It is important to note that these are cable Bahamas preference shares ( as opposed to cable Bahamas ordinary shares). Preference shares (consider them corporate bonds) pay interest usually semi annually for the lifetime of the bond and at maturity you will receive back the principal. It is possible for any Bahamian to purchase these shares. Simply open a brokerage account with either royal fidelity or Colina, or family guardian and ask them to purchase the shares for your account. Usually there is a minimum purchase ( can be as low as $1000 or as high as $50,000). There is no fee for you at the time of the share offering, as this will be paid by cable Bahamas as a fee to royal fidelity as the placing agent. There will be a fee however, if you choose to sell them before the preference shares have matured. Hope this helps.
Take your pick of any of the scandavian countries ( Norway, Denmark, Sweden, Finland). Need any more Tal. These govts are all characterized by a high level of socialism. Taxes are very high but the govt efficiently and honestly administrates very competent govt ministries. Finland has the best educational system in the world. In most of these countries, education is free some as far as university, healthcare is free and some of the best in the world. They are all consistently rated as the best countries in the world to live in. We are not there, not even close, and a poorly run national health program is worst than none at all. That is just reality. Our beauracracy is not developed enough to run programs of this import and magnitude.
Papa's time is done, in fact he should have never come back for his last term, just like Mr. Christie. Old tired ideas, with the same incompetency. We desperately need a younger leader with true vision and competency to lead this country forward, a complete break with the past. Only problem is I am not sure that person exists in either party right now.
In a different Bahamas, one where government was honest, competent, efficient, and transparent a national healthcare program would be wonderful. Sadly that is not the reality we have today, there is not one government ministry that reflects these qualities, rather it is just the opposite. The best I have seen are the govt clinics that I would argue work really well given their limited resources. We can not even ensure that there is a valid insurance policy on a public building with a real insurance company,and govt wants me to entrust my healthcare to them? No way. These govts have messed up everything they touched, clean up your act before you ask me to pay for substandard healthcare.
Can anyone save us from these incompetent buffoons? Mr. Davis is in charge of a massive ministry, overseeing the largest public works project in the Bahamas and they are not even aware that an insurance policy has lapsed at a nonexistent company? Someone needs to be fired and perhaps charged with a crime. We can not afford much more of this absolute incompetency!
You are absolutely right. It must be stressed that cable is 100% Bahamian owned, with the treasury and NIB currently owning 29%. They should get the next cellular license, if this govt truly believes in Bahamians. I doubt they will get it as this govt loves foreigners and hidden deals more than Bahamians which is a shame.
Why are NIB funds being used to buy ambulances? This is a pension fund, not a fund to pay for capital expenses for the ministry of health. I'm tired of my pension funds being used by the government for other purposes. These funds are sacred and should be used 100% exclusively to fund pensions!
Reading this made me sick today, even though I knew it was coming. No one will be fired, no one will resign, the same contractor will probably get the job again. No denying it we are a throughly corrupt nation, and this government is corrupt to the core.
DonAnthony says...
Do not forget Tal this is the same government that you want to implement a $600 million national health plan.. Mission impossible!
On Contractor has met with government ‘a few times’ over fire
Posted 10 March 2015, 3 p.m. Suggest removal
DonAnthony says...
It is important to note that these are cable Bahamas preference shares ( as opposed to cable Bahamas ordinary shares). Preference shares (consider them corporate bonds) pay interest usually semi annually for the lifetime of the bond and at maturity you will receive back the principal.
It is possible for any Bahamian to purchase these shares. Simply open a brokerage account with either royal fidelity or Colina, or family guardian and ask them to purchase the shares for your account. Usually there is a minimum purchase ( can be as low as $1000 or as high as $50,000). There is no fee for you at the time of the share offering, as this will be paid by cable Bahamas as a fee to royal fidelity as the placing agent. There will be a fee however, if you choose to sell them before the preference shares have matured. Hope this helps.
On Cable plans launch of $60-$100m pref issue
Posted 9 March 2015, 10:04 p.m. Suggest removal
DonAnthony says...
Take your pick of any of the scandavian countries ( Norway, Denmark, Sweden, Finland). Need any more Tal. These govts are all characterized by a high level of socialism. Taxes are very high but the govt efficiently and honestly administrates very competent govt ministries. Finland has the best educational system in the world. In most of these countries, education is free some as far as university, healthcare is free and some of the best in the world. They are all consistently rated as the best countries in the world to live in. We are not there, not even close, and a poorly run national health program is worst than none at all. That is just reality. Our beauracracy is not developed enough to run programs of this import and magnitude.
On PM: No decision yet on NHI tax
Posted 5 March 2015, 2:32 p.m. Suggest removal
DonAnthony says...
Papa's time is done, in fact he should have never come back for his last term, just like Mr. Christie. Old tired ideas, with the same incompetency. We desperately need a younger leader with true vision and competency to lead this country forward, a complete break with the past. Only problem is I am not sure that person exists in either party right now.
On Davis: I had doubts over BAMSI insurer
Posted 5 March 2015, 12:56 p.m. Suggest removal
DonAnthony says...
In a different Bahamas, one where government was honest, competent, efficient, and transparent a national healthcare program would be wonderful. Sadly that is not the reality we have today, there is not one government ministry that reflects these qualities, rather it is just the opposite. The best I have seen are the govt clinics that I would argue work really well given their limited resources. We can not even ensure that there is a valid insurance policy on a public building with a real insurance company,and govt wants me to entrust my healthcare to them? No way. These govts have messed up everything they touched, clean up your act before you ask me to pay for substandard healthcare.
On PM: No decision yet on NHI tax
Posted 5 March 2015, 12:45 p.m. Suggest removal
DonAnthony says...
Can anyone save us from these incompetent buffoons? Mr. Davis is in charge of a massive ministry, overseeing the largest public works project in the Bahamas and they are not even aware that an insurance policy has lapsed at a nonexistent company? Someone needs to be fired and perhaps charged with a crime. We can not afford much more of this absolute incompetency!
On Davis: I had doubts over BAMSI insurer
Posted 5 March 2015, 11:38 a.m. Suggest removal
DonAnthony says...
You are absolutely right. It must be stressed that cable is 100% Bahamian owned, with the treasury and NIB currently owning 29%. They should get the next cellular license, if this govt truly believes in Bahamians. I doubt they will get it as this govt loves foreigners and hidden deals more than Bahamians which is a shame.
On Cable: URCA regulations ‘impede’ mobile roll-out
Posted 5 March 2015, 10:21 a.m. Suggest removal
DonAnthony says...
Why are NIB funds being used to buy ambulances? This is a pension fund, not a fund to pay for capital expenses for the ministry of health. I'm tired of my pension funds being used by the government for other purposes. These funds are sacred and should be used 100% exclusively to fund pensions!
On Port ambulance on loan to cover Grand Bahama shortage
Posted 4 March 2015, 4:25 p.m. Suggest removal
DonAnthony says...
You finally realized you got swing? At least you were man enough to say it. I will not say I told you so.
On Legislation for immigration policy tabled in Parliament
Posted 26 February 2015, 3:45 p.m. Suggest removal
DonAnthony says...
Reading this made me sick today, even though I knew it was coming. No one will be fired, no one will resign, the same contractor will probably get the job again. No denying it we are a throughly corrupt nation, and this government is corrupt to the core.
On MONEY UP IN SMOKE: BAMSI contractor had no insurance
Posted 26 February 2015, 12:50 p.m. Suggest removal