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Central Bank ease ‘won’t open mortgage avenue’
The Central Bank’s recently-unveiled regulatory easing is unlikely to “open up a new avenue of mortgages” being issued to Bahamian home buyers, a senior banker said yesterday.
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Crackdown on illegal shanty electric supply
THE government is going after generator owners who illegally provide electricity to residents in shanty town communities for a charge, according to Works Minister Clay Sweeting.
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Temperature rise poses additional threat to sensitive coral reefs
CLIMATE change is causing heat that threatens the existence of coral reefs in the Bahamas.
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Grand Lucaya sees rise in occupancy numbers over long Easter weekend
SOME hotel properties experienced occupancy levels of between 30 and 40 percent over the Easter holiday, particularly in the Lucaya area.
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Hoopfest in Paradise turns out to be a real treat
EXCEPT for the constant interruption to wipe the moisture off the floor inside the Kendal Isaacs Gymnasium, the second Hoopfest in Paradise turned out to be a real treat for both local and high school basketball players from the United States of America.
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BGDBA Playoffs: Cybots and Avengers go up 1-0 in first round
The Bain and Grants Town Cybots and Airport Authority Avengers nabbed the first wins in their round one playoff matchups.
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WSC manager claims she was asked, ‘What ways can we find to increase costing?’
A SENIOR manager at the Water and Sewerage Corporation (WSC) claimed in court yesterday that Adrian Gibson asked her how the corporation could increase the cost of maintenance contracts awarded to companies he allegedly ordered to be contracted.
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Petroleum dealers ‘won’t force Govt’s hand’ despite $100 oil
Bahamian petroleum retailers yesterday conceded their margin woes “cannot easily be fixed overnight” and promised “not to force the Government’s hand” with oil prices currently on track to reach $100 per barrel.
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IMF WARNING TO GOVT ON DEFICIT: Spending expected to outpace income by three times forecast
The International Monetary Fund (IMF) last night blew a hole in the Government’s 2023-2024 Budget projections by warning the fiscal deficit will likely be almost three times’ higher than forecast.
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EDITORIAL: Evidence there to check the facts
EVIDENCE is a powerful thing.
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Honouring retirees
THE Ministry of Education has honoured 80 retirees who dedicated between ten and 40 years of service.
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‘Major progress’ on one insurance law
Regulators say “significant progress” has been made in combining the Bahamian insurance industry’s regulatory regime into one law after the sector saw gross written premiums increase by $60m in 2022.
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Bahamas to field its best team ever: FIBA Pre-Olympic qualifier August 14-20
With National Basketball Association’s DeAndre Ayton and Eric Gordon all committed to joining Chavano “Buddy” Hield and Kai Jones, the Bahamas is expected to field its best team for the Pre-Olympic Qualifier in Santiago de Estero, Argentina.
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Maritime Corps thriving - with some challenges
Recently, the instructors involved in the Bahamas Maritime Cadet Corps (BMCC) held a conclave to discuss both progress and challenges.
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Family Island renewable energy search generates 100 questions
The Family Island renewable energy tender process has sparked more than 100 questions from potential bidders and interested investors, a Cabinet minister has revealed.
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Disclosure chair would not say who filed
WEEKS after the deadline passed for parliamentarians to make their annual financial disclosures, Public Disclosure Commission chairman Bishop Victor Cooper still could not say yesterday how many completed their filings.
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‘CANNABIS DRAFT BILL INADEQUATE’: Rastafarian community dissatisfied with location limit for religious use
THE Rastafarian community is not satisfied with the Davis administration’s proposal for legalising cannabis for religious purposes, calling the draft bills inadequate.
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SunCash leading the way on transactions of Sand Dollars
A digital payments provider is proud to tout they are processing 80 percent of all Sand Dollar transactions as it leads the way to more business accounts for 2024.
