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Gibson ‘wanted to burst ex’s brain’
LONG Island MP Adrian Gibson allegedly said in text messages that he sometimes wanted “to burst” his ex-fiance’s brain and that she screwed him over by “blaming” him.
Call for immediate ceasefire
JOINING the voices of non-governmental organisations, feminist movements, and activists all over the world, Equality Bahamas calls for an immediate ceasefire and an end to the occupation of Palestine by Israel.
International certification for GBPA department
THE Building and Development Services at the Grand Bahama Port Authority received ISO 9001 certification, a globally recognised standard for quality management.
Mullings and McCoy break national records
With personal best performances in six of the seven individual events, Ken Mullings combined his points total to improve on his own Bahamas national record in the men’s heptathlon, while producing a world-leading performance.
ALICIA WALLACE: Join in the call for global strike and ceasefire for Palestine
This week, I am participating in the strike for Palestine, and I invite you to join for the remainder of the week if you are not already participating. This global strike week is about disrupting business as usual.
Sporting leaders’ sneak preview for year 2024
As the sporting bodies prepare for the 2024 season, leaders of various local associations and federations expressed their views on what they anticipate to do in their respective disciplines.
Eugene Horton seeks another term in office as BBF president
WITH some unfinished business since moving up from first vice president to president during the middle of the past four-year term in office, Eugene Horton will be seeking another tenure at the helm of one of the country’s most fledgling sporting bodies.
Central Bank reviews $250m investment currency reforms
The Central Bank’s governor yesterday foreshadowed reforms to protect Bahamian retail investors from potential “headwinds” in an overseas investments market that is this year on track to exceed 2022’s $250m outflow.
Sir Franklyn's developer in $7.5m battle with MIT chair
Sir Franklyn Wilson's Eleuthera Properties is locked in a legal battle with Massachusetts Institute of Technology's (MIT) chairman emeritus over the latter's bid to exit his $7.5m investment in the Bahamian developer.
Payment fraud up eight-fold at $21m
Payment fraud increased in value almost eight-fold to $21.2m in 2022 with debit cards accounting for four out of every five reported cases, it was revealed yesterday.
BISX chief: What about Bahamas Food Services?
The Bahamas International Securities Exchange’s (BISX) chief executive is challenging why the decade-old pledge for an initial public offering (IPO) of the former Bahamas Food Services has yet to be fulfilled.
$80k a year to prevent Freeport drainage flooding
GRAND Bahama Port Authority is investing $80,000 annually to ensure Freeport’s drainage system is “storm ready” to prevent flooding.
Family Island companies struggle with price rises
Family Island businesses yesterday said they are struggling to contain prices as they grapple with soaring inflationary pressures impacting the entire world.
$50m target for RF private equity fund
A Bahamian investment bank yesterday revealed it is launching a private equity fund that aims to raise up to $50m over the next three-five years for “investments in possibilities” post-COVID.
MOTIA welcomes golfers to Great Exuma Classic – PGA Korn Ferry Tour
EXUMA, The Bahamas – Deputy Prime Minister and Minister of Tourism, Investments & Aviation Chester Cooper welcomed over 100 participants to the Great Exuma Classic/PGA Korn Ferry Tour, as the country rebounds from the COVID-19 pandemic.
Port’s profits to decline 7% despite pre-COVID bounce
Nassau’s major commercial shipping port is forecasting a 7 percent year-over-year profit decline for 2022 despite predicting container volumes will return to pre-COVID levels in the first quarter.
Overseas investment COVID bar removed
The Central Bank yesterday confirmed that Bahamians will be able to resume purchasing overseas securities and real estate from October 1 after seeing a sufficient uptick in tourism-related foreign currency inflows.
Reserves bolstered by $247m from IMF
THE International Monetary Fund (IMF) has given the central bank $247m from special drawing rights (SDR) to bolster external reserves.
Inaugural Baha Mar Hoops set for November 22-27
THE Baha Mar Resort and bd Global Sports have partnered on a new initiative to add another collegiate basketball event to a busy Thanksgiving holiday weekend this fall.
‘Clear signal’ by Q3 on $100m overseas investments re-start
The Central Bank will “be able to provide a clear signal” by the 2021 third quarter on when it will ease restrictions preventing Bahamians from making up to $100m per year in overseas investments.
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