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Aliv chief 'confident' BTC sharing woes 'now behind us'

ALIV’s top executive yesterday said he was “confident” obstacles to sharing infrastructure with its main rival had been overcome, with the mobile upstart poised to “conquer” its targets.Damian Blackburn told Tribune Business that many co-location and

Increase announced in Junkanoo seed funding

JUNKANOO groups in New Providence are to receive large increases in seed funding, with the A groups to get $30,000 and B groups $15,000.

YESI partners with Gambier Primary to kick off soccer programme

Youth Empowerment through Sports International (YESI) has embarked on a new initiative with a local primary school, as it continues its mandate of using the game of soccer to impact the community at large.

Baseball legend Edison ‘Ed’ Armbrister laid to rest

EDISON ‘Ed’ Armbrister was not just remembered on Saturday for his controversial bunt in Major League Baseball for the Cincinnati Reds, but for being one of the few Bahamians to win two world titles in any sport.

Web shops facing taxation 'wipe out'

Sebas Bastian yesterday warned web shops face a “wipe out” from tax increases of up to 355 percent, as the sector accused the government of deliberately seeking to “cripple” it.The Island Luck chief confirmed to Tribune Business that he, and other op

DeMarco and Bahamas earn 63-57 win over Red Raiders

Chris DeMarco got the first victory under his belt with the men’s national basketball team by pulling off a 63-57 decision over the Texas Tech Red Raiders at the Kendal Isaacs Gymnasium last night.

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.

Fighting through

COACH Mike Brey looked positively at the way his Notre Dame Fighting Irish responded to the challenges they faced in pulling off their three exhibition games against local-based teams in the Bahamas Basketball Federation’s 2018 Summer of Thunder over

GBPA welcomes govt help for small business

THE Grand Bahama Port Authority’s small business recovery grant programme will receive matching grant funding of $100,000 from the government’s Small Business Development Centre to assist small businesses. GBPA President Ian Rolle “welcomed” the par

Briland: Cruise tourism ‘disaster waiting to happen’

More than 99.4 percent of existing and potential Harbour Island visitors have made it “crystal clear cruise tourism is a disaster waiting to happen” for the destination, a hotelier warned yesterday.

Going for the gold

The Bahamas CARIFTA team is ready to win gold on home soil at this year’s 50th CARIFTA Games. Last week the team rolled out a full 80-member team for the first time in Bahamian history as athletes look to shine at The Bahamas’ record ninth hosting of CARIFTA.

Customs inefficiency costing Gov't $66m

The Government is losing $66 million in revenues annually due to inefficiencies at Bahamas Customs alone, the situation also placing tourism industry profitability and foreign direct investment (FDI) inflows “at risk”.

THEY RAN BREANNA DOWN LIKE ANIMALS: Sister tells court how gang stabbed teen over $80 cellphone

THE older sister of teenage mother Breanna Mackey tearfully recounted yesterday how five girls who were supposed to be her sister’s friends ran her down “like a dog” in the street and brutally mobbed her over an $80 smartphone last year.

$80m energy project eyes 25% cost slash

An $80 million renewable energy project believes it could slash electricity costs for consumers on 15 Family Islands by at least 25 per cent, having met or exceeded the Government's own pricing targets.

Architects: ‘Free us from building control bondage’

Architects yesterday urged the government to “free us from the bondage of building control”, warning it was “missing out on” up to 80-90 percent of VAT due on professional fees.

City Markets staff fight' must not happen again'

The City Markets debacle “must never, ever happen in this country again”, a representative for 350-400 of its former employees yesterday saying they would not accept “less than 80 per cent” of the severance pay due to them.

Web shop pay cut threat over anti-VAT demo

Island Luck employees were seemingly threatened with the loss of a day’s pay if they did not attend yesterday’s anti-VAT and gaming tax protest in Rawson Square.

Bahamas' corporate tax world's most 'corrosive'

The Bahamas yesterday received no credit for laws said to have raised compliance costs by 75-80 percent after its corporate tax policies were rated as the world’s most “corrosive”.

Cable adviser scoldsmanagers on US$ miss

Cable Bahamas’s financial adviser yesterday expressed “disappointment” that institutional asset managers had failed to deliver on indications they would place between $10-$18 million US dollars into the company’s private placement, having invested a paltry $100,000 to-date.

FINCO: Three-year offload sparks $9.1m provision hit

Despite recovering "in excess of" 80 per cent of the outstanding principal 0n distressed property sales, FINCO's managing director yesterday said the mortgage

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