04 August 2017
The government has agreed to allow the special purpose vehicle Bahamas Resolve Ltd. (Resolve) to acquire $166 million in impaired commercial loans from Bank of The Bahamas Limited (BOB), shareholders learned on Wednesday evening at the bank’s annual general meeting held at Breezes Resort on Cable Beach. According to Wayne Aranha, chairman of the bank, […]
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04 August 2017
As the independent regulator of the electricity sector (ES) in The Bahamas, The Utilities Regulation and Competition Authority (URCA) has initiated its public consultation process on the Bahamas Power and Light Company Ltd’s (BPL) consumer protection plan, (CPP). BPL provides electricity to over 100,000 customers in New Providence and the Family Islands. Consistent with URCA’s […]
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04 August 2017
Attorney Wayne Munroe’s, QC, decision to keep his list regarding alleged Free National Movement (FNM) corruption a “secret” is “rank PLP (Progressive Liberal Party) hypocrisy,” according to the Grand Bahama Human Rights Association (GBHRA). The GBHRA, led by attorney Fred Smith, QC, explained yesterday that if Munroe has information regarding alleged FNM corruption, he should […]
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04 August 2017
The Ministry of Foreign Affairs in its response to comments made by nominee for U.S. ambassador to The Bahamas Doug Manchester said his views “does not necessarily reflect the views of the government of the United States.” During Manchester’s confirmation hearing before the United States Senate Committee on Foreign Relations on Wednesday, he described The […]
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04 August 2017
Australian native Donna Vasyli, 57, was granted $250,000 bail with two sureties by Supreme Court Justice Bernard Turner yesterday. Vasyli’s conviction and 20 year sentence for murdering her millionaire podiatrist husband Philip Vasyli back in March 2015, was last week quashed by the Court of Appeal, at which time she was granted a retrial. Justice […]
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02 August 2017
Yesterday marked the opening of the crawfish season, a lucrative business that can bring a sizable catch if fishermen are spared the ravages of another storm, like Hurricane Matthew which damaged or swept away more than 800 traps. Several Bahamian fishermen shared their excitement about the crawfish season hoping another storm won’t put a “hole […]
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02 August 2017
Minister of State for Grand Bahama Senator Kwasi Thompson said he can identify with Logos Hope’s vision, which is extending equal opportunity for knowledge to all. “We applaud you for this,” Minister Thompson told workers of the Logos Hope Ship, during their official welcome to Freeport on Friday, July 28, 2017. Minister Thompson was joined […]
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02 August 2017
A 21-year-old resident of Fox Hill became the country’s latest murder victim yesterday when he was gunned down after exiting his car on Armbrister Street, Fox Hill. Police did not identify the body on the scene, but The Bahama Journal understands that victim is Rahajio Wright of Cockburn Street, Fox Hill. Wright’s lifeless body laid […]
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02 August 2017
Prime Minister Dr. Hubert Minnis in continuing his tour of major hotel properties said he was impressed with the Albany luxury resort in western New Providence. The prime minister along with his Cabinet toured the 600 acre ocean side property yesterday. Right before the tour, Albany’s developer Christopher Anand delivered an almost two hour presentation […]
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02 August 2017
Prime Minister Dr. Hubert Minnis is in no way moved by the criticisms made in Philip “Brave” Davis’ national address, only to the extent that he was expecting an apology from the opposition leader. Following a tour of the Albany resort yesterday, the prime minister spoke specifically to Mr. Davis’ concern of the government’s anticorruption […]
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