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Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Mingoes pick Baha Jrs apart with 10-0 win
THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.
GB medical school’s $25m expansion to give 200 jobs
A Grand Bahama medical school says its imminent $25m expansion will create 200 construction jobs as it dismissed a legal battle with its co-founder as “a distraction”.
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.
$7m overspend on sports events
BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.
Man pleads guilty to causing harm to woman fined $500
IN court a man was ordered to compensate a woman after he admitted to attacking her last week.
Opposition in Spanish Wells to shanty demolitions
SOME Spanish Wells commoners oppose the impending demolition of illegal shanty town structures either entirely or in part, arguing that the needs of people who were allegedly given permission to build on commonage land should be respected even if their structures are not legally built.
PETER YOUNG: NATO fulfils its purpose
Celebrations of the 75th anniversary of NATO (North Atlantic Treaty Organisation) were in full swing last week as all concerned paid tribute to the success of this remarkable intergovernmental military alliance since its founding in 1949. In the words of its Secretary-General, Jens Stoltenberg, “NATO is bigger, stronger and more united than ever” and has broadly ensured peace, democracy and prosperity for its members.
What can country do to take advantage of kart racing?
FEW of us can name six senators serving now or remember who our Member of Parliament was ten years ago, but mention Lewis Hamilton and eyes light up. Recognition is instant. “The greatest race car driver of all time … A hero on the track and off …”
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.
Civil society: The cornerstone of democracy and progress
IN its broadest sense civil society is all the people, places, and things functioning in a civilised society.
Javonya Valcourt and Alonzo Russell take spotlight in US
QUARTER-milers Javonya Valcourt and Alonzo Russell took the spotlight in various meets over the weekend in the United States as the outdoor season began to intensify for our collegiate and elite athletes.
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.
NIB’s $240m loss at COVID’s peak
COVID-19 has left the National Insurance Board (NIB) facing an “uphill lift” to recovery after plunging the nation’s social security system into a $240m loss at the pandemic’s peak.
Bahamasair teams with TSA for faster security screening
Bahamasair says it has partnered with the Transportation Security Administration (TSA) to provide more efficient and seamless security processing for passengers flying to and from the US.
FOCOL targets wide growth in ‘preparing for the next 50 years’
FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”
Bakery reveals record Easter hot-cross sales
A Bahamian bakery yesterday revealed it enjoyed its best Easter to-date by selling just under 600 dozen homemade hot cross buns.
Grand Lucaya sees rise in occupancy numbers over long Easter weekend
SOME hotel properties experienced occupancy levels of between 30 and 40 percent over the Easter holiday, particularly in the Lucaya area.
Bahamas close to capturing its sixth straight CARIFTA Swimming Championship
TEAM Bahamas drew closer to capturing its sixth straight and eight out of nine CARIFTA Swimming Championship title on day three of the four-day competition last night at the Betty Kelly Kenning Swim Complex.
DAY TWO: Bahamas builds lead in hunt for six straight
AT the midpoint of the 2024 CARIFTA Swim Championships, The Bahamas' 26-member team continues to build on its lead in the quest for a sixth straight title.
