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News : New Providence Last Updated: Nov 18, 2018 - 2:27:10 AM
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News : New Providence
Consolidated Water responds to Quarterly Report "Misinterpretation" - Nov 12, 2018 - 10:32:35 AM
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Consolidated Water (Bahamas) Ltd., a subsidiary of Consolidated Water Co. Ltd. (the "Company") (Nasdaq Global Select Market: CWCO), a leading developer and operator of seawater desalination plants, clarified a recent news report that may have led the Bahamian public to believe their water supply in New Providence would be interrupted due to the non-payment of water invoices of $16.1M by the Water & Sewerage Corporation (WSC).

“We view The Tribune’s article on Friday 9 November as inflammatory,” said Rick McTaggart, President of Consolidated Water (Bahamas) Ltd...
News : New Providence
U.S. Embassy Closure in observance of the U.S. Veterans Day Holiday - Nov 9, 2018 - 10:57:56 AM

The United States Embassy will be closed on Monday, November 12th in observance of the U.S. Veterans Day holiday. Please be advised that the Embassy will resume normal business operations on Tuesday, November 13th at 8:00 a.m.

For any emergencies involving U.S. citizens, please contact the U.S. Citizens Services Unit of the U.S. Embassy’s Consular Section via telephone: 242-322-1181...

News : New Providence
CIBC Trust Employee secures a win in the Financial Services Awards - Nov 8, 2018 - 8:45:31 PM

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CIBC Trust Company (Bahamas) Limited emerged tops in the recently held annual Financial Services Industry Excellence Awards with one of two employees nominated taking away the top award in her category.

Norma T. Major, Director Operations, Finance & Client Accounting, won Mentor of the Year and Taryn Turnquest, Trust Administrator, was nominated in the Achiever of the Year category.

Managing Director Perry A. Rolle said it was an easy decision to nominate the two stars...
News : New Providence
Veteran Journalist on Grand Bahama selected to participate in U.S. State Department Exchange - Nov 1, 2018 - 4:05:51 PM

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U.S. Embassy Nassau is pleased to announce that Ms. Nathalee Martinborough, Deputy News Director of the Broadcasting Corporation of The Bahamas, ZNS Northern Service has been selected to participate in the U.S. Department of State’s International Visitor Leadership Program (IVLP). The program runs October 27-November 17, 2018 in the United States.

A core policy of U.S. foreign policy is to encourage a free and responsible press that allows a well-informed citizenry to hold governments and institutions accountable.  The program will examine the history...
News : New Providence
Press Club launches online poll to vote for People’s Choice Award - Nov 1, 2018 - 9:20:13 AM

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On Saturday, November 10, 2018, The Bahamas Press Club will host its industry Awards Ceremony at the British Colonial Hilton in Black Tie fashion as it Celebrates 45 Years of Bahamian Media 1973-2018.

This would be The Club’s fourth installment of recognizing the work and importance of the local media and honouring those who paved the way for us to enjoy the freedom that we do...
News : New Providence
Veteran Financier Wants to Know Your Business - Oct 30, 2018 - 12:28:09 PM

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If you have an interest in learning what makes a business successful, you may want to take a look at Jim Wilson’s job description as a Vice President of Corporate Finance at Royal Fidelity.

 “One of the key roles of Corporate Finance, and the one that occupies most of my time, is primarily two-fold. It’s first about finding companies that may already be suitable as an investment but also about recognising companies that could be suitable for investment...
News : New Providence
Nathaniel Beneby Joins Doctors Hospital Board - Oct 29, 2018 - 12:37:18 PM

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Doctors Hospital has announced that banking executive Nathaniel Beneby has been appointed to the company’s Board of Directors.

