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Cable: URCA regulations ‘impede’ mobile roll-out
Cable Bahamas has warned that the Utilities Regulation and Competition Authority’s (URCA) own infrastructure sharing regulations will prevent the winning mobile bidder from meeting the Government’s “ambitious” network roll-out targets.
Tourism share loss to Cuba ‘inevitable’
A prominent businessman yesterday said it was “inevitable” that a fully-open Cuba will eventually “take a piece of the Bahamian tourism pie”, amid calls for this nation to urgently boost its economic competitiveness.
Pro basketball players Munnings, Davis headed to new clubs in France
A PAIR of national team members from the recent FIBA World Cup ‘23 Americas Qualifiers will head to new locations when they resume their pro careers in Europe.
NPBA: Regulators and Pros tied in first place
IT’S still early in the season, but Mr Ship It Freight Regulators and Island Game Pros both won on Monday night to stay tied in first place in the Vince Ferguson Division of the New Providence Basketball Association.
Bahamas suffers cruise tourism spend flat-line
Total cruise passenger spending in Nassau and Freeport has flat-lined over the past three years, a newly-released industry survey revealed yesterday, even though per capita yields are up 27.8 per cent.
Buddy ties career high
His production as a member of the Sacramento Kings continues and Buddy Hield reached a new mark this week by tying an NBA career high.
New Defence Force vessels a fisheries 'bright light'
THE Government’s move to bolster the Royal Bahamas Defence Force’s (RBDF) fleet by purchasing nine new vessels was yesterday described yesterday as a “bright light” for Bahamian fishermen in the long-running fight against illegal poaching.
VIDEO: New RBDF ships to make maiden voyage next month
THE first of nine new Royal Bahamas Defence Force vessels will make its maiden voyage next month, National Security Minister Dr Bernard Nottage said yesterday.
Falling mortgage arrears improve commercial loan position
COMMERCIAL bank loan arrears improved in February by $60.2m, with the most significant decline in mortgage arrears which, according to the Central Bank of the Bahamas, contracted by $39.2m.
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.
Brackets released for inaugural Islands of the Bahamas Showcase
THE brackets have been released for the inaugural Islands of the Bahamas Showcase and a stacked field of recent NCAA Tournament participants are slated to compete.Eight elite mid-major NCAA Division programmes will participate in the early season tou
Rand Memorial Hospital 'yet to fully recover' from loss of staff after Dorian
THE Rand Memorial Hospital has yet to fully recover from the loss of physicians and nurses in specialty areas and hospital equipment.
Inflation to stay ‘high’ as food costs up 11%
The Central Bank yesterday warned Bahamian consumers that inflation will remain “high” in the near-term, and decline more slowly than in other countries, with food and drink prices rising 11 percent over the year to end-June 2023.
Exchange rate was 'never in jeopardy'
The Bahamas’ $838 million foreign currency reserves “are in line” with both their internationally-recognised adequacy benchmarks, the Central Bank of the Bahamas governor yesterday saying the one:one US dollar peg was “never in jeopardy” over the past decade.
Wilchcombe ‘very pleased’ with efforts to fight crime
TOURISM Minister Obie Wilchcombe yesterday said officials are making marked progress in protecting the country’s tourist areas from the criminal element.
NPBA to end year on Wednesday
THE New Providence Basketball Association will complete the year with games on tap tonight and Wednesday at the AF Adderley Gymnasium before taking a break for the Christmas holiday. The league will return to action on January 4.
Dames: Multi-faceted plan needed on crime
FORMER Deputy Commissioner of Police Marvin Dames believes the government has been unable to control violent crime in the country because it is lacking a strategic plan that involves a multifaceted approach to the problem.
The corned beef and grits Budget
It is clear that the trio in charge of the Ministry of Finance has been forced to come up with a corned beef and grits 2021-2022 budget. If this is the best that they are able to come up with, God help us. It is conceded that taxes have been held at bay but that there is no real wiggle room for critical infrastructure and people development.
Atlantis Crown Gynmastics Invitational Thursday at Atlantis
THE excitement is building for the hosting of the fourth annual Atlantis Crown Gymnastics Invitational. It’s all set to get underway in the Imperial Ballroom of the Atlantis resort on Paradise Island tomorrow.
Mid-Year Budget mum on $1.5bn ‘titanic iceberg’
A top accounting firm yesterday said the Government’s mid-year Budget statement had effectively ignored the growing $1.5 billion public sector pension fund deficit, despite projections showing it will hit “unsustainable” levels within less than 10 years.
