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S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts

Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.

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Who had the greatest NCAA tourney runs in Bahamian basketball history?

WHAT Buddy Hield and “Tum Tum” Nairn have done for Bahamian basketball has captivated the country. They’re the first players of the social media age to bring this spotlight to the Bahamas in the most media saturated and commercially profitable event not called the Super Bowl.

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Minnis: Where did $100,000 cash come from for BEC payment?

OPPOSITION leader Dr Hubert Minnis yesterday renewed calls for an investigation into the $100,000 cash payment made to the Bahamas Electricity Corporation.

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Cable: URCA regulations ‘impede’ mobile roll-out

Cable Bahamas has warned that the Utilities Regulation and Competition Authority’s (URCA) own infrastructure sharing regulations will prevent the winning mobile bidder from meeting the Government’s “ambitious” network roll-out targets.

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All ‘milestones’ come Aliv for mobile player

The Bahamas’ second mobile operator said yesterday it had met all “milestones and obligations” for cellular coverage and infrastructure roll-out as required by its license, its sales and marketing head arguing it has “the best network in the Caribbean”.

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Worst case would be 400 infected: Sands predicts scenario if virus breaks out here

HEALTH Minister Dr Duane Sands predicted a possible worst-case scenario of 400 confirmed cases of the novel coronavirus in The Bahamas, but stressed if the disease spreads here most people will not need hospital admission.

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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”.

Obit

Catherine Elizabeth Conyers Wilson

Retired Nurse Catherine Elizabeth Conyers Wilson, 80 a resident of #28 Moon Shine Drive Sunshine Park and Formally of Nicholls Town, Andros, will be held at St. Agnes Anglican Church, on Friday, October 2nd, 2015 at 10:00 a.m. Officiating will …

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BISX listee in talks to settle SEC litigation

A BISX-listed company’s principal yesterday said there was “quite fertile ground” to reach an out-of-court settlement with US federal regulator’s over its subsidiary’s alleged involvement in a $400 million financial fraud.

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Woman, aged 96, dies of COVID-19

OFFICIALS reported another COVID-19 related death yesterday.

Obit

HENRY JOEL MILLER

Funeral Service for the late HENRY JOEL MILLER age 73 years of #2 Blue Bonnet Estates, South Beach will be held on Sunday, April 24th, 2016 at 11:00 a.m. at Good News Seventh Day Adventist Church, Flamingo Gardens. Officiating will …

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McMinns helps Axemen to 38-24 victory over the X-Men

EUGENE McMinns continues to display his versatility for the Acadia Axemen on a weekly basis.

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NPBA: YES, Commonwealth Bank Giants are undefeated

YOUR Essential Store (YES) and Commonwealth Bank Giants are both still undefeated in the New Providence Basketball Association.Coming off the Christmas break, the Giants highlighted NPBA action Saturday night as YES pounded the Triple K Stampers 105-

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Career high for Cornish as Seawolves snap up win

A career night from Jaron Cornish powered the Stony Brook Seawolves to its eighth win in conference play, highlighting the weekend for Bahamian student-athletes in NCAA Division I basketball.

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Well-known Bahamian businessman Ken Perigord dies age 68

KEN Perigord, a well-known Bahamian businessman and benefactor, died on Monday afternoon at his home of cancer. He was 68.

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Man shot dead at Grand Bahama nightclub

The country has recorded its second murder of 2018 after a young man was shot dead outside a popular nightclub in Freeport, Grand Bahama.

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Elderly woman raped at home

AN elderly woman was raped in her home by a male assailant Wednesday night, police said.

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Sports Notes

WITH the shortened regular season completed, the Baptist Sports Council is slated to begin its postseason in the Banker’s Field at the Baillou Hills Sporting Complex on Tuesday night.

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Bahamas now ‘Priceless’ for MasterCard clients

THE Bahamas has been added to MasterCard Worldwide’s ‘Priceless Cities’ global platform, with the credit card company annoucing its ‘Find Your Way’ programme had evolved into ‘Priceless Bahamas’.

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Hield, Ayton and Jones active in NBA preseason debuts

NBA basketball is officially back and all three Bahamian born players in the league were active as their teams made their respective preseason debuts.