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African bank eyes $700m investment in Caribbean
The African Export-Import Bank (Afreximbank) is eyeing a $700m investment in the Caribbean as it prepares for its annual general meeting (AGM) that will be held in The Bahamas this June.
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BAMSI crops badly hit by Andros fire
THE Bahamas Agriculture and Marine Science Institute (BAMSI) said 75 per cent of its mangoes, 40 per cent of livestock pastures and 30 bee hives were destroyed when a fire ripped through forests this month.
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FNM claims govt broke law on finance
THE Opposition’s finance spokesman yesterday challenged whether the Government may have violated public finance laws by drawing on $133m from its “sinking funds” to pay debts coming due.
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PM dismisses concern GBPA dispute will undermine investor confidence
PRIME Minister Philip “Brave” Davis dismissed concerns that the government’s dispute with the Grand Bahama Port Authority (GBPA) undermines investor confidence and suggested that investors already lacked interest in the island.
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BTC slams ‘excessive’ $209,488 URCA fine
The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.
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Now-Cabinet minister wins just 14.5% of union claim
A SUPREME Court judge has awarded a now-Cabinet minister just 14.5 percent of the compensation he was seeking over a breach of contract battle with the Bahamas Union of Teachers (BUT).
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‘15 years too little for killing my son’
THE mother of Omar Davis, Jr –– the high-achieving young accountant killed in 2022 –– said the 15-year sentence her son’s killer has received is a “slap on the wrist” that does not bring justice.
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PharmaChem more than $68m insolvent
PharmaChem Technologies is more than $68m insolvent with its major creditor having secured just 26.3 percent of the massive debt owed to it, Tribune Business can reveal.
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