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Distressed debt acquirer's unsecured loan expansion
A “bad mortgage” acquirer is aiming to further relieve distressed borrowers and their lenders by expanding into unsecured loan purchases, it was revealed yesterday.Sir Franklyn Wilson, whose group is one of the investors behind Gateway Financial, tol
Governor: Target ‘minimum’ 2% for GDP growth
The Central Bank’s governor yesterday said The Bahamas needs to target a “minimum” of two percent annual GDP growth as he called for “stronger inroads” into double-digit unemployment.
BTC 'exacerbates' $265m FDI decline
A $265 million decline in year-over-year net foreign investment (FDI) into the Bahamas is not as bad as it seems, the Central Bank’s governor yesterday saying that stripping out the BTC privatisation proceeds produced a more “modest” 7.6 per cent fall.
Two years, three months in prison for stealing and lying to officer
A MAN was sentenced to two years and three months in prison in Magistrate’s Court yesterday after admitting to stealing $88 worth of goods from a shop and lying to an officer.
Lilith Adderley, wife of former AG, dies aged 88
LILITH Adderley, widow of former Education Minister and Attorney General Paul Adderley, died Friday morning at the age of 88.
'Buddy' Hield enjoys courtside with Jones and Sun
JONQUEL Jones continues to garner recognition from WNBA fans, international media on pace for an MVP season, and a fellow Bahamian basketball icon was on hand to take in her latest contest and the bond between the two.Buddy Hield was courtside as Jon
‘Walk and chew gum’: Subsidies, debt cost $938m
The Bahamas “must walk and chew gum” on its fiscal and economic revival, a leading banker has warned, with $938.5m - one third of government spending - taken up by debt and subsidy costs.
Coleby honoured, Munnings named Player of the Week
It was a week of commemorative achievements for two of the Bahamas’ top collegiate basketball players as the NCAA regular season enters its final week.
Bank chief slams ‘selfish’ education loan deadbeats
The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.
CHARGED: Dorsett faces nine counts
FORMER Environment and Housing Minister Kenred Dorsett appeared in Magistrate’s Court yesterday accused of using his former ministerial position to extort and solicit $120,000 in bribes from Johnathan Ash.
One in custody, search for four others over robbery and assault of pastor
POLICE have one man in custody and are searching for four others in connection with the armed robbery and assault of Pastor Rex Major on Thursday morning.
Giants squash Great Whites 123-39
THE top team in Division I of the New Providence Basketball Association pulled off the most dominant win of the season. The Commonwealth Bank Giants had a 123-39 win over the BIBT Great Whites at the AF Adderley Gymnasium on Wednesday night. Adam J
Swimmer Davante Carey and Bearcats improve to 7-0
DAVANTE Carey had an active weekend for the McKendree Bearcats Swimming as the No.4 ranked team improved to 7-0 in dual meets this season.
Bahamas suffers loss to Dominican Republic
SENIOR MEN’S NATIONAL BASKETBALL TEAM IN FIBA WORLD CUP 2023 AMERICAS QUALIFIERS
Chavano “Buddy” Hield put on a show playing in front of the home crowd for the first time as a pro, but a fourth quarter rally from Team Bahamas fell just short as they lost the final game in the third window of FIBA World Cup 2023 Americas Qualifying opening round play.
Bahamian pro basketball players in Euro spotlight
BAHAMIAN pro basketball players across various leagues in Europe produced season highs in early season play for their new clubs.
Wiltjer leads Bulldogs to 80-64 win over Huskies in opener
THE opening session of the fifth annual Battle 4 Atlantis saw the favourites easily advance to the winner’s circle in a pair of dominating performances in the Atlantis resort’s Imperial Arena.
Conference aims to help develop tomorrow’s leaders
LOCAL environmental advocacy group Save the Bays is committed to creating strong environmental leaders and ambassadors on Grand Bahama, hosting a three-day leadership development conference for young people at the Pelican Bay Resort last Friday.
VIDEO: Freddie Ramsey charged in BEC contracts bribe case
A 78-year-old man denied collecting more than $500,000 in bribes over a four-year span concerning generator purchase contracts for the Bahamas Electricity Corporation (BEC) in Magistrates’ Court on Friday morning.
Technology on the menu for Bahamas entrepreneur
FRED Lightbourn, owner of The Poop Deck at Sandyport, has been in the restaurant business for 30 years so has a wealth of experience of customers’ dining tastes, likes and dislikes.
