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He fought for us all
CHARLES W Saunders, described as a “giant in the religious community”, died on Friday. He was 91 years old.
‘No big improvement’ to $1.3bn bad loans in 2015
The $100 million Bank of the Bahamas ‘bail out’ helped to staunch the industry’s 2014 bad loan bleeding, but “no significant improvement” to this problem is expected in 2015.
Keeping Zumba fresh and fun
KIM Kikivarakis, a local dance studio owner, is hoping to introduce some of the latest and hottest Zumba moves to the Bahamian public after attending an international convention in Orlando, Florida last week.
BPGA gears up for 50th National Pro Golf Championships
THE Bahamas Professional Golfers Association (BPGA) is gearing up for its 50th Year National Professional Golf Championships for men, women and senior men.
$13.4bn flowed through FTX Bahamas accounts
Some $13.4bn flowed through FTX's Bahamas accounts in the ten months immediately prior to the crypto exchange's collapse, its liquidators revealed yesterday, as they sought to dispel allegations it was "a nullity".
Bacardi purchasers targeting $90m waste-to-energy plant
THE Bahamian investor group that acquired the former Bacardi factory has approached the Government about constructing a $90 million waste-to-energy plant at the southern New Providence site, its principal yesterday telling Tribune Business it aimed to slash electricity costs by "50 per cent or more".
Doctors in 40% public GB hospital ownership
Doctors Hospital is planning to offer at least a 40 percent collective ownership stake to Grand Bahamians in the $15m-$20m hospital it plans to open on that island by the 2022 second quarter.
Bahamas 6th overall in Caribbean Golf Classic
THE Bahamas finished sixth in the race for the George Noon Cup in the 24th Caribbean Golf Classic, hosted at the Westin Puntacana Resort and Club in Punta Cana, the Dominican Republic.
Heat take 2-1 lead
By BRIAN MAHONEY AP Basketball Writer MIAMI (AP) -- Halfway to a title, LeBron James shows no sign of letting this one get away. James had 29 points and 14 rebounds, and the Miami Heat took a 2-1 lead in the NBA Finals with a 91-85 victory over the Oklaho
Insurer’s $5m payout to boost equity return
A Bahamian insurer will “significantly reduce our cost of capital” by redeeming $5m in preference shares as it awaits regulatory approval to acquire an agency owned by one of its main shareholders.
Construction to start on zip-line as Pirate’s Cove project nears finish
THE water theme park at Pirate’s Cove on Taino Beach west is 90 per cent complete and work on the second phase will begin in the next couple of weeks with construction of Grand Bahama’s first zip-line.
Ferry to bring 1,000 persons daily to Bimini
THE Bimini Bay Resort’s developers yesterday said they hope to attract at least 1,000 visitors daily into Bimini, with ferry service expected to come on stream in October.
Abaco shanty town
HaItians were brought into Abaco in the early 90s to work the 3,000-acre Bahamas Star Citrus Farm. They were more or less treated as slave labour and treated cruelly and paid a pittance. They worked behind barb wire topped fencing with gates padlocked from 5pm to 9am. Without the Haitians there would have been no citrus farm.
PRO basketball players tip off regular seasons in Europe
PRO basketball leagues across Europe have tipped off their regular seasons and several Bahamian players were active in their respective teams’ debut. Both Domnick Bridgewater and Kentwan Smith got off to winning starts in France’s Nationale Masculine 2 (NM2) League. Bridgewater led Sapela Basket 13 to an early 2-0 record and recorded another double double.He finished with 19 points and 10 assists in a 90-74 win over Le Cannet Cote d’Azur Basket.
VAT bill ‘before end of the year’
BEFORE the end of this year the Davis administration expects to bring before Parliament three pieces of key legislation, including one that will decrease value added tax to 10 percent from the current rate of 12 percent.
Young sailors braving the waters
DESPITE the testing conditions, with winds gusting up to 20 knots, 20 brave junior sailors took to the sea as the Rotary Club of East Nassau hosted its first Fun Junior Regatta on Saturday in association with the Bahamas Sailing Association (BSA).
Atlantis targeting $130m investment by end-2018
Atlantis’s top executive yesterday revealed that the Paradise Island destination resort is likely to invest a further $130 million to upgrade its amenities by 2018 year-end.Howard Karawan, its president and managing director, said “north of $80 milli
Bahamian legend Bonefish Folley dies AT age 91
By CARA BETHEL
Willis Mackey Jr signs with Mulhouse Basket Agglomeration in France
Willis Mackey Jr has relocated to a new club in France’s Nationale Masculine 1 (NM1) League.
Victim dies at scene of knife fight
POLICE are investigating the circumstances surrounding a stabbing incident that left a man dead Wednesday morning.