Double-digit New Year hikes over minimum legal charges
Bahamian citizens and companies must brace for double-digit percentage hikes in the minimum fees charged for virtually all commercial and civil legal services with effect from New Year’s Day 2026 - a move sparking mixed opinions and divided reactions among attorneys themselves.
Fly fishing chief renewing call for conservation fund
The Bahamas Fly Fishing Industry Association’s (BFFIA) president yesterday asserted that a conservation fund established by law was never truly implemented as he slammed the Government’s “lip service” in protecting and preserving the sector for Bahamians.
Water corp tankering supplies amid central Eleuthera cut-off
The Water and Sewerage Corporation (WSC) yesterday said it will provide tanker water to Central Eleuthera customers whose supply has been cut-off amid repairs to a damaged line at the Naval Base reverse osmosis plant.
Over half of Nassau’s roads threatened by flood damage
More than half of New Providence’s roads are threatened by flood damage, an Inter-American Development Bank (IDB) report is warning, with The Bahamas facing an up to $425m financing shortfall on investment in nationwide road infrastructure.
Cable ‘not aware’ of BTC merger proposal
Cable Bahamas’ top executive says he is “unaware” of any proposal for a merger with the Bahamas Telecommunications Company (BTC) and there have been no talks or discussions on such a plan.
‘Frustration’ escalates over construction self-regulation
The Bahamian Contractors Association’s (BCA) president says he believes successive administrations do not want to “professionalise” the industry because it would create an obstacle to directing “millions of dollars” in construction contacts to their political supporters.
Doctors targets 20% ‘ramp up’ in revenue
Doctors Hospital is aiming to “ramp up” revenues by 20 percent, and expand profit margins “to at least 10 percent” of top-line income, as its chief executive unveiled plans to relinquish this post early in the New Year.
Rosewood Exuma’s developer ‘never opposed’ legal challenge
The $200m Rosewood Exuma developer says it never opposed the legal challenge to the project’s environmental approvals as it pledged to “vigorously refute” the continued attacks and allegations by its opponents.
National debt rises $300m as new mortgages off 39%
The Bahamas’ national debt soared by almost $300m to hit $12.385bn at end-September 2025 in a signal that the Government likely incurred a significant deficit during the first quarter of its current fiscal year.
Bank profits jump $40m on fee/commission surge
Bahamian commercial banks enjoyed a near-$40m year-over-year increase in collective profits during the 2025 second quarter aided by commission and foreign exchange fees “more than doubling” against 2024 comparatives.
Insurer recommits to Bahamas with profits expected to triple
A Caribbean insurer has recommitted itself to the Bahamian market and is planning to expand its presence, with profits projected to near-triple this year, in a reversal of plans to exit this nation as recently as 2022.
Air Canada launches direct Bahamas flights
Air Canada on Friday launched new non-stop flights from Ottawa and Halifax to Nassau as part of that nation’s surge in travel demand and airlift to The Bahamas.
Minnis: Entice Bahamians, not China, to fund $268m hospital
An ex-prime minister yesterday argued the Government should have exploited $3bn-plus in surplus banking system assets to entice Bahamian investors to finance New Providence’s new hospital rather than the Chinese state, asserting: “The time has come to encourage our own”.
Bahamians ‘being driven out of financial services’
The Attorney General yesterday agreed that The Bahamas must find a “fair balance” between skilled expatriate labour and locals after Bahamian attendees at a Securities Commission seminar complained they “are being driven out of the financial services industry”.
‘Don’t permit the big boys with mega bucks to rob us’
Two Opposition MPs yesterday challenged the $1.6m purchase price for a land parcel that is vital to “unlock” Baha Mar’s $350m expansion, with one asserting: “Don’t let the boys with the mega bucks rob us.”
