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BISX-listed Fund eyes restart for dividends after 15-year gap

The BISX-listed Bahamas Property Fund’s Board will within the next month receive a recommendation to resume investor dividend payments after a 15-year hiatus following completion of its $8m preference share financing.

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Chavez Young homers on rehab assignment in Single A

CHAVEZ Young continues to work his way back from an early season injury in his second stint with the Dunedin Blue Jay of the Single-A Florida State League.

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Jonquel Jones and Sun start fast, breeze to 92-70 victory over Fever

JONQUEL Jones’ individual numbers are short of her MVP pace from a year ago, but a more balanced Connecticut Sun has surged ahead of the WNBA’s Eastern Conference standings.

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Miller: Slow progress on Olympia Heights

MORE than two months after a $1.2m contract was signed for the placement of infrastructure and development at Olympia Heights, Olympian Ramon Miller said there is still much more work to be done as construction has slowed down in the area.

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Buddy: I’m playing for Team Bahamas

BUDDY Hield is spending a part of his off-season at home on a talent search for his youth basketball programme but also announced his intention to return to international competition for team Bahamas.

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STATESIDE: A different kind of politician for Washington

JOHN Fetterman doesn’t look like a Washington politician. And that’s an understatement.

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$636,000 budget for Royal visit

THE government earmarked $636,194 to honour all expenses associated with their Royal Highnesses‘ visit to The Bahamas in March. However, as of Monday, May 16, approximately 96 percent or $625,186 of the money has been paid out.

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Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

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Jones and Sun win Liberty rematch

Jonquel Jones and the Connecticut Sun exacted revenge for an opening day loss and looked like a dominant title contender in an early season rematch with the New York Liberty.

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Mixed fortunes for Bahamian pro basketball players in Europe and South America

This week produced varying results for Bahamian pro basketball players as their postseason runs continued in their respective leagues throughout Europe and South America.

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Ministry holds meetings over school violence issue

EDUCATION Minister Glenys Hanna Martin said her ministry plans to meet with several stakeholders this week to discuss concerns related to school violence and how government plans to respond to the issue.

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HUBERT EDWARDS: The low growth, high debt trap

In the first article we assessed some of the consequences from a high, and growing, national debt. With The Bahamas’ debt-to-GDP ratio expected to remain above 80 percent over the mid-term at least, the question that dominates is the extent to which this is sustainable.

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New Providence or New Orleans?

I saw Twitter images of severe flooding throughout parts of New Providence over the weekend. I believe it was a meteorologist who told either The Nassau Guardian or The Tribune that the severe flooding caused by torrential rains was a hurricane drill for New Providence residents. As a resident of Grand Bahama who lived through Hurricanes Francis, Jeanne, Matthew and Dorian, I want Nassau residents to understand that the recent flooding in their communities is nothing compared to the flooding the aforementioned cyclones brought to our island.

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Junior National basketball team prepares for Puerto Rico

THE Bahamas Basketball Federation’s junior national basketball team is preparing to travel to Puerto Rico next month for the Centro Basket Under-15 Girls Tournament and according to coach Varel Davis, they will ensure that they have the best players selected.

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PM renews assault on COVID food initiative

The Prime Minister yesterday renewed his assault on “astounding” deficiencies with the COVID-19 food assistance initiative even though a 138-page audit report produced no evidence of corruption, fraud or misappropriation of funds.

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‘Lord knows’ Freeport requires tourism scale

An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”

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What Next for Cryptos?

ActivTrades

As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

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$10M IN FUNDING ‘VANISHED’: Prime Minister claims NGOs have not submitted accounts

PRIME Minister Philip “Brave” Davis said two non-governmental organisations have not submitted records to give an account of the combined more than $10m they received from the former Minnis administration under its national food programme.

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Back with a win as Isaacs Jr rejoins New Jersey Jackals

TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.