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Marijuana bills tabled
THE Bahamas moved closer to legalising cannabis for medical and religious use while decriminalising possession of small amounts of marijuana yesterday when the Davis administration tabled a long-awaited compendium of bills in the House of Assembly.
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PI resort proposal expands units 46%
The former Paradise Harbour Club’s proposed redevelopment is being expanded to a seven-storey hotel featuring a 46 percent increase in units compared to earlier plans.
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Gov’s wants ‘happy medium’ on petroleum retail demands
THE Prime Minister’s spokesperson has reaffirmed the Government is still trying to reach a “happy medium” with petroleum retailers that does not involve raising gas prices for Bahamians.
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Pintard: Deficit ‘will be $400m or higher’
The Opposition’s leader yesterday predicted the Government’s full-year fiscal deficit will be “around $400m or higher” as the Prime Minister stuck to an original forecast that is less than one-third that amount.
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Gas dealers: ‘Silence too great’ on margin increase
GAS station operators yesterday said “we cannot wait longer than a week” for the Prime Minister to respond to cries to address their plight, with one asserting: “The silence is too great.”
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ALICIA WALLACE: No more empty words, govt - we need action on equality
We have to demand more from the government
IN two days, it will be Women’s History Month, also known as International Women’s Month due to International Women’s Day being on the eighth. It is a time to not only acknowledge the work and achievements of women in the past, but to face the issues of the present in a way that can contribute to an equitable future.
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STATESIDE: Biden should be wary of underestimating Trump
“Wow. What a weekend. Too many more like this one and we’re finished.”
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FNM: ‘Why BPL $184m debt not paid down by fuel hikes?’
The FNM’s finance chief yesterday said he is in the dark over why the proceeds from hiking Bahamas Power & Light’s (BPL) fuel charge by up to 163 percent have seemingly not been used to cut its $184m debt.
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‘Under siege’: Taxis see 50% income fall on crime fall-out
Bahamian taxi drivers are blaming the crime alert fall-out “for at least” a 50 percent earnings decline, with their union president yesterday blasting: “A few criminals have the country under siege.”
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Crime fears collapse $18m PI home sale
An $18m home sale in Paradise Island’s Ocean Club Estates collapsed yesterday after the buyer was spooked by The Bahamas’ crime woes, with a realtor warning: “We’re going to pay for that.”
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GSSSA Basketball finals start Monday
THE Government Secondary Schools Sports Association (GSSSA) basketball championships are all set for next Monday at the Kendal GL Isaacs Gymnasium.
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Sandals insulated from Stewart family’s battle
THE Sandals resort chain’s governance and management will not be impacted if the trustee overseeing its late founder’s estate and a $334m cash pile are removed, the Chief Justice has ruled.
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Bahamas cool over IMF interest rate rise nudge
THE Bahamas has reacted coolly to persistent nudging from the International Monetary Fund (IMF) that it should raise short-term interest rates to narrow the gap with those in the US.
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'Decade of contraction' ends with $50m credit expansion
The Central Bank's governor yesterday revealed "a decade of steady contraction" in lending to the private sector was halted by 2023's $50.3m credit expansion although mortgage activity remained "subdued".
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PM spokesman defends $2 tourism expansion
The Prime Minister’s spokesman last night said the $2 levy all Bahamian travellers must now pay will be used to finance further development of this nation’s tourism product for the benefit of all.
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UPDATED – Saxons overall winners of Boxing Day parade
JUNKANOO supporters mocked officials after inclement weather that forced the postponement of the Boxing Day parade never came –– but Youth, Sports and Culture Minister Mario Bowleg said standard practices and scientific information spurred the change.
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NPVA Recap: Panthers on a roll to close out the year
THE Caribbean Gas Panthers closed out the year with an unblemished record in the New Providence Volleyball Association (NPVA) standings after defeating the Set-sy Poppers at the DW Davis Gymnasium last week Friday.
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Salvation Army sees Xmas donations fall
The Salvation Army yesterday revealed Christmas donations have declined this year despite launching collections at new locations with donor numbers remaining unchanged.
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Rates remain unchanged
ActivTrades
After their recent record run, the international stock markets lacked further momentum at the end of last week. On Friday, investors lacked buying arguments on both sides of the Atlantic and trading was experiencing a lacklustre day all around.
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Public consultation in December for bus fare rise
TRANSPORT and Energy Minister JoBeth Coleby-Davis said public consultation on planned bus far increases will be held within the first two weeks of December, with officials hoping to roll out a 25-cent increase in the first quarter of 2024.
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