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Water Corp’s $159m subsidy driven from 2/3 ‘cost recovery’
The Water & Sewerage Corporation’s revenues cover just two-thirds of its operating expenses because its prices have not been increased for 18 years, costing Bahamian taxpayers $159 million over a five-year period.
‘Uncle Lou’ Adderley set to be inducted October 14
THE late Deacon Leviticus ‘Uncle Lou’ Adderley will be among 10 individuals and one team to be inducted into Saint John’s University’s J-Club Hall of Honour on Saturday, October 14, as part of Homecoming festivities.
Pintard: Convenient for AG that crime isn’t a political issue now
FREE National Movement Chairman Michael Pintard said it is “convenient” that Attorney General Allyson Maynard Gibson would now admit that crime is not a political issue, now that the country has recorded the “highest number of murders” in history under her watch.
Martin: Sandals move ‘a slap in the face’
Bahamas Hotel Catering and Allied Workers Union (BHCAWU) Nicole Martin has urged the government to make legislative changes to protect workers and their tenure of employment describing the recent move by Sandals to abruptly make some 600 workers at Royal Bahamian resort redundant “disgraceful” and a “slap in the face” to workers across the country.
Davis: GBPA ‘needs a management and governance change’
PRIME Minister Philip “Brave” Davis said he believes new management is needed at the Grand Bahama Port Authority to facilitate Freeport’s growth because the “status quo” is not working.
$20m maritime academy set for January '14 start
THE first phase of a $20 million maritime institute, which will be established at Silver Cay, is expected to be open no later than January 2014, said the head of the company spearheading the initiative.
Sands: Mortgage Corp will need $40-$50 million injection
THE Bahamas Mortgage Corporation (BMC) will need an injection of $40-$50 million ‘in the near future’ to maintain its financial viability according to former Mortgage Corporation Chairman Dr Duane Sands.
Miller: Ex-Robin Hood store 'must open' before Christmas
MARIO’S Bowling and Entertainment Palace chief, Leslie Miller, said that despite earlier setbacks he expects to have the former Robin Hood store open by Christmas, telling Tribune Business: “We have to catch Christmas season.”
Port IPO over $10m target
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net THE Arawak Port Development (APD) initial public offering (IPO) has raised 'north' of the $10 million subscription target, Tribune Business was told yesterday, with interest reachin
Customs gamechanger in switch to Click2Clear
CUSTOMS officials said yesterday they had reached a “major milestone” having integrated New Providence seaport to the Click2Clear Portal which will become its primary processing system on September 1.Superintendent Tyrone Sands, underscoring the impo
Davis and Panthers get win over Miller Jr and Eagles
RADSHAD Davis had the better individual performance and his FIU Panthers got back into the win column with a dominant performance against Franco Miller Jr and the Florida Gulf Coast University Eagles.
Farmer: Import ban is 'make or break'
A BAHAMIAN farmer yesterday backed the Government’s temporary restriction on imports of sweet and bell peppers and tomatoes, saying: “That’s a make or break situation right now.”Christopher Pinder, one of the owners of Abaco-based 5 Star Farms, a maj
Seeking young artists from 50 years ago
THE Mexican government is inviting the four Bahamians who participated in the 1968 Global Children’s Painting Festival to be part of the 50th anniversary commemoration of the event.Artwork from four Queen’s College students was selected to represent
Texas senior Lashann Higgs in leadership role for Longhorns
LASHANN Higgs heads into her senior season in a leadership role for the Texas Longhorns as the programme will be featured in five nationally televised games on the ESPN network.
$5,000 fine for man guilty of marijuana possession
A MAN was fined $5,000 yesterday after he pleaded guilty to possession of dangerous drugs with intent to supply.
Group business would 'allow higher hotel room yield'
THE Nassau Paradise Island Promotion Board (NPIPB) is hoping to make the group business segment 20 per cent of its total business, a board executive telling Tribune Business that this would ultimately allow hotels to achieve a higher room yield.
Jury hears of high-speed chase by police officers
A JURY briefly heard yesterday how an attempt by policemen on mobile patrol to pull over a vehicle driving in the wrong direction on a one way street led to a high-speed chase and a female pedestrian being dragged by the get-away car.
City Markets staff allege 'conspiracy'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun
City Markets staff allege 'conspiracy'
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Ten Grand Bahama-based City Markets employees are alleging that the company and its principals deliberately altered their employment terms to "coerce and compel" them to leave volun
Doctor raises concerns over landfill fires
A LOCAL doctor has expressed concern over recurrent fires at the New Providence landfill and the health problems subsequent smoke can have on area residents.
