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‘It doesn’t jive’: Gov’t spending outpaces revenue

THE Government’s recurrent spending continued to grow at a faster rate than revenues during the 2014-2015 Budget year’s first half, with the Opposition yesterday arguing that the Prime Minister’s optimism “doesn’t jive” with the fiscal reality.

Retailer's 'hard decision' to exit Mall at Marathon

A Bahamian retailer yesterday said high rental rates combined with the ongoing uncertainty over COVID-19 restrictions had given it no choice but to exit its space at the Mall at Marathon.

‘Two to three weeks’ left to save Freeport

The Grand Lucayan must be sold within “the next two-three weeks to save” Freeport as a tourist destination and its upcoming winter season, a leading resort executive warned yesterday.

WOMAN DIES, 94

GLIKA Christofilis, a member of a well-known Bahamian family, died on Thursday, January 12, in Minnesota at the age of 94. Born in Marsh Harbour, Abaco, her family moved to Nassau aged two, where she grew up with seven siblings. Mrs Christofilis worked at

WOMAN DIES, 94

GLIKA Christofilis, a member of a well-known Bahamian family, died on Thursday, January 12, in Minnesota at the age of 94. Born in Marsh Harbour, Abaco, her family moved to Nassau aged two, where she grew up with seven siblings. Mrs Christofilis worked at

WSC lays out its $200m plan

THE Water and Sewerage Corporation (WSC) outlined key parts of its $200m capital works plan with major works around the country.

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A look back on great moments in sports history on March 21

Enough of the mock NFL Drafts, and monitoring where the likes of Tony Romo, Adrian Peterson and Jamal Charles will all end up, and under what circumstances?

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INSIGHT: Cut crime by helping the children scarred by violence

WHEN a murder happens in a community, first responders race to the scene for two reasons – emergency medical personnel handle the victim while the police hunt down the perpetrator.

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Slave ship artifacts uncovered

ON craggy rocks and in silent gullies at Lynyard Cay in the Abacos lay the fragments of an American-owned slave ship, the 129-ton, 88-foot schooner, the Peter Mowell.

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Bank loss leaves Family Islands ‘out of economy’

Exuma’s Chamber of Commerce yesterday said it is aiming to engage the Government over the “devastating” impact the island has suffered from losing “two-thirds” of its bank branches.

Local basketball leagues ready to return to court

LOCAL basketball is ready to return to the court and complete their 2020 season.

Street Legends results

THE Street Legends’ post-season play continued at the AF Adderley Gym over the weekend. Here’s a look at a summary of the matches played:

Baha Mar contractor promises completed analysis ‘in 7 days’

Baha Mar’s contractor has promised to complete its assessment of the work necessary to complete the $3.5 billion resort development within seven days, Tribune Business was told yesterday.

Bahamian banker’s life ban on $17m collapse

A well-known Bahamian banker has been barred for life from the securities industry over the “conflicts of interest” and client losses involved in his broker/dealer’s $17m collapse.

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More players register for Ed Armbrister Baseball League

WITH an increase in the registration of players, the Ed Armbrister Baseball Camp will revert back to a full-fledged league. According to Michael Butler, one of the organisers, they made the decision to host a league as opposed to a baseball camp bec

Grand Lucayan sale offers tourism rebirth

The potential rebirth of Grand Bahama’s hotel product moved a step closer yesterday as the 409-acre Grand Lucayan resort was placed on the auction block, an adviser saying: “It’s the right time and place to come to market.”

IT miss exposes NHI to ‘US-fraud levels’

A well-known physician yesterday warned that the National Health Insurance (NHI) scheme could be exposed to “US-style fraud levels”, after the Government admitted the necessary IT system will not be ready for its January 2017 launch.

Fidelity 'turns on a dime' via 67% profit rise

Fidelity Bank (Bahamas) yesterday said its ability to “turn on a dime” gave it a competitive advantage over larger commercial banks, although it conceded it had “taken many years” to deliver 2012’s $6.4 million comprehensive income.

Govt raises deficit estimate to $100m

The Government yesterday forecast a more modest pace for fiscal consolidation, projecting a higher $100 million GFS deficit for the upcoming 2016-2017 Budget year compared to its estimates a year ago.

Mortgage approval rate drops to 43%

MORTGAGE loan approval rates have been slashed in half to 42.6 per cent in just two-and-a-half years, highlighting the commercial bank retreat from the vital Bahamian housing market.Data produced by the Central Bank of the Bahamas’ research departmen