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NPBA: Shockers stun the Caribs 82-59

THE University of the Bahamas Caribs, coming off a 2-1 performance in the Sun Coast Men’s Basketball Classic last week, suffered their first loss of the New Providence Basketball Association regular season.

Two years, three months in prison for stealing and lying to officer

A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.

Lilith Adderley, wife of former AG, dies aged 88

LILITH Adderley, widow of former Education Minister and Attorney General Paul Adderley, died Friday morning at the age of 88.

Gov’t raises $72m from ‘not normal’ BGS bond

The Government’s financial advisers yesterday estimated it will take three years for Bahamian investors to start treating its new BGS security as a “normal investment vehicle”, after the first issue for the 2015-2016 fiscal year came in 28 per cent below target.

Labour ‘limits employer tricks’

A top official yesterday said the Department of Labour had “significantly limited the tricks” used by employers to deny Bahamians jobs in preference to foreigners, slamming some tourism and financial services work permit applications as “ridiculous”.

BOB non-compliant with 80% of regulatory ratios

Bank of the Bahamas shareholders are being asked to “throw good money after bad”, with the BISX-listed institution now non-compliant with four out of five key Central Bank capital ratios.

Fair share: Hotel rental unit tax not in effect yet

A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.

Bahamas 'underestimated' cruise visitors spending

The Bahamas may have “underestimated” cruise passenger spend in Nassau and Freeport, a Cabinet Minister admitted yesterday, following reports of a 59 percent increase since 2015.

Oil exploration fears for 'eco centric mecca'

An Andros bonefishing lodge's co-owner has voice alarm that that "the eco-centric mecca" of The Bahamas could be irreparably harmed if oil exploration plans go awry.

Bahamas ‘Jamaica bound’ on present fiscal course

The Bahamas will be “Jamaica bound” unless it immediately implements measures to tackle its growing debt and deficits, a well-known fiscal hawk warned yesterday.

Bahamas 'rises from captives extinction'

The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.

Wins for Caribs and Stingers as regular season returns

AFTER an exciting All-Star weekend, the New Providence Basketball Association returned to its regular season action on Monday night at the AF Adderley Gymnasium as the College of the Bahamas Caribs and the PJ Stingers picked up victories.

GB Power raises reduced light bill estimate to 95%

Grand Bahama Power Company (GBPC) yesterday said it was “confident” that the number of residential customers set to experience reduced electricity bills in 2016 had increased to 95 per cent, with some in line for “close to 7 per cent” decreases.

BISX-listed Fund ‘stabilises’ with commitments for $8m

The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.

Food stores given weekend choices

Super Value's president last night said the Prime Minister wants "to maintain a certain level of control" over his COVID ease as he revealed food stores were given the choice of which weekend day to open.

Music star Lou Adams dies, aged 94

LOU ADAMS, a legendary figure whose contributions to Bahamian music and cultural development are indelible, has died aged 94.

BEC targets GB expansion

THE Bahamas Electricity Corporation’s (BEC) executive chairman yesterday revealed it was exploring the possibility of servicing East End in Grand Bahama, adding that there was “excess” generating capacity in Abaco to do so.

POLITICOLE: There’s a hole in the bucket, Dear Christie

I was born in the 70s, and I grew up in the 80s and 90s. Life in The Bahamas was so much simpler then. Everything appeared cleaner, easier, purer. It was long before we knew what a storm our leaders were brewing for us, though we would soon find out. And the Pandora’s Box has been spilling over since then.

PM pays tribute to Edmund Moxey

THE late Edmund Moxey espoused ideas and introduced projects that historians will come to view as being way ahead of their time, Prime Minister Perry Christie said during the state funeral for one of the Bahamas cultural icons at the Parish Church of the Most Holy Trinity on Stapleton Gardens yesterday.

Bahamas tops Caribbean for LA, Houston tourists

The Bahamas is the most sought-after Caribbean destination among US west coast and central markets for a leading travel website’s clients, with this nation urged to “tell the story” of its individual islands and create an ‘urgency’ to visit.

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