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Cotton Bay revival targeting $12m yearly wage, tax boost
REPRESENTATIVES of the developer behind the Cotton Bay Club’s $200m revival have forecast that the project will generate an annual $12m economic impact in wages and taxes alone when fully operational.
Rumour has it
ActivTrades
The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
Businessman George Myers dies age 83
BUSINESSMAN, restauranter, and tourism mogul George Myers died peacefully at his home on Thursday at the age of 83.
Bahamas liquidators set to access ‘elusive’ FTX data
FTX’s Bahamian liquidators believe they will soon gain access to critical records that have “so far eluded them” while avoiding the risk of costly and time-consuming legal battles in Delaware.
Alcohol, drugs and gambling
In Jesus put all your trust, all your belief, and all your heart.
GSSSA champions crowned
CI GIBSON RATTLERS SENIOR BOYS VICTORIOUS, CH REEVES RAPTORS JUNIOR GIRLS WIN TITLE
The CI Gibson Rattlers and CH Reeves Raptors have regained bragging rights as the senior boys and junior girls champions in the Government Secondary Schools Sports Association’s best-of-three basketball championship series.
Sports Notes
THE New Providence Volleyball Association will begin its best-of-five championship series at the Anatol Rodgers Gymnasium on Sunday.
IAN FERGUSON: Why we must cherish our small businesses
Here are seven reasons to support micro and small businesses.
VAT health claims change may drain foreign reserves
THE changed VAT treatment on health insurance claims payouts could further drain The Bahamas’ foreign reserves by driving patients to seek care outside the country, a senior executive warned yesterday.
FRONT PORCH: Constitution matters and questions
“IT IS something which is very healthy and something which is very much in keeping with the democratic spirit of the country to periodically examine the Constitution and make changes which are likely to be to the benefit of the country over the long term.” – Sean McWeeney, chair, 2013 Constitutional Commission.
Bahamas ‘big part of the FTX puzzle’
FTX’s Bahamian operation was yesterday branded “a big piece of the puzzle that needs to get resolved” as its provisional liquidators successfully obtained US legal recognition for their ongoing investigations.
Hotel union eyes industrial agreement ‘red letter day’
The hotel union’s president yesterday said it will be a “red letter day” for its several thousand members when their now ten-year wait for a new industrial agreement with the main employer body is ended.
Man sentenced for two years for theft of $80
A MAN was sentenced to two years in prison yesterday after he admitted to stealing cash in a housebreaking in Andros late last year.
Rattlers win opener
SENIOR BOYS EARN 58-49 WIN OVER T-WOLVES, KNIGHTS BEAT CI GIBSON SENIOR GIRLS 47-46
After his senior girls got stunned by one point by the CR Walker Knights, CI Gibson Rattlers coach Kevin ‘KJ’ Johnson made sure his senior boys didn’t go down in the opening games of the Government Secondary Schools Sports Association’s best-of-three championship series.
Dorsett appointed tournament director of WBSC qualifier
FOUNDING president of the English-speaking Amateur Softball Confederation (ECASC) and former Bahamas Softball Federation (BSF) president Burkett Dorsett, who now sits as a commissioner on World Baseball Softball Confederation’s (WBSC) Technical Commission, has been appointed as the tournament director for the upcoming WBSC Qualifier/ECASC Championship February 28 to March 6, in the US Virgin Islands.
Electric auto dealer targets 30% of market in five years
A Bahamian dealer yesterday forecast that electric vehicles will account for 30 percent of all new auto sales within five years despite rivals’ concerns that this nation must first “catch up on the back end”.
‘It’s time to settle’ 11-year Gov’t compensation wait
A prominent realtor last night asserted “it’s about time for them to settle” after his family’s more than 11-year wait for compensation survived the Government’s bid to slash the payout by over $120,000.
John Kerry: US ‘delegation here to listen’
UNITED States special presidential climate envoy John Kerry last night told government officials at a welcome reception hosted by the US embassy that every country must join in the fight against climate change and do its part to respond to the crisis for the future generations to come.
Championship time
The Anatol Rodgers Timberwolves, CR Walker Knights, SC McPherson Sharks and the HO Lions got the job done in their sudden death playoff games yesterday at the Kendal Isaacs Gymnasium to book their tickets to the Government Secondary Schools Sports Association’s best-of-three championships.
Black Marlins Swim Club hosts Winter Invitational
THE Black Marlins Swim Club hosted its Winter Invitational at the Betty Kelly Kenning Swim Complex on Saturday. • Here’s a look at the top three finishers in the various events contested: