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Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
Financial crimes rise 54% to five-year-high
Financial crimes reported to the Royal Bahamas Police Force (RBPF) surged by 54 percent to 830 incidents in 2023 and representing a five-year high.
NEXT STOP PARIS: Mixed relay team qualifies for Olympics
A new national record that was powered by a stunning second leg from 16-year-old rookie Shania Adderley helped to propel The Bahamas mixed 4 x 400 metre team to the 2024 Paris Olympics.
Tyesha Tynes a ‘stroke’ above the rest
Freshman Tyesha Tynes was pleased with the way she was able to make her presence felt for the Hastings College Lady Broncos women’s golf team this season.
PM: National Youth Guard graduates 'on the front lines of new climate era'
Prime Minister Philip Davis cautioned the second cohort of officers dedicated to national emergency response that they will be “on the front lines during this new climate era” during a graduation ceremony yesterday.
Bahamas Track and Field Alumni inaugural Gala and Awards Dinner ‘bittersweet’
It was a bittersweet weekend for the formation of the Bahamas Track and Field Alumni on their inaugural Gala and Awards Dinner on Friday night at the Balmoral Club. After receiving an award that he shared with his wife, Maxine Munroe, for their commitment and service to track and field over the past 50 years, Adam Munroe passed away when he returned home. The Adams were honoured along with Doyle Burrows, Martin Lundy, Keith Parker, Frank “Pancho” Rahming, Elaine Thompson, Neville Wisdom and Ronald Cartwright. Also honoured posthumously were the late Livingstone Bostwick, Winston ‘Gus’ Cooper, Alpheus ‘Hawk’ Finlayson, Thomas A. Robinson and Monica Woodside.
Nassau/PI hotels ‘soon can’t take anyone else’
Nassau and Paradise Island hotels will “soon reach the point where we can’t take anyone else”, a senior tourism executive has warned, with room shortages driving “unheard of” March occupancies.
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.
East GB microgrids set to hire up to 50
Up to 50 workers will be hired for the proposed build-out of five solar microgrids designed to help “ease cost of living concerns” and entice former residents to return to Dorian-ravaged east Grand Bahama.
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.
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.
AG: BPL needs 400MW in new generation plant
Bahamas Power & Light (BPL) needs more than 400 mega watts (MW) of new generation capacity to address a “dire” situation requiring between 60-80 percent of its existing plant to be replaced within five years.
‘Most of BPL Plant obsolete in 5 years’
ATTORNEY General Ryan Pinder said 60 per cent of Bahamas Power & Light’s plant in New Providence and 80 per cent of its plants in Family Islands must be replaced in the next five years as engines reach the end of their useful life, a transformation that will cost almost $300m.
Laroda denies Social Services reducing food assistance rates
SOCIAL Services Minister Myles Laroda said his ministry is reviewing its food assistance programme to recommend “cost of living increases”.
BPL ‘shambles’: We pay now or pay later
The Bahamas Power & Light (BPL) “shambles” will only get worse the longer critical reforms are delayed, an ex-Chamber chairman is warning, as he added: “We pay now or we pay later.”
Judge rules on Wells’ LOI - ‘no case to answer’
A FORMER Cabinet minister’s decade-long ordeal over the Stellar Energy letter of intent (LOI) controversy was yesterday halted by the Supreme Court’s verdict that he has no case to answer.
Child abuse cases increase by 87%
REPORTS of child abuse soared 87 per cent in 2023 compared to 2022, a contin- uation of what officials say is an increase in child abuse following the COVID-19 pandemic.
PM: Women not equal? ‘y’all ruling us, man'
PRIME Minister Philip “Brave” Davis rejects the United States’ observation about how women are treated in The Bahamas.
RF: ‘No impact’ from core software dispute
RF Bank & Trust yesterday asserted that a dispute with its core software provider will “not in any way impact customer funds or overall operations” as it bids to resolve their differences.
‘Keep faucet open’ govt urged as real estate triples
The Government was yesterday urged to “keep the faucet open”, and not tinker with real estate taxes and regulation in the upcoming Budget, as contracted property sales more than tripled year-over-year.
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