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BTC left 'flat' by price/cost cutting
The Bahamas Telecommunications Company’s (BTC) controlling shareholder yesterday blamed its “flat” first-half financial performance on preparations for cellular competition, with net income matching last year’s $37 million.
The unhealthy influence of the PLP’s ‘political operatives’
IN 1984, a PLP party supporter made it quite clear what he expected of his party once his vote helped it gain the government.
EDITORIAL: Echoes of Adderley in PLP treatment of Izmirlian
On June 23 - a week after Fort Charlotte MP Dr Andre Rollins launched a blistering attack in the House on government’s handling of the $3.5 billion Baha Mar resort, accusing the Chinese bank and construction company of “deceiving” Bahamians over the stalled development to protect their own financial interests - PLP national chairman Bradley Roberts decided to dip his own oar into the cauldron of discord.
‘Fortunate one-offs’ in $4m Fidelity boost
Fidelity Bank (Bahamas) chief executive yesterday conceded that its record-breaking 2015 profits may have been “fortunate”, after they received a $3-$4 million boost from ‘one-off’ events.
Retailers ‘not easing up’ on gas margin increase
The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.
Brotherhood shelves Egypt's Islamsation - for now
THE MUSLIM Brotherhood has stopped talking about its longtime dream of an Islamic Egypt and expelling Israel's ambassador to Cairo. Instead, President-elect Mohammed Morsi is hurriedly building a diverse alliance with leftists, liberals and Christians to bolster his battle to end military rule.
Spain’s ailing banks threaten country’s finances
Spain is under rising pressure to find a lifeline for its deeply troubled banks.
Cable unveils dividend restart within one year
CABLE Bahamas expects its growth strategy to start paying off for shareholders in less than a year’s time, although it is “not fully satisfied yet” with the returns generated.The BISX-listed communications provider told investors in its newly-release
CAC Games: Men's softball team knocks off Guatemala 5-3
While the men’s national softball team closed out round robin play at the 23rd Central American and Caribbean Games in Barranquilla, Colombia, with their only victory, the men’s national basketball team suffered their second straight loss.The two tea
Crown seeking the death penalty over murder of couple
THE Crown is seeking the maximum penalty of death for murder convict Devaughn ‘Short Man’ Hall for the “brutal slaying” of an unarmed couple shot to death at their residence in Grand Bahama in 2015.At Hall’s sentencing hearing in the Supreme Court ye
HAWKS RUN AWAY FROM HEAT IN FOURTH
MIAMI (AP) — Atlanta played zone defense. Tracy McGrady found his zone. And with that, Miami's unbeaten start came to an end.
Rum facing devastating double whammy
EARNINGS and employment generated by the rum industry in 14 CARICOM countries and the Dominican Republic (collectively CARIFORUM) are under siege and the entire industry could be severely diminished in a few years unless the governments of these countries take swift action.
'Great experience' for Georgette Rolle
THE pressure of carrying the Bahamas’ representation on her shoulders was a little too much for Georgette Rolle to handle at the second annual Pure Silk Bahamas LPGA Golf Classic at the Ocean Golf Course on Paradise Island over the weekend.
Bank chief warns VAT to increase prices 10%
A top bank executive yesterday estimated that the planned Value-Added Tax (VAT) would increase Bahamian consumer prices by around 10 per cent, with this and higher Business Licence fees increasing his institution’s operating expenses by an annual $2.5 million.
NPBA: Giants stop High Flyers 125-104, Regulators beat defenders 76-73
THE Commonwealth Bank Giants continue to roll along with the best record in the New Providence Basketball Association.On Saturday night at the AF Adderley Gymnasium, the Giants stomped past the Breezes High Flyers 125-104 to highlight a series of gam
Jumpers rule at horse show in Camperdown
SPEED, style and precision ruled the day at the Camperdown Equestrian Centre Semi-Annual Horse Show held this past weekend.
Service honours Sir Sidney Poitier
A STATE-RECOGNISED Service of Thanksgiving in honour of the late Sir Sidney Poitier, KBE, was held on Father’s Day.
Jones posts double in Foxes’ victory
FOLLOWING a break in competition for national team play at the FIBA Eurobasket 2021 Qualifiers, Jonquel Jones and her UMMC Ekaterinburg Foxes began FIBA Euroleague play this week and continued their dominance in the region.
UB Mingoes lose to STU Bobcats after strong start
MIAMI GARDENS, FLORIDA – Kemsy Sylvestre and Justin Smith combined for 49 points for UB but a slew of three-pointers from St Thomas University late in the game kept the Mingoes from picking up the win.
Whylly, Goodman & Hurricanes win ACAA title
A PERFECT regular season continued with a perfect run through the playoffs for the Holland College Hurricanes as their Bahamian pipeline led the way to their seventh consecutive Atlantic Collegiate Athletic Association men’s basketball title.
