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BPL to raise $100m in fiscal 2017-2018

Bahamas Power & Light (BPL) plans to raise $100 million in new debt financing during the 2017-2018 fiscal year, it was revealed yesterday, and is working on a new tariff structure and customer debt forgiveness.

Gov't eyes $138m spending slash

The Government is moving to cut recurrent spending projections by 5.6 per cent for the current fiscal year to compensate for a $120 million drop in revenues, with a Wall Street analyst yesterday saying execution would be “key” if it was to hit is deficit/debt reduction targets.

Oil explorer to boost Freeport's 'little gem'

The Bahamas Petroleum Company (BPC) is planning to use Grand Bahama’s industrial and logistics abilities to support its oil exploration activities, its chief executive describing the island as an “under-utilised little gem”.

According to Bradley Roberts, we are ‘foolish, reckless and irresponsible’

BRADLEY Roberts, PLP chairman, is incensed that there should be any suggestion that “government interfered with the Baha Mar negotiations, a private contractual matter, and is therefore to blame for the recent lay-offs”.

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BPL: 96% have power restored

BAHAMAS Power and Light has restored electricity to approximately 96 per cent of customers in New Providence and has substantially completed restoration efforts in North and Central Andros, BPL said yesterday.

sports inbrief

BASKETBALL HUGH CAMPBELL TOURNEY THE 30th annual Hugh Campbell Basketball Tournament for senior boys, with 26 teams in the competition, is slated to begin at the Kendal Isaacs Gymnasium today. The RM Bailey Pacers are the defending champions. * Here's ho

sports inbrief

BASKETBALL HUGH CAMPBELL TOURNEY THE 30th annual Hugh Campbell Basketball Tournament for senior boys, with 26 teams in the competition, is slated to begin at the Kendal Isaacs Gymnasium today. The RM Bailey Pacers are the defending champions. * Here's ho

sports inbrief

BASKETBALL HUGH CAMPBELL TOURNEY THE 30th annual Hugh Campbell Basketball Tournament for senior boys, with 26 teams in the competition, is slated to begin at the Kendal Isaacs Gymnasium today. The RM Bailey Pacers are the defending champions. * Here's ho

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FNM offers support over energy – if the PLP is serious

FNM Chairman Darron Cash said that Prime Minister Perry Christie will get both “political cover” and “support” from the FNM if he is honestly serious about addressing the country’s energy challenges.

Live a Fulfilling Life: Three best ways to improve your health

Preventative medicine experts say that the single most important thing you can do to improve the nation’s health is simple – stay healthy.

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Just what the doctor ordered – poll gives support for medical marijuana

A RECENT Public Domain survey has found overwhelming support for medical marijuana among Bahamian residents across demographics of age, gender and income.

Bill Cosby

I am so terribly disappointed in Bill Cosby “One time America’s dad” over the years I read all of his books, on educating black folks, that there’s a better life than the hood life, particularly in his book “Come On People” sad to say.

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Tornadic activity damages homes in Grand Bahama

MULTIPLE homes in Grand Bahama have been damaged as a result of tornadic activity due to Hurricane Irma, The Tribune was told.

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Antique Auto Club helps children for Christmas

FOR the past 21 years, the Antique Auto Club of the Bahamas has been helping several less fortunate children enjoy the Christmas holiday.

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Authorities seize cocaine worth $2m

FREEPORT – Bahamian and US authorities discovered $2 million worth of cocaine, hidden among bags of coffee, in a container at the Freeport Container Port on Tuesday.

KPMG teams with BFSB for captives handbook

KPMG has partnered with the Bahamas Financial Services Board (BFSB) to produce a comprehensive overview of the captives industry in this jurisdiction, through a handbook entitled ‘Captive Insurance in the Bahamas’.

Mark St Fort dominates with 38 points, Nesbitt in the win column

MARK St Fort’s transition to the Japanese B2 League has been a welcome change to the veteran swingman.

Long Island’s private sector at 35% capacity

JUST 35 per cent of Long Island businesses are back in operation three months after they were devastated by Hurricane Joaquin, the island’s Chamber of Commerce president yesterday estimating that the private sector will take two years to “get back to where it was”.

$2m boost in hotel room revenues for Grand Bahama

GRAND Bahama is showing significant improvements in hotel room revenue, which has hit $16 million this year - a $2 million increase over 2014, according to tourism officials.

Take Bahamasair 'past Florida shopping trips'

Bahamasair needs to “go beyond sponsoring shopping excursions to Florida”, a senior tourism executive said yesterday, arguing that this nation must have the global airlift reach and capacity to sustain its tourism sector.