Beneby, who serves as Managing Director of RBC Royal Bank (Bahamas) Ltd brings a wealth of knowledge and experience to the Board with a Bachelor of Science in Business Administration and an MBA from California Coast University. He is also a Fellow of the Bahamas Institute of Financial Services...
News : New Providence
U.S. Embassy 4th Annual EducationUSA College Fair a Success - Oct 25, 2018 - 12:19:32 PM

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The United States Embassy sponsored the 4th annual EducationUSA College Fair on Saturday, October 20th at the Melia Nassau Beach Resort. This year’s fair included representatives from over 40 U.S. colleges and universities. The one-day event attracted over 1,800 students from Nassau and the family islands along with their parents eager to learn about higher education opportunities available in the United States. The U.S. Embassy also held informative presentations providing step-by-step instructions about the student visa application process...
News : New Providence
UB Academic Senate Elects Chairman and Secretary - Oct 7, 2018 - 2:50:56 PM

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Assistant Professor of Business, Ms. Bernadette Robins, and Associate Professor and Assistant Vice President of Academic Affairs, Dr. Maria Oriakhi, have been elected Chairman and Secretary respectively of the Academic Senate of University of The Bahamas (UB).

A key organ of shared governance, UB’s Academic Senate is subject to the powers of the Board of Trustees, the academic authority of the institution. It comprises representation from among faculty, staff, students and administrators...
News : New Providence
Doctors Hospital launches country's most advanced MRI technology - Oct 5, 2018 - 9:50:26 AM

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Doctors Hospital today announced that patients and physicians now have access to the country’s first-ever digital broadband Magnetic Resonance Imaging system: the Ingenia 3.0T from Philips Healthcare.

This revolutionary machine is designed to quickly perform high-quality MR scans with a high level of patient comfort. Ingenia 3.0T can significantly reduce the patient’s exam time and has a wide opening to accommodate patients of varying size, age, and physical condition...
News : New Providence
Sterling Bank & Trust Limited Appoints Todd M.J. Beneby as Managing Director - Oct 3, 2018 - 10:52:44 AM

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Sterling Bank & Trust Limited, an affiliate of Sterling Global Financial, today announced the appointment of Todd M.J. Beneby as the Bank’s Managing Director. Mr. Beneby will be responsible for formulating the Bank’s overall direction, identifying strategic initiatives and leading policy development in the areas of standards, compliance and customer care.

“We are pleased to announce the appointment of Todd Beneby as Managing Director of Sterling Bank & Trust as the bank enjoys unprecedented opportunity for expansion in its core arenas of property development financing and wealth management,” said David Kosoy, Chairman and CEO.
News : New Providence
National Advisory Council encourages public engagement on Local Government - Oct 3, 2018 - 7:34:17 AM

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The National Advisory Council on Local Government for New Providence has been taking their consultation process to the nation during the month of September to encourage widespread engagement from residents in New Providence and the nation at large. The large volume of radio calls and texts messages coupled with a dramatic increase in engagements on committee’s social media pages is evidence of the tremendous level of public interest that exists and denotes further that the Committee's efforts are proving fruitful.

Council Members Ed Fields and Acting Director of Local Government, Brenda Colebrook kicked off the last week of radio appearances by taking their message to the thousands of listeners who tune in to the nationally syndicated ZNS show...
News : New Providence
David Slatter, a Royal Fidelity Cornerstone - Sep 4, 2018 - 5:26:04 PM

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Michael Anderson, the president of Royal Fidelity Merchant Bank and Trust considers the company’s recent milestone anniversary of twenty years to be a, ‘good start’. And now, with the prerequisite celebratory party behind him, he and his investment management team are keen to make the next 20 years just as meaningful, starting with new products and services and proposed Caribbean expansion plans beyond the present footprint in The Bahamas and Barbados.

David Slatter, Assistant Vice President and responsible for Royal Fidelity‘s Investment Management services, is one of Royal Fidelity’s cornerstones and is proud of the firms continuing progress...
News : New Providence
Presidente turns up the heat with New Summer Promotion - Aug 29, 2018 - 2:14:43 PM

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Bahamian Summers are synonymous with high temperatures, beach bodies, and now thanks to a new promotion from the Caribbean’s favourite beer, it will also become synonymous with ice cold Presidente.

