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Super Value chief blasts 80% share claim as 'garbage'

By NEIL HARTNELL Tribune Business Editor Super Value owner Rupert Roberts yesterday blasted claims that his impending acquisition of City Markets' remaining store locations would give him an 80 per cent market share as "garbage" and "total rubbish", tell

BUSINESS BITES: Say 'Yes' to Bahamas oil drilling

No sooner had Simon Potter, CEO of Nassau-based Bahamas Petroleum Company (BPC), announced an international oil company had signed a 90-day renewable option to become a farm-out partner with BPC, than our environmental activists predictably denounced the deal — indeed, the very concept of drilling for oil in Bahamian waters.

Top junior golfers on par with the Caribbean Amateur Championships

Team Bahamas is set to face off against the best junior golfers from around the Caribbean at the region’s most prestigious event.An 11-member team will represent the Bahamas at the 2017 Caribbean Amateur Junior Golf Championships, which is slated to

Deandre Ayton and 'buddy' Hield head-to-head

WHEN the NBA preseason tips off, a matchup of Bahamian players will highlight the schedule right away to announce the 2018-19 season.Deandre Ayton and Buddy Hield will have their first head-to-head game in the NBA when Ayton’s Phoenix Suns host Hield

The undefeated

DICK Anderson remembered it as clear as day. When you go through a perfect season, how could one forget.

Financial group chair to gain trailblazer award

A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.

50,000 travel visas show scale of tourism drop

ABOUT 50,000 people bought travel health visas to enter The Bahamas in December, suggesting arrivals declined by more than 90 percent compared with December 2019 despite relaxed entry requirements.

BEC: Over 60% of clients were 'non-performing'

MORE than 60 per cent of the Bahamas Electricity Corporation's (BEC) 102,444 customers were over 90 days past due in paying their bills at the recession's peak, it has been revealed, with the monopoly power provider seeing a major decrease in its current solvency deficiency to $17.75 million at the end of its 2010 financial year.

Don't wait 90 days to hire, then fire

Most people would agree that hiring is one of the more challenging parts of running a business. Hiring a sales team member is even more challenging because you are interviewing people who are supposedly good at selling.

Suspect accused of stealing $80 of women’s underwear given $1,000 bail

A MAN was granted $1,000 bail yesterday for allegedly stealing $80 worth of ladies underwear from a store on Robinson Road.

Bridgewater leading scorer with 22.4 points per game

DOMNICK Bridgewater continues his dominant play in his second stint in France’s NM2 League.

Sports in brief

THE New Providence Volleyball Association continued its regular season at the DW Davis Gym on Wednesday night.

Hugh Campbell Classic ‘off to sizzling start’

THE prestigious Hugh Campbell Basketball Classic got off to a sizzling start as some of the top senior boys’ teams made their early statements over the weekend at the Kendal Isaacs Gymnasium.

‘Worryingly low’ graduation’s blow to high-value economy

The Bahamas’ ability to develop high-value industries and diversify its economy are impaired by “worryingly low” graduation rates at its sole university with just 7 percent of students studying science and technology-related courses.

Freeport’s restaurants 50% below break even

A typical restaurant in Freeport’s Port Lucaya Marketplace “regularly fails” to earn 50 per cent of what is required to ‘break even’ on a daily basis, the Government has been warned.

Gov’t agrees ‘few hundred thousand’ in VAT credits

The Government has approved “several hundred thousand dollars” of Value-Added Tax (VAT) credit refunds, a top official yesterday promising that businesses would not endure “a protracted wait” to receive them.

Laying out the road map for economic resilience

In the latest of his series, Hubert Edwards says growth must be The Bahamas' focus amid the COVID-19 quagmire If the problems faced by The Bahamas are to be solved in a sustainable way, it is critical there should be a proper problem definition.

Post Office relocation to complete next week

The General Post Office will open at its new Town Centre Mall location next week, Tribune Business was told yesterday, as staff complete the move from East Hill Street.

Baha Mar teases Melia plan as volumes up 20%

Baha Mar’s president yesterday hailed an “extraordinary first quarter” and “record March”, with 2023 business volumes up 20 percent year-over-year, as he revealed plans to redevelop the still-closed Melia resort will be unveiled imminently.

CARIFTA hopefuls shine at T-Bird Flyers track invite

CARIFTA hopefuls Denvaughn Whymns and Anthaya Charlton were triple winners, while Raymond Oriahi and Doneisha Anderson were among the double winners circle that also included senior competitors Stephen Newbold, V’Alonee Robinson and Drexel Maycock at

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