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Albany chief in 'devastating and self-inflicted humiliation'
Albany's principal investor has admitted that pleading guilty to securities fraud is "a devastating and self-inflicted humiliation I will have to live with for the rest of my days".
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Property tax pace 20% up amid ‘over aggressive’ fear
Real property tax collections are pacing 20 percent ahead of the previous record year, the Government’s top finance official disclosed yesterday, as he predicted it will be “very close” to its full-year deficit target.
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Bahamians conflict on broker’s US client pull
Bahamian executives have given conflicting evidence over whether a local broker/ dealer used marketing deals with day trading schools to circumvent US laws against soliciting American clients.
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IDB: Bahamas Internet costs, speed miss mark
Broadband Internet costs and speeds represent potential barriers to The Bahamas embracing the digital economy and improved competitiveness, a multilateral lender has warned.
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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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Financial group chair to gain trailblazer award
A BAHAMIAN financial institution’s chairman is set to receive the Trailblazer Award at today’s Society of Trust and Estate Practitioners (STEP) Bahamas conference.
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Poll finds nearly 90 percent against oil drilling
A SURVEY reportedly found that nearly 90 per cent of local respondents support legislation preventing fossil fuel exploration in the country, and 74 per cent want to transition to renewable energy.
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Residents voice objections to new PI resort proposal
RESIDENTS last night argued that plans to transform the former Paradise Harbour Club site into a seven-storey hotel represent an “overdevelopment” that will impact quality of life and devalue their properties.
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Disclosure chair would not say who filed
WEEKS after the deadline passed for parliamentarians to make their annual financial disclosures, Public Disclosure Commission chairman Bishop Victor Cooper still could not say yesterday how many completed their filings.
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Nassau Cruise Port joins with the dignified girl project to donate feminine products to four groups
IN celebration of International Women’s Month, the Nassau Cruise Port partnered with the Dignified Girl project to donate 300 bags filled with essential feminine products to four organisations on Friday.
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COP: murders up 27 percent over last year
POLICE Commissioner Clayton Fernander provided statistics yesterday showing murders are up 27 percent, while armed robberies have declined by 43 percent.
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Big Red Machine just keeps rolling
The St Augustine’s College (SAC) Big Red Machine kept rolling at the 2024 National High School Track and Field Championships where they claimed six out of eight division victories on Sunday evening at the original Thomas A Robinson Stadium.
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Minnis: People look at disclosures ‘as a joke’
FORMER Prime Minister Dr Hubert Minnis said “people look at it as a joke” regarding the filing of financial declarations as required by the Public Disclosure Act.
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American couple rebuild after Hurricane Dorian devastated their Guana Cay retirement home
AMERICANS Norvell and Mark Slezycki went on an emotional roller-coaster after Hurricane Dorian swept away their dream retirement home in Great Guana Cay, Abaco.
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PM on public disclosures: 'I made my deadline'
PRIME Minister Philip “Brave” Davis was tightlipped today over whether members of the governing party filed their public disclosures on or before the March 1 deadline as mandated under the Public Disclosure Act.
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Gov’t eyes jet ski safety crackdown
The Government is eyeing a safety crackdown on jet ski operators that could result in the industry having to sign up to and abide by a ‘code of conduct’, it was revealed yesterday.
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Grand Lucaya sees rise in occupancy numbers over long Easter weekend
SOME hotel properties experienced occupancy levels of between 30 and 40 percent over the Easter holiday, particularly in the Lucaya area.
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Gov’t u-turn on Nassau solar bidding deadline
THE Government has performed a u-turn over the deadline by which all bids on the New Providence renewable energy and microgrid project must be received, it can be revealed.
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Carifta games Kenny Moxey Jr opts for just the octathlon, leaves out pole vault
KENNY Moxey, Jr, is one of the few athletes who qualified for more than one event at the 51st CARIFTA Games that will be held in Georgetown, Grenada, over the Easter holiday weekend.
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Freeport poised to be ‘fastest growing Caribbean economy’
FREEPORT needs Nassau-based investors to help build “critical mass” in a city “poised to be the fastest-growing economy in the Caribbean”, a Port Authority executive asserted yesterday.
