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80% of motorists exposed torogue, uninsured drivers

A SENIOR insurance executive yesterday said it would not take “a heavy lift” to crack down on uninsured drivers who threaten to inflict a substantial loss on 80 per cent of Bahamian motorists.Patrick Ward, Bahamas First’s president and chief executiv

Karl McCartney and Stampeders lead the west in the CFL

NOW in his sixth season with a Canadian Football League powerhouse, Bahamian veteran Karl McCartney is continuing his role as a special teams ace and reserve linebacker.

Radio station fears over URCA spectrum opening

RADIO stations have warned of “a huge problem” if regulators use the opening of currently-closed spectrum bands to issue more FM broadcasting licences. Galen Saunders, More 94 FM’s principal, told Tribune Business that the FM broadcasting market was already over-saturated as a result of the Utilities Regulation and Competition Authority (URCA) issuing too many broadcasting licenses since 2009.

Jonquel Jones leads her team at FIBA World Cup

Just days after her WNBA season came to an end, Jonquel Jones returns to international play with Bosnia and Herzegovina at the FIBA Women’s Basketball World Cup.

Foulkes: Web shop job cuts unfortunate

A DAY after web shop Asure Win said it will close 11 locations and layoff about 50 workers, Labour Minister Dion Foulkes described impending staff cuts from the sector as “unfortunate”, but said there are several factors contributing to the closure of gaming houses aside from a tax increase.

High jumpers qualify for CARIFTA Games

In a repeat showdown from last year, Kenya Forbes turned the tables on Shaunece Miller as the two high jumpers took the top two spots and also surpassed the under-17 girls’ qualifying height for the CARIFTA Games.

Man accused of robbing at gunpoint to snatch $6,000

A 20-year-old man was charged yesterday with robbing four persons, including an officer, at gunpoint of more than $6,000 worth of cash and merchandise over a two-day period, then attempting to kill someone else just five days later.

Mandatory guides push threatens 80% of fly fishing impact

The Bahamas could lose almost 80 per cent of the fly fishing industry’s $141 million annual economic impact if it alienates the ‘do-it-yourself’ anglers, a leading tourism executive has warned.

MP: All natural resource earnings in sovereign fund

The Opposition’s finance spokesman yesterday backed the Government’s plan to create a sovereign wealth fund in principle, arguing that it should receive all royalty payments related to exploitation of this nation’s natural resources.

Congresswoman hopes arrest will see Bankman-Fried held accountable

UNITED States Congresswoman Maxine Waters expressed hope that former FTX CEO Sam Bankman- Fried’s arrest and arraignment will signal him being held accountable for the alleged “fraud” he committed leading to the giant crypto exchange firm’s disgraceful fall, affecting as many as one million people.

NPBA: UB Mingoes, Breezes High Flyers in the win column

THE University of the Bahamas Mingoes and Breezes High Flyers scored wins in New Providence Basketball Association play on Monday night.

'I've never seen it like this before'

By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net Bahamas-based used car dealers have seen a significant drop off in business year-over-year, with one telling Tribune Business: "I've never see

NHI $1,000 cost 'not pulled from out of thin air'

THE National Health Insurance Authority’s (NHIA) chairman yesterday defended the $1,000 premium costing for its basic package, arguing it had not been “pulled out of thin air”.

James, Heat win home finale over Houston

By TIM REYNOLDS AP Sports Writer MIAMI (AP) -- As LeBron James was walking to Miami's home bench for the final time this regular season, he raised his left arm to acknowledge the roars of another sold-out crowd. And when the obligatory "M-V-P" chants star

80% tourist share a Quality 'bonus'

Super Value’s president yesterday said his first Quality Supermarket had received “a little bonus” through tourists generating 80 per cent of sales, telling Tribune Business he expected the Cable Beach site to be “profitable from day one”.

80% DIY anglers is ‘absolute nonsense’

The Fly Fishing Industry Association’s (BFFIA) president said yesterday it was “absolute nonsense” to suggest that so-called ‘do-it-yourself’ anglers (DIY) anglers represent 80 per cent of the industry, questioning the credibility of a 2010 survey that pegged the sector’s economic impact at $141 million.

Almost 1m referrals to Nassau/PI hotels

A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.

DIANE PHILLIPS: The lighter moments of a rainy night

I DREAMT that I learned how to play chess last night. As I said, I dreamt. My chances of thinking about what move to make six moves from now and getting it right are about the same as my chances of winning the lottery, or maybe even less likely since there have been cases of people winning the lottery.

Nassau Gas chief pledges to fully refund all investors

A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."

VIDEO: Kenred Dorsett granted $50,000 bail

FORMER Environment and Housing Minister Kenred Dorsett was granted $50,000 bail with two sureties in the Supreme Court on Friday.

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