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Mako Swim Club wins Alpha Aquatic Spring Invite

THE Mako Swim Club carted off the overall title in the Alpha Aquatic Spring Invitational held at the Betty Kelly Kenning Swim Complex over the weekend.

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‘Lord knows’ Freeport requires tourism scale

An ex-tourism minister yesterday voiced optimism that the Grand Lucayan’s sale will be the “catalyst” that builds scale by luring other resort developers to Freeport, adding: “Lord knows Grand Bahama needs it.”

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Galleria shuts cinema down - and workers file disputes

GALLERIA Cinemas has shut down and made its employees redundant after the COVID-19 pandemic weakened its business, according to Director of Labour Robert Farquharson.

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Celebrating nurses after battling the pandemic

GRAND Bahama nurses were praised for their resilience and contributions to global health in the last three years during the official opening of Nurses Month in Freeport on Monday.

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$1BN BLACK HOLE OF UNPAID TAXES: Inland Revenue reveals scale of outstanding arrears by Bahamians

The Government’s top revenue agency yesterday revealed that “unacceptable non-compliance” by Bahamian taxpayers had resulted in the build-up of $1bn in outstanding tax arrears that it was now aggressively pursuing.

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Traditional finance providers have ‘duty’ to embrace crypto

Deltec Bank & Trust’s chairman yesterday asserted that traditional financial services providers have a “duty” to help innovators in the digital assets and crypto currency space.

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Survival weekend returns for road parade

SURVIVAL Weekend is back and set for May 20-22, featuring a road parade and a mega concert with big names in Soca music, including Allison Hinds, Destra Garcia and Patrice Roberts.

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Delinquent mortgage buyer gives insurer $8m ‘windfall’

A Bahamian insurer yesterday said it is targeting a 15 percent profit increase for 2022 once the $8m “one-off windfall” it enjoyed last year from its investment in a delinquent mortgage buyer is stripped out.

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BISX-listed Fund ‘stabilises’ with commitments for $8m

The BISX-listed Bahamas Property Fund has “stabilised” occupancies and rental rates at its flagship property “for the first time” in almost a decade amid expectations its current $8m capital raise will be fully subscribed.

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Inaugural Lake Cunningham Classic on Saturday

THE Nassau Rowing Club and the Windsor High School Rowing team have teamed up to stage the inaugural Lake Cunningham Classic on Lake Cunningham on Saturday.

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New NAD fees hailed as ‘lot less onerous’

The private aviation industry yesterday hailed the Nassau Development Company’s (NAD) alterations to the new fees imposed on it as “a lot less onerous” compared to what was originally proposed.

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Warning as container costs to double

Businesses should brace for a 100 percent increase in container costs for the summer due to the Russia and Ukraine war.

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Tyler Pinder commits to Redlands Community College Cougars

JUNIOR national basketball team standout Tyler Pinder will begin his athletic and academic collegiate career with the Redlands Community College Cougars.

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Teenage thief ordered to pay back victim after car raid

A TEENAGER was yesterday ordered to compensate a woman whose car he broke into last month and stole over $1,000 worth of items.

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190 years in jail for man who killed mother of former Bahamas ambassador Avant

A PAROLEE who murdered 81-year-old philanthropist Jacqueline Avant, the wife of a legendary music executive, was sentenced Tuesday to 190 years in a California prison.

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What Next for Cryptos?

ActivTrades

As the era of cheap money comes to an end, so do the conditions that propelled the price of Bitcoin and other crypto assets to the dizzying highs reached at the end of last year. At the time of writing, Bitcoin was trading just above $27,000, a drop of more than 60 percent from all-time maximum of almost $69,000 touched last November.

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Back with a win as Isaacs Jr rejoins New Jersey Jackals

TODD Isaacs Jr returned to the New Jersey Jackals for his second season with the club in the Frontier League and helped the team to a series opening win to begin their 25th campaign as a franchise.

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Five weeks of rising COVID cases in region

FOR the past five consecutive weeks the Caribbean has experienced a rise in new COVID-19 infections, according to Pan American Health Organisation Director Dr Carissa Etienne yesterday.

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Two years on after Dorian - and residents still repairing homes

MORE than two years after Hurricane Dorian devastated parts of The Bahamas, Grand Bahama residents are still repairing homes throughout the island, even as the storm season approaches.

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Top athletes in Fast Track’s inaugural Spring Fling Invitational

SOME of the country’s top junior and senior athletes will be in Grand Bahama competing in the Fast Track Athletics’ inaugural Spring Fling Invitational this weekend.