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BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
$700m external loan goal ‘looking very favourable’
The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.
Central Bank 'agrees' on $232m IMF SDR roll-over
The Central Bank has "agreed to roll over" the $232.3m IMF special drawing rights (SDR) financing it provided to the Government as part of the latter's 2023-2024 borrowing plan, it was revealed yesterday.
BPL bills 'like a mortgage'
The Bahamas Society of Engineers (BSE) president yesterday described Bahamas Power & Light (BPL) bills as being “almost like a mortgage now” as households and the private sector struggle to cope with the increased expense.
Further $2m invested to combat pot holes
The Ministry of Works yesterday said it is investing a further $2m to combat pot holes plaguing New Providence's road network after recent heavy rainfall merely worsened the hazards facing motorists.
WORLD VIEW: Haiti urgently needs a genuine and representative transitional government
HAITI’S non-elected President, Dr. Ariel Henry has been identified as a significant part of the current crisis in Haiti. Henry and a small clique, who surround him, are hardly running the affairs of the state. Indeed, as armed gangs control more than 60 per cent of Port-au-Prince and the main corridors throughout Haiti, the disappearance of the state is obvious.
Andros Chickcharnies take home gold in golf
Grand Bahama Lucayans secure silver, NP Buccaneers win bronze
THE Chickcharnies will carry the sixth Bahamas Games team gold medal home to Andros.
Navigators, Adventurers claim their gold medals
THE Exuma and Ragged Island Navigators along with the Eleuthera Adventurers brought gold to the Family Islands after winning the basketball segment of the Bahamas Games.
Lucayans, Adventurers bring home the gold
Men’s marathon slugfest highlights Bahamas Games softball title games
WHILE the ladies’ three-hour affair for the 6th Bahamas Games softball gold medal was won by the grit and determination of a 13-year-old, the men’s marathon slugfest was secured on the strength and power of six home runs.
Minister Bowleg: ‘This was a great Bahamas Games’
AS the curtain came down on the sixth Bahamas Games, Minister of Youth, Sports and Culture Mario Bowleg said he was pleased with what he saw from the nine days of competition.
Supercharge your summer: Tackle inflation with investor loans
As the summer sun blazes, so does the ongoing battle against inflation. Rising prices are causing financial stress for many, but savvy investors are turning to a powerful weapon in their arsenal: investor loans also known as margin loans. This unique financial tool allows you to use your government bonds, shares and other investments as security against a loan. Let’s look at some of the ways you can get ahead by opting for a low interest investor loan.
DEREK SMITH: Linking climate risk, compliance and actuarial science
THIS summer, my compliance intern is an actuarial science major. In several instances, both she and I have been asked, "Why would an actuarial science major choose the area of compliance for their summer internship at an insurance company?"
Man drowns in Goodman's Bay area
Police are actively investigating the circumstances surrounding the drowning of a 59-year-old man on Sunday.
Andros Chickcharnies in the lead after day 2
Bahamas Games golf tournament at Ocean Club on Paradise Island
THE Andros Chickcharnies are still holding onto the lead after two days of competition in the 6th Bahamas Games golf tournament at the Ocean Club on Paradise Island.
Drama and controversy hits softball competition
THERE was some drama and a little bit of controversy as the sixth Bahamas Games’ action packed softball competition continued yesterday in the Bankers’ Field at the Baillou Hills Sporting Complex.
FNM being racist and misogynist
I am most grateful for this opportunity to comment in your publication/media service on comments made by Dr Duane Sands, national chairman of the Free National Movement, the official Opposition on the Award of Excellence given to two internationally distinguished individuals during our 50th Independence Anniversary celebrations.
STATESIDE: Is Russian conflict the real reason for hesitancy to admit Ukraine to NATO?
The just-concluded NATO summit meeting in Vilnius, Lithuania, was at the same time somewhat anticlimactic and newsworthy. Membership issues dominated on both sides of this. And these are really important as the West drifts ever closer to an open shooting war with Russia.
FRONT PORCH: Future uncertain on Downtown revitalisation - can the ‘soul’ of Nassau be preserved?
Two prominent figures sit in that most public of squares – Rawson, which in earlier times was simply known as “The Park” and was described by LD Powles in The Land of the Pink Pearl as “an acre in extent…on which were the broken remains of some benches and some dried-up-looking, coarse grass”.
Contaminated oil a new blow to Andros power
A CONTAMINATED supply of fuel led to a new shutdown of a power unit in Andros as restoration efforts continued following the fire that severely damaged BPL’s North Andros Power Station last week.
