Creators Alliance participants urged: Speak to Commission
The Securities Commission is pleading with Bahamians who invested with Creators Alliance to contact it after declaring the venture has “the hallmarks of a pyramid scheme” - a common type of financial fraud.
Chief Justice extends San Salvador water cut-off bar
The Chief Justice has granted a seven-month extension to an injunction barring a water provider from causing “decimation of the business and residential community of San Salvador” by cutting off supply.
‘Nation must brace for likely global depression’
Bahamians must “brace” for a potential global depression and repeat of the 2008-2009 economic contraction, which saw thousands lose their jobs, due to Donald Trump’s tariff policies, a local economist is warning.
Taxi drivers’ airport protest is resolved
The Ministry of Energy and Transport has voiced its “disappointment” over Friday’s demonstration by taxi drivers at The Bahamas’ leading aviation gateway.
Key airline’s future branded ‘not clear’
A rival airline has warned Eleuthera business owners and residents that the future of Silver Airways is “not clear” and they should consider using other operators.
Privy Council ‘dismay’ over Bahamian KC and husband
The judicial system’s highest court yesterday voiced “dismay” that a Bahamian KC and her attorney husband have “withheld a substantial sum” due to a Nassau Street condo complex that has accrued over 25 years.
Gov’t uses $161.5m of bond reserves to finance current debt
The Government used some $161.5m set aside to meet future foreign currency bond repayments to instead cover its current “debt obligations” during the 2024 calendar year’s final quarter, it was revealed yesterday.
Bahamas tourism ‘bracing’ for Trump tariffs drop-off
The deputy prime minister yesterday conceded The Bahamas is “bracing” for a fall-off in travel and tourism demand after Donald Trump’s tariffs wiped an estimated $2.5 trillion off the value of global stocks.
Saudis ‘too slow’ over $55m Eleuthera airport
The deputy prime minister yesterday revealed the Government has switched to a new financier to fund North Eleuthera Airport’s $55m overhaul because the original Saudi source is too “slow and bureaucratic”.
450 construction jobs expected in expanded Eleuthera resort project
The deputy prime minister yesterday disclosed that Eleuthera’s proposed Ritz-Carlton Reserve project is increasing its planned investment by $160m and expanding the number of residences by 35 percent.
‘Never in a million years’: Resort, advisers deny link to DPM smear
An Exuma resort developer and its advisers yesterday denied any involvement with videos that the Deputy Prime Minister asserted have defamed him and plan to file police complaints themselves.
Polymers: Trump tariff ‘not going to come to’ Freeport departure
Polymers International’s top executive yesterday asserted “it’s not going to come to that” when asked if the new US 10 percent tariff on Bahamian exports, plus the Chinese ship fee, could end its presence in Freeport.
Deputy PM hits out at AI video’s Rosewood claims
Deputy Prime Minister Chester Cooper yesterday spoke out against the “paid agents hiding behind lies and digital anonymity” that circulated videos “riddled with outright lies and intentional distortions”.
Free wi-fi on public transport thanks to new BTC venture
FREE wi-fi is to be provided on public transport thanks to a partnership between BTC and AD-FI.
‘We’ll change hotel locks’ if Labour delays further
The Old Bahama Bay resort’s management takeover was yesterday said to be “in a holding pattern” amid calls for ministerial intervention to resolve the labour-related issues causing delay.
