Homecoming celebration for Jonquel Jones all set
THE Government of The Bahamas, through the Ministry of Youth, Sports and Culture, is thrilled to announce a grand homecoming celebration in honour of Jonquel Jones, our very own WNBA champion and MVP.
Central Bank eyes faster payments
The Central Bank of The Bahamas revealed yesterday at BICA’s Accountants Week it is in the process of implementing a new initiative referred to as the Fast Payments System which Deputy Governor Derek Rolle said will come into action in the next few years.
Gov’t optimistic on target for deficit below $100m
The Ministry of Finance’s top official yesterday asserted that the Government is still on target to meet its 2024-2025 fiscal targets despite the near ten-fold rise in the deficit during the year’s first two months.
DEIDRE BASTIAN: Reignite your passion to fix failing companies
Imagine starting a business that you built into a ‘million dollar company’ through sheer hard work but, after a few years, you notice it is failing.
CIBC unveils financing deal with electric vehicle dealer
CIBC Caribbean (Bahamas) says it has teamed with EV Motors to offer auto buyers a financing solution designed to drive faster adoption of electric vehicles (EVs) in The Bahamas.
Bahamas facing new terror finance threats
The Financial Intelligence Unit (FIU) yesterday said it has received evidence of unscrupulous individuals exploiting The Bahamas for terror financing purposes using digital assets and crypto currencies.
Rum Cay resort location ensnared in $23m battle
The developer behind a failed Rum Cay mega resort project must now get Supreme Court permission before launching new legal challenges to its lender’s bid to collect on an unpaid $22.75m debt.
‘Stark 7% decrease’ in investment funds
The Securities Commission’s top executive yesterday warned there has been a 7 percent “stark decrease” in the number of investment funds registered in The Bahamas since last year.
Retailers face ‘sleepless nights’ over Amazon delivery response
Bahamian merchants are facing “sleepless nights” in a race to adapt after being “blindsided” and “side punched” by Amazon’s move to offer ‘free delivery’ to local consumers on certain purchases.
Evans’ family criticises pageant organisers
THE family of Cameronique Evans, former Miss Teen Universe Bahamas 2024, has criticised the organisers of The Bahamas International Pageants Organisation for allegedly subjecting the teen to a traumatic experience and is calling for a public boycott of the organisation.
Nearly 75% of Bahamian businesses pay bribes
Nearly three-quarters of Bahamian firms have admitted to paying bribes to obtain permits and public services, it was revealed yesterday, with this nation ranked fourth in the Caribbean for this type of corruption.
Man claiming he ‘feared for his life’ gets two years jail for fleeing police
A MAN has been sentenced to two years in prison after claiming he fled police because he feared being chased by a mob, a story that was contradicted by witnesses and police who testified there was no mob and that his actions were a deliberate attempt to evade arrest.
Officer faces manslaughter by gross negligence ruling
THE family of 21-year-old Phillip Daniel Clare Jr said “justice was served” after a jury returned a verdict of gross negligence manslaughter yesterday against a police officer involved in a traffic inquiry.
RBDF officers in Haiti ‘can opt out’
FOREIGN Affairs Minister Fred Mitchell said defence force officers and Bahamians in Haiti have been given a voluntary withdrawal order, allowing them to leave the country at any time without government approval if they feel unsafe.
Swift performances in SPIA Mile challenge
The second edition of the SPIA MIle Challenge brought out some swift performances on Saturday at the University of The Bahamas campus.
ALICIA WALLACE: So, what does it mean to be middle class, really?
Earlier this month, social media was abuzz with commentary on the “How Much Does It Cost to Be Middle Class in The Bahamas”, a study by Leslie Archer published in the International Journal of Bahamian Studies, Volume 30.
WSC manager testifies he was not directly involved in five-tank painting project
ROBERT Deal, general manager of the Water and Sewerage Corporation (WSC), continued his testimony in the criminal trial of Long Island MP Adrian Gibson and others yesterday, maintaining that he was not directly involved in a five-tank painting project in 2020, which awarded contracts of $235,000 plus VAT to each contractor.
Parental pushback still a hurdle for people looking for careers in the creative industry
SIGNIFICANT pushback still exists from parents who do not consider jobs in the creative industry to be legitimate careers, said Sonovia Pierre, senior cultural affairs officer at the Ministry of Youth, Sports, and Culture.
New police station officially opened for Eight Mile Rock in Grand Bahama
THE new, modern Eight Mile Rock Police Station was officially opened in the Obadiah H Wilchcombe Government Complex in West Grand Bahama.
