The Big Story

Gibson wins GOLD

Pan American Games gold medalist Jeffery Gibson’s hot start to the 2018 outdoor season continued on Saturday, at the Drake Relays in Des Moines, Iowa, United States, as Gibson delivered one of his best performances of the year so far, capturing gold in the elite men’s 400-metres (m) in 49.09 seconds. Against some stiff competition, Gibson, representing Nike, got off...

Read moreDetails

CB Giants win Round Robin

The Commonwealth Bank Giants basketball club won its second championship in a matter of weeks, going undefeated over the weekend in the Bahamas Basketball Federation's (BBF) annual Round Robin Tournament in Freeport, Grand Bahama. On the heels of a dominant performance in New Providence Basketball Association (NPBA) finals, the Giants pulled out an 86-80 win over the Fast Track Gym...

Read moreDetails

White Paper puts 5-year limit on tax-free zone

Tax concessions that will be offered through the Over-The-Hill Redevelopment Programme will only be made available for a period five years, according to the White Paper tabled by Prime Minister Dr. Hubert Minnis in Parliament earlier this week. The term ‘empowerment zone’ will be the new term to reflect areas like the over-the-hill communities and will include other specified regions...

Read moreDetails

GDP increases by 2.7%

The country’s gross domestic product (GDP) grew by 2.7 per cent in 2017, according to the latest figures released by the Department of Statistics (DOS). In a statement, the DOS said, the main industries contributing to this growth in GDP were “construction, wholesale and retail trade, business services of a professional nature, administrative business services and arts.” Government consumption increased...

Read moreDetails

Bahamas Petroleum applies for offshore drilling rights

Bahamas Petroleum Company (BPC) has lodged an application for ‘environmental authorisation’ with the government of The Bahamas for offshore drilling rights, which represents the first step in commencing offshore field activity, according to the company. In a statement Thurday, the company said, an application for environmental authorisation has been submitted in the prescribed form, as directed by the Ministry of...

Read moreDetails

Black Enterprise to deliver millions in group business

Millions of dollars in potential group business has been pledged by the head of African American media powerhouse, Black Enterprise (BE). On a recent visit to New Providence BE President and Chief Executive Officer (CEO) Earl “Butch” Graves Jr. promised potential group movements to the country from his organization, with a projected value of millions of dollars. At a meeting...

Read moreDetails

Astwood signs with UNLV

One of the country’s premier track and field athletes signed her letter of intent (LOI) to compete in National Collegiate Athletic Association (NCAA) Division I earlier this week. Acacia Astwood received a full four-year scholarship to participate as a member of the Rebels athletic team at the University of Nevada, Las Vegas. The CARIFTA bronze medalist said she’s looking forward...

Read moreDetails

Thompson named MEAC Player of the Year

Awards continue to roll in for Danielle Thompson, a senior at Morgan State University, after she received athlete of the week honors for the third time last Monday. Thompson this week, was named the 2018 Mid-Eastern Athletic Conference (MEAC) Player of the Year in women’s tennis, as announced by the league office in Norfolk, Virginia. Thompson, who was also named to...

Read moreDetails

Govt. separating from bank in 3 years

The Bahamas Development Bank (BDB) has three years to completely wean off of the financial assistance of the government according to Deputy Prime Minister and Minister of Finance Peter Turnquest. The mandate came at a press conference held at the BDB Thursday where Turnquest said the bank’s board has already been notified of the timeline. “As the bank strengthen its...

Read moreDetails

DPM: Grand Lucayan sale “finalized very shortly”

Despite the sale of the Grand Lucayan Hotel “taking longer than projected”, Deputy Prime Minister Peter Turnquest said the agreement will be “finalized very shortly”. In an exclusive interview with Eyewitness News on the sidelines of a press conference at the Bahamas Development Bank Thursday, Turnquest said all of the major points in the proposed deal have been finalized and...

Read moreDetails

Govt. to launch affordable housing programme

More than 400 lots will be made available through government for homeownership nationwide as the government prepares to launch an ambitious housing initiative this summer Prime Minister Dr. Hubert Minnis revealed at the opening of the Global Network Conference Wednesday evening. “Soon after the budget is passed this year, the Ministry of Housing will launch the first 20 to 30...

Read moreDetails

Agribusiness may be key to WTO ascension, says DPM

Agribusiness has the potential of leading the way as The Bahamas prepares to ascend to the World Trade Organization (WTO) according to Deputy Prime Minister Peter Turnquest who said, once farmers have a business environment to thrive, consistency is inevitable. “Persons are taking products beyond growing,” Turnquest said while speaking at The Bahamas Development Bank (BDB) open house on Thursday....

Read moreDetails
Page 642 of 684 1 641 642 643 684

Add New Playlist

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Hide picture