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Central Bank reviews $250m investment currency reforms

The Central Bank’s governor yesterday foreshadowed reforms to protect Bahamian retail investors from potential “headwinds” in an overseas investments market that is this year on track to exceed 2022’s $250m outflow.

Only four ambulances on road? PHA won’t say - but 14 on way

THE Public Hospitals Authority denied that some ambulances are uninsured and unlicenced but did not verify whether only four ambulances in New Providence are operational.

Twenty-one foreigners arrested with $750k of cocaine

TWENTY-one people were arrested and 39 kilos of suspected cocaine with an estimated street value of $750,000 was seized on Tuesday.

GB man charged with murder accepts lesser charge of manslaughter

A Grand Bahama man charged with murder has pleaded guilty to the lesser charge of manslaughter.

Police make 30 arrests in GB as a result of Operation Sling Shot

Grand Bahama Police made over 30 arrests during a police operation that was successfully executed on Tuesday.

Three men charged on the murder of Renaldo Pinder

THREE men were behind bars yesterday after they were accused of killing a man last week.

GB Power on Electricity Bill: ‘We read about it in papers’

Grand Bahama’s electricity provider yesterday revealed it was never consulted on key energy reforms passed by the House of Assembly last week and had to learn about them “in the papers”.

Education reform is needed

The following was motivated by recent coverage of education, most specifically the latest exam results, in both The Nassau Guardian and The Tribune.

Doctors secures $25m as it ‘refines’ equity offering

Doctors Hospital has secured $25m from Royal Bank of Canada (RBC) to finance its continued expansion as it works to “refine” its upcoming equity capital raise by “prioritising” three target investor groups.

Sanctions without hearing part of new securities bill

The Securities Commission of The Bahamas (SCB) issued the Securities Industry Bill 2024 for public consultation last week - which seeks to ensure laws are "current, competitive, and reflect international best practice and standards".

Show your support, shop locally

1000% support import substitution only wish the biggest substitution would occur… Shopping in Miami Substitution but then, so the officials say, that is a divine right. Local production must never cause inflation and exorbitant increase in comparison pricing of foreign against local.

The wrong term

Having spent a few years in London, returning recently one becomes educated in the Brits’ traditions such as Beating the Retreat — Trooping the Colour …what are very traditional military events.

Garbage in, garbage out

Wasn’t it Shakespeare that used the phase ‘much ado about nothing’? Much of the public comments these days fall in that context from the politician and picked up by the journalist and they simply repeat with zero analysis or rationale comment...garbage in garbage out!

Petroleum retailers continue to seek a 25 cent increase per gallon on margins

THE Bahamas Petroleum Retailers Association continues to seek a 25 cent per gallon margin increase compared to the previously sought 30 cent increase, with hopes of meeting with Prime Minister Philip “Brave” Davis this weekend.

The Bahamas’ pre-clearance agreement with the US renewed

NINETY-three per cent of Bahamians processed through the preclearance section of the Lynden Pindling International Airport last year travelled on a police certificate, according to the US Embassy of Nassau, which said 240,000 Bahamians were processed.

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