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The drug lord years in the Bahamas
A FLOUNDERING economy in the 1970s left the country desperate and encouraged some within the leadership of the governing PLP to to make the conscious decision to partner with drug lords, Majority Rule MP Ed Moxey told The Tribune.
Bahamas oil well creditors accept 84% debt hair-cut
Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.
Call to fix deficiencies in public health care system
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DEFICIENCIES within the public health care system need to be fixed first before any consideration is given to a 'national health insurance scheme,' a doctor telling Tribune Business
$73m ‘zero carbon’ project targets 36k annual visitors
A $73m investment is aiming to attract 36,000 guests per year at full build-out of a “zero carbon” residential and yacht community on an Exuma cay located just three miles from Georgetown.
Buddy Hield and Sooners into 'Sweet 16'
ONE of the most popular sporting events in America, the NCAA Men’s Basketball Championship tipped off with several Bahamian players figuring prominently in the first two rounds.
Buddy Hield named ‘Player of the Week’ in the Big 12 again
FOR the second time in what is becoming an illustrious career for the Oklahoma Sooners, junior guard Buddy Hield was named the “Player of the Week” in the Big 12 conference.
Bahamas 0-3 after 96-63 loss to Dominican Republic
The Dominican Republic caught fire from beyond the arch in the second half and, in particular, during a third-quarter run where they took control for good en route to a win in the latest World Cup qualifier.
$25m initiative to reverse 85% small firm credit rejection
A $25m Inter-American Development Bank (IDB) loan is aiming to reverse an 85 percent rejection rate on small business financing applications, it was revealed yesterday.
Top pitchers and batting champions take the spotlight
SIGMA Wildcats’ infielder Jeanette Hilton and Sting Truckers’ outfielder Lamar Watkins are the New Providence Softball Association’s 2014 ladies and men’s batting champions respectively.
NAD returns to $322m debt terms compliance
The Nassau Development Company (NAD) no longer requires a government "commitment" or waiver from its lenders after returning to full compliance with conditions governing its outstanding $322.313m debt at end-September 2022.
Standards Bureau may cost over $10m
The Government anticipates having the Bahamas Bureau of Standards (BBS) fully operational by year-end 2014, aiming to enhance the reputation of Bahamian-made products and ensure this market is not flooded with inferior imports.
Moody’s doubles down on ‘overly optimistic’ forecasts
Moody’s has doubled down on concerns that the Government’s Budget revenue forecasts are “overly optimistic” and that its debt servicing payments will be higher than projected due to the rise in global interest rates
Professional Bahamian basketball players shine in Asia, Europe
IT was an active weekend for Bahamian basketball across pro leagues in Asia and Europe as several players made their season debuts and others had season-high performances.
Bahamas’ FIBA 2022 AmeriCup qualification bid comes to an end
TEAM Bahamas experienced another fourth quarter collapse against Puerto Rico and saw their FIBA 2022 AmeriCup qualification bid come to an end.
Ayton, Coleby share similar homecoming experiences
THE Bad Boy Mowers 2017 Battle 4 Atlantis featured its traditional field of elite NCAA Division I programmes but it also served as homecoming experiences for DeAndre Ayton and Dwight Coleby.
16th anniversary celebrations of Prayer Grotto - Four days of fasting and breakthrough prayer
THE Commonwealth and Global Payer Grotto is celebrating 16 Years of prayer ministry to the nations. This quiet place of prayer, meditation and worship is the prayer ministry of Trinity City of Praise and is embedded in the hills of Nassau, overlooking the city.
Sports Notes
AS the Ministry of Education, Science and Technology gets ready for the hosting of the first National High School Basketball Tournament this weekend in Grand Bahama, Ozzie ‘the Sports Insider’ Simon has released the rankings of the top teams.
Bimini developer targets 150,000 visitors by 2016
JAMAICA- RESORTS World Bimini’s president yesterday said the development was expecting to attract between 125,000-150,000 visitors next year, benefiting from its parent’s North American strategy to capitalise on the ‘explosion’ of Asian visitors over the next four to five years.
Atlantis: No policy preventing hiring of Baha Mar staff
WHILE job security remains uncertain for the more than 2,000 Bahamians employed at Baha Mar, an Atlantis executive said the resort would consider hiring staff of the $3.5bn project based on its needs.
Paradise Island Open all set for Ocean Club this weekend
THE Atlantis resort on Paradise Island is proud to present The Paradise Island Open Golf Tournament at the Ocean Club Golf Course on Saturday and Sunday.