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Aliv’s $15m offering could ‘double’ goal

ALIV’s advisers yesterday expressed confidence that its latest $15 million capital raising, which launches Monday, could raise double the target despite lower-than-forecast revenue margins.

Questions over FOIA

On the eve of the expected passing of the Freedom of Information Act, there is an expectation that we will have access to the information that will validate or discredit what we have been hearing from the present administration about what is going on in our nation; particularly the Baha Mar project and whatever agreements this administration has entered into with the Chinese government and those who operate on behalf of that regime.

$70m Aliv exit delay on Cabinet queries

The Government’s exit from its $70m majority ownership of Aliv has been delayed by the Cabinet’s desire for “clarity and comfort” on the chosen route.

Baha Mar sale process begins

Baha Mar’s receivers have launched a formal sales process for the stalled $3.5 billion project by hiring a Canadian-headquartered real estate firm to market it to potential purchasers.

Baha Mar’s ‘red flag’ on project supervision

Baha Mar’s inability to discover it could not meet its March 27 opening target until just a few days prior was “a red flag” to one local construction engineer, who yesterday said this raised major questions about the developer’s project management.

INSIGHT: Radio Ga Ga – URCA slammed for issuing licences like 'confetti'

Tribune Radio Ltd (TRL) has hit out at the Utilities Regulation and Competition Authority (URCA), calling the agency’s “excessive and ill-advised” issuance of over 40 FM broadcast licences and its subsequent plans for a retroactive shuffling of a station’s position on the FM (frequency modulation) dial as an “outrageous and irrational abuse of power”.

Ex-minister slams BTC claims as 'utter rubbish'

A former state finance minister yesterday blasted as “utter rubbish” his predecessor’s assertion that the Bahamas Telecommunications Company’s (BTC) privatisation was “flawed”, and warned that “the big prize” - communications sector liberalisation - was now under threat.

ALICIA WALLACE: We need to take account of all COVID’s symptoms - mental, financial and social

We’ve spent another holiday weekend on lockdown followed by one day to prepare for a two-week nationwide lockdown.

Minister admits Baha Mar room discounts 'slightly worrisome'

The Minister of Tourism yesterday admitted the steep promotional discounts being offered by Baha Mar were “slightly worrisome”, and asserted: “We definitely don’t want a price war.”Dionisio D’Aguilar, acknowledging the concerns of the $4.2 billion pr

Opposition says FNM rhetoric has triggered Moody's alert

MEMBERS of the Official Opposition have accused the Minnis administration of triggering Moody’s looming review of this country’s credit rating with damaging rhetoric, saying the actions and words of the current government prompted the threat of a new

Oil explorer share issue in year-long Gov't approval wait

The Bahamas Petroleum Company’s (BPC) planned share offering to local investors has been delayed for over a year by the wait for the Government to give its consent for exchange control approval, Tribune Business can reveal.

BISX: Majority of stocks don't move more than 5%

Sub-Deck:

YOUNG MAN'S VIEW: The PLP's dream boat has finally run aground

THE hollow announcement on BTC and the attainment of the much sought after two per cent—or lack of attainment of the same—is representative of the derailment of the PLP’s dream-selling express.

INSIGHT: Davis distorting history – FNM contributed to country’s growth

THE address delivered by Prime Minister Philip Davis to the Lyford Cay Club on November 25, 2023, was disgraceful and filled with historical distortions. It is unsurprising that it was difficult for the media to obtain a copy of the speech from the Davis administration.

TOUGH CALL: Sketches under the sun

THE following is an excerpt from Bahamas Sketchbook, Islands in the Sun, a new hardcover picture book by acclaimed watercolour artist Graham Byfield which launches next month.

'Serious' Bahamas groups assess City Markets deal

CITY Markets' principal yesterday said "two very serious" Bahamas-based players were now assessing the possible acquisition of the struggling five-store supermarket chain, describing them as "some of the most respected business people in this town and business".

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