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Will a new Commissioner change things?

POLICE Commissioner Clayton Fernander’s pedigree, mostly CID-DIU, could change things, but the data on where the guns come from causes me, and should cause everyone, serious anxiety that little will change.

Survey of labour force due to begin next month

THE country’s labour force survey is set to begin next month, according to labour director Robert Farquharson.

Monkeypox

According to the Centre’s for Disease Control and Prevention, monkeypox is a rare disease caused by infection with the monkeypox virus, and is related to the variola virus that causes smallpox.

NIB fund hit for $190m by COVID

A $190m deficit blow-out triggered by COVID-19 resulted in the National Insurance Board’s reserves slumping to $1.54bn at year-end 2020, it can be revealed.

‘No need to fear’ over Scotiabank-NUA deal

Bahamas First’s top executive yesterday dismissed concerns over its wholly-owned agency’s tie-up with Scotiabank, saying: “The market doesn’t need to fear there’ll be unfair competition.”

Development Bank aided by $20m NIB bond switch

Some $37m in Bahamas Development Bank (BDB) bonds held by the National Insurance Board (NIB) were converted into a long-term 20-year loan as the lender’s solvency deficiency rose to $13.629m at year-end 2020.

Team Bahamas beaten by Dominican Republic

THE Bahamas women’s national basketball team will have to play for the bronze medal on Sunday at the FIBA Caribbean Women’s Championships after losing to the Dominican Republic in their semifinal playoff game on Saturday.

Settlements of lawsuits & independence

Please permit me to share my views and comments in respect to what appears to be a predisposition on the part of the government to settle lawsuits without the benefit of having certain issues raised therein judicially ventilated and determined by the courts.

Mother seeks answers over son's drowning

A devastated mother is left without answers following the drowning of her son.

Lawyer in libel case wants MP's ex-fiancée to give evidence

THE attorney representing the man accused of defaming Long Island MP Adrian Gibson has requested that Mr Gibson’s ex-fiancée be summoned to court to give evidence in the case.

Banking fees modern day piracy

I am writing today as a concerned citizen and a resident of the Spring City domes. I was reading an online an article published on July 8th, which was speaking of the Minister trying to have the domes demolished by August!

Will Equinor sale pay for clean-up?

KWASI Thompson, MP for East Grand Bahama, has asked the government about the status of the possible sale of Equinor and whether it would ensure sufficient funds are left in place to clean up any remaining oil spill in East End.

Cooper concedes action to have negative impact

DEPUTY Prime Minister Chester Cooper says it is likely Monday’s industrial action by airport employees will have a “significant” impact on the country’s economy due to the number of tourists who missed their flights.

LinkedIn gives VAT alert to Bahamians

Bahamians have been alerted that LinkedIn, the professional networking app, has become the latest digital economy app to impose 10 percent VAT with effect from July 21, 2022.

Bahamas ‘riding the bet’ over tourism demand

The Bahamas is “riding the bet” that pent-up tourism demand will offset a slowing US and global economy, a financial provider said yesterday, while warning: “That may not last for long.”

Give up pension ‘bargain’ to save future generations

Bahamians must give up the “bargain” of their generous National Insurance Board (NIB) pension to prevent “future generations” facing an unsustainable financial burden, it was revealed yesterday, as “the day of reckoning” arrived.

DIANE PHILLIPS: Who really named The Bahamas? Was it Lucayans, not the Spanish and does it really mean what we think?

FOR AS long as any of us can remember, we have believed what we have been tol that the Spanish who first discovered these islands in 1492 gave them their name, Bahama, meaning shallow sea.

‘Appetite for more’: Deals for $150m in capital eyed

A Bahamas-based investment banker has revealed three further capital raisings, each worth between $20m-$50m, are set to launch this year while asserting: “There’s definitely appetite for more transactions.”

NIB rate hikes ‘totally impossible’ to absorb

Bahamian businesses have warned it is “absolutely impossible” to absorb the contribution rate increases required to save the National Insurance Board (NIB), adding: “The can’s been kicked to pieces at this point.”

COVID gives Doctors $58m top-line boost

Doctors Hospital has enjoyed a $58m revenue boost from COVID-19, it was revealed yesterday, helping to send net income soaring by 130 percent year-over-year for the 12 months to end-January 2022.

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