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CIBC in $12.2m downsizing hit

CIBC FirstCaribbean International Bank (Bahamas) has taken a $12.2 million one-time hit over the restructuring plan that will ultimately make 66 staff redundant, with some $5.953 million allocated to severance pay alone.

Bastian and Cardinals top overall seed in NJCAA regionals

LATHANIEL Bastian and his Trinity Valley Community College Cardinals concluded the regular season with the longest winning streak in the NJCAA and head into the regional tournament as the top overall seed.

Total number of crimes down on last year

THE number of reported crimes so far this year has fallen in comparison to the same period last year. Police statistics show rape, murder, burglary and

Returning Bahamians and residents no longer required to quarantine

BAHAMIANS and residents returning to the country will no longer be mandated to quarantine or self-isolate upon arrival, but will instead be monitored by the health surveillance team “if necessary”, Prime Minister Dr Hubert Minnis announced on Thursday.

Bodycams boost to better policing

THE Ministry of National Security is still unaware of how much it will cost to outfit Royal Bahamas Police Force officers with body cams, National Security Minister Marvin Dames said yesterday.

Lloyd and D’Aguilar back Minnis for FNM leadership

DESPITE turmoil in the Free National Movement, two of the party’s newest candidates told The Tribune yesterday they have no regrets about joining the party, one of them insisting that the FNM has an “excellent” chance at toppling the Progressive Liberal Party led government in the 2017 general election.

Tourism ‘90% unaffected’ by COVID-19 tightening

Tourism industry executives yesterday voiced optimism that the industry’s recovery will not be impacted by the government’s tightening of COVID restrictions, with one asserting it will be “90 percent unaffected”.

Stingers top Regulators, 99-87

The PJ Stingers now find themselves in the driver’s seat and could win their first New Providence Basketball Association men’s championship title at the AF Adderley Gymnasium tonight.

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.

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.

‘Tum Tum’ and Ayton atop NCAA rankings

A WEEK of upsets is expected to produce a shakeup atop the NCAA Division I college basketball polls and several Bahamian players should figure prominently in the new rankings.

Buddy grabs career high 11 rebounds for first double

BUDDY Hield has been on a torrid stretch during the final week of October and his latest performance produced one of the best all-around games of his career and a fourth win for his Sacramento Kings.Hield finished with a season high 25 points and a c

Govt mulling over adding property tax on light bills

The government is forecasting a three percent inflation increase this year as a result of the VAT rate hike, and examining whether to collect real property tax by adding it to light bills.KP Turnquest, the deputy prime minister, in an address to the

Vendors exceed expectations at Royal Caribbean workshop

Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.

Woman who hurt ankle awarded $70,000

THE Supreme Court has awarded more than $70,000 in damages to an elderly woman who suffered ankle injuries after falling down a utility conduit at Arawak Cay nearly nine years ago.

More web shops a ‘thing of the past’

A Bahamian web shop operator yesterday said the industry should reduce its need for physical gaming house locations by conducting its business electronically, adding that 80 per cent of its business came from online.

Defence Force apprehends 128 Haitian migrants

A TOTAL of 128 undocumented Haitian migrants were transported to the capital after being apprehended by members of the Royal Bahamas Defence Force on Saturday afternoon.

Alex Cooper works out for NFL on Cougars’ pro day

BAHAMIAN offensive lineman Alex Cooper prepares for the next step on his football journey following his career with the Houston Cougars.

Baha Mar’s week of infamy

This week will remain in infamy for many years if history is remembered in the crucial manner that it should.

Ease of doing business?

The Prime Minister and the Minister of State for Investments have given candid assessments of the (lack of) ease of doing business in the Bahamas and the lack of a (functioning) National Development Plan. They have committed to turn these situations around. These intentions are good.

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