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FOCOL targets wide growth in ‘preparing for the next 50 years’

FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”

Commonwealth hails $63.5m profit amid 91% claw back fall

COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.

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.

CARIFTA TV payment cut in half on contract breach

An upfront $50,000 cash payment related to broadcasting rights for last year’s 50th CARIFTA track and field championships was cut by 50 percent after organisers breached the contract.

$7m overspend on sports events

BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.

Comets, Hurricanes repeat as junior soccer champions

The junior portion of the Bahamas Association of Independent Secondary Schools Sports (BAISS) Soccer Championships is officially in the books.

‘You can’t be ungrateful’ over 25 cent bus fare rise

TRANSPORT and Energy Minister JoBeth Coleby-Davis told bus drivers at a hall meeting last night “you can’t be ungrateful” over the 25 cent rise in adult bus fares.

Up to 25 years jail for gang members in proposed law

LONG-AWAITED anti-gang legislation was tabled in the House of Assembly yesterday - with gang members facing up to 25 years in prison.

Man charged on five counts of incest for molesting his niece

A 25-YEAR-OLD man was remanded in custody yesterday after he was accused of molesting his underaged niece five times over the last two years.

‘VJ’ Edgecombe and Donovan Freeman fall to east 88-86

BAHAMIANS Valdez “VJ” Edgecombe and Donovan Freeman took the court for the 2024 McDonald’s All-American Game at the Toyota Center in Houston, Texas on Tuesday.

Suicides down by 25 percent despite remarkable 86 percent rise in attempts

ALTHOUGH suicides decreased by 25 per cent in 2023 compared to 2022, attempted suicides increased by a remarkable 86 per cent, according to police statistics released yesterday.

Mingoes pick Baha Jrs apart with 10-0 win

THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.

PM says divorce is a solution for marital rape

GIVING no firm indication that his administration will criminalise marital rape, Prime Minister Philip “Brave” Davis suggested yesterday that divorce is the solution for women who believe their spouse has raped them.

04252024 EDITION

Thursday, April 25, 2024

Bahamian group teams for growth in agriculture

A regional agriculture body has teamed with the Agricultural Development Organisation (ADO) of The Bahamas to promote the industry’s sustainable development in this nation.

‘Explosive’ hurricane forecast predicts over 20 named storms for 2024 season

THE Atlantic 2024 hurricane season, expected to begin in less than two months, has been forecast to be “explosive”, with weather forecasting company AccuWeather projecting 20 to 25 named storms, and eight to 12 hurricanes – with four to seven of those expected to be major hurricanes.

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