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Gov’t to create $15m SPV intermediary for egg plan
THE Government will create an off-balance sheet special purpose vehicle (SPV) to facilitate the $15m project designed to drive The Bahamas to 100 percent self-sufficiency in egg production.
Gov’t to create $15m SPV intermediary for egg plan
THE Government will create an off-balance sheet special purpose vehicle (SPV) to facilitate the $15m project designed to drive The Bahamas to 100 percent self-sufficiency in egg production.
Two hit-and-runs and a suspicious death
A SWIMMER died after he was hit by a jet ski driver on Saturday.
Gov’t targets $15m egg self-sufficiency
The Government has not cut food security funding by 50 percent but is instead reallocating financing to a $15m project designed to make The Bahamas self-sufficient in egg production, a Cabinet minister has revealed.
‘Rubber hits the road’: 14 airports set for PPP
FAMILY Island Chamber presidents yesterday said “the rubber has hit the road” on critical infrastructure upgrades as they hailed the Government’s move to invite private sector bids on 14 airports.
Bahamas needs to ‘sustain’ doubled GDP growth rate
THE Bahamas must double its average economic growth rate over “a sustained period” through an “aggressive” pursuit of the right foreign direct investment (FDI) opportunities.
No political will to deal with SOEs ‘black hole’
A FORMER minister of state for finance has lamented that “there is no political will” to reform loss-making state-owned enterprises (SOEs) and cease throwing taxpayer monies down a “black hole.”
Digital entrepreneurs expose boating sector to innovations
BAHAMIAN digital entrepreneurs used the first-ever Bahamas Charter Yacht Show to showcase their products and services to potential customers in the maritime industry.
DIANE PHILLIPS: What is wrong with this picture?
SOMETIMES it is not what is in a picture, but what is missing that matters. Say a story about about a little boy and the dog who follows him everywhere, but only the child is pictured, leaving the image of the dog to the imagination. An oversight? Most likely. But the picture doesn’t hit the mark. You know something is missing.
Royal visitors meet golden stars
ROYAL visitors Prince Edward, the Earl of Wessex and Forfar, and his wife, Sophie, Countess of Wessex and Forfar, attended an awards ceremony at SuperClubs Breezes last night.
‘Heavy spending’ led to deficit rise
A Cabinet minister yesterday blamed an increased deficit on “very heavy spending commitments” incurred during the 2022-2023 fiscal year’s first half, but voiced confidence the Government will “meet or exceed” target.
Loss-making SOEs: You’ll ‘pay one way or another’
Bahamians must decide whether to pay the full cost of public services directly or as taxpayers to eliminate the financial “black hole” created by many state-owned enterprises (SOEs), a prominent banker is arguing.
Failed Lucayan sale to cost taxpayers $9.1m
The failed $100m Grand Lucayan sale is set to cost Bahamian taxpayers a further $9.1m with subsidies to the resort for the full fiscal year near-doubling in the 2022-2023 mid-year Budget.
First-ever yacht show to boost Bahamas potential
A BROKER yesterday voiced optimism that the first-ever Bahamas Charter Yacht Show will draw more focus to this nation’s rising potential as a boating destination.
Haiti is in dire straits
Jovenel Moïse’s death has created a power vacuum for the local gangs to seize control over more than half of Port-au-Prince as the death toll rises from gang warfare and the Haitian national police struggle to keep the peace while being underfunded, outmanned and outgunned.
Grand Bahama gospel concert to benefit local charities
PASTOR Simeon Outten has announced plans to hold a free gospel concert on Sunday at the Independence Park in aid of three local charitable ministries on Grand Bahama.
Members of Davis administration say ‘real action’ on illegal immigration taking place now
MEMBERS of the Davis administration defended government’s plan to tackle illegal immigration, arguing that “real action” is happening for the first time in a long time.
‘Wary’ over deficit rise, $76m spend increase
Bahamians should be “wary” but not alarmed after the Government yesterday revealed a modest $11.4m increase to its forecast 2022-2023 fiscal deficit along with a similar-sized capital spending cut-back.
Higgins aims to qualify for Olympics
Growing up on Harbour Island and a lover of water sports, Joshua Higgins said he knew that one day he would follow in the footsteps of his grandfather, the late Jacob Higgins, his father Melvin Higgins and his uncle Dwayne Higgins.
NPPPSSA members take advantage of two-day NPVA volleyball seminar
TO ensure that they are abreast of all of the rule changes before they start their volleyball competition, the New Providence Public Primary Schools Sports Association is engaging its members in a two-day seminar with the New Providence Volleyball Association.