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BISX's share index doubles growth rate
The Bahamas International Securities Exchange’s (BISX) All-Share Index more than-doubled its growth rate last year compared to 2018, it was confirmed yesterday.The Index, which only measures share price movements among BISX-listed equity stocks and e
Satellites shine light on Dorian's damage
Grand Bahama’s share of total Bahamian economic output dropped by 4.5 percentage points in the six years to 2018 based on the the strength of “night lights” seen from space, a study has revealed. A newly-released Inter-American Development Bank (IDB
MP's firm misses chance to overturn its eviction
FOX Hill MP Shonel Ferguson’s investment company has squandered a chance at having the Privy Council overturn its eviction from a building it never paid real property taxes on since assuming responsibility for it some 13 years ago.
Court audit uncovered payments changes
AN Auditor General’s report into the Magistrate’s Court has exposed instances of cashiers allegedly altering payment receipts and nearly two dozen missing cheques.
Two men remanded on unlawful sex charges
TWO men were remanded to prison yesterday over allegations they each had sex with a teenaged girl.
Jimmy Norius ends up 4th overall in Brazil
AFTER being an International Federation of Bodybuilding and Fitness (IFBB) professional in 2018, Jimmy Norius had to slowly work his way on the international stage to compete. Over the weekend, he participated in just his second pro show at the Angel
BOB profits decline $1m on 141% credit loss rise
A 141 percent increase in loan loss provisions due to Hurricane Dorian and new accounting treatments have been blamed for cutting Bank of The Bahamas’ first-half profits by more than $1m. The BISX-listed institution, unveiling its results for the si
Ballpoint pen killer loses sentence appeal
A man has failed at his bid to have the Court of Appeal overturn his near decade-long sentence for stabbing another man to death with a ballpoint pen 13 years ago. The Court of Appeal dismissed France Louis’ appeal of his nine-year sentence for kill
Nassau airport targets 1,448-acre expansion
The Lynden Pindling International Airport’s (LPIA) operator has obtained 1,448 acres from the government for future runway expansion after recording its first-ever annual profit at $7.755m.The Nassau Airport Development Company (NAD), in its 2019 ann
Loan arrears fall $125m in 2019 to decade-low
Total loan arrears fell by $123.5m or 15 percent during 2019 to hit their lowest level for a decade at year-end, a Central Bank of The Bahamas presentation has revealed.The monetary policy regulator, unveiling the status of credit quality within the
BAIC's 160 staff warned to brace for workforce cut
Bahamas Agricultural and Industrial Corporation’s (BAIC) 160 employees have been warned to brace for job losses as the “heavily overstaffed” agency awaits the results of a manpower audit.Bishop Gregory Collie, its chairman, said Strivewise Performanc
Company to spend $48m on addressing environmental issues
CARNIVAL Corporation officials say the company has been experiencing a decline in sewage discharge problems as it embraces wide ranging measures to improve its environmental safety record. A top official said the company will invest $48 million over
Devynne Charlton looks to make her comeback
IT has been two years since she last competed on the international scene. But hurdler Devynne Charlton feels she’s in the right place at the right time to make her comeback.
Man admits stabbing alleged sex offender to death in bar
A man admitted yesterday to stabbing an alleged sex offender at a bar following an altercation nearly two years ago. Dino Pinto denied murdering Jeremy Petit-Frere on September 8, 2018, but instead pleaded guilty to the lesser charge of manslaughter
Govt halts Nassau Flight Services sale
The government’s decision not to proceed with the Nassau Flight Services (NFS) privatisation is no reflection on the two final bidders’ quality, a top aviation official revealed yesterday. Algernon Cargill, director of aviation, confirmed to Tribune
Flight Services must cut ‘growing taxpayer draw’
Nassau Flight Services (NFS) must “reduce its ever-increasing draw” on Bahamian taxpayers, a Cabinet minister charged yesterday, after privatisation efforts proved unsuccessful.
ATLANTIS SALE IS ABANDONED: Owners take resort off the market and now plan to reinvest
Atlantis will not be sold "at this time", it was revealed last night, with its owner instead deciding to unleash a "significant" three-year investment strategy despite receiving multiple offers.
PM predicts jobless rate will fall to 6% by end of 2021
PRIME Minister Dr Hubert Minnis yesterday predicted the national unemployment rate will drop to six percent or less by the end of 2021. Dr Minnis made the prediction while speaking to reporters about the reactions he received from residents in Abaco
Shenique hits out after ZNS dismissal
SHENIQUE Miller, host of the daytime talk show The Conversation, is disappointed ZNS has terminated her contract after what she says is the huge success of the show.
Murray and Simmons join Fighting Knights
Following a short stint in the minor leagues, a pair of Bahamian players are getting their opportunity at collegiate baseball with the Lynn University Fighting Knights. Byron Murray and Kyle Simmons have helped Lynn to a 2-0-1 record early in Sunshi
