LATEST ARTICLES

Three additional confirmed cases of COVID-19

The Ministry of Health confirms today that there are three (3) additional confirmed cases of COVID- 19. This brings the total number of confirmed cases to twenty-four (24). Currently, there are five (5) confirmed cases of COVID-19 in Grand Bahama, eighteen (18) confirmed cases in New Providence and one (1) confirmed case from the island of Bimini.

Hospital in Urgent Need of Blood Donations

The public is advised that the Princess Margaret Hospital (PMH) is in urgent need of all types of blood. Blood donations can be made at the PMH Blood Bank, Monday to Saturday from 9 am until 5 pm. The final donation will be taken at 4:30pm daily.

Solomon’s Donates Supplies to Seniors’ and Children’s Homes

Solomon’s is deeply dedicated to serving the community and want to bring help and hope during these uncertain times. Following social distancing guidelines, teams from Solomon’s stores prepared and delivered food packages...

Confirmed COVID-19 cases jump to twenty-one

The Ministry of Health confirms today that there are six (6) additional confirmed case of COVID-19. This brings the total number of confirmed cases to twenty-one (21). Currently, there are four (4) confirmed cases of COVID-19 in Grand Bahama, sixteen (16) confirmed cases in New Providence and one (1) confirmed case from the island of Bimini. The newly confirmed cases are as follows:

BPL – Suspension of Disconnections

Bahamas Power and Light Company Ltd. announced on Wednesday that it wouldcontinue to suspend disconnections as long as the Government of The Bahamas maintains emergency orders due to the COVID-19 pandemic. BPL CEO Whitney Heastie explained. “The COVID-19 pandemic has presented enormous challenges. When the government went to 24-hour curfew, as part of our efforts to ease the pain and stress of our fellow Bahamians, we suspended disconnections through March 31. “Per our discussions with the government, I am happy to announce that the suspension of BPL disconnections will continue for as long as the government maintains emergency orders.” The CEO encouraged Bahamians and residents to observe the curfew and the shelter-in-place orders. To that end, he highlighted the many electronic avenues through which customers can interact with BPL.

U.S. Embassy Donates Distance Learning Equipment to Ministry of Social Services

The United States Embassy donated nine laptop computers to The Ministry of Social Services and Urban Development, in support of children and students at the Ranfurly Home for Children. Using the computers, students at the Ranfurly Home will be able to use distance learning tools from home while schools are closed during the ongoing global COVID-19 pandemic. Students will be able to “keep up with the online classes, necessary research, online counselling sessions…” according to Alexandra Maillis-Lynch, President of the Ranfurly Home for Children.

FOCOL Holdings Limited Celebrates 20th Anniversary

FOCOL Holdings Limited recently held its annual general meeting of ordinary shareholders to celebrate “20 Years of Consistency” in providing dividend payments, customer service, staff development and sector growth. FOCOL credits sound leadership, godly wisdom and a passion for world-class excellence with its longevity and success. Since going public in 1999, FOCOL has returned $170 million in cash to its investors and positioned itself as one of the great Bahamian success stories. Said Anthony Robinson, FOCOL President and CEO: “Sir Franklyn Wilson, Caryl Lashley and I were given the task to take FOCOL public by 1999. We quickly settled on the theme “Fuel Growth for People” and offered the public the opportunity to purchase shares at $5 per share. An investor who purchased 1,000 FOCOL shares for $5,000 in 1999, as at fiscal year-end 2019, owns 12,000 FOCOL shares, valued just under $41,000 and would have received dividends of just under $15,000. FOCOL has consistently paid quarterly dividends for twenty years without fail. This achievement clearly demonstrates that for FOCOL, fueling growth for people is more than a slogan, but our core business strategy.”

COVID-19 Sickness Benefit – Quarantined

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Mortgage payment differral for Mortgagors

The Bahamas Mortgage Corporation has agreed to provide a three-month loan payment deferral plan for its mortgagors who have been negatively impacted by the COVID-19 Pandemic. Forbearance of monthly payments will be provided for mortgagors who maintained their accounts in good standing before the onset of the pandemic. Payments will resume, with accrued interest, being applied to the principal balance at the end of this period.