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‘WE’RE COMING FOR OUR MONEY’: $100m student loan debt forces hiring of collection agency
The Education Loan Authority's (ELA) delinquency recovery rate needs to increase seven-fold, a Cabinet Minister admitted yesterday, with Bahamian taxpayers "on the hook for $100m".
Gibson leads Huskies to two victories
Qyemah Gibson has emerged as an offensive leader for the St. Mary’s Huskies this preseason and has set the tone for lofty expectations in the 2021 campaign.
Owners ‘very aggressively’ marketing ex-Ginn project
The former $4.9 billion Ginn sur Mer project is being “very aggressively marketed” to targeted potential purchasers, Tribune Business was told yesterday, with a $75-$80 million outlay likely to acquire the entire property.
Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
Fishers Alliance makes conch protect proposals
A BAN on conch exports could stem the Bahamas’ conch population decline, the Commercial Fishers Alliance’s (BCFA) president yesterday disputing the reported 80 per cent fall. Adrian LaRoda told Tribune Business that such a ban was one of several prop
Woman who hurt ankle awarded $70,000
THE Supreme Court has awarded more than $70,000 in damages to an elderly woman who suffered ankle injuries after falling down a utility conduit at Arawak Cay nearly nine years ago.
GB Power: 80% of Freeport grid survives Dorian
Grand Bahama Power Company’s (GBPC) chief executive said the restoration of customer supply would begin yesterday evening after 80 percent of its Freeport grid infrastructure survived Hurricane Dorian. Dave McGregor, the utility’s chief executive, c
More web shops a ‘thing of the past’
A Bahamian web shop operator yesterday said the industry should reduce its need for physical gaming house locations by conducting its business electronically, adding that 80 per cent of its business came from online.
$4.5m hall to accommodate 80 students in Grand Bahama
THE opening of the $4.5m Hawksbill Hall at the University of The Bahamas’ northern campus marks the transition of the Grand Bahama institution from a commuter campus to a residential one, providing accommodations for over 80 student residents. Dep
Crimestoppers defeat the Cybots
THE Police Crimestoppers pulled off a huge 102-89 victory over the Bamboo Shack Cybots to cut the Bahamas Government Departmental Basketball Association’s best-of-seven championship series to 2-1.
Baha Mar interest like ‘beauty parade’
A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.
Donations pour in to Save our South
“THE Furniture Plus warehouse was empty last night, and look at it now. It’s filled to capacity for tomorrow for thousands of pounds of supplies to be flown out to those in such dire need.”
Bahamas urged to adopt corporate ‘rescue culture’
The Bahamas needs to begin moving towards a “rescue culture” and create Chapter 11 -style legislation that will allow companies to restructure rather than go into receivership or liquidation, a senior Bahamian accountant argued yesterday.
Sports Notes
THE most valuable players (MVP) in City Bowling League competition last night was a red hot Kevin B Williams of Genuine Knights who mowed down the pins for a 270 second high game and a gigantic 708 three game set.
Children are our future
Thank you for your support, as it relates to building a better and stronger Bahamas, knowing that your newspaper’s letters column does play a vital role in the development of The Bahamas and the way forward. Again thank you for your space.
Portraits draw the crowds to ‘Sports Legends Walk’
ONE of the highlights of last week’s naming ceremony of Mychal Thompson Boulevard was the unveiling of 28 specially commissioned portraits by Jamaal Rolle of Bahamian sporting stars adorning the “Sports Legends Walk” at the Queen Elizabeth Sports Centre.
Prayer walk for Baha Mar
As social ills and other challenges continue to put a strain on the country, the Trinity City of Praise and the Commonwealth and Global Prayer Grotto are aiming to keep the faith through prayer.
Baha Mar liquidators: We won’t submit to Delaware
Baha Mar’s provisional liquidators have warned the Delaware Bankruptcy Court that they will not submit to its jurisdiction, and that they will challenge the “jurisdiction” of its decisions and Orders over them if necessary.
Bank not obligated to provide further Baha Mar finance
Baha Mar’s $2.45 billion lender yesterday said the developer had contractually committed to financing any cost overruns on the project, and it was not obligated to provide further money.
Brackets are released for 2015 Battle 4 Atlantis
THE brackets have been released for the 2015 Battle 4 Atlantis, giving us insight to the first round matchups as teams prepare for the eagerly anticipated fall classic at the Atlantis resort on Paradise Island November 25-27.
