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BPL: Near 90 renewable applications approved
JUST under 90 small scale renewable generation (SSRG) applications have been approved to-date, Bahamas Power and Light’s (BPL) chief executive said yesterday.Whitney Heastie added that the utility’s options outside New Providence were “wide open”, wh
GB Power ‘clawing way back’ in 25% profit rise
Grand Bahama Power Company was yesterday said to be “clawing our way” back to targeted net income after producing a 25 percent profits increase to $10m for the 2022 full-year.
Jones and Sun clinch second straight WNBA playoff berth
JONQUEL Jones and the Connecticut Sun continue to click at the right time and clinched their second consecutive WNBA playoff berth.The Sun defeated the Dallas Wings 101-92 at the College Park Center in Arlington, Texas, on Wednesday night.It was the
Gov’t: Inflation did not drive VAT revenue rise
Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.
Arbitration unnecesary over Baha Mar dispute
A well-known QC says there is no need for a formal arbitration process to resolve the $3.5 billion Baha Mar dispute, arguing that the court-appointed joint provisional liquidators (JPLs) were fully capable of mediating and “sponsoring a resolution”.
Munroe slams E&Y’s presence in court
The Government dropped Ernst & Young as its provisional Baha Mar liquidators due to concerns that it had done work for the developer and was also a creditor.
Antoan Richardson makes the Texas Rangers’ top 40
IT WAS a definite step in the right direction for Antoan Richardson as he attempts to stake his claim with the Texas Rangers organisation.
Shake off 'self-imposed investment xenophobia'
By NATARIO McKENZIE
Brewery shrugs off $10m storm costs
Commonwealth Brewery shrugged off more than $10 million in Hurricane Matthew-related damage and business interruption costs to post a 45 per cent year-over-year profits increase for 2016.The vertically-integrated, BISX-listed brewer foreshadowed an i
Look for a Super Bowl rematch in Indianapolis
By BARRY WILNER AP Pro Football Writer GET ready for the rematch. The Super Bowl rematch, not the Harbaugh coaching family reunion. For a Super Bowl redux to happen, the New York Giants will need another huge road win, this time at San Francisco. And whe
Private sector brands VAT compliance ‘very impressive’
Super Value’s owner has described initial Value-Added Tax (VAT) compliance rates as “very impressive”, amid hopes there has been “a paradigm cultural shift” in attitudes towards paying taxes.
Bad loans breach $1.4bn threshold
Total commercial bank loan arrears breached the $1.4 billion mark at end-August 2014, the Central Bank of the Bahamas has revealed, with almost 23 per cent of all outstanding credit now in default.
Coup rumours ‘devil’s work’
HEALTH Minister Dr Duane Sands yesterday expressed his full confidence in Prime Minister Dr Hubert Minnis’ leadership, dismissing social media and tabloid rumours of a budding FNM coup d’état.
Minnis pledges govt of fiscal responsibility
FREE National Movement Leader Dr Hubert Minnis yesterday pledged to create a “new Bahamas” if elected prime minister in 2017 by being “fiscally responsible, intolerant of corruption, and transparent” in the execution of his duties.
Job advice for young Bahamians at COB event
SCORES of young Bahamians were given job advice yesterday by panellists at the College of The Bahamas’ Career Symposium.
Downtown chief pledges area’s ‘transformation’
The Downtown Nassau Partnership’s (DNP) managing director yesterday pledged that Bahamians and tourists will witness “a major transformation” of the area “within the next two to three years”.
Davis and Panthers get win over Miller Jr and Eagles
RADSHAD Davis had the better individual performance and his FIU Panthers got back into the win column with a dominant performance against Franco Miller Jr and the Florida Gulf Coast University Eagles.
FTX Bahamas properties must fetch ‘80% of value’
All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.
‘Catastrophic’ if latest COVID wave runs free
The hotel union’s president yesterday warned it would be “catastrophic” for Bahamian tourism and the wider economy if the country fails to control the latest COVID-19 outbreak.
‘Coach Yo’ named to men’s national team coaching staff
YOLETT McPhee-McCuin continues to make history in the coaching ranks and achieved another milestone on her résumé when she became the first woman to join the coaching staff of a Bahamas senior men’s national basketball team.
