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EDITORIAL: Andros projects show our potential
LIKE buses, it seems you wait forever for a project in Andros, and then three come along at once.
Bahamas First sees Q1 losses increase 50%
Bahamas First yesterday blamed a decline in the value of its investment holdings and a $4.1m year-over-year reversal on its Cayman health insurance portfolio for a $1.344m first quarter loss.
Central Bank 'stretch' on borrower leniency
The Central Bank was yesterday said to have given commercial banks "a stretch" by urging them to be lenient with borrowers who show signs they may be able to resume repayments in 2021.
EDITORIAL: No more violence against children
THE video that showed adults at the Children’s Emergency Hostel beating the youngsters in their care was shocking enough – but yesterday added one further shocking twist to the incident.
Auditor General set to probe COVID spending
The government has pledged that the Auditor-General will probe all COVID-19 related spending and revenue losses in bid to uncover any “irregularities”, the International Monetary Fund (IMF) revealed.
Aliv gains network ‘ownership’ through $24m loan payback
Aliv has gained “ownership” of its mobile network equipment by paying off a $24m loan with the proceeds from long-term debt advanced by its controlling shareholder, its top executive has revealed.
ATLANTIS SALE IS ABANDONED: Owners take resort off the market and now plan to reinvest
Atlantis will not be sold "at this time", it was revealed last night, with its owner instead deciding to unleash a "significant" three-year investment strategy despite receiving multiple offers.
Bank warns 'efficiency' key to Bahamas' IFC survival
A Swiss bank that is selling majority control of its Bahamian subsidiary has told this nation to focus on regulatory and ease of doing business “efficiency” to improve its financial centre status.A SYZ Group spokesperson, responding to Tribune Busine
Ex-FNM minister: 6% unemployment rate 'improbable'
The prime minister’s pledge that the unemployment rate will be slashed to a 21st-century low of six percent within 18 months was yesterday branded “highly improbable” by an ex-FNM Cabinet minister. Zhivargo Laing, former minister of state for financ
EDITORIAL: Praise the helpers - and keep the support coming
SOMETIMES, there is little in the way of thanks for those trying their hardest to help others.
EDITORIAL: Having powers doesn’t mean you have to use them
THERE seems to be something of a conspiracy theory circulating over the government’s use of emergency powers.
Butters named Player of the Week
Grand Bahamian Shackeel Butters of Williams Baptist in Walnut Ridge, Arkansas, has been named the American Midwest Conference (AMC) Men’s Basketball Player of the Week.
Alarm as number of completed juvenile cases drops
ONLY five percent of juvenile cases were completed during the last legal year, alarming juvenile advocates.
Nassau shipping rates face impact 'for better'
The Nassau Container Port's top executive yesterday said Bahamian cargo shipping rates could be impacted "for the better" in early 2021 after a major carrier signalled its plans to service this market.
No protest 'ducking' by oil drill ship
Environmental activists yesterday said they were "extremely concerned" that time is rapidly running out to halt Bahamas Petroleum Company (BPC) after its drilling ship "ducked" their welcome.
BPL burden increase via new $246m loan
Bahamas Power & Light (BPL) is facing an increased financial burden after being made responsible for servicing a $246m loan that paid out government guaranteed debt.
Don't criminalise Asues, urges Opposition deputy
The Opposition's deputy leader yesterday urged the Government to clarify whether new laws will criminalise the Asue savings schemes long popular among many Bahamians.
Ex-governor: Reserves are 'surprisingly strong'
A former Central Bank governor says The Bahamas' critical foreign currency reserves are "surprisingly strong" at a level that is around $1bn higher than he had forecast.
PM: Minnis has no clue about governance
PRIME Minister Perry Christie chastised Free National Movement (FNM) Leader Dr Hubert Minnis on Friday, claiming the Killarney MP seemed to have no clue about governance in the Bahamas or how the Ministry of Finance functions.
Bridge Authority's $9.4m bond repayment deficit
The Paradise Island Bridge Authority requires $3.5 million in ‘emergency’ annual funding over a five-year period to cover a $9.4 million “deficiency” in its bond repayment fund.The Authority’s 2016 financial statements, tabled recently in the House o