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Cable targeting ‘monumental improvement’ via Aliv refinance
Cable Bahamas’ top executive yesterday asserted the group is poised for “monumental improvement” in profits if it can reach agreement with the Government on refinancing Aliv’s debt at lower interest costs.
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Gov’t: We won’t add to gasoline pump prices
A Cabinet minister is voicing hope that reductions in global oil prices and energy costs will give Bahamian petroleum retailers some relief outside their long-desired 30 cents per gallon margin increase.
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Bank stability at 7-year high on $400m profits
The Bahamian commercial banking sector’s stability hit a seven-year high in 2022, the industry’s regulator has revealed, as combined profits soared nearly 59 percent to just shy of $400m.
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Anthonique Strachan finishes sixth in 200m final
ANTHONIQUE Strachan finally took her rightful place in her first global final in the women's 200 metres at the 2023 World Championships, but she had to settle for sixth best in a time of 22.29 seconds in Budapest, Hungary.
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Kaitlyn first Bahamian female to participate in collegiate water polo
KAITLYN Williams, the first Bahamian female to participate in collegiate water polo, scored a goal as the Iona Gaels women’s water polo picked up a 15-13 overtime win over Salem over the weekend.
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BDCS works to address over 200 upgrades for prison certification
CORRECTIONS Commissioner Doan Cleare says the Bahamas Department of Corrections should be a certified correctional facility by mid-2024, pending completion of more than 200 upgrades and recommendations from the American Correctional Association.
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Mingoes start slow against Inter-Nassau, pull off 4-0 victory
THE University of The Bahamas men’s soccer team started slow against Inter-Nassau FC – 17 in their Bahamas Football Association match.
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GB entrepreneur to crowd fund entertainment centre
A Grand Bahama entrepreneur will formally announce his bid to crowd-fund the development of an entertainment centre on February 3.
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Exuma man accused of $3,000 shopbreaking spree remanded until trial
A MAN was denied bail after being implicated in a shop-breaking spree in Exuma where he allegedly stole more than $3,000 worth of goods.
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Top swimmers look to make a splash at Pan American Games on Saturday
ZAYLIE Elizabeth-Thompson is expected to lead a contingent of female swimmers representing The Bahamas at the 19th Pan American Games - the largest multi-sport event in the Americas - in Santiago, Chile. A nine-member team, coached by Sara Knowles, will compete in the swimming segment of the event which is scheduled to begin on Saturday.
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Governor trims growth forecast ‘closer to 4%’
The Bahamas’ stopover visitor numbers rebounded to 97 percent of pre-COVID levels in the 2023 first quarter, the Central Bank’s governor said yesterday, while slightly trimming his full-year economic growth forecast.
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National debt growth slows as hits $11.5bn
The national debt's growth rate slowed below 1 percent during the three months to end-March 2023 as the total sums owed by The Bahamas to its creditors rose to just under $11.5bn.
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Just 8% of arable land being used for farming
Just 8 percent of all land allocated for Bahamian farming is presently being used for such purposes, it was revealed yesterday.
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Doctors Hospital: Blake Road revenues surge on gov’t deal
Doctors Hospital has revealed that in-patient revenues at its Blake Road facility near-quadrupled during its 2024 first quarter due to the deal to treat public healthcare patients there.
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CARIFTA TV payment cut in half on contract breach
An upfront $50,000 cash payment related to broadcasting rights for last year’s 50th CARIFTA track and field championships was cut by 50 percent after organisers breached the contract.
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Countdown to World Relays 2024 begins
THE year is 2024 and the stage is set in the picturesque Bahamas for yet another exhilarating edition of the World Athletics Relays just 200 days away.
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Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
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Albany developer’s Bahamas return after spared jail time
ALBANY’S principal investor was given permission to return to The Bahamas as early as yesterday after being spared jail time following his previous guilty plea to securities fraud.
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Basketball Smiles camp gets underway
THE Basketball Smiles camp returned to The Bahamas for the 24th year this week.
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Anthonique third in the 200, Nairn seventh in long jump
ANTHONIQUE Strachan got off to a slow start but managed to storm back for third place in the women’s 200 metres as the Wanda Diamond League concluded yesterday with the Prefontaine Classic.
