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BTC bids to seize yacht over $1.5m cable break
The Bahamas Telecommunications Company (BTC) has launched legal action in New York to seize a high-end yacht it accuses of causing $1.5m in damage to its undersea cable network.
Tourism backlash fear over dolphin fatalities
THE Bahamas was yesterday warned it faces a “PR nightmare” and severe tourism backlash unless it saves the five surviving dolphins at an abandoned project off New Providence’s north coast.
‘Save dolphins after eight die’
‘Living nightmare’ as five more suffer at Blackbeard’s Cay
The Bahamas was yesterday warned it faces a “PR nightmare” and severe tourism backlash unless it saves the five surviving dolphins at an abandoned project off New Providence’s north coast.
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.
FRONT PORCH: Capital punishment and a culture of revenge and retaliation
Former Roman Catholic Archbishop of Nassau, the late Lawrence Burke, SJ, lamented that many Bahamians often seemed more fixated on Good Friday, less seized by the assurance and promise of Easter Sunday.
'Death by 1,000 cuts' fear on new Bimini airport fees
Private aviation operators yesterday voiced fears that the industry faces "death by a thousand cuts" amid a furious reaction to the imposition of multiple new fees to pay for Bimini's $80m airport upgrade.
Sarkis wins bid to take Baha Mar fraud claim to trial
SARKIS Izmirlian’s $2.25bn fraud and breach of contract claim against Baha Mar’s Chinese contractor was yesterday cleared to proceed to full trial before a New York court this August.
INSIGHT: Earth Day 2024, another squandered opportunity
EVERY year, on April 22, the world marks Earth Day – to some extent or another. The day is a US creation – way back in 1970 organisers wanted to throw a spotlight on the environmental problems facing the country. It has expanded far and beyond since. Here in The Bahamas, you would be forgiven if you had not noticed much about the day.
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.
$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.
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”.
Man sentenced to four months for marijuana possession
A MAN was sentenced to four months in prison on Friday after he admitted to the possession of 33 grams of marijuana last week.
Now-Cabinet minister wins just 14.5% of union claim
A SUPREME Court judge has awarded a now-Cabinet minister just 14.5 percent of the compensation he was seeking over a breach of contract battle with the Bahamas Union of Teachers (BUT).
A good man, a good father
THE presence of a father in a child’s life is no small thing.
‘Make the switch’: 2.6% growth below forecasts
THE Bahamas must “make the switch” to focus on medium to long-term economic goals after it was revealed yesterday that 2023’s 2.6 percent real GDP growth came in below expectations.
INSIGHT: How long until we feel govt’s spending?
THE pockets of the people have been hit with quite a toll in recent weeks. It would be nice if we could see government reining in spending to ease the pain.
BPL rates ‘among the highest’ consumers pay in the region
Bahamians are paying “among the highest” electricity prices in the Caribbean even though the base rate is set “below cost” with tariff charges said to be double the global average.
ALICIA WALLACE: Focusing on the needs of women in poverty
THE 68th session of the United Nations Commission on the Status of Women (CSW) is now in its second week in New York City.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Property tax pace 20% up amid ‘over aggressive’ fear
Real property tax collections are pacing 20 percent ahead of the previous record year, the Government’s top finance official disclosed yesterday, as he predicted it will be “very close” to its full-year deficit target.
