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Insurer ‘very, very close’ on 55% Bahamas dependence
A Bahamian insurer says it is “very, very close” to hitting its goal of reducing its reliance on this nation to 55 percent of its property and casualty underwriting aggregates.
Gov’ts ‘ducks lined up’ on Black Point airport
The Deputy Prime Minister is urging Bahamians to exploit the $30m that will become available for farming, fisheries and other ventures post-June via the Bahamas Development Bank’s recapitalisation.
Police move to enforce licences for commercial vehicle drivers
A Bahamian commercial driver’s school teamed with the police to reinforce the importance of heavy vehicle operators obtaining the necessary licence.
Former MP Wells admitted to hospital again
FORMER Cabinet minister Renward Wells was admitted to hospital yesterday.
FTX Bahamas chief gets over seven years jail
The former head of FTX Bahamas did not receive “any brownie points for being a whistleblower” to local regulators as a New York judge yesterday sentenced him to seven-and-a-half years in prison.
Attorney attacks credibility of Rashae Gibson’s testimony
A TOP defence attorney attacked the credibility of Rashae Gibson yesterday as testimony continued in the criminal trial of Long Island MP Adrian Gibson and others.
Ryan Salame, part of the 'inner circle' at collapsed crypto exchange FTX, sentenced to prison
A federal judge on Tuesday sentenced former FTX executive Ryan Salame to more than seven years in prison, the first of the lieutenants of failed cryptocurrency mogul Sam Bankman-Fried to receive jail time for their roles in the 2022 collapse of the cryptocurrency exchange.
Don’t ‘tax your way to success’, Gov’t urged
Businesses yesterday urged the Government not to “tax their way to success” in tomorrow’s 2024-2025 Budget, arguing: “There’s only so much you can wring out of a stone.”
PM demands OECD, EU join global tax treaty talks
The Prime Minister yesterday renewed his demand for the groups that have frequently blacklisted The Bahamas to “join forces with the United Nations” and develop a global tax treaty fair to all countries.
Chamber chair calls for ‘tax code simplification’
The Chamber of Commerce’s chairman yesterday urged the Government to “simplify the tax code” and ease of doing business as he identified discrepancies in Business Licence filing requirements.
Central Bank teams with private sector for digital payments drive
The Central Bank yesterday launched long-awaited campaign to drive increased use of digital and online banking services by Bahamian businesses and households.
Long-term Gov’t paper recovery two years out - but no bad thing
Demand for long-term Bahamas government debt is unlikely to recover until after a 2026 general election but that is not necessarily a bad outcome, a senior banker predicted yesterday.
‘We are all at risk’ over Abaco port uncertainty
Abaco’s Chamber of Commerce president is warning “we are all at risk” as she urged the Government to clarify if it has selected a private operator to take over Marsh Harbour’s commercial shipping port.
From surviving Dorian in Abaco to valedictorian of Brooklyn College
FROM surviving Hurricane Dorian to becoming the first black valedictorian of Brooklyn College, Rhema Mills’ story is not conventional or straightforward.
Cousin testifies Gibson said he felt ‘framed’
LONG Island MP Adrian Gibson reportedly believed his ex-fiancée framed and threw him “under the bus” by blaming alleged criminal activities at the Water and Sewerage Corporation on him.
‘Cut taxes’ plea from business
THE business community hopes Prime Minister Philip “Brave” Davis will reduce taxes, simplify the tax code and improve the ease of doing business when he reveals the budget for the next fiscal year on Wednesday, according to the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) chairman Timothy Ingraham.
What are you snacking on?
Snacking. We all do it to some degree or another.
Sister Sister Breast Cancer Group’s new president reaffirms group’s commitment to the fight
IT’S been roughly three months since the passing of its long serving president Andrea Sweeting.
Records broken at Red-Line Youth Track Classic
THE third edition of the Red-Line Youth Track Classic brought out multiple record-breaking performances this past weekend at the original Thomas A Robinson Stadium. Division Scores The Hurry Murray track club rounded up victories in three out of eight divisions at the two-day meet and last club meet for the season. They won the under-7 division with a total of 52 points. The host club was second with 39 points and Speed Capacity Maximised finished third at 34 points.
Mako Aquatics Club champions of CG Atlantic Invitational
THE Mako Aquatics Club emerged as the champions of the Barracudas’ ninth Annual CG Atlantic Medical Invitational over the weekend at the Betty Kelly Kenning Swim Complex. The two-day meet, staged on Friday and Saturday, was held in memory of the late coach Sue Coleby and featured clubs from New Providence and Grand Bahama. Mako, coached by Travano McPhee, accumulated a total of 1,372 points, holding the Barracudas, coached by Camron Bruney, who ended up second with 1,115 points.
