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Miller brands $600m waste plant's output 'fiction'
The Bahamas Electricity Corporation’s (BEC) executive chairman has branded as “fiction” and “far-fetched” the assertion by Stellar Energy that its waste-to-energy plant could produce 75-80 Mega Watts of power daily, telling Tribune Business: “The capacity just isn’t there”.
The battle started by Martin Luther is still alive today
October 31, 2017 will mark the 500th anniversary of the German monk, Martin Luther, nailing his 95 theses to the door of the Wittenberg Church.
‘Fortunate one-offs’ in $4m Fidelity boost
Fidelity Bank (Bahamas) chief executive yesterday conceded that its record-breaking 2015 profits may have been “fortunate”, after they received a $3-$4 million boost from ‘one-off’ events.
Evasion loopholes hitting VAT target, fears ex-minister
A former finance minister yesterday urged the government to examine whether the VAT shortfall had resulted from the introduction of exemptions opening up fraud and tax evasion loopholes.
Stella Maris already at 80% Christmas occupancy
Long Island’s Stella Maris resort is already posting 80 per cent occupancy levels for the Christmas/New Year holidays, its general manager saying that apart from cut-off tree stumps “no visitor would realise a hurricane came through here”.
Jones and Sun in WNBA Finals
Jonquel scores 15, grabs 10 rebounds as Sun rally in 4th to beat Sky 72-63
Powered by a furious quarter rally, Jonquel Jones and the Connecticut Sun won a series finale on the road and are headed to the WNBA Finals.
Aliv ‘credibility’ boost as roll-out targets hit
The Bahamas’ second mobile operator yesterday received a “credibility” boost from regulators confirming it had met its first network roll-out targets, and disclosed it was ahead of schedule in bring service to Abaco, Grand Bahama and Eleuthera.
Another day, another glitch causing trouble at BPL
BAHAMAS Power and Light said a “technical issue” at its Blue Hills Power Station led to power cuts in eastern New Providence on Wednesday night.
Turnquest: Only fair for web shops to pay 'their fair share'
FINANCE Minister K Peter Turnquest defended the government’s decision to increase taxes on gaming house operators on Thursday, saying it is only fair web shops pay “their fair share” for its impact on vulnerable communities.
Port's 80% efficiency almost tops Caribbean
The Freeport Container Port (FCP) is the second most efficient port in the Caribbean despite having the highest shipping costs per mile, a World Bank study has found.
Oil opponents: BPC EIA 'contradicts' drilling halt
Oil exploration opponents are arguing Bahamas Petroleum Company's (BPC) assertion that a mid-drilling halt will cause "unnecessary safety" risks is contradicted by its own environmental studies.
Environmentalists 'not only oil drilling voices'
A Cabinet minister yesterday said environmentalists are “not the only voice in the room” when it comes to determining whether The Bahamas should permit oil exploration in its waters.Romauld Ferreira, minister of the environment and housing, said the
Stingers top Regulators, 99-87
The PJ Stingers now find themselves in the driver’s seat and could win their first New Providence Basketball Association men’s championship title at the AF Adderley Gymnasium tonight.
NAD sees 5% passenger traffic fall over Christmas
OUTBOUND passenger traffic from the Lynden Pindling International Airport (LPIA) into the US over the Christmas holiday period decreased 5 per cent year-over year, according to airport operator, the Nassau Airport Development Company (NAD).
Patron taxes a 'major concern' for web shops
THE twin five percent Stamp Tax levies on web shop patrons are a “significant concern” for operators, the Gaming House Operators Association’s chief executive said yesterday.Gershan Major told Tribune Business that while it was difficult to determine
Renewable provider hails resort’s new solar system
A renewable energy provider yesterday said the system installed at a major Family Island resort will cut its emissions by 95 percent through slashing diesel fuel consumption.
Bank: road money is running out
Bank: road money is running out By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net THE $129 million the Inter American Development Bank provided for the New Providence Road Improvement Project will be depleted by the end of the month, ac
Bank: road money is running out
Bank: road money is running out By SANCHESKA BROWN Tribune Staff Reporter sbrown@tribunemedia.net THE $129 million the Inter American Development Bank provided for the New Providence Road Improvement Project will be depleted by the end of the month, ac
Pro basketball player Zane Knowles signs with new club
ZANE Knowles will continue his career in Bulgaria’s National Basketball League.
Joaquin insurance loss stands at $14m
The Bahamian insurance industry is currently pegging gross losses caused by Hurricane Joaquin at $14 million, a sum equivalent to just 23 per cent of the initial $60 million damages estimate.
