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Businesses blast Grand Bahama Power fuel charge hike
GRAND Bahama Power Company’s (GBPC) impending fuel charge increase was yesterday branded “disgraceful” by one businessman although the move came as little surprise.
BJ Murray hits 2-run homer in AFL
CHICAGO Cubs prospect BJ Murray has limited opportunities in the Arizona Fall League thus far, but continued his power hitting from the regular season in his last plate appearance.
No sanctions over price control ‘death warrant’ execution
The Government last night backed down from imposing sanctions on food retailers and pharmacists who fail to enact the expanded price control regime - which one branded “a death warrant” - by today’s deadline.
The Bahamas’ top two life insurers downgraded
The Bahamas must “take concrete steps” to reverse the trend of sovereign credit rating downgrades after the country’s two largest life and health insurers saw their own financial strength assessments slashed as a result.
Union chief says: ‘Don’t encourage mediocrity’
A trade union leader says the labour movement “must not encourage mediocrity” in the workplace as he urged patience when over trying to achieve all goals in industrial negotiations.
Grand Bahama electricity costs 40% below rest of Bahamas
Grand Bahama’s electricity costs will be 40 percent lower than Nassau’s and the rest of The Bahamas during the 2023 summer peak after the island’s utility locked in fuel costs at 12-14 cents per kilowatt hour (kWh).
Bahamian pro basketball players in Euro spotlight
BAHAMIAN pro basketball players across various leagues in Europe produced season highs in early season play for their new clubs.
Scheme aims to bring farming into the backyard
AGRICULTURAL Development Organisation has partnered with The Church Commercial Farming Group (TCCFG) to facilitate the backyard farming initiative.
‘Challenge to survive’ even on $260 minimum wage
DESPITE the government raising the country’s minimum wage to $260, some yesterday argued that the challenge to survive remains.
Long Island cruise port build-out to hit $500m
The developer behind the planned Long Island cruise port has committed to employing a workforce that is a minimum 80 percent Bahamian for a project where the total investment could exceed $500m.
PM: ‘No concerns’ that businesses won’t cope
PRIME Minister Phillip “Brave” Davis said yesterday he had no concerns about small business longevity in the face of an impending light bill increase and now a newly announced higher minimum wage of $260 a week. Mr Davis said it was a step in the right direction.
Officials to assess national diploma
EDUCATION Minister Glenys Hanna-Martin revealed officials are hoping that by December they will be able to make an accurate assessment of the national high school diploma so that they can ensure it does not negatively affect students.
Unions not giving up $300 minimum wage
The Trades Union Congress (TUC) president yesterday asserted that the labour movement will push for a further minimum wage increase to $300 per week once the economy has rebounded “in a strong way”.
Labour on the Blocks job fair to be held this weekend
OFFICIALS say the upcoming Labour on the Blocks job fair this weekend promises to be the “largest job fair ever”.
Isaacs and Hanna team up at Lake Eerie Crushers
A PAIR of Bahamian players are set to become teammates in the Frontier League after a series of trades by the Lake Eerie Crushers.
URCA promises ‘active review’ of BPL fuel hike
The energy regulator’s pledge that it has begun “an active review” of the up to 163 percent hike in Bahamas Power & Light’s (BPL) fuel charge was yesterday branded “critical” to its continued credibility.
‘Swimming against tide’ on $400k BPL bill hike
A local manufacturer is “swimming against the tide right now” with Bahamas Power & Light’s (BPL) fuel charge hikes set to increase its 2023 electricity bill by around $400,000 year-over-year to more than $1m.
Moody’s doubles down on ‘overly optimistic’ forecasts
Moody’s has doubled down on concerns that the Government’s Budget revenue forecasts are “overly optimistic” and that its debt servicing payments will be higher than projected due to the rise in global interest rates
Three-under-par Harris is champion
FOR the second tournament in a row, David Harris emerged as the champion of the Bahamas Professional Golf Tour.
23 points and nine assists for Domnick Bridgewater
DOMNICK Bridgewater returned to pro basketball in the French Nationale Masculine 2 League on what seemed like a moment’s notice, but it took little time for the young point guard to display midseason form.
