Long Island’s chief councillor yesterday branded the Deadman’s Cay airport “a disgrace and leaves much to be desired” as the lack of airlift and connectivity continues to undermine the island’s economic prospects.
BAHAMAS REBUTS FTX ACCESS CLAIMS: Securities Commission given lawful permission to transfer assets to ‘a safer space’
The Securities Commission last night debunked accusations the Government “directed unauthorised access” to FTX’s systems, and aided the withdrawal of digital assets, in violation of Bahamian and US court orders.
A MAN was granted bail in Magistrate’s Court yesterday on theft and escape charges.
I got one of the most significant shocks of my life when I saw a young lady holding a baby standing next to me in a food store aisle, unzip her bag and politely drop two jars of baby food in it, and calmly zip it back up. Then she moved further down the aisle and repeated the same thing with other items.
Nassau’s main commercial shipping port is renewing warnings that failure to repair the harbour’s western breakwater could “result in immense damage to, and threaten life”, in the city centre.
The Government has slashed the debts owed by the Water & Sewerage Corporation to its main supplier by almost 30 percent or $6.3m during the first nine months of 2022.
A MAN was sentenced to two years in prison yesterday after admitting to shop-breaking to fund his cocaine addiction.
TWO men admitted to breaking into a convenience store to steal cash and a cellphone.
MEDIOUS Edgecombe, the owner of Coopers Town Marine, is in good spirits despite his business being destroyed by Hurricane Nicole after barely recovering from the aftermath of Hurricane Dorian.
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
POLICE of the southwestern division in New Providence took members of the media on a ride-along to visit various sectors of the community on Friday.
FTX’s collapse into provisional liquidation is a warning that The Bahamas should “not build the whole financial services recovery” on digital assets, a prominent Bahamian accountant said yesterday.
IT’S amazing what trying to look at something through someone else’s eyes can reveal.
LYFORD Cay International School (LCIS) hosted its 9th KPMG Football Fest last weekend.
Commonwealth Bank is targeting its growing deposit base for new borrowers after hitting its 2022 full-year profit goal in just nine months through a $58.22m bottom line.
Sarkis Izmirlian is doubling down on allegations of “shocking evidence” that Baha Mar’s main contractor “paid illegal kickbacks to the family of Bahamian officials” as part of a plot to seize Baha Mar and establish “Chinese control”.
Extending the Hurricane Dorian tax breaks in their existing form was yesterday branded “a no brainer” by Abaco residents, who argued that to do otherwise would be “pretty heartless” after the latest storm to strike the island.
A FORMER Cabinet minister yesterday said “there is no benefit” from the Central Bank raising local interest rates to fight inflation because rising prices are largely “imported” by The Bahamas.
GRAND Bahama business owners yesterday said sub-tropical Storm Nicole is giving them flashbacks to Hurricane Dorian’s devastating impact on the island just over three years ago.
ASSISTANT Police Commissioner Theophilus Cunningham announced that three high-tech crime-fighting resources, already in use in New Providence, will be implemented on Grand Bahama very soon just in time for the Christmas season.