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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.
'Social warrior and source of moral clarity' - Former National Security and Immigration minister Loftus Roker dies at 88
Former Minister of National Security and Immigration, and one of the signatories to The Bahamas Constitution, A. Loftus Roker has died.
Bahamas Independence signatory and former MP Loftus Roker dead at 88
LOFTUS Roker, an Acklins native whose tough approach to illegal immigration and drug trafficking made him a defining political figure in his era, died yesterday at 88.
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.
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.
Christie: Roker was a ‘law and order’ person
FORMER Prime Minister Perry Christie remembered the late Loftus Roker as a “law and order person” known for his commitment to “protecting and preserving” The Bahamas.
Tyesha Tynes a ‘stroke’ above the rest
Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.
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.”
‘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.
Heartbreaking rise in suicides and attempts
A SERIES of stories about suspected suicides have featured in The Tribune recently – and each is genuinely heartbreaking.
‘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”.
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.
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.
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.
‘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.
DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
‘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.”
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.
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