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‘We see NAIA membership in our short term future’
WHILE the College of the Bahamas will be transformed into the University of the Bahamas next week, everybody is waiting for the unveiling of its new Athletic Department.
RENEWABLE ENERGY 'AMAZING CHANCE' FOR DIVERSIFICATION
By NEIL HARTNELL Tribune Business Editor The Bahamas has an "incredible opportunity" to diversify its economy by becoming a renewable energy exporter, a leading Caribbean expert yesterday saying it could emulate Israel's 92 per cent penetration rate if i
Communications sector rebounds through 3.7% growth in turnover
The Bahamian communications industry saw its total turnover increase 3.7 per cent year-over-year to hit $444 million in 2011, regulators have estimated, despite cellular phone subscribers falling by 90,000 since 2009.
HSBC departure 'not jurisdiction driven'
HSBC's departure from this nation is 'not jurisdiction driven at all', although 12 Bahamian jobs will be lost through the global banking giant's decision to exit a 'non-core' business by 2014.
Government must be held accountable for public spending
SINCE THIS government has come on the scene, it has stumbled from one sink hole into another. Nothing seems to be going right, because there is no planning, no co-ordination, and, as we have said before, each cabinet minister seems to have his own agenda and his own game plan.
Leading QC calls for 20% Gov't spend cut
The Government has been urged to cut spending by 20 per cent over the next five-10 years, with a top QC warning Bahamians they must abandon “cradle to grave entitlements”.
Bahamas 'rises from captives extinction'
The Bahamas has “risen from extinction” in captive insurance, a leading industry player said yesterday, with this nation’s growth rate over the past three years “exceeding any other jurisdiction”.
RESULTS: Bunny Levarity National Basketball Tournament
HERE is a look at the games played in the Bahamas Basketball Federation’s Bunny Levarity National Basketball Tournament at the AF Adderley Gymnasium over the weekend:
Builder defends $20m contract
GOVERNMENT-hired builder Rev Lloyd Smith has defended his construction firm Holiday Industrial Builders International (HIBI) insisting that during the arbitration process, which followed a “politically motivated” contract termination, he pocketed nearly $10 million as there was no evidence that his work did not meet coding standards.
BEC Chairman joins SOS relief flight to hurricane-hit islands
LESLIE Miller, the chairman of BEC, got a first hand look at the destruction on some of the worst affected southern Family Islands which suffered a devastating direct hit from Hurricane Joaquin last weekend after he joined a relief flight on Saturday organised by the Tribune Media Group SOS - Save Our South initiative.
‘We must reform campaign finance’
FORMER State Minister for Legal Affairs Damian Gomez said allegations about the relationship between Canadian fashion mogul Peter Nygard and the Progressive Liberal Party are “not a good thing for the country,” adding that he hopes it spurs legislative reforms like the passing of campaign finance laws.
2,000 jobs go at Baha Mar
MORE than 2,000 Baha Mar employees have been made redundant effective today, according to a statement from the resort’s joint provisional liquidators.
Sarkis’s letter shows breakthrough on Baha Mar ‘not imminent’
Sarkis Izmirlian’s letter to his former 2,026 Baha Mar staff shows there is no “imminent” breakthrough likely in the impasse over the $3.5 billion project, a senior private sector executive believes.
Sports Notes
THE New Providence Volleyball Association continued its regular season at the DW Davis Gymnasium on Wednesday night.
QC slams selection of Bimini as ‘model PPP’
An outspoken QC has slammed the selection of Bimini as a model tourism public-private partnership (PPP), arguing that the Resorts World project was “completely divorced from a harmonious relationship” with local Bahamians.
Baha Mar appoints ‘restructuring’ chief
Baha Mar yesterday pushed forward with its Chapter 11 plans by seeking US court permission to appoint a ‘chief restructuring officer; while Bahamian attorneys spent a second day attempting to thrash out the powers its joint provisional liquidators will possess.
Baha Mar ‘not too far gone’ for arbitration
The $3.5 billion Baha Mar dispute is “not so far gone” that professional arbitration will be unable to resolve it, the Bahamas Chamber of Commerce and Employers Confederation’s (BCCEC) chief executive yesterday arguing that such intervention was becoming more urgent by the day.
Court must back dismissal of top Baha Mar staff
Baha Mar’s senior management cannot be dismissed by the $3.5 billion project’s joint provisional liquidators without the Supreme Court’s permission, although regular employees can be released “in the ordinary course of business”.
National Insurance benefits
EDITOR, The Tribune.
38 set to be honoured as National Sports Legends
THE nation’s newest NBA star Buddy Hield, former Deputy Prime Minister Dr Cynthia “Mother” Pratt, Women’s NBA standout Jonquel Jones, and veterans like Leonard Boston Blackie Miller, Peter Gilcud, swim coach Andy Knowles and sports administrators like Sir Arlington Butler as well as the late Vince Ferguson are joined by the country’s only test cricketer Ivan Johnson in the 38 Sports Legends list as part of the country’s 43rd Independence Anniversary celebrations.
