Securities Commission imposes $221.7m penalties over two years
THE SECURITIES Commission of The Bahamas has imposed more than $221.7m in administrative penalties over the past two years as it shifts from a predominantly remediation-led approach to a more aggressive financial enforcement regime, while reporting a sharp decline in AML/CFT/CPF deficiencies found during examinations.
The Cabbage Beach access saga is a long and complicated story
The Cabbage Beach Story is a complicated one and has been building to where it is for a very long time. My recounting of events below is just that, a history to the best of my recollection.
Sunshine Finance seeks new president incumbent elevated to CEO
SUNSHINE Finance is splitting its top executive responsibilities, elevating President Rosel Moxey to chief executive officer while launching a search for a new president to take over the company’s daily leadership.
Police investigate sudden death of infant at Rand Memorial Hospital
A ONE-MONTH-OLD boy died at Rand Memorial Hospital early Wednesday after his parents found him unresponsive at their Grand Bahama home.
Closing public access to Cabbage Beach would be major blow, say taxi drivers
TAXI operators who depend heavily on Cabbage Beach for cruise ship passenger business say the closure of access to the popular Paradise Island beach could deliver a significant blow to their livelihoods, with some estimating they could lose as much as 70 percent of their business.
08272026 OBITUARIES
Thursday, August 27, 2026
Loyal customers keeping ice cream store open during power crisis
FREQUENT power outages have forced LonBon’s Ice Creams to absorb higher operating costs, discard inventory and occasionally close its doors, as the South Beach business works to stay afloat through an unpredictable summer.
GB Shipyard urgently needs outside labour to meet lack of skilled workers
GRAND Bahama’s skills gap is becoming an increasingly urgent challenge for businesses, with the industrial sector alone expected to need some 1,600 skilled workers for the Shipyard, which is a demand the island cannot meet without outside labour, according to the Grand Bahama Chamber of Commerce.
Danger of Govt’s ‘weaker fiscal position’ being exposed by accounting switch
A WELL-KNOWN banker has warned that the Government's planned switch to accrual accounting could expose a weaker underlying fiscal position than its current headline surplus figures suggest.
Banker says Govt loans to loss-making businesses are ‘not recoverable assets’
A BAHAMIAN banker has warned that the Government cannot borrow money from the public, pass it on to loss-making state-owned enterprises and then treat the resulting loans as recoverable assets when there is little realistic prospect of repayment.
Govt’s ‘modernising’ One Tax initiative three years in making, says OPM
THE DAVIS administration has fired back at criticism of its One Tax Bahamas initiative, insisting the system is neither a new tax nor a surprise policy but a three-year-old plan to modernise how Bahamians manage their tax obligations.
Pintard rebukes Ingraham and insists he’s best person to lead FNM
FNM leader Michael Pintard yesterday rebuked former Prime Minister Hubert Ingraham for publicly urging the party to “find someone who could win”, while revealing that he believes he is the best person to lead the party.
Ann Marie Davis presents back-to- school shoe vouchers
Ann Marie Davis, of the Office of the Spouse of the Prime Minister, said it is with a sense of joy and community spirit that her office is donating back-to-school shoe vouchers for children returning to school.
FNM deputy leader Shanendon Cartwright to receive SAC Spotlight
Deputy Leader of the Free National Movement and former Member of Parliament for St Barnabas, Shanendon Cartwright, will receive the Spotlight Award at the 2026 St. Augustine’s College Alumni Lighthouse Awards & Gala Ball.
BTC continues investment in its people, recognising 38 Top Performers for Q2
BTC has recognised 38 employees in New Providence and the Family Islands as its top performers for the second quarter, bringing to 79 the number of workers honoured under the company’s recognition programme so far this year.
Laroda defends election integrity despite CARICOM report concerns
National Security Minister Myles Laroda yesterday defended the integrity of the May 12 general election despite concerns raised by CARICOM observers, while conceding there were “glitches” and backing calls for the Parliamentary Registration Department to be made independent.
The Psychology of Pricing: how technology enables dynamic pricing strategies
Walk into any Bahamian boutique and the prices on the tags rarely change from week to week.
‘Build Bahamian companies’ to meet tourism demands, says Commission
TRADE Commission Chairman Barry Griffin said The Bahamas needs to move beyond simply urging hotels to “buy local” and instead build Bahamian companies capable of meeting the tourism industry’s demands for price, quality, volume and reliability.
