Loss-making SOEs: You’ll ‘pay one way or another’
Bahamians must decide whether to pay the full cost of public services directly or as taxpayers to eliminate the financial “black hole” created by many state-owned enterprises (SOEs), a prominent banker is arguing.
Watson: PM's tone was different but message never changed
IN the face of criticism over what some believe to be “mixed messages” from Prime Minister Phillip “Brave” Davis on shanty towns, press secretary Clint Watson said while his tone may be different on the issue, Mr Davis’ message has never changed.
Moultrie: AG Pinder ‘over-reaching’ on PAC
FORMER House Speaker Halson Moultrie believes Attorney General Ryan Pinder is indirectly trying to overturn his 2021 decision on the Public Accounts Committee.
Government to meet with retailers on price control
GOVERNMENT hopes to soon meet with food retailers to come up with a permanent expanded price control list or other solutions before its existing price control regime ends on April 17, Economic Affairs Minister Michael Halkitis said yesterday.
FTX investors target Bahamas bank in suit
A Bahamian bank and its chairman yesterday pledged to “vigorously defend” themselves against a class action lawsuit’s accusations that they helped “perpetuate” an $8bn fraud by FTX’s founder.
Failed Lucayan sale to cost taxpayers $9.1m
The failed $100m Grand Lucayan sale is set to cost Bahamian taxpayers a further $9.1m with subsidies to the resort for the full fiscal year near-doubling in the 2022-2023 mid-year Budget.
‘TELL ME HOW MY SON’S BODY WAS BURNED’: Mother still waits for answers on condition of her son’s remains
AFTER the death of her seven-year-old son in the hospital last December, Bianca Wilkinson is still trying to understand how her child's remains were severely burned while in the morgue at the Rand Memorial Hospital.
Haiti is in dire straits
Jovenel Moïse’s death has created a power vacuum for the local gangs to seize control over more than half of Port-au-Prince as the death toll rises from gang warfare and the Haitian national police struggle to keep the peace while being underfunded, outmanned and outgunned.
Troubles at BTC accounts
I think that BTC has completely lost the plot now. Over the last few days I have had several missed calls from a number 702-0795. When I called back I got the message that it was BTC but we can’t take your call right now.
Office of the Prime Minister appoints two press personnel
JOURNALIST and former news anchor Keishla Adderley has been appointed deputy press secretary in the Office of the Prime Minister.
MAN GRANTED $5,000 BAIL FOR STOLEN CAR PARTS
A MAN was granted $5,000 bail in court yesterday after being accused of stealing $920 worth of car parts in Nassau Village earlier this month.
CIBC profits drop 15% on inflation, provisions
A BISX-listed bank has blamed a combination of inflationary pressures and $22m year-over-year increase in loan loss provisions for a near-15 percent decline in its 2022 full-year profitability.
Business licences: More than 10,000 issued within past week
MORE than 10,000 Business Licences have been issued within the past week, a Cabinet minister said yesterday, as he sought to reassure the private sector that “steady progress is being made” in processing their applications.
Gov’t seeking end to price control ‘combat’
THE GOVERNMENT wants to avoid “a combative relationship” with the food distribution industry as it seeks to determine what the industry’s price controls will be once the expanded regime ends on April 17.
‘Abundance of caution’ in $232m loan clean-up
A Cabinet minister yesterday said the Central Bank Act is being “cleaned up out of an abundance of caution” to ensure the Government can lawfully borrow the $232.3m IMF special drawing rights (SDRs).
First-ever yacht show to boost Bahamas potential
A BROKER yesterday voiced optimism that the first-ever Bahamas Charter Yacht Show will draw more focus to this nation’s rising potential as a boating destination.
GERMAN WITH BAHAMIAN MEN GIVEN 6 MONTHS FOR HEMP
A GERMAN resident and two other men were placed on six months’ probation yesterday after admitting in court of having a gram of Indian hemp.
ABACO MAN HELD ON UNLAWFUL SEX WITH 12-YEAR-OLD GIRL
A 49-year-old Abaco man accused of having sex with a young girl appeared in the Magistrate’s Court this week in Abaco. Ivan Curry, of Central Pines, was charged with having unlawful sexual intercourse with a 12-year-old girl on February 14.
$1,000 BAIL FOR STOLEN PRESSURE WASHER
A MAN was granted $1,000 bail yesterday after being accused of having a stolen pressure washer last week.
MAN ACCUSED OF DEATH THREATS AGAINST PM GRANTED $5,000 BAIL
A MAN accused of threatening to kill Prime Minister Phillip “Brave” Davis was granted bail yesterday. Isaac Roberts, 21, was charged earlier this week before Chief Magistrate Joyann Ferguson- Pratt with making death threats.
