"��KaKaotalk:PC53��200%�� :www.za32.net" | Search

Gov’t drove 59% of $523m reserve rise

The Government accounted for 59 percent of the 2022 first quarter’s $523m rise in The Bahamas’ foreign currency reserves, the Central Bank’s governor has revealed, although the banking sector subsequently took on the greater share.

Governor raises reserves forecast as $3bn beaten

The Central Bank yesterday raised its year-end forecast for The Bahamas’ external reserves holdings after they started May above $3bn following a $523m expansion during the first three months of 2022.

Kalik maker: Product shortages ‘inevitable’

Kalik’s manufacturer has continued to warn that product shortages and price hikes are “inevitable” due to continued supply chain disruptions post-COVID despite generating $1.3min profits for the 2022 first quarter.

Man denies series of Paradise Island thefts

A MAN was charged in Magistrate’s Court yesterday in connection with a series of thefts on Paradise Island that included over $5,000 worth of smart TVs and almost $200 worth of alcohol.

Man found guilty of stealing parts

A MAN was found guilty by a magistrate yesterday of stealing $1,800 worth of car parts from a woman's car and also causing $200 damage to the same vehicle.

BOB shedding ‘haunted’ past with 20% growth goal for ‘23

Bank of The Bahamas top executive yesterday asserted it is moving beyond the bail-outs that “will forever haunt” the institution with predictions it will grow this year’s forecast $7m profit by a further 20 percent in 2023.

‘Excellent’ results in crime fight

A HIGH-powered rifle capable of firing 200 rounds of ammunition, more than $35,000 and nearly 85 lbs of marijuana were some of the substantive discoveries of the Royal Bahamas Police Force’s Operation Ceasefire.

Blacklist ‘factor’ fear on bank Business Licence

A commercial bank chief yesterday questioned whether the Government’s plan to reimpose Business Licence fees on the sector could revive a situation that caused The Bahamas’ 2018 blacklisting by the European Union (EU).

‘COVID SURGE HAS HIT THE BAHAMAS’: Death toll hits 800 - and 200 new cases so far this month

HEALTH officials yesterday confirmed that the country is in another surge of COVID-19 infections after more than 200 cases were confirmed so far this month.

Coaches Hall of Fame: Greene to be inducted

There’s a saying that it’s better late than never. For Bahamian Rolando “Lonnie” Greene, it couldn’t be any better as he looks forward to his induction into the Drake Relays Coaches Hall of Fame.

EDITORIAL: Seizing the weapons - but we need to stop the flow

ACTING Commissioner of Police Clayton Fernander is eager to show the successes police are securing on the street.

Flowers ordered to pay ex-FML executive $120k

Craig Flowers’ FML web shop chain has been ordered to pay a former senior executive $120,000 plus interest after the Court of Appeal overturned a previous verdict relating to “irregularities” designed to inflate staff earnings.

Gov’t committed over liveable wage pledge

A Cabinet minister yesterday said the Government remains committed to “eliminating” the minimum wage and replacing it via a so-called “livable wage”, with legislation to give effect to this due to be released later this year.

Gas stations hope for industry ‘modernising’

Gas station dealers are hoping the Government will either agree to a margin increase or “modernising” the industry’s structure, with a solution agreed before the 2022-2023 Budget is unveiled in just over three weeks’ time.

Union chief: UoB liveable wage ‘can’t be brought in now’

The $2,625-$3,550 livable wage suggested by a University of the Bahamas study “cannot be implemented at this time”, a trade union leader argued yesterday, adding: “We’ve got to keep the hen that lays the eggs.”

Man accused of rape and attempted robbery

A MAN was charged in a Magistrate’s Court yesterday with several offences, including rape and armed robbery.

Single-A: BJ Murray earns player of the game honours

BJ Murray had his breakout game thus far in his first season at the Single-A level with the Myrtle Beach Pelicans.

RF gives back with charity golf tourney

LOCAL golf enthusiasts are gearing up for the 35th Annual Charity GolfTournament hosted by the Rotary Club of East Nassau & The Scout Association of The Bahamas.

Joint working space for crypto-curious

Crypto Isle has opened a co-working space, and launched a masterclass series for those curious about crypto as well as seasoned professionals.

Agreement for $100m sale of Grand Lucayan Resort

ELECTRA America Hospitality Group has made a $100M purchase offer for the Grand Lucayan Resort at Grand Bahama.

Sort By

Date

Special Features

Obits

PDF Edition