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Go-ahead for 82% of Abaco small firm loans
Some 82 percent of $4.5m in loan and grant applications from Abaco entrepreneurs is in the pipeline for distribution, the Small Business Development Centre's (SBDC) executive director said yesterday.
ALIKE BUT NOT THE SAME
Solutions vs resolutions
Although I am so much like I was last year and the year before, many things about me are no longer the same. Psalm 84 motivates me to go from strength to strength until I appear before God. Hopefully you see yourself growing the same way.
Bahamas 'poised for growth' via private equity rise
A Bahamian accountant believes this nation’s financial services sector can benefit from forecast growth and capital raising in the global private equity industry, with the SMART fund product helping to “gain traction”.
GB Power: 80% of Freeport grid survives Dorian
Grand Bahama Power Company’s (GBPC) chief executive said the restoration of customer supply would begin yesterday evening after 80 percent of its Freeport grid infrastructure survived Hurricane Dorian. Dave McGregor, the utility’s chief executive, c
‘Walk and chew gum’: Subsidies, debt cost $938m
The Bahamas “must walk and chew gum” on its fiscal and economic revival, a leading banker has warned, with $938.5m - one third of government spending - taken up by debt and subsidy costs.
Coleby honoured, Munnings named Player of the Week
It was a week of commemorative achievements for two of the Bahamas’ top collegiate basketball players as the NCAA regular season enters its final week.
Bank chief slams ‘selfish’ education loan deadbeats
The Clearing Banks Association’s (CBA) president yesterday slammed the “selfish mentality” of delinquent student borrowers who have exposed Bahamian taxpayers to a $100m liability.
CHARGED: Dorsett faces nine counts
FORMER Environment and Housing Minister Kenred Dorsett appeared in Magistrate’s Court yesterday accused of using his former ministerial position to extort and solicit $120,000 in bribes from Johnathan Ash.
Chamber chief ‘can’t see’ Hawksbill Creek breach via ‘back door’
The Grand Bahama Chamber of Commerce’s president yesterday rejected assertions that Freeport’s new ‘tax breaks’ regime was a “back handed” attempt by the Government to amend the Hawksbill Creek Agreement.
Turnquest: Only fair for web shops to pay 'their fair share'
FINANCE Minister K Peter Turnquest defended the government’s decision to increase taxes on gaming house operators on Thursday, saying it is only fair web shops pay “their fair share” for its impact on vulnerable communities.
Darville points to $50m investment across GB
MINISTER for Grand Bahama Dr Michael Darville has highlighted nearly $50m in government capital projects and upgrades underway throughout the island of Grand Bahama.
Buddy Hield scores 18 in 89-83 loss to Grizzlies
MEMPHIS, Tenn. (AP) — JaMychal Green scored 21 points, Mike Conley added 20 and the Grizzlies beat the still-winless Pelicans.
HUGH CAMPBELL CLASSIC: ‘Embracing Success Through Sports and Teamwork’
THE games began on Monday but the country’s longest standing high school basketball tournament officially tipped off in grand style yesterday at the AF Adderley Gymnasium.
Bahamasair to spend $9.3m on aircraft maintenance
BAHAMASAIR will use $9.3m of its total budget in the new fiscal year on heavy maintenance to its aircraft and another $1m to move the headquarters to a building complex on Blake Road.
$2bn current deficit not so problematic
The Bahamas’ annual $2 billion current account deficit is “not as fickle” as many outsiders think, a former finance minister yesterday pointing out that this was traditionally balanced by foreign capital inflows.
Man admits fleeing from police
A MAN on trial in Supreme Court yesterday admitted to fleeing from police, leading them on a high-speed chase, and hitting and dragging a pedestrian 80 feet before shooting at pursuing officers.
‘We’ve flattened the curve’
HEALTH Minister Dr Duane Sands said officials have managed to “flatten the curve” by having a maximum of six COVID-19 cases on any given day, but this does not mean the nation is out of the woods.
Giants take 2-0 lead, Regulators win opener
WHILE the Commonwealth Bank Giants continue their impressive winning streak by pushing the defending champions PJ Stingers on the brink of elimination, the Mr Ship It Freight Regulators are looking to make it to their first championship appearance in the New Providence Basketball Association (NPBA) postseason.
Moody’s warn COVID impact will remain beyond 2024
Bahamian economic output will not recover to pre-COVID-19 levels "until after 2024", Moody's has warned, in a stark illustration of the economic devastation unleashed by the pandemic.
Praise for hard work that earned certificates
A GROUP of 80 public servants were yesterday awarded their certificates by the Ministry of Public Services for completing their upgrading programme in office procedures, keyboard skills, bookkeeping and accounts and English Language at both BJC and BGCSE level.
