Pharmacist concerns over medical marijuana licences
Concerns have been voiced that persons and companies lacking pharmaceutical and medical qualifications can obtain licences to operate marijuana dispensaries under the Government's proposed regulatory regime.
Taxi union chief wants 'hustlers at dock' end
The taxi union's president says the industry is seeking to shed its "hustlers at the dock" image after several drivers protested over the Nassau Cruise Port's new call-up system and police efforts to enforce it.
Summit explores multiple financial technology uses
Future opportunities for financial technology were debated last week as executives from government and financial services gathered in Nassau for MasterCard’s first Fintech summit in the Caribbean.
Investors advantage
ActivTrades
The boom in artificial intelligence continues to fuel profits and sales for chipmakers. Nvidia exceeds expectations with its figures, the stock climbs to a record high and makes chief executive, Jensen Huang, $4bn richer.
IDB: $856m strategy for Bahamas ‘too ambitious’
The Inter-American Development Bank (IDB) has admitted its last country strategy for The Bahamas was “overly ambitious and unrealistic” despite approvals for over five times’ the originally-forecast level of financing.
Bran: ‘Let’s get on with’ medical marijuana plan
A former DNA leader, who made medical marijuana and its legalisation a core campaign issue in the 2017 general election, yesterday said Bahamian ownership stipulations “sound reasonable” and urged: “Let’s get on with it.”
Armed guards called amid unrest at BPL
Union leaders yesterday denied that they or their members plan to disrupt Bahamas Power & Light’s (BPL) electricity services after armed guards were posted to several of the utility’s sites as a precaution against looming industrial unrest.
GBPA threats ‘bad judgment’ by PM
The Opposition’s leader yesterday accused the Prime Minister of “exercising very bad judgment” by appearing to threaten that the Government will “wrest away control of the Grand Bahama Port Authority” (GBPA) from its owners.
Mitchell blasts GBPA’s $64m tax break ‘subsidy’
A Cabinet minister yesterday argued the Grand Bahama Port Authority (GBPA) gained a $64m “subsidy” from just one tax break amid private sector warnings that “there’s no other way” but for the two warring parties to collaborate.
North Andros says BPL 'could have given more'
North Andros businesses and residents feel Bahamas Power & Light (BPL) "could have offered more to ease their burden" even though the utility alleged the area's consumers owe it a collective $500,000 in arrears.
Gov't challenged over industrial hemp delay
A marijuana legalisation advocate yesterday challenged the Government’s decision to legalise medicial marijuana but not industrial hemp, arguing: "They are the same thing.”
Industrial hemp legislation to follow medical marijuana
The Attorney General yesterday said the Government is "working on" legislation that will eventually facilitate industrial hemp usage as it makes medical marijuana legalisation its first priority.
AG: Minimal benefits from Commercial Enterprises Act
The Attorney General yesterday said he believes the Commercial Enterprises Act has brought minimal economic benefits to The Bahamas as the Government now works to refocus the law on "empowerment zones".
Credit union provides $25m 'blue collar' mortgage funds
A credit union yesterday agreed to supply a $25m financing package that will cover around 100 mortgages for purchasers of affordable government homes.
FTX US chief blasts ‘meddling’ liquidators
FTX’s US chief has resumed battle with the crypto exchange’s Bahamian liquidators by asserting that their “meddling is hindering” efforts to return recovered assets to former clients and creditors.
