Bahamian regulator probing FTX woes
The Securities Commission was yesterday investigating the crisis that has left The Bahamas’ flagship digital assets investor on the brink of collapse after a rival crypto currency exchange walked away from a rescue deal.
Rain, wind and floods in Grand Bahama
HURRICANE Nicole brought heavy wind, rain and flooding to Grand Bahama yesterday.
‘Hurricane will dent Abaco, but not stop recovery’
THE president of Abaco’s Chamber of Commerce said the damage from Nicole will put a dent but not be a setback to the island’s hurricane recovery.
‘So far so good’ for Abaco
ABACO residents dealt with immense flooding from the late season storm Nicole yesterday, with some experiencing anxiety and others thankful this experience was not as traumatic as Hurricane Dorian.
PM’s ‘heartbreak’ at seeing flooding
PRIME Minister Philip “Brave” Davis said he was heartbroken to see flooding that was sparked by Hurricane Nicole. Mr Davis, who is in Sharm El-Sheikh, Egypt representing the country’s interests on climate change at COP27, told people in Grand Bahama and Abaco to “take heart” and remember “the Lord is not going to put on us more than we can bear”.
Anxiety with repairs from Dorian still not complete
GRAND Bahama residents were anxious about the damage Hurricane Nicole would cause as many people on the island have yet to fully repair their homes three years after Hurricane Dorian.
Roads closed and rough seas - but New Providence spared
HEAVY flooding caused by Hurricane Nicole’s outer bands resulted in several roads in New Providence being closed yesterday.
NICOLE MAKES LANDFALL: 800 seek shelter as hurricane hits Grand Bahama and Abaco
MORE than 800 people were forced to seek shelter yesterday as Hurricane Nicole barreled across Abaco and Grand Bahama, dumping heavy rain and gusty winds – stirring up painful memories for many still reeling from Dorian’s devastation.
Bahamians must brace for uncomfortable time
What has the COVID-19 pandemic taught us as a nation? This crisis proved that we must prepare and plan - economically, socially and financially - for a sustainable future.
Combined insurance act almost consultation ready
REFORMS that will combine existing laws governing the insurance industry into one comprehensive Act are close to completion and release for public consultation, regulators said yesterday.
Small business tie-up eyed for green, blue economies
ENVIRONMENTAL consultants yesterday said they were working on initiatives to unlock the potential of the so-called ‘blue’ and ‘green’ economies for The Bahamas’ long-term benefit.
Junior college basketball prospects soak up early season success in US
BAHAMIAN basketball prospects have teamed up at the junior college level across the United States and have experienced early season success with their respective programmes.
Chickcharney Challenge: ‘The return’
THE country’s premier obstacle course challenge will make its grand return to the Clifton Heritage Park this December, as Chickcharney Challenge organisers hope to double the number of participants in this year’s event.
Unity in face of adversity
I am constrained to admit that apart from loving black cherry ice cream, I just love and, most of the times, respect my people of The Bahamas.
‘Buddy’ Hield signs extension with Nike
Chavano “Buddy” Hield has had an endorsement deal with Nike for the duration of his NBA career and that partnership will continue for the foreseeable future.
FIBA World Cup ‘23 Americas Qualifiers postponed
WITH the impending impact of Tropical Storm Nicole on The Bahamas, FIBA and the Bahamas Basketball Federation announced the postponement of the latest window of the World Cup 2023 Americas Qualifiers.
Accountant shortages drive sector challenge
THE BAHAMAS Institute of Chartered Accountants (BICA) president yesterday said the industry is experiencing its own version of inflation as remuneration rates.
Freeport is snakebitten
GRAND Bahamians weren’t surprised to learn from Lucayan Renewal Holdings Limited that the Electra America Hospitality Ltd deal to purchase the Grand Lucayan Resort had fallen through. After repeated delays to get this deal done, it became apparent that nothing would materialise.
WEDNESDAY UPDATES: Hurricane Nicole
Speaking this evening, Acting Prime Minister Chester Cooper said in Eleuthera, Andros and New Providence “schools and universities will resume classes tomorrow (Thursday) and all government workers are asked to return to duty.
