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Who is the governing body for American football in Bahamas?
THE war of words between local football organisations continues with the Commonwealth American Football League (CAFL), the latest to weigh in on the controversy.
$10m BDR cap rise for broker/dealers
The Central Bank is preparing to increase the sum granted to local broker/dealers for investments outside the Bahamas by $10 million per annum as part of further exchange control liberalisation.
Regulators propose BTC connect change
Regulators are proposing that the Bahamas Telecommunications Company (BTC) change its standard interconnection offer to rival carriers to facilitate upcoming mobile market competition.
Bahamasair in 34% loss slash
Despite slashing losses by almost 34 per cent for its 2014 financial year, Bahamasair’s best-performing international route is set to take a major hit from the new US opening with Cuba.
QC: Is Gov’t admitting ‘fiscal irresponsibility’?
An outspoken QC yesterday questioned whether the Government has confessed to “fiscal irresponsibility and negligence”, after a Cabinet minister asserted that revenues collected from Freeport are insufficient to meet public expenditures in the city.
Lawyers file for mistrial of former Turks & Caicos Premier
LAWYERS for former Turks and Caicos Islands Premier Michael Misick will formally file for a mistrial in his high profile corruption case in Providenciales today, the Turks and Caicos Sun has reported.
Doctors tell Gov’t: ‘Verify’ $102m NHI primary care cost
Private Bahamian doctors were last night said to be demanding that the Government “actuarially verify” the costings it has developed for National Health Insurance’s (NHI) primary care and their compensation.
Super Value fears sandwich via price ‘collision course’
Super Value’s owner says the Value-Added Tax (VAT) Unit and Price Control are “on a collision course”, and fears his business will be caught “in the middle”.
FNM fears toll on resort staff awaiting job cut news
BAHA Mar’s plans to potentially reduce its workforce by over 90 per cent if it is unable to resolve its dispute with its Chinese partners will take a toll on the “mental and physical health” of its employees, FNM Chairman Michael Pintard said yesterday. He said no effort must be spared on the government’s behalf to prevent the staff cuts.
Gardiner, Gibson in winning form heading to IAAF Worlds
JEFFERY Gibson, shaking off his disappointing anchor leg on the men’s 4 x 400 metre relay at the Pan Am Games, and Steven Gardiner, continuing his red hot season, showed that they are still in great form and eager to head to Beijing, China, for the IAAF World Championships later this month.
Store owner says social services card has cost him $60,000 in business
A DISGRUNTLED department store owner yesterday accused the government of “discrimination” for allegedly excluding his store from the list of shops to be recognised by the new Social Services pre-paid debit card.
National debt breaches 70% ‘danger threshold’
The Bahamas’ debt-to-GDP ratio had breached the so-called 70 per cent ‘danger threshold’ at year-end 2014, the Central Bank has revealed.
CIBC chief: Banks ‘convenient targets’ for tax, politicians
CIBC FirstCaribbean’s regional chief yesterday said commercial banks were “convenient targets” for increased taxes and scapegoating by politicians, warning that this slowed their bottom line recovery.
Nathan Bain returns to Sunrise for prep season
THE latest on the list of prep to collegiate basketball stars to go from the Bahamas to Sunrise Christian Academy to an NCAA Division I programme looks to have an immediate impact on his team this fall. Recently concluding his high school career in Witchita, Kansas, Nathan Bain discussed his decision to withdraw from a previous commitment to Colorado State, return to Sunrise for a prep season, and eventually signing with the Stephen F Austin University Jacks programme for the Fall 2015 semester.
Cable targets largest ‘new money’ raise
The $60 million Bahamian dollar component of Cable Bahamas’ latest preference share issue will be the largest ‘new money’ placement by a private company if fully subscribed, its financial advisor saying there had been “a very positive response” by investors.
Cable breaks B$ record despite being $7m short
Despite missing its combined target by $7 million, Cable Bahamas’ preference share issue was yesterday described as the “largest amount” of new Bahamian dollars ever raised from this nation’s capital markets by a private sector entity.
More than 1,000 queue for a few dozen jobs
MORE than 1,000 people queued up outside Sandals Royal Bahamian Resort in Cable Beach yesterday for the resort’s career fair despite the limited positions available.
PM: Banks ‘complicit’ on unchecked consumer debt
PRIME Minister Perry Christie yesterday blasted commercial banks and other private lenders for being “complicit” in creating an “out of control consumerist culture” that has left many Bahamians burdened by unsustainable personal debt.
Cable to BTC controller: ‘We’ve proven ourselves’
Cable Bahamas last night shrugged off efforts by the Bahamas Telecommunications Company’s (BTC) controlling shareholder to dismiss the potential competitive threat it poses in the mobile market, saying: “Our record speaks for itself.”
Florida Panthers 'puck up' a smile at youth clinic
SCORE another major professional franchise for the Ministry of Tourism’s Sports Tourism department as the organisation played host to the Florida Panthers of the National Hockey League.
