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Fidelity eyes $18m profit after ‘opening the hood’
A BISX-listed bank yesterday revealed it is targeting $18m in full-year profits for 2024 after “opening the hood” to assess why last year’s projections were missed.
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Multi-million project aiming to revive ‘forgotten’ east Nassau
THE developers behind a “multi-million” dollar mixed-use project to the Solomon Springs Plaza’s rear yesterday voiced optimism it will help revive a “forgotten” eastern New Providence if approved.
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70-room beach club next in Sebas’s $510m expansion
A 73-room beach club located at Love Beach likely marks the next stage in the $510m real estate expansion being pursued by Sebas Bastian’s Brickell Management Group (BMG).
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‘Someone has to answer’ why BPL debt still $184m
THE Opposition’s leader yesterday demanded that “someone has to answer” why Bahamas Power & Light’s (BPL) $184m debt has not been cut more drastically after last year’s up to 163 percent fuel charge hikes.
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Apprenticeship initiative to transform labour climate
A CABINET minister yesterday said the National Apprenticeship Programme will transform the way Bahamians participate in the workforce by providing paid training and development in high demand sectors.
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FTX Bahamas creditors to have first meet March 15
FTX’s Bahamian subsidiary will hold its first creditors meeting on March 15 at Baha Mar’s convention centre as its liquidators ramp-up efforts to return assets to their rightful owners.
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Sands blasts Greenslade’s Immigration appointment
DR Duane Sands condemned the Davis administration yesterday for overlooking qualified civil servants to make former Police Commissioner Ellison Greenslade permanent secretary in the Ministry of Immigration.
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Team Bahamas named
The Bahamas will have a six-member team to represent the island nation at the World Athletics Indoor Championships to be hosted in Glasgow, Scotland, March 1-3.
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DARING FEAT: 70-year-old Gavin to attempt sail-a-thon from Exuma to Nassau
HE has sailed around the world in so many regattas, but Gavin McKinney has decided to try something that he has never done before and that is to sail from Exuma to Nassau in a 14-foot Laser boat.
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Pro boxer Carl Hield: ‘It feels good to be 5-0-0 with five knockouts’
BAHAMIAN pro boxer Carl Hield stepped into the ring for a fifth straight bout in the professional ranks and was successful once again to remain undefeated.
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GSSSA track & field set for feb .28
THE excitement is brewing in the air for the 30th edition of the Government Secondary Schools Sports Association Track & Field Championships and the Ministry of Education is more than enthused about putting it on from February 28 to March 1 at the original Thomas A Robinson stadium.
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STATESIDE: Biden should be wary of underestimating Trump
“Wow. What a weekend. Too many more like this one and we’re finished.”
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FRONT PORCH: Signs of failure and dysfunction still plague us
Last year there were 103 homicides in Greater London, with a population of approximately 8.9 million. The Bahamas, with approximately 400,000 people, had 110 murders, the majority of them on New Providence, with a population of approximately 300,000. Stabbing accounted for 65.05 percent of the homicides in London. The greater majority of homicides in The Bahamas are caused by guns.
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‘Do whatever it takes to fix confidence in country’s health institutions’, says Minnis
A TILE fell on the head of a nurse in the paediatric ward of Princess Margaret Hospital, former Prime Minister Dr Hubert Minnis said yesterday as he urged the government to do whatever it takes to prevent declining confidence in health institutions.
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EDITORIAL: So, is crime affecting bookings, or not?
TOURISM Minister Chester Cooper was on the offensive yesterday – and given the recent spat over media coverage of murders made for interesting listening.
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‘Kicked out of the ball park’: Duty end’s 40% hit for window maker
THE Government was yesterday urged to review tariff protection for “true Bahamian manufacturers” after one revealed their removal cost 40 percent of its business, saying: “They’ve kicked us out of the ball park.”
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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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DPM: Crime coverage woe ‘losing momentum’
THE Deputy Prime Minister yesterday voiced optimism that damaging media coverage of The Bahamas is “losing momentum” with major resorts reporting peak winter occupancies “in excess of 80 percent”.
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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.