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BISX-listed firm guarantees its broker’s solvency
A BISX-listed company has been forced to guarantee its main subsidiary’s financial solvency, after it failed to meet the Securities Commission’s minimum $300,000 capital requirements.
Knights hold seven point lead
THE defending champions CR Walker Knights hold a slim seven-point lead over the CV Bethel Stingrays going into the final day of competition in the senior segment of the Government Secondary Schools Sports Association’s Track and Field Championships.
Bahamas requires $160-$180m swing to 'stabilise' debt
The Bahamas needs a $160-$180 million ‘positive swing’ on its primary Budget balance to “stabilise” the debt-to-GDP ratio, with an even “stronger adjustment” needed to slash the $7 billion-plus national debt.The Inter-American Development Bank’s (IDB
$50m capital raising comes Aliv next week
The Bahamas’ new mobile operator will bring a $50 million capital raising ‘Aliv’ next week, its advisers yesterday predicting “a very successful offering”.
Swimmers get set for the 23rd Speedo Winter Championships
Betty Kelly Kenning National Swim Complex was crowded this past weekend as spectators from Abaco, Grand Bahama and New Providence watched as swimmers tried to achieve times to qualify for the 23rd Speedo Winter Swimming Championships in Plantation, Florida, on November 21-24.
How was infected able to fly home?
PRIME Minister Dr Hubert Minnis said a person who tested positive for COVID-19 was among the 183 residents who returned to the country on Friday, prompting a suspension of repatriation exercises. His revelation during a national address yesterday came as the country went without an additional confirmed COVID-19 case for the fourth consecutive day.
Freedom of Information Bill does not fix flaws, says expert
THE draft Freedom of Information Bill does not eliminate the flaws inherent in previous legislation passed by the former Ingraham administration, an expert on right to information laws has said.
Deceased activist Parisien named in fraud investigation
COURT documents detailing a two-year FBI sting operation into US visa fraud in Nassau name deceased activist Pierre Parisien as being involved in the scheme.
Govt’s new security near $250m target
The Government’s new Treasury Note security will finish “pretty close” to its $250 million first-year target, with the last 2015-2016 issue oversubscribed by at least 20 per cent.
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
1,000-seat Nassau boost from Delta
By NATARIO McKENZIE Tribune Business Reporter nmckenzie@tribunemedia.net DELTA AIRLINES is projecting load factors of between 80 to 85 per cent for its reinstated non-stop service between Nassau and New York's LaGuardia airport, airline executives tellin
Buddy vs Tavario in Sweet 16
FOR the second consecutive year, the NCAA Tournament’s Sweet 16 features an unlikely matchup of two Bahamian players facing each other on the biggest stage in college basketball.
Excise Tax snafu stymies start-up's 60 hires plan
A Bahamian-owned tobacco manufacturing start-up said yesterday it would pursue legal action as a “last resort” if it is unable to obtain an Excise Tax exemption on domestic sales, adding that its business model had been thrown “totally out of whack”.
Financial services can give itself ‘pat on back’
FINANCIAL institutions should give themselves “a pat on the back” for slashing the time taken to “cure” regulatory deficiencies to just 11 months, the Central Bank’s top inspector said yesterday.
Enlightened comments
In your July 9th 2020 edition there appeared a most enlightening and important letter under the heading ‘How we could have prevented pandemic’. I hope as many Bahamians as possible have read this contribution as it is invaluable. I, for one, learned many things I didn’t know about vaccines.
Gov’t: Inflation did not drive VAT revenue rise
Record inflation generated less than $10m of the VAT revenue increase in the first six months after the rate cut, the Ministry of Finance asserted last night, with the 2021-2022 deficit slashed by 48.4 percent year-over-year.
Phone service '95 per cent restored'
BTC officials said yesterday that nearly 95 per cent of its telecommunications network had been restored in the wake of Hurricane Sandy.
Bahamas beaten by Mexico in Puerto Rico
THE women’s national basketball team suffered its second straight loss at the Centro Basket, this time falling 74-52 to Mexico at the Coliseo Juan Aubin Cruz Auditorium in Puerto Rico.Coming off their 95-50 loss to Puerto Rico in their opening game o
