A pathway to lowering our electricity costs
On March 5, 2010, The Tribune reported that BEC had imported 9.5 million barrels of fuels in 2008. That would have been equivalent to 1.4 million tonnes if it had comprised 50 per cent heavy oil (Termed IFO 380) and 50 per cent light diesel.
Financial sector unveils its top executive for 2012
Aliya Allen, the Bahamas Financial Services Board’s (BFSB) chief executive, has announced that April Nicole Turner has been selected as the industry’s Executive of the Year.
Scotia manager wins'Mentor of the Year'
TODD M.J. BENEBY, a relationship manager with Scotia Private Client Group (SPCG), has been selected as ‘Mentor of the Year’ by the Bahamas Financial Services Board (BFSB).
Crawfish poaching hits 'sustainable' EU certification
Poaching by Dominican Republic fishermen has created “a very significant trade issue”, a Cabinet Minister said yesterday, given that 97 per cent of the crawfish harvest was exported and that the Bahamas had to prove to Europe it was “sustainable”.
Community activist: Cable rate rise to finance Florida deals
AN outspoken community activist yesterday questioned whether Cable Bahamas’ proposed fee increase for its basic cable TV offering was intended to subsidise its $65 million acquisition of two Florida-based communications providers.
Super Value chief urges 'drastic action' over copper thieves
Super Value president Rupert Roberts has urged the Government to take “drastic action” against copper thieves, warning that they were delaying employment for 75 Bahamians after hitting the former City Markets South Beach store three times.
Sandy losses 'bit higher' than $50m from Irene
A leading Bahamian insurer yesterday said Hurricane Sandy was likely to produce damages claims “a bit higher” than the more than $50 million worth incurred industry-wide last year from Irene.
Investor: 'My gut says' no cellular licence for Cable
A well-known Cable Bahamas shareholder doubts whether the Government would award the company a cellular licence to compete against the Bahamas Telecommunications Company (BTC), while giving cautious backing to its $65 million Florida expansion.
Pre-hurricane lumber sales 'totally dead'
LUMBER distributors and building supply stores saw very little business as a result of Hurricane Sandy, with one executive telling Tribune Business last Thursday he was surprised by the slower-than-usual storm sales
Striking the right balance over work and religion
We have heard much talk about the separation of church and state. Governments have struggled for years with special interest groups who desire to impose moral issues on the masses through governmental legislation
Minister meets top WTO chief
The Minister of Financial Services has held bilateral talks on how the Bahamas will accede to full World Trade Organisation (WTO) membership with the latter’s director-general, Pascal Lamy.
Food stores 'bombed out' by Sandy shopping
Super Value’s stores were “bombed out” last week by shoppers stocking up on last-minute storm supplies, its owner telling Tribune Business that it brought weekend orders forward to cope with Hurricane Sandy’s demands.
'Business as usual' for Family Island hoteliers
FAMILY Island hoteliers said it was back to business following Hurricane Sandy, with several executives telling Tribune Business their properties had not sustained any major damage.
Cable's $65m Florida deals 'catalyst for more'
Cable Bahamas believes its combined $65 million acquisition of two Florida-based communications providers “could really be the catalyst for further growth opportunities”, as it moves to expand beyond a ‘mature’ local market and into one containing 18 million persons.
Sandy costs airline 'over $110k' revenue
A Bahamian-owned airline yesterday said it was “recovering” after Hurricane Sandy likely cost it “over $110,000” in revenues over a four-day period.
