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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.

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Mingoes pick Baha Jrs apart with 10-0 win

THE University of The Bahamas men’s soccer team seemingly could not be stopped against BahaJrs in Bahamas Football Association action recently at the Roscoe A.L. Davies Field.

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Bowleg hits back on audit findings

YOUTH, Sports and Culture Minister Mario Bowleg said the government did not overspend on last year’s CARIFTA and Jubilee Games, which cost more than $7m than was allocated, according to audit reports from the Office of the Auditor General.

Lodge owner ‘can’t deal’ with BPL power outages

South Andros and Mangrove Cay residents yesterday urged the Government to “put their foot on BPL” after a 24-hour power outage knocked out all the area’s utilities and Internet service.

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.

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$7m overspend on sports events

BAHAMIAN taxpayers incurred an extra $7m bill to cover cost overruns for two much-hyped sporting events that were hosted last summer, the Government’s financial watchdog has revealed.

Discount Distributors Rockets one win away from NPBA title

GAME four of the New Providence Basketball Association (NPBA) Division I Finals will be a crucial one for both the Commonwealth Bank Giants and Discount Distributors Rockets.

Man charged with having two firearms granted $8,500 bail

A MAN was granted $8,500 bail after he was allegedly found with two firearms over the weekend in New Providence.

Racing for a brighter future

When astronauts are asked what the most beautiful place on earth is as seen from space, they often pinpoint The Exumas thanks to the mesmerising turquoise shades that envelope them. With more sea turtles and superyachts than people, it’s best known for its captivating waters. Samson Colebrooke grew up here, training in a place called the “Onion Bowl” in Moss Town, Great Exuma. The name comes from the fertile soil in Exuma, which is great for producing onions.

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‘All-Bahamian’ $30m hotel gets conditional go-ahead

The Bahamian developer of a proposed $30m West Bay Street hotel was yesterday granted preliminary site plan approval for the project provided its “side setbacks” are increased to 15 feet.

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What can country do to take advantage of kart racing?

FEW of us can name six senators serving now or remember who our Member of Parliament was ten years ago, but mention Lewis Hamilton and eyes light up. Recognition is instant. “The greatest race car driver of all time … A hero on the track and off …”

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Charisma books her ticket to Olympics, Shaunae back on track

VERSATILE Charisma Taylor booked her ticket to the 2024 Olympic Games in Paris, France and birthday girl Shaunae Miller-Uibo proved that she’s on her way back for another appearance at the Tom Jones Memorial at the Percy Beard Track in Gainesville, Florida.

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Lucozade Sprint Classic brings out the cyclists

THE New Providence Cycling Association hosted its Race Series 2024 with the Lucozade Sprint Classic on Sunday around the western end of New Providence.

BTC slams ‘excessive’ $209,488 URCA fine

The Bahamas Telecommunications Company (BTC) last night slammed the $209,488 fine imposed on it by regulators for breaching mobile number portability rules as “unwarranted and excessive”.

What’s your favourite scripture, and what does it mean to you?

There are many memorable Bible passages that people hold near and dear to their hearts and which get them through life’s myriad experiences.

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FNM claims govt broke law on finance

THE Opposition’s finance spokesman yesterday challenged whether the Government may have violated public finance laws by drawing on $133m from its “sinking funds” to pay debts coming due.

Civil society: The cornerstone of democracy and progress

IN its broadest sense civil society is all the people, places, and things functioning in a civilised society.

Albany developer’s Bahamas return after spared jail time

ALBANY’S principal investor was given permission to return to The Bahamas as early as yesterday after being spared jail time following his previous guilty plea to securities fraud.

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NIB’s $240m loss at COVID’s peak

COVID-19 has left the National Insurance Board (NIB) facing an “uphill lift” to recovery after plunging the nation’s social security system into a $240m loss at the pandemic’s peak.

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Devynne Charlton master of her feet, fate, and soul

TATTOOS are rarely meaningless. Every day, we glimpse the most precious things dyed across the skin of strangers, whether it’s pets, children, or proverbs.