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‘Appetite for more’: Deals for $150m in capital eyed

A Bahamas-based investment banker has revealed three further capital raisings, each worth between $20m-$50m, are set to launch this year while asserting: “There’s definitely appetite for more transactions.”

Don’t let WTO ‘hijack’ National Trade Policy

A Cabinet minister yesterday urged Bahamian businesses and consumers to “not get fixated” on World Trade Organisation (WTO) membership for fear it will “hijack” and “derail” efforts to develop a broader National Trade Policy.

External shocks cause for a ‘special situation’

The Bahamas is “in a special situation” due to its high vulnerability to natural disasters and economic shocks, a trade specialist said yesterday, with imported goods ten times’ higher than exports.

FNM to renovate centre

THE Free National Movement Council in Grand Bahama is hosting major fundraising events to help renovate the Sir Cecil Wallace-Whitfield Community Building that sustained severe flood damage during Hurricane Dorian.

Taxi drivers chase 30% fares increase

TAXI drivers want a 30 percent increase across the board to offset the rising cost of fuel.

HIT, RUN, SCORE: Inaugural Babe Ruth Region Caribbean Championships Day 1 highlights

Day one of the inaugural Babe Ruth Region Caribbean Championships and Invitational featured both close games and lopsided results to set the tone for an exciting weekend of youth baseball at the Baillou Hills Sporting Complex.

Mackey Jr to continue pro basketball career in Europe

AFTER completing his first year with Mulhouse Basket in France, Grand Bahamian native Willis Mackey Jr is looking forward to returning to Europe in August to continue his professional basketball career.

Joe leads 76ers past Thunder in SLC Summer League 80-79

ISAIAH Joe made a go-ahead 3-pointer with 25 seconds left, his fourth of the game, and the Philadelphia 76ers beat the Oklahoma City Thunder 80-79 on Thursday on Day 3 of the Salt Lake City Summer League.

Leased taxi plates end will be ‘process’

The Bahamas Taxi Cab Union’s (BTCU) president yesterday acknowledged it will be a “process” to convert leased plates into a situation where the drivers involved become owner-entrepreneurs.

Banks’ fee income doubles in decade

Bahamian commercial banks are generating an ever-increasing share of their income from the fees detested by many consumers, which now account for more than $1 out of every $5 in earnings.

COVID’s $9.5bn blow nearly a triple Dorian

The Bahamas will never recover $9.5bn in economic losses and damage caused by COVID-19, it was revealed yesterday, with the pandemic combining with Hurricane Dorian to deliver a shattering $13.1bn blow to this nation.

Bahamas’ 20% shrink ‘not seen in worst crisis’

Bahamian economic output shrunk by a “remarkable” 20 percent in 2020, an Inter-American Development Bank (IDB) economist said yesterday, branding this COVID-induced plunge as “something you don’t see in the worst crisis”.

Clean-up held in Bimini

WATERKEEPERS Bahamas alongside 4Ocean hosted its second annual beach clean-up on Radio Beach, Bimini, where the event saw the removal of 1,500 pounds of garbage.

EDITORIAL: Twin disasters of COVID and Dorian

WE ALL knew that COVID-19 had inflicted a hammer blow to the Bahamian economy. The scale of that impact is still only now becoming clear.

Man tells court his stolen bike was on sale on Facebook

A MAN yesterday told a Magistrate’s Court that after his motorcycle was stolen, it was later placed on Facebook for sale.

Bahamas Dept of Immigration

Anytime I see all of these people and the frequency numbers, I admit that it causes me to panic. As in anything, if you have a lot of children, you would have to expend more energies, shout more and discipline even more...and the coffer would have to have more in it... these were just laws of nature, you cannot do more with less, unless Father God steps in and places His Miraculous enabling hand out to you, otherwise it will not happen.

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