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PM: I wanted to hold off longer over BPL
The Prime Minister yesterday admitted he had wanted to hold-off on up to 163 percent increases in Bahamas Power & Light’s (BPL) fuel charge for longer to give struggling Bahamian families more time to rebound from COVID-19.
AML: $17m will create ‘real power destination’
AML Foods yesterday pledged to “create a real power destination” through a total $17m investment that will place its Solomon’s and Cost Right brands side-by-side at the former’s Nassau SuperCentre location.
Queen’s passing shows importance of succession
The passing of Queen Elizabeth II has thrown the British Royal Family into transition and change.
Taxi union hits out on ‘outdated’ rate cards
The Bahamas Taxi Cab Union’s president yesterday hit out at the appearance of “outdated” rate cards that hotels are allegedly being encouraged to issue to their guests to ensure they are not over-charged.
IAN FERGUSON: How businesses can survive frugality calls
Business frugality is essential for survival. With supply chain issues continuing to plague many industries, and inflation still surging, business owners (especially the most vulnerable among us) must find ways to save. This week’s column focuses on ten ways a business can go the extra mile to save a dollar.
IAN FERGUSON: The human touch in small business
More than 80 percent of Bahamian businesses do not have the benefit of on-staff human resources professionals. Literally thousands of Bahamians are operating without a buffer between them and management.
AML targets further $2m store upgrades
AML Foods plans to invest $2m in 2023 upgrades to its existing Solomon's Fresh Market stores and Cost Right Freeport as it strives to be a "catalyst" for the revival of that city's downtown area.
BOB imposes ‘heavy penalties’ on early building loan payouts
Bank of The Bahamas is imposing “heavy early repayment penalties” on construction mortgages in a bid to dissuade borrowers from treating such loans as a “bridging” facility to its detriment.
‘Kino’ Burrows continues to assist the local players
THROUGH his Raw Talent Sports Company, professional basketball player Jaraun ‘Kino’ Burrows continues to open doors for more talented young Bahamians to follow in his footsteps in achieving their dreams of playing at the next level in the sport.
Queen Elizabeth II mourned at funeral by Britain and world
LONDON (AP) — Britain and the world said a final goodbye to Queen Elizabeth II at a state funeral Monday that drew presidents and kings, princes and prime ministers — and crowds who massed along the streets of London to honour a monarch whose 70-year reign defined an age.
Hotels fear BPL hikes set to ‘derail’ rebound
Bahamian hotels yesterday warned that Bahamas Power & Light’s (BPL) planned fuel charge hikes of up to 163 percent have caused “outright anxiety” in the sector and could “derail” the post-COVID return to financial viability.
EU blacklist threat to insurance costs
The Bahamas’ imminent ‘blacklisting’ by the European Union (EU) has sparked fears that increased local insurance rates, and a drastic reduction in the availability of coverage, will be among the repercussions for this nation.
STORM FALL-OUT TO HIT BUILDING MATERIALS: Warning that Florida’s post hurricane reconstruction will impact prices and availability in The Bahamas
Bahamian contractors yesterday warned it is “inevitable” that Florida’s post-Hurricane Ian reconstruction will hit building material prices and availability here as local inflation was revealed to have hit 7 percent.
BPL eyed 58% lower costs than fuel hike
Bahamas Power & Light (BPL) was on target to lock-in fuel costs “through March 2024” that were up to 58 percent less than the skyrocketing increases unveiled by the Government yesterday, documents have revealed.
FACE TO FACE: Memories of meeting the Queen – and looking towards the future
I remember the day that I came face to face with Queen Elizabeth II. She spoke to me, and I never forgot her words. The year was 1994. I was a student at St Augustine’s College, and a young public speaker. I was one of the moderators of the royal event at Clifford Park to welcome Her Majesty to The Bahamas.