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20% poverty gap reduction target

A comprehensive overhaul of the Bahamian social security system could cut poverty rates by 5 per cent, and slash the poverty gap by 20 per cent, an Inter-American Development Bank (IDB) report has forecast.

'Noticeable' $20m high-end realty pick-up

Top realtors yesterday told Tribune Business they has seen “a noticeable pick-up” in the high-end property market in the last two months, with transactions worth $20 million either closed or in the process of completing.

'Oversubscribed' AML offer attracts $10m

AML Foods yesterday confirmed Tribune Business’s Monday article by disclosing that its preference share issue had been oversubscribed by $2.5 million, adding that the extra sum would be used to boost cash flow by taking out short-term bank debt.

Noble Prep Basketball: Day one in the books

THE Noble Preparatory Academy’s (NPA) sixth edition of the Spring Classic Basketball tourney returned to Kendal GL Isaacs Gymnasium yesterday evening.

A prayer for success ahead of Carifta challenge

WITH less than a week to go before they head off to the 2022 Carifta Games, the Bahamas Associations of Athletic Association’s 54-member team is making last minute preparations before they head off to Kingston, Jamaica.

Ambassadors Track Club to honour head coach Fritz Grant

FOR the fifth consecutive year, the Ambassadors Track Club, with the help of Florida's Natural, will honour their head coach Fritz Gr

Bahamas ranked in bottom three of finance centres

A FORMER Bahamas Financial Services Board (BFSB) chairman yesterday said a report that ranked the Bahamas a lowly 75th out of 77 global financial centres would "not impact" this jurisdiction's core private wealth management client base, adding that he was "more worried" about G-20 driven regulatory initiatives.

Blue Chips Throwers Club to stage its first meet Saturday, January 30

WITH competitions limited due to the coronavirus pandemic, the Blue Chips Throwers Club is all set to stage its first throwers meet at the original Thomas A Robinson Track and Field Stadium Saturday, January 30.

Retailer expands on to Bay Street

A Bahamian retail entrepreneur yesterday revealed he is expanding to Bay Street through a $700,000 investment that will create 20 jobs, adding: "There's always opportunity in the midst of crisis." Andrew Wilson, the Quality Business Centre (QBC) and

Baptist Sports Council’s Annual Family Fun Run/Walk Race winners in spotlight

THE Baptist Sports Council recently held its annual Family Fun Run/Walk Race.

JONQUEL GRABS CAREER HIGH 20 REBOUNDS

THE Connecticut Sun organisation expects Jonquel Jones to have a breakout season in her sophomore campaign in the WNBA, and Jones delivered immediately with a new career high in her season debut.

China virus - nine now placed in quarantine

A PRIVATE plane carrying 14 people from China was denied entry to The Bahamas because of travel restrictions designed to fend off the fast-spreading coronavirus, which has killed more than 300 people.

Judge cuts $66k from Sir William’s outstanding loans

The late Sir William Allen’s estate has persuaded the Supreme Court to slash unpaid loans allegedly owed to a prominent Bahamian businessman by some $66,000.

Charity seeing 20% hike in food prices

AN increase in food prices at the grocery store has had an adverse affect on one local charity.

‘Extraordinarily high’: Transport costs now 20% of goods prices

A well-known Bahamian retailer is advising locals “to shop early because prices will not be going down” with transport costs accounting for an “extraordinarily high” 20 percent of product costs.

Government announces plans to borrow $87m

THE Minnis administration yesterday moved two resolutions to borrow a combined total of nearly $87m to defray expenditure and to fund the implementation of a street lighting-retrofitting project.

NAD gains 20 year extension to LPIA lease

The Nassau Airport Development Company’s (NAD) lease to manage Lynden Pindling International Airport (LPIA) has been extended by a further 20 years to 2057, it was disclosed yesterday.

Rattlers champs

The GSSSA basketball senior division produced one title thus far for the CI Gibson Rattlers, while the pennant winners in the senior boys staved off elimination.

Carnival bands to help ‘salvage’ Bahamas’ image

Junkanoo Carnival band owners yesterday said they will set aside any “ill feelings” over this year’s postponement to help “salvage” the Bahamas’ image, despite admitting they had collectively lost “millions” due to the last-minute move.

Bahamas enjoys 20% ‘audience reach’ jump

THE Deputy Prime Minister yesterday said The Bahamas has enjoyed a 20 percent increase in “audience reach” as it increases advertising spending to counter saturation media coverage of its crime woes.

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