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BPL suffers $64m loss during 2020
BAHAMAS Power & Light (BPL) incurred a $63.876m total comprehensive loss for the year to end-June 2020 with auditors reaffirming that its parent’s solvency remained endangered by “negative cash flows” and constant losses.
‘Kick back’ likely over Out Island airport fees
The introduction of passenger user fees to finance Family Island airport redevelopment will cause travellers to “kick back” and initially soften travel demand, Bahamian aviation operators forecast yesterday.
User fees to drive $263m Out Island airport upgrades
Bahamian and international travellers will ultimately have to pay user fees of up to $43 per person to finance the collective $263m redevelopment of the 14 Family Island airports put out to bid yesterday.
FIBA: Team Bahamas falls to Panama 88-66
THE Bahamas men’s national basketball team wrapped up its final two games in the FIBA Americas World Cup Qualifier with another loss. The team, coached by Moses Johnson, John Nutt and James ‘Jimmy’ Clarke, suffered a 88-66 decision against Panama yesterday. The loss came after the Bahamas was handed a 117- 70 rout against Venezuela on Thursday in Caracas.
Abaco Dump burning poses health concern
RECENT burning and movement of debris from the Spring City Debris Management Dump Site to the Great Abaco Sanitary Landfill has been causing environmental and health concerns for those on the island, said a local official.
Abaco MP: Govt finalising plans to deal with dump
THE government is “finalising plans” to address recent burning of debris at dump sites in Abaco, said North Abaco MP Kirk Cornish. Mr Cornish expressed concern about the ongoing issues posed by the burning of debris at the Spring City Debris Management Dump Site and the Great Abaco Sanitary Landfill.
Drugs, firearm and ammunition found off Nassau Street
POLICE reported drugs were found along with an illegal firearm and ammunition on Tuesday off Nassau Street by officers attached to Operation Ceasefire.
Make Bahamians arbitration ‘masters’
THE OPPOSITION’S finance spokesman yesterday voiced concern that Bahamians may be left behind if this nation moves too swiftly to establish itself as an international arbitration hub.
PI project concern over ‘compelling opportunity’
A senior Atlantis executive yesterday warned that concerns over Royal Caribbean’s Paradise Island project could harm downtown Nassau’s revival and “the most compelling real estate opportunity in The Bahamas” if not resolved.
Man killed in industrial accident in Grand Bahama
A young man is dead on Grand Bahama following an industrial accident on Tuesday at the Freeport Harbour Industrial site.
Port chief eyeing Abaco power cable connection
The Grand Bahama Port Authority’s (GBPA) president yesterday suggested running an electricity cable between his island and Abaco as a way to “stabilise” electricity costs and bring rates down.
‘Last peaceful settlement’s’ fears over 163-unit project
Adelaide residents yesterday voiced fears that a proposed 163-unit multi-family residential project will “destroy the last peaceful settlement we have in New Providence” if approved by government regulators.
Concerns over Royal Caribbean beach club
THE following is an open letter from Eric Carey, former executive director of The Bahamas National Trust (BNT), a non-profit, non-government, membership organisation focused on conserving and protecting the Bahamian environment. Mr Carey now leads ONE Consultants, an independent environmental consultancy that has been engaged by Atlantis to review the environmental impact of the proposed Royal Caribbean beach club project.
Atlantis: ‘Put the brakes on’ Royal Caribbean’s PI deal
Atlantis’ top executive last night warned that approval of Royal Caribbean’s $110m Paradise Island project is “premature” and urged Bahamians to call on the Government to “put the brakes on”.
‘Tweedy’ and Blue Devils fall to Broncos in title game
VERONAYE ‘Tweedy’ Charlton put up a gallant effort, but it wasn’t enough to lead her Norcross Blue Devils past the Brookwood Broncos in the Georgia Girls State 7A Basketball Championship game.
Oban revival dismissed despite $2.5bn plans
Talk of reviving the $5.5bn Oban Energies oil refinery deal has been dismissed as “foolishness” by the Prime Minister’s spokesperson although an “introductory call” was held with the project’s new owners soon after the 2021 election.
Electrocuted man was father of 4 and ‘was a loving grandson,’ his grandmother said
A YOUNG father killed in an industrial accident has left behind four young children, none older than six years, according to his grandmother.
INSIGHT: RCI deal on PI is approved - but concerns remain
THE news around the approval of the Royal Caribbean project on Paradise Island has been peculiar to say the least.
The story of the aircraft lost in The Bahamas
TRIBUNE readers may recall fifteen articles about Mailboats of the Bahamas in 2016. This new series about World War Two aircraft discoveries in our archipelago is similar, except the history is less static and more tactile.
BISX-listed fund targets storage drive to $100m
A BISX-listed fund is entering New Providence’s warehouse and storage space market to help drive ambitions of more than doubling in scale to some $100m in assets.
