GBPA ‘vehemently disputes it owes $1’ of $357m Gov’t claim
THE Grand Bahama Port Authority (GBPA) “does not accept it owes $1 to the Government out of that $357m” claim which has more than doubled after the number of years included were expanded.
Albany developer’s Bahamas return after spared jail time
ALBANY’S principal investor was given permission to return to The Bahamas as early as yesterday after being spared jail time following his previous guilty plea to securities fraud.
‘Mind-boggling’ timing over Gov’ts $357m GBPA claim
A FREEPORT attorney yesterday asserted it was “mind-boggling” that the Government should again “throw darts” at the Grand Bahama Port Authority (GBPA) given the island’s $2bn investment pipeline.
Pension shake-up over $3.5bn hole
PENSIONS for thousands of Bahamian public sector workers are poised for a major shake-up in a bid to tackle “alarming” unfunded liabilities that could impose a $3.5bn burden on taxpayers come 2030.
GoFundMe seeks to help family after murder of former MP Saunders
THE FAMILY of Don Saunders is seeking to raise over $300,000 to pay off his housing debts and support his grieving wife and teenage children.
‘You can’t be ungrateful’ over 25 cent bus fare rise
TRANSPORT and Energy Minister JoBeth Coleby-Davis told bus drivers at a hall meeting last night “you can’t be ungrateful” over the 25 cent rise in adult bus fares.
BPSU protests conditions at Registrar General office
BAHAMAS Public Services Union president Kimsley Ferguson warned the government against harsh work conditions and delayed promotions for union members of the Office of the Registrar General, threatening to suspend services.
Fraud issues behind Finco’s $500 ATM daily limit
ROYAL Bank of Canada’s (RBC) BISX-listed mortgage financier has this week imposed $500 daily automated teller machine (ATM) withdrawal limits in a bid to better protect customers from fraud.
Suspensions lifted
Less than nine months after the son-father combo of Greg Burrows Jr and Sr were served with suspensions of 15 and five years respectively, the Bahamas Baseball Association lifted the sanctions with immediate effect.
Archer: ‘We need to go back to drawing board’
THE dust has now settled after the 51st CARIFTA Games wrapped up on Monday at the Kirani James Athletics Stadium in St George’s, Grenada.
Lamar Taylor: ‘It’s just that I am tired right now’
WHILE Lamar Taylor welcomed the opportunity to compete against one of his toughest rivals in the Caribbean, he was disappointed that he didn’t perform as well as he anticipated with the matchup against Trinidad & Tobago’s Olympian Dylan Carter.
Grand Bahama athletes go home with multiple CARIFTA medals
GRAND Bahamians showed up and showed out at the 51st CARIFTA Games in St George’s, Grenada to return to the second city with multiple CARIFTA medals.
Gov’t u-turn on Nassau solar bidding deadline
THE Government has performed a u-turn over the deadline by which all bids on the New Providence renewable energy and microgrid project must be received, it can be revealed.
‘Public protest’ not enough to overturn planning approvals
PLANNING authorities yesterday modified the approvals granted to Wynn Development’s 14-storey Goodman’s Bay penthouse while ruling that “public protest” is not sufficient to overturn prior decisions.
NIB’s $240m loss at COVID’s peak
COVID-19 has left the National Insurance Board (NIB) facing an “uphill lift” to recovery after plunging the nation’s social security system into a $240m loss at the pandemic’s peak.
Gov’t and Opposition fight on GDP growth
THE Government and Opposition yesterday battled over what real GDP growth that fell below expectations for 2023 means for The Bahamas’ short-term economic prospects.
Bahamas approved for $60m ‘blue economy’ credit facility
THE Bahamas is gaining access to a $60m credit line targeted at micro, small and medium-sized businesses (MSMEs) in the so-called ‘blue economy’ in a bid to boost sustainable development.
‘Stress’ will stop business from joining apprenticeship scheme
THE private sector is dealing with too much “stress” to participate in the National Apprenticeship Programme, said former Prime Minister Dr Hubert Minnis yesterday.
GB $15m solar project in end-April commissioning
THE contractor charged with building and operating a $15m utility-scale solar project on Grand Bahama yesterday said the site will be commissioned at end-April 2024.
