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Hot Mix and CFAL’s chief in GB airport bid
A well-known Bahamian contractor and local financial analyst were yesterday said to have partnered on a bid to transform Dorian-ravaged Grand Bahama International Airport.
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Insurers: ‘Everyone will pay’ if storm cover unaffordable
Bahamian insurers yesterday warned that “everyone will have to pay” if hurricane coverage becomes increasingly unaffordable with the issue representing a growing public policy “dilemma” for the Government.
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$64K NIB SALARY AS MUCH AS AUDITOR’S: IDB says ‘bloated’ cost structure highlighted by average income
National Insurance Board (NIB) employees enjoy an average $64,000 income that nearly matches the earnings of the Government’s top financial watchdog due to a bloated cost structure, a study has revealed.
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Second US aviation group calls for Bahamian airline sanctions
A second aviation industry group yesterday backed calls for sanctions to be imposed on Bahamian airlines flying to the US unless this nation reforms its allegedly “unjust” overflight fees.
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Hayward backs bid to ‘reimagine’ GBPA
A Hayward family member yesterday pledged “an ambitious masterplan for change” to create “thousand of jobs” in Freeport as he backed efforts “to reimagine and revolutionise” the Grand Bahama Port Authority (GBPA).
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CLICO victims: Don’t forget our $35m need
Victims of CLICO (Bahamas) implosion have made an impassioned call to the Government not to forget their continuing plight with an estimated $35m still required to make them whole.
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FTX CEO’S ATTACKS ON BAHAMAS ‘MISGUIDED’: Attorney General hails regulator for ‘proper’ measures
FTX’s US chief has admitted his attacks on The Bahamas’ integrity were “misguided” by agreeing to work with the failed crypto exchange’s local liquidators, the Attorney General argued last night.
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Bahamas aviation fee defence ‘a red herring’
US airlines yesterday slammed the Government’s “red herring” defence of an air navigation system that allegedly costs just 1 percent of the fees charged by The Bahamas.
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‘No new tax measures’ for $4bn revenue goal
The Government’s top finance official yesterday reiterated his optimism that “no new tax measures” will be required to grow its revenues by some 43 percent to over $4bn during the next four years.
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STATESIDE: Political grandstanding and distractions expected as US Congress grapples with debt and spending
THERE seems to be so many distractions in the US these days, even as an ominously deepening war in Ukraine threatens truly dire consequences.
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Realtor hails $1bn property sales ‘first’
A realtor yesterday hailed the $1bn in property sales his firm handled in 2022 as a “first” in The Bahamas, and asserted he would “be very surprised” if any rivals were close to matching this performance.
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THE KDK REPORT: A house divided
SEVERAL years ago, a palliative nurse in Australia wrote a book detailing the top five regrets of individuals on their deathbed.
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FRONT PORCH: Dysfunction, decay and dilapidation in Bahamaland
ON ITS website, the Ministry of Tourism boasts of Cable Beach: “This beach is world famous for its fabulous sand and crystal waters and for the myriad upscale resorts that line it.
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ALICIA WALLACE: Crime and corporal punishment
OVER the past few days, in addition to the usual crime reports, there have been stories about the need to address what the prime minister called a “serious a chronic problem”.
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Finlaysons fail to escape $2.8m loan default liability
A prominent Bahamian businessman and his son yesterday failed to escape paying the outstanding $2.763m balance on a defaulted loan that was secured on their high-end yacht.
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FRONT PORCH: Person of the Year 2022
WOMEN ACTIVISTS, THE ONGOING STRUGGLE FOR EQUALITY
IT IS a lazy misnomer and misread of world and Bahamian history to repeat the cliché that women were “granted” the right to vote. It was not a grant or gift. Women fought ceaselessly, organised, were jailed, ostracised, went on hunger strikes, were mocked – and sometimes died in demanding and seizing the right to vote.
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ALICIA WALLACE: Anti-Haitian sentiment rooted in white supremacy
LAST week, in response to questions about shantytowns in Abaco, Member of Parliament for Central and South Abaco John Pinder said: “We’re gonna lose our father’s place. Our ancestors settled there[…]”
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'Right track': Gov't push for big GBPA shake-up
The Prime Minister yesterday said the Government is in talks with the Grand Bahama Port Authority (GBPA) to place Freeport "on the right track" as it pushes for a major shake-up in the city's governance.
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PETER YOUNG: European trade unions flex their muscles amid rising inflation
THE extent to which industrial action by militant trade unions is currently causing chaos across Europe may come as a surprise to some. But it is, I think, worth examining as a sign of the times.
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