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GB Power: No rate rise from $18.3m asset recoveries
The Grand Bahama Power Company’s (GBPC) majority shareholder yesterday confirmed it had been given regulatory approval to recover $18.3 million tied up in retired generation units, although it emphasised this would not lead to an increase in customer tariffs.
Citi Bahamas Celebrates 12thAnnual Global Community Day
CITI Bahamas celebrated its 12th annual Global Community Day on June 10 with approximately 250 Citi volunteers in Nassau joining the efforts of nearly 100,000 of their colleagues, family and friends in 500 cities in 91 countries and territories to en
Real Property tax reforms can ‘double’ revenues to $200m
The Government has been advised that it could double real property tax collections to almost $200 million per year through better enforcement and ensuring all eligible properties are on the roll, a Cabinet minister has disclosed.
New mobile operator ‘bang on roll-out goal’
The Bahamas’ second mobile operator and its controlling shareholder yesterday said they were “bang on target” in meeting its first roll-out milestone, describing this and the launch of services as “a miracle”.
Baha Mar 'rising to occasion' with 3,277 staff contacts
Baha Mar yesterday said it had already contacted 3,277 potential Bahamian recruits for its $2.6 billion resort, adding that it was confident it would “rise to the occasion” in developing a local workforce.
Renowned sailor Ian Bruce dies age 82
IAN Bruce, an internationally renowned sailor, boat designer and builder who spent periods of his life in the Bahamas, died last month from cancer aged 82.
Video shows missing cruise ship passenger’s last moments aboard
A MAN who jumped onto a lifeboat on the side of a cruise ship clung to the edge of the tiny vessel for more than minute early on Friday as fellow passengers watched and screamed before he plunged into the ocean below, according to officials and video posted of the incident.
FNM infighting will come to end
Please allow me to respond in kind to an editorial in your paper that commented on a letter written to your paper by one Kevin Evans on February 15th, on “attack dogs” in the FNM party.
Christmas Day will be hot for Bahamians say forecasters
FORECASTERS at the Department of Meterology have dashed any hope of a cool Bahamian Christmas, with the holiday weekend shaping up to be “an average hot day”.
Bahamas Sailing Association to host summer sailing camp
THE Bahamas Sailing Association has been running its summer sailing school out of the Nassau Yacht Club since 2005.
$110m collected in VAT in first three months
THE government has collected $110m in value added tax payments during the first three months of the year, Prime Minister Perry Christie told the House of Assembly yesterday.
Bahamians warned to prepare for scorching heat this week
BAHAMIANS can expect scorching temperatures from Wednesday through the weekend with the heat index expected to reach 104 degrees Fahrenheit, Senior Meteorological Officer at the Department of Meteorology Orson Nixon warned on Tuesday.
D’Aguilar: Govt 'living in a dream world' over Bahamian contractor payout
THe Government is “living in a dream world” if it believes that Bahamian contractors will be paid the $74m owed collectively for work carried out on the $3.5 billion Baha Mar development, a former Baha Mar director said yesterday, asserting that “no buyer” except the original developer is interested in seeing them paid.
Businesses braced for stormy weather
Businesses and residents in the southern Bahamas are bracing themselves for the possibility that a strong tropical wave expected to pass over The Bahamas becomes a serious threat, with one private sector representative telling this newspaper: “We don’t want to find ourselves in a situation as with Joaquin”.
Carnival cruise port
Concerning the $200m development of the Carnival Cruise Port at Sharp Rock, East Grand Bahama, what will become of Freeport Harbour once this project is completed?
Jonquel Jones posts 29 points, 19 rebounds in blowout victory
JONQUEL Jones continues to lead CBK Mersin to the top of the standings in Turkey’s Herbalife Nutrition Women’s Basketball Super League, and contention in FIBA EuroLeague play.
Peter Roker’s National Heroes Day charity challenge
BUSINESSMAN, fuel retailer and philanthropist Peter Roker, known as a pioneer in the Carmichael Road West community, is engaging in one of the biggest philanthropic challenges of his life this National Heroes Day. He will attempt to walk 248,160ft, or 47 miles around the entire island of New Providence in an effort to raise funds for three charities.
Will crime kill tourism economy?
As many people have expressed concern in the newspaper about the high crime robberies and murders in The Bahamas, President of the Hotel Association Robert Sands and Vice President of Baha Mar stated the government needed to urgently address the high crime rate before it impacts tourism.
$10M allocated for pay rises
THE GOVERNMENT has allocated more than $10 million towards salary increases for teachers and other public servants, according to State Minister for Finance Michael Halkitis.
'No silence' on job cuts
THE government is “not going to be silent” about the nearly 20 persons who were laid off from the Grand Bahama Power Company last week, Prime Minister Perry Christie said yesterday.
