Loan delinquencies up $92m as tourism arrivals totally dry-up
Mortgage and consumer loan delinquencies soared by $91.8m in two months as tourist arrivals to The Bahamas dropped 98.4 percent year-over-year for October, the Central Bank has revealed.
AG: New tax for BPC if royalties 'abysmally low'
The attorney general yesterday said the Government could impose a new tax on Bahamas Petroleum Company (BPC) if it declines to renegotiate "abysmally low" royalty rates that are the world's poorest.
'Taxing' to hit $100m Gov't spending cuts
The Ministry of Finance's top official yesterday admitted it will be hard-pressed to achieve the $100m in recurrent spending cuts it is targeting over the next six months, conceding: "It will be very taxing."
'Payments crisis' not Gov'ts fault
A Caribbean economist yesterday stuck to her forecast that The Bahamas "faces a potential balance of payments crisis" within the next two years but is arguing this will not be the Government's fault.
Bahamian dies in custody of U.S. immigration
ANTHONY Jones, a Bahamian, died on December 17 while in the custody of US Immigration and Enforcement (ICE) at the Adams County Detention Center in Natchez, Mississippi.
‘Pay nurses for working in pandemic’
THE Bahamas Nurses Union said it is giving Prime Minister Dr Hubert Minnis until December 31 to pay nurses what they are owed for giving service amid the COVID-19 pandemic, suggesting the government should be sued over the matter.
AG: Fisheries bill is not discriminatory
ATTORNEY General Carl Bethel has defended the Fisheries Bill 2020 against criticism that it is discriminatory, saying the government wants to preserve an area of the economy for exclusive Bahamian utilisation and benefit.
DRILLING BEGINS . . . but Bethel says govt will negotiate a bigger share if oil is found
ATTORNEY General Carl Bethel assured Bahamians that the government intends to renegotiate the scale of royalty fees if commercial quantities of oil are found in the country.
Jonique’s Stride for Hope
AFTER almost a year since she passed away, coach Terrance ‘Red Eye’ McSweeney finally completed a memorial for his former Diamond Basketball development programme player Jonique ‘Mini’ Webb.
Baseball tournament brings economic boost to Grand Bahama
Grand Bahama received hosted a world-class international youth baseball tournament from December 17 until yesterday.
Strachan declares for the NFL Draft
Mike Strachan has officially declared for the 2021 National Football League draft.
‘This will harm our business’
A BAHAMIAN seafood businessman fears the government’s new Fisheries Bill will hamper his business and lead to a loss of critical staff.
Robbery accused denied bail
A MAN and a teenager were remanded to prison over allegations that they robbed three people last week.
$1,500 fine for attempt to use fake bank card
A MAN who last year attempted to purchase an iPhone with a fake bank card was fined $1,500 yesterday.
Jailed for 18 months over gun used for ‘protection’
A 25-year-old man who was found with an illegal firearm that he claimed he had for “protection” was yesterday sentenced to 18 months in prison.
Man denies throwing rock at woman
A 20-year-old man who denied assaulting a woman with a rock last month was granted $1,500 bail ahead of his trial.
Government must ban oil drilling
Is the Bahamas Government going to risk destroying The Bahamas $8bn per year tourism and fisheries sector ($80bn over ten years) for Simon Potters’ promise of $5bn in oil revenue that is based on a speculative oil well and a confidential oil deal with the Bahamas Government?
Discrimination, Mr Ingraham?
If I believed for a second that Hubert Ingraham honestly did not know better and really thought that years of complaints of Bahamian fishermen about foreign spousal permit holders in the industry (a phenomenon addressed in the new Fisheries Act) were driven by mere “discrimination”, then maybe I could see some point in his letter appearing in both dailies on the 21st December. But Mr Ingraham knows better.
Dr Timothy Barrett appointed as UB’s mental health consultant to assist students and faculty
The University of the Bahamas has appointed Dr Timothy Barrett to serve as Mental Health Consultant effective Monday, January 4, 2021, providing mental and psychological health services for faculty, staff and students, including the University of the Bahamas-North community.
Jordan relaxes in Bahamas before the big game
HIGHLY acclaimed linebacker Jordan Strachan took some time to relax in the Bahamas before he returned to Georgia State University for their big college bowl football game this weekend.
