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RICHARD COULSON: Investors need more Cable issue details
A welcome development for our capital markets is the recent announcement by Cable Bahamas of its one-for-eights rights offering to its existing shareholders.
‘Quality shoppers’ biggest challenge for Bay St retail
Major Bay Street merchants yesterday said had few complaints over the duty-free shopping scheme implemented last August, although one retailer said attracting high-quality visitors willing to spend in the downtown area remains a “serious challenge”.
VIDEO: Close finishes set the tone for Hugh Campbell
The 33rd Hugh Campbell Tournament tipped off Monday night at the AF Adderley Gymnasium with a trio of close finishes to set the tone for this year’s event right away.
Sarkis: Receivers ‘not pursuing’ Baha Mar’s $192m claim
Sarkis Izmirlian is accusing Baha Mar’s receivers of “failing to properly pursue” the company’s $192 million damages claim against its contractor’s Chinese parent.
Cable gains 16,600 US clients post-deal
Cable Bahamas’ US business has added 16,600 new residential customers in the two years post-acquisition, and will provide the BISX-listed provider with combined revenue growth of more than 20 per cent over the next five years.
Epic victories for Bahamas Water polo teams in Florida
BAHAMAS Water Polo is celebrating after an epic last day at a prestigious tournament in Florida as both the Under-16 and the Under-14 boys teams won their respective place finals with sudden-death goals against formidable opponents.
PM slams Ingraham Gov’t on Hutchison GB port monopoly
The Prime Minister yesterday slammed the former Ingraham administration for granting a monopoly that complicated negotiations over Carnival Cruise Lines’ new east Grand Bahama port.
Freeport losing its ‘second city status’
The Government and Grand Bahama Port Authority (GBPA) were yesterday urged to work together to revive Freeport’s economy, an Opposition MP warning it had “just about lost its second city status”.
Dentistry for children
February is being celebrated as National Children’s Dental Health month. During the month, dental communities focus on the special dental needs of children.
Bank of Bahamas still violating key capital indicators
Long-suffering Bank of the Bahamas shareholders incurred a further $3.392 million loss during the final three months of 2015, with the institution still non-compliant with key capital ratios.
Gov’t ‘exhausts’ 95% of deficit projection
The Government used up 95 per cent of its projected 2015-2016 full-year deficit within the first five months, the Chamber’s chairman arguing this shows the Bahamas cannot escape its fiscal predicament via new taxes alone.
Bran blasts ‘spending like drunken sailors’
The Democratic National Alliance’s (DNA) leader yesterday accused the Government of squandering its Value-Added Tax (VAT) revenue boost, saying: “We seem to be spending money like drunken sailors.”
POLITICOLE: Bahamians are slaves to the master of tourism
WE are a servant society. Our primary reliance on tourism has led us to this place today. This is not a smear campaign against tourism, lest the tourism officials’ knickers become knotted.
Gone fishin’
The Bahamian people have misinterpreted the generosity of the Chinese munitions factories, and all one hears today is “what is the defence force going to do with all of those grenades” ?
Ministry of Tourism gives support to visitors on Zika
AS concerns mount over the explosive spread of the Zika virus in the region and the potential impact on the local populace and tourism industry, Ministry of Tourism officials have assured the public that they are being proactive.
Rescued: Baby manatee saved by researchers
RESEARCHERS turned rescuers when a baby manatee had to be untangled from fishing line in Spanish Wells, Eleuthera.
Three plead not guilty to $24,000 worth of food
THREE men were granted $5,000 bail in Magistrates Court on Friday after pleading not guilty to theft of more than $24,000 worth of food from a major distribution company.
Bank outsourcing: Middle class on ‘unstable footing’
The continued outsourcing of financial services jobs is placing the Bahamian middle class “on a very unstable footing”, the Opposition’s labour spokesman saying yesterday: “I don’t know how we’re going to arrest this.”
VAT revenues hit $271m for first 5 months
The $271.1 million in gross Value-Added Tax (VAT) revenues collected during the first five months of the Government’s 2015-2016 fiscal year slashed its fiscal deficit by almost 50 per cent to $134.1 million.
NPBA: Cybots holf off Caribs 84-81, Athletico tops the Legends 104-95
THE New Providence Basketball Association (NPBA) continued its regular season at the AF Adderley Gym Wednesday night. The Mail Boat Cybots and Athletico Bahamas earned wins in the double header.
