Bahamas Telecommunications Company (BTC) and The College of The Bahamas (COB) have established a Scholars Programme to provide education for financially-challenged students.
The Bahamas National Trust (BNT) is aiming to raise $32 million to finance its latest five-year plan, its executive director disclosing it planned to unlock this nation’s “best kept secrets” for tourists.
A $6,000 raise for state ministers, dismissed as a “clerical error”, was granted and has still not been corrected.
MasterCard welcomes 56 participating merchants with more than 70 locations in Nassau and Paradise Island – a 55% increase since the program’s inception in 2008.
Members of the opposition said the 2013/2014 budget is nothing more than a vacuum, and accused Prime Minister Perry Christie of painting a rosy picture of an economy that is still recovering from a crippling recession.
The government brought a resolution to the House of Assembly to borrow $465 million to finance the projected revenue shortfall in the 2013/2014 fiscal year.
Forbes magazine named noted conservation philanthropist Louis Moore Bacon one of the world’s greenest billionaires, calling his conservation efforts “a bold mission to save the American West.”
A top rating agency is projecting the country’s debt-to-GDP ratio will swell into the mid-60s this year, and could eclipse 70 percent in the next two or three years.
A business partner of a Freeport-based investor is one of two Grand Bahama residents charged by the US federal authorities with operating “a fraudulent offshore tax strategy”.