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INSIGHT: We should teach our children to enjoy the ocean, not fear it

Only one in 100 government school students can swim, according to empirical data gathered by Andy and Nancy Knowles, the co-founders of the Let’s Swim Bahamas programme.

Plastics ban: Transition period to help business

THE six-month transition period for businesses to sell off prohibited single-use plastic bags represents efforts to provide relief to businesses who have made significant financial commitments, according to Ministry of Environment officials.In an int

DeMarco and Bahamas earn 63-57 win over Red Raiders

Chris DeMarco got the first victory under his belt with the men’s national basketball team by pulling off a 63-57 decision over the Texas Tech Red Raiders at the Kendal Isaacs Gymnasium last night.

Don’t let go: Plastics ban to include $2,000 balloons fine

THE upcoming ban on single-use plastics will also outlaw the release of balloons, according to draft legislation that details fines up to $3,000.

BOB shrugs off $6m default to resume profits

Bank of The Bahamas shrugged off a $6m default judgment bid by an ex-Cabinet minister’s companies, and resumed its slow recovery march, by posting $2.99m in 2019 full-year profits. The BISX-listed institution, which has twice had to be rescued by mu

BISX-listed insurer in 29% profits rise

Colina Holdings (Bahamas) yesterday unveiled a 29 percent year-over-year increase in total net income to $8.9m for the 2019 first half.The BISX-listed holding company, revealing a $2m bottom line increase upon last year’s $6.9m, said net income attri

Restaurant chains ready for single-use plastics ban

A Bahamian restaurant operator yesterday said it had been moving towards eco-friendly packaging long before the government’s decision to ban Styrofoam and single-use plastics. Gandhi Pinder, Bamboo Shack’s vice-president of marketing and public rel

At 9.5%, jobless total at lowest level for 10 years, says Turnquest

FINANCE Minister Peter Turnquest said while the government is pleased the national unemployment rate has dropped to 9.5 percent, its goal is to drive numbers even lower by securing stronger and more broad based growth for the economy. The ministry s

Why must we rely on gambling?

Gambling - be it Web Shops, Lottery or what have you! Do we, the Government, have to rely on this social breaker to such a high extent?

Spencer leads Caribbean team to over 70 tennis tourney

KIT Spencer, president of IC Bahamas, led a combined IC Caribbean team to an over 70 tennis tournament in Belgium.

We deserve better than being held hostage by BPL

The recurrent power outages has negatively impacted so many businesses and residents in New Providence. This has left many of us with no air conditioning during the brunt of high tempered conditions, spoiled perishable food items, and for some difficulties involving their health. To this date there are no clear answers and poor communication about resources for mitigation.

Controversy will 'force BTC to perform better'

The Bahamas Telecommunications Company’s (BTC) ultimate parent has “almost been forced to do better” by its chief executive’s controversial comments, a trade union leader said yesterday.Bernard Evans, the National Congress of Trade Unions (NCTU) pres

BTC's parent 'confident' on 2020 revival

The Bahamas Telecommunications Company’s (BTC) ultimate owner yesterday voiced optimism its mobile business will deliver an “improved performance” heading into 2020 despite further subscriber losses.Balan Nair, Liberty Latin America’s chief executive

‘Hoopin’ by the Park’ a success

EMANCIPATION Day saw the culmination of the second annual Hooping by the Park Basketball Tournament which came to an exciting close on Freedom Park in Fox Hill as the champions were crowned in all four divisions.

BTC suffers $13.6m first half revenue fall

The Bahamas Telecommunications Company’s (BTC) $13.6m first-half revenue decline last night underscored the urgency of pleas for corporate unity as its business continues to slip away.Figures for the first six months of 2019, released by its ultimate

Credit union consolidation predicted by Central Bank

Small Bahamian credit unions will be forced to merge and consolidate as a result of intensified regulation, the Central Bank is predicting.The regulator, in its just-released 2018 Financial Stability Report, said it was increasing oversight of the se

Bank boss warns: we must act on jobless

The Bahamas must “aspire to higher” GDP growth rates in the two to three percent range if it wants to see “new jobs gushing rather than trickling”, the Central Bank’s governor is urging.

Cut 'terrifying' bad loan rate by over 50%

The Central Bank’s governor wants to further cut the “terrifying” 8.7 percent loan delinquency rate by more than half despite it having fallen to its lowest level in a decade.While describing the consistent decline in non-performing bank loans as “ve

'Early fall' target to ease property deals

The Central Bank is targeting “early fall” for simplifying exchange control’s involvement with foreign residential real estate purchases as a means to eliminate unnecessary red tape.John Rolle, its governor, confirmed during a briefing on 2019 first

Bahamas bounce back, rout El Salvador 86-57

After losing their opener to host Puerto Rico, the Bahamas national team rebounded to take their frustration out on El Salvador at the FIBA Under-17 Centrobasket Championships. In their opener on Wednesday at the Roberto Clemente Coliseum in San Jua

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