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Cable readies $30m pref share offering
Cable Bahamas is again preparing to tap the Bahamian capital markets for a further $30 million in preference share financing, which will help fund the roll-out of this nation’s second mobile provider.
$50m project predicts 30-40% sales increase
A MAJOR western New Providence real estate development is on track to this year surpass 2011 sales by 30-40 per cent, its principal telling Tribune Business yesterday that it was preparing to take total build-out value to $50 million by starting two more construction phases in 2012.
Tennis ace Philip Major dominates
BAHAMIAN Philip Major dominated the field at the US Open National Playoffs Southern Sectional Qualifying Tournament.
Atlantis basketball official launch on February 6
THE Atlantis Basketball League’s 2023 official launch is set for February 6 at 6:30pm when there will be an opening ceremony at The Betty Cole Park. All games are open to the public and Atlantis staff for the entire season which ends April 28. Games will be held every Monday, Wednesday and Friday at 6:30pm for the first game and 9:30pm for the final game of the day.
31-year-old from Abaco charged with murder
A 31-year-old Abaco man accused of killing a father of two was charged with murder in the Marsh Harbour Magistrate’s Court yesterday. Kevin Gabriel, of Crockett Drive, appeared before Magistrate A Evans. It is alleged that on Friday, July 19, the ac
Reckley listed as one of the top international prospects
RYAN Reckley was listed by Baseball America as one of the top international prospects for the upcoming signing period and is projected to sign one of the most lucrative deals in the current class.
Davis Cup: Bahamas undefeated with 3-0 victory over Bermuda
The success continues for the Bahamas’ newest edition of its Davis Cup team as they remain undefeated in tournament play.
'Buddy' Hield enjoys courtside with Jones and Sun
JONQUEL Jones continues to garner recognition from WNBA fans, international media on pace for an MVP season, and a fellow Bahamian basketball icon was on hand to take in her latest contest and the bond between the two.Buddy Hield was courtside as Jon
‘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.
Buddy scores four in season opener
NEW ORLEANS (AP) — Jusuf Nurkic scored 23 points, Will Barton added 22, and the Denver Nuggets survived a dominant performance by Anthony Davis to defeat the New Orleans Pelicans 107-102 in both teams’ regular season opener last night.
Prince Strachan has another standout performance
It WAS another standout performance from Prince Strachan in the regular season finale for the John Carroll High School Golden Rams football team. The junior wide receiver finished with five catches for a game high 94 yards and one touchdown in the Rams’ 35-3 win over Sebastian River on homecoming night in Port St Lucie, Florida.
Two killed in traffic accidents at weekend
POLICE are investigating two traffic accidents that left two people dead - one in Grand Bahama, the other from Eleuthera.
PM is well suited for finance role
IT WAS written by the revered Chinese sage and philosopher, Confucius in 500 BC that “the ruler of a country of a thousand chariots must give diligent attention to business; he must be sincere; he must be economical; he must love his people; and he must provide employment for his people at the proper seasons”.
Corporations replacing nation states?
The state has the right to exist when individuals are willing to sacrifice their own interests for the community it represents, according to Ernest Renan, a French philosopher.
A hero’s welcome for Miller and Eve
It was a hero’s welcome for a pair of St Augustine’s College alumnus as they returned to their alma mater.
Falling mortgage arrears improve commercial loan position
COMMERCIAL bank loan arrears improved in February by $60.2m, with the most significant decline in mortgage arrears which, according to the Central Bank of the Bahamas, contracted by $39.2m.
Govt spending over $1m to modernise and revamp website
MORE than $1m will be spent to revamp and modernise the government website, according to Wayde Watson, parliamentary secretary in the Ministry of Economic Affairs.