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Leadenhall wind-up is 'about 90 per cent finished'

The wind-up of the most recent Bahamian bank to be placed in court-supervised liquidation is “about 90 per cent done”, with a further $4 million dividend to creditors recently-approved.

Fear of 'potential tourism softness'

The Central Bank of the Bahamas has warned that “potential softness” in key visitor source markets is creating some downside for the tourism industry’s 2014 performance, with the sector “relatively flat” in January.

Bahamas 'ass backwards' over oil negotiations

A well-known attorney yesterday said the Bahamas had done an “ass backwards” job in negotiations with the Bahamas Petroleum Company (BPC), arguing that the country should receive “no less than 60 per cent” of the proceeds if commercial quantities of oil were discovered.

Nassau/PI hotels suffer 90% room revenue decline

Nassau/Paradise Island hotels suffered a 90 percent year-over-year decline in January room revenues to highlight just how slow the initial post-COVID rebound actually was.

Vacation rental room bookings up 200,000

Vacation rental room bookings increased 152 percent year-over-year during the 2021 second quarter as the Bahamian economy continued to recover from the restrictions associated with the COVID-19 pandemic.

$2bn current deficit not so problematic

The Bahamas’ annual $2 billion current account deficit is “not as fickle” as many outsiders think, a former finance minister yesterday pointing out that this was traditionally balanced by foreign capital inflows.

Kalik brewer: We'll retain 'at least' 90% of workers

Commonwealth Brewery yesterday pledged to retain at least 90 percent of its workforce as the final number of staff to be terminated in the latest redundancy exercise has not been determined.

NPBA: Giants, buckets and stingers in win column

THE New Providence Basketball Association continued its regular season action with a triple header at the AF Adderley Gymnasium on Saturday night as the Commonwealth Bank Giants, Aliv Buckets and PJ Stingers all emerged victorious.The Giants held off

Child abuse cases increase by 87%

REPORTS of child abuse soared 87 per cent in 2023 compared to 2022, a contin- uation of what officials say is an increase in child abuse following the COVID-19 pandemic.

Rockets knock off Giants 87-73, Express roll past Eagles 75-53

THE Discount Distributors Liquors Rockets and the Produce Express both had a big night on Saturday at the AF Adderley Gymnasium as the New Providence Basketball Association continued its regular season.

Powerade Potcakeman Triathlon livens up Jaws Beach on calm day

THIS year’s Powerade Potcakeman Triathlon took place at Jaws Beach on a beautiful, calm day on March 5. Around 90 athletes entered the race with participants ranging from seven to 76 years of age.

One new case of COVID-19 diagnosed, takes total to 42

The Ministry of Health has confirmed one more case of COVID-19 in The Bahamas, bringing the total number in the country to 42.

Bahamas sees $900m boost from marine areas expansion

The Bahamas has generated a $900m annual economic boost by expanding its Marine Protected Areas (MPAs) to cover 20 percent of the country’s coastal environment, studies have estimated.

Munroe expects 90 per cent decrease in outpatient care when prison facility built

NATIONAL Security Minister Wayne Munroe said the Public Hospital Authority does not like prisoners receiving care at Princess Margaret Hospital –– one reason medical facilities will be built at the Department of Corrections.

Where's Christmas?

Passing through Nassau’s town centre of Rawson Square, one would be forgiven for thinking that December was just another month.

Anglican diocese to host 111th synod

Hundreds of Anglicans from throughout the Bahamas and the Turks and Caicos Islands will gather at Christ Church Cathedral tonight for the Pontifical Concelebrated Eucharist to mark the opening of the 111th Session of the Synod of the Diocese.

Waltiea Rolle puts up double double in loss

WALTIEA Rolle is no doubt developing into a dominant player. With less than two months to go before she heads for training camp with the Minnesota Lynx - the current WNBA champions - she still has lots to focus on while in Bulgaria like the upcoming playoffs.

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