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$83m deal signed to reduce water and sewer leaks
THE Water and Sewerage Corporation has signed an $83 million contract with Miya/Veritec to reduce the substantial leakage from its distribution system. Glenn Laville, general manager of WSC, said the contract was made possible by a $81 million loan agreem
Summer of Thunder: Knights top the Fighting Missionaries 103-92
FOR the third time in the 2014 edition of the Bahamas Basketball Federation’s Summer of Thunder series, a local team has topped a visiting NCAA programme.
Cornish posts career highs, one of Seawolves' leading scorers
JARON Cornish has excelled in recent weeks in an increased role with the Stony Brook Seawolves and after a series of career highs, has become one of the team’s leading scorers on the season.Cornish is second on the team on the team in scoring at 11.1
Carnival cost nearly $10m
FOUR months after Bahamas Junkanoo Carnival, officials from the Bahamas National Festival Commission have finally released key financial details surrounding the event, revealing the total cost was $9.8m with a government subsidy of $8.1m.
Henfield shocked to be on loan list
SENATOR Ranard Henfield has been included on a list of people with outstanding delinquent loans to the Education Loan Authority. His name was included alongside 98 others in a notice published in a local newspaper yesterday. “We have not been able
'Risk' broker may not return investor funds
There is a “legitimate risk” that a BISX-listed broker/dealer may not return funds caught up in a $340 million Ponzi scheme to their rightful owners, court documents obtained by Tribune Business have alleged.
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
SANDALS SAYS $84-$85M SPENT ON EMERALD BAY
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net SANDALS has invested between $84-85 million in its Emerald Bay property on Exuma to date, its chairman telling Tribune Business the resort's occupancy levels were in the 70 per cent
Teachers left in limbo with no schools
DESPITE the fact that a significant number of new teachers are still awaiting confirmation, three days into the new school year the ongoing teacher shortage continues to be an issue affecting classrooms nationwide, Bahamas Union of Teachers President Belinda Wilson said yesterday.
Whylly and Hurricanes ranked No.6 in latest CCAA top 15 poll
ROOSEVELT Whylly and the Holland College Hurricanes men’s basketball programme remain nationally ranked into the winter holiday break.
Benchmark denies 'material impact' via client's liquidation
BENCHMARK (Bahamas) yesterday said the Supreme Court-supervised liquidation of one of its key clients would “not have a material impact” on its financial position or “long-term development”, expressing confidence that it would achieve long-term business development goals.
Bahamas earns 83-82 FIBA win
A shorthanded Team Bahamas, reduced to just nine players, delivered their best performance and the team’s only win of the FIBA 2019 World Cup Qualifiers. Buddy Hield and Travis Munnings led five players in double figures with 19 points apiece and th
MICHELLE MILLER MOTIVATIONALS: Your perception is your reality
Many people say that perception is 99 per cent of reality. If you think this is true then what you call reality only amounts to a measly one per cent. For this reason, people live according to their perceptions not their so-called reality. Better said, for all intent and purposes there’s really no reality, only your perception of reality.
Legal threat to $5m benchmark pref equity
Liquidators for an alleged multi-million dollar ‘Ponzi’ fraud are threatening legal action to force a BISX-listed company to unwind, and return, a $5 million investment that accounts for 100 per cent of its preference share capital.
Man accused of unlawful sex with girl
A BAHAMIAN man was arraigned in a Magistrate’s Court yesterday charged with procuring a minor for the purpose of unlawful sexual intercourse.
Giants stay undefeated, Bucket take upper hand in semis
THE Commonwealth Bank Giants stayed undefeated and the Aliv Bucket took the upper hand in their respective best-of-five semi-final playoff series as the New Providence Basketball Association played a double header on Monday night.In the men’s divisi
Bahamian banks in correspondent hit
Bahamian financial institutions are facing “heightened due diligence” from their correspondent banks, with some revealing this has negatively impacted their operations in areas such as remittance services.
Pintard urges responsible comments by government
FNM chairman Michael Pintard yesterday called on government members to be more responsible in their public pronouncements about the Baha Mar project.
Olympic pioneer sends message to Atlantic College graduation class
A SURPRISE videotaped message from Sir Durward Knowles, the first Bahamian Olympic gold medal winner, encouraged more than 70 graduates from Atlantic College’s class of 2015 last week.
Cable restored almost 100% on New Providence
Cable Bahamas yesterday said it had restored services to almost 100 per cent of its customers on New Providence, Eleuthera, Andros and Bimini by Tuesday afternoon.
