Prison officer recruits welcomed by PM Davis
THE Bahamas Department of Correctional Services welcomed its latest group of recruits during a passing out parade at the prison facility yesterday.
Ministry: Not all road fees affected
THE Ministry of Transport and Housing released a statement yesterday on impending Road Traffic Department fee increases, clarifying that not all fees have been affected by the adjustments set to take effect January 1, 2023.
Halkitis ‘open’ to proposal on Village Road stimulus
ECONOMIC Affairs Minister Michael Halkitis said he is open to reviewing a proposal from Village Road business owners who are requesting an economic stimulus package for loss of business due to ongoing road works.
San Salvador council staff ‘unpaid for two months’
THE chief councillor for San Salvador said employees of the island’s district council have been without pay for two months, adding it has left them “handicapped” this Christmas season.
URCA ‘out of their minds’ for BPL 163% fuel hike backing
A former Democratic National Alliance (DNA) leader yesterday blasted that electricity regulators “have got to be out of their minds” to determine Bahamas Power & Light (BPL) has made the case for up to 163 percent fuel charge hikes.
‘Disaster for business’: Village Road works in up to 46% loss
Village Road companies have branded the area’s ten-month long roadworks “a disaster for business” with income losses running as high as 46 percent and damaged properties urgently needing repairs.
Tax breaks call as Village Road avoided ‘like plague’
Village Road businesses are seeking VAT credits, plus Business Licence and real property tax waivers, to compensate for the damage inflicted by roadworks that have caused consumers to avoid the area “like the plague”.
Fears FTX ‘a game changer’ for financial services sector
FTX could be “a game changer” for the Bahamian financial services industry’s growth prospects, a well-known businessman warned yesterday, with the country facing “severe attack” over its implosion.
‘Learn from FTX collapse’
THE collapse of FTX serves as a crucial learning lesson and an opportunity to fight for the reputation of the country, according to representatives of the Organization for Responsible Governance.
BPL to end deal covering 50% of Nassau electricity
Bahamas Power & Light (BPL) is ending a deal that supplies around 50 percent of New Providence’s base load electricity generation despite concerns its own staff are not trained to operate the engines involved.
$800m South Abaco agreement signed
THE government signed a heads of agreement yesterday for the Kakona South Abaco Development worth over $800m.
Bid for bail by lawyers for FTX’s founder
LAWYERS for former FTX CEO Sam Bankman-Fried have filed a bail application in the Supreme Court, after the disgraced businessman was sent to prison on Tuesday.
Man gunned down as he arrives at home
A MAN was shot dead shortly after he arrived at a home in eastern New Providence yesterday.
JEAN RONY WINS AT PRIVY COUNCIL: Case over detention and repatriation back to Supreme Court
THE Judicial Committee of the Privy Council has awarded Bahamas-born Jean Rony Jean-Charles the right to have his case returned to the Supreme Court for consideration of an application of constitutional aid over his detention and repatriation from the country more than five years ago.
Xavion gets warm welcome home
WHILE Xavion Johnson continues to make a name for himself on the international judo scene, he’s not forgotten by the Bahamas Judo Federation for his achievements.
Price Control is government intervention
I see why Government had no alternative to pass legislation to enforce the recent amendments to the Price Control regime - the existing law allows for a required approval if the merchant applies if his first cost has increased – a change cannot be refused, the Minister has to sign approval. We all know prices across the board have increased.
Man accused of housebreaking
A MAN was sent to prison yesterday in connection with a housebreaking in Andros last month.
Bahamian sport honours
Lately, there have been numerous conversations in the press and elsewhere with regards to persons being awarded the Hall of Fame designation, and some being additionally included in the Legends Walk. In my opinion, all the inductees are deserving, some more than others. However, I am immensely surprised and somewhat shocked at some obvious omissions, or delays as I am now being advised.
FTX & insider trading
I believe that we first heard that FTX computers had been hacked. Then we heard that the Bahamas Government took custody of some of the FTX Assets and that was refined down to the Securities Commission had put them in Cold Storage for safe keeping.
Smashing up ex’s car brings probation order
A WOMAN was placed on three months’ probation in court yesterday after admitting to smashing her former boyfriend’s car and other belongings after she found he was cheating on her.
