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PM facing 'judgement call' over BFS sale
PRIME Minister Perry Christie yesterday said the Government was not close to making a final decision on the potential acquisition of Bahamas Food Services (BFS) by the multi-billion dollar US food distribution giant, Sysco, telling Tribune Business his administratio was having detailed discussions with rival Bahamian wholesalers on the deal’s likely impact.
Stingers take Hugh Campbell title back to Grand Bahama
The Sunland Stingers were the most dominant team throughout the 38th Hugh Campbell Basketball Classic and the programme claimed their first tournament title in school history.
Family Island hotels targeting 90% pre-COVID room nights
Family Island hotels can hit 90 percent of pre-COVID room nights sold with a strong over 2022’s final quarter, a senior tourism is predicting, voicing optimism the sector will “get closer” to its targets.
BFS may have a perspective buyer
THE Gladstone Road based food wholesaler Bahamas Food Services (BFS) may have a perspective buyer as some in the business community have suggested, although BFS manager Don Carnine told Tribune Business that he had no knowledge of such developments.
Nassau/PI resorts enjoy ‘best quarter’ for 7 years
The Nassau/Paradise Island hotel industry has enjoyed its “best quarter performance for seven years” during the first three months of 2015, with occupancies ahead of year-before comparisons through April.
Lathaniel Bastian posts his second double double in three games
LATHANIEL Bastian recorded his second double double in three games and his sixth of the season for the Angelo State Rams men’s basketball programme.
Munnings makes his debut in Portugal, Fritz signs on with new club in Spain
TRAVIS Munnings made his debut with a new club in Portugal while Shaquillo Fritz signed on with a new club for the upcoming 2021 season in Spain.
BFS purchase by Sysco ‘best thing that can ever happen’
A leading retailer yesterday backed any potential acquisition of Bahamas Food Services (BFS) by the multi-billion dollar Texas-based giant, Sysco, as potentially “the best thing that ever happened to the food services industry in the Bahamas”.
IDB study shows VAT 'positive' for jobs, growth
An Inter-American Development Bank (IDB) study has shown that Value-Added Tax (VAT) will have a “positive” impact on the Bahamian economy’s growth and employment prospects in the medium-term, a senior official said last night.
Historic honour for Mychal ‘Sweet Bells’ Thompson
MYCHAL ‘Sweet Bells’ Thompson said he’s delighted to have his two sons join him for an historic honour by the Bahamas Government in the same year that they made their own history by being the first duo to win the National Basketball Association and D-League titles.
Cuba looks to youth to recover faded boxing glory
By ANNE-MARIE GARCIA Associated Press HAVANA (AP) -- Lazaro Perez jabs rhythmically at his rival in a steamy Havana gym, dancing, feinting and punctuating each blow with a grunt. After the final bell, he thrusts a weary arm skyward in triumph, and a proud
Cuba looks to youth to recover faded boxing glory
By ANNE-MARIE GARCIA Associated Press HAVANA (AP) -- Lazaro Perez jabs rhythmically at his rival in a steamy Havana gym, dancing, feinting and punctuating each blow with a grunt. After the final bell, he thrusts a weary arm skyward in triumph, and a proud
'We lost so we have to continue to grow as a team'
BUDDY Hield picked back up where he left off last season and continued to be the leading scorer for the Sacramento Kings in their 2019-20 preseason opening series.The Kings and Indiana Pacers played the NBA’s first ever games in India at the NCSI, SV
NPBA playoffs: Giants sweep High Flyers 2-0
THE Commonwealth Bank Giants will advance to NPBA championship finals after defeating the Sand Dollar Imports High Flyers 96-81 on Friday night at the A.F. Adderley Gymnasium.
NPBA: High Flyers and Pirates in win column
THE Breezes High Flyers and Asphalt Maintenance Pirates won the New Providence Basketball Association’s double header played at the AF Adderley Gymnasium on Monday night.
Oil drilling is 'reckless response' to debt woe
Activists yesterday blasted the government’s decision to give the environmental go-ahead for oil drilling in Bahamian waters as “a reckless and irresponsible response” to the country’s debt woes. Sam Duncombe, reEarth’s president, told Tribune Busin
Citizens must unite to be heard in the VAT debate
By TAMARA Van BREUGEL
Bahamas First in 18.5% motor claim increase
Bahamas First has seen a 20 percentage point decline in comprehensive insurance policies’ share of its auto book since the recession began, with total Bahamian motor claims increasing by 18.5 per cent in 2012. ==
Regulator warned 127 on financial crime compliance
Bahamian regulators issued warnings to 127 law and real estate firms over non-compliance with anti-financial crime mandates while giving this nation’s $306m-plus residential real estate sales a clean bill of health.
Property tax cap up 25% to hit $150,000
Bahamian realtors have given a mixed reaction to the Government's decision to increase the annual real property tax cap by 25 percent to $150,000.
