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$7m overspend on sports events
BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.
Fund manager to be ‘little more defensive’
A Bahamian investment bank plans to be “a little more defensive” in 2024 with its stock picks as it targets close to $20m annual asset growth in its main equities investment fund.
Ex-mp still free over $3m ‘life-altering’ money battle
A FORMER MP and ex-Supreme Court judge was yesterday said to remain free almost two months after police issued a ‘wanted poster’ for him over allegations he has failed to repay an investor more than $3m.
Steven Gardiner leading the way
AS quarter-miler Steven Gardiner led a host of Bahamians competing in the United States, hurdler Devynne Charlton and sprinter Anthonique Strachan were in action at the start of the Wanda Diamond League in Xiamen, China.
Gov’t boost from moody’s $44m deficit miss forecast
MOODY'S has given the Government’s fiscal consolidation campaign a major boost by predicting that this year’s fiscal deficit will only narrowly overshoot its target by $44m.
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.
Ex-DPM: ‘I’ve triumphed over baseless conspiracy claims’
An ex-deputy prime minister last night asserted he has “emerged victorious against baseless conspiracy allegations” levied against himself and Sky Bahamas’ former principal by the airline’s chief financier.
DPM: ‘Cracks’ showing in Briland’s tourism product
The deputy prime minister has raised the alarm that “cracks” are appearing in Harbour Island’s tourism product, as he warned: “Unless we manage the paradise we have we stand the risk of losing it.”
‘All-Bahamian’ $30m hotel gets conditional go-ahead
The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.
Airline says fix airport or we pull out of route
A Cabinet minister yesterday revealed that American Airlines threatened to pull out of its Governor’s Harbour route expansion if $6m in airport upgrades were not completed within two months.
GB medical school’s $25m expansion to give 200 jobs
A Grand Bahama medical school says its imminent $25m expansion will create 200 construction jobs as it dismissed a legal battle with its co-founder as “a distraction”.
CARIFTA TV payment cut in half on contract breach
An upfront $50,000 cash payment related to broadcasting rights for last year’s 50th CARIFTA track and field championships was cut by 50 percent after organisers breached the contract.
Family of GB man killed in traffic accident still in disbelief
GEORGE Bastian, 56, was on his way home from the Fish Fry in Eight Mile Rock when he was killed in a traffic accident over the weekend.
New police headquarters in Abaco announced as concerns over crime on the island grow
A MODEL for a new multimillion-dollar police headquarters in Abaco was unveiled yesterday even as officials, including Police Commissioner Clayton Fernander, expressed concerns about crime on the island.
Pintard: Stop doing business with gangsters
FREE National Movement leader Michael Pintard warned the Davis administration not to sign contracts with businesses owned by gangsters, saying this would threaten the government’s reputation.
Mingoes pick Baha Jrs apart with 10-0 win
THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.
Gov't to investigate industrial odours in GB
Prime Minister Philip Davis said his administration is concerned about nuisance odours from the industrial park that are impacting nearby residential communities in Grand Bahama.
DPM: Eleuthera airport woe ‘completely embarrassing’
The deputy prime minister has admitted that North Eleuthera airport’s present woes are “completely embarrassing” even though the island posted a monthly visitor record for February 2024.
Bahamian Marathoner Makes International Hall of Fame
DURING the 128th running of the Boston Marathon (26.2 miles) on Sunday past, another Bahamian marathon runner etched his name into the marathon record books.
FACE TO FACE: Young men find purpose in protecting mangroves
WHEN two young men, students of Anatol Rodgers High School, joined a programme designed to save the mangroves on their island, they did not expect that it would change their outlook on life.
