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Fund ‘first’ targeting $100m in five years
A Bahamian investment bank yesterday unveiled ambitions to “make a massive difference” for the economy by growing the country’s ‘first-ever’ private equity fund to $100m within five years.
Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
Investor’s $2.2m San Sal hotel claim ‘unenforceable’
A US investor’s $2.239m claim against the family owners of a well-known San Salvador resort has been branded as “unenforceable” by a Supreme Court judge and rejected in its entirety.
Otto Laing going to Howard University
Carifta gold medallist Otto Laing will be headed to Washington DC to commence his studies and collegiate track career at Howard University.
CFL summer soccer returns every Sunday
THE Capital Football Label (CFL) Summer Soccer Championships are back at the Roscow A L Davies soccer field every Sunday until August 20.
Authentic Bahamian goods sales struggle
VENDORS at the Nassau Cruise Port have been having difficulty in promoting and selling authentically Bahamian products, it was asserted during a press conference held by the Trade Union Congress (TUC) yesterday.
Musicians hit at ‘second class citizens’ treatment
Bahamian musicians yesterday argued that they remain unemployed while foreign entertainers are permitted by the Government to work at major New Providence resorts.
Lobster season fears over boat registration fee reform
Bahamian fishermen were yesterday “eagerly awaiting” promised revisions to the over “ten-fold” increases in annual boat registration fees amid fears the reforms will not take effect before lobster season’s August 1 start.
Contractor chief: Stop Heads of Agreement ‘blank cheques’
The Bahamian Contractors Association’s (BCA) president yesterday demanded that the Government stop giving developers “a blank cheque” to bring in foreign contractors and workers amid the latest British Colonial/Pointe controversy.
$15,000 reward offered to find missing Kyle
TWO months after 20-year-old Kyle Carey went missing, his family still hope for his return.
GARDINER PRODUCES WORLD-LEADING TIME: Wins 400 metre race in Hungary
Steven Gardiner produced the world’s fastest time and lowered his meet record in the process to win the men’s 400 metres at the Gyulai Istvan Memorial in Szekesfehervar, Hungary.
Deandre Ayton ‘thinking about’ playing for the national team
BAHAMIAN professional National Basketball Association (NBA) player Deandre Ayton remains undecided on his decision to play with Team Bahamas at the FIBA Olympic Pre-Qualifying tournament in Argentina.
Anthaya Charlton transfers to Florida
AFTER producing a stellar freshman season for the University of Kentucky Wildcats track and field team, sprinter/long jumper Anthaya Charlton has moved on to the Florida Gators.
FACE TO FACE: LeRon Rolle - Aiming for world success in archery
THE Bahamas has had the kind of international success in sports that some small countries only dream of. Bahamians stand tall, beaming with national pride when their national anthem is played from podiums around the world, knowing that another athlete has captured a gold medal.
$2m allocated to repair roads on New Providence
THE Ministry of Works officials said $2m had been allocated to repair roads and remove potholes.
EDITORIAL: The law must be the law for all
IN this column yesterday, we highlighted the frustration many people felt when investigations are promised but nothing ever seems to be delivered.
Davis administration looking to ‘tone down’ cost of new correctional facility
THE Davis administration has asked prison officials to reduce costs for a planned high-medium security correctional facility, according to acting Corrections Commissioner Doan Cleare.
BPL’s 71% cost hike branded ‘outrageous’
Private sector executives yesterday branded the 71 percent hike in Bahamas Power & Light’s (BPL) total energy costs as “outrageous” and “brutal”, with one saying: “I don’t know how businesses are surviving.”
$700m external loan goal ‘looking very favourable’
The Government’s bid to raise almost one-third of its near-$2.2bn gross financing needs for the 2023-2024 fiscal year from external banks is “looking very favourable”, a senior official revealed yesterday.
More than 50 competitors in the 50th National Bodybuilding Championships
WITH so many of the top competitors earning their professional card and others opting not to compete anymore, the Bahamas Bodybuilding Federation is still pressing on to provide some top notch competitors for the future.