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$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.

'Exorbitant' Business Licences make one-time payments impossible

Super Value’s owner yesterday said it was impossible for the food retail industry to pay the new “exorbitantly high” Business Licence fees one-time, as he dismissed claims he was ‘bullying’ the Government over its Value-Added Tax (VAT) proposals.

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.

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Chisholm hits his first home run in the majors

Jasrado “Jazz” Chisholm was searching for a breakthrough at the plate and it finally came in the first at bat of last night’s series finale against the Atlanta Braves.

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Central Bank to ban 'anonymous' crypto assets

The Central Bank is proposing to ban its licensees from dealing with “anonymous” crypto currency assets, with 84 percent of local institutions saying they have no desire to enter this space.The regulator, unveiling a “discussion paper” on proposals f

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MENTAL HEALTH OF THE NATION: Alcoholism - a disease that can destroy lives

ALCOHOL has been with us for a long time, with such beverages apparently very popular in Greece about 2,000 BC. It is a drug that has become part of our culture so we need to learn to live with it rather than hope it will vanish; past attempts like

Timeshare resort seeking a buyer

A Freeport timeshare resort that has lost 80 per cent of its business due to loss of amenities and access associated with the Royal Oasis saga is seeking a buyer, while committing to staying open through 2016.

Cable targets largest ‘new money’ raise

The $60 million Bahamian dollar component of Cable Bahamas’ latest preference share issue will be the largest ‘new money’ placement by a private company if fully subscribed, its financial advisor saying there had been “a very positive response” by investors.

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UPDATED: Swimmer's record challenge

ARMED with only goggles, a swim cap and swim suit, Chloe McCardel yesterday morning set out on her world record-breaking attempt to swim the 80 miles from the southern tip of Eleuthera to New Providence.

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BTC targets Internet lead with 90% fibre coverage

The Bahamas Telecommunications Company (BTC) is aiming to cover 90 percent of New Providence with its new fibre network within the next nine months as it placed broadband Internet at the core of yesterday's corporate rebranding.

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Baha Mar hotel's rates are 'not good enough'

The Nassau Wyndham Resort’s “mid-$90s” room rates are “not good enough” and between 23-30 per cent below where they need to be, a Baha Mar executive yesterday conceding that the guest experience was being impacted by construction work on the $2.6 billion Cable Beach expansion.

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PM urged to ‘exercise Christian charity’

FORMER Minister of Labour Dion Foulkes yesterday appealed to Prime Minister Perry Christie to ‘exercise Christian charity’ and reinstate the 80 Urban Renewal workers whose contracts were not renewed.

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

Let's talk about Arawak, why not Clifton?

Let's talk about Arawak, why not Clifton? "LET'S TALK about the new container port at Arawak Cay," was Opposition leader Perry Christie's invitation to his supporters at Clifford Park Friday night. In this column today, we shall take Mr Christie up on hi

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

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Ole Miss Rebels set for trip to Bahamas

After coming off a 10-point loss in their last game, coach Yolett McPhee-McCuin hopes to get her Ole Miss Lady Rebels back on track tonight before they make their return trek to The Bahamas for another Thanksgiving tournament.

Gov’t yet to decide over Abaco ports

A CABINET minister yesterday said the Government has yet to make a final decision on the two proposals it received to operate and manage North Abaco’s port.

Bahamas First: Top rating more vital ‘than ever’

Bahamas First said yesterday’s affirmation of its “excellent” financial strength by the top insurance rating agency was likely the most important ranking in its recent history, due to its $80 million Hurricane Matthew payout.

THE ART OF GRAPHIX: Advertising your message correctly

What is it that makes a good advertisement? Is it the pictures and video? Is it what is written or said? Is it the creative elements that cause you to feel something after you have been exposed to it?

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‘FOOD AID VITAL FOR SIX MORE MONTHS’: Network boss warns thousands still need help as cut-off nears

BAHAMAS Feeding Network Executive Director Phillip Smith said he hopes the government will invest another $26m in the National Food Distribution Task Force’s programme so that the initiative could be extended to the end of September.