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Banks see 30% profits increase
Bahamian commercial banks collectively enjoyed a 30 percent year-over-year profit increase to $109.2m during the 2023 second quarter due to rising interest income, it was revealed yesterday.
Coral restoration drive to boost ‘blue’ economy
The Ministry of Tourism yesterday partnered for a coral reef restoration drive that aims to boost sustainable tourism and the 23 percent of Bahamian economic output generated by the ocean economy.
Atlantis supervisor of woman on jury duty scolded by Judge
A SUPREME Court judge in the Adrian Gibson corruption trial declined to fine an Atlantis supervisor yesterday, but reprimanded her for allegedly telling a juror to take vacation leave while on jury duty.
Cases of sex infections reduced over ten years
THE public healthcare system recorded 2,169 sexually transmitted infections in 2022, 61 per cent –– or 1,320 –– of which were syphilis cases.
PAHO Director Emeritus Dr Carissa F. Etienne dies
The Pan American Health Organization announced on Friday that Director Emeritus Dr Carissa F. Etienne has died.
Gov’t ‘betting on ability’ to prove the IMF wrong
The Government is “betting on our ability” to hit its fiscal targets, a Cabinet minister asserted yesterday, predicting that the Opposition and other critics will “be wrong again”.
REGATTA TIME AGAIN: Best-of-the-Best off to great start in Montagu Bay
The sixth Best of the Best Regatta lived up to the hype on day one of the sloop sailing event. Skippers and their crew members were in top form on the waters at Montagu Bay, competing in Class A, B, C and E.
WSC worker denies being coerced to testify against Gibson
A SENIOR employee at the Water and Sewerage Corporation denied a defence attorney’s suggestion yesterday that she was coerced into giving evidence against Adrian Gibson and his co-accused to avoid being charged in the case.
Judge to summon employer to court after claim that juror would be made to use vacation time during Gibson trial
A SUPREME Court Judge has summoned a major employer to court for reportedly telling their employee, a sitting juror in Adrian Gibson’s corruption trial, that their time off for jury duty will count as vacation leave.
Nipped in the Bud: Brewery reversal over 40-year tie-up
Commonwealth Brewery yesterday suffered a reversal as the Court of Appeal sided with Budweiser’s global parent in the dispute over the termination of their 40-year Bahamian distribution deal.
Witness that testified against Gibson admits to being questioned by police on fraud
A SENIOR engineer at the Water and Sewerage Corporation (WSC) who has given testimony harmful to Adrian Gibson and his co-accused admitted police questioned her for suspected fraud last year.
Block on former Tribune editor’s pension will be investigated, says NIB
NATIONAL Insurance Board chairman Philip McKenzie said the board will investigate former Tribune managing editor John Marquis’ complaint that his pension payment has been blocked “for no good reason”.
IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
Gov’t unveils $1m grant to boost ‘food security’
The Small Business Development Centre (SBDC) yesterday received $1m in grant funding that will be distributed between small and medium-sized businesses to boost Bahamian “food security”.
Junior tennis players off to college showcase in Maples
SEVEN of the country’s top junior players are heading off to Maples, Florida to participate in a college showcase, thanks to their involvement in Island Tennis Bahamas at the Atlantis resort on Paradise Island.
Spartans win Baha Mar Hoops crown
University of North Carolina at Greensboro Spartans’ forward Mikeal Brown-Jones called the Baha Mar Hoops Nassau Championships one of the greatest tournaments he’s ever played in.
Sixth Best of the Best Regatta in Montagu Bay this weekend
WITH sailing now officially declared the national sport of The Bahamas, the hype has intensified as the skippers and their crew get their boats ready to compete in the sixth Best of the Best Sloop Sailing Regatta in Montagu Bay this weekend.
Bahamasair launches flight to open Exuma
Bahamasair last Wednesday launched its inaugural service between Fort Lauderdale and Georgetown, Exuma, with around 50 passengers on the flight.
ONE ELEUTHERA FOUNDATION – The lurking danger of margarine
IF corn were to be wiped from the face of the earth by a maniacal pathogen, we Bahamians would be lost for breakfast. On just about every restaurant menu throughout the archipelago, one can find “boiled fish”, “stewed fish”, “corned beef”, “tuna”, and “steamed sausage”, all traditionally served with grits.
Bahamas broker’s clients: ‘We’ll be left with nothing’
Deloitte & Touche liquidators and their attorneys have been awarded over $1m in costs despite clients of a collapsed Bahamas broker/dealer voicing fears this payment leaves nothing for them to recover.
