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Rates remain unchanged
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After their recent record run, the international stock markets lacked further momentum at the end of last week. On Friday, investors lacked buying arguments on both sides of the Atlantic and trading was experiencing a lacklustre day all around.
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Salvation Army sees Xmas donations fall
The Salvation Army yesterday revealed Christmas donations have declined this year despite launching collections at new locations with donor numbers remaining unchanged.
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Public consultation in December for bus fare rise
TRANSPORT and Energy Minister JoBeth Coleby-Davis said public consultation on planned bus far increases will be held within the first two weeks of December, with officials hoping to roll out a 25-cent increase in the first quarter of 2024.
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Reserves hit $2.9bn on Gov’t borrowing boost
The Bahamas’ foreign currency reserves expanded by almost $169m in May due to a boost from the Government’s external borrowing activities as they closed the month at near-$2.9bn.
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NPVA Recap: Panthers on a roll to close out the year
THE Caribbean Gas Panthers closed out the year with an unblemished record in the New Providence Volleyball Association (NPVA) standings after defeating the Set-sy Poppers at the DW Davis Gymnasium last week Friday.
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‘25 cent bus fare rise? Not approved by us,’ says ministry
THE Ministry of Transport and Housing said it had not approved a 25 cent bus fare increase.
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Minister urges end to pensions anomalies
A Cabinet minister yesterday called pension anomalies impacting Royal Bahamas Defence Force officers to be addressed.
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William ‘Knucklehead’ Johnson Cross Country Invitational Saturday
THE William “Knucklehead” Johnson Cross Country Invitational is scheduled to begin at 7:30am on Saturday.
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PM spokesman defends $2 tourism expansion
The Prime Minister’s spokesman last night said the $2 levy all Bahamian travellers must now pay will be used to finance further development of this nation’s tourism product for the benefit of all.
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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.
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New hope
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The averted US debt default, and positive data from the American jobs market, put international investors in a buying mood. In Germany, the Dax index jumped over the 16,000 point mark last Friday. Wall Street also closed higher.
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Jitney fares can’t ‘rise haphazardly’
Franchise owners yesterday reiterated it is premature for jitney drivers to increase fares by 25 cents amid reports that some have already begun this week to charge passengers $1.50
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New king can make a difference
King Charles was crowned King of The UK and the Commonwealth of Nations proper today. Salutes and a hardy Hoorah to thee. A new King, and an enabled leader of the UK in fact. Charles has been waiting for this day all his life, and it’s now his time to make a difference, imprint himself upon his nation and the world as a leader both different and unique to the British Monarchy. While Queen Elizabeth was a rock of the status quo Charles has a chance and an obligation to make a profound difference as a leader.
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Global hike
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The Bank of England, the UK central bank, is raising interest rates to 5 percent in the fight against inflation.
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Seventeen FC, Flamingo FC to meet again in CFL finals
SEVENTEEN FC and Flamingo FC will square off on the Roscow A L Davies soccer field next week Sunday for the Capital Football Label (CFL) Summer Soccer Championship.
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UPDATED – Saxons overall winners of Boxing Day parade
JUNKANOO supporters mocked officials after inclement weather that forced the postponement of the Boxing Day parade never came –– but Youth, Sports and Culture Minister Mario Bowleg said standard practices and scientific information spurred the change.
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NHI/drug plan merger to curb health waste
A Cabinet minister yesterday asserted that combining National Health Insurance (NHI) with the National Prescription Drug Plan will help to curb healthcare waste and inefficiency in the public sector.
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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.
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NAD returns to $322m debt terms compliance
The Nassau Development Company (NAD) no longer requires a government "commitment" or waiver from its lenders after returning to full compliance with conditions governing its outstanding $322.313m debt at end-September 2022.
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GSSSA Basketball finals start Monday
THE Government Secondary Schools Sports Association (GSSSA) basketball championships are all set for next Monday at the Kendal GL Isaacs Gymnasium.
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