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Severance pay for City Markets 'moot'

A RECENT Supreme Court decision involving a group of former City Markets employees in Freeport has made the issue of severance pay for former Nassau staff a "moot point," according to an attorney involved in the matter.

Mask producers mixed over import prohibition

Local face mask producers yesterday had a mixed reaction to the prime minister’s decision to ban the importation of non-medical rivals in a bid to stimulate domestic manufacturing. Oscar Cerna, a local tailor, told Tribune Business that the move wou

Ed Smith thrilled to be honorary ambassador

BIRTHDAY boy Ed Smith said he’s thrilled to have been selected as the honorary ambassador for the 2018 Makers Wanted Bahamas Bowl.

NPBA: UB Mingoes defeat Stingers 92-86

THE University of the Bahamas Mingoes lost to the PJ Stingers early in the season and they weren’t going to let that happen again.

Jones and WNBA All-Stars beat US Olympic team 93-85

A BUSY WNBA All-Star night for Jonquel Jones featured an MVP calibre performance in an historic win for Team WNBA and a second place finish in the MTN DEW 3-Point Contest.

Johnson cans career-high 44 in Adidas Holiday Slam

STEPHON Johnson is in the process of a defining season at Champagnat Catholic School and continues to be a leading force for the Lions as a senior. Johnson scored a career-high 44 points in his team’s finale of the Adidas Holiday Slam in Miami, Flor

BPL chief refutes generation deal ‘madness’ claim

Bahamas Power & Light (BPL) yesterday defended its hiring of an extra ten megawatts (MW) of expensive diesel-burning generators from fierce union criticism that it “makes no sense”.

Gov’t raises $72m from ‘not normal’ BGS bond

The Government’s financial advisers yesterday estimated it will take three years for Bahamian investors to start treating its new BGS security as a “normal investment vehicle”, after the first issue for the 2015-2016 fiscal year came in 28 per cent below target.

Labour ‘limits employer tricks’

A top official yesterday said the Department of Labour had “significantly limited the tricks” used by employers to deny Bahamians jobs in preference to foreigners, slamming some tourism and financial services work permit applications as “ridiculous”.

BOB non-compliant with 80% of regulatory ratios

Bank of the Bahamas shareholders are being asked to “throw good money after bad”, with the BISX-listed institution now non-compliant with four out of five key Central Bank capital ratios.

Fair share: Hotel rental unit tax not in effect yet

A key Budget measure designed to ensure hotel rental pool units pay their fair share of taxation has yet to be implemented amid the wait for legislation to give it lawful effect.

Bahamas 'underestimated' cruise visitors spending

The Bahamas may have “underestimated” cruise passenger spend in Nassau and Freeport, a Cabinet Minister admitted yesterday, following reports of a 59 percent increase since 2015.

Oil exploration fears for 'eco centric mecca'

An Andros bonefishing lodge's co-owner has voice alarm that that "the eco-centric mecca" of The Bahamas could be irreparably harmed if oil exploration plans go awry.

Bahamas ‘Jamaica bound’ on present fiscal course

The Bahamas will be “Jamaica bound” unless it immediately implements measures to tackle its growing debt and deficits, a well-known fiscal hawk warned yesterday.

Cable confirms capital raising profits ‘drag’

Cable Bahamas has acknowledged that costs associated with recent debt capital raisings “have dragged on profitability and cash flow”, helping push it into a $14.371 million net loss for 2015.

‘Only time’ will vindicate Gov’ts Baha Mar plan

The Opposition’s deputy leader yesterday argued it was too early to determine if the Government’s Baha Mar ‘winding-up’ strategy had been “vindicated”, adding that “only time will tell”.

SPORTS NOTES

JACOBI Bain, the only Bahamian playing in the 2015 Eddie Herr International Championships in Florida, suffered a 6-3, 6-3 loss to Xaiofei Wang of China in the boys 12 semi-final.

Is national stadium the biggest mistake yet?

EDITOR, The Tribune. May I respond to the letter signed under the name Ed Fields, "We The People". Mr Fields should recognise, I hope, that this National Stadium could easily become the biggest white elephant, hole in the ocean any Bahamas Government ha

Salem Union Baptist are volleyball champions

SALEM Union Baptist carted off the top prize in the Baptist Sports Council’s 2013 Co-Ed Volleyball Classic at the DW Davis Gymnasium on Saturday.

Domnick Bridgewater and ‘Kino’ Burrows post big game

BEFORE they head off for their national team duties for the Pre-Olympic Qualifying Tournament, guard Domnick Bridgewater and centre Jaraun ‘Kino’ Burrows left their mark on the Bahamas Basketball Federqtion’s Summer of Thunder Tournament.

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