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FNM deputy fears ‘bubble pop’ over infrastructure spend
The Government’s lack of investment in infrastructure will be “a bubble that pops” on the next administration, the Opposition’s finance spokesman warned yesterday, adding that this was contrary to the International Monetary Fund’s (IMF) advice.
Men’s national basketball team needs to restructure key areas of its programme
According to members of its coaching staff, the Bahamas’ men’s national basketball team needs to restructure its programme in several key areas if they wish to capitalise on the current talent pool and qualify for the 2020 Olympics.
Swift Swimming claims the National Championship for 6th straight year
FOR an unprecedented sixth consecutive year, Swift Swimming has claimed the Bahamas Swimming Federation’s National Championship, presented by RBC.
Gov't pushes deficit elimination forecast back three years
The Government has pushed back its original projections for eliminating the fiscal deficit by three full years, and is now pinning its hopes on a $449 million, four-year 'swing' into surplus.
Fishermen: Gov't late on storm relief
Bahamian fishermen are hoping the Government will give further thought to their cry for fuel concessions, one representative telling this newspaper: “That would go a long way to helping the industry”.
Bahamas finish seventh in CentroBasket after big win over Nicaragua
THE Bahamas men’s national basketball team took their frustrations out on Nicaragua on Friday by winning seventh spot in the CentroBasket tournament with a 120-77 victory.
Roberts pleads for BPL to be given time to execute plan
BRADLEY Roberts has said it is unfair and "outright dishonest" to brand Bahamas Power and Light (BPL) "a failure because of rolling blackouts" when they have not "been given a chance to execute their plan".
Bahamas suffers 76% FDI fall-off
The Bahamas suffered a 76 per cent year-over-year decline in foreign direct investment (FDI) in 2015, as it “tumbled” to its lowest levels in 13 years.
Dingman: ‘Rampant theft’ caused restaurant failure
Jamie Dingman has blamed the collapse of his Nassau restaurant empire on “rampant theft and mismanagement”, and plans to call a former FNM Cabinet minister as a defence witness in his battle against a $1.113 million damages claim.
Heartbreaking loss for Bahamas
THE Bahamas men’s national team dropped a heartbreaking 84-81 loss to Mexico and now they are automatically eliminated from contention of winning the CentroBasket Tournament in Panama.
‘More than 20,000 extra jobs since 2012 election’
PRIME Minister Perry Christie said yesterday despite repeated claims from Official Opposition members that his administration has not spurred growth in employment, his government has created over 20,000 jobs since taking office in 2012.
BPL ‘hands tied’ for 12-18 months
Bahamas Power & Light’s (BPL) “hands are going to be tied” for a further 12-18 months until its $600 million legacy debts are refinanced, a former BEC executive chairman warned yesterday.
‘THE MOST IMPORTANT DRAFT IN BAHAMIAN HISTORY'
FOR most of you, this is really your first NBA Draft.
BAMSI building destroyed in fire to be rebuilt as co-ed dorm
THE fire damaged male dorm at the Bahamas Agriculture and Marine Sciences Institute (BAMSI) in North Andros will be rebuilt as a co-ed structure, Minister of Works Philip “Brave” Davis said yesterday.
Super Value off target ‘no matter what we do’
Super Value’s owner yesterday blamed the struggling Bahamian economy for its failure to hit a 5 per cent sales growth target “no matter how hard we try”.
BPL to raise $100m in fiscal 2017-2018
Bahamas Power & Light (BPL) plans to raise $100 million in new debt financing during the 2017-2018 fiscal year, it was revealed yesterday, and is working on a new tariff structure and customer debt forgiveness.
Dominican Republic gets 87-80 win over Bahamas
After getting blown out in the first half, the Bahamas men's national team regained their composure in the second half and cut the deficit to two before eventually losing down the stretch to the Dominican Republic 87-80 on day three of the CentroBasket Tournament in Panama.
System loss reductions save Water Corp $15m
The Water and Sewerage Corporation’s (WSC) initiative to slash non-revenue water (NRW) losses has resulted in savings of $15 million to-date, the Deputy Prime Minister said yesterday.
Govt’s new security near $250m target
The Government’s new Treasury Note security will finish “pretty close” to its $250 million first-year target, with the last 2015-2016 issue oversubscribed by at least 20 per cent.
INSIGHT: The real point of Dame Anita’s lecture on marriage
It has become apparent since the presentation last week of the 8th Annual Eugene Dupuch Distinguished Lecture, hosted by the Eugene Dupuch Law School and by Dupuch & Turnquest & Co Chambers, that much public debate has emerged, related to several aspects of the presentation.