Since its huge re-launch in the local market last year, scores of Bahamian beer drinkers have embraced the crisp and refreshing taste of Presidente; with thousands flocking to support various Presidente events from the wildly successful music vibes tours, to Carnival themed parties and fetes. With Summer in full swing, Presidente Beer, along with their distributor Bahamian Brewery & Beverage Company...
News : New Providence
Palm Cay Expands Sales Team - Aug 16, 2018 - 12:09:44 PM

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Palm Cay, the successful beachfront residential development on Nassau's southeastern shore, today announced the expansion of its sales team with the appointment of 34-year-old Bahamian-born Ahmahl Amedu, a successful restaurant manager with a track record of identifying opportunities and bolstering sales at a trio of restaurants popular with tourists and locals alike.

The new hire comes as developers prepare to break ground on the new $100 million, One Marina residential project featuring 84 luxury condos ranging in price from $800,000 to $1.9 million...
News : New Providence
Royal Fidelity: A Brokerage Account is becoming more mainstream in The Bahamas - Aug 15, 2018 - 9:41:59 PM

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A lot has happened since Royal Fidelity set up its investment and advisory service on Frederick Street in Nassau twenty years ago. Today, its experts advise on not just the country’s largest corporate mergers and acquisitions and initial public offerings but also to an ever expanding base of individuals anxious to learn and capitalise on the firms’ knowledge base of creating and managing wealth.

Belinda Payne is the Manager of the Brokerage Department and after 10 years in an oft times variable economy she still preaches the gospel of the Brokerage Account as a first step in generating income to build meaningful individual wealth... 
News : New Providence
Grand Hyatt Baha Mar earns 2018 Tripadvisor Certificate of Excellence - Aug 9, 2018 - 10:10:03 AM

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Grand Hyatt Baha Mar today announced that it has received a TripAdvisor® Certificate of Excellence. Now in its eighth year, the achievement celebrates businesses that have earned great traveler reviews on TripAdvisor over the past year. Certificate of Excellence recipients include accommodations, restaurants and attractions located all over the world that have continually delivered a quality customer experience...
News : New Providence
PM Minnis to hold office hours for members of the public - Aug 7, 2018 - 9:32:42 AM

In keeping with Prime Minister Minnis’ commitment of accountability to the Bahamian people, during the Parliamentary Recess, and commencing Wednesday 8, August, and each Wednesday through 12 September, 2018, the Prime Minister will dedicate three hours, from 9:00 am. – 12:00 noon to hear the concerns of members of the public.

Individuals are kindly asked to call the Office of the Prime Minister to confirm an appointment at telephone, 702-5500.  Meetings will be limited to 10 minutes only in an effort to accommodate as many persons as possible.
News : New Providence
Outback Bahamas prepares for major expansion - Aug 6, 2018 - 3:46:44 PM

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Since July 2013, the Outback Steakhouse Brand has been serving up Aussie inspired food favorites with a Bahamian twist. Through the continued support of its loyal customer base, the company has continued to ‘Bloom’, offering its customers a superior dining experience in a safe and family friendly environment. Building on that success, the company is proud to announce its expansion into the Turks and Caicos Islands...
News : New Providence
U.S. Embassy Closure in observance of The Bahamas’ Emancipation Day Holiday - Aug 3, 2018 - 11:25:06 AM

The United States Embassy will be closed on Monday, August 6th in observance of The Bahamas’ Emancipation Day holiday. Please be advised that the Embassy will resume normal business operations on Tuesday, August 7th at 8:00 a.m.

For any emergencies involving U.S. citizens, please contact the U.S. Citizens Services Unit of the U.S. Embassy’s Consular Section via telephone: 242-322-1181...
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