Doctor’s Hospital.
Hospital provides over 150,000 COVID-19 tests over the past 12 months, more than 90,000 of which were rapid antigen tests
NASSAU, BAHAMAS Doctor’s Hospital’s chief financial officer said yesterday the BISX-listed healthcare provider has seen a full recovery of its top line and earnings driven by its “pivot” towards COVID-19 support.
Dennis Deveaux told
Eyewitness News: “Fiscally, we have done just fine. Back in April and May, we had a dramatic shift in our revenue. We saw a decline in our revenues.
“But since then, our revenues have recovered and [been] driven, really, by our pivot in the support for COVID.
Doctors Hospital board votes to issue 2 million existing common shares to Fairfax financial ewnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewnews.com Daily Mail and Mail on Sunday newspapers.
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INFINOX (www.INFINOX.com), a leading CFD and FX trading broker with international presence, including in Africa, recorded a 61% increase in revenue and a 28% rise in trading volumes to $553-billion in 2020. This is on the back of the company’s resilient expansion strategy and increasing investor demand across the globe.
The company aims to empower investors by providing them with a seamless user experience to trade effectively. This includes an array of assets including forex, equities, commodities and indices on the popular MetaTrader 4 and MetaTrader 5 trading platforms.
In late 2020, the company launched its innovative IX Social app – a mobile community trading platform that puts the world’s financial markets into the palms of the users hands. It enables them to share knowledge, real-time trades and their experience with like-minded international traders
APO Group - Africa Newsroom / Press release | Market volatility and global expansion drive INFINOX to half trillion mark africa-newsroom.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africa-newsroom.com Daily Mail and Mail on Sunday newspapers.
Bahamas updates legislation to clearly define financial service providers
The Bahamas government has passed new regulations aimed at updating the framework for coporate and financial services providers in the jurisdiction.
Financial and Corporate Service Providers Regulations and the Financial and Corporate Service Providers Act (FCSP) were approved by parliament in December and together form an internationally compliant framework, which is overseen by the Securities Commission of the Bahamas (SCB) as the regulatory authority.
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The legislation updates the two-decades-old legal framework of the prevailing Act in three important areas:
Together, they represent specific opportunities for entrepreneurial Bahamian fintech firms to enjoy the credibility of being licensed and functioning under a comprehensive regulatory regime.