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‘Appetite for more’: Deals for $150m in capital eyed

A Bahamas-based investment banker has revealed three further capital raisings, each worth between $20m-$50m, are set to launch this year while asserting: “There’s definitely appetite for more transactions.”

Small Budget surplus achieved for January

THE Government appears to have posted a small $7 million Budget surplus for January, with the deficit for the first seven months of 2017-2018 pegged at $191.3 million - a 39 per cent drop.The Central Bank of the Bahamas’ economic report for February

Bahamas confronts 'Sir Stafford Sands moment'

COVID-19 has created “a Sir Stafford Sands moment” for The Bahamas to transform its economy and “leap” into the 21st century, an ex-Cabinet minister argued yesterday. Alfred Sears QC, a former attorney general, told Tribune Business that the country

VAT real estate 'game changer'

Value-Added Tax’s (VAT) impending implementation may give buyers “the push” to secure properties before January 1, one realtor suggesting: “It may be better to do it now rather than seven months from now.”

Do Bahamains have a pornography addiction?

GROWING concerns over pornography addiction globally are making local health professionals take a closer look at the often taboo issue that can impact mental health.

Puerto Rico blows out Bahamas by 64 points

The Bahamas couldn’t stop the up-tempo game from host Puerto Rica and ended up getting blown out by 64 points in the FIBA U17 Centrobasket Championship for Women.

Consumers face 2019 wait on BPL fuel costs

Bahamas Power & Light (BPL) will move “aggressively” to return its Clifton Pier power plant to 80 per cent capacity by summer 2019, in a bid to relieve consumers from increased fuel costs.

Contractor chief: ‘I cut 80% of staff to survive’

The Bahamian Contractors Association’s (BCA) president yesterday told Tribune Business he was forced to lay-off 80 per cent of his own staff “just to survive”, as he called on the Government and private developers to bring “sweet relief” by kickstarting the housing market.

70 percent against tax rise in survey

MOST Bahamians oppose the Minnis administration’s “People’s Budget”, with more than 70 percent against the impending value added tax increase, a new scientific poll from marketing and research firm Public Domain reveals.

‘We won’t reverse Sir Roland honour’

THE Progressive Liberal Party would not reverse Sir Roland Symonette’s National Hero honour if elected to govern the country, because doing so would establish an undesirable precedent, PLP Leader Philip “Brave” Davis said yesterday.

PM denies union’s Cable pre-election pledge fears

A trade union leader yesterday voiced doubts that the Prime Minister will live up “a pre-election commitment” to bring BISX-listed Cable Bahamas to the negotiating table.

Bell says govt already trying to send back 900 Haitians

IMMIGRATION and Labour Minister Keith Bell said yesterday that the government is hoping to repatriate over 900 Haitian migrants who recently entered the country illegally by the end of this week.

Governor: S&P move no devaluation threat

The Central Bank’s governor yesterday reassured Bahamians that their dollar is at no risk of devaluation because of Standard & Poor’s (S&P) decision to downgrade this nation to ‘junk’ status.

Knights strike gold in St Lawrence Invitational Tournament

THE Niagara College Knights, with several Bahamian players on their roster, were back on the floor for the preseason as they prepare to contend in the Ontario Colleges Athletic Association.Van Hutchinson Jr, Kevin Cooper, Stephone Augustine, Livingst

Tourism Ministry ups marketing efforts amid Zika concerns

Tourism Minister Obie Wilchcombe said yesterday that his ministry was ramping up its marketing efforts to curb the tourism fall-out from Zika fears, with Canada already having issued a travel advisory on the nation.

Paul Adderley in hospital

THE TRIBUNE understands that former Attorney General Paul Adderley, 83, was admitted to hospital yesterday and is in serious condition.

19-year-old accused of sex assault of 83-year-old woman

POLICE are questioning a 19-year-old youth concerning a sexual assault incident involving an 83-year-old woman.

Bermuda learns from Arawak Port project

Arawak Port Development Company (APD) executives recently hosted Bermuda government officials on a tour of the $83 million Nassau Container Port and Gladstone Freight Terminal. Marc A.R. Bean, Bermuda's minister of environment, planning and infrastruct

Event to put Bahamas 'on the yachting map'

The first Bahamas Charter Show is aiming to “put this nation on the yachting map”, it was revealed yesterday, with more 20 boats and 80 registered brokers already registered to attend. Dr Kenneth Romer, the Ministry of Tourism’s executive director o

80% conch drop threatens lives of 9,000 fishermen

THE livelihoods of more than 9,000 Bahamian fishermen and their families are under threat from the 80 per cent conch population decline since the 1980s, it has been revealed.An Inter-American Development Bank (IDB) report, accompanying a $500,000 pro

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