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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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GBPA braces for govt to launch arbitration
THE Grand Bahama Port Authority (GBPA) is bracing for the Government to formally initiate arbitration proceedings as early as this week after talks failed to break the deadlock over the latter’s $357m demand.
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A bit of Charisma will get you everywhere
IN a Nassau church 24 years ago, Charisma Taylor’s mother heard a sermon on charisma, which the pastor described as the “giftings of the spirit.” The sermon struck a chord, and a few months later, out came a baby girl named after it. From day one, Charisma was graced with the name of a star, her mama’s winning smile, and a loving family. Only time would tell how this movie played out.
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Doctors Hospital targets $10m acquisition boost
Doctors Hospital yesterday predicted annual revenues will increase by $10m through its acquisition of The Kidney Centre in a deal that will make its workforce more than 1,000-strong.
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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.
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'Horrendous' surge in contractor walk-aways
The Bahamian Contractors Association's (BCA) president yesterday revealed there has been "an horrendous" increase in complaints over the past 12-18 months about contractors abandoning clients.
