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‘Sky is not falling in’ on NIB - yet
THE Government still has multiple reform options to rescue the National Insurance Board (NIB) from collapse if it acts now, a pensions specialist asserted yesterday, adding: “The sky is not falling in” yet.
Cut $11.8bn debt ‘absolutely’ amid growing distress fears
The Bahamas must slash its $11.843bn national debt in “absolute” terms, a top banker urged yesterday, after this nation was named among ten countries whose bonds are now trading at “distressed” levels.
Restaurant entrepreneur: Growth ‘blows our mind’
A New Providence restaurant entrepreneur yesterday said the company’s growth from a home-based business to an actual physical location despite the COVID-19 pandemic “blows our mind”.
Leader award for Bahamian farmer
BAHAMIAN farmer Deon Gibson, an agricultural enthusiast, has been recognised as a “Leader of Rurality”.
Jonquel Jones opens up on price of ‘coming out’
REIGNING WNBA MVP Jonquel Jones claims that her sexuality continues to hinder her marketability - citing a specific local case with one of the country’s leading telecommunications providers.
Junior girls hope to ‘get back into medal round’
FIBA Centrobasket Under-15 Girls Championship
Head coach Varel Davis said the Bahamas junior girls national team is a very young team, but they are performing as best as they can at the FIBA Centrobasket Under-15 Girls Championship.
Financial industry in more attrition
The Bahamian banking sector saw total on-balance sheet assets shrink by $23bn or 13.3 percent in 2021 as the industry faced regulatory and other “headwinds” that continued to chip away at its size.
$500,000 for women’s shelter
THE government has allocated $500,000 for a new women’s shelter, it was revealed in the Senate.
Crowdfunder aiming to be ‘next Bamboo Shack’
A Bahamian restaurant entrepreneur yesterday unveiled ambitions to become “the next Bamboo Shack” after raising almost one-third of his minimum $320,000 capital target within the first ten days.
Health insurance VAT: 'This is not about money'
The Government has undertaken not to change the VAT treatment of private medical insurance claims until a full study is done, its top finance official asserting: "This is not about trying to get tax money."
Ex-marina chief doubtful on PM’s yacht registry ambition
A prominent marina operator yesterday voiced doubt that eliminating 10 percent Customs duty on so-called “pleasure vessels” will spark development of a yacht registry as envisioned by the Prime Minister.
‘We have not been consulted by govt on marijuana legislation’
HIGH priest Rithmond McKinney said the Davis administration has not consulted with his community regarding their sacramental rights as officials move to finalise legislation that will regulate medical cannabis and industrial hemp industries.
Jazz Chisholm Jr leads All-Star Ballot Returns for NL 2nd Basemen
JASRADO “Jazz” Chisholm Jr emerged as the leading vote getter for National League second baseman after the first return of 2022 MLB All-Star ballots.
'BPL hedging deal is still in place'
BAHAMAS Power & Light Company’s hedging deal is still in place and will continue to cover a portion of the electricity provider’s fuel costs until next year, Latrae Rahming, director of communications in the Office of the Prime Minister, said yesterday.
Bahamian digital asset move drives job creation
The Bahamas’ entry into the digital assets space has created at least 30 jobs, and pumped over $5m into the economy, by attracting new broker/dealers and cryptocurrency exchanges to this nation, a financial provider says
Team Bahamas ends up fourth overall
FIBA UNDER-15 CENTROBASKET CHAMPIONSHIPS
HAD it not been for two teams pulling out before the start of play, head coach Quentin ‘Three Ounce’ Hall feels the Bahamas’ boys national team would have performed much better at the FIBA Under-15 Centrobasket Championships in Gurabo, Puerto Rico.
‘No impact’ on tourism from Exuma resort deaths
EXUMA’S tourism numbers remain strong despite the tragic deaths of three American tourists in May at Sandals Emerald Bay Resort.
Workers won't see 'equitable rebound'
Bahamian workers are unlikely to enjoy an “equitable rebound” in employment conditions post-COVID, the Inter-American Development Bank (IDB) is warning, with the pandemic likely to have worsened existing skills gaps and mismatches.
Technology provider eyes data recovery laboratory
A Bahamian technology provider says it is investing in a “data recovery laboratory” that will employ biometrics, and face and voice recognition, to help prevent fraud in an increasingly digital world.
Motorists’ misery only just begun
THE Ministry of Works and Utilities said the Village Road Improvement project is slated for completion at the latest in November as some citizens complain about the inconvenience of road repairs and closures in the area.
