FTX chief orders Bahamas: Hand over SBF interviews
FTX’s US chief is accusing his Bahamian counterparts of seeking to “shield from scrutiny” details of their interviews with Sam Bankman-Fried and other key insiders that he now wants handed over.
BPL Workers Union votes strongly in favour of strike
MORE than 1,000 Bahamas Electrical Workers Union members voted to strike in a ballot on Friday, resulting in a 99 percent “yes” vote unofficially, according to union president Kyle Wilson.
‘Mother’ Pratt sworn in as new Governor General
CYNTHIA “Mother” Pratt was sworn in on Friday as the 12th Governor General of The Bahamas as she spoke of the need to “support the weak, and lift up the fallen”.
Bell shuffled in Davis Cabinet shake-up
ALMOST two years into his administration, Prime Minister Philip “Brave” Davis has shuffled his Cabinet, with Keith Bell and Alfred Sears being moved to new ministerial posts.
Eugene Horton and his slate returned to office
WITH a resounding vote of confidence, president Eugene Horton and his entire slate of officers were returned to office as the Bahamas Basketball Federation’s executives for the next four years to complete the job they started.
Bodybuilders earn their pro cards
Jimmy Norius and Tarran Knowles can now hold the distinction of being the first two Bahamians to earn their professional bodybuilding cards from two different organisations.
World eSports: Lucius finishes 33rd overall
AFTER advancing to the first round of the playoffs, gamer Johnathon Lucius fell to Peru to end his journey in the International Esports Federation’s (IESF) World Championships this past weekend.
Undefeated Cybots beat Crimestoppers
WITH the Bahamas Government Departmental Basketball Association (BGDBA) season winding down, the undefeated Bain and Grants Town Cybots dropped the Police Crimestoppers 88-81 this past weekend.
Bahamas Youth Flag Football League ‘in-season training’
THE Bahamas Youth Flag Football League (BYFFL) season returned this past weekend at the Thomas A Robinson national stadium.
UB Mingoes women’s volleyball team gains valuable experience
THE University of The Bahamas women’s volleyball team lost both matches to Florida National University Conquistadors but head coach Raymond Wilson said the team not only improved but also gained valuable experience heading into the season.
Navigating the challenges to drive increased demand
The Bahamas, often celebrated for its breathtaking natural landscapes and vibrant cultural heritage, stands poised with immense potential for economic growth. Throughout this two-part series, we will thoroughly explore the pressing need to invigorate and foster the growth of the local economy. It is crucial to grasp the essence and significance of what constitutes an economy, as it serves as the backbone upon which the prosperity and well-being of a nation and its people are built.
DEREK SMITH: Combine AI with human expertise on compliance
Regulatory compliance is undoubtedly a key component of trust between institutions and consumers in the financial services industry. Thus an important question facing corporate governance professionals in the era of fintech (financial technology) innovation is whether to invest in Artificial Intelligence (AI) for compliance or rely on the traditional expertise of risk and compliance professionals.
‘Nothing to ease pressure’ over high insurance costs
Bahamian insurers are warning there is “nothing that will ease the pressure” on soaring catastrophe coverage costs as they nervously await the total damages and insured losses from Hurricane Idalia’s strike on Florida.
‘Road map’ for 5G plan amid Starlink pushback
Regulators have pledged “to develop a road map” for deploying 5G (fifth generation) technology in The Bahamas amid continuing concerns from the two incumbent operators about the arrival of Elon Musk’s Starlink.
Building material suppliers watching for Idalia fall-out
Bahamian building materials costs and availability could come under pressure from post-Hurricane Idalia reconstruction on Florida’s west coast, local suppliers have warned.
Software with solid gains
ActivTrades
August is behind us and markets worldwide had a more or less quiet month. In New York, caution about the forthcoming labour market report has somewhat pushed the hopes of an interest rate pause by the US Federal Reserve into the background. The leading index, the Dow Jones Industrial Average, slipped gradually until the end of August and posted a loss of 2.4 percent.
Woman accused of making false kidnapping report
A 33-year-old mother was granted $2,000 bail after she was accused of making a false kidnapping report claiming that a man tried to abduct her 2-year-old daughter at a food store last week.
Not guilty plea to 24 counts of violation of bail conditions
AN 18-year-old youth is behind bars accused of breaching his bail 24 times in the last year.
Man charged with possession of unlicensed firearm, ammunition
A MAN was granted $7,000 bail after he was allegedly caught with a loaded gun on a motorcycle after a police chase near Robinson Road earlier last month.
