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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.
Munnings makes impact in French ProB League
TRAVIS Munnings has had an immediate impact in his promotion to the French ProB League with his Boulazac Basket Dordogne basketball club.
Banks must ‘clear runway’ on high loan delinquencies
The Central Bank’s governor yesterday agreed that commercial institutions must “focus on clearing the runway a lot more for new lending” by tackling loan delinquencies that exceed Caribbean and international norms.
Gyms ‘may raise fees’ after BPL bills hike
THE looming increase in electricity bills will likely force some gym operators still recovering from COVID-19’s impact to consider raising membership fees or making other adjustments to help sustain operations, according to fitness stakeholders.
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.
STATESIDE: Just how far can you push the rules and get away with it?
JOAN and her friend Marilyn were in her New York City kitchen, warding off the unseasonable chill outside with steaming mugs of coffee. They were talking about the world’s current number one bogeyman.
FRONT PORCH: Failure by political leaders to understand social dysfunction
THE violent crime ravaging New Providence continues unabated. Political leaders and law enforcement are seemingly incapable of offering workable strategies to combat the rate of murder and other crimes.
Radshad shines in France debut
Radshad Davis made his French debut and is off to a noteworthy start with Vendee Challans Basket of the Nationale Masculine 1 League.
‘Buddy’ Hield and Pacers rout Kai, Hornets 122-97
CHAVANO “Buddy” Hield and Kai Jones went head-to-head as the NBA preseason continued last night.
BPL eyed 58% lower costs than fuel hike
Bahamas Power & Light (BPL) was on target to lock-in fuel costs “through March 2024” that were up to 58 percent less than the skyrocketing increases unveiled by the Government yesterday, documents have revealed.
‘Why up to 163% BPL fuel price hike as oil costs fall?’
Questions were raised yesterday as to why Bahamas Power & Light (BPL) is proposing to increase its fuel charge by up to 163 percent at a time when global oil prices are starting to decline from their March 2022 peak.
Hotels fear BPL hikes set to ‘derail’ rebound
Bahamian hotels yesterday warned that Bahamas Power & Light’s (BPL) planned fuel charge hikes of up to 163 percent have caused “outright anxiety” in the sector and could “derail” the post-COVID return to financial viability.
FNM Leader: ‘Significant blunder’ at BPL by govt
FREE National Movement Leader Michael Pintard said the Bahamian people will now have to pay the bill for the “significant blunder” at Bahamas Power and Light by the government with respect to the fuel hedging that was put in place by the previous FNM administration.
PETER YOUNG: New British PM will have to do better than this
Having commented last week that the new British Prime Minister, Liz Truss had made a good start, only days later the picture has changed dramatically.
Over 1,800 travellers hit by Bahamasair sickout
Bahamasair’s top executive yesterday revealed more than 1,800 passengers were impacted by Sunday’s flight attendant sickout as he voiced optimism that the airline’s reputation will not suffer long-term damage.
Tourism rebounds to 90% pre-COVID level
Bahamian stopover arrivals rebounded to 90 percent of pre-COVID levels for July as the tourism recovery maintained its momentum by attracting some 3.677m visitors during the first seven months of 2022.
Thelma Gibson workers ‘have had enough’
TENSION between teachers at Thelma Gibson Primary School and the school’s principal continued yesterday, with a number of workers allegedly calling in sick or refusing to show up to work.
