Bahamas broker guilty of US legal violations
A BAHAMIAN broker/ dealer’s principal yesterday vowed “this is far from over” after a jury found himself and his former company guilty of violating US securities laws when operating from Nassau.
Power woes drive Eleuthera citizen’s independence flight
AN Eleuthera resident yesterday said she was forced to flee her home and island, and travel to Nassau to celebrate Independence, because she “can’t take any more” of the island’s electricity woes.
Governor: No plans for depository privatisation
THE Central Bank’s governor yesterday said there are currently no plans to privatise the newly-created government securities depository (BGSD) as called for by the IMF.
‘Top MP’s relative’ in Athol Island project controversy
A“relative of a high-ranking MP” is among the groups engaged in unregulated development on Athol Island for which no environmental permits or approvals have been issued, it has been alleged.
Independence Day sales don’t compare to the 50th
RETAILERS say sales of Independence Day merchandise remained strong but were not comparable to last year’s 50th anniversary.
GB’s economic output below COVID in 2023
GRAND Bahama’s contribution to the country’s total economic output fell by $452m, or 22.6 percent, over the nine years to end-2023 to leave it as the sole island with a lower GDP than at COVID’s peak.
PM urges ‘robust’ regulation for AI
THE Prime Minister says the inability to “fully leverage” technology is “the biggest missed opportunity” that The Bahamas and wider region face as he called for “robust” artificial intelligence (AI) regulation.
Be proactive on the cyber security threat
AS BUSINESSES continue to deepen their digital footprints, cyber security remains a critical concern.
MP on Out Island airport fees: ‘Where’s the sky?’
Fears have been voiced that Bahamian residents could be placed “under an economic lockdown” through the imposition of new and increased fees to pay for Family Island airport redevelopments.
‘Go above and beyond’ as hotel room revenue up 8%
Family Island hotels must “go above and beyond” on customer experience as the 8.2 percent surge in room revenues shows they are charging visitors more for their accommodation.
Ex-BPL union chief fails to restore 74-month payout
A former Bahamas Power & Light (BPL) managerial union chief has failed to persuade the highest court in the country’s judicial system to restore his $621,000 “handsome windfall” in termination compensation.
Cruise port to create 350 jobs via $35m water park
Nassau Cruise Port is aiming to create a further 350 full-time jobs through a new $35m water park attraction that is targeted for completion within the next 18 months.
IAN FERGUSON: Taking core values into the workplace
As a sovereign country for more than five decades, there is a certain degree of maturity that is expected in political, social and economic life in The Bahamas. Our upcoming Independence celebrations should remind us of the great accomplishments of our past, allowing us to take an introspective look at where we are currently and, more importantly, focus some attention on the direction we must begin to take in the future.
‘Wheels turning’ over Family Island airports
The Government’s aviation chief yesterday said the “wheels are turning” on Family Island airport transformation with an assessment conducted on all 28 locations.
Family Island airport fees the ‘price of development’
The Government’s aviation chief yesterday said new and increased passenger and user fees at Family Island airports such as Bimini are “the price of development”.
