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Atlantis hits pre-COVID cash flows with $182m
Atlantis has “stabilised” its net cash flow at pre-COVID levels by generating $182.3m for the year to end-March 2023, it was revealed yesterday, as analysts reaffirmed the credit ratings on its $1.2bn debt.
$30m investment set to aid 25,000 Bahamians
Some 25,000 Bahamians and 150 small and medium-sized enterprises (SMEs) are projected to benefit from a $30m investment to unlock the country’s ‘blue economy’ potential and enhance coastal protection.
AML: ‘Smaller’ stores are path to the future
AML Foods has signalled it paid $1.1m to acquire the future site of its Solomon’s Carmichael store and associated shopping centre as it revealed that “smaller footprint locations” will be its future format.
Commercial driver licence training raising concerns
Concerns were voiced yesterday over Abaconians and other Family Island residents incurring extra cost and inconvenience through having to fly to Nassau or Freeport for commercial vehicle driver training.
Record heat causing coral bleaching
THE record heat this summer is causing widespread coral bleaching, “killing off entire reef systems,” according to the Perry Institute for Marine Science (PIMS).
Abaco firefighters in licence confusion
HOURS after Abaco firefighters claimed police threatened to “book them” if they failed to get a commercial driver’s licence, the Ministry of Transport said fees for that licence are waived for emergency first responders.
EXAMS: DROP IN STUDENTS RECEIVING A TO C GRADES – Minister says BGCSE results show ‘much work to do at all levels of the system’
THE number of students who achieved A, B and C grades in BGCSE exams this year dropped compared to 2022, with more students receiving D, E, F an G grades.
Rolle: UB Athletics looking forward to ‘productive’ year
THE University of The Bahamas (UB) Mingoes have welcomed 25 freshmen student athletes to join the respective sporting teams. The Mingoes have fielded competitive women and men’s teams in basketball, soccer, track and field, golf, volleyball, softball and cross country over the years. With fresh faces now joining the fold, the UB Athletics Department is ready for the new sporting year.
Team Bahamas named for Concacaf Nations League
THE Bahamas Football Association has announced a 23-player roster for the upcoming Concacaf Nations League match against Puerto Rico. The game is scheduled to be held at the Thomas A Robinson National Stadium on September 9.
The Health Professions Council unveils new app
THE Health Professions Council has unveiled an innovative APP to enhance patient care and safety while streamlining the professional registration and accreditation processes.
Bahamian insurer shrugs off ‘profitability pressures’
A Bahamian general insurer yesterday saw its financial strength and creditworthiness reaffirmed by the industry’s major rating agency in the face of “profitability pressures”.
Senator’s financing ‘push’ over downtown authority
A government senator yesterday pledged he will “push” to ensure any authority created to manage downtown Nassau has access to the necessary funding.
Poultry farm targets next month for $45k hatchery
An Abaco poultry farm yesterday said its $45,000 hatchery will be completed by the end of September 2023.
‘Get fiscal house in order’ before $2.3bn debt repay
The Government has a narrow window to “get its fiscal house in order” and refinance $2.36bn in external bonds maturing over an eight-year period without challenges, a governance reformer warned yesterday.
Gov’t ‘doesn’t compare’ to GBPA upkeep record
The Government “cannot compare” to the Grand Bahama Port Authority’s (GBPA) record in maintaining Freeport because much of the infrastructure it is responsible for on the island is in “disrepair”, a licensee argued yesterday.
Fiscal Council limbo sparks ‘alarm’ over accountability
Governance reformers yesterday voiced “alarm” that the uncertainty surrounding the Fiscal Responsibility Council highlights a growing “trend” where public accountability and transparency “lack priority” within government.
‘Four hurricanes’ cost GB resort 20% of its revenues
A Grand Bahama resort generated “about 20 percent more revenue” prior to the “four hurricanes” that have struck the island since 2016, its senior executive has revealed.
Vendors exceed expectations at Royal Caribbean workshop
Royal Caribbean yesterday said the first Royal Beach Club workshop for potential Bahamian food and beverage, retail and artisan partners exceeded expectations by attracting around 70-80 attendees.
FAMILY OF EIGHT-YEAR-OLD IN SHOCK AFTER SHOOTING: Mother afraid to return home after daughter shot in leg
THE mother of an eight-year-old girl shot in the leg in Flamingo Gardens on Monday night said she is afraid to return home, is struggling to sleep and can’t stop replaying the moment when a man in all-black sprayed bullets on her and her children, endangering their lives.
Hall running for president of BBF
From running the floor as one of the top point guards from high school to college to serving as a junior national team coach, Grand Bahamian Quentin ‘Three Ounce’ Hall is hoping that his intensive background will enable him to move up as the new president of the Bahamas Basketball Federation.
