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Dorsett faces new hearing
FORMER Cabinet minister Kenred Dorsett is due to reappear in Magistrate’s Court today in connection with allegations that he used his former ministerial position to extort and solicit $120,000 in bribes from Jonathan Ash.
PM pays tribute to Edmund Moxey
THE late Edmund Moxey espoused ideas and introduced projects that historians will come to view as being way ahead of their time, Prime Minister Perry Christie said during the state funeral for one of the Bahamas cultural icons at the Parish Church of the Most Holy Trinity on Stapleton Gardens yesterday.
Minister ‘confident’ swimming complex will be ready for CARIFTA
EXCITEMENT is slowly building for the 2024 CARIFTA Aquatics Championships to be hosted in Nassau, Bahamas March 28 to April 7.
The corned beef and grits Budget
It is clear that the trio in charge of the Ministry of Finance has been forced to come up with a corned beef and grits 2021-2022 budget. If this is the best that they are able to come up with, God help us. It is conceded that taxes have been held at bay but that there is no real wiggle room for critical infrastructure and people development.
Oil explorer: We’ve got tourism, fishing covered
A Bahamas-based oil explorer yesterday reassured that the insurance coverage for its first well will cover any tourism or fisheries losses “in the highly unlikely event” of any spill or environmental impact.
UPDATED: Hurricane Dorian could intensify into Category Four storm
HURRICANE Dorian could intensify into a “very damaging” 156mph Category Four storm that lingers for hours in the Bahamas, according to AccuWeather senior meteorologist Dan Kottlowski Thursday.
IMF calls for harsher Bahamian austerity
The International Monetary Fund (IMF) yesterday warned that the Government must impose harsher austerity measures on the Bahamian people to hit its 50 percent debt-to-GDP target by 2030.
High Flyers rout Stampers 82-57, Rockets top the Mingoes 77-72
THE Breezes High Flyers and the Rockets both took a 2-0 lead in their New Providence Basketball Association best-of-five semi-final playoff series at the AF Adderley Gymnasium Saturday night.
Small business faces $180m 'finance gap'
The Bahamas faces a $180m “finance gap” in providing capital to small businesses, the Inter-American Development Bank (IDB) has revealed, as its project covers just 17 percent of demand. The multilateral lender, in documents detailing its $25m initi
Gov't 'good faith' key to Brewery's 100-job growth
Sands Beer’s manufacturer yesterday said its planned $15 million growth strategy, which could more than double its workforce via the creation of “over 100” jobs in the next five-10 years, depends on the Government maintaining the ‘tax advantage’ it holds over its BISX-listed rival.
Shockers rout Marines 117-91 Giants down Rockets 100-88
THE Real Deal Shockers routed the Defence Force Marines 117-91 and the Commonwealth Bank Giants knocked off the Pyramid Food Rockets 100-88 on Wednesday night as the New Providence Basketball Association continued its regular season at the AF Adderley Gym. Here’s a summary of the double header:
Munnings and Oliveirense even quarterfinals series
TRAVIS Munnings and his UD Oliveirense club evened their Liga Portuguesa de Basquetebol (LPB) quarterfinals series in thrilling fashion.
Miller: BEC manager’s sale ‘very interesting’
The Bahamas Electricity Corporation’s (BEC) former executive chairman yesterday described the impending acquisition of its newly-appointed manager as “very interesting”, arguing that the deal with the Government could have boosted its sales value.
Govt ‘not doing what is needed to stop economic bleeding’
FREE National Movement Chairman Michael Pintard yesterday blamed the increase in the country’s unemployment rate on “poor governance” from the Christie administration and a lack of “outrage among these government officials about the level of suffering that their people are facing”.
REACH stretched to last dollar, Sure Win steps in
WITH $1 in the bank, REACH – the organisation that is the lifeline for children with autism, their parents, teachers and caregivers – was on the brink of falling off a financial cliff when benefactors Sure Win stepped in.
Mitchell in talks in US to clarify immigration ‘misconceptions’
FOREIGN Affairs and Immigration Minister Fred Mitchell said he expects to hold discussions with two major international organisations in Washington, DC, next week to clarify “misinformation” about the government’s controversial new immigration restrictions.
Bahamas 'co-opts' Canada practices
A Canadian executive spoke to more than 100 Bahamian co-operative and credit union members this month as part of the Department of Co-operative Development’s 40th anniversary celebrations.
Disaster before fiscal rebound Tax Coalition chief's greatest fear
By NEIL HARTNELL
Rumour has it
ActivTrades
The ups and downs in the international markets continued last week. Robust economic data fuelled concerns about interest rates but, at the same time, consumer activity remained strong. This created a dilemma for many investors.
Jones and BIH look to get in the win column
Jonquel Jones and her Bosnia and Herzegovina (BIH) side remain winless thus far at the FIBA Women’s Basketball World Cup.
