The Bahamas’ foreign exchange reserves are at a record high of $1.122 billion, due to the Bahamas Telecommunications Company (BTC) and BORCO sales.
Author Archives: Tribune 242
A leading investment banker has said that the Bahamian capital markets are still “far away from where we need to be”.
A new study shows that the murder rate in the Bahamas is three times higher per capita than in the United States and the country is ranked 14th in the world.
The court recently awarded a victory to the Ministry of Foreign Affairs in their deceision to withdraw Lynnith Braynen from her position in the Miami Consul.
Former prosecutor Cheryl Grant-Bethell, who recently lost her bid in court to get her position back, is now arguing that she shouldn’t have to pay the court costs.
So far this year National Insurance Board (NIB) has prosecuted about 274 Bahamas-based employers. About 70 per cent of businesses are delinquent.
A 14-year-old girl has become the 23rd murder victim of the year after being shot several times.
A report has rvealed that BEC’s main Clifton Pier Power Station suffered a forced outage rate that was two-three times’ the international industry average.
The Customs Department intends to prosecute two companies after discovering of what appears to be “shocking” corruption involving the evasion of millions of dollars in import duty and Stamp Tax payments.