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IDB: $13M 'RETROACTIVE' TO STOP ROADWORKS SHUTDOWN

By NEIL HARTNELL Tribune Business Editor An alarmed Inter-American Development Bank (IDB) is providing $13 million in retroactive financing to prevent a "cash flow shortfall" from bringing the New Providence Road Improvement Project to a temporary halt,

D’Aguilar: Govt 'living in a dream world' over Bahamian contractor payout

THe Government is “living in a dream world” if it believes that Bahamian contractors will be paid the $74m owed collectively for work carried out on the $3.5 billion Baha Mar development, a former Baha Mar director said yesterday, asserting that “no buyer” except the original developer is interested in seeing them paid.

Cable targeting 42% mobile market share

Cable Bahamas believes mobile penetration could increase by up to 33 percentage points when it finally breaks the Bahamas Telecommunications Company’s (BTC) long-standing monopoly, as it slammed the “inherent dissatisfaction” with the latter’s services.

Miller brands $600m waste plant's output 'fiction'

The Bahamas Electricity Corporation’s (BEC) executive chairman has branded as “fiction” and “far-fetched” the assertion by Stellar Energy that its waste-to-energy plant could produce 75-80 Mega Watts of power daily, telling Tribune Business: “The capacity just isn’t there”.

BTC staff on ‘pins and needles’ over job cuts

BAHAMAS Communications and Public Officers Union (BCPOU) president Bernard Evans said yesterday that employees at the Bahamas Telecommunications Company (BTC) were on “pins and needles” over imminent redundancies, with a meeting expected with management early next week.

Bahamas promoted at regional conference

The Bahamas’ commercial ties to Latin America were underlined on September 4 at the Society of Trust and Estate Practitioners (STEP) Latin American conference in Mexico City.

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Lavaughn, Cody help Hurricanes to league leading 9-1 record

HOLLAND College has become well known to the Bahamas for the recruitment of local players into its football and basketball programmes, and now Bahamians are at the focal point of the latest venture for the Hurricane’s athletic department - baseball.

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Atlantis ‘racing’ turtle raises awareness of sea threats

A LEATHERBACK turtle sponsored by Atlantis, Paradise Island, as part of its marine conservation efforts is aiming to be the fourth winner in five years for the resort in a marathon ‘race’ from its nesting beaches to its foraging grounds.

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Man convicted of armed robbery has to convince court appeal should be heard

A MAN convicted of accosting an elderly man at gunpoint was told by the Court of Appeal yesterday that he would have to convince the court that his appeal should be heard notwithstanding that it was filed late.

National baseball stadium field ‘will be world class’

AS baseball at all levels continues to take centre stage in the country, the timeline for completion of the much maligned Andre Rodgers National Baseball Stadium faces another possible delay.

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Minister calls for 'vigilance' on rogue prescription drugs

THE Bahamas must be vigilant in combating rogue operators and counterfeit pharmaceutical suppliers, the Minister of Health said yesterday, describing the issue as a relatively new and emerging problem for the Bahamas.

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Telephone cables stolen during Hurricane Sandy

FREEPORT – Although the Bahamas Telecommunication Company fared well during Hurricane Sandy with minimal damage to its equipment, a large quantity of telephone cables were stolen by thieves during the storm.

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Hundreds queue in search of jobs

HUNDREDS of residents in Grand Bahama gathered at St George’s Gymnasium on Saturday for ‘Labour on the Blocks 2.0’ in hopes of getting off the unemployment line.

Slow down and live

EDITOR, The Tribune. The commissioner of police recently presented his yearly report to the press. The report stated that there have been 276 traffic fatalities in the Bahamas over the last six years. This is an average of 46 fatalities per year. This is

Slow down and live

EDITOR, The Tribune. The commissioner of police recently presented his yearly report to the press. The report stated that there have been 276 traffic fatalities in the Bahamas over the last six years. This is an average of 46 fatalities per year. This is

Thou shalt love thy Chinese neighbour as thyself

I would like to commend the Chinese Community Association of The Bahamas for the generous food donations to the Red Cross, which will undoubtedly go a long way toward feeding many hungry Bahamian families in Nassau.

Chamber chief calls for end to prison ‘blackhole’

The Chamber of Commerce’s chief executive yesterday called for all Fox Hill Prison inmates to be placed in a mandatory work programme that would finance their incarceration, so that the funds to finance their jailing do not fall into a “blackhole”.

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Ten months in jail for scuffle with police officer

A 30-year-old man has been sentenced to ten months and seven days at the Bahamas Department of Correctional Services for causing harm to a police officer during a widely publicised scuffle near Christ Church Cathedral in which he sought to evade arre

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PM praise for ferry, casino developments

THE commissioning of a new speed ferry to Bimini and the opening of the Resorts World Bimini Casino was praised by Prime Minister Perry Christie yesterday for showing the confidence of the developers in both the Government and the people of the Bahamas.

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Can Big Red Machine win 27th straight BAISS title?

WILL the St Augustine’s College Big Red Machine succeed in winning their 27th straight Bahamas Association of Independent Secondary Schools Track and Field Championships or will this be the year that the Queen’s College Comets or any of the other 10 schools finally snap their dominance?