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The wreck of the HMS Conqueror near Rum Cay

THOUGH the lore of shipwrecks is often embellished, that of HMS Conqueror on Rum Cay often has the date, the destination, and basic historical facts reported incorrectly. It wrecked on 13 December, 1861 (not the 29th), it was not the first propeller ship in the Royal Navy (HMS Rattler was in 1842), and the ship was on its way to Bermuda, not Mexico. HMS Conqueror was a two-decked steam-screw (propeller) ship, first-rate, of the line, 240 feet long, 55 feet wide, and 34 feet deep.

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Bank’s Out Island sites ‘a philanthropic service’

Bank of The Bahamas’ top executive yesterday described its Family Island presence as an act of “philanthropy” amid complaints that woes at its branch have left south Eleuthera in “a dire situation”.

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Ex-mp still free over $3m ‘life-altering’ money battle

A FORMER MP and ex-Supreme Court judge was yesterday said to remain free almost two months after police issued a ‘wanted poster’ for him over allegations he has failed to repay an investor more than $3m.

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FOCOL targets wide growth in ‘preparing for the next 50 years’

FOCOL Holdings’ top executive last night said it is targeting growth “in every sector of our business”, including gas stations and electricity generation, and added: “We’re preparing for the next 50 years.”

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‘Mind-boggling’ timing over Gov’ts $357m GBPA claim

A FREEPORT attorney yesterday asserted it was “mind-boggling” that the Government should again “throw darts” at the Grand Bahama Port Authority (GBPA) given the island’s $2bn investment pipeline.

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Church owns 60 properties but ‘can’t pay’ $776k award

A Freeport church asserted it would be “totally compromised” if its bank deposits were seized to satisfy a $776,000 judgment despite owning a 60-strong, mortgage-free real estate portfolio.

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PM says ‘black hole’ east of East Street

The Prime Minister yesterday branded the section of downtown Nassau east of East Street as “a black hole” for The Bahamas even though it contains some of New Providence’s most valuable real estate.

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Bahamians told: Invest into ‘big scale tourism’

More Bahamians must “invest in tourism big-scale”, the deputy prime minister is urging, challenging why this is not occurring given how “bullish” the country is on the industry.

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NPBA Finals: Discount Distributors Rockets win Division One title

THE Discount Distributors Rockets added another chapter to their long-standing rivalry with the Commonwealth Bank Giants in division one play.

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One-month tax certificate to halt ‘bush crack, man gone’

Bahamian tax authorities yesterday asserted they have “learned from our mistakes” as it emerged companies with outstanding bills are only being issued with tax compliance certificates valid for one month.

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Gov't to investigate industrial odours in GB

Prime Minister Philip Davis said his administration is concerned about nuisance odours from the industrial park that are impacting nearby residential communities in Grand Bahama.

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Commonwealth hails $63.5m profit amid 91% claw back fall

COMMONWEALTH Bank yesterday hailed its “second most profitable” year-ever through $63.5m in net income that was generated despite a near-91 percent drop on COVID loss provision write-backs.

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PI crown land battle will go to privy council

THE Bahamian entrepreneur aiming to restore Paradise Island’s lighthouse has “every confidence we will succeed” as he bids to take his long-running battle with the Government before the Privy Council.

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Doctors Hospital targets $10m acquisition boost

Doctors Hospital yesterday predicted annual revenues will increase by $10m through its acquisition of The Kidney Centre in a deal that will make its workforce more than 1,000-strong.

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Fernander: ‘Family island courier services easy target for gun import’

AFTER Police Commissioner Clayton Fernander highlighted gun trafficking has now trickled into the Family Islands as a result of people abusing courier services, local courier businesses said they are open to help preventing weapons from being brought into the country.

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‘Total incompatibility’: But $100m project forges on

AN Exuma-based developer says it is pursuing all necessary approvals for a $100m project that has forced a neighbouring resort to place its development plans on hold and raised environmental concerns.

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Fraud issues behind Finco’s $500 ATM daily limit

ROYAL Bank of Canada’s (RBC) BISX-listed mortgage financier has this week imposed $500 daily automated teller machine (ATM) withdrawal limits in a bid to better protect customers from fraud.

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Cable ‘not rolling over and playing dead’ over Starlink

A senior Cable Bahamas executive pledged the group is “not rolling over and playing dead” as she was forced to defend its ability to compete with Elon Musk’s upstart Starlink satellite Internet service.

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‘Public protest’ not enough to overturn planning approvals

PLANNING authorities yesterday modified the approvals granted to Wynn Development’s 14-storey Goodman’s Bay penthouse while ruling that “public protest” is not sufficient to overturn prior decisions.

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PM: Bahamas must avoid ‘pitfalls of past’ over FATF

The Bahamas must “avoid stumbling into the pitfalls of the past” by upholding regulatory standards to maintain its perfect rating on anti-financial crime compliance, the Prime Minister says.