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Bahamas First 'changes' after 63% profits decline

Bahamas First's executive chairman has pledged to make "strategic changes" after the insurer's 2023 full-year profit slumped by 63.1 percent due primarily to "ongoing issues" with its Cayman health business.

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PM: Bill’s ‘flexibility’ to end GBPA’s energy regulation

THE Prime Minister yesterday confirmed that the Electricity Bill 2024 provides “the flexibility” to remove the Grand Bahama Port Authority’s (GBPA) ability to regulate the energy sector in Freeport.

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Minister’s $185k CARIFTA ‘surplus’ came from 360% subsidy overshoot

A Cabinet minister yesterday asserted that last year’s CARIFTA games generated a $185,503 “net surplus” even though this was only made possible by a taxpayer subsidy over four times’ higher than budgeted.

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