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Top executive named at Small Business Centre
The government and its partners have named Davinia L Blair as executive director (ED) of the planned Small Business Development Centre (SBDC).She will head the centre, a partnership initiative with the University of The Bahamas (UB) and Bahamas Chamb
BEC owed $143m by private sector
THE cash-strapped Bahamas Electricity Corporation (BEC) is currently owed $143 million by the Bahamian private sector, its chairman said yesterday, adding that it was sinking further into financial problems.
Gov’t set to refinance $2.4bn in six months
THE Government has to refinance almost $2.4bn in maturing debt during the six months to end-June 2024, it has been revealed, with its euro-denominated liabilities almost doubling in percentage terms.
Historic honour for Mychal ‘Sweet Bells’ Thompson
MYCHAL ‘Sweet Bells’ Thompson said he’s delighted to have his two sons join him for an historic honour by the Bahamas Government in the same year that they made their own history by being the first duo to win the National Basketball Association and D-League titles.
Cuba looks to youth to recover faded boxing glory
By ANNE-MARIE GARCIA Associated Press HAVANA (AP) -- Lazaro Perez jabs rhythmically at his rival in a steamy Havana gym, dancing, feinting and punctuating each blow with a grunt. After the final bell, he thrusts a weary arm skyward in triumph, and a proud
Cuba looks to youth to recover faded boxing glory
By ANNE-MARIE GARCIA Associated Press HAVANA (AP) -- Lazaro Perez jabs rhythmically at his rival in a steamy Havana gym, dancing, feinting and punctuating each blow with a grunt. After the final bell, he thrusts a weary arm skyward in triumph, and a proud
'We lost so we have to continue to grow as a team'
BUDDY Hield picked back up where he left off last season and continued to be the leading scorer for the Sacramento Kings in their 2019-20 preseason opening series.The Kings and Indiana Pacers played the NBA’s first ever games in India at the NCSI, SV
Jonquel Jones leads New York to first WNBA Finals in 21 years with victory over her former team
UNCASVILLE, Conn. (AP) — Breanna Stewart and Jonquel Jones have New York back in the WNBA Finals for the first time in more than two decades.
Turnquest queries Budget’s ‘trickery’
The Opposition’s deputy leader yesterday questioned whether there was “some trickery” in the Budget numbers for the current and future fiscal years, noting that recurrent spending actually exceeded projections for 2014-2015.
Awards for ‘Catch Me If You Can’ regatta winners
AFTER hosting what was considered the biggest St Valentine’s Day ‘Catch Me If You Can’ Regatta in the 28th year of its existence, it was time for Eleazor ‘the Sailing Barber’ Johnson to make the presentation to the winners.
Capital backs Bahamas: ‘Get past’ 7.2m record
The Bahamas was yesterday urged to quickly “get past” pre-COVID’s record 7.2m visitor arrivals after this nation ranked among the top Caribbean destinations which tourism investment capital is most bullish on.
Court 'quashes' Commission probe into BISX firm's broker
The Securities Commission is appealing a court verdict that “quashed” its bid to assess the solvency of a BISX-listed company’s broker/dealer affiliate, which is embroiled in an ongoing $340 million fraud probe.
Tahnaj Thomas to start on the mound opening night
TAHNAJ Thomas will have an opportunity to make an immediate impression on the Pittsburgh Pirates organisation and their lofty expectations for him this season as he progresses to the Appalachian League. According to Tim Hayes of the Bristol Herald C
Sports in brief
THE New Providence Basketball Association resumed its regular season play at the CI Gibson Gym over the weekend after taking a break for the Christmas holiday.
‘Bad’ bank loans decline by $102m
Total commercial bank ‘bad loans’ fell by more than $100 million during the 2015 first half, although much more remains to be done to restore this key indicator to pre-recession levels.
Minnis right to avoid the media
Juan McCartney your March 6 National Review op-ed in The Nassau Guardian said that Prime Minister Dr Hubert Minnis “became hostile towards the media as he realised that he was subject to serious vetting”.
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.
Insurer: Dorian causes largest vehicle losses
Bahamas First says Hurricane Dorian’s devastation caused its “largest motor vehicle” loss ever with 538 claims producing gross losses of more $6m in that business category.The property and casualty insurer’s 2019 annual report adds that while most of
Tourism flat-lines as yields off 28% since millennium
A 28 per cent decline in per tourist spending yields since 2000 has resulted in “no growth” this century in the Bahamas’ largest industry, the Minister of Tourism revealed yesterday.Dionisio D’Aguilar told the House of Assembly that the decline in pe
Fund 'a victim of its own success' with 35% growth
RoyalFidelity’s Prime Income Fund was yesterday said to have become “a victim of its own success” after enjoying 35 per cent growth over the past year.Joseph Euteneuer, the investment bank’s mutual fund manager, told Tribune Business it was increasin
