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GBPA braces for govt to launch arbitration
THE Grand Bahama Port Authority (GBPA) is bracing for the Government to formally initiate arbitration proceedings as early as this week after talks failed to break the deadlock over the latter’s $357m demand.
PM: Lawyers to meet as GB deadline looms
TENSIONS between the Grand Bahama Port Authority and the Davis administration continue to brew as the deadline for the former to pay the government $357m or face arbitration proceedings nears, with Prime Minister Philip “Brave” Davis saying the promises of Grand Bahama will remain unfulfilled without a paradigm shift.
PM: Bill’s ‘flexibility’ to end GBPA’s energy regulation
THE Prime Minister yesterday confirmed that the Electricity Bill 2024 provides “the flexibility” to remove the Grand Bahama Port Authority’s (GBPA) ability to regulate the energy sector in Freeport.
Joanna Evans’ suspension increased to four years
BAHAMIAN two-time Olympian Joanna Evans took to social media on Monday to voice her grievances with the World Anti-Doping Agency (WADA) after her initial two-year doping ban from the sport was doubled to four years following her attempt to appeal the decision through the Court of Arbitration for Sports (CAS).
WORLD VIEW: Is Ecuador’s expulsion from the UN really the answer to the diplomatic crisis with Mexico?
THE Mexican government has taken the significant step of asking the International Court of Justice (ICJ) to “suspend Ecuador as member of the United Nations” and also to “initiate the process of expulsion under article 6 of the United Nations Charter”.
Concacaf Nations League: Senior men’s national soccer team set to play in Group A of League C
THE Bahamas senior men’s national soccer team was drawn into Group A of League C for the upcoming windows of the 2024-25 Confederation of North, Central American and Caribbean Association Football (Concacaf) Nations League matchups.
‘Folly’ to release PwC’s $357m GBPA research
A Cabinet minister yesterday asserted it would be “folly” for the Government to disclose evidence showing how the $357m payment demand issued to the Grand Bahama Port Authority (GBPA) was calculated.
GBPA seeks to reassure on ‘unfortunate public noise’
The Grand Bahama Port Authority (GBPA) last night moved to reassure its licensees and potential investors over “the very unfortunate public noise” created by its $357m dispute with the Government.
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.
‘Give us answers on Freeport plan’
THE Davis administration does not recognise the Freeport Licensees Association, a group seeking to meet Prime Minister Philip “Brave” Davis that criticised his Monday speech to the Grand Bahama Chamber of Commerce for lacking “critical details”.
Three men charged on the murder of Renaldo Pinder
THREE men were behind bars yesterday after they were accused of killing a man last week.
GB Power on Electricity Bill: ‘We read about it in papers’
Grand Bahama’s electricity provider yesterday revealed it was never consulted on key energy reforms passed by the House of Assembly last week and had to learn about them “in the papers”.
PM told: Wear ‘game hat’ for GB business meeting
The Prime Minister is being urged to wear his “game hat” for tonight’s Freeport meeting with a business community eager to learn how the $357m demand of the Grand Bahama Port Authority was calculated.
$100m ‘dream team’ pitched as GBPA confrontation alternative
A LONG-STANDING Freeport licensee yesterday unveiled a $100m investor and management “dream team” alternative to the Government’s “ugly confrontation” with the Grand Bahama Port Authority (GBPA).
Regatta time again!
CARIBBEAN Bottling Company (CBC), local producers of Coca-Cola and Dasani products and longtime corporate supporter of the National Family Island (NFI) Regatta, looks forward to another year of stiff competition and culture at the 68th NFI Regatta April 23-27 in George Town, Exuma.
‘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.
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.
Opposition leader fears Bill ‘guts URCA’s BPL oversight’
THE Opposition’s leader yesterday accused the Government of “gutting URCA’s oversight” with planned energy regulation reforms that the Prime Minister said could lead to BPL’s break-up.
Energy bill opens door to BPL move
The Government yesterday unveiled a major overhaul of the country’s energy regulatory regime to provide a platform for rescuing Bahamas Power & Light (BPL) from its $1bn debt and investment hole.
Government’s indifference over inequality and rights
THE latest ridiculous statement by the prime minister quickly made the rounds at the end of last week, drawing responses indicative of disbelief, annoyance, and confusion.