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EDITORIAL: Having powers doesn’t mean you have to use them
THERE seems to be something of a conspiracy theory circulating over the government’s use of emergency powers.
Hanna Martin will ‘fight to the death’ against citizenship by investment
ENGLERSTON MP Glenys Hanna Martin says she will “fight to the death” any attempt by the government to implement a citizenship by investment policy.
‘Enormous sum’ for senator’s relatives
THE Auditor General says a Senator’s relatives stand to earn “an enormous sum” from leasing their Gladstone Road property to a government agency that typically loses over $1m per year.
EDITORIAL: Praise the helpers - and keep the support coming
SOMETIMES, there is little in the way of thanks for those trying their hardest to help others.
Argentine soccer great Diego Maradona dies at 60
BUENOS AIRES, Argentina (AP) — Diego Maradona, the Argentine soccer great who scored the "Hand of God" goal in 1986 and led his country to that year's World Cup title before later struggling with cocaine use and obesity, has died. He was 60.
Aliv addresses 50% data demand growth
Aliv’s top executive says the COVID-19 pandemic has driven a 50 percent increase in data demand as it works on finalising a $70m loan from its controlling shareholder.
Liquidator concern on $8m taken from collapsed broker
A Bahamian broker/dealer’s liquidator has voiced concern that its majority shareholder and then-senior management removed over $8m in the two-and-a-half years prior to its insolvency.
'Grey clouds' must lift to get Cable dividends
Cable Bahamas' top executive says dividend payments to ordinary shareholders will only resume after "some of the grey clouds" presently hovering over the Bahamian economy disappear.
Local cruise port buy-in when 'we have something to show'
Bahamians will get the opportunity to own a piece of Nassau's new $268m cruise port in the 2021 second quarter once tangible progress is made on its redevelopment, it was disclosed yesterday.
Local cruise port buy-in when 'we have something to show'
Bahamians will get the opportunity to own a piece of Nassau's new $268m cruise port in the 2021 second quarter once tangible progress is made on its redevelopment, it was disclosed yesterday.
Scotia named Bahamas private banking leader
Scotia Wealth Management says it has been named by Global Finance Magazine as the best private bank in the Bahamas.
Baha Mar 'unsure what caused' halt in benefit payouts
A senior Baha Mar executive was last night "unsure what caused" the delay in resort employees receiving their unemployment benefit but said the situation had been resolved at one of its properties.
Minister blames Baha Mar over benefits delay
A Cabinet minister last night blamed Baha Mar for the hold-up that has resulted in hundreds of its furloughed employees not receiving due unemployment benefits for up to four weeks.
'Stop relying on good US fortune', top banker urges
The Bahamas must "stop relying on its good fortune" and US proximity to reverse its downgrade spiral and recover its economy from COVID-19's clutches, a top banker has warned.
Bahamian insurers see high ratings confirmed
Two Bahamian insurance companies have seen their A (Excellent) financial strength rating reaffirmed by the industry's leading rating agency.
FamGuard payouts drop $3.7m on COVID fall-out
Family Guardian's chairman has attributed a $3.7m decline in policyholder payouts for the nine months to end-September 2020 to a fall-off in medical claims caused by COVID-19.
Newly-launched realtor says 'interest never more robust'
The principals of a newly-launched Bahamian real estate firm say "inquiries have never been more robust" as high-end clients seek socially-distanced getaways amid the COVID-19 pandemic.
FDI fear on latest S&P downgrade
An economist last night warned that investors will likely seek greater tax breaks and concessions as a result of The Bahamas' latest sovereign credit downgrade.
Cable pledges 'remedy' over Aliv $60m bond
Cable Bahamas' top executive yesterday said itself and the Government will "remedy any challenges" caused by non-compliance with covenants related to $60m in bonds issued on Aliv's behalf.
Arawak port predicts 20% profits plummet
New Providence's major commercial shipping port is projecting a near-20 percent year-over-year profit decline for its current financial year as COVID-19 depresses demand for cargo imports.
