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‘Pregnant with opportunity’: FOCOL’s $25m rights issue
FOCOL Holdings is “pregnant with opportunities”, its chairman said yesterday, as it unveiled a $25m rights offering for existing shareholders to finance further expansion plans.
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Gov’t to split ‘smart city’ money streams with Aliv
THE Government’s digitisation chief yesterday said it will evenly split the “new money” generated through its three-year partnership with Aliv to transform downtown Nassau into a “smart city”.
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Bahamas reported among escapees from EU blacklist
THE Government’s growing optimism that The Bahamas will imminently escape the European Union’s (EU) tax blacklist appeared justified yesterday amid reports this nation is among those set for delisting.
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Bahamas enjoys 20% ‘audience reach’ jump
THE Deputy Prime Minister yesterday said The Bahamas has enjoyed a 20 percent increase in “audience reach” as it increases advertising spending to counter saturation media coverage of its crime woes.
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Nurses ‘exhausted and fed up’ as some wait over four years for confirmation
BAHAMAS Nurses Union president Muriel Lightbourn is angered by how long it takes to confirm some nurses in their posts, saying some have been waiting since 2020.
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Agriculture group targets $25m for 20% of chicken, egg market
BAHAMIAN agricultural entrepreneurs have unveiled ambitions to raise $25m in financing that will enable them to “tap into 20 percent” of this nation’s chicken and egg import market.
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North Andros forced to ‘pilot banking’ as ABM vandalised
NORTH Andros has been left without easy access to cash for an “extended period of time” after the area’s sole automated banking machine (ABM) was vandalised.
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Two champions take home the hardware
The CH Reeves Raptors and DW Davis Royals both repeated as champions for the junior girls and boys division in the Government Secondary Schools Sports Association (GSSSA) basketball championships yesterday.
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FACE TO FACE: Fighting for the rights of fathers
Children who have a close relationship with their father are twice more likely to find stable employment or enter college after high school. They are 75 percent less likely to have a teen birth; 80 percent less likely to spend time in jail; and half as likely to experience multiple depression symptoms.
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Mitchell says National Honours Committee could limit number of recipients in years to come
FOREIGN Affairs Minister Fred Mitchell said the number of people receiving national honours will likely be limited over time.
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Two-thirds say Bahamas can end cheques by ‘26
Almost two-thirds of Bahamians believe this nation could be ready for the elimination of cheque payments within the two-year deadline set by the Central Bank to review its goal.
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Veteran carpenter loses his $137,280 CGT claim
A carpenter has lost his $137,280 wrongful and unfair dismissal claim against a major Bahamian contractor for whom he worked at regular intervals over 32-and-a-half year period.
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Bannister gives testimony on WSC contracts
FORMER Works Minister Desmond Bannister claimed in court yesterday that he never approved contracts to paint water tanks and buildings belonging to the Water and Sewerage Corporation (WSC) when he was in office.
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Contest for young poets
YOUNG writers can participate in the 2024 Caribbean World Poetry Day Competition for 2024.
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Waste, ‘political attitudes’, bar IMF’s hospital user fee plans
AN ex-health minister says “wastage”, combined with zero political appetite, means the IMF’s call for the imposition of hospital user fees on those “with greatest capacity to pay” is likely a non-starter.
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Gov’t set to refinance $2.4bn in six months
THE Government has to refinance almost $2.4bn in maturing debt during the six months to end-June 2024, it has been revealed, with its euro-denominated liabilities almost doubling in percentage terms.
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‘Passing mark’ could spark Bahamas’ blacklist escape
A CABINET minister has signalled The Bahamas could escape the European Union’s (EU) tax blacklist within weeks after it received a “passing mark” over a key issue that prevented its removal in late 2023.
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Personal income tax not on gov’t ‘agenda’
A CABINET minister has affirmed that the introduction of a personal income tax is “not on our agenda” - not even for the top 10 percent of earners as recommended by the International Monetary Fund (IMF).
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‘Full cooperation’ expected in tourist rape investigation
NATIONAL Security Minister Wayne Munroe said he expects full cooperation and honesty from all parties as police and the Federal Bureau of Investigations investigate a claim that two American women were sexually assaulted in Grand Bahama earlier this month.
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Devynne Charlton powers to world indoor record
Devynne Charlton got the start she expected and the finish anticipated in what she called the “perfect race” as she powered to a world indoor record in the women’s 60 metres hurdles yesterday at the Millrose Games.
