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Bowleg tables CARIFTA figures
YOUTH, Sports and Culture Minister Mario Bowleg tabled an unaudited financial statement about the 2023 CARIFA Games in the House of Assembly yesterday.
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.
Bannister: No safeguards in Electricity bill
FORMER Deputy Prime Minister and Minister of Works Desmond Bannister said the recently tabled Electricity Bill would empower the government to transfer Bahamas Power and Light (BPL) assets to subsidiary companies.
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.
Energy bill opens door to BPL move
The Government yesterday unveiled a major overhaul of the country’s energy regulatory regime to provide a platform for rescuing Bahamas Power & Light (BPL) from its $1bn debt and investment hole.
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.
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.
Concerns raised over transparency on environment fines
AS parliamentarians passed a bill to introduce spot fines for environmental infractions yesterday, some complained about the Davis administration’s lack of transparency regarding penalties for those who have broken environmental laws.
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
Opposition leader fears Bill ‘guts URCA’s BPL oversight’
THE Opposition’s leader yesterday accused the Government of “gutting URCA’s oversight” with planned energy regulation reforms that the Prime Minister said could lead to BPL’s break-up.
Mitchell demands halt to cemetery’s appeal
A CABINET minister was yesterday revealed to have intervened on behalf of his constituents over a planning appeal involving a proposed 13-acre Bernard Road cemetery that is heavily opposed.
'Death by 1,000 cuts' fear on new Bimini airport fees
Private aviation operators yesterday voiced fears that the industry faces "death by a thousand cuts" amid a furious reaction to the imposition of multiple new fees to pay for Bimini's $80m airport upgrade.
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.
FNM names date for convention
THE Free National Movement announced yesterday that it will hold a one-day convention on June 1, when party positions will be “up for grabs”.
PM: Bill’s ‘flexibility’ to end GBPA’s energy regulation
THE Prime Minister yesterday confirmed that the Electricity Bill 2024 provides “the flexibility” to remove the Grand Bahama Port Authority’s (GBPA) ability to regulate the energy sector in Freeport.
Darville: Bills to legalise and decriminalise marijuana will be passed by end of year
BILLS legalising medical marijuana use and decriminalising recreational marijuana use will be passed before the end of this year, Health Minister Dr Michael Darville said yesterday.
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.
BPL ‘could be divided into three’
PRIME Minister Philip “Brave” Davis confirmed that Bahamas Power and Light (BPL) could be divided into three separate entities as the government aims to improve power efficiency and reduce BPL’s outstanding debts.
Pintard: I’ll win leadership vote
THE threat of a challenge from former Prime Minister Dr Hubert Minnis at the upcoming Free National Movement convention has not dented Michael Pintard’s confidence that he will be affirmed as leader of the party.
Local comedians join award-winning ‘Goombay Kids’
The award-winning Bahamian TV show “Goombay Kids” is set to debut its fourth season this Saturday.
