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Tennis players get in swing at the Pan Am Games

THE 19th Pan American Games continued yesterday in Santiago, Chile, which saw more Bahamians begin competition in tennis and swimming.

MPs express outrage over recent sex assaults on elderly women

PARLIAMENTARIANS Jomo Campbell and Adrian White expressed outrage over the recent sexual assault of an elderly woman.

IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast

The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.

Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil

Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.

Almost 1m referrals to Nassau/PI hotels

A senior Bahamian tourism executive yesterday said Nassau/Paradise Island has recovered to 97 percent of pre-COVID business volumes by March 2023 with airlift capacity up by double digits for the year-to-date.

BGDBA Playoffs: Cybots and Avengers go up 1-0 in first round

The Bain and Grants Town Cybots and Airport Authority Avengers nabbed the first wins in their round one playoff matchups.

Sports Notes

THE New Providence Basketball Association continued its regular season action with a pair of games played at various gyms on Friday and Saturday night.

Retailers ‘not easing up’ on gas margin increase

The Bahamas Petroleum Retailers Association’s (BPRA) president yesterday asserted that the industry is “not easing up” on demands for a margin increase with several dealer “unable to survive” more than another two months.

Bahamas defeats Argentina, 101-89

Wins Group A to advance to semifinals

The Bahamas senior men’s national basketball team continued their winning ways last night, defeating Argentina 101-89 on their home turf to move on to the semifinals of the FIBA Basketball World Cup Americas Qualifiers.

Focus on cost of living issues

LET me state from the outset that I am a dyed-in-the-wool capitalist. I do not subscribe to the malevolent Marxist school of thought which is diametrically opposed to the Judeo-Christian worldview.

Attorney loses appeal on ‘forged’ bank drafts

A Bahamian attorney yesterday failed to overturn the rejection of his “gross negligence” claim against Scotiabank (Bahamas) after two “fraudulent” bank drafts left his account overdrawn by $165,000.

Public school attendance is down four percentage points since last year

THE public school attendance rate is at 91 percent this year, according to Acting Education Director Dominique Russell.

Petroleum retailers fear ‘another nail in the coffin’

Bahamian petroleum retailers yesterday voiced fears that full Business Licence audits will be “just another nail in the coffin” as they push to meet with the Prime Minister over demands for a margin increase.

Customer loyalty needs more focus than adding sales

Customer loyalty is vital to the growth and longevity of any business. What is more, about 82 percent of companies agree it is cheaper to retain old customers than acquire new ones.

Central Bank ease ‘won’t open mortgage avenue’

The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.

Fourteen Clubs Golf Academy hosts first event of 2024

While many were enjoying the festivities on Majority Rule Day, juniors along with adults participated at the third Front 9 Golf Tournament Series drive, chip and putt event at the Bahamas Golf Federation’s Practice Facility.

Rating agencies set ‘true north’ on Bahamas reform

International credit rating agencies have set “almost a true north” for The Bahamas to reach when it comes to key economic and fiscal reforms, a governance reformer argued yesterday.

FTX Bahamas: Only we can pursue void payouts

FTX's Bahamian liquidators are asserting they may be the only ones "lawfully" able to pursue "material volumes" of client withdrawals that occurred around the time of the exchange's collapse and may thus be deemed void.

FACE TO FACE – Lakeisha Rolle: Passionate financial literacy educator

SHE was only 15 years old when she blew her parents, teachers, family and friends away by becoming a student at the College of The Bahamas (now University of The Bahamas). Going to college at such an early age turned out to be a blessing for Lakeisha A Rolle, as she discovered her passion and developed a blossoming career in finance.

Police Chief ‘will search for files’ in Nygard probe

POLICE Commissioner Clayton Fernander said he will search for the investigation files concerning complaints women in The Bahamas made about Peter Nygard to see why charges were never brought against the former fashion mogul.

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