Non Profit Bill to be revamped, Senate Debate delayed until 2019
- Dec 16, 2018 - 4:58:57 PM
In a meeting between Civil Society Bahamas (CSB) and the Attorney
General, The Honorable Carl Bethel, QC on 15 December 2018, the Attorney
General stated that it was his intention for the Non-Profit
Organisations Bill, 2018 to be revised and rescaled to more moderate
regulation of the sector, in order to comply with the FATF. The Attorney
General also expressed his intention to continue to review the Bill for
opportunities to minimise damage to the capacity of this important
sector. To allow for further drafting, the Bill is now expected to be
debated in The Senate in January 2019...
Local Celebrities Lend Talent to Marathon Bahamas Commercial
- Dec 12, 2018 - 2:42:43 PM
What do you get when an award-winning filmmaker, a blogger, two talk
show hosts, and a popular DJ get together? One of the hottest Marathon
Bahamas TV commercials ever.
Some of the biggest names on the local scene have come together to lend their talents to Sunshine Insurance Marathon Bahamas.
for the commercial and filmmaker, Lavado Stubbs, is back for the third
time, working with the organization. Stubbs, whose company...
Proposed Developer urges Bahamians to launch their Dream Businesses
- Dec 12, 2018 - 11:41:51 AM
There comes a point when a would-be entrepreneur must create his or her
own opportunity and not wait for one, according to Valentino Munroe who
has built two businesses, the computer store Onit Systems and the Jumbey
“What have you been conditioned to believe you
are incapable of doing? The biggest obstacle we all have to face is
ourselves. Whatever you’re hearing in your mind, whatever that voice is
saying that is not your voice...
Investment Executive Albert Rex Appointed to Sterling Mortgage Income Fund
- Dec 11, 2018 - 11:44:05 AM
Sterling Global Financial, an award-winning financial services provider
with more than US$9 billion in assets under administration and
management, announced the appointment today of finance and equity
executive Albert G. Rex to its Sterling Mortgage Income Fund Board of
“Albert Rex brings a wealth of experience almost
unmatched in his range of expertise,” said David Kosoy, Chairman of the
Board. “Over the past 40 years, he has steered more than $15 billion in
financing and equity solutions to commercial real estate developers and
NAD Manager Jonathan Hanna wins 1st ‘Young Airport Professional’ ACI-LAC Award
- Nov 29, 2018 - 12:59:42 PM
This fall, Airports Council International Latin American-Caribbean
(ACI-LCA) announced Jonathan Hanna, Manager of Airport Solutions at
Nassau Airport Development Company (NAD) as the first recipient of its
Young Airport Professional award. On Tuesday, November 13th, Hanna
attended the ACI-LAC Annual Assembly in Miami, FL where he accepted the
award recognizing outstanding young talent in the airport and aviation
ACI Latin-America Caribbean represents the interests
of the airport operators from the Latin American and the Caribbean
EY Bahamas Ltd. Congratulates New CPAs
- Nov 26, 2018 - 10:06:14 PM
EY Bahamas Ltd. is proud to announce that two professionals in its
office recently passed their exams to qualify as Certified Public
Accountants (CPAs). Ashley Darville and Fieasha Johnson are thrilled to
begin their work as CPAs with the firm, and join a select group of young
Bahamians who are employed with the firm and continue to excel and
advance in their careers both locally and abroad.
“For all of us,
passing the CPA exam is a testament to the hard work you’ve put in, and
the dedication you have for the future,” Michele Thompson, Managing
Partner, EY Bahamas Ltd., within the EY Region of The Bahamas, Bermuda...
“BTC creates happy moments for customers on Black Friday”
- Nov 23, 2018 - 12:01:17 PM
From as early as 4am, scores of customers were queued up while many more
provided a steady stream of shoppers throughout the day at the BTC
Southwest Plaza Location to take advantage of special in-store Black
Friday offers. Most were taking advantage of the opportunity to make
early Christmas gift purchases for friends and loved ones.
Garry Sinclair said, “We were once again overwhelmed by the response to
our Black Friday offers nationwide. Our ‘moment matchmakers’ (the BTC
sales team) gladly helped with creating happy moments for our customers...
Consolidated Water responds to Quarterly Report "Misinterpretation"
- Nov 12, 2018 - 10:32:35 AM
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
“We view The Tribune’s article on Friday 9
November as inflammatory,” said Rick McTaggart, President of
Consolidated Water (Bahamas) Ltd...
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...
CIBC Trust Employee secures a win in the Financial Services Awards
- Nov 8, 2018 - 8:45:31 PM
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.
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...
Veteran Journalist on Grand Bahama selected to participate in U.S. State Department Exchange
- Nov 1, 2018 - 4:05:51 PM
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
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
Press Club launches online poll to vote for People’s Choice Award
- Nov 1, 2018 - 9:20:13 AM
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.
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...
Veteran Financier Wants to Know Your Business
- Oct 30, 2018 - 12:28:09 PM
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...
Nathaniel Beneby Joins Doctors Hospital Board
- Oct 29, 2018 - 12:37:18 PM
Doctors Hospital has announced that banking executive Nathaniel Beneby has been appointed to the company’s Board of Directors.
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
U.S. Embassy 4th Annual EducationUSA College Fair a Success
- Oct 25, 2018 - 12:19:32 PM
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...
UB Academic Senate Elects Chairman and Secretary
- Oct 7, 2018 - 2:50:56 PM
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
Doctors Hospital launches country's most advanced MRI technology
- Oct 5, 2018 - 9:50:26 AM
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.
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...
Sterling Bank & Trust Limited Appoints Todd M.J. Beneby as Managing Director
- Oct 3, 2018 - 10:52:44 AM
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
“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.
National Advisory Council encourages public engagement on Local Government
- Oct 3, 2018 - 7:34:17 AM
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...
David Slatter, a Royal Fidelity Cornerstone
- Sep 4, 2018 - 5:26:04 PM
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...