Govt listing to take BISX close to $9bn
The total market value of all securities listed on the Bahamas International Securities Exchange (BISX) will be just short of $9bn once the government completes the listing of its debt. The stock exchange’s 2019 first half report, released yesterday
Key Morton Salt issues 'remain outstanding'
The lead negotiator for Morton Salt’s line staff union says that despite “some movement” in talks between the two sides the key issues of salary increases and medical insurance remain unresolved.Obie Ferguson, who is also the Trades Union Congress (
BTC voluntary separation roll-out 'in coming days'
The Bahamas Telecommunications Company’s (BTC) chief executive has confirmed it will roll-out its latest employee voluntary separation programme (VSEP) “in the coming days”.Garfield “Garry” Sinclair, in a statement, said: “BTC reaffirms our commitmen
Long-serving tourism executive is rewarded
A Ministry of Tourism executive has won the Apex Award presented annually by Black Meetings and Tourism Magazine.Linville Johnson, who is responsible for the Ministry’s multi-cultural market development, joins previous winners such as tourism ministe
EDITORIAL: No comfort over BPL’s failings
If the public was hoping for reassurance from yesterday’s BPL press conference, there was little to be found.
PLP unimpressed by Bannister in dispute between Archer and Roach
“NOT acceptable” is how Progressive Liberal Party Chairman Fred Mitchell has described Works Minister Desmond Bannister’s response to a dispute between Registrar of Contractors Omar Archer and Works Director Melanie Roach. Last week, Mr Archer, a co
At 9.5%, jobless total at lowest level for 10 years, says Turnquest
FINANCE Minister Peter Turnquest said while the government is pleased the national unemployment rate has dropped to 9.5 percent, its goal is to drive numbers even lower by securing stronger and more broad based growth for the economy. The ministry s
‘Recent fire had no direct effect on load shedding’
A RECENT fire at Bahamas Power and Light’s Clifton Pier Plant has had no bearing on ongoing load shedding in New Providence.
NBA star Harden rides around handing out cash
A FEW Bahamians are a little bit richer today after Houston Rockets basketball star James Harden handed out cash while sightseeing in Nassau on Saturday. Instagram videos show the NBA star and some friends riding around Nassau on four-wheelers and h
INSIGHT: Come on Mr Bannister, do your job
MUCH of what we understand about the world comes from the carrot and stick approach – do something good and get something good in return, or vice versa.
New $95m power plant will be ready by December 15
BAHAMAS Power and Light’s new $95m power plant will be complete by December 15, according to Edmund Phillips, Wärtsilä business development manager.
BPL is on the edge of a cliff every day
BAHAMAS Power and Light CEO Whitney Heastie said the company sits “on the edge every day” and cannot guarantee there will be no further electricity cuts or when the nightmare will end.
Woman bleeds to death after cutting arm on glass window
A WOMAN died in hospital after reportedly smashing a glass window, leaving her with serious injuries to her arm. Last night, police said they were investigating the circumstances surrounding the incident, which they have classified as a “sudden deat
Spencer leads Caribbean team to over 70 tennis tourney
KIT Spencer, president of IC Bahamas, led a combined IC Caribbean team to an over 70 tennis tournament in Belgium.
Hundreds stranded as sailing cancelled
HUNDREDS of frustrated Bahamians and tourists scheduled to sail on Friday to Grand Bahama and Bimini on the Balearia were stranded for more than 24 hours in Fort Lauderdale. Balearia Bahamas Express, which provides fast ferry service between Florida
CRASH LANDING: Two men escape injury as private aircraft gets into trouble
ONE day after a private aircraft crash landed at Lynden Pindling International Airport, Tourism and Aviation Minister Dionisio D’Aguilar is underscoring the airport’s safety as well as the fact that it has “contingency plans” in place to swiftly tack
Baha Mar receivers ‘secretly gave Sarkis’ papers to Chinese’
Sarkis Izmirlian has accused Baha Mar’s former receivers of violating a Bahamian Supreme Court Order by passing confidential legal documents to the project’s main contractor.
URCA investigates ‘tightrope walking’ BPL over outages
Regulators have initiated an investigation into load shedding at Bahamas Power & Light (BPL), which admitted yesterday it is “walking a tightrope” every day to keep the power on.
INSIGHT: ‘Four years on and I’m still waiting for police to apologise’
ON reading the complaint of the beating by the police of two women in Exuma last week and the promise by National Security Minister Marvin Dames that there would be no “cover up” if officers in the case were found guilty of wrong doing, a senior government employee reveals today that he is still awaiting the results of his own complaint against two junior police officers.
