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Gov’t hires Rothschild for $11.8bn debt help
The Government has hired Rothschild & Co, a major global financial group, to advise on what could become a “massive refinancing” of much of the country’s $11.8bn national debt, it was revealed yesterday.
Gas dealers ‘optimistic’ despite wait over relief
Bahamian gas station operators yesterday said they remain “optimistic” about their relief negotiations with the Government despite the two sides not having met or communicated for “quite a while”.
INSIGHT: What lessons will be learned from Exuma diesel spill?
THE diesel spill at the Old Navy Base cove last week turned all eyes on Exuma – and once more brought the discussion about how well we are protecting our environment to the fore.
Bahamas ‘can’t sit on laurels’ over digital assets regulation
The Securities Commission’s top executive has warned that The Bahamas “cannot sit on our laurels” as she disclosed that further reforms to tighten digital assets regulation will be unveiled “in the next few months”.
Old Navy Base cove closed till August as clean up continues
THE Old Navy Base cove in Exuma will remain closed until August 10 as workers clean up the remaining diesel from the water and prepare to remove sand for further testing.
Central Bank: Investors no longer ‘tepid’ on Gov’t debt
The Government’s domestic debt issues were fully subscribed for the first time in almost three years during the 2022 second quarter, the Central Bank has revealed, arguing that “tepid investor sentiment” has been reversed.
Goodman’s Bay
Should Government allow private enterprise to coolly take over public open space and no one lift a hand or even understand what is happening? I am concerned what is openly happening on Goodman’s Bay parking lot to the eastern side.
Negotiations restart after industrial action at airport
THE government has restarted negotiations with the Bahamas Public Service Union (BPSU) following Monday’s industrial action with the hopes of having most of their grievances resolved by the end of August.
‘Unions need to find a solution apart from industrial action’
FORMER Labour Director John Pinder says he believes union leaders should apply more skills to getting matters resolved outside of industrial action that features, among other tactics, large numbers of workers calling in sick.
Tourism hopeful major strike damage avoided
The Bahamian tourism industry was yesterday hopeful that widespread, long-lasting damage from the Airport Authority strike may have been avoided even though most of the agency’s employees still failed to show for work.
DELAYED: Majority of striking airport staff fail to report for work despite ‘illegal’ court ruling
AN estimated 80 percent of airport workers in New Providence who engaged in a lightning strike on Monday did not return to work yesterday, despite a recent court ruling ordering them to report for duty.
PETER YOUNG: Feasting on the fall of Boris and who replaces him
Some people consider political science is almost a misnomer. Politics is about power and influence and concerns the interaction between human beings while science is based on observation, measurement and interpretation of data in support of a theory or hypothesis.
Cruise ship occupancies to hit 110% by end-2022
Nassau Cruise Port’s chief executive yesterday disclosed that average passenger occupancies will hit pre-COVID levels of 110 percent by year-end 2022 and beat its own recovery forecast.
They served with distinction
The police force is an institution comprised of dedicated men and women of integrity, but like in most such institutions, there will be one or two who do not meet those criteria.
FIBA Women’s basketball: Bahamas earns the bronze
AFTER falling short of getting into the gold medal round, head coach Donillo ‘Donnie’ Culmer said the women’s national basketball team wanted to make sure Team Bahamas returns home with the bronze medal from the FIBA Caribbean Women’s Basketball Championships.
Jones and Hornets end Summer League with 2-3 win-loss record
KAI Jones and the Charlotte Hornets concluded the NBA2K23 Las Vegas Summer League with a 2-3 win-loss record.
Team Bahamas beaten by Dominican Republic
THE Bahamas women’s national basketball team will have to play for the bronze medal on Sunday at the FIBA Caribbean Women’s Championships after losing to the Dominican Republic in their semifinal playoff game on Saturday.
Nassau hotel demand jumps 27% in Florida
Connections to Nassau/Paradise Island hotels through their promotion board’s website have leapt 98 percent for 2022 to-date, the latter’s chairman revealed yesterday, predicting that business will further “ramp up” into early 2023.
Give Bahamians ‘direct’ carbon manager equity
Opposition MPs yesterday urged that “ordinary Bahamians” be given an opportunity to directly own shares in the company being created to manage this nation’s multi-million dollar carbon credits and their trading.
Suspect accused of stealing $80 of women’s underwear given $1,000 bail
A MAN was granted $1,000 bail yesterday for allegedly stealing $80 worth of ladies underwear from a store on Robinson Road.
