Bank of The Bahamas (BOB) continues to show positive growth and financial stability, according to the bank’s Senior Managing Director Kenrick Brathwaite, who said the bank recorded net income of $500,000 in its first quarter ending September 30, 2019. Brathwaite said in his overview of the
The Bahamas Entrepreneurial Venture Fund (BEVF) has been allocated $2 million from the dormant accounts fund to provide equity financing to businesses seeking to re-establish themselves following their destruction during Hurricane Dorian. Deputy Chairman of the fund Edison Sumner said while other agencies like the Small
Foreigners will not be allowed to use their work permits to set up shantytowns in The Bahamas, Prime Minister Dr. Hubert Minnis said on Saturday. “They are not going to live in any bush,” Minnis said. He added, “We are not allowing individuals who just received work permits
While it may be another several weeks or months before residents on Abaco and East Grand Bahama are able to begin rebuilding their homes and businesses on those storm-ravaged islands, the Bahamian Contractors Association (BCA) is currently formulating a series of training courses for contractors
A group of protestors demonstrated in front of Kendal G. L. Isaacs Gymnasium on Saturday, demanding the government repatriate all Haitians residing there after Hurricane Dorian — but it is unclear whether the people being housed there are undocumented migrants. At various times, the demonstrators, who
Police are investigating two traffic fatalities — one on Eleuthera and another on New Providence. According to police, shortly before 2 a.m. on Sunday, a man was driving a red 2015 Honda Civic in Spanish Wells, Eleuthera, when he lost control of the vehicle and crashed
A Caribbean Airlines flight that departed Cheddi Jagan International Airport in Georgetown, Guyana, en route to New York on Saturday had to make an emergency landing at Lynden Pindling International Airport (LPIA) later that night. Authorities said flight 526 — a Boeing 737-800 — departed Guyana
Senator Jasmin Turner-Dareus yesterday came out strong against the LGBT “agenda”, stating “that which is morally wrong is never politically or culturally right”. “No matter who says it, or who wants it. If it is morally wrong, it can never be politically or culturally right,” Turner-Dareus
Most of the Haitians recently deported by the government were from areas affected by Hurricane Dorian, according to an official from the International Organization for Migration (IOM). “We confirm that many returnees are coming from Abaco and Dorian-affected areas,” Giuseppe Loprete, the chief of IOM’s mission in
The Progressive Liberal Party (PLP) is accusing Senate President Kay Forbes-Smith of being in a conflicted position in serving as hurricane relief coordinator on Grand Bahama and presiding over debate in the Upper Chamber on hurricane-related legislation. “Ultimately, she should decide whether she is fish or
