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Bahamian farm eyes 1.4m herbs in $60m joint venture
A Bahamian hydroponic producer and its US partner last night revealed they will invest $60m in developing a 71,000 square foot facility able to grow “300 times more food” than a traditional farm.
Summer of Thunder tourney gets off to exciting start
THE Bahamas Basketball Federation’s Summer of Thunder got off to an exciting start last weekend with a thrilling finish in the series opener and the first win by a local team in the series. The series began as the Temple Owls escaped with a 98-96 wi
Dancer Virginia Maura dies at the age of 97
CELEBRATED dancer Virginia Maura died Thursday at age 97 leaving behind a grieving family.
S&P goes ‘negative’ on Bahamas as debt ratio rises 11% pts
Wall Street last night forecast that the Bahamas’ net government debt would hit 45-47 per cent of GDP by 2013-2014, a double digit rise in three years, as one rating agency slashed its economic outlook on this nation to ‘negative’.
Stopovers beat pre-COVID for first time in January ‘23
Monthly air arrivals exceeded pre-COVID figures for the first time in January 2023, a senior tourism official said yesterday, while revealing that stranded or in-transit passengers have been unable to find hotel rooms in Nassau.
Seven-fold jump in Benchmark’s debt to clients no alarm
A BISX-listed firm has reassured investors that the seven-fold increase in monies owed to clients at year-end 2021 is no cause for alarm since it stems from $150m in securities trading activity.
Bank not obligated to provide further Baha Mar finance
Baha Mar’s $2.45 billion lender yesterday said the developer had contractually committed to financing any cost overruns on the project, and it was not obligated to provide further money.
Chamber says wage hike ‘was the best option’
CHIEF Executive of the Bahamas Chamber of Commerce and Employers Confederation Edison Sumner yesterday dismissed concerns raised by some private sector employers over the recent minimum wage increase, saying that the approved $210 rate was the “best option on the table”.
‘Showdown in Paradise’
The 2024 World Relays to be hosted on home soil at the Thomas A Robinson National Stadium is already shaping up to be exciting but officials added another layer of excitement with the launch of the pregame show “Showdown in Paradise”.
One new case of COVID-19 diagnosed, takes total to 83
ONE more case of COVID-19 has been confirmed today, bringing the total in The Bahamas to 83.
Goodman’s Bay hostilities erupt on 14-storey project
Hostilities erupted between Goodman’s Bay neighbours over allegations voiced at a public hearing regarding the motives for opposing the Wynn Group’s 14-storey penthouse project.
BFS deal: Require 25% stake sale to Bahamian investors
THE Government must ensure a minimum 25 per cent equity stake in Bahamas Food Services (BFS) is sold to the Bahamian public if it approves the company’s purchase by Sysco, a prominent businessman also warning it to guard against a food wholesale monopoly.
No VAT prosecutions, as quarterly filers hit over 80% compliance
The Government has yet to bring any prosecutions against delinquent Value-Added Tax (VAT) payers, while confirming last night that more than 80 per cent of quarterly filers had met the April 28 deadline for their first returns.
Men’s national basketball team splits wins with Jayhawks
TEAM Bahamas, with the newest addition of Phoenix Suns guard Eric Gordon, split games 1-1 against the University of Kansas (KU) Jayhawks this past weekend in Puerto Rico.
Jonquel Jones leads her team at FIBA World Cup
Just days after her WNBA season came to an end, Jonquel Jones returns to international play with Bosnia and Herzegovina at the FIBA Women’s Basketball World Cup.
BSF names water polo team
THE Bahamas Swimming Federation has completed two thirds of its national team that will represent the country at the XXXIV CARIFTA Swim Championships.
Minnis: Where did $100,000 cash come from for BEC payment?
OPPOSITION leader Dr Hubert Minnis yesterday renewed calls for an investigation into the $100,000 cash payment made to the Bahamas Electricity Corporation.
Bahamians receive postseason honours
A GROUP of Bahamian players played a prominent role on the Tallulah Falls varsity boys’ baseball programme and were recognised with postseason awards for their outstanding 2022 season.
Byron Ferguson secures berth in the Greece All-Star Classic
BYRON Ferguson has secured his berth in the Greece All-Star Classic this weekend.
A hero’s welcome home
Hailed as a “silver lining” in the destruction left behind by Hurricane Irma, Gavin McKinney returned home on Wednesday night to a “hero’s welcome” as the fourth Bahamian to win a world sailing championship title.
