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PM: $20m 'pipeline' of local investments

The Government-sponsored venture capital fund is expected to create 130 local jobs via $1.5m in combined equity financing that has been injected into seven Bahamian businesses.

Bank's new owner aiming to become 'standard bearer'

A Bahamian bank's new owners yesterday said they aim to expand its assets under administration to $1.5bn within two years and pledged to become "a standard bearer" for the jurisdiction.

LW Young and broke candidates

Leon Walter Young, better known to us as L W Young, was first elected to the House of Assembly in 1912, during the governorship of either Sir Gilbert Thomas Carter or Sir William Grey-Wilson. A carpenter and building contractor by profession, Young would serve in Parliament for the Eastern District of New Providence, from the aforementioned 1912 to 1942 – the year of the Burma Road Riots.

Moore says Ingraham support of Sands ‘reckless’ before vote

ONE of the founding fathers of the Free National Movement has taken issue with remarks made by former Prime Minister Hubert Ingraham over the weekend endorsing Elizabeth incumbent Dr Duane Sands.

‘How long must we hold on?’

ANOTHER round of employee furloughs and the Minnis administration’s extension of special emergency powers are pushing Atlantis employees like Areba Bridgewater to the brink.

Minister hails $300m South Abaco project as 'transformational'

The government “is very mindful of the environmental concerns” surrounding the just-approved $300m South Abaco project, a Cabinet minister said yesterday, hailing it as “transformational”. Dionisio D’Aguilar, pictured , minister of tourism and aviat

Fear of illnesses spreading in wake of Dorian

THE Pan American Health Organisation/World Health Organisation is concerned about the possibility of an outbreak of water-borne and vector-borne illnesses in the wake of Hurricane Dorian, a local representative said yesterday. Dr Esther de Gourville

‘Everyone deserves a second chance’ says Dames

NATIONAL Security Minister Marvin Dames wants more ex-offenders to apply to the Rehabilitation of Offenders Committee to get their criminal records expunged, saying “everyone deserves a second chance.”

INSIGHT: Who wants to be a millionaire?

SOME of you may remember the famous game show, Who Wants to be a Millionaire? where contestants answered multiple choice questions that would allow them to cash in on one million big ones. But who knew being born Bahamian paved an even easier path to wealth?

Moultrie? He neglects us

SOME Nassau Village residents have bad reviews about their current area MP Halson Moultrie while giving mixed opinions about the election hopefuls wanting to be their representative.

‘Majority of non-hotel staff now back at work’

Minister of Labour Dion Foulkes yesterday claimed that the vast majority of Bahamians laid off due to the pandemic are now back at work.

Deferred bank loans slashed to under $1bn

Just under $1bn of commercial bank credit remained on deferral at end-September 2020, it was revealed yesterday, as new loan applications slumped by almost 60 percent in the 2020 first half.

Emergency orders to run beyond tourism reopening until end of October

PRIME Minister Dr Hubert Minnis pleaded with Bahamians to comply with COVID-19 protocols for at least three more weeks as he gave notice that the country’s state of emergency will extend until October 31.

Waterloo ‘may be forced to shut’

POPULAR bar, nightclub and restaurant Waterloo said it could be forced to shut down and make 50 workers redundant if it allegedly continues to be the target of “arbitrary, unfounded harassment” from police.

DIANE PHILLIPS: Once I was lost, now I am found

Once upon a time, a family took a long vacation by van, exploring the backwoods and places they had never been before. Though taking the lesser known route came with some risk, it was a chance to unite, to be together and what an adventure it would be, creating memories to last a lifetime.

Hardship sign: Incoming wire transfers 'doubling'

The Bahamas is no longer "a sending country" for international wire transfers, money transmission providers revealed yesterday, with incoming transactions "doubling" due to COVID-19 hardship. Harvey Morris, Omni Financial Group’s chief executive, to

Police COVID cases were inevitable

THE number of COVID-19 cases in the Royal Bahamas Police Force is “trending downward significantly”, according to National Security Minister Marvin Dames, who said active cases among officers now stand at three.

FNM reunion celebrates 80th birthday of Sir William Allen

IT WAS a reunion, filled with fun and laughter as former Free National Movement cabinet ministers gathered at the Sandals Beach Resort on Tuesday to celebrate the 80th birthday of Sir William Allen, who served as a Member of Parliament and Minister of Finance in two FNM administrations between 1992 and 2002. The festive luncheon was hosted by former Prime Minister Hubert Ingraham.

Lightbourn: PLP ‘luring’ unions with changes to labour laws

MONTAGU MP Richard Lightbourn yesterday accused the governing Progressive Liberal Party of attempting to “lure” labour unions and their members into supporting the party with amendments to legislation that governs employee relations weeks ahead of the impending general election.

Govt urged: ‘Clarify’ overfly deal with US

A Bahamian airline operator yesterday urged the Government to clarify its ‘declaration of intent’ with US aviation regulators, welcoming any move that would ensure “we stop paying rent for the use of our house”.

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