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‘Fantastic opportunity’ given Bahamas in UK tax change

Realtors yesterday argued The Bahamas has “a fantastic opportunity” to exploit changes in UK tax law by attracting hundreds of ultra wealthy individuals and their families to domicile in this nation.

'Operation United Force' nets weapons, drugs and a dozen arrests

A joint operation with local and international authorities targeting high-crime areas and prolific offenders in Abaco led to a dozen arrests and the seizure of two firearms today.

Gov’t ‘not begun to repay’ $239m IMF SDRs loan

The Government “has not begun repayment” of the $232.3m in IMF special drawing rights (SDRs) it controversially accessed via the Central Bank as the outstanding “loan” balance grew by $6.18m over 2023.

Freeze on $2.288m City Markets HQ buy upheld

The Court of Appeal yesterday upheld an injunction freezing $2.288m that was paid by a BISX-listed food group to acquire the major asset held by the City Markets employee pension fund.