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Banks see 30% profits increase

Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.

Negligence claim against attorney thrown out

Negligence claim against attorney thrown out By CELESTE NIXON Tribune Staff Reporter cnixon@tribunemedia.net CLAIMS of professional negligence against former MP and veteran attorney Malcolm Adderley have been dismissed. The lawsuit, which was filed sho

BEC breaches $100m bond issue conditions

The Bahamas Electricity Corporation (BEC) breached the financial terms of its existing plan $100 million bond issue, forcing it to seek a four-year waiver from investors.

Attorney loses appeal on ‘forged’ bank drafts

A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.

Briland resort enjoys 33% revenue surge

A Harbour Island hotelier yesterday said the Christmas holidays were “bananas as usual” with December 2022’s revenues 33 percent ahead of pre-COVID comparisons for that month.

Focus on cost of living issues

LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.

Starting at PG, Nesbitt cans 18 for Rebels in 78-68 loss to Gators

VALERIE Nesbitt, now in the starting line-up at point guard, came through with a big individual game, but it came on the losing end as the University of Mississippi Lady Rebels women’s basketball team fell to the University of Florida Gators 78-68.

BICA chief: Govt faces 20% revenue shortfall

The Bahamas Institute of Chartered Accountants (BICA) president yesterday warned the government could miss its full-year revenue target by “as much as 20 percent” based on current data.

S&P: ‘All possibilities on table’ over rating

Standard & Poor’s (S&P) yesterday said “all possibilities are still on the table” over the Bahamas’ sovereign credit rating, with “execution” of Value-Added Tax (VAT) and other Budget measures key to avoiding a further downgrade.

Atlantis holds another blood drive

THE Water Features department at Atlantis held another life-saving blood drive in conjunction with Princess Margaret Hospital and Doctors Hospital blood banks. Some 85 pints of blood were donated over the course of three days.

Sheila Bethell dies, aged 89

SHEILA Catherine O’Brien Bethell, formerly of Nassau, died in her sleep at her home in Dowling Park, Florida on October 16. She was 89.

‘The Tank’ Williams loses unanimous decision to Hammer

IT WAS a less than desirable result in the return to the ring for Bahamian heavyweight Sherman “The Tank” Williams in his first fight of 2015.

Four more COVID deaths

FOUR more COVID-19 deaths have been added to the nation’s tally, bringing the figure to 467.

Time to go?

The recently concluded general elections in the UK have resulted in a majority Conservative government and the return to 10 Downing Street of Prime Minister David Cameron. At one point the now vanquished leader of the Labour Party, Ed Miliband, was considered neck and neck with the Conservatives by most polls, if not a majority. The results, however, were decisive and spoke volumes about just how the average electorate sees political parties and judges their manifestoes or charters for governance.

Third party politics: Changing of the guard at the Palace of Westminster

The Conservatives have new energy and impetus but are unsure how to respond to the UKIP threat while Labour’s weak, left-leaning leader is an electoral liability. As the starting gun fires on the race to next year’s General Election in Britain Peter Young forsees the end of voting on traditional two-party lines amid the political uncertainties.

National Hall of Fame Induction set for National Sports Heritage Week Ceremony set to be held at Government House

By BRENT STUBBS

STATESIDE: Biden seeking to avoid gaffes

US President Joe Biden is known for avoiding live press conferences. In sharp contrast to his predecessor, Biden appears to believe that such largely unrehearsed sessions would expose him to more of the gaffes and errors that have occurred many times throughout his long public career – albeit without the crippling effect of some of his contemporaries’ mistakes and misstatements.

The Tribune

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