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Parliament 'must get serious' on corruption

The bribery probe involving the Defence Force’s $150m fleet “speaks volumes” about the need for Parliament to take the anti-corruption fight “as seriously as the country”, governance reformers urged yesterday. Matt Aubry, the Organisation for Respon

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80% of Dorian-hit assets uninsured

Up to 80 percent of private homes and businesses devastated by Hurricane Dorian were uninsured, the deputy prime minister revealed yesterday, creating an unsustainable burden for the state.K Peter Turnquest, opening the annual Accountants Week confer

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GB Power suffers $23m Dorian blow

Hurricane Dorian’s catastrophic winds and storm surge have inflicted a $23m blow on Grand Bahama Power Company, its Canadian owner revealed yesterday. Emera, unveiling its 2019 third quarter results, disclosed that Grand Bahama’s electrical utility

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Aliv: Yields up by 10% in one year

Aliv’s top executive yesterday revealed that per customer revenue yields have increased by ten percent over the past 12 months as the mobile operator moves to “reinvent the store experience”. Damian Blackburn, speaking as the upstart provider celebr

Accountants chief: We can help in a disaster

The Bahamas must create a “pre-disaster planning council” involving multiple government agencies following Hurricane Dorian, the Bahamas Institute of Chartered Accountants (BICA) president said yesterday. Diveane Bowe, speaking during the annual Acc

BOB 'open for partners' as profits decline 75%

Bank of The Bahamas (BoB) is open to strategic partnerships, the deputy prime minister said yesterday, as the institution suffered a 75.2 percent profits decline for its 2020 financial year’s first quarter. Speaking outside the Accountants Week conf

EDITORIAL: Did we pay too much to Damen? And where did the money go?

WHEN in 2013, then Minister of National Security announced the signing of the letter of intent to buy nine new vessels, he proclaimed it “the single largest investment to date in the Defence Force’s history”.

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Professors 'lose faith' in Smith

UNIVERSITY of The Bahamas professors have moved to petition the institution’s board over its expired industrial agreement, having “lost faith” in the university president’s “ability” to conclude negotiations.The University of Tertiary Educators (UTEB