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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.
AG: BPL needs 400MW in new generation plant
Bahamas Power & Light (BPL) needs more than 400 mega watts (MW) of new generation capacity to address a “dire” situation requiring between 60-80 percent of its existing plant to be replaced within five years.
Restraint in politics and in government
ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.
FRONT PORCH: Restraint in politics and government
ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.
‘Most of BPL Plant obsolete in 5 years’
ATTORNEY General Ryan Pinder said 60 per cent of Bahamas Power & Light’s plant in New Providence and 80 per cent of its plants in Family Islands must be replaced in the next five years as engines reach the end of their useful life, a transformation that will cost almost $300m.
BPL ‘shambles’: We pay now or pay later
The Bahamas Power & Light (BPL) “shambles” will only get worse the longer critical reforms are delayed, an ex-Chamber chairman is warning, as he added: “We pay now or we pay later.”
PM: Women not equal? ‘y’all ruling us, man'
PRIME Minister Philip “Brave” Davis rejects the United States’ observation about how women are treated in The Bahamas.
Over 100 people apply to have their police record expunged at job fair
OVER 100 people at a job fair on Saturday applied to have minor criminal offences expunged from their police records, surprising officials who did not expect such numbers.
Munroe suggested evidentiary hearings could expedite the legal process
NATIONAL Security Minister Wayne Munroe said an amendment to the Supreme Court Act can potentially facilitate evidentiary hearings to determine the admissibility of evidence before a trial.
‘One-stop solution’ to BPL woes re-floated
A “quick one-stop solution” for The Bahamas’ energy crisis was yesterday re-floated by a local attorney who argued it could resolve cost, reliability and environmental woes “within months”.
Apprenticeship initiative to get persons ‘off the streets’
The newly-launched apprenticeship initiative is designed to provide Bahamian companies with well-trained, certified employees at no cost to themselves as it bids to take persons “off the streets”.
Jazz and Miami Marlins run away with 1-0 win over Detroit Tigers
Jesús Sánchez drove in Bryan De La Cruz with a 10th-inning groundout, and the Miami Marlins beat the Detroit Tigers 1-0 on Tuesday night.
Prominent sorority calls for more female leaders in healthcare during mock parliament session
The members of the Alpha Kappa Alpha sorority recently held their second mock parliament session where they called for more inclusive policies for women in the STEM and healthcare industries in the country.
Gov’t awards 43 sustainable food grants
Forty-three fishermen and farmers have been presented with sustainable food grants by a variety of government agencies.
Pintard is not young generation
TWO weeks prior, the FNM and the nation at large witnessed two individuals whom I hold in high regard step up to vie for the position of leading our party into the upcoming general election.
‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
East GB microgrids set to hire up to 50
Up to 50 workers will be hired for the proposed build-out of five solar microgrids designed to help “ease cost of living concerns” and entice former residents to return to Dorian-ravaged east Grand Bahama.
RF: ‘No impact’ from core software dispute
RF Bank & Trust yesterday asserted that a dispute with its core software provider will “not in any way impact customer funds or overall operations” as it bids to resolve their differences.
‘There’s no hospital without physicians”
More than half of surveyed doctors feel the new $290m hospital is not “fiscally sound”, the Medical Association of The Bahamas (MAB) president said yesterday, as she warned: “There’s no hospital without the physicians.”
FRONT PORCH: The failure to civilise new generations
A gnawing grief seized the family and friends of former Member of Parliament and Deputy House of Assembly Speaker, Don Saunders, following his murder during an armed robbery
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