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Teachers respond to govt
BAHAMAS Union of Teachers president Belinda Wilson says a response has been sent to the government on its counter proposal regarding a salary increase for educators.
COVID’s $9.5bn blow nearly a triple Dorian
The Bahamas will never recover $9.5bn in economic losses and damage caused by COVID-19, it was revealed yesterday, with the pandemic combining with Hurricane Dorian to deliver a shattering $13.1bn blow to this nation.
COVID collapse sparked rare $1.7bn ‘dual deficit’
Tourism’s “collapse” at COVID-19’s peak “exposed the fragility” of The Bahamas’ current economic model by producing rare twin goods and services trade deficits worth a combined $1.7bn.
Pair accused of indecent exposure
TWO men were yesterday arraigned on separate charges of indecent exposure.
Cable beats target by $50m on ‘largest ever refinancing’
Cable Bahamas yesterday revealed it beat its preference share rollover target by $50m as it hailed completion of “the biggest refinancing the market has ever seen”.
Foreign reserves stay over $3bn despite May decline
The Bahamas’ foreign currency reserves closed May 2022 above $3bn despite a $65m drop-off during the month, with the Central Bank reiterating its belief that they remain “more than adequate” to sustain the US dollar peg.
Collateral Registry hailed as a ‘tremendous move’
The Central Bank’s plan to boost small business access to financing by creating a movable Collateral Registry was yesterday hailed as “a tremendous step in the right direction” provided it is accompanied by the necessary training.
Collateral Registry to ease 231% loan security burden
The Central Bank has unveiled plans for an Internet-based collateral registry that will ease Bahamian small business access to funding in a market where the security demanded is often more than three times’ the loan amount.
Agriculture non-profit supports food efforts
AS Bahamian families continue to grapple with the increasing cost of living, a leading agriculture-focused non-profit has thrown its support behind recent calls for greater efforts to improve food security in The Bahamas.
OTABOR WINS GOLD IN JAVELIN: Team Bahamas nets three silver medals
The Bahamas will return home from the inaugural Caribbean Games in Baie-Mahault, Guadeloupe, with a total of four medals, inclusive of a gold from strongwoman Rhema Otabor and three silver from quarter-miler Megan Moss, hurdler Oscar Smith and judoka Daniel Strachan.
Bahamas senior men’s national basketball team sweeps USVI
THE Bahamas senior men’s national basketball team completed a sweep over the US Virgin Islands and advanced to the second round of FIBA World Cup 2023 Americas Qualifiers.
NPSA opens fastpitch season
AFTER a two-year hiatus as a result of COVID-19, the New Providence Softball Association opened its 2022 fastpitch season over the weekend with the new look Cybertech Blue Marlins and the veteran Sunshine Auto Wildcats getting off to an impressive start.
DIANE PHILLIPS: Growing the economy doesn’t happen when you do what you’ve always done
PRIME Minister Philip “Brave” Davis set off a maelstrom of misdirected mischief when he announced elimination of duty on pleasure boats, a concept that goes back decades and was intended to come to fruition at least ten years ago.
National baseball stadium field ‘will be world class’
AS baseball at all levels continues to take centre stage in the country, the timeline for completion of the much maligned Andre Rodgers National Baseball Stadium faces another possible delay.
Team Bahamas 4th at the Caribbean Amateur Junior Golf Championships
TEAM Bahamas fell short of their goal of getting into the top three with a fourth-place finish at the Caribbean Amateur Junior Golf Championships in Humacao, Puerto Rico.
STATESIDE: Flip side of abortion ruling could throw Democrats a lifeline
YOU may revere him. You may revile him. You may just yearn for his disappearance from American public life. But to deny that ex-President Donald Trump was uncannily wise at anticipating emotionally-charged socio-political trends in the thinking of voters in the US is to overlook an important aspect of recent American political life.
Hotel union aims to close ‘four of five’ this summer
The hotel union’s president yesterday said it is targeting “by summer’s end” to conclude negotiations on at least four of five outstanding industrial agreements in a bid to ease “tremendous pressure” on workers.
Suns make qualifying offer to Ayton
The NBA free agency period begins in earnest today (see sidebar) and the contract situation between Deandre Ayton and the Phoenix Suns remains one of the most speculated on the market.
Gorospe dominates Caribbean amateur junior golf
AIDEN Gorospe continues to be the top performer thus far for Team Bahamas at the 34th Caribbean Amateur Junior Golf Championships in Humacao, Puerto Rico.
Court: Race ‘sabotage’ worker’s firing justified
The Island School’s former chief administrator, who was fired for bad-mouthing her employer as “a racist and sexist organisation that was willfully breaking” Immigration laws, has had her termination upheld by the Supreme Court.