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Cabinet minister’s estate battling radio show host

A former Cabinet minister’s estate is locked in a legal battle with a well-known radio talk show host over who is the rightful owner of two lots that are accessed through Gibbs Corner.

Bid to protect sealife

THE Nature Conservancy has submitted draft legislation to lawmakers that would allow for as much as 20 per cent of the marine environment to be protected.

'Missing link' to grow BORCO revenue $20m

'Missing link' to grow BORCO revenue $20m By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) revenues could increase by up to $20 million per annum due to its owner creating "a critical link" between its Bahamian and US

'Missing link' to grow BORCO revenue $20m

'Missing link' to grow BORCO revenue $20m By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) revenues could increase by up to $20 million per annum due to its owner creating "a critical link" between its Bahamian and US

'Missing link' to grow BORCO revenue $20m

'Missing link' to grow BORCO revenue $20m By NEIL HARTNELL Tribune Business Editor The Bahamas Oil Refining Company's (BORCO) revenues could increase by up to $20 million per annum due to its owner creating "a critical link" between its Bahamian and US

Boat registration fee rise ‘squeezes the small man’

LONG Island fishermen and tour operators are accusing the Government of seeking “to squeeze the small man out” over four- digit boating fee increases that have been suspended - at least for private vessels.

Bahamasair: Ticket rises, bag fees still up in the air

Bahamasair has yet to determine the timing or amount of any ticket price increases or baggage fee levies, its managing director said yesterday. Tracey Cooper, asked by Tribune Business when the national flag carrier plans to introduce the “nominal”

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UPDATED: Medical teams are ready as vaccinations begin

AMID growing concerns over the Oxford-AstraZeneca vaccine in some European countries, Health Minister Renward Wells has stressed that if any Bahamian were to experience negative post vaccination side effects, the government will respond “immediately”.

Attorney delighted ‘licensees not held hostage’ on taxes

A Freeport attorney yesterday expressed relief that the Government had not sought to “hold the licensees hostage” over the 20-year ‘blanket’ extension of their tax breaks.

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Foulkes: Web shop job cuts unfortunate

A DAY after web shop Asure Win said it will close 11 locations and layoff about 50 workers, Labour Minister Dion Foulkes described impending staff cuts from the sector as “unfortunate”, but said there are several factors contributing to the closure of gaming houses aside from a tax increase.

Food stores predict 20% sales decline

Food store retailers yesterday said they expect sales to drop by 20 percent between now and September. Atwell Ferguson, Golden Gates Supermarket’s general manager, told Tribune Business: “Sales have dropped for sure since the pandemic, and basically

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Turnquest: Recovery to be slow and anaemic

The Government has not used all the economic stimulus tools available to it, the deputy prime minister revealed last night, having kept some in reserve in case the COVID-19 pandemic is "prolonged".

'I’m often teased by my friends that we have great athletes, but no money'

SINCE the inception of the Caribbean Free Trade Association (Carifta) in Bridgetown, Barbados, in 1972, Jamaica has dominated the regional track and field meet, winning 36 of the 41 titles, including their 27th straight last year in Hamilton, Bermuda.

Central Bank: 20% pension contribution rate 'unsustainable'

THE Central Bank of the Bahamas said yesterday it was facing an “unstustainable” employee pension contribution rate of 20 per cent, following strong union objections over recent adjustments made to it.

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Port's $21m offering 'beats' market price

The Arawak Port Development Company’s (APD) planned $21 million preference share issue, set to come to market next week, will have debt servicing costs two percentage points lower than projected.

Cable adviser scoldsmanagers on US$ miss

Cable Bahamas’s financial adviser yesterday expressed “disappointment” that institutional asset managers had failed to deliver on indications they would place between $10-$18 million US dollars into the company’s private placement, having invested a paltry $100,000 to-date.

Briefly

Abilities Unlimited. - A patio and rummage sale will be held by Abilities Unlimited on Saturday, June 28, at Dolphin Drive, behind the BTC head office on JFK drive. The event will run from 7-11am and will feature books, ceramics, appliances, new/used clothing, used furniture, handbags, shoes and bargains galore. For more information, contact C Burrows on 326-6080 or 325-2150. For more information about Abilities Unlimited, contact abilitiesunlimited@hotmail.com.

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Two in court accused of assault

TWO men were arraigned in a Magistrate’s Court yesterday on separate assault charges.

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Contest for young poets

YOUNG writers can participate in the 2024 Caribbean World Poetry Day Competition for 2024.

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Championship bound

THREE of the four No.1 seeds in the GSSSA Basketball semi-finals remained undefeated and advanced to their respective championship series.