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We’re ready to take a hit on sale price
THE government has given itself a little over a month to close bids for the sale of the Grand Lucayan, according to Hotel Corporation chairman Michael Scott.
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Sports in brief
THE Bahamas Association of Independent Secondary Schools’ best-of-three basketball playoffs is slated to continue today at Kendal Isaacs Gymnasium.
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Commercial banks to acquire 80 per cent of restoration bond
Some 80 per cent or $120 million of the Government’s Hurricane Restoration Bond will be raised from the commercial banks, the Government yesterday confirming the offering’s multi-tiered nature.
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Regulators sweep defending champions Stingers 102-97
THE New Providence Basketball Association will crown a new champion after Mr Ship It Freight completed a two-game sweep of the defending champions PJ’s Stingers in their best-of-three first round playoffs at AF Adderley Gym last night.
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Junior Jumpers put their skills to the test
Junior Jumper riders put their skills to the test at the Equestrian Bahamas Jumper Show I at Mariposa Stables on Sunday.
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Baha Mar gets $2m severance pay nod
Baha Mar yesterday obtained Bankruptcy Court authorisation to pay almost $2 million in severance monies, with July 20 now seemingly set as the date that will determine the fate of several thousand employees.
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'No silence' on job cuts
THE government is “not going to be silent” about the nearly 20 persons who were laid off from the Grand Bahama Power Company last week, Prime Minister Perry Christie said yesterday.
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Revamped Employment Exchange to launch July 1
The Department of Labour’s revamped and modernised Employment Exchange is expected to go live on July 1, its director said yesterday.
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Cadot and Rose both on the move
A pair of senior men’s national basketball team members were on the move recently as they signed with new clubs in Europe.
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Penalised broker 'trampled on' by the Commission
A Bahamas-based broker/dealer yesterday said it had been left "vulnerable" and "exposed to liability" from Canadian sanctions as a result of the Securities Commis
Obit
Couley Ferguson
Couley Ferguson, age 98 of East Street and formerly of Snug Corner, Acklins died at her residence on Sunday, March 15th, 2015. She is survived by her [6] Children: Oralene Andrews, Bishop Nelson W. Ferguson, Una McQuay, Deacon Ivan Ferguson, …
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TOUGH CALL: Is it time for FNM to change horses or hold a steady course?
WITH less than eight months to the next British general election, the opposition Labour Party appears to be having buyer’s remorse over its choice of leader. In fact, there are some interesting parallels with the political situation here.
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Sports in brief
THE lanes at Mario’s Bowling & Entertainment Palace were on fire Monday night as the City Bowling League continued its regular season action.
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QC Comets win BAISS swim meet
THE Queen’s College Comets emerged as the winners of the Bahamas Association of Independent Secondary Schools (BAISS) swim meet at St John’s College last week.
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CR Walker Knights, Tigers take early lead after day 1
THE 25th Annual GSSSA Track and Field Championships got underway yesterday in a return to the format with both junior schools and senior schools competing simultaneously.
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Jones named in tournament team
In his final season of prep basketball before his progression to the collegiate ranks, Kai Jones continues to build on his skillset and earn accolades.
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Insolvent adviser meets just 25% of $1m liability
An insolvent Bahamas-based investment advisor has been placed in Supreme Court-supervised liquidation due to its remaining cash balances covering less than 25 percent of its $1m-plus liabilities. Ed Rahming, the newly-appointed liquidator for Pacifi
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800 job applications for new mobile player
Cable Bahamas had received around 800 applications for jobs with the nation's second mobile provider by end-last week, it was revealed yesterday, and is confident the new operator can beat its financial targets.
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CLASH OF THE TITANS: Buddy Hield and the Kings top Deandre Ayton and Suns, 122-105
PHOENIX, Arizona — The much anticipated first NBA regular season game featuring two Bahamian born players quickly turned into a lopsided win for Buddy Hield and his Sacramento Kings.
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$100m Cable offer oversubscribed on its launch day
Cable Bahamas’s $100 million preference share issue was oversubscribed on its first day, but Bahamian institutional investors were yesterday urged to continue buying in as the company will “take what it can get”.
