcoming NCAA National Championships.

Call for Caribbean to adopt HIV self-testing

ON the occasion of World AIDS Day, Caribbean AIDS response stakeholders are calling for countries in the region to adopt HIV self-testing.

GB: 82% of firms plan to re-open

Some 82 percent of closed Grand Bahama businesses surveyed by the island’s Chamber of Commerce expect to re-open, it has been confirmed, with just two firms saying they will go out of business.The COVID-19 survey of 127 companies found that 42 percen

$358m penalty for fraud with Bahamas 'alter ego'

A US judge has imposed a $358 million fine on the perpetrators of an alleged multinational fraud that he found employed a BISX-listed firm’s subsidiary as its “alter ego”.

Ex-City Markets workers 'losing faith' in courts

Former employees of the now-defunct City Market supermarket chain have “lost faith” in the legal system, a spokesman for the group said yesterday, telling Tribune Business that 80 per cent had still “not received a dime”.

Rockets beat Caribs as Cybots take down Marines

THE New Providence Amateur Basketball Association resumed play Monday night at the DW Davis Gymnasium following the holiday season.

Valley Boys taking legal action after Roots declared New Year's winner

THE Valley Boys Junkanoo group is taking legal action against the Junkanoo Corporation of New Providence (JCNP), amidst revelations that the Roots Junkanoo group have been declared the official winner of the New Year's Day Junkanoo Parade.

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