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Pro boxer Williams hoping to close year with bang

HE has only had two fights since turning pro in February, but Rashield Williams is hoping to close out the year with a bang next month. After losing his last fight to Javaune James on March 22 at the Miccosukee Indian Gaming Resort in Miami, Florida

CONCACAF Nations League: Bahamas blank BVI 3-0

TEAM Bahamas successfully protected home pitch and won their third consecutive CONCACAF Nations League match.

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Probe into Defence Force vessels deal: Bahamas $150m contract caught in Dutch inquiry

THE Netherlands is investigating alleged bribery involving the Christie administration’s acquisition of nine defence force vessels in 2014 and has been receiving co-operation from local officials for its investigation since June of last year.

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Water Corp supplier fears Dorian blow on $16.2m owing

The Water & Sewerage Corporation’s main supplier yesterday voiced concern that Hurricane Dorian has “exacerbated” the Government’s difficulties in paying the $16.2m debt owed to it.

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Mourning goes on for lost pilot

HIS pilot’s uniform was wrapped in a frame that sat in front of the church, a reminder that he loved flying and died after a crash a year ago this month.Byron Ferguson went missing on November 8, 2018.

BOB 'open for partners' as profits decline 75%

Bank of The Bahamas (BoB) is open to strategic partnerships, the deputy prime minister said yesterday, as the institution suffered a 75.2 percent profits decline for its 2020 financial year’s first quarter. Speaking outside the Accountants Week conf

NIB upgrades hailed as 'giant step forward'

The Chamber of Commerce’s chief executive yesterday hailed the National Insurance Board’s (NIB) new employer portal as “a giant step forward that could not be better timed”.Jeffrey Beckles, speaking after NIB presented its new initiative to the priva

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Three left orphaned as gunman opens fire

POLICE in New Providence are investigating the circumstances of a shooting that left a man dead yesterday.

Students affected by Dorian get help from IIE

THE Institute of International Education (IIE) is distributing $150,000 in one-time grants to 42 Bahamian students enrolled in higher education institutions in the United States who were affected by Hurricane Dorian.

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BUSINESS BITES: Unlike other half-baked oil projects, I hope this one succeeds - for all our sakes

The phrase “pouring oil on troubled waters” arose when seafarers saw the beneficial effect of pouring a barrel of oil on storm-tossed seas and found the waves were flattened and subdued.

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Marco Archer murder appeal set for March

KOFHE Goodman, convicted of the murder of 11-year-old Marco Archer, will have his appeal against that conviction heard on March 18, 2020. The date was set during a status hearing at the Court of Appeal yesterday. Last month, the prosecution withdre

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DPP African lawyers can’t work in courts

TWO Africans hired to top positions at the Office of the Director of Public Prosecutions have been denied admission to the Bahamian Bar, preventing them from arguing cases in court.

Outsourcer expands via 30% equity sale

A Caribbean business process outsourcer, which has an operation in Freeport, has sold a collective 30 percent equity stake to two Jamaican private equity firms to help finance further regional expansion.

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Lewis: Farm Road residents are posing us a challenge

THE Farm Road shanty town in Abaco remains occupied, hindering clean-up efforts in that area, according to Minister of State for Disaster Preparedness, Management and Reconstruction Iram Lewis. He made the statement when updating reporters outside C

Local insurers in $85m Dorian loss

The Bahamian insurance industry’s share of Hurricane Dorian losses is a collective net $85m, industry regulators revealed yesterday. Jamel Bodie, the Insurance Commission of The Bahamas (ICB) supervision manager, told the Accountants’ Week conferenc

Lashann Higgs scores 17 in Longhorns' 64-57 loss to Bulls

LASHANN Higgs returned to her role as the top scorer for the Texas Longhorns, but the team suffered an upset loss in the season opener. Higgs scored 17 points but the No.15 ranked Longhorns suffered a 64-57 loss to the South Florida Bulls. She shot

Agencies team on cascarilla industry

Government agencies have allocated some $200,000 to hep stimulate the creation of a cascarilla industry in the southern Bahamas using the co-operative model.

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Colombian CIBC sale goes ahead

The deputy prime minister has voiced optimism that CIBC’s sale of majority control in its Bahamian and regional affiliate will be “positive” given the buyer’s reputation for innovation.

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GB Power suffers $23m Dorian blow

Hurricane Dorian’s catastrophic winds and storm surge have inflicted a $23m blow on Grand Bahama Power Company, its Canadian owner revealed yesterday. Emera, unveiling its 2019 third quarter results, disclosed that Grand Bahama’s electrical utility

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Union seeking 'seat at table' on CIBC deal

Union leaders have written to the government seeking a “seat at the table” over the approval of CIBC FirstCaribbean’s majority sale to a Colombian-headquartered financial group.Teresa Mortimer, the Bahamas Financial Services Union’s (BFSU) president,