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Montaque: Related parties owe 28% of 5.4m receivables
Some 28 per cent of Montaque Capital Partners’ $5.351 million receivables are owed by related parties in which its former principals, Owen Bethel and Edison Sumner, have continuing involvement.
Bahamas total debt over 90% of GDP
The Bahamas was yesterday said to be “in a very, very dark position” after the Central Bank revealed that total public sector debt was a mammoth $7.604 billion, a sum equivalent to more than 90 per cent of national economic output (GDP).
‘Satellite meetings’ on Baha Mar continuing
The parties to the $3.5 billion Baha Mar dispute were yesterday said to be participating in “satellite meetings”, as talks seeking to achieve a commercial resolution to the impasse continued.
Licences 'soon' for nation's second cellular provider, says PM
THE Utilities Regulation and Competition Authority (URCA) will award licences to the country’s second cellular mobile services provider soon, Prime Minister Perry Christie said during his budget communication yesterday.
UPDATED – Cases count: 16 positive, including exuma woman
THE Bahamas recorded 16 new cases of COVID-19 yesterday, including ten on Grand Bahama and five on New Providence.
Dwight Coleby and Hilltoppersaccept bid to play in the NIT
IT may not be on the main stage in the NCAA Tournament but several Bahamian NCAA Division I basketball players will still have postseason opportunities. Dwight Coleby, Travis Munnings and Calvin Anderson will be featured in tournaments as their prog
Victim was 'nice, quiet young boy'
A NEIGHBOUR of the man who was shot dead on Monday night is taken aback by his murder, describing the victim as a quiet and down-to-earth person. Kevin Storr, believed to be in his early twenties, was killed near his home on Toote Shop Corner off Ea
The sting of death
In memory of my beloved brother-in-law Andrew Melvin Newton, of Nassau, Bahamas, who transitioned to heaven on November 1, 2017. Dedicated to his wife Shena Newton and sister Theodora (Dora) Newton. What makes the sting of death so painful is that ea
97 new cases of COVID-19
The Ministry of Health reported on Thursday that there were 97 new cases of COVID-19, one non-COVID-19 related death and 84 people confirmed as having recovered.
SPORTING MISCHIEF & MAYHEM: Remembering King Carl, an everlasting MLB great
TOMORROW is May 27, 2015, and who knows if an historic moment in sports will occur when professional teams take to the diamond, hardwood and rink respectively?
Police may assist in beach patrols
TRANSPORT and Aviation Minister Glenys Hanna Martin said officials are discussing using police and Royal Bahamas Defence Force officers to assist her ministry in patrolling beaches and enforcing the rules of the water sports industry.
QC Comets in lead after day 1
Day one of the 2019 Bahamas Association of Independent Secondary Schools’ Track and Field Championships saw the two familiar powerhouse programmes race ahead of the field in another edition of the renewed rivalry.
Atlantis: 30% spend, rate jumps ‘as good as it gets’
Atlantis yesterday said its year-to-date performance is “as good as you can get” with rates and visitor spending per occupied room both exceeding pre-COVID levels by up to 30 percent.
PETER YOUNG: Small island developing states should speak with one voice
HAVING written only last week about COP26, the UN Climate Change Conference which opens in Scotland in less than one week, I hesitate to return to the subject today for fear of repetition. But there has been a significant new development and it may also be worth reiterating the importance of the conference to Small Island Developing States (SIDS) which include, of course, The Bahamas.
Jonquel Jones posts double double to win in China
JONQUEL Jones went head-to-head against her Connecticut Sun teammate Morgan Tuck in the Women’s Chinese Basketball Association but came away with a lopsided win for her club.
Jones posts double double as Sun win on opening night
JONQUEL Jones began the 2019-20 WNBA regular season with a double double as the Connecticut Sun won on opening night.
Albany donates $1m to Urban Renewal
ALBANY developers yesterday donated $1m to the Urban Renewal Foundation in a move hailed as unprecedented in corporate sponsorship.
Buddy ties his career high 22
Nearly a week to the day when he set his career high, Buddy Hield equalled that mark last weekend as his efficient shooting continues for the Sacramento Kings.
Strikers pack a punch
COACH Ronn Rodgers was quite pleased with the performances of his Strikers Boxing Club as they won two of their three matches against the visiting team of boxers from New York at the Enoch Backford Auditorium on Saturday.
Shamar earns Subway Player of the Game
Burrows and Dalhousie Tigers claim their 3rd straight AUS title, qualify for U Sports Final 8
Shamar Burrows and the Dalhousie Tigers claimed their third consecutive Atlantic University Sport championship and now look ahead to joining the best programmes in Canada at the U Sports Final Eight next month.
