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Kai Jones wants more playing time with Texas Longhorns
AFTER playing sparingly through the first few games of his freshman season with the Texas Longhorns, Kai Jones inquired about the best way forward for him to receive more playing time from head coach Shaka Smart.
'Job half finished' over Dorian zone tax breaks
The Abaco Chamber of Commerce's president yesterday urged the Government to "revisit" its decision to keep VAT on services in the Dorian-hit islands, arguing it had left "the job half finished".
Fidelity investors to gain $16.45m early xmas gift
Fidelity Bank (Bahamas) shareholders will next Friday receive an early Christmas present through a total $16.45m dividend payout by the BISX-listed institution. Gowon Bowe, Fidelity’s chief financial officer, confirmed that some $8.949m of the capit
BOB IT manager's conviction for $21k client theft upheld
A former Bank of The Bahamas information technology (IT) manager yesterday failed to overturn his conviction for stealing $21,000 from customer accounts in early 2015.The Court of Appeal, upholding the Magistrate’s Court verdict against Renrick Bowe,
ALICIA WALLACE: Don’t blame us, Mr Johnson
It is, unfortunately, not unusual for Members of Parliament and Cabinet Ministers to insult the Bahamian people, especially in their bids to excuse their own actions.
Major conference to help Bahamas recover
THE Minnis administration and the United Nations Development Programme (UNDP) with support from the governments of the United States and the United Kingdom will stage a pledge conference on January 13, 2020 in Nassau to mobilise financial and technic
Nassau/PI hotel room nights off 10% post-Dorian
Large Nassau/Paradise Island hotels endured a “tepid” October in the wake of Hurricane Dorian with revenues falling on the back of a ten percent decline in room nights sold. The Central Bank, unveiling its October monthly economic report, revealed t
Scotiabank named as Bahamas leader
Scotiabank says it has been named as The Bahamas’ “Bank of the Year 2019” by The Banker magazine, a Financial Times publication. “We are proud of the initiatives launched during the past year, which will provide customers with more convenient and ef
Capital demand may strain $120m market
A leading investment banker yesterday warned that the increasing competition for capital involving both the Government and private sector could leave some deals “unfunded” over the next 18 months.
DIANE PHILLIPS: Leave our debt for another day - we need to spend to fight off climate change
Like most folks, I hate to owe anything to anybody. I feel a sense of supreme satisfaction paying off a credit card. I even enjoy paying bills (except BPL which infuriates me), but as I said, knowing that I’m momentarily debt-free and what I earn is what I get to keep - at least until the next bill comes along - provides a good-all-over feeling.
Renewables stunned over paying BPL fee
Renewable energy providers yesterday warned it was “imperative” that the government clarify its plan to make users pay the debt servicing fee for Bahamas Power & Light’s (BPL) mega $650m refinance.
‘Paying the price’ for BPL’s failings
A Cabinet minister yesterday warned that all Bahamians must now “pay the price” for Bahamas Power & Light’s (BPL) failings even as his House of Assembly address left more unanswered questions.
Colina 'proud' over balance sheet praise
Colina Insurance Company yesterday said it was “particularly proud” that the industry’s top rating agency had praised its strong balance sheet in the aftermath of Hurricane Dorian. Catherine Williams, finance vice-president for the life and health in
'Taking Nassau from 1.0 to 10.0'
Bahamian institutional investors will be invited to raise 40-50 percent of the cruise port’s $100m bridge financing facility, with its developer pledging yesterday: “We’re taking Nassau from 1.0 to 10.0.” Michael Maura, Nassau Cruise Port’s chief ex
Top insurers removed from ratings 'review'
The Bahamas’ two major life and health insurers were yesterday removed from “review” by the industry’s major rating agency despite suffering increased claims and policy lapses due to Hurricane Dorian.AM Best, in two separate releases, confirmed it ha
Abaco cays in BPL cables funding offer
A Cabinet minister yesterday said the government will have to give a “deadline” for several of the Abaco cays that have pledged to finance the provision of underground utility cables post-Dorian.Desmond Bannister, minister of works, told Tribune Busi
Celtics hold off Kings 103-102 despite Hield’s 41 points
BOSTON (AP) — Jaylen Brown scored 24 points, Jayson Tatum had 20 and the Boston Celtics held off the Sacramento Kings 103-102 despite a career-high 41 points from Buddy Hield last night.
Islands of the Bahamas Showcase: Liberty Flames take home the title
THE Liberty Flames came into the Islands of the Bahamas Showcase as the tournament favourite and the defending A-Sun champion lived up to their top billing.
A tax system we can't afford
Your Editorial comment of Thursday, the 21st November, was informative in that it laid out the serious fiscal situation facing Bahamian governments as we continue to grapple with increasingly devastating Atlantic hurricanes.
Taking risks helps progress
According to former US president Franklin D Roosevelt, “The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little”.