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Businesses face ‘major supply chain disruption’

Bahamian businesses were yesterday warned to brace for “significant supply chain disruption”, with no freight vessels arriving at Nassau until possibly “late next week”.

Fishermen Rescued at sea after engine problems

THANKS to joint efforts of the Royal Bahamas Defence Force and local fishermen, two fishermen are grateful to be alive today after being missing for several hours when their 17-foot white Boston whaler developed engine problems.The men left to go fis

Bd Global Sports to host ‘Islands of the Bahamas showcase’

The Bahamas continues to be an attraction for major NCAA basketball and another event will be added to a stacked schedule this fall.

Charlton wins 60m final, UB athletes in Fred Wilt Open

THE Purdue Boilermakers, led by Devynne Charlton, had a rare treat on Saturday as they welcomed the University of the Bahamas to West Lafayette, In- diana, for their first indoor track and field meet at Lambert Field- house.

Bahamas Great Abaco Classic tops the Web.com leaderboard

THE Bahamas Great Abaco Classic is high on the Web.com leaderboard with several PGA golfers raving about their experience at the event.

GOLF: Great Exuma, Abaco Classics all set

THE sports tourism sector continues to garner attention from the international golf community with a pair of new events planned to join the schedule.

CIBC's $100,000 gift to hurricane relief

RELIEF and recovery efforts for those most affected by Hurricane Matthew received another boost yesterday with a $100,000 donation from CIBC FirstCaribbean to the Bahamas Disaster Relief Fund.

Solomon’s celebrates customers in a healthy way

In celebration of the 26th anniversary of Solomon’s Super Centre, staff at the food store hosted their fourth health fair as a way to “give back” to its loyal customers.

Freeport ‘FLIPs’ over mega hardware store

Freeport business owners fear they will be “wiped out” by a new mega hardware store that is allegedly owned by the Grand Bahama Port Authority’s (GBPA) new foreign partners.

Three plead not guilty to $24,000 worth of food

THREE men were granted $5,000 bail in Magistrates Court on Friday after pleading not guilty to theft of more than $24,000 worth of food from a major distribution company.

Insurers hold back data after poor quality of NHI consultation

DISAPPOINTED with the quality of consultation between itself and the government, the Bahamas Insurance Association has decided not to share key industry data about the nature of health insurance in the Bahamas with the Christie administration as the date for National Health Insurance registration nears.

Cherubims rout Suns, T-Wolves top the Giants

THE Providence Basketball Club’s 2014 Holiday Classic came to a close at the Kendal Isaacs Gymnasium yesterday. Teleos Christian Academy Cherubims, CV Bethel Timberwolves and CV Bethel Stingrays all won their respective divisions to put the final touches on the round robin play.

Pregnant women claim they were beaten by Defence Force officers

TWO pregnant Bahamian women complained they were dragged and beaten by officials during an immigration raid weeks before the enforcement of the government’s new immigration policy.

Insurer at the 'mountain top'

A Bahamian insurer yesterday reached “the mountain top” after being upgraded to the industry’s highest-possible financial strength rating, revealing that its 50 per cent profit retention policy had ‘paid dividends’.

'Optimistic' five new oil licences approved in 2013

The Government is expected to decide this year whether to approve a further five oil exploration licences, with its current licensee aiming to secure a joint venture partner “after the summer”.

Hilton bids put Bahamas 'back in play' on FDI

THE MINISTER of State for Investments has confirmed “multiple offers” have been made to acquire downtown Nassau’s British Colonial Hilton hotel, proving that the Bahamas was “back in play” in attracting foreign direct investment (FDI).

FNM chair: BFS IPO should be 25-30% stake

The FREE National Movement’s (FNM) chairman has criticised the Government for mandating that only a 15 per cent stake in Bahamas Food Services (BFS) be sold to the Bahamian public, telling Tribune Business any initial public offering (IPO) should involve at least 25-30 per cent of the company’s equity.

Wholesalers hope Sysco leaves food retail for locals

WITH the Bahamas Food Services/Sysco deal moving forward, one Bahamian wholesaler yesterday expressed hope that Bahamian-owned suppliers could survive if the Texas-based distribution giant stuck to serving the hotel industry.

PM confirms approval for Sysco’s BFS deal

PRIME Minister Perry Christie yesterday confirmed that the Government had decided to approve Bahamas Food Services’ (BFS) takeover by multi-bilion US giant, Sysco, promising his administration would ensure that Bahamian wholesalers were not “unduly impacted” by the sale.

Wholesalers fear BFS purchase a ‘done deal’

The Bahamian wholesale industry has been told that Government approval of Bahamas Food Services (BFS) acquisition by Sysco is “a done deal”, Tribune Business was informed yesterday, although administration sources were adamant that no final decision had been taken.

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