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BEC: Its 35% 'too high' heat rate costs millions

The Bahamas Electricity Corporation (BEC) could generate multi-million dollar savings for its long-suffering customers by simply bringing its fuel burning efficiency in to line with the global industry average, it was revealed yesterday.

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Bahamians receive postseason honours

A GROUP of Bahamian players played a prominent role on the Tallulah Falls varsity boys’ baseball programme and were recognised with postseason awards for their outstanding 2022 season.

Baha Mar construction finish to require $400m

Baha Mar’s construction completion will cost some $400 million, the Central Bank said last night, with around 95 per cent of the project’s full-time employees to be Bahamian.

Web shops urged to withhold due taxes

Web shops were yesterday urged to withhold all revenues currently due to the government, amid claims planned tax hikes were intended to wipe them out in favour of a national lottery.Philip Galanis, the former MP and senator, told Tribune Business he

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Bahamas in Caribbean Amateur Junior Golf Championships

TEAM Bahamas opened the 26th Caribbean Amateur Junior Golf Championships on a favourable note with several round one performances leaving the coaching staff optimistic for the remainder of the event.

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Giants take 2-0 lead, Regulators win opener

WHILE the Commonwealth Bank Giants continue their impressive winning streak by pushing the defending champions PJ Stingers on the brink of elimination, the Mr Ship It Freight Regulators are looking to make it to their first championship appearance in the New Providence Basketball Association (NPBA) postseason.

Saved by the net

By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3

Saved by the net

By Mike Lightbourn You're ready to list, but are you ready to sell? Let's say that on the first day your home is for sale, your agent shows it to prospective buyers. They love it, and make an offer on the spot. You were asking $345,000, and they offer $3

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Five newly confirmed cases of COVID-19

THE number of confirmed COVID-19 cases jumped by five to 89 yesterday, health officials said.

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Port to be Bahamas’ ‘Sydney Opera House’

The winning Nassau cruise port bidder yesterday said it aims to increase passenger spending by more than 100 percent and transform the entire city into a “worldwide brand”.

Insurer’s $80m Matthew payout 20% off forecast

A top insurer yesterday said its total Matthew claims payout was likely to be 20 per cent less than originally estimated, as it warned that the Bahamas’ hurricane preparedness “cannot be business as usual”.

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GB Power: 80% of Freeport grid survives Dorian

Grand Bahama Power Company’s (GBPC) chief executive said the restoration of customer supply would begin yesterday evening after 80 percent of its Freeport grid infrastructure survived Hurricane Dorian. Dave McGregor, the utility’s chief executive, c

Nesbitt and team claim title in Brazil's pro league

NATIONAL team member David Nesbitt claimed his second consecutive Novo Basquete Brasil (NBB) championship in as many years.

Cuba: Immediate threat to 20% of Bahamas’ visitors

Cuba’s opening will immediately threaten more than 20 per cent of the Bahamas’ stopover visitor market, it has been revealed, amid calls for a ‘tourism trade agreement’ with the US to mitigate the impact of its ‘diplomatic reset’ with Havana.

sports inbrief

NPSA ELECTIONS A NUMBER of sporting bodies will conduct their election of officers this year. The first one is the New Providence Softball Association, which is expected to go to the polls 7pm Thursday at Banker's Field, Baillou Hills Sporting Complex. Al

sports inbrief

NPSA ELECTIONS A NUMBER of sporting bodies will conduct their election of officers this year. The first one is the New Providence Softball Association, which is expected to go to the polls 7pm Thursday at Banker's Field, Baillou Hills Sporting Complex. Al

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‘We see NAIA membership in our short term future’

WHILE the College of the Bahamas will be transformed into the University of the Bahamas next week, everybody is waiting for the unveiling of its new Athletic Department.

Builder defends $20m contract

GOVERNMENT-hired builder Rev Lloyd Smith has defended his construction firm Holiday Industrial Builders International (HIBI) insisting that during the arbitration process, which followed a “politically motivated” contract termination, he pocketed nearly $10 million as there was no evidence that his work did not meet coding standards.

Heat's Chris Bosh out indefinitely

MIAMI (AP) -- Chris Bosh and the Miami Heat were relieved by the diagnosis. It's the prognosis - or lack of one - that's a source of worry now. And suddenly, the Indiana Pacers may be even more of a threat. Bosh strained a lower abdominal muscle in Game 1

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Bahamas 'rises from captives extinction'

The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.