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Bahamas ‘prioritises’ debt servicing over its people
The Bahamas has reached a point where the Government is prioritising interest payments on its $11.645bn national over services to its people, an investment analyst argued yesterday.
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Food prices to ‘never return to pre-COVID’
The Retail Grocers Association’s president yesterday warned Bahamians that food prices will not return to pre-COVID levels and said: “The cost of operations is increasing all over the world.”
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Genesis triumph at BSAA annual meet
THE Bahamas Scholastic Athletic Association completed its annual track and field meet on Friday at the original Thomas A Robinson Track and Field Stadium with Genesis Academy emerging as this year’s champions.
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Stay of proceedings ordered in Adrian Gibson trial
A STAY of proceedings has been ordered in the Adrian Gibson corruption trial pending the determination of an appeal hearing.
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Minister: National stadium ‘repairs are going quite well’
CONCERNS have mounted as repairs continue at the Thomas A Robinson National Stadium and Betty Kelly- Kenning Aquatic Centre about whether the renovations of both venues will be completed in time for the 2024 CARIFTA Aquatics Championships and World Athletics Relays in March and May respectively.
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‘Commissioner will look to resolve ankle monitor issues with vendor’
NATIONAL Security Minister Wayne Munroe said Police Commissioner Clayton Fernander would meet Metro Security Solutions leaders, hoping to get on the same page about the ankle monitoring system after the two sides blamed the other for challenges.
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Tribute to a good mother
My Mother and Father migrated to Canada in 1956, refugees escaping the Soviet’s punishments allotted to those who oppose Soviet tyranny wherever it may be, Russia, Eastern Europe and in their case Hungary.
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Cable urges industry unity on URCA ‘budget travesty’
CABLE Bahamas is urging its rivals to join the battle against “this travesty in budget increases” for the sector’s regulator whose downtown Nassau headquarters it branded an “albatross”.
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Fredrick King and Bluejays sweep Summer of Thunder
Bahamian Fredrick King and his Creighton Bluejays men’s basketball team have completed their mission here with a three-game sweep of their matches played this week in the Bahamas Basketball Federation’s Summer of Thunder.
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BPL set for a 'maturity audit'
Regulators are searching for consultants to conduct a "maturity audit" of Bahamas Power & Light (BPL) in a bid to assess the energy monopoly's performance and develop better regulatory oversight.
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Sebas in ‘tax-free zip code’ Aeropost plan
Island Luck's co-founder yesterday said his Aeropost e-commerce platform will differentiate itself from rivals by adding freight-forwarding capabilities that employ a "tax-free zip code" to offer clients better rates.
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‘Room for improvement’: Trade deficit expands 28% to $1.09bn
The Bahamas Trade Commission’s chairman yesterday said “there’s a lot of room for improvement” after this nation’s trade deficit expanded by almost $184m or 28 percent year-over-year to hit $847m in the 2023 second quarter.
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Fire destroys structures in Kool Acres shanty town
Around 77 structures or some 80 percent of the Kool Acres shanty town off Joe Farrington Road have been burned to the ground in a fire that took place around 4pm on Saturday, according to Craig Delancey, Buildings Control Officer with the Ministry of Works and a part of the Unregulated Communities Action Taskforce.
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Minister ‘confident’ swimming complex will be ready for CARIFTA
EXCITEMENT is slowly building for the 2024 CARIFTA Aquatics Championships to be hosted in Nassau, Bahamas March 28 to April 7.
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New faces, same story
ActivTrades
The re-elected Turkish president, Recep Tayyip Erdoğan, wanted to calm the markets and settle the Turkish currency crisis with the new finance minister, Mehmet Şimşek. But the plan did not work, and the lira hit a new record low on Friday last week.
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Expensive superstars
ActivTrades
Ticket business for the superstars in the entertainment industry is shared by a few providers worldwide. While the Live Nation group (LYV.US) with its subsidiary Ticketmaster dominates the business in the US, the German Eventim (EVD) is one of the leading international ticketing and live entertainment providers in Europe.
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Where did govt shares in GBPA go?
The recent brouhaha between the government and the Grand Bahama Port Authority that has found its way onto the front pages of your newspaper reminded us of another controversial subject involving these two protagonists.
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Gibson’s ex-fiancee’s virtual testimony ruling Monday
A SUPREME Court judge will rule on Monday whether Adrian Gibson’s ex-fiancee can testify virtually in his corruption trial.
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Judge to summon employer to court after claim that juror would be made to use vacation time during Gibson trial
A SUPREME Court Judge has summoned a major employer to court for reportedly telling their employee, a sitting juror in Adrian Gibson’s corruption trial, that their time off for jury duty will count as vacation leave.
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Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.