BPL: We’ve regained 56% of fuel cost ‘under-recovery’
Bahamas Power & Light (BPL) yesterday revealed it had regained 56 percent of its “under-recovered” fuel costs by end-August 2023 while reassuring that surging global oil prices will not derail this strategy.
‘Structural vulnerabilities’ weigh on robust growth
Standard & Poor’s (S&P) yesterday forecast Bahamian economic growth for 2024 will fall back to historical trends at 1.8 percent as it warned that such levels, together with “structural vulnerabilities”, weigh on improved credit ratings.
S&P: Austerity ‘likely’ to meet Gov’t debt targets
Standard & Poor’s (S&P) last night argued that the Government will likely struggle to meet its debt reduction targets “without material new revenues, significant cost-cutting or well above average economic growth”.
Munroe defends scheme he said was fake news
NATIONAL Security Minister Wayne Munroe defended the Royal Bahamas Police Force’s new arrest incentive system yesterday, comparing it to schemes for teachers or people who work in banks.
British Colonial Hotel to recruit 300 for opening
THE British Colonial Hotel anticipates reopening the doors of the renovated hotel in December and plans to recruit more than 300 staff.
Revised cost of prison cut by $30-40m
THE cost of expanding the Bahamas Department of Corrections has been reduced by about 40 per cent, down from the previous $93m, according to acting Corrections Commissioner Doan Cleare.
SUPER VALUE CHIEF: FOOD COST UP 30% – Roberts reveals assessment of 15 common items
Super Value’s principal yesterday said a review of 15 commonly-bought items revealed The Bahamas sustained food inflation of around 30 percent over the past two years, adding: “The customers are re-training us.”
Team Bahamas falls 6-1 to Grenada in CONCACAF ‘Road to Gold Cup’ opener
THE Bahamas’ senior women’s national football team went down 6-1 to Grenada in game one of the Confederation of North, Central American and Caribbean Association Football (CONCACAF) Women’s Road to Gold Cup.
Bodybuilding team off to Aruba
DESPITE some challenges ahead of their travels, the Bahamas Bodybuilding Wellness and Fitness Federation’s (BBWFF) 14-member team has now journeyed to Aruba to compete at the 50th Central American and Caribbean (CAC) Bodybuilding Championships.
Chisholm Jr and Marlins celebrate latest historic double grand slam feat
BAHAMIAN Jasrado “Jazz” Chisholm Jr and the Miami Marlins celebrated his latest historic feat, being the team’s first player to notch grand slams in back-to-back games.
Police investigate after man found dead on cruise ship
Police on New Providence are investigating the death of a 29-year-old American man of Carbon Dale, Illinois, on a cruise ship.
Unlicenced firearm and ammunition confiscated
Police on New Providence confiscated an unlicenced firearm and a quantity of ammunition on Wednesday.
Man charged with incest
A 22-year-old man was behind bars yesterday accused of molesting his 14-year-old sister last week.
The Great Cabinet Shuffle
In worldwide politics it has always been fashionable to ‘blame’ the outgoing administration for the apparent political failures and omissions of good governance. When a current administration shuffles cabinet posts and individuals the opposing party will cry wolf and suggest that such changes reflect lipstick being applied to a pig.
Electric vehicles
Under the Minnis Government reduction of Customs Duties was applied to a purchase of an electric vehicle... the Davis Government I recall reduced VAT and Duty, might be wrong, but to me at a time when the Treasury needs every dime why are we giving these concessionary exemptions and incurring loss of revenue?
Man remanded to prison for firearm, ammunition charge
A MAN was remanded to prison yesterday for allegedly having a loaded gun on Second Street earlier this week.
Teenage boy charged with grievous harm
A TEENAGE boy allegedly stabbed a fellow RM Bailey student during a brawl at a bus stop on Marathon Road last week.
ALICIA WALLACE: Poor communication between politicians and the public
GIVEN the gutting of the media, one would think that the current government administration would be competent in the area of communications.
Two arrested after probe into fake licence discs
AN investigation into a fraudulent licence disc ring has resulted in the arrest of a man and a woman found with fraudulent licence disc equipment at their residence.
