Search results for : investment companies
November 11, 2015
Betty Roberts selected for BFSB Lifetime Achievement Award
The Bahamas Financial Services Board (BFS B) announced today that Betty A. Roberts, FCIB, TEP has been selected as the Recipient for the 2015 Lifetime Achievement Award for outstanding, sustained contribution to the industry.
July 14, 2017
Bahamian film to screen on American television station
"Passage", a Bahamian-made short film will air on ASPiRE, an American television station, this month, on July 18 at 8 p.m. "Passage" will be shown as a part of the "ABFF Independent", a weekly series that presents the best independent short films and documentaries from emerging African-American artists and filmmakers.
The network was launched June 27, 2012 by Magic Johnson Enterprises, an investme...
June 30, 2017
Investors spend 3 mil. to mitigate against landfill's impact on project
Cries of concern continue to grow from the business community about the New Providence Landfill, as owners of the new Fusion Superplex, located at the tip of Gladstone Road, urge government to find an overdue solution for the remediation of the dump.
CEO of the Atavus Group Carlos Foulkes told Guardian Business yesterday that the investment company is concerned about the state of the dump, calling...
June 15, 2017
Sebas Bastian's Investar to apply for remittance, electronic banking licenses
Director of Investar Securities Ltd. Sebas Bastian revealed yesterday that the company will be applying to The Central Bank of the Bahamas (CBOB) for remittance and electronic banking licenses in light of the regulator's proposal to regulate e-money activities.
Bastian, who is also CEO of Island Luck, told reporters that he is interested in expanding Investar's product offerings.
Investar Securiti...
June 14, 2017
Bahamas Striping launches scholarship program, investment fund
From a $5,000 government grant to a multimillion-dollar, multilayered company, Bahamas Striping celebrated its seventh anniversary in grand style over the weekend, launching not only a new scholarship program but also a million-dollar investment fund for the next generation of Bahamian entrepreneurs.
Prime Minister Dr. Hubert Minnis, Deputy Prime Minister Peter Turnquest and other parliamentarians...
Dorsett Responds to Guardian Article on Forestry
November 10, 2016
Dorsett Responds to Guardian Article on Forestry
It is quite unfortunate that the local morning daily, The Nassau Guardian, seems to be on a fear-mongering mission as it relates to "Chinese" investments in The Bahamas.
Sears seeks transparency in govt's foreign dealings
November 09, 2016
Sears seeks transparency in govt's foreign dealings
PROGRESSIVE Liberal Party Fort Charlotte candidate Alfred Sears called yesterday for more transparency from the government concerning its dealings with China and other countries.
November 08, 2016
Dorsett denies licence given to harvest forest in Andros
AMID heightened public concern over the Christie administration's dealings with Chinese investors, Environment Minister Kenred Dorsett was adamant yesterday that neither his ministry nor the government has issued a licence to any company in this country for forestry harvesting in Andros.
Dorsett confirms Chinese forestry approval
November 08, 2016
Dorsett confirms Chinese forestry approval
Accusing The Nassau Guardian of being on a "fear-mongering mission as it relates to Chinese investments in The Bahamas", Minister of the Environment and Housing Kenred Dorsett yesterday confirmed a Guardian story that the Forestry Unit issued an "approval in principle" to Caribbean Global Timber Limited (CGTL) for a forestry project on 4,500 acres of land in North Andros.
Resolve loans were only worth $22.5M
October 28, 2016
Resolve loans were only worth $22.5M
James Smith, chairman of the Board of Directors of government's wholly-owned the special purpose vehicle (SPV) Bahamas Resolve Ltd. (Resolve), has confirmed that the 13 loans transferred from Bank of The Bahamas (BOB) to create the SPV -- supposedly worth $100 million -- were only worth about $22.5 million.
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