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Seven-fold jump in Benchmark’s debt to clients no alarm

A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.

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Sports notes

In conjunction with the Gym Tennis Club, Brajaxba Tennis Club held its 2015 Back-To-School Jamboree at the Gym Tennis Club on Saturday. The results posted are as follows:

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Gov’t ‘exhausts’ 95% of deficit projection

The Government used up 95 per cent of its projected 2015-2016 full-year deficit within the first five months, the Chamber’s chairman arguing this shows the Bahamas cannot escape its fiscal predicament via new taxes alone.

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‘They wanted Gov’t to buy the Grand Lucayan twice’

The Grand Lucayan’s ex-chairman yesterday said the Government would “effectively have been buying the hotel a second time” had it agreed to Royal Caribbean and ITM Group’s demand it finance 95 percent of the $50m purchase price.

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We are in trouble

Supplementary Budget - in the bluntest language Hon Philip Davis as Minister of Finance did not really say it, but folks believe me we are in financial trouble…useless not admitting it we are. Denial is precisely that.

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Ed Armbrister Baseball League officially open

PLAY ACTION ON DIAMOND CONTINUES THROUGH TO APRIL

AFTER hosting their developmental training programme at Flamingo Park in Carmichael Road, organiser Michael Butler said it was time for them to expose the players to a full-fledged league with games being played at the Baillou Hills Sporting Complex.

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KPMG says Gov’t spending ‘far greater than needed’

The Government’s $1.823 billion recurrent spending Budget is “far greater than it should be” when set against the services it is delivering to the Bahamian people, a top accounting firm is arguing.

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‘Polluter must pay’ says minister after fuel spill

ENVIRONMENT and Natural Resources Minister Vaughn Miller yesterday would not say whether negligence played a role in last week’s oil spill at Exuma.

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Bishop Hosea Robert Cox

Memorial Service For Bishop Hosea Robert Cox, 95 will be held on Friday, August 16, 2019, 7:30pm at Pilgrim Ministries International, Minnie Street. Officiating will be Rev. Ednal Minnis and other ministers of the gospel. Funeral Service For Bishop Hosea …

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10 murders on Grand Bahama as crime falls by 10%

CRIME is down 10 percent in Grand Bahama, Police Commissioner Anthony Ferguson reported yesterday. Of the 95 murders police recorded in 2019, Commissioner Ferguson said 10 occurred in Grand Bahama; two each in Abaco and Bimini, and one in Eleuthera.

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$10m spent on 'miraculous transformation' of garbage site

TIMOTHY Hodge met a putrid scent and 95 acres of open garbage when he arrived at the city dump a year ago, the byproduct of years of mismanagement.Yesterday he led Prime Minister Dr Hubert Minnis on a tour of the revamped site, now called the New Pro

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Tourism chief: ‘Step up our game’ over vaccination roll-out

A senior Ministry of Tourism executive yesterday urged the Bahamas to “step up its game” on the COVID-19 vaccination roll-out over fears its Caribbean rivals are outpacing it.

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Jonquel Jones’ double-double leads Sun past Sparks 97-71

THE reigning MVP is playing her best basketball of the season and the Connecticut Sun have secured a top three seed for the WNBA playoffs as the regular season continues to wind down.

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NAUGHTY: Sooner or Laker - I’ll take brilliant Buddy Hield in the NBA Draft

I MUST admit ‘Buddymania’ has me all worn out. Ah, but what an exhilarating ride it was from start to finish. Despite the lopsided ending, a whopping 44-point defeat to Villanova, it was a huge win for the Wildcats who must be commended in their own right, for executing a flawless game plan at both ends of the court, handcuffing ‘Buddy’ Hield and the rest of the Oklahoma Sooners in the process. Hats off to ‘Buddy’ on an outstanding career at Oklahoma but also for being a sterling example for our youth, especially our lost males. With all that’s going on around us at home, thank you for making me proud to be Bahamian again ‘Buddy’.

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Georgette Rolle hopes to make today’s final cut

While American Brittany Lincicome had a sizzling day on the sunny opening day of the fifth Pure Silk-Bahamas LPGA Golf Classic on scenic Paradise Island, Bahamian Georgette Rolle had her best showing ever.

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PM slams predecessor on $99m BTC deficit

Prime Minister Perry Christie has again slammed the former Ingraham administration for failing to provide the $39 million needed to cover the Bahamas Telecommunication Company’s (BTC) original pension fund deficit, arguing that this had caused the shortfall to balloon to $99 million.