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NIB rate hikes ‘totally impossible’ to absorb
Bahamian businesses have warned it is “absolutely impossible” to absorb the contribution rate increases required to save the National Insurance Board (NIB), adding: “The can’s been kicked to pieces at this point.”
CRUISE CONTROL: Shaunae Miller-Uibo wins 400m heat at Worlds
TWO-time Olympic champion Shaunae Miller- Uibo got out fast enough that she had more than enough real estate between the rest of the field for her to cruise home in the heats of the women’s 400 metres at the World Athletics’ 2022 World Championships.
Motivational speaker to launch series of events
INTERNATIONAL motivational speaker, trainer, and author Mitch Carson expects to launch a series of live speaking events in The Bahamas to transform lives, while helping speakers build their personal brands internationally.
Jones and Hornets end Summer League with 2-3 win-loss record
KAI Jones and the Charlotte Hornets concluded the NBA2K23 Las Vegas Summer League with a 2-3 win-loss record.
DEREK SMITH: Building compliance for global workforce
Despite the changes in a company’s day-to-day workflow due to technological progress, the backbone of a successful corporation remains its trained and engaged workforce.
Team Bahamas beaten by Dominican Republic
THE Bahamas women’s national basketball team will have to play for the bronze medal on Sunday at the FIBA Caribbean Women’s Championships after losing to the Dominican Republic in their semifinal playoff game on Saturday.
WORLD CHAMPIONSHIPS: Bahamian athletes in action on day one
THE Bahamas, with a mixed relay team and three individual athletes, didn’t have a successful negotiation through the qualifying rounds of their respective events to advance on Friday as the World Athletics’ 2022 World Championships got underway in Eugene, Oregon.
Nassau hotel demand jumps 27% in Florida
Connections to Nassau/Paradise Island hotels through their promotion board’s website have leapt 98 percent for 2022 to-date, the latter’s chairman revealed yesterday, predicting that business will further “ramp up” into early 2023.
Give Bahamians ‘direct’ carbon manager equity
Opposition MPs yesterday urged that “ordinary Bahamians” be given an opportunity to directly own shares in the company being created to manage this nation’s multi-million dollar carbon credits and their trading.
BPL Skyguard Severe Weather Alert 15th July: Nassau – extended
STARTS: 07/15/2022 8:20 AM EDT EXPIRES: 07/15/2022 5:30 PM EDT
Pacers agree to sign Deandre Ayton to $133m deal
Deandre Ayton remains the biggest restricted free agent on the market and is just hours away from finding out whether he will have a new NBA home alongside “Buddy” Hield in Indiana or return to the Phoenix Suns.
Man in court on incest charge
A MAN was arraigned in a Magistrate’s Court yesterday for allegedly having sexual intercourse with his underaged sister.
Suspect accused of stealing $80 of women’s underwear given $1,000 bail
A MAN was granted $1,000 bail yesterday for allegedly stealing $80 worth of ladies underwear from a store on Robinson Road.
Donald Thomas first to compete for Bahamas at World Champs
THE stage is set for Team Bahamas as competition gets underway today at the World Athletics’ 2022 World Championships in Eugene, Oregon, the first time the event is being staged in the United States of America for the first time since it officially got started in 1983 in Helsinki, Finland.
Pro basketball players Munnings, Davis headed to new clubs in France
A PAIR of national team members from the recent FIBA World Cup ‘23 Americas Qualifiers will head to new locations when they resume their pro careers in Europe.
STATESIDE: Roll up, roll up for the great game of ‘pick your nominee’
“I’M just disgusted by what’s happening in the US,” the Bahamian lady said over the telephone. WhatsApp, of course. “What a colossal mess! You know, I heard the other day someone was talking, and they said that the Democrats actually figured out how to entice the conservatives on the Supreme Court to vote on Roe v Wade right now, because it’s the only thing that can prevent a Republican takeover of Congress in November.”
Cheque volumes fall 7.5% annually over past decade
The Central Bank’s governor yesterday said cheques cleared via the Bahamian banking system have decreased by 7.5 percent annually over the past decade with businesses, especially, dropping an instrument “very susceptible to fraud”.
Development Bank aided by $20m NIB bond switch
Some $37m in Bahamas Development Bank (BDB) bonds held by the National Insurance Board (NIB) were converted into a long-term 20-year loan as the lender’s solvency deficiency rose to $13.629m at year-end 2020.
Can you help pets in need?
GRAND Bahama animal shelter is being forced to put to sleep more than half of the animals being taken to the centre.
NIB fund hit for $190m by COVID
A $190m deficit blow-out triggered by COVID-19 resulted in the National Insurance Board’s reserves slumping to $1.54bn at year-end 2020, it can be revealed.