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Resort proprietor targets 60 jobs in two-hotel expansion
A Bahamian resort entrepreneur is aiming to double his total workforce by 60 jobs through the launch of two new boutique properties by year-end 2026.
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Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
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Police say traffic deaths ‘unusually high’ as two more die over weekend
TWO people were killed in a car crash during a weekend that recorded more than a dozen traffic accidents.
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Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
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Lodge owner ‘can’t deal’ with BPL power outages
South Andros and Mangrove Cay residents yesterday urged the Government to “put their foot on BPL” after a 24-hour power outage knocked out all the area’s utilities and Internet service.
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Pintard: Gang Bill may hurt innocent parents
CHARGING parents for harbouring children who are gang members will cause suffering for many good parents, Free National Movement leader Michael Pintard warned yesterday, adding that most parents do not know the double life their children may lead.
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Police ‘have technology to catch assassins’
POLICE have the technology to determine who is receiving assassination orders from inmates at the Bahamas Department of Corrections and the resources to prove someone is a gang member, National Security Minister Wayne Munroe said yesterday.
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Multiple fiscal failures found in Bahamas Jubilee games audit
UNAUTHORISED vehicle purchases and salary increases, misuse of petty cash, and a failure to pay National Insurance Board (NIB) contributions are some of the fiscal shortcomings highlighted in the Office of the Auditor General’s examination of last year’s Bahamas Jubilee Games.
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$7m overspend on sports events
BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.
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Discount Distributors Rockets one win away from NPBA title
GAME four of the New Providence Basketball Association (NPBA) Division I Finals will be a crucial one for both the Commonwealth Bank Giants and Discount Distributors Rockets.
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Bill tabled to regulate longevity and regenerative therapies in the country
HEALTH and Wellness Minister Dr Michael Darville said the Longevity and Regenerative Therapies Bill 2024, which will replace the Stem Cell Research and Therapies Act, will help boost medical tourism in the country.
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Man accused of carjacking to pay $500 fine for lying to police
A 20-year-old man was remanded in custody yesterday after being accused of an armed carjacking in Flamingo Gardens last week.
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Restraint in politics and in government
ANTHONY Seldon, the well-known British headteacher and political observer has written books on each of his country’s prime ministers over the past 40 years.
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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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Hurricane Hunter aircraft visits Bahamas
THE press toured the Hurricane Hunter Lockheed WC-130J aircraft during a visit by the plane to The Bahamas yesterday.
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BBF nationals to christen newly built South Andros Gym from Friday to Sunday
THE Bahamas Basketball Federation will take its National Round Robin Tournament to South Andros this weekend, but there won’t be any competition for the men’s division one.
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Ex-MP slams the Gov’t for $357m GBPA ‘shakedown’
A former MP yesterday slammed the Government’s demand that the Grand Bahama Port Authority (GBPA) pay it $357m as “a shakedown”, and questioned if the former is “either broke or desperate”.
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‘All-Bahamian’ $30m hotel gets conditional go-ahead
The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.
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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.
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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.