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Baha Mar admits to no redundancy cash

Baha Mar has admitted it “does not have sufficient cash” to pay its 2,400 employees due compensation should it have to make them redundant, as its $80 million financing facility has been blocked - at least for the moment - by Government and Chinese opposition.

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Wall Street: Bahamas off 2.5% growth target

Wall Street believes the Bahamas has failed to meet projected economic growth targets for 2012, a leading rating agency finding that GDP expansion is set com

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WORLD VIEW: We have to work together or be picked off, one by one

REPORTS are wrong in stating that eight Caribbean Community (CARICOM) countries are on a ‘blacklist’ recently released by the Organisation for Economic Cooperation and Development (OECD) over Citizenship by Investment (CBI) and Resident by Investment (RBI) schemes that they operate.

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Have business owners lost confidence?

LOCAL and foreign investors are probably having more board room sessions about whether this is the right time to invest in this country. So far, the Christie government has done nothing to assure the private sector that they know the direction in which their government’s sails are set.

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Staniel Cay Airport reopens after seven months

STANIEL CAY airport, which has been closed for seven months for runway repairs, reopened to air traffic yesterday, the Ministry of Transport and Aviation has announced.

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World View: Competition for benefits of second citizenship is global

Citizenship by Investment Programmes (CIPs) in the Caribbean have been the subject of much criticism, even though the financial and economic benefits of the programmes are undeniable. These programmes are operated by Antigua and Barbuda, Dominica, Gr

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Search for killer after man shot

POLICE are investigating the country’s latest murder, which took place on Sunday night.

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INSIGHT: The real reasons behind ‘passports for sale’

On January 1, “60 minutes”, an investigative programme aired by the US television company, CBS Corporation, ran a segment on “Citizenship by Investment Programmes” (CIP) that are operated by several countries around the world.

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U Sports Basketball: Bahamian players shine in Canada colleges

THE Dalhousie Tigers fell one spot in the U Sports Men’s Basketball ranking after their first loss of the season, but rebounded with a pair of wins to highlight weekend play from Bahamians in the top level of Canadian college basketball. Shemarr Bur

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‘Tum Tum’ and Spartans rout Lions 78-51 in Big 10

Conference championship week continues throughout NCAA Division I basketball and several Bahamian players took part in tournaments with mixed results for their respective programmes.

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NPBA: Bucket, Shockers Stingers in the win column

THE Aliv Bucket, Seafood Shockers and PJ Stingers were winners of the New Providence Basketball Association’s triple header at the AF Adderley Gymnasium on Saturday night.

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PM tours construction site

PRIME Minister Dr Hubert Minnis and Minister of Tourism Dionisio D’Aguilar toured the Goldwynn boutique hotel construction site on West Bay Street yesterday. Construction on the $120 million project has resumed after a temporary stop due to COVID-19

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FIBA: Bahamas to face Dominican Republic tonight

COACH Mario Bowleg said the men’s national basketball team is prepared to put the devastating loss to the US Virgin Islands behind them and is eagerly looking forward to closing out play tonight against the Dominican Republic on a high note in the FI

Obit

Miriam Idalee Knowles

Death Notice for Miriam Idalee Knowles, age 91 years, died at Doctors Hospital on Saturday March 11, 2017. She is survived by her children: Don and Christine; Sandra; Jerome and Ivy, Mark and Cora; Paula and Reno; Paul and Jackie, …

Obit

SARAH SWEETING-RICHARDSON

MRS. SARAH SWEETING-RICHARDSON, age 91 years of #83 Cartier Circle, Freeport, Grand Bahama and formerly of Mangrove Cay, Andros died at her residence on Sunday, July 7th, 2019. She is survived by her children: Carolyn Sweeting, Violet Sweeting-Smith, Alfred Sweeting, …

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Bahamas finish seventh in CentroBasket after big win over Nicaragua

THE Bahamas men’s national basketball team took their frustrations out on Nicaragua on Friday by winning seventh spot in the CentroBasket tournament with a 120-77 victory.

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Bahamian banker’s life ban on $17m collapse

A well-known Bahamian banker has been barred for life from the securities industry over the “conflicts of interest” and client losses involved in his broker/dealer’s $17m collapse.

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Minority interest holds UK political power in the balance

The race is finally on. Following last week’s dissolution of Parliament by The Queen, official campaigning is under way in the lead-up to a General Election in Britain on May 7. Six hundred and fifty seats at Westminster will be contested and few would dare predict the outcome of what is likely to be an exceptionally close battle.

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Popeyes to add 80 jobs with new site

Popeyes Bahamas is investing more than $2 million to launch its second restaurant on Carmichael Road before year-end 2016, a move that is expected to create 80 jobs.

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He fought for us all

CHARLES W Saunders, described as a “giant in the religious community”, died on Friday. He was 91 years old.